Stratasys, Ltd
Stratasys Ltd. designs and sells 3D printing and additive manufacturing systems, polymer materials, software, and parts-on-demand services for industrial and professional use. The company serves customers across the Americas, EMEA, and Asia Pacific through a mix of direct sales, partners, and resellers.
Fiscal year 2025 · change from previous year
Development 2020–2025
Business
Share of revenueIndustrial and professional 3D printers sold for additive manufacturing applications.
Polymer materials and related consumable inputs used on installed printer bases.
Support, maintenance, and parts-on-demand services tied to printer fleets.
Products
Reported · share of revenue- Products69.0 %
- Services31.0 %
Source: 20-F FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.
Customers
Stratasys sells primarily to industrial customers that use additive manufacturing for prototyping, tooling, and production parts. Its end markets include aerospace, automotive, consumer products, healthcare, defense, education, and other engineering-intensive industries that value design flexibility, supply-chain resilience, and performance parts.
Buys systems, materials, and software for production-ready parts and resilient supply chains.
Uses printers for prototyping, tooling, and selected end-use parts.
Purchases additive manufacturing solutions for patient-specific and specialized applications.
Uses systems and materials to speed design cycles and manufacturing flexibility.
Buys printers and materials for training, labs, and applied research.
Strategy
Stratasys is focused on expanding its additive manufacturing platform by combining printers, materials, software, and services into a broader customer solution. Recent disclosures emphasize strengthening distribution, expanding channel reach, and serving high-requirement industries where production-ready additive manufacturing can replace or complement traditional methods.
A wider partner network increases market reach and lowers customer acquisition friction.
Production-ready use cases support larger systems demand and deeper customer embedding.
Installed-base monetization improves recurring engagement with customers over time.
Geography
2025Stratasys reports revenues across three operating regions: the Americas, EMEA, and Asia Pacific. In the latest disclosed period, the Americas remained the largest region, followed by EMEA and Asia Pacific, reflecting a globally distributed installed base and channel footprint.
Share of the revenue the company reports by geography.
Risks
Stratasys faces demand cyclicality in industrial end markets and exposure to competitive pressure in additive manufacturing. Its results are also affected by tariffs, foreign exchange, and the pace at which customers adopt 3D printing for production applications rather than only prototyping.
- Tariff exposureImpact: HighLikelihood: High
Management disclosed tariffs as increasing prices paid for finished goods and pressuring margins.
Exposure: Imported finished goods and components
- Industrial demand cyclicalityImpact: HighLikelihood: Medium
Customer printer purchases depend on capex budgets in cyclical end markets.
Exposure - Additive manufacturing adoption riskImpact: HighLikelihood: Medium
Customers may continue to use traditional manufacturing for many applications.
Exposure: Production parts adoption
- Foreign exchange volatilityImpact: MediumLikelihood: High
Regional revenue and costs create translation and transaction sensitivity.
Exposure: Global operations
Accounting
Judgemental itemsDifferent contract types are recognized on different timelines, affecting quarterly trends.
Impact: Mix shifts can move revenue between periods
Advance billings and support contracts defer revenue recognition.
Impact: Impacts reported revenue and contract liabilities
Acquisitions require fair value allocation and can create goodwill.
Impact: Affects balance sheet values and impairment risk
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Last updated: 28/09/2026