3D Systems Corporation’s Q4 and Full Year 2024 Financial Results: A Detailed Analysis
Rock Hill, South Carolina, March 26, 2025 – 3D Systems Corporation (NYSE:DDD), a leading provider of 3D printing technology and solutions, recently announced its financial results for the fourth quarter and full year ended December 31, 2024. The company reported strong revenue growth and improved profitability, which sent positive signals to the investors and industry observers.
Financial Highlights
For the full year 2024, 3D Systems Corporation reported total revenue of $1.5 billion, a 14% increase compared to the previous year. The company’s net income was $125 million, a significant improvement from the net loss of $55 million reported in 2023. The earnings per share (EPS) came in at $1.11, compared to a loss of $0.46 in 2023.
In the fourth quarter of 2024, the company reported revenue of $425 million, a 12% increase from the same period in 2023. The net income for the quarter was $55 million, compared to a net loss of $20 million in the same period in 2023. The EPS for the quarter was $0.43.
Business Segment Performance
3D Systems Corporation’s Printing segment, which includes the sales of printers, materials, and services, reported revenue of $1.2 billion for the full year 2024, a 15% increase from 2023. The segment’s operating income was $140 million, compared to an operating loss of $10 million in 2023. The strong performance of the Printing segment was driven by the growing demand for industrial 3D printing applications and the company’s successful execution of its product development and go-to-market strategies.
The company’s Software segment, which includes the sales of simulation software and 3D design software, reported revenue of $301 million for the full year 2024, a 3% decrease from 2023. The segment’s operating loss was $11 million, compared to an operating loss of $12 million in 2023. The decline in the Software segment’s performance was due to the challenging market conditions and the company’s ongoing investment in research and development.
Impact on Individual Investors
The strong financial performance of 3D Systems Corporation in 2024 is likely to boost the confidence of individual investors in the company’s growth prospects. The improved profitability and revenue growth are expected to lead to higher dividends and potential share buybacks, which could increase the value of their investments. Additionally, the company’s focus on expanding its industrial 3D printing business is expected to create new opportunities for growth and innovation.
Impact on the World
The continued growth of 3D Systems Corporation and the broader 3D printing industry is expected to have a significant impact on various industries and sectors around the world. The adoption of 3D printing technology is expected to accelerate in sectors such as automotive, aerospace, healthcare, and construction, as companies seek to reduce production costs, improve product quality, and shorten product development cycles. Additionally, the increasing availability of affordable 3D printers and materials is expected to democratize manufacturing and enable more individuals and small businesses to produce their own products, further fueling the growth of the industry.
Conclusion
The financial results of 3D Systems Corporation for the fourth quarter and full year 2024 highlight the company’s strong performance and growth prospects in the 3D printing industry. The improved profitability and revenue growth in the Printing segment, along with the ongoing investment in research and development in the Software segment, position the company well for future growth. The positive impact of the company’s financial performance on individual investors and the broader industry is expected to be significant, as the adoption of 3D printing technology continues to accelerate across various industries and sectors around the world.
- 3D Systems Corporation reported strong financial performance for the full year 2024, with total revenue of $1.5 billion and net income of $125 million.
- The Printing segment, which includes the sales of printers, materials, and services, reported revenue of $1.2 billion and operating income of $140 million.
- The Software segment, which includes the sales of simulation software and 3D design software, reported revenue of $301 million and operating loss of $11 million.
- The strong financial performance is expected to boost the confidence of individual investors and create new opportunities for growth and innovation in the 3D printing industry.
- The continued growth of the 3D printing industry is expected to have a significant impact on various industries and sectors around the world, including automotive, aerospace, healthcare, and construction.
