3D Systems (DDD) Losses Worsen at 41.6% Annual Rate, Undercutting Valuation Hopes

3D Systems (DDD) remains unprofitable, with net losses deepening at an annual rate of 41.6% over the past five years. The company continues to report negative net profit margins and no discernible improvement in earnings. While the business has not established a path to profitability or demonstrated revenue or EPS growth, its shares trade at a Price-To-Sales Ratio of 0.8x, which is lower than the peer average of 1.2x and the US Machinery industry average of 1.9x. The ongoing losses and unstable share price set a cautionary backdrop for investors as they weigh these risks against the more attractive valuation multiples.

See our full analysis for 3D Systems.

Now, let's see how the latest results compare to the market narratives. Some expectations may get confirmed, while others could be put to the test.

See what the community is saying about 3D SystemsNYSE:DDD Earnings & Revenue History as at Nov 2025

Healthcare and Dental Segments Show Higher-Margin Promise

Growth in MedTech and Dental solutions is driving recurring, higher-margin revenues, thanks to increasing demand for personalized healthcare and digital dentistry products. According to the analysts' consensus view, these segments are expected to benefit from global regulatory approvals, which should support steady top-line and margin growth for 3D Systems.

Higher-margin service and product revenues from these verticals are seen as key catalysts and are setting the stage for medium-term margin expansion. Consensus notes this recurring revenue could help offset current losses if healthcare and dental adoption trends continue at pace.

Analysts Foresee Margins Improving Despite Losses

Analysts project that profit margins will move from -35.0% currently to a slightly positive 0.7% by 2026. These expectations reflect the belief that restructuring and cost-cutting efforts will pay off. The consensus narrative points to aggressive cost reductions and a shift in R&D from investment to commercialization as major factors behind these forecasts.

Gross margins are expected to improve as the company consolidates global operations and automates back-office processes, with the aim of achieving sustainable profitability and positive cash flow. Reducing heavy R&D spending in favor of market-ready product launches is central to achieving the projected margin turnaround.

Deep Discount to Peers but Risks Cloud Valuation

With a Price-To-Sales Ratio of 0.8x, 3D Systems trades below the peer average of 1.2x and well under the US Machinery industry average of 1.9x. This highlights a notable valuation gap. Analysts' consensus narrative emphasizes that while this discount could appeal to value hunters, growing losses (annualized at 41.6%) and unstable share price trends are risks that temper expectations of a rebound.

Dependency on healthcare and service lines introduces further earnings volatility if market adoption disappoints, keeping the valuation under pressure. Despite a consensus analyst target price of $3.25 (25% above the current $2.60 share price), investors must weigh the company's persistent unprofitability against the sector discount and shifting market conditions.

Story Continues

Consensus sees the upcoming catalysts putting both risk and recovery in the spotlight. Find out how other analysts interpret this data in their full narrative. 📊 Read the full 3D Systems Consensus Narrative.

Next Steps

To see how these results tie into long-term growth, risks, and valuation, check out the full range of community narratives for 3D Systems on Simply Wall St. Add the company to your watchlist or portfolio so you'll be alerted when the story evolves.

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A great starting point for your 3D Systems research is our analysis highlighting 3 important warning signs that could impact your investment decision.

See What Else Is Out There

3D Systems continues to face persistent losses, volatile earnings, and uncertain progress toward sustainable profitability. This is despite improvements in some high-margin segments.

If steady results are your priority, use our stable growth stocks screener (2074 results) to quickly find companies with consistent revenue and earnings growth you can actually trust.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include DDD.

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