$DDD
3D SYSTEMS CORP
CIK:0000910638|SEC Filings
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Revenue: | ||||
| Total revenue | $ 94,579 | $ 94,838 | $ 190,117 | $ 189,378 |
| Cost of sales: | ||||
| Total cost of sales | 60,117 | 58,688 | 121,312 | 120,539 |
| Gross profit | 34,462 | 36,150 | 68,805 | 68,839 |
| Operating expenses: | ||||
| Selling, general and administrative | 35,135 | 34,139 | 66,483 | 83,908 |
| Research and development | 9,972 | 17,361 | 19,607 | 37,044 |
| Total operating expenses | 45,107 | 51,500 | 86,090 | 120,952 |
| Loss from operations | (10,645) | (15,350) | (17,285) | (52,113) |
| Non-operating (loss) income: | ||||
| Foreign exchange gain (loss), net | 1,464 | (1,591) | 4,102 | (452) |
| Interest income | 575 | 1,717 | 1,159 | 2,670 |
| Interest expense | (2,155) | (697) | (4,319) | (1,278) |
| Gain on disposition | 0 | 125,681 | 0 | 125,681 |
| Other (loss) income, net | (839) | 7,020 | 2,689 | 6,860 |
| Total non-operating (loss) income | (955) | 132,130 | 3,631 | 133,481 |
| Net (loss) income before income taxes | (11,600) | 116,780 | (13,654) | 81,368 |
| Provision for income taxes | (354) | (11,018) | (1,837) | (11,689) |
| Loss on equity method investments, net of income taxes | (907) | (1,326) | (1,953) | (2,229) |
| Net (loss) income before redeemable non-controlling interest | (12,861) | 104,436 | (17,444) | 67,450 |
| Less: net loss attributable to redeemable non-controlling interest | 0 | 0 | (159) | 0 |
| Net (loss) income attributable to 3D Systems Corporation | $ (12,861) | $ 104,436 | $ (17,285) | $ 67,450 |
| Net (loss) income per common share: | ||||
| Basic (in dollars per share) | $ (0.09) | $ 0.79 | $ (0.12) | $ 0.51 |
| Diluted (in dollars per share) | $ (0.09) | $ 0.57 | $ (0.12) | $ 0.37 |
| Weighted average shares outstanding: | ||||
| Basic (in shares) | 148,968 | 132,280 | 146,130 | 132,370 |
| Diluted (in shares) | 148,968 | 182,716 | 146,130 | 183,237 |
| Products | ||||
| Revenue: | ||||
| Total revenue | $ 54,842 | $ 53,801 | $ 112,610 | $ 108,524 |
| Cost of sales: | ||||
| Total cost of sales | 35,845 | 32,274 | 71,932 | 69,639 |
| Services | ||||
| Revenue: | ||||
| Total revenue | 39,737 | 41,037 | 77,507 | 80,854 |
| Cost of sales: | ||||
| Total cost of sales | $ 24,272 | $ 26,414 | $ 49,380 | $ 50,900 |
Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 127,951 | $ 95,635 |
| Accounts receivable, net of reserves — $5,719 and $3,608 | 80,174 | 83,806 |
| Inventories | 121,847 | 127,496 |
| Prepaid expenses and other current assets | 35,639 | 39,770 |
| Total current assets | 365,611 | 346,707 |
| Property and equipment, net | 49,697 | 49,249 |
| Intangible assets, net | 15,646 | 16,614 |
| Goodwill | 15,404 | 15,575 |
| Operating lease right-of-use assets | 41,170 | 45,364 |
| Finance lease right-of-use assets | 7,160 | 7,774 |
| Long-term deferred income tax assets | 2,443 | 2,787 |
| Other assets | 38,113 | 37,658 |
| Total assets | 535,244 | 521,728 |
| Current liabilities: | ||
| Current portion of long-term debt, net of deferred financing costs | 3,944 | 3,944 |
| Current operating lease liabilities | 9,266 | 11,583 |
| Accounts payable | 32,425 | 41,017 |
| Accrued and other liabilities | 39,781 | 46,656 |
| Customer deposits and deferred revenue | 22,182 | 17,423 |
| Total current liabilities | 107,598 | 120,623 |
| Long-term debt, net of deferred financing costs | 87,240 | 86,394 |
| Long-term operating lease liabilities | 41,238 | 45,420 |
| Long-term deferred income tax liabilities | 2,818 | 2,740 |
| Other liabilities | 22,787 | 24,000 |
| Total liabilities | 261,681 | 279,177 |
| Commitments and contingencies (Note 12) | ||
| Redeemable non-controlling interest | 0 | 2,193 |
| Stockholders’ equity: | ||
| Preferred stock, 5,000 shares authorized; $0.001 par value; no shares issued and outstanding as of June 30, 2026 and December 31, 2025 | 0 | 0 |
| Common stock, $0.001 par value, authorized 220,000 shares; shares issued 166,149 and 145,581 as of June 30, 2026 and December 31, 2025, respectively | 166 | 146 |
| Additional paid-in capital | 1,677,775 | 1,620,399 |
| Accumulated deficit | (1,349,645) | (1,332,360) |
| Accumulated other comprehensive loss | (54,733) | (47,827) |
| Total stockholders’ equity | 273,563 | 240,358 |
| Total liabilities, redeemable non-controlling interest and stockholders’ equity | $ 535,244 | $ 521,728 |