3D Systems Corporation, operating globally across the Americas, Europe, the Middle East, Africa, and Asia Pacific regions, specializes in delivering advanced 3D ...
3D Systems Corporation, founded in 1986 by Chuck Hull, the inventor of 3D printing, is a pioneering company in the additive manufacturing industry. Headquartered in Rock Hill, South Carolina, the company operates globally, serving customers across the Americas, Europe, Middle East, Africa, and Asia Pacific. Its comprehensive product portfolio includes ...3D Systems Corporation, founded in 1986 by Chuck Hull, the inventor of 3D printing, is a pioneering company in the additive manufacturing industry. Headquartered in Rock Hill, South Carolina, the company operates globally, serving customers across the Americas, Europe, Middle East, Africa, and Asia Pacific. Its comprehensive product portfolio includes a wide range of 3D printers using technologies such as stereolithography, selective laser sintering, direct metal printing, multi-jet printing, color jet printing, extrusion, and SLA-based bioprinting. These systems convert digital designs from CAD or other modeling tools into physical parts. Materials offered include plastics, nylon, metals, composites, elastomers, waxes, polymeric dental compounds, and biocompatible substances. Under the Geomagic brand, the company provides digital design tools, including software, scanners, and haptic devices, enabling applications like product design, simulation, mold making, 3D scan-to-print, reverse engineering, and inspection. Proprietary software solutions such as 3D Sprint and 3DXpert streamline CAD data preparation and additive manufacturing process management, while Bioprint Pro supports bioprinting research. The company also offers services like maintenance, training, contract manufacturing, and precision healthcare solutions. Its customer base spans from small businesses to large corporations in sectors including medical, dental, automotive, aerospace, defense, technology, jewelry, and education. Financially, 3D Systems has a market cap of approximately $602 million, with revenue per share of $2.60. As of the latest data, the company has around 1,420 employees. Despite recent financial losses, with a negative net profit margin, it maintains a strong current ratio of 3.4, indicating liquidity. Under the leadership of CEO Jeffrey Graves, the company continues to innovate and adapt, focusing on industrial production and healthcare applications. Chuck Hull, co-founder and CTO, remains a key figure, driving technological advancements. 3D Systems is committed to helping customers accelerate digital manufacturing and improve patient outcomes, positioning itself as a full-service solutions partner.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$386.9M
-12.1%
-1.0%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$29.9M
+111.7%
-190.7%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+33.9%
-9.2%
+1.1%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-24.6%
+60.9%
-68.2%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+7.7%
+113.3%
-193.7%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-97.8M
-60.3%
-115.7%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-25.3%
-82.3%
-117.9%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
65.9%
-59.4%
-35.1%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
2.87x
-6.8%
+23.1%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
Operator: Greetings, and welcome to the 3D Systems Q2 2026 Earnings Webcast. [Operator Instructions] As a reminder, this conference is being recorded. [Operator Instructions] It's now my pleasure to turn the call over to Vice President, Investor Relations, Monica Gould. Monica, please go ahead.
Monica Gould: Hello, and welcome to 3D Systems Second Quarter 2026 Earnings Conference Call. With me on today's call are Dr. Jeffrey Graves, President and CEO; and Phyllis Nordstrom, Chief Financial Officer. The webcast portion of this call contains a slide presentation that we will refer to during the call. Those following along on the phone who wish to access the slide portion of this presentation may do so on the Investor Relations section of our website. The following discussion and responses to your questions reflect management's views as of today only and will include forward-looking statements as described on this slide. Actual results may differ materially. Additional information about factors that could potentially impact our financial results is included in our latest press release and our filings with the SEC, including our most recent annual report on Form 10-K and quarterly reports on Form 10-Q. During this call, we will discuss certain non-GAAP financial measures. In our press release and slides accompanying this webcast, you will find additional disclosures regarding these non-GAAP measures, including reconciliations with comparable GAAP measures. With that, I'll turn the call over to our President and CEO, Dr. Jeffrey Graves, for opening remarks.
Jeffrey Graves: Thank you, Monica, and good morning, everyone. Today's call is accompanied by 2 important announcements: our earnings results and the beginning of a leadership transition plan, both of which I will address this morning. I will begin by reviewing a few important highlights from our second quarter and first half as well as provide updates on several of our key market focus areas. After that, I'll address this morning's leadership announcement. I'll then turn the call over to Phyllis Nordstrom, our CFO, who will summarize the quarter's financial results and outlook, and we'll then open the call up for Q&A. So with that, let's turn to Slide 5. A major theme clearly emerging this year is the return of capital spending by our customers in key markets. The timing is excellent given the intense focus we have placed on refreshing our product portfolio over the last 3 years. In the second quarter, printer sales increased by more than 45%, led by our best-selling DMP 350 metal printing system, our new SLA 825 flagship polymer platform and our multi-jet printing systems that form the cornerstone of our new denture product line. I'll comment on each of these in the context of their market drivers in a few moments. From a business unit standpoint, our Healthcare business once again delivered solid growth and remained the company's largest segment. driven in particular by strong demand for new …
