Start here if you're new
what it is
3D Systems sells 3D printers, materials, software, and services for factories and healthcare.
how it gets paid
Last year D Systems made $387M in revenue. Healthcare Solutions was the main engine at $135M, or 35% of sales.
why growth slowed
Revenue fell 12.1% last year. Revenue was the point. $281M is far above the $97.99M consensus snippet and shows the top line can still jump when demand shows up.
what just happened
3D Systems posted $281M in revenue, and the EPS line is messy because filing data and quote data do not match.
At a glance
C+ balance sheet — struggling to keep the lights on
30/100 earnings predictability — expect surprises
51.0x trailing p/e — you're paying up for this one
1.9% return on capital — nothing to write home about
-$1.94 fy2024 eps est
xvary composite: 29/100 — weak
What they do
3D Systems sells 3D printers, materials, software, and services for factories and healthcare.
You do not just buy a printer. You buy the machine, the materials, the software, and the maintenance. That makes leaving painful, because your workflow gets tied to their stack. The company has 1,833 employees and $387M in annual revenue, so this is a real business, not a hobby kit.
How they make money
$387M
annual revenue · their business grew -12.1% last year
Healthcare Solutions
$135M
Industrial Solutions
$125M
Materials
$70M
Software & services
$57M
The products that matter
printer systems and materials sales
Products
$~271M · ~70% of revenue
This is the larger piece of the business, and it fell 12.1% last year. Bigger does not help you if the core keeps shrinking.
largest segment
software, support, and service revenue
Services
$~116M · ~30% of revenue
Roughly $116M of annual revenue sits here. If this bucket cannot get steadier than hardware, the whole company keeps looking cyclical without the payoff.
stability test
targeted end-market expansion
Aerospace & Defense
20% 2026 growth target
Management's 20% target matters because the overall company declined 9.8% last year. If this end market does not accelerate, the rest of the story gets thin fast.
turnaround bet
Key numbers
$387M
annual revenue
That is the whole sales base. You are buying a $353M company against a $387M revenue run rate.
24.8%
op margin
Core sales still lose money. A negative margin means growth alone does not fix the story.
51.0x
trailing p/e
You are paying 51 times trailing earnings for a business that lost $1.94 per share in FY2024.
$180M
long-term debt
Debt equals 34% of capital. That leaves less room for mistakes when profits are thin.
Financial health
C+
strength
- balance sheet grade C+ — weak — may struggle to fund operations
- risk rank 5 — safer than 5% of stocks
- price stability 5 / 100
- long-term debt $180M (34% of capital)
C+ — below average. watch for debt servicing and cash burn.
Total return vs. market
Return history isn't available for DDD right now.
source: institutional data · return history unavailable
What just happened
beat estimates
3D Systems posted $281M in revenue, and the EPS line is messy because filing data and quote data do not match.
EDGAR shows $281M in latest-quarter revenue and $0.29 EPS. Yahoo Finance shows the last earnings as -$0.15 versus -$0.07 expected, so the reporting snapshot is split.
$281M
revenue
$0.29
eps
35.0%
gross margin
the number that mattered
Revenue was the point. $281M is far above the $97.99M consensus snippet and shows the top line can still jump when demand shows up.
source: company earnings report, 2026
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What could go wrong
3D Systems does not need a complicated risk list. The core problem is visible already: a company with 30.8% gross margin is still posting a $22.7M operating loss and guiding Q1 to $92.5M at the midpoint.
med
the business is still losing too much money
Q4 operating loss was $22.7M on $106.3M of revenue. That is the number you cannot talk around.
If that does not narrow, dilution, balance sheet stress, or both stay in the conversation.
med
gross margin keeps drifting the wrong way
Gross margin was 30.8% last quarter, and the page data shows an average annual decline of 2.5%.
A company with this cost structure does not have room for more compression. Lower margin means the path to profit gets longer, not shorter.
med
Q1 could make Q4 look like a one-off
Q1 CY2026 guidance is $92.5M at the midpoint, down from $106.3M in Q4 and close to the prior Q1 revenue level of $94.5M.
If revenue slips back without better margin, the market will treat the recent beat as timing rather than demand recovery.
med
too much of the story sits on one growth pocket
Management's 2026 target calls for 20% growth in aerospace and defense while overall company revenue fell 9.8% last year.
Miss that target and the cleanest part of the turnaround pitch disappears.
At the current run rate, a $353M market cap company is trying to outrun a $22.7M quarterly operating loss with 30.8% gross margin and one 20% segment growth target. That's a narrow bridge.
source: institutional data · regulatory filings · risk analysis
Pay attention to
calendar
Q1 2026 earnings report
Due may 11, 2026. Your first read is simple: did revenue beat the $92.5M midpoint guidance, and did losses narrow from Q4.
trend
gross margin stabilization
30.8% is not a great margin, but it is the line in the sand. If it keeps slipping after a 2.5% average annual decline, the turnaround math gets worse fast.
metric
revenue holding above the reset bar
Q4 printed $106.3M. Q1 midpoint is $92.5M. You want to see the business proving Q4 was the start of something, not the end of a temporary bump.
risk
aerospace and defense execution
Management's 20% 2026 growth target for aerospace and defense is now a thesis pillar. If updates soften, your growth story softens with it.
Analyst rankings
earnings predictability
30 / 100
Low predictability means results can surprise you in either direction. In human-speak, analysts do not trust the quarter-to-quarter rhythm.
risk rank
5
Safer than only 5% of stocks in the dataset. That's the system's way of telling you this belongs in the speculative bucket.
price stability
5 / 100
This does not trade like a steady compounder. It trades like a small-cap turnaround that has not earned trust back.
source: institutional data
Institutional activity
institutional ownership data for DDD is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$2
current price
n/a
target midpoint · n/a from current
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