Home 9 3D Printing 9 Stratasys Reports Q1 Revenue as Drone Demand Lifts Direct Unit

Stratasys Reports Q1 Revenue as Drone Demand Lifts Direct Unit

by | May 8, 2026

Polymer 3D printing company posts $132.7 million in revenue and cites defense pipeline growth

MINNETONKA, MN and REHOVOT, Israel, May 8, 2026 – Stratasys has announced its Q1 FY26 results, reporting $133M in revenue – a 5.2% decrease from $140M in Q4 FY25 – with a loss of $24M.

First Quarter Financial Highlights

  • GAAP gross margin of 41.7%, compared to 44.3%.
  • GAAP operating loss of $26.5 million, compared to an operating loss of $12.4 million.
  • GAAP net loss of $23.8 million, or $0.28 per diluted share, compared to a net loss of $13.1 million, or $0.18 per diluted share.
  • Adjusted EBITDA of $2.0 million, compared to $8.2 million.
  • Balance sheet with $237.8M in cash, equivalents and short-term deposits and no debt as of March 31, 2026.
  • Cash provided by operating activities of $2.4 million, compared to $4.5 million.
  • Stratasys Direct delivered 23% year-over-year growth across industrial applications, led by drone customers.
Eight-quarter financial trends: A comparative analysis of Stratasys’ results.
Eight-quarter financial trends: A comparative analysis of Stratasys’ results.

“Our first quarter results reflect the resilience of our operating model in a measured spending environment, demonstrated by positive adjusted EBITDA and operating cash flow,” said Dr. Yoav Zeif, CEO of Stratasys. “Recurring revenue from consumables and customer support continued to provide stability, while Stratasys Direct delivered strong 23% organic growth year-over-year across a diverse range of industrial applications, led by drone customers. As we look forward, our current pipeline in high requirement applications, especially in defense, continues to build as we gain confidence in our ability to win prominent contracts in 2026 and beyond.”

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: Stratasys

About Stratasys

Stratasys Ltd. develops and manufactures 3D printing systems, materials, and software for additive manufacturing. Founded in 1989, the company provides industrial and office 3D printers, polymer materials, and parts production services. Its technologies support material extrusion, material jetting, vat photopolymerization, and powder bed fusion processes. Stratasys serves industries including aerospace, automotive, healthcare, consumer products, and industrial manufacturing. Customers include engineers, manufacturers, designers, and research organizations using additive manufacturing for prototyping and production. The company also offers software tools to manage design and printing workflows. Stratasys employs about 1,700 to 2,000 people worldwide.