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3D Systems Corporation reported first-quarter 2026 results showing modest revenue growth but a sharp improvement in profitability. Revenue reached $95.5 million, up 1% year over year, or 11% after adjusting for 2025 software divestitures, reflecting strong demand in Healthcare and key industrial markets.
Healthcare Solutions revenue grew about 21% to $50.1 million, while Industrial Solutions declined about 15% to $45.4 million, or rose 2% when adjusted for divestitures. The GAAP net loss narrowed to $4.4 million, or $0.03 per share, versus a $36.9 million loss, or $0.28 per share, a year earlier.
Profitability metrics improved meaningfully. Gross margin increased to 35.9%, and Adjusted EBITDA turned positive at $2.1 million compared with a $23.9 million loss, helped by lower operating expenses and a more favorable revenue mix. The company ended the quarter with $86.5 million in total cash and $90.7 million of debt outstanding. For second-quarter 2026, 3D Systems expects revenue between $93 million and $95 million and Adjusted EBITDA between a $4 million and $2 million loss.
3D Systems Corporation reported a much smaller quarterly loss while continuing its restructuring efforts. Revenue for the three months ended March 31, 2026 was $95.5 million, up 1.1% year over year, as stronger Healthcare Solutions demand offset weaker Industrial Solutions sales.
Net loss attributable to shareholders narrowed to $4.4 million, or $0.03 per share, from $37.0 million, helped by lower selling, general and administrative and research and development expenses. Gross margin improved to 35.9% as higher dental materials volumes lifted profitability.
Healthcare Solutions revenue grew 21.3% to $50.1 million, while Industrial Solutions declined 14.7% to $45.4 million, reflecting prior divestitures and softer jewelry demand. Cash and cash equivalents were $85.1 million, with $96.0 million of convertible debt outstanding, and operating cash outflow improved to $7.2 million. Management continues to execute its 2025 Restructuring Plan and is still remediating previously disclosed material weaknesses in internal control over financial reporting.
3D Systems Corporation filed a current report describing a technical change to its corporate bylaws. On April 28, 2026, the board adopted Amended and Restated By-Laws that revise Section 2.07 to more closely match Section 216(2) of the Delaware General Corporation Law.
The company states this change is clarifying only and does not alter the existing stockholder voting standard for any type of matter or proposal. The full text of the updated By-Laws is provided as Exhibit 3.1 to the report.
3D Systems Corp President and CEO Jeffrey A. Graves reported a routine tax-related share disposition. On April 14, 2026, 30,500 shares of common stock were withheld at $1.98 per share to cover tax obligations from the vesting of restricted stock granted on April 14, 2023. After this withholding, Graves directly holds 1,429,741 common shares, indicating he retains a substantial equity position in the company.
3D Systems executive Phyllis B. Nordstrom, EVP, CFO and CAO, reported a routine tax-related share disposition. On April 14, she had 1,626 shares of common stock withheld at $1.98 per share to cover tax obligations tied to the vesting of a restricted stock grant originally awarded on April 14, 2023.
After this withholding, she directly holds 793,267 shares of 3D Systems common stock. This transaction reflects tax withholding on equity compensation rather than an open-market sale and leaves her with a substantial remaining equity position.
3D Systems Corp EVP Reji Puthenveetil had 11,701 shares of common stock withheld on April 14, 2026 to cover tax obligations tied to a restricted stock vesting. These shares were valued at $1.98 per share for withholding purposes. After this non-market, tax-related disposition, Puthenveetil directly holds 502,128 shares of 3D Systems common stock.
3D Systems EVP Joseph R. Zuiker reported a routine tax-related share disposition. On the vesting of restricted stock granted on April 14, 2023, 5,327 shares of common stock were withheld at $1.98 per share to cover tax obligations. Following this withholding, Zuiker directly holds 278,051 shares of 3D Systems common stock, indicating this was a compensation and tax event rather than an open-market trade.
3D Systems Corp EVP and Chief Technology Officer Charles W. Hull reported a routine tax-withholding event related to equity compensation. On April 14, 2026, 4,102 shares of common stock were withheld at $1.98 per share to satisfy tax obligations on the vesting of restricted stock originally granted on April 14, 2023.
Following this event, Hull directly owns 186,565 shares of 3D Systems common stock. He also has an indirect holding of 331,955 shares through the Charles William Hull and Charlene Antoinette Hull 1992 Revocable Living Trust, where he serves as trustee. The filing does not show any open-market purchases or sales.
3D Systems Corporation is asking stockholders to vote at its virtual 2026 Annual Meeting on May 14, 2026. The proxy highlights a challenging year marked by macro uncertainty that reduced hardware systems revenue but showed resilient consumables use across the industry’s largest installed base. Management describes restructuring actions, including facility reductions and organizational streamlining, that lowered operating costs while maintaining significant R&D investment. Stockholders are asked to elect nine directors, approve 2025 executive pay on an advisory basis, ratify the independent auditor, approve an increase in authorized common shares, and amend and restate the 2015 Incentive Plan. The Board details progress in remediating prior material weaknesses in internal control, explains retaining Audit Committee Chair Claudia Drayton despite a failed 2025 vote, and outlines extensive governance, risk oversight, and sustainability practices.