Stratasys Reports Q3 2026 Revenue Growth Driven by Aerospace and Defense Demand
Stratasys (SSYS) reported third-quarter revenue of $142.6 million, a 4.1% increase year-over-year. The growth was primarily fueled by a significant 35% surge in the Aerospace and Defense segment, supported by major defense orders and strong follow-on activity. Systems revenue also saw an 11.8% increase, reflecting momentum within industrial manufacturing sectors. Despite the top-line growth, the company lowered its full-year revenue guidance to a range of $556 million to $561 million, down from previous estimates of $565 million to $575 million. Management attributed this revision to extended sales cycles as the company shifts focus away from low-end rapid prototyping toward high-requirement manufacturing applications. On the profitability front, Non-GAAP gross margins improved to 47.8% due to a favorable product mix and tariff credits. The company remains debt-free with $210.7 million in cash and equivalents, though it reported a GAAP net loss of $10.2 million following one-time non-cash charges.
Topics: Aerospace and Defense Gross Margin Net Income Revenue Growth