Quick Summary
• Stratasys (Nasdaq: SSYS) started 2026 with lower revenue and a larger loss as customers continued to slow down spending on new 3D printers. Still, the company pointed to stable recurring...
Additional Context
Stratasys (Nasdaq: SSYS) started 2026 with lower revenue and a larger loss as customers continued to slow down spending on new 3D printers. Still, the company pointed to stable recurring revenue from materials and customer support, along with continued growth at Stratasys Direct, its parts manufacturing business. During the quarter, Stratasys also focused more on aerospace, defense, dental, and production-focused applications, while keeping its full-year 2026 guidance unchanged.
First-quarter revenue totaled $132.7 million, down from $136 million a year earlier. Product revenue dropped to $88.8 million from $93.8 million, while system revenue fell to $28.8 million from $31.2 million. Consumables revenue was also lower at $60 million, compared with $62.6 million last year. Service revenue,