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Stratasys Ltd.

stratasys.com

How Do They Make Money?

Customers pay for systems and consumables when goods ship or are delivered. Warranty and direct-manufacturing parts services are paid for over the service period or as the work is performed.

revenue
SegmentShareRevenue
Products
Sold outright

69%
FY2022: 69%
Services
Mix

31%
FY2022: 31%

Who Are Their Customers?

Customers include companies, small businesses, professionals and individuals across industries. They buy systems and related consumables directly or through resellers; system owners can also buy consumables, software and spare parts through the online hub.

Do Revenues Turn Into Profits?

No. It lost $104.3M in FY2025.

Operating income, FY2025
−13% of revenue
▼ −15% (Loss) vs FY2024 (−$85.7M, −15%)
Net income, FY2025
−19% of revenue
Free cash flow, FY2025
−1% of revenue
▲ +129% (Loss) vs FY2024 (−$3M, −1%)

How Are They Changing?

Shrinking. Revenue fell 9% in 4 years, from $607.2M in FY2021 to $551.1M in FY2025, about 2% a year.

Expanded materials and printer offerings The older report described a planned purchase of Covestro’s additive-manufacturing materials business; the latest says it was completed and adds materials assets and high-speed resin printers.

Revenue over time
Products Services
$1B$500M$0

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