ROCK HILL, SC, May 14, 2025 – 3D Systems has announced its Q1 FY25 results, reporting $94.5M in revenue – a 14.9% decrease from $111M in Q4 FY24 – with a loss of $37M.
First Quarter Financial Highlights
- Healthcare Solutions revenue dropped 9% to $41.3 million, while Industrial Solutions revenue decreased 7% to $53.2 million.
- Cost savings initiatives on track, with the previously announced $50 million program progressing toward completion by mid-2026.
- Strong balance sheet with $250 million in cash, bolstered by the April sale of the Geomagic software portfolio, which added over $100 million post-tax.
- New hardware and service growth partially offset revenue decline, positioning the company for recovery when customer spending improves.
Caption: Eight-quarter financial trends: A comparative analysis of 3D Systems’ results.
Dr. Jeffrey Graves, president and CEO of 3D Systems said, “Our first quarter revenues reflect a continuation of challenging top-line pressures as many customers are delaying their capital investments in order to get greater clarity around potential tariff impacts on their manufacturing and distribution strategies. This is in addition to the ongoing geopolitical and broader macroeconomic uncertainty that we have been experiencing for some time. We believe that these factors led to a noticeable dampening of our customers’ near-term capital spending, particularly in consumer-facing and service bureau related end markets. While we were pleased to see this growth in new printer sales for the second straight quarter, the rate was clearly impacted by these capital spending delays.”
“Encouragingly, this growth in printer sales was driven predominantly by our newest hardware systems, as our strengthened technology portfolio delivered strategic wins for all three of our metal printing platforms, and steady growth broadly in Aerospace and Defense markets. These wins bode well for the future, particularly in the high-reliability Healthcare and Industrial markets, which include Aerospace and Defense, and AI infrastructure, areas that have been an increasing focus for us for some time. These trends were true not only in our US markets, but also in Europe, Asia and the Middle East. With regard to materials sales, the decline we experienced was primarily related to short-term inventory management in the dental orthodontics market. More broadly within our Healthcare segment, we delivered impressive results in spite of the broader economy, with 17% growth in our Personalized Healthcare business, and 18% in our manufacturing operations for FDA-approved parts – both crucial elements of our growth strategy moving forward.”
A detailed chart outlining the financial results is available here, providing a comprehensive breakdown of key metrics and performance indicators for better insight into the company’s financial standing.
Source: 3D Systems
About 3D Systems
3D Systems was founded in 1986 by Charles “Chuck” Hull, the inventor of stereolithography (SLA) and the first commercial 3D printer, the SLA-1. Based in Rock Hill, SC, the company has played a central role in the development of additive manufacturing technologies. Today, 3D Systems provides a range of 3D printing solutions that include hardware, software, and materials. Its offerings support a wide variety of industries – such as aerospace, automotive, healthcare, dental, and consumer goods – enabling workflows that range from early-stage prototyping to full-scale production. Its infrastructure spans offices, manufacturing facilities, and Customer Innovation Centers designed to support integration of 3D printing into industrial and commercial operations. Over the decades, 3D Systems has evolved from a technology originator into a solutions provider, focusing on application-specific capabilities across sectors including medical and dental, aerospace and defense, transportation, AI infrastructure, and industrial goods. Its engineering teams focus on improving manufacturing outcomes using additive technologies.