Stratasys Sees FY2026 GAAP EPS $(0.95)-$(0.76) vs $(0.82) Est

Financial Outlook:

Based on current market conditions and assuming that the impacts of global inflationary pressures, relatively high interest rates, increased tariffs and other supply chain costs do not impede economic activity further, the Company is providing the following outlook for 2026, which includes an assumption of $17 million of combined adverse impact from exchange rates and tariffs relative to 2025:

• Full year revenue growing to $565 million to $575 million, improving sequentially through the year.
• Based on current logistics and materials costs, full year non-GAAP gross margins of 46.7%-47.1%, including approximately $7 million of adverse impact from tariffs and foreign exchange rates relative to 2025.
• Full year non-GAAP operating expenses ranging from $260 million to $262 million, including approximately $10 million of adverse impact from changes in foreign exchange rates.
• Full year non-GAAP operating margins in a range of 0.7% to 1.5%.
• GAAP net loss of $83 million to $67 million, or ($0.95) to ($0.76) per diluted share.
• Non-GAAP net income of $8 million to $12.5 million, or $0.09 to $0.14 per diluted share.
• Adjusted EBITDA of $25 million to $30 million, reflecting Adjusted EBITDA margin of 4.5% to 5.0%.
• Capital expenditures of $20 million to $25 million.
• Expects to generate positive operating cash flow subject to uncertainty around foreign exchange rates and tariffs.