Aug. 13 at 11:09 AM
$SSYS Stratasys reaffirms FY26 non-GAAP EPS view 9c-14c, consensus 12c
The company said, "Based on the strength of its pipeline of opportunities, the Company is reaffirming its outlook for full year 2026, while modifying its expectations regarding operating cash flow for the year. Due to increased cash usage in the first half of 2026, operating cash flow will not be positive for the full year, although operating cash flow is expected to be positive for the second half of the year. This updated outlook is based on current market conditions and assumes that the impacts of global inflationary pressures, relatively high interest rates, tariffs, exchange rates and other supply chain costs do not further impede economic activity. The specific metrics include: Full year revenue growing to a range of
$565M to
$575M, improving sequentially through the year.
Based on current logistics and materials costs, full year non-GAAP gross margins of 46.7% to 47.1%, including approximately
$7M of adverse impact from tariffs and foreign exchange rates relative to 2025. Full year non-GAAP operating expenses ranging from
$260M to
$262M, including approximately
$10M 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
$83M to
$67M, or (
$0.95) to (
$0.76) per diluted share. Non-GAAP net income of
$8M to
$12.5M, or
$0.09 to
$0.14 per diluted share. Adjusted EBITDA of
$25M to
$30M, with Adjusted EBITDA margin of 4.5% to 5.0%. Capital expenditures of
$20M to
$25M." Revenue consensus
$567.73M.
