3D SYSTEMS CORP DDD
3D Systems Corporation ("3D Systems" or the "Company" or "we," "our" or "us") markets our products and services through subsidiaries in North America and South America ("Americas"), Europe and the Middle East ("EMEA") and Asia Pacific and Oceania ("APAC"). We provide comprehensive 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, and services, including maintenance, advanced manufacturing and applications engineering. Our solutions support advanced applications in two key industry verticals: Healthcare Solutions (which includes dental, medical devices, personalized health services and regenerative medicine) and Industrial Solutions (which includes aerospace, defense, transportation and general manufacturing). We have more than 35 years of experience and expertise, which have proven vital to our development of an ecosystem and end-to-end digital workflow solutions that enable customers to optimize product designs, transform workflows, bring innovative products to market and drive new business models.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $386.9M | $440.1M | $488.1M | $538.0M | $615.6M | $557.2M | $636.4M | $691.5M | $646.1M | $633.0M |
| Cost of revenue | $255.9M | $275.9M | $291.6M | $323.8M | $351.9M | $333.9M | $355.8M | $367.2M | $341.2M | $323.2M |
| Gross profit | $131.0M | $164.2M | $196.4M | $214.2M | $263.8M | $223.4M | $280.5M | $324.4M | $304.8M | $309.8M |
| R&D | $65.0M | $86.5M | $89.5M | $87.1M | $69.2M | $74.1M | $83.3M | $95.3M | $94.6M | $88.4M |
| SG&A | $161.3M | $210.1M | $210.2M | $244.2M | $227.7M | $219.9M | $254.4M | $272.3M | $264.2M | $259.8M |
| Total operating expenses | $227.1M | $441.6M | $602.4M | $331.3M | $296.8M | $342.3M | $337.6M | $367.6M | $358.8M | $348.2M |
| Operating income | -$96.1M | -$277.4M | -$406.0M | -$117.0M | -$33.1M | -$119.0M | -$57.1M | -$43.2M | -$54.0M | -$38.4M |
| Interest expense | — | — | — | — | $2.3M | $4.4M | $4.4M | $1.2M | $919.0K | $1.3M |
| Pre-tax income | $49.6M | -$250.0M | -$362.3M | -$120.8M | $319.5M | -$143.4M | -$65.1M | -$43.2M | -$57.5M | -$39.8M |
| Income tax | $14.9M | $2.2M | $641.0K | $2.1M | $2.5M | $6.2M | $4.5M | $2.0M | $7.8M | $547.0K |
| Net income | $29.9M | -$256.9M | -$362.7M | -$121.7M | $322.1M | -$149.6M | -$69.9M | -$45.5M | -$66.2M | -$38.4M |
| EPS, basic | 0.23 | -1.94 | -2.79 | -0.96 | 2.62 | -1.27 | -0.61 | — | — | — |
| EPS, diluted | 0.19 | -1.94 | -2.79 | -0.96 | 2.55 | -1.27 | -0.61 | -0.41 | -0.59 | -0.35 |
| Shares, diluted (wtd. avg.) | $175.5M | $131.9M | $129.9M | $127.8M | $126.3M | $117.6M | $113.8M | $112.3M | $111.6M | $111.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $95.6M | $171.3M | $331.5M | $392.0M | $790.0M | $84.7M | $134.6M | $110.9M | $136.8M | $185.2M |
| Short-term investments | — | — | $0 | $180.6M | $0 | — | — | — | — | — |
| Receivables | $83.8M | $101.5M | $101.5M | $93.9M | $106.5M | $114.3M | $109.4M | $126.6M | $129.9M | $127.1M |
| Inventory | $127.5M | $118.5M | $152.2M | $137.8M | $92.9M | $116.7M | $111.1M | $133.2M | $103.9M | $103.3M |
| Total current assets | $346.7M | $428.8M | $627.8M | $834.2M | $1.03B | $357.5M | $373.2M | $397.5M | $438.4M | $432.9M |
| Property, plant and equipment | $49.2M | $51.0M | $64.5M | $58.1M | $57.3M | $75.4M | $92.9M | $107.7M | $97.5M | $80.0M |
| Goodwill | $15.6M | $14.9M | $116.1M | $385.3M | $345.6M | $161.8M | $223.2M | $221.3M | $230.9M | $181.2M |
| Other intangibles | $16.6M | $18.0M | $62.7M | $90.2M | $45.8M | $28.1M | $48.3M | $68.3M | $98.8M | $121.5M |
| Total assets | $521.7M | $608.8M | $990.7M | $1.45B | $1.55B | $733.1M | $807.3M | $825.8M | $896.8M | $849.2M |
| Accounts payable | $41.0M | $41.8M | $49.8M | $53.8M | $57.4M | $45.2M | $49.9M | $66.7M | $55.6M | $40.5M |
| Short-term debt | $3.9M | $0 | — | — | $0 | $2.1M | $2.5M | $0 | — | — |
| Total current liabilities | $120.6M | $139.1M | $147.2M | $151.8M | $178.0M | $175.7M | $163.0M | $164.1M | $207.1M | $130.4M |
| Long-term debt | $86.4M | $212.0M | $319.4M | $449.5M | $446.9M | $19.2M | $45.2M | $25.0M | $0 | — |
| Total liabilities | $279.2M | $430.7M | $561.9M | $694.9M | $706.7M | $302.3M | $293.4M | $241.0M | $271.9M | $213.6M |
| Retained earnings | -$1.33B | -$1.36B | -$1.11B | -$744.0M | -$621.3M | -$943.3M | -$793.7M | -$722.7M | -$677.8M | -$621.8M |
| Total equity | $240.4M | $176.2M | $426.8M | $749.9M | $842.4M | $430.7M | $513.9M | $576.0M | $615.9M | $626.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$87.8M | -$44.9M | -$80.7M | -$70.0M | $48.1M | -$20.1M | $31.6M | $4.8M | $26.1M | $57.5M |
| Depreciation and amortisation | $17.4M | $19.0M | $21.3M | $21.1M | $24.2M | $28.4M | $30.0M | $29.3M | $25.6M | $24.3M |
| Stock-based compensation | $9.5M | $18.5M | $23.5M | $42.4M | $55.2M | $17.7M | $23.6M | $29.3M | $27.3M | $31.3M |
| Capital expenditure | $9.9M | $16.1M | $27.2M | $20.9M | $18.8M | $13.6M | $24.0M | $40.7M | $30.9M | $16.6M |
| Investing cash flow | $109.0M | -$19.0M | $124.8M | -$308.4M | $260.6M | -$11.7M | -$24.4M | -$41.8M | -$70.7M | -$21.9M |
| Financing cash flow | -$101.7M | -$91.3M | -$106.5M | -$13.8M | $405.8M | -$19.5M | $16.2M | $14.3M | -$9.2M | -$3.9M |
| Buybacks | $15.0M | $0 | $0 | — | — | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-146294.
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