Nano Dimension (NNDM) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 7, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NNDM SEC filings page.
Nano Dimension (NNDM) reported $102.4M in revenue for fiscal year 2025, up 77.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue expansion is being absorbed by persistent operating losses, while the balance sheet remains lightly leveraged and increasingly asset-constrained.
Revenue rose from$57.8M in FY2024 to$102.4M in FY2025, but gross margin compressed from43.1% to33.5% . That pairing indicates growth arrived with weaker unit economics or a less profitable mix, rather than clean fixed-cost absorption; the operating loss still reached$140.3M in FY2025.
Cash conversion deteriorated sharply: operating cash flow moved from
The financing structure remains equity-funded: FY2025 liabilities of
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Nano Dimension's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Nano Dimension held $204.7M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $70.3M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Nano Dimension scores 59/100 among other emerging companies.
Nano Dimension had 208M shares outstanding at the end of fiscal year 2025, against 216M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Nano Dimension scores 78/100 among other emerging companies.
Nano Dimension spent $30.1M on research and development in fiscal year 2025, which was 12.4% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Nano Dimension scores 40/100 among other emerging companies.
Nano Dimension reported revenue of $102.4M in fiscal year 2025, against $57.8M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Nano Dimension scores 74/100 among other emerging companies.
Nano Dimension's operations used $70.3M of cash in fiscal year 2025, against $18.9M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Nano Dimension scores 43/100 among other emerging companies.
Nano Dimension's cash, cash equivalents and investments came to $204.7M at the end of fiscal year 2025, against $86.2M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Nano Dimension scores 77/100 among other emerging companies.
Nano Dimension passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Nano Dimension reported a net loss of $293.3M while operations used $70.3M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Nano Dimension reported an operating loss of $140.3M against $111K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Nano Dimension generated $29.0M in revenue in Q2 2026. This represents an increase of 12.1% from the same quarter a year earlier. Against the prior quarter it is down 2.6%.
Nano Dimension's EBITDA was -$18.3M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 46.1% from the same quarter a year earlier. Against the prior quarter it is up 69.9%.
Nano Dimension reported -$6.8M in net income in Q2 2026. This represents an increase of 96.2% from the same quarter a year earlier. Against the prior quarter it is up 90.2%.
Nano Dimension earned -$0.03 per diluted share (EPS) in Q2 2026. This represents an increase of 96.4% from the same quarter a year earlier. Against the prior quarter it is up 91.2%.
Cash & Balance Sheet
Nano Dimension recorded an outflow of $23.9M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 44.7% from the same quarter a year earlier. Against the prior quarter it is down 230.1%.
Nano Dimension held $349.1M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Nano Dimension's gross margin was 45.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 18.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.1 percentage points.
Nano Dimension's operating margin was -71.0% in Q2 2026, reflecting core business profitability. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Nano Dimension's net profit margin was -23.5% in Q2 2026, showing the share of revenue converted to profit. No change is given against Q2 2025: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Nano Dimension's ROE was -1.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 26.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 12.9 percentage points.
Capital Allocation
Nano Dimension invested $5.8M in research and development in Q2 2026. This represents a decrease of 28.7% from the same quarter a year earlier. Against the prior quarter it is down 29.5%.
Nano Dimension invested $46K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 72.3% from the same quarter a year earlier. Against the prior quarter it is down 72.5%.
Not reported for Q2 2026.
NNDM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q4'236-K |
|---|---|---|---|---|---|---|---|
| Revenue | $29.0M+12.1% | $29.7M+106.4% | N/A | $25.8M | $14.4M | N/A | N/A |
| Cost of Revenue | $15.7M-16.6% | $17.6M+105.6% | N/A | $18.8M | $8.6M | N/A | N/A |
| Gross Profit | $13.3M+88.8% | $12.1M+107.6% | N/A | $7.0M | $5.8M | N/A | N/A |
| R&D Expenses | $5.8M-28.7% | $8.2M+38.0% | N/A | $8.1M | $5.9M | N/A | N/A |
| SG&A Expenses | $12.9M-41.8% | $15.2M+168.4% | N/A | $22.2M | $5.7M | N/A | N/A |
| Operating Income | -$20.6M+50.6% | -$64.5M-54.0% | N/A | -$41.6M | -$41.9M | N/A | N/A |
| EBITDA | -$18.3M+46.1% | -$60.8M-47.1% | N/A | -$33.9M | -$41.3M | N/A | N/A |
| Interest Expense | $247K+5.6% | $246K-85.3% | N/A | $234K | $1.7M | N/A | N/A |
| Income Tax | $150K+97.4% | $0-100.0% | N/A | $76K | $23K | N/A | N/A |
| Net Income | -$6.8M+96.2% | -$69.7M-175.2% | N/A | -$181.0M | -$25.3M | N/A | N/A |
| EPS (Basic) | -$0.03+96.4% | -$0.34-183.3% | N/A | -$0.83 | -$0.12 | N/A | N/A |
| EPS (Diluted) | -$0.03+96.4% | -$0.34-183.3% | N/A | -$0.83 | -$0.12 | N/A | N/A |
| Diluted Shares (Avg) | 209,342-3.7% | 207,504-4.1% | N/A | 217,338 | 216,462 | N/A | N/A |
NNDM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q4'236-K |
|---|---|---|---|---|---|---|---|
| Total Assets | $556.8M | $573.2M | $638.2M-29.3% | N/A | N/A | $902.5M-15.2% | $1.1B |
| Current Assets | $497.1M | $505.4M | $525.8M-33.4% | N/A | N/A | $789.3M-11.7% | $894.0M |
| Cash & Equivalents | $349.1M+89.2% | $355.3M-27.1% | $204.7M-35.5% | $184.5M | $487.4M | $317.2M+2.5% | $309.6M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $28.3M | $31.7M | $32.9M+94.6% | N/A | N/A | $16.9M-8.1% | $18.4M |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | $9.1M-28.1% | $12.7M |
| Long-Term Investments | $0 | $0 | $0-100.0% | $0 | $0 | $86.2M | $0 |
| Goodwill | $0 | $0-100.0% | $40.4M | N/A | $40.4M | $0 | N/A |
| Total Liabilities | $75.3M | $87.8M | $86.2M+106.4% | N/A | N/A | $41.8M-8.6% | $45.7M |
| Current Liabilities | $46.6M | $56.1M | $52.5M+74.3% | N/A | N/A | $30.1M-8.8% | $33.0M |
| Non-Current Liabilities | $28.7M | $31.7M | $33.8M+189.0% | N/A | N/A | $11.7M-7.8% | $12.7M |
| Total Equity | $481.5M-26.9% | $485.4M-41.9% | $552.0M-35.8% | $659.1M | $835.0M | $860.0M-15.5% | $1.0B |
| Retained Earnings | N/A | N/A | N/A | N/A | N/A | -$677.7M-17.1% | -$578.8M |
Not reported in any period shown, so not listed: Long-Term Debt.
NNDM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q4'236-K |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$23.9M+44.6% | -$7.1M+5.3% | N/A | -$43.1M | -$7.5M | N/A | N/A |
| Depreciation & Amortization | $2.3M-70.5% | $3.7M+544.8% | N/A | $7.7M | $574K | N/A | N/A |
| Stock-Based Compensation | $873K-64.1% | $2.9M+472.1% | N/A | $2.4M | -$786K | N/A | N/A |
| Capital Expenditures | $46K-72.3% | $167K-43.4% | N/A | $166K | $295K | N/A | N/A |
| Free Cash Flow | -$23.9M+44.7% | -$7.2M+6.8% | N/A | -$43.3M | -$7.8M | N/A | N/A |
| Investing Cash Flow | N/A | $157.5M-11.1% | N/A | N/A | $177.1M | N/A | N/A |
| Financing Cash Flow | N/A | -$41K-17.1% | N/A | N/A | -$35K | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
NNDM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q4'236-K |
|---|---|---|---|---|---|---|---|
| Gross Margin | 45.9%+18.6pp | 40.8%+0.2pp | N/A | 27.3% | 40.6% | N/A | N/A |
| Operating Margin | -71.0% | -217.0% | N/A | -161.2% | -290.9% | N/A | N/A |
| Net Margin | -23.5% | -234.4% | N/A | -700.7% | -175.8% | N/A | N/A |
| Return on Equity | -1.4%+26.1pp | -14.3%-11.3pp | N/A | -27.5% | -3.0% | N/A | N/A |
| Return on Assets | -1.2% | -12.2% | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 10.66 | 9.01 | 10.02-16.2x | N/A | N/A | 26.22-0.9x | 27.07 |
| Debt-to-Equity | 0.16 | 0.18 | 0.16+0.1x | N/A | N/A | 0.050.0x | 0.04 |
| Asset Turnover | 0.05 | 0.05 | N/A | N/A | N/A | N/A | N/A |
| FCF Margin | -82.6% | -24.4%+29.6pp | N/A | -167.5% | -54.0% | N/A | N/A |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Nano Dimension NNDM | FY2025 | $102.4M | -$293.3M | N/A | $337.3M | 62/100 |
| Unusual Machines UMAC | FY2025 | $11.2M | -$19.2M | N/A | $1.2B | 46/100 |
| Canaan Inc. CAN | FY2025 | $529.7M | -$210.3M | -39.7% | $229.2M | 48/100 |
| 3D Systems Corp DDD | FY2025 | $386.9M | $29.9M | 7.7% | $561.6M | 34/100 |
| Stratasys Ltd SSYS | FY2025 | $551.1M | -$104.3M | -18.9% | $663.0M | 44/100 |
| Corsair Gaming, Inc. CRSR | FY2025 | $1.5B | $16.0M | 1.1% | $1.3B | 38/100 |
Where Nano Dimension Ranks
Frequently Asked Questions
What is Nano Dimension's annual revenue?
Nano Dimension (NNDM) reported $102.4M in total revenue for fiscal year 2025. This represents a 77.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Nano Dimension's revenue growing?
Nano Dimension (NNDM) revenue grew by 77.3% year-over-year, from $57.8M to $102.4M in fiscal year 2025.
Is Nano Dimension profitable?
No, Nano Dimension (NNDM) reported a net income of -$293.3M in fiscal year 2025.
What is Nano Dimension's EBITDA?
Nano Dimension (NNDM) had EBITDA of -$119.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Nano Dimension's gross margin?
Nano Dimension (NNDM) had a gross margin of 33.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Nano Dimension's return on equity (ROE)?
Nano Dimension (NNDM) has a return on equity of -53.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Nano Dimension's free cash flow?
Nano Dimension (NNDM) recorded an outflow of $71.3M in free cash flow during fiscal year 2025. This represents a -238.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Nano Dimension's operating cash flow?
Nano Dimension (NNDM) recorded an outflow of $70.3M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Nano Dimension's total assets?
Nano Dimension (NNDM) had $638.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Nano Dimension's capital expenditures?
Nano Dimension (NNDM) invested $1.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Nano Dimension spend on research and development?
Nano Dimension (NNDM) invested $30.1M in research and development during fiscal year 2025.
What is Nano Dimension's current ratio?
Nano Dimension (NNDM) had a current ratio of 10.02 as of fiscal year 2025, which is generally considered healthy.
What is Nano Dimension's debt-to-equity ratio?
Nano Dimension (NNDM) had a debt-to-equity ratio of 0.16 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Nano Dimension's return on assets (ROA)?
Nano Dimension (NNDM) had a return on assets of -46.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Nano Dimension's P/E ratio?
Nano Dimension (NNDM) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $337.3M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Nano Dimension's price-to-sales ratio?
Nano Dimension (NNDM) trades at 3.3x sales, its market capitalization divided by revenue of $102.4M revenue, FY2025. The market capitalization is $337.3M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Nano Dimension's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Nano Dimension (NNDM) held $204.7M in cash, cash equivalents and investments, and reported an operating cash outflow of $70.3M over that year. Dividing the one by the other, the reported balance equals about 35 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Nano Dimension's Piotroski F-Score?
Nano Dimension (NNDM) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Nano Dimension's earnings high quality?
Nano Dimension (NNDM) reported a net loss of $293.3M while operations used $70.3M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Nano Dimension cover its interest payments?
Nano Dimension (NNDM) reported an operating loss of $140.3M against $111K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Nano Dimension?
Nano Dimension (NNDM) scores 62 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.