← STRATASYS LTD.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($77.2m) ($40.0m) ($11.0m) ($10.8m) ($443.7m) ($62.0m) ($29.0m) ($123.1m) — —
Net Income (Loss) Available to Common Stockholders, Basic ($77.2m) ($40.0m) ($11.9m) ($10.8m) ($443.7m) — — — — —
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($77.6m) ($40.5m) ($11.2m) ($11.1m) ($444.1m) ($62.0m) ($29.0m) ($123.1m) ($120.3m) ($104.3m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — ($66.8m) ($17.8m) ($84.6m) ($84.0m) ($62.1m)
Net Income (Loss) Attributable to Noncontrolling Interest ($402k) ($478k) ($261k) ($230k) ($395k) — — — — —
Depreciation, Depletion and Amortization $92.9m $66.6m $61.2m $50.9m $49.6m $56.1m $59.8m $49.0m $45.3m $43.2m
Amortization of Intangible Assets $59.0m $35.0m $32.4m $25.2m $24.3m $31.3m $37.1m $26.5m $23.9m $22.4m
Depreciation $33.8m $31.6m $28.9m $25.8m $25.2m $24.8m $22.6m $22.4m $21.5m $20.7m
Deferred Income Tax Expense (Benefit) ($10.4m) ($2.5m) ($4.0m) ($2.4m) ($17.5m) ($3.9m) $5.5m $5.8m $3.0m ($512k)
Deferred Other Tax Expense (Benefit) — — — — — $8.1m ($2.8m) ($5.3m) ($3.8m) —
Share-based Payment Arrangement, Noncash Expense $20.8m $17.7m $15.7m $20.6m $20.2m $31.0m $33.5m $31.6m $25.6m $24.3m
Goodwill, Impairment Loss — — — — $386.2m — — — — —
Impairment of Intangible Assets (Excluding Goodwill) $16.9m $2.2m $2.2m — — — — — — —
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) $1.0m $2.2m $2.2m — — — — — — —
Gain (Loss) on Disposition of Business — — $7.9m $3.6m — $1.3m ($3.8m) ($5.7m) ($8.0m) ($4.3m)
Income (Loss) from Equity Method Investments — ($1.7m) $1.7m ($412k) ($3.9m) $949k ($5.7m) ($32.7m) ($33.3m) ($39.1m)
Income Tax Expense (Benefit) ($9.4m) $9.3m $4.7m $3.5m ($16.4m) ($3.9m) $5.5m $5.8m $3.0m $3.1m
Operating Lease, Lease Income — — — — $2.0m — — — — —
Changes in operating assets and liabilities:
Noncash investing and financing activities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($2.0m) $7.6m $8.9m ($5.0m) ($29.5m) $25.0m $28.9m $25.7m ($4.5m) $18.0m
Increase (Decrease) in Inventories ($642k) ($2.2m) $16.1m $48.6m ($37.1m) $53k $87.3m ($4.6m) ($9.4m) ($35.4m)
Increase (Decrease) in Accounts Payable $2.0m ($1.2m) $6.9m ($13.1m) — $28.5m $19.6m ($27.4m) ($3.7m) ($5.3m)
Proceeds from Stock Options Exercised $1.2m $5.9m $3.7m $5.3m $228k $8.1m $266k $11k $154k $0
Purchases of property and equipment, accrued but unpaid $45.1m $22.3m $23.4m $22.5m $26.9m $25.0m $13.6m $13.6m $10.9m $22.1m
Deconsolidation, Gain (Loss), Amount — — — — — — ($14.1m) ($14.1m) ($14.1m) —
Deconsolidation, Revaluation of Retained Investment, Gain (Loss), Amount — — — — — — $39.1m $39.1m $39.1m —
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal — — — — — $14.4m — $0 — —
Fair Value, Option, Changes in Fair Value, Gain (Loss) — — — — — $14.4m $14.4m — — —
Foreign Currency Transaction Gain (Loss), before Tax ($2.1m) $10.4m ($5.1m) $1.9m $8.7m ($3.4m) ($9.1m) ($636k) ($3.4m) $9.1m
Foreign Currency Transaction Gain (Loss), Realized $2.1m ($10.4m) $5.1m ($1.9m) ($8.7m) $600k $9.1m $636k $3.4m ($9.1m)
Goodwill $385.6m $387.1m $385.8m $385.7m $35.7m $65.1m $65.0m $100.1m $99.1m $101.6m
Inventory Write-down — — — — — — — — — $3.7m
Nonoperating Income (Expense) $354k $1.0m $633k $4.6m ($575k) ($2.1m) $229k $3.0m $1.7m $10.4m
Operating Expenses $404.0m $353.3m $334.1m $325.4m $675.4m $339.2m $333.6m $354.6m $342.5m $299.8m
Unrealized Gain (Loss) on Derivatives $2.1m $5.0m $2.0m $2.9m $6.2m $2.9m $2.1m $500k $4.4m ($2.8m)
Net Cash Provided by (Used in) Operating Activities $62.0m $61.9m $63.7m ($11.2m) $27.8m $35.8m ($75.4m) ($61.6m) $7.8m $15.1m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $45.1m $22.3m $23.4m $22.5m $26.9m $25.0m $13.6m $13.6m $10.9m $22.1m
Payments to Acquire Businesses, Net of Cash Acquired — — — — $29.1m $20.6m — $72.1m $0 $6.1m
Gain (Loss) on Sale of Investments — — $1.7m ($412k) ($3.9m) $949k ($5.7m) ($32.7m) $4.8m $0
Payments for (Proceeds from) Other Investing Activities $457k $361k $304k $741k ($28k) $82k ($54k) $1.6m ($49k) $1.1m
Net Cash Provided by (Used in) Investing Activities ($64.0m) ($28.3m) $7.1m ($69.5m) ($52.6m) ($291.2m) ($7.2m) ($3.8m) ($14.8m) ($112.2m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $26.0m $10.0m — — — — — — — —
Repayments of Long-term Debt — $3.7m $5.1m $27.3m — — — — — —
Proceeds from Issuance of Common Stock — — — — — $0 $3.0m $5.9m $5.6m $119.3m
Proceeds from (Payments for) Other Financing Activities — — — — — $406k ($281k) ($188k) ($461k) ($204k)
Net Cash Provided by (Used in) Financing Activities $25.8m $10.7m ($3.0m) ($22.0m) $228k $227.3m ($2.8m) ($1.5m) ($3.3m) $118.0m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $4.1m ($3.5m) $2.6m $3.2m ($893k) ($7.2m) ($827k) ($1.5m) $3.4m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — $4.1m $64.4m ($100.1m) ($21.4m) ($28.9m) ($92.6m) ($67.8m) ($11.8m) $24.3m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $4.1m ($3.5m) $293.6m $272.2m $243.3m $150.7m $82.9m $71.1m $95.4m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $1.1m $1.7m $449k — — — — — —
Income Taxes Paid, Net — — — — $1.1m $2.4m $12.6m $2.2m $2.3m $2.8m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.