Nano Dimension Ltd., a leader in digital manufacturing solutions, announced financial results for the first quarter ended March 31, 2026.
First Quarter 2026 Results:
- Revenue: $29.7 million, a 106% increase from $14.4 million year-over-year
- Gross Margin (“GM”): 40.8%, up from 40.6% year-over-year
- Adjusted Gross Margin (“Adjusted GM”): 45.9%, up from 43.3% year-over-year
- Adjusted EBITDA loss: $12.5 million, up from a loss of $10.1 million year-over-year
- Net Loss: $69.7 million, inclusive of $40.4 million of impairment, up from a loss of $25.5 million year-over-year
- Total cash, cash equivalents, deposits, restricted deposits and marketable equity securities: $441.6 million as of March 31, 2026, down from $459.6 million as of December 31, 2025.
Adjusted EBITDA and Adjusted Gross Margin are non-GAAP financial measures. More information, including a reconciliation of Adjusted EBITDA and Adjusted Gross Margin to the most directly comparable GAAP financial measure can be found below in this press release under “Non-GAAP Financial Measures” and “Reconciliation of US GAAP to Non-GAAP Measures.”
Recent Developments:
Three Phase Strategic Plan Execution: The Company is executing a defined three phase plan to maximize shareholder value in 2026 and beyond, with each phase already underway. Phase One is focused on streamlining operations and reducing cash burn through efficiency initiatives and disciplined cost management. Phase Two is centered on monetization of product lines to simplify the business and strengthen the balance sheet, including the announced sale of its additively manufactured electronics (“AME”) and Fabrica product lines. Phase Three is focused on evaluating strategic alternatives to maximize long term shareholder value and selecting the most compelling path forward, which remains under review.
David Stehlin, Chief Executive Officer, commented, “The three phases of our strategic plan continue to advance in parallel as we accelerate toward increasing shareholder value. We are streamlining operations, monetizing our product lines, and progressing toward potentially selecting a compelling opportunity in the coming months. We have completed the sale of our AME and Fabrica product lines and expect to announce additional product line monetization in the coming weeks. Together, these actions are expected to reduce complexity, lower annualized cash burn, and further strengthen our financial flexibility. Phase 3 is advancing quickly. After receiving numerous inbound opportunities, we have significantly narrowed our focus and are now reviewing a short list of highly attractive strategic alternatives, which we believe have the potential to deliver significant long term value creation in 2026 and beyond.”
Sale of AME and Fabrica Product Lines: On April 6, 2026, Nano Dimension announced the sale of its AME product line and its previously discontinued Fabrica product lines to Inspira Technologies OXY B.H.N. Ltd. for total consideration of up to $12.5 million, including a $2.0 million upfront cash payment and up to $10.5 million in performance-based deferred payments over the next twelve months. This transaction supports the Company’s efforts to streamline operations and lower its cost structure. The Company expects this transaction to reduce annualized cash burn by approximately $10 million.
2026 Financial Guidance Update
Given the Company’s ongoing actions under its defined strategic plan and the potential for additional changes across the business, the Company has suspended its full year 2026 financial guidance at this time.
This decision reflects the range of outcomes currently being implemented and evaluated, including the timing and scope of potential monetization actions that could materially impact future results.
