Stratasys Ltd.
SSYS Nasdaq Computer Peripheral Equipment, Nec Financials FY2016โFY2025
What Stratasys Ltd. does
No business description yet.
- Legal name
- STRATASYS LTD.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F ยท Mar 5, 2026
- Accession ยท CIK
- 0001628280-26-015079
0001517396
Revenue and margins
Stratasys Ltd. had $551M of revenue in fiscal 2025, down 3.7% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was โ$7.0M in fiscal 2025, โ1.3% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Stratasys Ltd. returned โ to shareholders in fiscal 2025. The diluted share count rose 0.0%.
Balance sheet
Cash, debt and the ratios that show how comfortably Stratasys Ltd. can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $243M | $150M | $82.6M | $70.2M | $94.5M |
| Current ratio | 3.8x | 3.3x | 3.2x | 3.1x | 3.6x |
| Quick ratio | 3.2x | 2.4x | 2.1x | 2.0x | 2.7x |
| Total assets | $1.3B | $1.3B | $1.1B | $1.0B | $1.1B |
| Total liabilities | $321M | $300M | $249M | $237M | $231M |
| Shareholders' equity | $956M | $959M | $885M | $793M | $843M |
| Net debt (โ = net cash) | โ | โ | โ | โ | โ |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. โPlanโ marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
โ
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8โ9 is strong, 0โ2 weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations is positive | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Return on assets rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Cash from operations exceeds net income | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Debt fell relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Current ratio rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Share count didn't rise | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Gross margin rose | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| Revenue rose relative to assets | โ | โ | โ | โ | โ | โ | โ | โ | โ | โ |
| F-score | โ / 3 | 5 / 9 | 6 / 9 | 4 / 8 | 4 / 8 | 4 / 8 | 2 / 8 | 3 / 7 | 4 / 7 | 4 / 7 |
| Accruals ratio | โ10.2% | โ7.4% | โ5.4% | 0.0% | โ39.8% | โ8.6% | 3.7% | โ5.1% | โ11.8% | โ11.4% |
| Altman Z'' | 3.13 | 3.24 | 3.65 | 4.10 | โ3.34 | 0.51 | 0.22 | โ0.89 | โ2.18 | โ1.42 |
10 years of figures
Amounts in USD. Hover a ratioโs name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $672M | $668M | $663M | $636M | $521M | $607M | $651M | $628M | $572M | $551M |
| Gross profit | $317M | $323M | $325M | $314M | $219M | $260M | $276M | $267M | $257M | $227M |
| Research and development | $97.8M | $96.2M | $99.0M | $94.3M | $84.0M | $88.3M | $92.9M | $94.4M | $99.1M | $77.3M |
| Operating income | โ$86.7M | โ$30.5M | โ$8.8M | โ$11.7M | โ$456M | โ$79.2M | โ$57.2M | โ$87.6M | โ$85.7M | โ$72.5M |
| Pretax income | โ$86.4M | โ$29.5M | โ$8.2M | โ$7.1M | โ$457M | โ$66.8M | โ$17.8M | โ$84.6M | โ$84.0M | โ$62.1M |
| Income tax | โ$9.4M | $9.3M | $4.7M | $3.5M | โ$16.4M | โ$3.9M | $5.5M | $5.8M | $3.0M | $3.1M |
| Net income | โ$77.2M | โ$40.0M | โ$11.0M | โ$10.8M | โ$444M | โ$62.0M | โ$29.0M | โ$123M | โ$120M | โ$104M |
| Net income to common | โ$77.2M | โ$40.0M | โ$11.9M | โ$10.8M | โ$444M | โ | โ | โ | โ | โ |
| Diluted EPS | โ$1.48 | โ$0.75 | โ$0.22 | โ$0.20 | โ$8.08 | โ$0.98 | โ$0.44 | โ | โ | โ |
| Diluted shares | 0.05B | 0.05B | 0.05B | 0.00B | 0.00B | 0.00B | 0.07B | โ | โ | โ |
| Cash flow | ||||||||||
| Cash from operations | $61.9M | $61.7M | $63.7M | โ$11.2M | $27.8M | $35.8M | โ$75.4M | โ$61.6M | $7.8M | $15.1M |
| Capital expenditure | $45.1M | $22.3M | $23.4M | $22.4M | $26.9M | $25.0M | $13.6M | $13.6M | $10.9M | $22.1M |
| Free cash flow | $16.8M | $39.4M | $40.4M | โ$33.6M | $0.9M | $10.8M | โ$89.0M | โ$75.2M | โ$3.0M | โ$7.0M |
| Depreciation and amortization | $92.9M | $66.6M | $61.3M | $50.9M | $49.6M | $56.1M | $59.8M | $49.0M | $45.3M | $43.2M |
| Stock-based compensation | $20.8M | $17.7M | $15.7M | $20.6M | $20.2M | $31.0M | $33.5M | $31.6M | $25.6M | $24.3M |
| Acquisitions | โ | โ | โ | โ | $29.1M | $20.6M | $0.0M | $72.1M | $0.0M | $6.1M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $280M | $329M | $393M | $293M | $272M | $243M | $150M | $82.6M | $70.2M | $94.5M |
| Total debt | $26.0M | $32.3M | $27.1M | โ | โ | โ | โ | โ | โ | โ |
| Current assets | $553M | $615M | $684M | $659M | $560M | $801M | $700M | $560M | $513M | $582M |
| Current liabilities | $165M | $163M | $176M | $160M | $132M | $210M | $211M | $176M | $167M | $163M |
| Inventory | $118M | $116M | $124M | $169M | $132M | $129M | $194M | $193M | $180M | $145M |
| Property and equipment, net | $208M | $200M | $188M | $190M | $201M | $203M | $195M | $198M | $184M | $193M |
| Goodwill | $386M | $387M | $386M | $386M | $35.7M | $65.1M | $65.0M | $100M | $99.1M | $102M |
| Intangible assets | $177M | $142M | $107M | $87.3M | $132M | $152M | $121M | $128M | $106M | $95.8M |
| Total assets | $1.4B | $1.4B | $1.4B | $1.4B | $990M | $1.3B | $1.3B | $1.1B | $1.0B | $1.1B |
| Total liabilities | $228M | $246M | $245M | $224M | $230M | $321M | $300M | $249M | $237M | $231M |
| Shareholders' equity | $1.1B | $1.1B | $1.1B | $1.2B | $759M | $956M | $959M | $885M | $793M | $843M |
| Margins | ||||||||||
| Gross margin | 47.2% | 48.3% | 49.0% | 49.3% | 42.1% | 42.8% | 42.4% | 42.5% | 44.9% | 41.2% |
| Operating margin | โ12.9% | โ4.6% | โ1.3% | โ1.8% | โ87.6% | โ13.0% | โ8.8% | โ14.0% | โ15.0% | โ13.2% |
| EBITDA margin | 0.9% | 5.4% | 7.9% | 6.2% | โ78.0% | โ3.8% | 0.4% | โ6.2% | โ7.0% | โ5.3% |
| Net margin | โ11.5% | โ6.0% | โ1.7% | โ1.7% | โ85.2% | โ10.2% | โ4.4% | โ19.6% | โ21.0% | โ18.9% |
| FCF margin | 2.5% | 5.9% | 6.1% | โ5.3% | 0.2% | 1.8% | โ13.7% | โ12.0% | โ0.5% | โ1.3% |
| Returns | ||||||||||
| Return on capital | โ7.8% | โ2.9% | โ0.9% | โ | โ | โ | โ | โ | โ | โ |
| Return on capital employed | โ7.2% | โ2.5% | โ0.7% | โ1.0% | โ53.2% | โ7.4% | โ5.4% | โ9.1% | โ9.9% | โ8.0% |
| Return on equity | โ6.8% | โ3.5% | โ1.0% | โ0.9% | โ46.3% | โ7.2% | โ3.0% | โ13.3% | โ14.3% | โ12.7% |
| Return on assets | โ5.7% | โ2.9% | โ0.8% | โ0.8% | โ37.4% | โ5.5% | โ2.3% | โ10.3% | โ11.1% | โ9.9% |
| Return on tangible equity | โ13.5% | โ6.6% | โ1.8% | โ1.6% | โ74.9% | โ8.4% | โ3.7% | โ18.7% | โ20.5% | โ16.2% |
| Growth | ||||||||||
| Revenue growth | โ | โ0.6% | โ0.8% | โ4.1% | โ18.1% | 16.6% | 7.3% | โ3.7% | โ8.8% | โ3.7% |
| FCF growth | โ | 134.7% | 2.4% | โ183.3% | โ | 1,162.3% | โ921.2% | โ | โ | โ |
| Share count change | โ | 0.7% | 1.5% | โ100.0% | โ | 15.7% | 104,610.2% | โ | โ | โ |
| Financial health | ||||||||||
| Net debt / EBITDA | โ41.3x | โ8.2x | โ7.0x | โ | โ | โ | โ | โ | โ | โ |
| Debt / equity | 0.0x | 0.0x | 0.0x | โ | โ | โ | โ | โ | โ | โ |
| Current ratio | 3.4x | 3.8x | 3.9x | 4.1x | 4.2x | 3.8x | 3.3x | 3.2x | 3.1x | 3.6x |
| Quick ratio | 2.6x | 3.1x | 3.2x | 3.1x | 3.2x | 3.2x | 2.4x | 2.1x | 2.0x | 2.7x |
| Capital allocation | ||||||||||
| Capex / revenue | 6.7% | 3.3% | 3.5% | 3.5% | 5.2% | 4.1% | 2.1% | 2.2% | 1.9% | 4.0% |
| Stock comp / revenue | 3.1% | 2.7% | 2.4% | 3.2% | 3.9% | 5.1% | 5.1% | 5.0% | 4.5% | 4.4% |
| Quality scores | ||||||||||
| Piotroski F-score | โ | 5.0 | 6.0 | 4.0 | 4.0 | 4.0 | 2.0 | 3.0 | 4.0 | 4.0 |
| Altman Z'' | 3.1 | 3.2 | 3.7 | 4.1 | โ3.3 | 0.5 | 0.2 | โ0.9 | โ2.2 | โ1.4 |
| Accruals ratio | โ10.2% | โ7.4% | โ5.4% | 0.0% | โ39.8% | โ8.6% | 3.7% | โ5.1% | โ11.8% | โ11.4% |
Source: SEC EDGAR XBRL filings (CIK 0001517396). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only โ not investment advice. Check the original filings before relying on any figure.
