NNDM

MKT CAP:$376M

Nano Dimension Ltd.

Market Cap

$376M

Technology·Computer Hardware·🇮🇱 Israel·NASDAQ

Technology·Computer Hardware·🇮🇱·NASDAQ

Stock Price

$1.79+$0.23 (+14.74%)

Apr 24, 2026

Company Details

Nano Dimension Ltd., together with its subsidiaries, provides additive electronics in Israel and internationally. The company's flagship product is DragonFly IV system that serves cross-industry High-Performance-Electronic-Devices' fabricat...

CEO

David S. Stehlin

IPO Date

Mar 7, 2016

Website

www.nano-di.com

Key Metrics TTM

Revenue

$70M

+563.1% YoY

Net Income

-$255M

EPS (Diluted)

-$1.02

Free Cash Flow

-$88M

Revenue / Share

$0.32

Gross Margin

40.4%

Operating Margin

-128.1%

Net Margin

-366.7%

FCF Margin

-126.2%

P/S

5.4x

P/E

—

Earnings Reports

Q1 2026

May 14, 2026

PENDING

FY 2025

Mar 31, 2026

$102MEPS -$1.37

Q4 2025

Mar 31, 2026

$35MEPS -$0.16

Q3 2023

Nov 28, 2023

$12M+21.6%EPS -$0.26

FY 2022

Mar 30, 2023

$44M+315.8%EPS -$0.88

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 19	$2M	$378.0K	-$4M
Q2 19	$1M	$127.0K	-$5M
Q3 19	$2M	$826.0K	-$3M
Q4 19	$2M	$655.0K	-$3M
Q1 20	$702.0K	$94.0K	-$3M
Q2 20	$288.0K	-$79.0K	-$4M
Q3 20	$438.0K	-$56.0K	-$20M
Q4 20	$2M	$1M	-$9M
Q1 21	$811.0K	$262.0K	-$10M
Q2 21	$811.0K	$185.0K	-$20M
Q3 21	$1M	$363.0K	-$25M
Q4 21	$8M	$312.0K	-$29M
Q3 22	$10M	$2M	-$34M
Q4 22	$12M	$8M	-$32M
Q3 23	$12M	$5M	-$36M
Q4 25	$35M	$13M	$13M

Valuation

Quarter	P/S	P/E
Q1 19	207.6x	—
Q2 19	3.3x	—
Q3 19	2.5x	—
Q4 19	1.4x	—
Q1 20	36.0x	—
Q2 20	77.5x	—
Q3 20	88.4x	—
Q4 20	412.5x	—
Q1 21	436.0x	—
Q2 21	597.9x	—
Q3 21	318.7x	—
Q4 21	98.5x	—
Q3 22	31.8x	—
Q4 22	20.0x	—
Q3 23	13.1x	—
Q4 25	5.0x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 19	$5.0K	$5.0K
Q2 19	$0	$0
Q3 19	$0	$0
Q4 19	-$4M	-$3M
Q1 20	$0	$0
Q2 20	$0	$0
Q3 20	$0	$0
Q4 20	-$13M	-$13M
Q1 21	-$5M	-$292M
Q2 21	-$12M	-$12M
Q3 21	-$11M	-$12M
Q4 21	-$15M	-$438M
Q3 22	-$22M	-$24M
Q4 22	-$26M	-$30M
Q3 23	-$20M	-$23M
Q4 25	-$11M	-$11M

Capital Expenditures

Quarter	CapEx
Q1 19	$0
Q2 19	$0
Q3 19	$0
Q4 19	$838.3K
Q1 20	$0
Q2 20	$0
Q3 20	$0
Q4 20	$0
Q1 21	$287M
Q2 21	$416.0K
Q3 21	$1M
Q4 21	$424M
Q3 22	$2M
Q4 22	$3M
Q3 23	$3M
Q4 25	$395.6K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 19	+166.0%	+13.6%
Q2 19	+6.7%	+24.1%
Q3 19	+34.2%	+4.7%
Q4 19	+16.0%	-7.0%
Q1 20	-58.4%	-22.8%
Q2 20	-75.2%	-30.3%
Q3 20	-80.5%	+268.6%
Q4 20	-0.3%	+105.6%
Q1 21	+15.5%	+150.2%
Q2 21	+181.6%	+404.1%
Q3 21	+205.9%	+27.1%
Q4 21	+282.1%	+247.3%
Q3 22	+1132.8%	+320.4%
Q4 22	+1392.5%	+114.2%
Q3 23	+807.3%	+86.2%
Q4 25	+368.9%	-38.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 19	$0	0.0%
Q2 19	$193.0K	16.6%
Q3 19	$0	0.0%
Q4 19	$445.0K	22.5%
Q1 20	$0	0.0%
Q2 20	$945.0K	328.1%
Q3 20	$16M	3619.2%
Q4 20	$4M	188.3%
Q1 21	$3M	423.6%
Q2 21	$8M	971.9%
Q3 21	$10M	760.1%
Q4 21	$8M	109.9%
Q3 22	$7M	73.0%
Q4 22	$6M	49.0%
Q3 23	$4M	35.1%
Q4 25	$2M	5.4%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 19	$2M	$567.0K	$1M
Q2 19	$2M	$1M	$2M
Q3 19	$2M	$799.0K	$1M
Q4 19	$2M	$881.0K	$1M
Q1 20	$2M	$1M	$819.0K
Q2 20	$2M	$908.0K	$930.0K
Q3 20	$3M	$15M	$2M
Q4 20	$4M	$4M	$2M
Q1 21	$4M	$3M	$3M
Q2 21	$9M	$5M	$6M
Q3 21	$14M	$5M	$6M
Q4 21	$15M	$6M	$8M
Q3 22	$19M	$7M	$10M
Q4 22	$21M	$9M	$10M
Q3 23	$13M	$21M	$8M
Q4 25	$2M	$20M	$10M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$788M	$460M	$1.2B
Q2 22	$706M	$532M	$1.2B
Q3 22	$370M	$650M	$1.0B
Q4 22	$685M	$347M	$1.0B
Q1 23	$412M	$574M	$986M
Q2 23	$455M	$500M	$954M
Q3 23	$489M	$383M	$873M
Q4 23	$310M	$542M	$852M
Q1 24	$252M	$541M	$793M
Q2 24	$232M	$532M	$764M
Q3 24	$214M	$547M	$761M
Q4 24	$317M	$441M	$758M
Q1 25	$487M	$257M	$745M
Q2 25	$185M	$254M	$438M
Q3 25	$299M	$214M	$514M
Q4 25	$205M	$84M	$289M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 19	148M	+52.8%	+79.0%
Q2 19	178M	+20.9%	+84.8%
Q3 19	4M	-97.6%	-95.5%
Q4 19	57M	+1212.4%	-41.5%
Q1 20	190M	+236.9%	+29.1%
Q2 20	190M	0.0%	+6.7%
Q3 20	190M	0.0%	+4321.8%
Q4 20	172M	-9.7%	+204.3%
Q1 21	18	-100.0%	-100.0%
Q2 21	272M	+1511333233.3%	+42.8%
Q3 21	261M	-4.2%	+36.8%
Q4 21	257M	-1.2%	+49.6%
Q3 22	257M	-0.0%	+1430149900.0%
Q4 22	258M	+0.1%	-5.2%
Q3 23	256M	-0.6%	-1.7%
Q4 25	216M	-15.8%	-16.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 19	$26.0K	65
Q2 19	$17.9K	65
Q3 19	$34.5K	65
Q4 19	$22.2K	89
Q1 20	$7.9K	89
Q2 20	$3.2K	89
Q3 20	$4.9K	89
Q4 20	$21.7K	91
Q1 21	$8.9K	91
Q2 21	$8.9K	91
Q3 21	$14.7K	91
Q4 21	$22.3K	338
Q3 22	$29.6K	338
Q4 22	$35.8K	338
Q3 23	$36.0K	338
Q4 25	$73.9K	478

Revenue / Employee