Stratasys reported $142.6 million in third-quarter 2026 revenue, up 4.1% from $137.0 million a year earlier and up 3.6% sequentially from $137.6 million in Q2. Aerospace and defense, the company’s largest business, grew more than 35% year over year and about 25% sequentially. Systems revenue rose roughly 12% to $35.9 million from $32.1 million.
| Metric | Q3 2026 | Q3 2025 |
|---|---|---|
| Revenue | $142.6M | $137.0M |
| GAAP net loss | $10.2M (-$0.12/share) | $55.6M (-$0.65/share) |
| Non-GAAP net income | $3.5M ($0.04/share) | $1.5M ($0.02/share) |
| Adjusted EBITDA | $8.0M | $5.0M |
| Operating cash flow | $3.5M | $6.9M |
The year-ago GAAP net loss included a $33.9 million non-cash impairment tied to the company’s Ultimaker investment, which is why this quarter’s loss looks smaller despite only modest revenue growth. Stratasys ended the quarter with $210.7 million in cash and short-term deposits and no debt.
Despite the quarter’s revenue growth, Stratasys cut its full-year outlook. It now expects 2026 revenue of $556 million to $561 million, down from a prior range of $565 million to $575 million, citing “longer and more variable timelines for large, production-focused awards,” in CEO Yoav Zeif’s words. Full-year adjusted EBITDA guidance dropped to $24 million-$26 million from $25 million-$30 million, and non-GAAP operating margin guidance narrowed to 0.6%-0.9% from 0.7%-1.5%. Capital expenditures are guided at $15 million to $20 million.
The company did not break out revenue by region or disclose unit shipment figures for the quarter.