Nano Dimension (NNDM) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 19% YoY to $31.9M; continuing-operations net loss widened to $38.7M from $29.5M.

• Nine-month revenue increased 35% YoY to $90.6M; continuing-operations net loss was $115.1M, including $40.4M of goodwill impairment.

• Liquidity totaled $396.9M at quarter-end; near-term operating losses and negative cash flows are expected, with resources projected to cover needs for at least 12 months and into 2027.

• Priorities include profitable core-business growth, cost reduction, non-core asset monetization and disciplined capital allocation.

Financial highlights

• Q3 product revenue rose 30% YoY to $26.2M; service revenue fell 15% to $5.7M.

• Q3 GAAP gross profit rose 77.3% to $14.4M, with margin of 45.3% versus 30.3%; adjusted gross profit was $15.2M and adjusted margin was 47.6% versus 47.4%.

• Q3 GAAP operating loss was $39.0M versus $33.1M; continuing-operations net loss was $38.7M versus $29.5M.

• Nine-month product revenue rose 41% to $73.1M and service revenue increased 15% to $17.5M; gross profit was $39.9M versus $21.0M.

• Nine-month operating loss was $124.0M versus $116.7M; continuing-operations net loss was $115.1M versus $66.4M. 2025 net loss included $193.3M from discontinued operations.

Outlook and guidance

• FY 2026 financial guidance remains suspended amid strategic-plan actions and potential business changes.

• Near-term operating losses and negative cash flows are expected as investment continues, particularly in R&D and sales and marketing; available resources are expected to meet needs for at least 12 months and into 2027.

• Hardware sales are expected to grow through deeper penetration of existing markets and expansion into new markets, though near-term investments may mute profitability.

• The $42.5M Markforged sale to Stratasys is expected to close in Q4 2026, subject to regulatory approvals and customary closing conditions.