3D Systems Reports Q4 Revenue of $106.3M, Exceeding Expectations
Reports Q4 revenue $106.3M, consensus $97.99M. Jeffrey Graves, President and CEO of 3D Systems said, "We are pleased with our fourth quarter performance, which exceeded our expectations driven by both our Healthcare and Industrial segments. Three markets were particularly noteworthy: med tech, dental, and aerospace and defense, which are rapidly adopting 3D printing as a core manufacturing method. These three markets have been a particular focus for our new product development over the last several years, and we believe offer sustained, growth opportunities over the next decade. Within med tech, our personalized health services business delivered strong double-digit year-over-year growth in the fourth quarter and for the full 2025 fiscal year, and has become the largest segment within our healthcare business. This growth is being fueled by our expansion into the trauma market, enabled by shorter cycle times for surgical planning and execution. In addition, our point-of-care centers, now expanding to even more leading research hospitals, are at the cutting edge of complex orthopedic procedures, in many cases related to oncology treatment. Our ability to offer solutions printed in titanium or medical-grade PEEK is of significant value to surgeons as they work to treat patients and restore their quality of life. Our dental business grew at a strong double-digit rate sequentially, driven by a recovery in the aligner market, as well as the launch of our new denture manufacturing technology. 2026 promises to be a year of continued growth based upon early feedback from dental labs across the US. In our core aerospace and defense business, we achieved our target of 15% revenue growth for the full year, delivering 16% growth, and are tracking well to our expectation of 20% annual revenue growth in 2026. From a mix standpoint, we reported stronger than expected printer sales in the quarter, which weighed on gross margins, but bodes well for future sales of consumables and services as these printers become operational."
