3D Systems Corporation announced its financial results for the third quarter ended September 30, 2026.
- Q3 2026 revenue of $99.3 million, up 9% year-over-year, and up 11% excluding software divestitures, driven by double-digit growth in new printer and parts manufacturing sales and strong dental materials revenue.
- Net loss was $33.5 million for the quarter, while Adjusted EBITDA improved to $3.1 million, reflecting the benefits of prior cost reduction initiatives, higher sales volumes, and improved operating leverage in the quarter.
- Healthcare revenue increased 14% year-over-year, driven by continued growth in personalized healthcare solutions, and more than 20% growth in both healthcare parts manufacturing and dental materials sales.
- Industrial revenue increased 4% year-over year, or 8% excluding software divestitures, driven by strong growth in Data Center Infrastructure and more than 50% growth in Aerospace & Defense, partially offset by declines in consumer-facing markets.
- Our four strategic markets delivered strong double-digit growth through the first three quarters of 2026, advancing our strategy to accelerate growth in Med Tech, Dental, Aerospace & Defense and Data Center Infrastructure.
Summary Comments on Results
Dr. Jeffrey Graves, President and Chief Executive Officer of 3D Systems, said, “We are pleased with our third-quarter and year-to-date performance. Revenue growth accelerated, Adjusted EBITDA turned positive for the quarter and the year-to-date period, and our four strategic markets, Med Tech, Dental, Aerospace & Defense, and Data Center Infrastructure, continued to deliver strong double-digit growth. These results reflect the progress we have made executing a focused strategy: concentrating resources on high-value production applications, refreshing our product portfolio, and expanding our metal parts manufacturing capability. Customers in these markets are increasingly adopting 3D printing as a core manufacturing technology, and the combination of design flexibility and production economics is enabling higher-performance components and systems to move into full production.”
Dr. Graves concluded, “As the additive manufacturing industry begins to emerge from a multi-year downturn, the consistent investments we have made in technology, application expertise, and production capacity during this challenging period have positioned the Company to benefit from the recovery. While the broader economic and geopolitical environment remains volatile, capital investment in our priority markets is now strengthening, and we are well positioned to support the resulting increase in demand for manufacturing capacity. I am confident in the foundation we have built and in the Company’s ability to deliver profitable growth in the years ahead.”
"Our positive third-quarter results demonstrate continued progress against the priorities we established over the past two years,” said Phyllis Nordstrom, Chief Financial Officer of 3D Systems. “We delivered strong revenue growth while maintaining effective cost management, resulting in positive Adjusted EBITDA year-to-date. At the same time, we are steadily reshaping our business around our four strategic markets through the first three quarters of the year. Our year-to-date performance gives us confidence that our strategy is gaining traction and creating a stronger foundation for profitable growth."
Third Quarter 2026 Results
Total revenue increased 8.8% to $99.3 million compared to the prior year period. Excluding the impact of software divestitures completed in 2025, including 3DXpert and Oqton, total revenue increased by 10.9%.
Healthcare Solutions revenue increased approximately 14.4% to $49.0 million compared to the prior year period. Revenue growth was primarily driven by higher dental material sales and increased parts manufacturing volumes.
Industrial Solutions revenue increased approximately 3.9% to $50.3 million compared to the prior year period, or increased7.7% excluding the impact of software divestitures, primarily driven by higher printer and parts manufacturing sales.
Gross profit margin increased to 35.0% compared to 32.3% in the prior year period. Non-GAAP gross profit margin increased to 35.5% compared to 32.5% in the prior year period. Adjusting for software divestitures, non-GAAP gross profit margin increased by 420 basis points. Non-GAAP gross profit margin benefited from higher sales volumes in printers and parts manufacturing, product gross profit margin expansion, and the non-recurrence of certain prior-year costs associated with a non-core site closure and a Reg Med accounting adjustment.
Net loss attributable to 3D Systems Corporation increased by $15.5 million to $33.5 million, compared to the prior year period. The increase was primarily the result of litigation expense, an asset impairment charge, an unfavorable foreign exchange impact, and an unfavorable year-over-year change in income taxes.
Adjusted EBITDA improved by $13.9 million, to $3.1 million compared to the prior year period, driven primarily by the impact of prior cost reduction initiatives, higher sales volumes in the quarter, and improved operating leverage in the quarter. Excluding the impact of software divestitures, Adjusted EBITDA improved $13.1 million.
Financial Liquidity
At September 30, 2026, the Company had total cash and investments of $120.5 million, which included cash, cash equivalents and restricted cash of $91.8 million, short-term investments of $27.1 million, and long-term investments of $1.6 million. A total of $3.9 million in principal amount of debt is scheduled to mature in the fourth quarter of 2026, with the remaining $92.0 million principal maturing in 2030.
Fourth Quarter 2026 Outlook
Revenue: $100 - $103 million
Adjusted EBITDA: ($2) million - $0 million
The fourth-quarter outlook reflects continued positive momentum across the Company’s four strategic markets, while incorporating normal variability in customer program and investment cycles and more evenly distributed purchasing patterns we observed throughout the year. At the midpoint of our fourth-quarter outlook, the Company expects full year revenue growth approaching mid-single digits for 2026.
3D Systems does not provide forward-looking guidance for certain measures on a GAAP basis. The Company is unable to provide a quantitative reconciliation of forward-looking Adjusted EBITDA to the most directly comparable forward-looking GAAP measures without unreasonable effort because certain items, including litigation expenses, acquisition expenses, stock-based compensation expense, intangible amortization expense, restructuring expenses, and goodwill impairment, are difficult to predict and estimate. These items are inherently uncertain and depend on various factors, many of which are beyond the Company’s control, and as such, any associated estimate and its impact on GAAP performance could vary materially.
Third Quarter 2026 Conference Call and Webcast
The Company will host a conference call and simultaneous webcast to discuss these results on November 5, 2026, which may be accessed as follows:
Date: Thursday, November 5, 2026
Time: 8:30 a.m. Eastern Time
Listen via webcast: www.3dsystems.com/investor
Participate via telephone: 201-689-8345 or 877-407-8291
A replay of the webcast will be available approximately two hours after the live presentation at www.3dsystems.com/investor.
