Israel's Stratasys Q2 profit beats on aerospace, defense segment growth

Stratasys

13/08/2026 12:11

Overview
Israel-based 3D printing firm's Q2 revenue was little changed, slightly missing analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Company reaffirmed full-year outlook but now expects negative operating cash flow for 2026

Outlook
Stratasys reaffirms 2026 revenue outlook at $565 mln to $575 mln
Company expects 2026 non-GAAP net income of $8 mln to $12.5 mln, or $0.09-$0.14 per share
Stratasys now expects positive operating cash flow only in H2 2026, not for full year

Result Drivers
RECORD CONSUMABLES - Co said record quarterly consumables revenue was driven by manufacturing materials
AEROSPACE AND DEFENSE - Revenue in aerospace and defense grew 17% year-over-year, per CEO Yoav Zeif
CURRENCY IMPACT - Adjusted EBITDA was reduced by $2.9 mln due to the strong shekel

Company press release: ID:nBwbf4JKFa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Miss*
$137.60 mln
$138.48 mln (4 Analysts)
Q2 Adjusted EPS
Beat
$0.03
$0.008 (4 Analysts)
Q2 Adjusted Net Income
 
$2.30 mln
 
Q2 Adjusted EBITDA
 
$5.30 mln
 
Q2 Adjusted Gross Margin
 
47.20%
 
Q2 Adjusted Operating Income
 
$100,000
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electronic equipment & parts peer group is "buy"
Wall Street's median 12-month price target for Stratasys Ltd is $12.00, about 35.7% above its August 12 closing price of $8.84
The stock recently traded at 59 times the next 12-month earnings vs. a P/E of 66 three months ago

Reuters Recommended Reads
Aug 11 - Velo3D Q2 revenue beats estimates on higher prices, product mix; lifts 2026 outlook
Aug 11 - Israeli defense tech firm Elbit Systems' Q2 profit rises; Europe demand boosts orders
Aug 12 - Israel's Kamada Q2 revenue beats estimates on KEDRAB growth

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)