3D Systems reports Q1 revenue growth, narrows losses
3D Systems Corporation (NYSE: DDD) reported first-quarter 2026 revenue of $95.5 million, representing a 1% increase year-over-year. Excluding the impact of software divestitures completed in 2025, revenue increased 11% compared to the prior year period.
The company's Healthcare Solutions segment drove growth with revenue of $50.1 million, up approximately 21% from the prior year. Within Healthcare, both Dental and Med Tech markets exceeded 20% year-over-year growth. Industrial Solutions revenue decreased 15% to $45.4 million, though increased 2% when adjusted for divestitures.
3D Systems narrowed its net loss to $4.4 million, or $0.03 per share, compared to a loss of $37.0 million, or $0.28 per share, in the first quarter of 2025. On a non-GAAP basis, the diluted loss per share was $0.01 versus $0.21 in the prior year period.
Gross profit margin improved to 35.9% from 34.6% in the prior year quarter. The company achieved positive Adjusted EBITDA of $2.1 million, compared to negative $23.9 million in the first quarter of 2025.
Operating expenses decreased to $41.0 million from $69.5 million in the prior year, reflecting cost reduction initiatives and the impact of divestitures.
For the second quarter of 2026, 3D Systems projects revenue between $93 million and $95 million, with Adjusted EBITDA expected to range from negative $4 million to negative $2 million.
At March 31, 2026, the company held $85.1 million in cash and cash equivalents. The company has $3.9 million in debt maturing in the fourth quarter of 2026, with the remaining $92.0 million maturing in 2030.
The information is based on the company's press release statement.
