Stratasys delivered resilient second-quarter results with revenue slightly up year-over-year, driven by recurring revenue streams. The company achieved non-GAAP net income and significantly improved adjusted EBITDA, despite ongoing macroeconomic uncertainties and restrained customer capital spending. They also updated their full-year 2025 outlook.
Stratasys reported first-quarter 2025 financial results with revenue of $136.0 million, a GAAP net loss of $13.1 million, and a non-GAAP net income of $2.9 million. The company also reported $8.2 million in Adjusted EBITDA and $4.5 million in cash provided by operating activities. Subsequent to the quarter end, Stratasys added $120 million in cash from an investment by Fortissimo Capital, strengthening its balance sheet and raising its 2025 annual earnings forecast.
Stratasys reported Q4 2024 revenue of $150.4 million, a decrease from the prior year. The GAAP net loss widened to $41.9 million due to a $30.1 million non-cash impairment. However, the company achieved positive non-GAAP net income and improved adjusted EBITDA.