3D Systems Q4 2025: Healthcare and Aerospace Drive Strong Finish to Year

Healthcare and Dental Lead the Way

3D Systems (NYSE: DDD) finished 2025 on a strong note, with Q4 revenue reaching $106.3 million—a 16% increase from the previous quarter. The company attributed this growth to rising demand for 3D printing in healthcare, dental, and aerospace applications.

The Healthcare Solutions segment proved to be the star performer, generating $50.5 million in Q4—a remarkable 25% increase year-over-year. Much of this growth came from the personalized health services business, which includes patient-specific medical devices and surgical planning services.

CEO Jeffrey Graves highlighted the company"s expansion into the trauma market: "Within med tech, our personalized health services business delivered strong double-digit year-over-year growth in the fourth quarter and has become the largest segment within our healthcare business. This growth is being fueled by our expansion into the trauma market, enabled by shorter cycle times for surgical planning and execution."

Dental applications also showed strong momentum, with the business growing at a double-digit rate. The recovery in the aligner market and the launch of new denture technology—including the NextDent Jetted Denture Solution that produces full dentures in a single print—drove this growth.

Aerospace Emerging as Key Growth Driver

While industrial markets showed mixed results—with Industrial Solutions revenue declining 21% year-over-year to $55.8 million—aerospace and defense stood out as a highlight. Revenue in this sector grew 16% for the full year, slightly exceeding the company"s internal target of 15%.

Gravity noted that aerospace and defense customers are increasingly using AM as a production method rather than just for prototyping. The company expects this sector to grow roughly 20% in 2026.

Financial Improvements

Despite the revenue challenges in industrial markets, 3D Systems made significant strides in improving its financial position. The company"s cost-cutting programs produced approximately $55 million in annualized savings during 2025.

Net loss for Q4 improved to $19.5 million, down $14.2 million from the previous year. The company ended the year with $97.1 million in cash, compared with about $171 million at the end of 2024, after restructuring debt and eliminating most 2026 debt obligations.

Looking Ahead to 2026

For Q1 2026, 3D Systems expects revenue between $91 million and $94 million. The company remains focused on its three priority markets: med tech, dental, and aerospace and defense.

"These three markets have been a particular focus for our new product development over the last several years, and we believe they offer sustained growth opportunities over the next decade," Graves stated.