DDD
3D Systems Corporation1.9100
-0.0400-2.05%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
245.89MP/E (TTM)
47.75Basic EPS (TTM)
0.04Dividend Yield
0%Recent Filings
8-K
Q4 revenue beats sequential guidance
3D Systems posted Q4 revenue of $106.3 million, down 4% year-over-year but up 16% sequentially on printer ramps and materials; Healthcare Solutions surged 25% to $50.5 million. Cost cuts delivered $55 million in annualized savings, swinging full-year net income to $29.9 million from a $255.6 million loss, fueled by $139.6 million disposition gains. Debt slashed via equity deal. Q1 outlook: $91-94 million revenue.
10-K
FY2025 results
3D Systems' FY2025 revenue fell 12.1% to $386.9M versus FY2024, driven by 20% product volume drops in dental, service bureaus, and jewelry, yet services edged up 1.6% on healthcare parts strength; Healthcare dipped 5.3% to $179.6M while Industrial plunged 17.2% to $207.3M from divestitures. Gross margins contracted to 33.9% from 37.3%, reflecting lower volumes and sales mix shifts, with operating loss narrowing to $96.1M after slashing SG&A 23% and R&D 25% via restructuring that cut headcount to 1,418. Q4 showed no acceleration, burdened by macro headwinds. Cash sits at $95.6M against $96M debt; $139.6M divestiture gains funded $170M debt paydown. Revenue depends on two Healthcare clients at 12.2% and 11.4%. Macro trends threaten demand.
8-K
Eases 2030 Notes covenants
3D Systems entered a Second Supplemental Indenture on December 22, 2025, amending its 2030 Notes terms after paying ~$1.8 million to noteholders for consents. It slashes minimum Qualified Cash from $40 million to $20 million quarterly and deletes the Restricted Cash Account, freeing that lien. Liquidity flexes up.
8-K
Exchanges notes for shares
3D Systems swapped $30.8M of its 0% Convertible Senior Notes due 2026 for 16.6M common shares on December 16, 2025, leaving $3.9M outstanding. It also issued 695K shares to J. Wood Capital Advisors for advisory services, all unregistered under Section 4(a)(2). Debt shrinks, but equity dilutes shareholders sharply.
8-K
Exchanges $31M notes for shares
3D Systems agreed to exchange $30.8M of its 0% Convertible Senior Notes due 2026 for 16.6M shares of common stock with select holders, closing around December 16, 2025. This slashes outstanding 2026 Notes to $3.9M. Holders also consent to easing 2030 Notes covenants, halving minimum Qualified Cash to $20M and axing restricted cash rules. Debt shrinks, but shares dilute equity.