3D Systems Q3: revenue up 9% to $99.3m, positive EBITDA, net loss of $33.5m

3D Systems reported third quarter 2026 revenue of $99.3 million, up 9% on the prior year and 11% when the divested software businesses are excluded. Adjusted EBITDA turned positive at $3.1 million, while the net loss widened to $33.5 million. Healthcare and aerospace and defence led the growth, and the company calls the market's recovery from a multi-year downturn the backdrop.

Context Adjusted EBITDA is a non-GAAP measure that strips out items such as stock-based compensation, amortisation, restructuring, impairments and litigation costs, which is why it can be positive while the net result is a loss.

How did the segments perform?

Healthcare Solutions revenue rose about 14.4% to $49.0 million, driven by higher dental materials sales and more parts manufacturing volume. The company cites growth above 20% in both healthcare parts manufacturing and dental materials. Industrial Solutions grew about 3.9% to $50.3 million, or 7.7% excluding software divestitures, on higher printer and parts manufacturing sales.

Within industrial, Data Center Infrastructure grew strongly and Aerospace and Defense grew by more than 50%, while consumer-facing markets declined. The company says its four strategic markets, Med Tech, Dental, Aerospace and Defense, and Data Center Infrastructure, have posted strong double-digit growth over the first three quarters.

Why is there a net loss despite positive EBITDA?

Gross margin rose to 35.0% from 32.3%, and the non-GAAP margin reached 35.5% from 32.5%. The company credits higher printer and parts volumes, product margin gains and the absence of some prior-year costs. Adjusted EBITDA improved by $13.9 million to $3.1 million.

The net loss attributable to the company grew by $15.5 million to $33.5 million. The company names litigation expense, an asset impairment charge, unfavourable foreign exchange and a worse tax result as the main causes.

What are the liquidity and outlook?

At 30 September 2026 the company held $120.5 million in cash and investments. Of its debt, $3.9 million matures in the fourth quarter of 2026 and $92.0 million in 2030.

For the fourth quarter, 3D Systems expects revenue of $100 to $103 million and Adjusted EBITDA between minus $2 million and zero. At the midpoint, full-year revenue growth would approach mid-single digits. The software divestitures covered Geomagic in April 2025 and 3DXpert and Oqton in October 2025, which affects year-on-year comparisons.

What it means

The report fits a pattern of AM vendors narrowing their focus to dental, medical, aerospace and defence, where production volumes and qualified processes exist. For manufacturers adopting AM, this signals that vendor roadmaps and service capacity are concentrating in those sectors, which can mean better support there and less attention for others. A positive adjusted EBITDA alongside a $33.5 million net loss is also a reminder to check a supplier's financial stability, especially for long-lived production programmes. It continues the earlier AddiWire summary of these results.

Frequently asked questions

How much revenue did 3D Systems report for Q3 2026?

Revenue was $99.3 million, up 8.8% year-over-year, or 10.9% excluding the 2025 software divestitures of Geomagic, 3DXpert and Oqton.

Which segments grew fastest?

Healthcare revenue rose 14.4% to $49.0 million, with dental materials and healthcare parts manufacturing each above 20%. Within industrial, Aerospace and Defense grew by more than 50%.

What does 3D Systems expect for Q4 2026?

The company guides revenue of $100 to $103 million and Adjusted EBITDA between minus $2 million and zero.