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Materialise
Materialise (MTLS) investor relations material
Materialise Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary19 Feb, 2026
Executive summary
Achieved dual listing on Euronext Brussels alongside Nasdaq, expanding the investor base and operational flexibility, and launched a share buyback program up to EUR 30 million.
Surpassed 700,000 patients treated with personalized medical solutions, with over 70,000 treated in 2025.
Advanced in healthcare, aerospace, and defense with new software launches, workflow automation, and major contracts including Boeing and Eurodrone.
Consolidated online manufacturing platforms to focus on professional 3D printing and series production.
Euronext Tech Leaders 2025 Listing Award and non-recurring costs of EUR 0.75 million related to the listing.
Financial highlights
Q4 2025 revenue grew 6.8% year-over-year to EUR 70.2 million; full-year revenue was stable at EUR 268 million.
Q4 gross profit margin was 58.1% (EUR 40.8 million); full-year gross margin 57.1%.
Q4 adjusted EBITDA more than doubled to EUR 9.5 million (13.6% margin); full-year adjusted EBITDA was EUR 32.4 million (12.1% margin).
Q4 adjusted EBIT was EUR 4 million (5.7% margin); full-year adjusted EBIT was EUR 10.6 million (4.0% margin).
Net cash position at year-end was EUR 70.8 million, with cash reserves of EUR 134 million and gross debt of EUR 63.1 million.
Outlook and guidance
2026 revenue expected between EUR 273 million and EUR 283 million.
Adjusted EBIT guidance for 2026 is EUR 10 million–EUR 12 million.
Medical segment to continue double-digit growth; software to complete cloud-based subscription transition; manufacturing to focus on series production amid macroeconomic headwinds.
Continued investment in medical and software, with disciplined cost control in manufacturing and overhead.
Actively pursuing strategic M&A opportunities.
Manufacturing segment EBITDA breakeven plan?
Software revenue growth post-subscription transition?
M&A strategy for cash deployment?
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Next Materialise earnings date
Q1 202629 Apr, 2026
Materialise
Next Materialise earnings date
Q1 202629 Apr, 2026
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Frequently asked questions
Materialise NV provides services and software for additive manufacturing, 3D printing and aiding medical research. The company develops its products and services following a procedure known as the 'Bespoke Approach', which aims to give its customers the best possible individual service. By using the latest technology and techniques, Materialise NV are able to deliver products of the highest quality. Materialise NV is based in Leuven, Belgium.
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