NNDM (NNDM) financial statements
NNDM reported revenue of $102M in fiscal 2025, up 162.1% a year over 8 years.
Net income was -$293M.
Free cash flow was -$71M.
The diluted share count rose 26365% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from NNDM's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $46,000 | $829,000 | $5M | — | — | $44M | $56M | $58M | $102M |
| Cost of revenue | $193,000 | $1M | $4M | — | — | $28M | $30M | $33M | $68M |
| Gross profit | -$147,000 | -$323,000 | $734,000 | — | — | $15M | $26M | $25M | $34M |
| Research and development | $4M | $11M | $9M | — | — | $72M | $65M | $40M | $30M |
| Selling, general and admin | $4M | $3M | $3M | $3M | $20M | $73M | $90M | $74M | $95M |
| Operating income | — | — | — | — | — | -$171M | -$129M | -$90M | -$140M |
| Interest expense | $143,000 | $917,000 | $392,000 | — | — | — | $367,000 | $668,000 | $111,000 |
| Pre-tax income | — | — | — | — | — | -$230M | -$57M | -$99M | -$108M |
| Income tax | — | — | — | — | — | $264,000 | $62,000 | $397,000 | -$7M |
| Net income | -$9M | -$18M | -$15M | -$8M | -$48M | -$229M | -$56M | -$99M | -$293M |
| EPS (diluted) | — | — | — | — | — | -$0.89 | -$0.23 | -$0.45 | -$1.36 |
| Diluted shares | 1M | 1M | 2M | — | — | 258M | 248M | 218M | 216M |
| Gross margin | -319.6% | -39.0% | 14.4% | — | — | 35.0% | 46.3% | 43.1% | 33.5% |
| Operating margin | — | — | — | — | — | -392.5% | -229.6% | -155.1% | -137.0% |
| Net margin | -19513.0% | -2111.3% | -303.7% | — | — | -525.0% | -99.4% | -171.1% | -286.3% |
Balance sheet
Fiscal years, from NNDM's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $12M | $6M | $4M | — | — | $686M | $310M | $317M | $205M |
| Receivables | $39,000 | $94,000 | $1M | — | — | — | $13M | $9M | $26M |
| Inventory | — | $2M | $3M | — | — | — | $18M | $17M | $33M |
| Total current assets | $13M | $9M | $9M | — | — | — | $894M | $789M | $526M |
| Property, plant and equipment | $2M | $5M | $5M | — | — | — | $17M | $14M | $25M |
| Goodwill | — | — | — | — | — | — | — | $0 | $40M |
| Total assets | $22M | $21M | $20M | — | — | — | $1.1B | $903M | $638M |
| Total current liabilities | $2M | $2M | $4M | — | — | — | $33M | $30M | $52M |
| Total liabilities | $3M | $3M | $5M | — | — | — | $46M | $42M | $86M |
| Shareholders' equity | $19M | $18M | $16M | — | — | $1.2B | $1.0B | $860M | $552M |
| Net debt | -$12M | -$6M | -$4M | — | — | -$686M | -$310M | -$317M | -$205M |
Cash flow
Fiscal years, from NNDM's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | — | — | — | — | — | -$79M | -$69M | -$19M | -$70M |
| Capital spending | $5M | $4M | $1M | — | — | $9M | $9M | $2M | $1M |
| Free cash flow | — | — | — | — | — | -$88M | -$78M | -$21M | -$71M |
| Stock-based compensation | $2M | $2M | $402,000 | — | — | $31M | $22M | $16M | $6M |
| Share buybacks (net) | — | — | — | — | — | — | -$96M | -$70M | — |
| Net borrowing | — | — | — | — | — | -$406,000 | -$536,000 | -$180,000 | -$149,000 |
| Free cash flow margin | — | — | — | — | — | -202.5% | -138.1% | -36.6% | -69.6% |
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Open NNDM in InvestinglyQuestions
What was NNDM's revenue in 2025?
$102M in fiscal 2025, from its 10-K filing.
How much free cash flow does NNDM generate?
-$71M in fiscal 2025 (operating cash flow minus capital spending).
From NNDM's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.