SSYS

MKT CAP:$742M

Stratasys Ltd.

Market Cap

$742M

Technology·Computer Hardware·🇺🇸 United States·NASDAQ

Technology·Computer Hardware·🇺🇸·NASDAQ

Stock Price

$8.79-$0.22 (-2.44%)

Apr 17, 2026

Company Details

Stratasys Ltd. provides connected polymer-based 3D printing solutions. It offers 3D printing systems, such as polyjet printers, FDM printers, stereolithography printing systems, and programmable photo polymerization printers for rapid proto...

CEO

Yoav Zeif

IPO Date

Oct 21, 1994

Website

www.stratasys.com

Key Metrics TTM

Revenue

$551M

-3.7% YoY

Net Income

-$104M

EPS (Diluted)

-$1.25

Free Cash Flow

-$8M

Revenue / Share

$6.43

Gross Margin

43.6%

Operating Margin

-11.7%

Net Margin

-18.9%

FCF Margin

-1.4%

P/S

1.3x

P/E

—

Earnings Reports

Q1 2026

May 14, 2026

PENDING

FY 2025

Mar 5, 2026

$551M-3.7%EPS -$1.28

Q4 2025

Mar 5, 2026

$140M-6.9%EPS -$0.22

Q3 2025

Nov 13, 2025

$137M-2.2%EPS -$0.65

Q2 2025

Aug 13, 2025

$138M+0.0%EPS -$0.20

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$163M	$70M	-$20M
Q2 22	$167M	$67M	-$24M
Q3 22	$162M	$71M	-$16M
Q4 22	$159M	$69M	$2M
Q1 23	$149M	$58M	-$16M
Q2 23	$160M	$66M	-$34M
Q3 23	$162M	$66M	-$43M
Q4 23	$156M	$58M	$6M
Q1 24	$144M	$64M	-$24M
Q2 24	$138M	$62M	-$24M
Q3 24	$140M	$57M	-$25M
Q4 24	$150M	$70M	-$10M
Q1 25	$136M	$60M	-$12M
Q2 25	$138M	$59M	-$17M
Q3 25	$137M	$56M	-$23M
Q4 25	$140M	$64M	-$13M

Valuation

Quarter	P/S	P/E
Q1 22	1.2x	—
Q2 22	1.1x	—
Q3 22	1.1x	—
Q4 22	1.1x	—
Q1 23	1.2x	—
Q2 23	1.2x	—
Q3 23	1.2x	—
Q4 23	1.2x	—
Q1 24	1.2x	—
Q2 24	1.2x	—
Q3 24	1.3x	—
Q4 24	1.3x	—
Q1 25	1.3x	—
Q2 25	1.3x	—
Q3 25	1.3x	—
Q4 25	1.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$16M	-$20M
Q2 22	-$23M	-$27M
Q3 22	-$18M	-$28M
Q4 22	-$18M	-$20M
Q1 23	-$18M	-$22M
Q2 23	-$23M	-$26M
Q3 23	-$13M	-$16M
Q4 23	-$8M	-$12M
Q1 24	$7M	$4M
Q2 24	-$2M	-$5M
Q3 24	-$4M	-$7M
Q4 24	$7M	$3M
Q1 25	$5M	$304.0K
Q2 25	-$1M	-$8M
Q3 25	$7M	$2M
Q4 25	$5M	-$2M

Capital Expenditures

Quarter	CapEx
Q1 22	$4M
Q2 22	$4M
Q3 22	$9M
Q4 22	$2M
Q1 23	$4M
Q2 23	$3M
Q3 23	$3M
Q4 23	$5M
Q1 24	$3M
Q2 24	$3M
Q3 24	$2M
Q4 24	$5M
Q1 25	$4M
Q2 25	$7M
Q3 25	$5M
Q4 25	$7M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+21.8%	+20.0%
Q2 22	+13.3%	+14.1%
Q3 22	+2.0%	-1.7%
Q4 22	-4.6%	-13.9%
Q1 23	-8.6%	-9.4%
Q2 23	-4.1%	+1.7%
Q3 23	-0.0%	+15.2%
Q4 23	-1.8%	-4.4%
Q1 24	-3.6%	+1.6%
Q2 24	-13.6%	-16.0%
Q3 24	-13.6%	-19.5%
Q4 24	-3.8%	+6.2%
Q1 25	-5.6%	-11.8%
Q2 25	+0.0%	-4.7%
Q3 25	-2.2%	-3.2%
Q4 25	-6.9%	-4.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$9M	5.2%
Q2 22	$9M	5.3%
Q3 22	$7M	4.6%
Q4 22	$9M	5.5%
Q1 23	$8M	5.5%
Q2 23	$8M	5.0%
Q3 23	$7M	4.6%
Q4 23	$8M	5.0%
Q1 24	$9M	6.0%
Q2 24	$7M	5.3%
Q3 24	$7M	4.7%
Q4 24	$3M	2.0%
Q1 25	$6M	4.6%
Q2 25	$6M	4.4%
Q3 25	$6M	4.1%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q1 22	$24M	—	—	$65M
Q2 22	$24M	—	—	$67M
Q3 22	$23M	—	—	$63M
Q4 22	$21M	$41M	$5M	—
Q1 23	$21M	—	—	$53M
Q2 23	$24M	—	—	$76M
Q3 23	$24M	—	—	$85M
Q4 23	$25M	$31M	$4M	—
Q1 24	$24M	—	—	$64M
Q2 24	$26M	—	—	$61M
Q3 24	$25M	—	—	$57M
Q4 24	$25M	$50M	$4M	—
Q1 25	$19M	—	—	$54M
Q2 25	$20M	—	—	$56M
Q3 25	$21M	—	—	$58M
Q4 25	—	—	—	$53M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$294M	$182M	$476M
Q2 22	$256M	$182M	$438M
Q3 22	$151M	$198M	$349M
Q4 22	$150M	$177M	$328M
Q1 23	$209M	$78M	$288M
Q2 23	$144M	$61M	$205M
Q3 23	$105M	$80M	$185M
Q4 23	$83M	$80M	$163M
Q1 24	$91M	$70M	$161M
Q2 24	$71M	$80M	$151M
Q3 24	$64M	$80M	$144M
Q4 24	$70M	$81M	$151M
Q1 25	$70M	$80M	$150M
Q2 25	$71M	$184M	$255M
Q3 25	$71M	$184M	$255M
Q4 25	$95M	$150M	$245M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	66M	+1.1%	+12.1%
Q2 22	67M	+1.3%	+2.6%
Q3 22	67M	+0.7%	+3.1%
Q4 22	67M	-0.2%	+2.9%
Q1 23	68M	+1.0%	+2.8%
Q2 23	69M	+1.6%	+3.1%
Q3 23	69M	+0.6%	+3.1%
Q4 23	69M	+0.4%	+3.7%
Q1 24	70M	+0.9%	+3.6%
Q2 24	71M	+1.1%	+3.1%
Q3 24	71M	+0.7%	+3.2%
Q4 24	71M	+0.2%	+2.9%
Q1 25	72M	+0.8%	+2.8%
Q2 25	83M	+16.0%	+18.0%
Q3 25	85M	+2.0%	+19.5%
Q4 25	86M	+0.6%	+20.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$81.7K	2K
Q2 22	$83.3K	2K
Q3 22	$81.1K	2K
Q4 22	$79.6K	2K
Q1 23	$74.7K	2K
Q2 23	$79.9K	2K
Q3 23	$81.1K	2K
Q4 23	$79.0K	2K
Q1 24	$72.8K	2K
Q2 24	$69.7K	2K
Q3 24	$70.7K	2K
Q4 24	$84.5K	2K
Q1 25	$76.5K	2K
Q2 25	$77.6K	2K
Q3 25	$77.0K	2K
Q4 25	$79.7K	2K

Revenue / Employee