Stratasys (NASDAQ:SSYS) shares fell more than 6% in pre-market trading, Thursday after the company provided a 2026 financial outlook that suggests continued headwinds for the additive manufacturing sector, despite a fourth-quarter earnings performance that beat expectations.
For the quarter ended December 31, 2025, the Rehovot, Israel-based company reported non-GAAP net income of $6.2 million, or $0.07 per diluted share, exceeding the analyst consensus of $0.05.
Revenue for the period declined 6.9% to $140 million, narrowly missing the $142.6 million anticipated by the market.
On a GAAP basis, the company recorded a net loss of $18.9 million, an improvement over the prior year’s fourth-quarter loss.
While the company highlighted record growth in manufacturing applications—which now account for 37.5% of total revenue—investors focused on a cautious 2026 roadmap.
Stratasys expects full-year 2026 adjusted earnings in the range of $0.09 to $0.14 per share, well below the $0.24 analysts had modeled.
Management noted that the forecast includes a projected $17 million negative impact from volatile exchange rates and potential new trade tariffs.