3D Systems (DDD) financial statements
3D Systems reported revenue of $387M in fiscal 2025, down 5.3% a year over 9 years.
Net income was $30M and the operating margin -24.8%, against -6.1% in 2016.
Free cash flow was -$98M, and the company returned $15M in net buybacks.
The diluted share count rose 58% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from 3D Systems's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $633M | $646M | $692M | $636M | $557M | $616M | $538M | $488M | $440M | $387M |
| Cost of revenue | $323M | $341M | $367M | $356M | $334M | $352M | $324M | $292M | $276M | $256M |
| Gross profit | $310M | $305M | $324M | $281M | $223M | $264M | $214M | $196M | $164M | $131M |
| Research and development | $88M | $95M | $95M | $83M | $74M | $69M | $87M | $89M | $86M | $65M |
| Selling, general and admin | $260M | $264M | $272M | $254M | $220M | $228M | $244M | $210M | $210M | $161M |
| Operating income | -$38M | -$54M | -$43M | -$57M | -$119M | -$33M | -$117M | -$406M | -$277M | -$96M |
| Interest expense | $1M | $919,000 | $1M | $4M | $4M | $2M | — | — | — | — |
| Pre-tax income | -$40M | -$58M | -$43M | -$65M | -$143M | $320M | -$121M | -$362M | -$250M | $50M |
| Income tax | -$547,000 | $8M | $2M | $5M | $6M | -$3M | $2M | -$641,000 | $2M | $15M |
| Net income | -$38M | -$66M | -$46M | -$70M | -$150M | $322M | -$123M | -$363M | -$256M | $30M |
| EPS (diluted) | -$0.35 | -$0.59 | -$0.41 | -$0.61 | -$1.27 | $2.55 | -$0.96 | -$2.79 | -$1.94 | $0.19 |
| Diluted shares | 111M | 112M | 112M | 114M | 118M | 126M | 128M | 130M | 132M | 176M |
| Gross margin | 48.9% | 47.2% | 46.9% | 44.1% | 40.1% | 42.8% | 39.8% | 40.2% | 37.3% | 33.9% |
| Operating margin | -6.1% | -8.4% | -6.2% | -9.0% | -21.3% | -5.4% | -21.7% | -83.2% | -63.0% | -24.8% |
| Net margin | -6.1% | -10.2% | -6.6% | -11.0% | -26.8% | 52.3% | -22.8% | -74.3% | -58.1% | 7.7% |
Balance sheet
Fiscal years, from 3D Systems's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $185M | $136M | $110M | $134M | $75M | $790M | $569M | $332M | $171M | $96M |
| Receivables | $127M | $130M | $127M | $109M | $114M | $107M | $94M | $101M | $101M | $84M |
| Inventory | $103M | $104M | $133M | $111M | $117M | $93M | $138M | $152M | $119M | $127M |
| Total current assets | $433M | $438M | $397M | $373M | $358M | $1.0B | $834M | $628M | $429M | $347M |
| Property, plant and equipment | $80M | $98M | $108M | $93M | $75M | $57M | $58M | $64M | $51M | $49M |
| Goodwill | $181M | $231M | $221M | $223M | $162M | $346M | $385M | $116M | $15M | $16M |
| Total assets | $849M | $897M | $826M | $807M | $733M | $1.5B | $1.4B | $991M | $609M | $522M |
| Total current liabilities | $130M | $207M | $164M | $163M | $176M | $178M | $152M | $147M | $139M | $121M |
| Long-term debt | — | $0 | $25M | $45M | $19M | $447M | $450M | $319M | $212M | $86M |
| Total liabilities | $214M | $272M | $241M | $293M | $302M | $707M | $695M | $562M | $431M | $279M |
| Shareholders' equity | $630M | $619M | $578M | $522M | $431M | $842M | $750M | $427M | $176M | $240M |
| Net debt | -$185M | -$136M | -$85M | -$86M | -$54M | -$343M | $61M | -$12M | $41M | -$5M |
Cash flow
Fiscal years, from 3D Systems's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $57M | $26M | $5M | $32M | -$20M | $48M | -$70M | -$81M | -$45M | -$88M |
| Capital spending | $17M | $31M | $41M | $24M | $14M | $19M | $21M | $27M | $16M | $10M |
| Free cash flow | $41M | -$5M | -$36M | $8M | -$34M | $29M | -$91M | -$108M | -$61M | -$98M |
| Stock-based compensation | $31M | $27M | $29M | $24M | $18M | $55M | $42M | $24M | $18M | $10M |
| Share buybacks (net) | — | — | — | — | — | — | — | $0 | $0 | -$15M |
| Net borrowing | $0 | $0 | $25M | $23M | -$27M | $439M | $0 | -$101M | -$87M | -$78M |
| Free cash flow margin | 6.5% | -0.7% | -5.2% | 1.2% | -6.1% | 4.8% | -16.9% | -22.1% | -13.9% | -25.3% |
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Open DDD in InvestinglyQuestions
What was 3D Systems's revenue in 2025?
$387M in fiscal 2025, from its 10-K filing.
How much free cash flow does 3D Systems generate?
-$98M in fiscal 2025 (operating cash flow minus capital spending).
From 3D Systems's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.