Latest news with #StratasysLtd
San Francisco Chronicle
5 days ago
- Business
- San Francisco Chronicle
Stratasys: Q2 Earnings Snapshot
MINNETONKA, Minn. (AP) — MINNETONKA, Minn. (AP) — Stratasys Ltd. (SSYS) on Wednesday reported a loss of $16.7 million in its second quarter. The Minnetonka, Minnesota-based company said it had a loss of 20 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 3 cents per share. The maker of 3D printers posted revenue of $138.1 million in the period. _____
Business Wire
5 days ago
- Business
- Business Wire
Stratasys Releases Second Quarter 2025 Financial Results
MINNETONKA, Minn. & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq: SSYS), a leader in polymer 3D printing solutions, today announced its financial results for the second quarter ended June 30, 2025. 'Our results once again reflect resilience from our recurring revenue streams and the reliance customers place on our additive manufacturing technologies," commented Dr. Yoav Zeif, Stratasys' Chief Executive Officer. 'Amidst prolonged macroeconomic uncertainty and restrained customer capital spending, our revenues this quarter grew slightly over the second quarter last year, as our business model continues to demonstrate significant staying power. Importantly, we are making meaningful progress in delivering on key use cases with major customers that will begin flowing through to our financial results in the future. While we cannot control the timing, we are encouraged by the substantial new business opportunities that we believe are advancing through final stages toward eventual award.' Dr. Zeif continued, 'Our recently bolstered balance sheet provides increased financial flexibility to invest in innovation, pursue growth opportunities, and execute enhanced operational efficiency. Despite the quality of our pipeline, the macroeconomic improvement that is likely to drive increased capital spending by our customers is taking longer than we previously anticipated. We view the impact of these headwinds as transitory, and our longer-term expectations for the industry and our leadership in it as unchanged. Our comprehensive technology portfolio and the inherent advantages of additive manufacturing position us well to capture opportunities and deliver sustainable value for all stakeholders once these challenges inevitably subside.' Summary - Second Quarter 2025 Financial Results Compared to Second Quarter 2024: Revenue of $138.1 million compared to $138.0 million. GAAP gross margin of 43.1%, compared to 43.8%. Non-GAAP gross margin of 47.7%, compared to 49.0%. GAAP operating loss of $16.6 million, compared to an operating loss of $26.0 million. Non-GAAP operating income of $1.1 million, compared to an operating loss of $3.2 million. GAAP net loss of $16.7 million, or $0.20 per diluted share, compared to a net loss of $25.7 million, or $0.36 per diluted share. Non-GAAP net income of $2.2 million, or $0.03 per diluted share, compared to a net loss of $3.0 million, or $0.04 per diluted share. Adjusted EBITDA of $6.1 million, compared to $2.3 million. Cash used in operating activities of $1.1 million, compared to $2.4 million. Financial Outlook: Based on current market conditions and assuming that the impacts of tariff policy, global inflationary pressures, relatively high interest rates and supply chain costs do not impede economic activity further, the Company is updating its outlook for 2025 to be as follows: Full year revenue of $550 million to $560 million. Third quarter slightly lower to slightly higher than second quarter, fourth quarter higher than third quarter. Full year non-GAAP gross margins of 46.7% to 47.0%. Full year operating expenses to range from $248 million to $251 million. Full year non-GAAP operating margins to range from 1.5% to 2.0%. Adjusted EBITDA ranging from $30 million to $32 million. Fourth quarter 2025 Adjusted EBITDA to be 8.0% or more of revenue. Capital expenditures ranging from $20 million to $25 million. Positive operating cash flow. GAAP net loss ranging from $77 million to $66 million, and GAAP EPS of ($0.94) to ($0.80). Non-GAAP net income ranging from $11 million to $13 million, and Non-GAAP EPS ranging from $0.13 to $0.16. Appropriate reconciliations between historical GAAP and non-GAAP financial measures, as well as between the GAAP and non-GAAP financial measures included in our updated financial outlook for 2025, are provided in the tables at the end of our press release and slide presentation, with itemized detail concerning the non-GAAP financial measures. We have not included, however, a reconciliation of our guidance for non-GAAP gross margins to the most directly comparable GAAP financial measure, as we are unable to do so without unreasonable effort or with reasonable certainty from a quantitative perspective. Stratasys Ltd. Second Quarter 2025 Webcast and Conference Call Details The Company plans to webcast its conference call to discuss its second quarter 2025 financial results on Wednesday, August 13, 2025, at 8:30 a.m. (ET). The investor conference call will be available via live webcast on the Stratasys Web site at or directly at the following web address: To participate by telephone, the U.S. toll-free number is 877-407-0619 and the international dial-in is +1-412-902-1012. Investors are advised to dial into the call at least ten minutes prior to the call to register. The webcast will be available for six months at or by accessing the above-provided web address. Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products, healthcare, fashion and education. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world's leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care. To learn more about Stratasys, visit the Stratasys blog, Twitter, LinkedIn, or Facebook. Stratasys reserves the right to utilize any of the foregoing social media platforms, including the Company's websites, to share material, non-public information pursuant to the SEC's Regulation FD. To the extent necessary and mandated by applicable law, Stratasys will also include such information in its public disclosure filings. Stratasys is a registered trademark and the Stratasys signet is a trademark of Stratasys Ltd. and/or its subsidiaries or affiliates. All other trademarks are the property of their respective owners. Cautionary Statement Regarding Forward-Looking Statements The statements in this press release regarding Stratasys' strategy, and the statements regarding its projected future financial performance, including the financial guidance concerning its expected results for 2025 and beyond, are forward-looking statements reflecting management's current expectations and beliefs. These forward-looking statements are based on current information that is, by its nature, subject to rapid and even abrupt change. Due to risks and uncertainties associated with Stratasys' business, actual results could differ materially from those projected or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to: the extent of our success at introducing new or improved products and solutions that gain market share; the extent of growth of the 3D printing market generally; the global macro-economic environment, including the impact of increased and/or reciprocal import tariffs that have been imposed by the U.S. and other countries; global trends involving inflation, interest rates, economic activity and currency exchange rates, and their impact on the additive manufacturing industry, our company and our customers, in particular; changes in our overall strategy, including as related to any restructuring activities and our capital expenditures; the impact of potential shifts in the prices or margins of the products that we sell or services that we provide, including due to a shift towards lower margin products or services; the impact of competition and new technologies; potential further charges against earnings that we could be required to take due to impairment of additional goodwill or other intangible assets; the extent of our success at successfully consummating and integrating into our existing business acquisitions or investments in new businesses, technologies, products or services; the potential adverse impact of global interruptions and delays involving freight carriers and other third parties on our supply chain and distribution network; global market, political and economic conditions, and in the countries in which we operate in particular; potential adverse effects of Israel's retaliatory war against the terrorist organizations Hamas and Hezbollah, Iran, and, intermittently, its conflict with the Houthi terrorist group in Yemen; costs and potential liability relating to litigation and regulatory proceedings; risks related to infringement of our intellectual property rights by others or infringement of others' intellectual property rights by us; the extent of our success at maintaining our liquidity and financing our operations and capital needs; the impact of tax regulations on our results of operations and financial condition; and those additional factors referred to in Item 3.D 'Key Information - Risk Factors', Item 4, 'Information on the Company', Item 5, 'Operating and Financial Review and Prospects,' and all other parts of our Annual Report on Form 20-F for the year ended December 31, 2024, which we filed with the U.S. Securities and Exchange Commission, or SEC, on March 6, 2025 (the ' 2024 Annual Report '). Readers are urged to carefully review and consider the various disclosures made throughout our 2024 Annual Report and the Reports of Foreign Private Issuer on Form 6-K that attach Stratasys' unaudited, condensed consolidated financial statements and its review of its results of operations and financial condition, for the quarterly periods throughout 2025, which have been or will be furnished to the SEC throughout 2025, and our other reports filed with or furnished to the SEC, which are designed to advise interested parties of the risks and factors that may affect our business, financial condition, results of operations and prospects. Any guidance provided, and other forward-looking statements made, in this press release are provided or made (as applicable) as of the date hereof, and Stratasys undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Use of Non-GAAP Financial Measures The non-GAAP data included herein, but not limited, which excludes certain items as described below, are non-GAAP financial measures. Our management believes that these non-GAAP financial measures are useful information for investors and shareholders of our company in gauging our results of operations. Our management utilizes these non-GAAP measures to enable us to assess our financial results (i) on an ongoing basis after excluding mergers, acquisitions and divestments related expense or gains and reorganization-related charges or gains, and legal provisions, (ii) excluding non-cash items such as share-based compensation expenses, acquired intangible assets amortization, including intangible assets amortization related to equity method investments, impairment of long-lived assets and goodwill, revaluation of our investments and the corresponding tax effect of those items, (iii) for certain non-GAAP measures, after eliminating the impact of changes attributable to currency exchange rate fluctuations, and (iv) after excluding changes in revenues solely attributable to divestitures of former subsidiary companies. The items eliminated as part our calculation of our non-GAAP financial measures either do not reflect actual cash outlays that impact our liquidity and our financial condition or have a non-recurring impact on the statement of operations, as assessed by management. Our non-GAAP financial measures are presented to permit investors to more fully understand how management assesses our performance for internal planning and forecasting purposes. The limitations of using these non-GAAP financial measures as performance measures are that they provide a view of our results of operations without including all items indicated above during a period, which may not provide a comparable view of our performance to other companies in our industry. Investors and other readers should consider non-GAAP measures only as supplements to, not as substitutes for or as superior measures to, the measures of financial performance prepared in accordance with GAAP. Reconciliation between results on a GAAP and non-GAAP basis is provided in the tables below. Stratasys Ltd. Consolidated Balance Sheets (U.S. $ in thousands, except share data) (Unaudited) December 31, 2024 ASSETS Current assets Cash and cash equivalents $ 71,073 $ 70,200 Short-term bank deposits 183,500 80,500 Accounts receivable, net of allowance for credit losses of $3,300 and $3,058 as of June 30, 2025 and December 31, 2024, respectively 157,869 152,979 Inventories 164,585 179,809 Prepaid expenses 9,481 7,630 Other current assets 28,338 21,843 Total current assets 614,846 512,961 Non-current assets Property, plant and equipment, net 190,358 184,379 Goodwill 101,569 99,082 Other intangible assets, net 106,013 106,253 Operating lease right-of-use assets 30,723 32,169 Long-term investments 79,268 80,205 Other non-current assets 16,210 14,697 Total non-current assets 524,141 516,785 Total assets $ 1,138,987 $ 1,029,746 LIABILITIES AND EQUITY Current liabilities Accounts payable $ 38,148 $ 44,977 Accrued expenses and other current liabilities 38,741 39,749 Accrued compensation and related benefits 30,316 29,206 Deferred revenues - short-term 51,805 46,347 Operating lease liabilities - short-term 7,039 6,935 Total current liabilities 166,049 167,214 Non-current liabilities Deferred revenues - long-term 19,752 19,057 Deferred income taxes 469 507 Operating lease liabilities - long-term 24,043 25,155 Contingent consideration - long-term 5,153 4,933 Other non-current liabilities 21,140 19,889 Total non-current liabilities 70,557 69,541 Total liabilities $ 236,606 $ 236,755 Contingencies (see note 12) Equity Ordinary shares, NIS 0.01 nominal value, authorized 180,000 shares; 85,249 shares and 71,982 shares issued at June 30, 2025 and December 31, 2024, respectively; 84,983 shares and 71,716 shares outstanding at June 30, 2025 and December 31, 2024, respectively $ 238 $ 202 Treasury shares at cost, 266 shares at June 30, 2025 and December 31, 2024 (1,995 ) (1,995 ) Additional paid-in capital 3,260,364 3,123,024 Accumulated other comprehensive loss (6,218 ) (8,031 ) Accumulated deficit (2,350,008 ) (2,320,209 ) Total equity 902,381 792,991 Total liabilities and equity $ 1,138,987 $ 1,029,746 Expand Stratasys Ltd. Consolidated Statements of Operations (U.S. $ in thousands, except share data) Three Months Ended June 30, Six Months Ended June 30, (Unaudited) 2025 2024 2025 2024 Revenues Products $ 94,791 $ 93,594 $ 188,586 $ 192,790 Services 43,295 44,447 85,546 89,301 138,086 138,041 274,132 282,091 Cost of revenues Products 48,617 46,756 95,885 96,513 Services 29,975 30,785 58,514 61,181 78,592 77,541 154,399 157,694 Gross profit 59,494 60,500 119,733 124,397 Operating expenses Research and development, net 19,921 25,680 38,713 49,657 Selling, general and administrative 56,193 60,863 110,044 125,236 76,114 86,543 148,757 174,893 Operating loss (16,620 ) (26,043 ) (29,024 ) (50,496 ) Financial income (expenses), net 3,286 (726 ) 4,759 491 loss before income taxes (13,334 ) (26,769 ) (24,265 ) (50,005 ) Income tax expenses 1,041 762 1,496 1,478 Share in profits (losses) of associated companies (2,370 ) 1,788 (4,038 ) (243 ) Net loss $ (16,745 ) $ (25,743 ) $ (29,799 ) $ (51,726 ) Net loss per ordinary share - basic and diluted $ (0.20 ) $ (0.36 ) $ (0.38 ) $ (0.74 ) Weighted average ordinary shares outstanding - basic and diluted 83,485 70,746 77,722 70,367 Expand Stratasys Ltd. Reconciliation of GAAP to Non-GAAP Results of Operations Three Months Ended June 30, 2025 Non-GAAP 2025 2024 Non-GAAP 2024 GAAP Adjustments Non-GAAP GAAP Adjustments Non-GAAP U.S. dollars and shares in thousands (except per share amounts) Gross profit (1) $ 59,494 $ 6,323 $ 65,817 $ 60,500 $ 7,175 $ 67,675 Operating income (loss) (1,2) (16,620 ) 17,736 1,116 (26,043 ) 22,845 (3,198 ) Net income (loss) (1,2,3) (16,745 ) 18,925 2,180 (25,743 ) 22,774 (2,969 ) Net income (loss) per diluted share (4) $ (0.20 ) $ 0.23 $ 0.03 $ (0.36 ) $ 0.32 $ (0.04 ) (1) Acquired intangible assets amortization expenses 4,517 4,489 Non-cash share-based compensation expenses 746 1,010 Restructuring and other expenses 1,060 1,676 6,323 7,175 (2) Acquired intangible assets amortization expenses 915 1,111 Non-cash share-based compensation expenses 5,392 6,335 Restructuring and other related costs 460 3,639 Contingent consideration 643 523 Legal and other expenses 4,003 4,062 11,413 15,670 17,736 22,845 (3) Corresponding tax effect 182 204 Equity method related expenses (income) 1,067 (1,593 ) Finance expenses (income) (60 ) 1,318 $ 18,925 $ 22,774 (4) Weighted average number of ordinary shares outstanding - Diluted 83,485 84,024 70,746 70,746 Expand Stratasys Ltd. Reconciliation of GAAP to Non-GAAP Results of Operations Six Months Ended June 30, 2025 Non-GAAP 2025 2024 Non-GAAP 2024 U.S. dollars and shares in thousands (except per share amounts) Gross profit (1) $ 119,733 $ 11,733 $ 131,466 $ 124,397 $ 13,314 $ 137,711 Operating income (loss) (1,2) (29,024 ) 33,186 4,162 (50,496 ) 46,099 (4,397 ) Net income (loss) (1,2,3) (29,799 ) 34,857 5,058 (51,726 ) 47,073 (4,653 ) Net income (loss) per diluted share (4) $ (0.38 ) $ 0.44 $ 0.06 $ (0.74 ) $ 0.67 $ (0.07 ) (1) Acquired intangible assets amortization expenses 9,005 9,573 Non-cash share-based compensation expenses 1,454 1,962 Restructuring and other expenses 1,274 1,779 11,733 13,314 (2) Acquired intangible assets amortization expenses 1,855 3,570 Non-cash share-based compensation expenses 10,897 14,032 Restructuring and other related costs 1,592 4,559 Revaluation of investment - 1,900 Contingent consideration 1,288 1,034 Legal and other expenses 5,821 7,690 21,453 32,785 33,186 46,099 (3) Corresponding tax effect 266 438 Equity method related expenses (income) 1,908 (629 ) Finance expenses (income) (503 ) 1,165 $ 34,857 $ 47,073 (4) Weighted average number of ordinary shares outstanding - Diluted 77,722 78,321 70,367 70,367 Expand Stratasys Ltd. Reconciliation of GAAP net loss to Adjusted EBITDA Three months ended June 30, Six months ended June 30, 2025 2024 2025 2024 U.S. $ in thousands U.S. $ in thousands Net loss $ (16,745 ) $ (25,743 ) $ (29,799 ) $ (51,726 ) Financial expenses (income), net (3,286 ) 726 (4,759 ) (491 ) Income tax expenses 1,041 762 1,496 1,478 Share in losses (profits) of associated companies 2,370 (1,788 ) 4,038 243 Depreciation expenses 5,129 5,482 10,463 10,787 Amortization expenses 5,442 5,600 10,879 13,143 Non-cash share-based compensation expenses 6,138 7,345 12,351 15,994 Revaluation of investment - - - 1,900 Contingent consideration 643 523 1,288 1,034 Legal and other expenses 3,878 4,062 5,554 7,690 Restructuring and other expenses 1,519 5,315 2,788 6,338 Adjusted EBITDA $ 6,129 $ 2,284 $ 14,299 $ 6,390 Expand
Yahoo
07-08-2025
- Automotive
- Yahoo
Toyota Accelerates Production Innovation with Stratasys; Drives Efficiency, and Improves Lead Times with Additive Manufacturing
Longstanding partnership with Stratasys increases worker safety, and fuels on-demand factory tooling MINNETONKA, Minn. & REHOVOT, Israel, August 07, 2025--(BUSINESS WIRE)--Stratasys Ltd. (NASDAQ: SSYS), announced today that Toyota's production engineering group is accelerating innovation on the factory floor through its strategic collaboration with Stratasys. The automaker is empowering automotive workers to seamlessly integrate advanced 3D printing technology in their manufacturing process, taking tools, fixtures and jigs from initial concept to working prototype in just one day. Through the more than 10-year partnership with Stratasys, Toyota engineers have access to industrial-grade 3D printers and advanced materials designed to withstand tough factory conditions. These Stratasys high-performance polymers reduce reliance on external suppliers and long lead times, giving frontline engineering teams the ability to iterate rapidly and adapt to shifting production needs in real time. Toyota is currently using the Stratasys F3300, F900, Origin One, F770, Neo800, H350, F370, J850, and Fortus 450mc printers to produce robust factory tooling, end-use parts, and functional prototypes throughout its North American facilities. See how Toyota is using additive manufacturing in this video. By integrating Stratasys industrial 3D printing solutions across its North American operations, Toyota can transform ideas into durable, customized tools that support workflows, enhance worker safety, and withstand wear and tear. Much of this work is powered by the Toyota Add Lab, the company's in-house additive manufacturing center that was opened in January 2023 and dedicated to accelerating R&D and factory innovation. "Sometimes we start with nothing more than a sketch on paper or an idea in our heads," said Dallas Martin, Additive Manufacturing Engineer at Toyota North America. "We can model it digitally and hold a working part in our hands the very next day. That speed lets us move quickly, implement safer solutions, and continuously iterate to improve our processes." The collaboration reflects Stratasys' broader commitment to helping automotive leaders transform their manufacturing workflows with scalable, cost-effective additive solutions that drive innovation. From jigs and fixtures to ergonomic aids and complex assembly tools, additive manufacturing is helping Toyota team members solve production challenges with unprecedented speed and flexibility. "Additive manufacturing has transformed how our teams collaborate and innovate," said Lisa Bednar, Group Manager, Production Engineering at Toyota North America. "Instead of sending an idea out and waiting weeks for a part, we're building it ourselves, refining it the same day, and getting it into production faster. It's not just about speed — it's about giving our people the tools to think differently and act immediately." Thanks in part to the Add Lab's innovations, Toyota engineers have used 3D printing to redesign a door assembly fixture, creating a lighter, more ergonomic tool on-site in just a few days. In another case, they developed a custom window alignment jig that turned a multi-person job into a one-person task, boosting both safety and efficiency. "Toyota is a standout example of how leading manufacturers are leveraging additive manufacturing to deliver meaningful operational impact," said Rich Garrity, Chief Industrial Business Officer at Stratasys. "Their teams are using our technology to move faster, adapt on the fly, and build safer, more efficient production environments. We're proud to support a partner that's turning bold ideas into real-world, measurable improvements on the factory floor." About Stratasys Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products, and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world's leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care. To learn more about Stratasys, visit the Stratasys blog, X/Twitter, LinkedIn, or Facebook. Stratasys reserves the right to utilize any of the foregoing social media platforms, including Stratasys' websites, to share material, non-public information pursuant to the SEC's Regulation FD. To the extent necessary and mandated by applicable law, Stratasys will also include such information in its public disclosure filings. View source version on Contacts Media and Investor contacts: Stratasys Corporate, North America & EMEA Chris +1 651 357 0877 Stratasys Corporate, Israel & EMEA Erik +972 74 745 6053 Investor Relations Yonah +972 74 745 4919
Business Wire
30-07-2025
- Business
- Business Wire
Stratasys Conference Call to Discuss Second Quarter 2025 Financial Results
MINNETONKA, Minn. & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq: SSYS) will release financial results for the second quarter ended June 30, 2025, on Wednesday, August 13, 2025. The Company plans to hold the conference call to discuss its second quarter 2025 financial results on Wednesday, August 13, 2025, at 8:30 a.m. (ET). The investor conference call will be available via live webcast on the Stratasys Web site at or directly at the following web address: To participate by telephone, the U.S. toll-free number is 877-407-0619 and the international dial-in is +1-412-902-1012. Investors are advised to dial into the call at least ten minutes prior to the call to register. The webcast will be available for 6 months at or by accessing the above-provided web address. Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world's leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care. To learn more about Stratasys, visit the Stratasys blog, Twitter, LinkedIn, or Facebook. Stratasys reserves the right to utilize any of the foregoing social media platforms, including the company's websites, to share material, non-public information pursuant to the SEC's Regulation FD. To the extent necessary and mandated by applicable law, Stratasys will also include such information in its public disclosure filings. Stratasys is a registered trademark and the Stratasys signet is a trademark of Stratasys Ltd. and/or its subsidiaries or affiliates. All other trademarks are the property of their respective owners.
Business Wire
23-07-2025
- Business
- Business Wire
Stratasys Launches GrabCAD Print Pro™ 2025 to Accelerate Production Fixture Creation and Streamline Additive Workflows
MINNETONKA, Minn. & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (NASDAQ: SSYS) today announced the release of GrabCAD Print Pro™ 2025, an important update to its print preparation software designed to reduce time, complexity, and cost across additive manufacturing operations. The software update includes full integration of fixturemate™, a design automation application developed by trinckle to simplify fixture design. fixturemate allows users to generate production-ready fixtures in minutes – no CAD experience required. With full integration of fixturemate, and enhanced features like 3D textures, void body creation, and multi-session support, the new version gives users more control over part functionality and throughput while simplifying production workflows and reducing reliance on traditional engineering resources. Manufacturers increasingly rely on additive manufacturing to improve agility on the factory floor, but many still face bottlenecks caused by fragmented software workflows and the need for skilled engineering labor. GrabCAD Print Pro™ 2025 shifts the work of fixture design from design engineers downstream to AM operators - enabling GrabCAD Print Pro users to independently create fixtures within GrabCAD Print Pro instead of the traditional way of using different CAD tools by different users with specialized design skills. Simplifying this process reduces creating new fixtures from days to hours. "Before GrabCAD Print Pro '25, even a simple fixture might take a day or more and require CAD skills and a manufacturing engineer," said Jeff McGarry, Managing Partner at Automation Intelligence. "With GrabCAD Print Pro '25 and fixturemate, we've dramatically accelerated our design workflow, turning concepts into printable CAD models faster than ever before." The release builds on Stratasys' commitment to deliver open, connected solutions that solve real manufacturing challenges. Customers can now: Create production-ready fixtures without CAD tools or licenses, reducing fixture design time by up to 80%. Apply 3D textures directly in GrabCAD Print Pro, enhancing grip, fit, and aesthetics while avoiding file size issues from traditional CAD workflows. Use insert and void body tools to improve part functionality and reduce support material and post-processing. Run multiple print prep sessions in parallel, scaling setup across print jobs and increasing overnight/weekend utilization. Consolidate multiple software licenses into a single platform with support for all five Stratasys technologies and select third-party powder bed fusion (PBF) and stereolithography (SL) systems. 'GrabCAD Print Pro 2025 reflects our platform approach to additive manufacturing—focused on eliminating workflow barriers while expanding material and printer support,' said Victor Gerdes, Vice President of Software, Stratasys. 'We're addressing real-world constraints, like labor shortages and software complexity, with tools that put more capability into the hands of the people running the printers. This release gives manufacturers the flexibility and scale they need to move faster.' GrabCAD Print Pro 2025 is available through Stratasys' direct and indirect channels. A 30-day free trial with full-feature access is available now. For more information, visit About Stratasys Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products, and healthcare. Through smart and connected 3D printers, polymer materials, a software ecosystem, and parts on demand, Stratasys solutions deliver competitive advantages at every stage in the product value chain. The world's leading organizations turn to Stratasys to transform product design, bring agility to manufacturing and supply chains, and improve patient care. To learn more about Stratasys, visit the Stratasys blog, X/Twitter, LinkedIn, or Facebook. Stratasys reserves the right to utilize any of the foregoing social media platforms, including Stratasys' websites, to share material, non-public information pursuant to the SEC's Regulation FD. To the extent necessary and mandated by applicable law, Stratasys will also include such information in its public disclosure filings. Stratasys, GrabCAD and GrabCAD Print Pro are trademarks or registered trademarks of Stratasys Ltd. and/or its affiliates. Trinckle and fixturemate are trademarks or registered trademarks of trinckle 3D GmbH. Learn more at Note Regarding Forward-Looking Statement The statements in this press release relating to Stratasys' expectations of the benefits that it will receive from its partnership with trinckle, are forward-looking statements reflecting management's current expectations and beliefs. These forward-looking statements are based on current information that is, by its nature, subject to rapid and even abrupt change. Due to risks and uncertainties associated with Stratasys' business, actual results could differ materially from those projected or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to: the risk that the benefits that Stratasys expects from the partnership will not materialize, or could be less, than Stratasys currently expects, due to technical or other unforeseen reasons; and other risk factors more fully explained under the caption 'Risk Factors' in Stratasys' most recent Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC) on March 3, 2015. Stratasys is under no obligation (and expressly disclaims any obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by the rules and regulations of the SEC.
