3D Systems (1DDD) Q3 2026 Earnings Report

The call was strongly optimistic, with double-digit revenue growth, growth across all four strategic markets, significant gross-margin and operating-expense improvements, positive Adjusted EBITDA and expanding production capacity. Management also highlighted successful execution in rocketry, increasing adoption of metal additive manufacturing and balance-sheet actions intended to support investment. Offsetting concerns included declines in consumer-facing markets, variable customer-order timing, a projected fourth-quarter Adjusted EBITDA range from negative $2 million to break-even, remaining non-GAAP losses and the ongoing CEO succession process. Overall, the positive operating and strategic developments significantly outweighed the stated challenges.

For the fourth quarter, management expects revenue between $100 million and $103 million, with Adjusted EBITDA between -$2 million and break-even, and said “we’ll be growing,” while remaining “reasonably conservative” on the magnitude; for the full year, results are expected to reflect “meaningful improvement in the underlying profitability of the company.” Over the next two to three years, Healthcare Solutions is expected to deliver “very solid double-digit growth going forward” and be “fairly predictable,” while Industrial Solutions is expected to have “strong double-digit growth” but “come in waves”; aerospace and defense is expected to show a “clear upward trend” on a rolling 12-month basis, although quarterly results may be “somewhat lumpier.” OPEX is expected to be “slightly higher” in Q4 and Q1, with first half OPEX “pretty indicative” of the back half of 2026.