Quarterly ResultAug 13, 2026, 07:28 AM
Stratasys Q2 Revenue $137.6M; GAAP Net Loss $16.9M; Reaffirms 2026 Outlook
AI Summary
Stratasys Ltd. announced its second quarter 2026 financial results, reporting revenue of $137.6 million, a slight decrease from the prior year but a 3.7% sequential increase. The company achieved record consumables revenue of $66.3 million and saw 17% growth in its Aerospace and Defense vertical. While GAAP net loss was $16.9 million and Adjusted EBITDA declined, Stratasys reaffirmed its full-year 2026 revenue outlook of $565 million to $575 million, though it modified its operating cash flow expectation to be positive only in the second half of the year. The company also highlighted its pending acquisition of MarkForged to enhance its industrial offering.
Key Highlights
- Q2 2026 revenue was $137.6 million, down from $138.1 million YoY but up 3.7% sequentially.
- Record consumables quarterly revenue reached $66.3 million.
- Aerospace and Defense revenue grew 17% year-over-year.
- GAAP net loss was $16.9 million, or ($0.19) per diluted share.
- Non-GAAP net income was $2.3 million, or $0.03 per diluted share.
- Adjusted EBITDA was $5.3 million, down from $6.1 million in the prior year period.
- Cash used in operations was $18.7 million, primarily due to atypical non-routine items.
- Reaffirms full-year 2026 revenue outlook of $565 million to $575 million.
- Modifies full-year 2026 operating cash flow outlook to not be positive for the full year, but positive for H2 2026.
Price Impact
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