3D Printing Financials: Stratasys Doubles EPS YOY, Aerospace & Defense Revenue Grows 35%

Third-quarter earnings results in the AM industry have been quite instructive: every area of the industry tells us a slightly different story, but when you take them all as a whole, they present a clear picture. In the most general terms, Q3 was a good quarter for companies most directly involved in producing and selling parts, and a rather mixed bag for the OEMs. In terms of the mixed bag side of the industry, AM services also seemed to be the bright spot. 3D Systems , for instance, posted higher losses than it did in Q2, but the company noted in its earnings call that “parts manufacturing sales” were a big contributor to revenue growth. Meanwhile, Stratasys showed a solid Q3 performance, doubling non-GAAP EPS over Q3 2025 ($.04 vs $.02) while growing revenue by about 4 percent YOY. Despite the contrasting results, services were a standout for Stratasys as well, with services revenue growing even more than the company’s growth overall (6 percent YOY). Now, interestingly, systems growth was actually the biggest source of growth for the company (12 percent YOY), which would seem to contradict the idea that services are the winner.