STRATASYS LTD.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $672.5m $668.4m $663.2m $636.1m $520.8m $607.2m $651.5m $627.6m $572.5m $551.1m
Cost of Revenue $355.2m $345.6m $338.0m $322.4m $301.4m $347.1m $375.0m $360.6m $315.6m $323.8m
Gross Profit $317.3m $322.8m $325.2m $313.7m $219.4m $260.1m $276.5m $267.0m $256.8m $227.3m
Operating Expenses $404.0m $353.3m $334.1m $325.4m $675.4m $339.2m $333.6m $354.6m $342.5m $299.8m
Operating Income (Loss) ($86.7m) ($30.5m) ($8.8m) ($11.7m) ($456.0m) ($79.2m) ($57.2m) ($87.6m) ($85.7m) ($72.5m)
Additional Financial Items
Amortization of Intangible Assets $59.0m $35.0m $32.4m $25.2m $24.3m $31.3m $37.1m $26.5m $23.9m $22.4m
Deconsolidation, Revaluation of Retained Investment, Gain (Loss), Amount $39.1m $39.1m $39.1m
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 $600k
Goodwill, Impairment Loss $386.2m
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($11.8m) ($98k) ($17.8m) ($11.9m) ($381.9m) ($50.2m) ($28.7m) ($48.0m) ($30.9m) ($12.4m)
Income (Loss) from Equity Method Investments ($86.4m) ($1.7m) $1.7m ($412k) ($3.9m) $949k ($5.7m) ($32.7m) ($33.3m) ($39.1m)
Operating Lease, Lease Income $2.0m
Preferred Stock Dividends and Other Adjustments $935k
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $86.4m $29.5m $8.2m $7.1m ($456.6m) ($66.8m) ($17.8m) $84.6m $84.0m $62.1m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $86.4m $29.5m $8.2m $7.1m ($66.8m) ($17.8m) ($84.6m) ($84.0m) ($62.1m)
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) Attributable to Noncontrolling Interest ($402k) ($478k) ($261k) ($230k) ($395k) $66.8m $17.8m $84.6m $84.0m $62.1m
Earnings Per Share, Basic ($1.48) ($0.75) ($0.22) ($0.20) ($8.08) ($0.98) ($0.44) ($1.79) ($1.70) ($1.28)
Earnings Per Share, Diluted ($1.48) ($0.75) ($0.22) ($0.20) ($8.08) ($0.98) ($0.44) ($1.79) ($1.70) ($1.28)
Weighted Average Number of Shares Outstanding, Basic 52.3m 53.0m 53.8m 54.3m 55k 63k 66.5m 68.7m 70.9m 81.6m
Weighted Average Number of Shares Outstanding, Diluted 52.6m 53.0m 53.8m 54k 55k 1 66.5m 68.7m 70.9m 81.6m
Other income (expense):
Research and Development Expense $97.8m $96.2m $99.0m $94.3m $84.0m $88.3m $92.9m $94.4m $99.1m $77.3m
Selling and Marketing Expense $307.1m $255.7m $235.1m $231.1m $205.2m $250.9m $240.8m $260.2m $243.3m $222.5m
Selling, General and Administrative Expense $307.1m $255.7m $235.1m $231.1m $205.2m $250.9m $240.8m $260.2m $243.3m $222.5m
Current Income Tax Expense (Benefit) $932k $11.8m $8.7m $5.9m $1.1m ($12.0m) $8.2m $11.1m $6.8m $3.6m
Income Tax Expense (Benefit) ($9.4m) $9.3m $4.7m $3.5m ($16.4m) ($3.9m) $5.5m $5.8m $3.0m $3.1m
Nonoperating Income (Expense) $354k $1.0m $633k $4.6m ($575k) ($2.1m) $229k $3.0m $1.7m $10.4m