Materialise (MTLS) Q3 2026 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 2026 earnings summary
28 Oct, 2026Executive summary
Q3 revenue rose 2.1% YoY to €67.670M; growth was 4.9% excluding recent divestitures.
Medical revenue grew 9.7%; Manufacturing grew 1.5% excluding divestitures. Net profit was €1.383M.
Net cash reached €82.473M, up €11.668M from year-end 2025.
Financial highlights
Gross profit rose 3.7% to €39.035M; gross margin was 57.7%, up 90 bps YoY.
Adjusted EBIT was €2.485M vs. €2.918M; Adjusted EBITDA was €8.046M vs. €8.428M.
Operating profit was €1.343M vs. €2.522M; net profit was €1.383M vs. €1.848M, with diluted EPS of €0.02 vs. €0.03.
R&D, sales and marketing, and G&A expenses rose 7.8% to €38.830M, driven mainly by 11.9% higher R&D spending.
Outlook and guidance
FY26 revenue guidance of €273M–€283M and Adjusted EBIT guidance of €12M–€14M were reaffirmed, absorbing the impact of RapidFit and Eyewear divestitures.
Priorities include strategy execution, targeted investment, cost control and cash generation.
Latest events from Materialise
- FY revenue and adjusted EBITDA grew; 2024 revenue guidance is €265–275m.MTLS
Q4 2023 - Q2 2026 revenue up 8.1%, net profit surged, and full-year EBIT guidance was raised.MTLS
Q2 2026 - Stable revenue and improved profitability in Q1 2026 support reaffirmed full-year guidance.MTLS
Q1 2026 - Q4 revenue up 6.8%, Medical segment leads, 2026 EBIT guided at EUR 10–12 million.MTLS
Q4 2025 - Medical segment growth offsets overall revenue decline; cost control sustains profitability.MTLS
Q2 2025 - Q3 2024 revenue up 14.2% to €68.7M, led by Medical; full-year outlook reaffirmed.MTLS
Q3 2024 - Record Q2 revenue and profit, led by Medical growth and strategic medical technology expansion.MTLS
Q2 2024 - Medical segment drove 4.3% revenue growth, but profits fell; 2025 guidance unchanged.MTLS
Q1 2025 - Medical growth drove profit gains, but Manufacturing and Software faced headwinds in 2024.MTLS
Q4 2024