EarningsQ2 2026 Earnings Report
MX:SSYSN Q2 2026 EPS Results
Actual EPS$0.54
Consensus EPS$0.14
Beat/MissBeat by +$0.40
One Year Ago EPS$0.54
MX:SSYSN Q2 2026 Revenue Results
Actual Revenue$2.48B
Expected Revenue$2.49B
Beat/MissMissed by -$15.70M
YoY Revenue Growth-0.35%
Earnings Announcement Details
QuarterQ2 2026
Date08/13/2026
TimeBefore Open
Conference CallThursday, August 13, 2026
MX:SSYSN Upcoming Earnings
Stratasys's next earnings date is estimated for November 12, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:SSYSN Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
Balanced: the call highlighted substantial progress in recurring consumables, strong aerospace & defense momentum, Stratasys Direct growth, strategic customer wins, and a value-accretive acquisition (MarkForged). However, material weaknesses remain — system revenue declined, operating cash flow was negative this quarter (and full-year operating cash flow is no longer expected to be positive), currency and legal costs pressured results, and non-GAAP operating income was minimal. The positives show meaningful strategic progress, but the cash flow and system-sales challenges temper the near-term outlook.Company Guidance
Record Consumables Revenue and Recurring Revenue Momentum
Consumables reached a quarterly record of $66.3M (up from $64.2M YoY), demonstrating higher system utilization and a stronger recurring revenue base driven by manufacturing materials.
Sequential Revenue Growth
Total consolidated revenue was $137.6M, up 3.7% sequentially from $132.7M (roughly flat YoY vs $138.1M), with management expecting sequential growth across all four quarters of 2026.
Strength in Aerospace & Defense
Aerospace & Defense grew ~17% YoY and is cited as the company's largest business; expanded adoption by the U.S. Air Force and multiple F900 system investments are driving recurring, program-level demand.
Stratasys Direct (Service) Growth
Stratasys Direct parts manufacturing delivered 12.1% YoY growth and service revenue totaled $44.9M (up from $43.3M YoY), reinforcing traction for production-part offerings.
Strategic Customer Wins and Partnerships
Notable multiunit/multiyear orders included Quickparts (12 Neo 800-plus units, in addition to existing units), FAW Group agreement (12 F900 systems by year-end, 2 shipped in Q2), FANUC adoption of industrial solutions, and a $7.8M America Makes program for F900/F3300 development.
Acquisition to Augment Product and Market Reach
Pending acquisition of MarkForged for $42.5M cash; legacy MarkForged generated ~ $70M revenue in 2025. Management expects rapid synergies, expanded carbon-fiber and software capabilities, and positive contribution to EBITDA within the first year after close.
Operational Discipline and Expense Management
GAAP operating expenses decreased to $71.7M from $76.1M YoY (-5.8%), and non-GAAP operating expenses were $64.8M (47.1% of revenue), roughly flat YoY, reflecting continued cost control. GAAP operating loss improved to $13.5M from a $16.6M loss YoY.
Improving Adjusted EBITDA and Non-GAAP Profitability
Adjusted EBITDA was $5.3M (up from $2.0M in Q1 2026) and non-GAAP net income was $2.3M ($0.03 per diluted share), slightly above last year's $2.2M, indicating modest underlying profitability when excluding certain items.
New Americas Headquarters and Political Support
Opened a 200,000 sq. ft. Americas Regional Corporate Headquarters (ARCH) to consolidate R&D, engineering, Stratasys Direct and customer collaboration; received bipartisan congressional support at the opening.
MX:SSYSN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed