Farsoon Revenue Climbs 42% in H1 as Metal and Polymer Sales Accelerate

Farsoon Extends Its Lead at the Top of the Industrial 3D Printing Market

Farsoon Technologies turned in a strong first-half performance, reporting revenue of CNY 340.52 million for the six months ended June 30, 2026. That is a 42% increase over the same period last year and enough to push the company's annualized run rate past CNY 680 million. Net income climbed to CNY 8.43 million, nearly double the CNY 4.51 million posted in H1 2025.

The results put Farsoon at the top of the weekly 3D printing market-cap leaderboard, with a valuation near $5.85 billion as of mid-August. The company has extended its lead over rivals by a wide margin, helped by a product lineup that spans both polymer and metal powder bed fusion systems and by growing demand from aerospace, automotive, and medical customers.

What Drove the Growth

Farsoon's revenue growth is broad-based. The company has shipped more than 1,400 systems globally, with over 800 of those being metal 3D printers. Cumulative system sales have climbed steadily as the company pushes into new regions and verticals. Polymer SLS machines remain a strong contributor, but the metal side is where the margin expansion is most visible.

Management noted that demand for domestic and international metal powders is accelerating, especially for titanium, aluminum, and refractory alloys. That aligns with a broader industry trend: aerospace and defense customers are qualifying more production parts for additive manufacturing and moving past prototyping into repeat manufacturing. Farsoon's open-parameter strategy, which lets users tune laser and scan settings without vendor lock-in, appears to be resonating with industrial buyers who want process control.

The Competitive Position

Farsoon now sits ahead of Xometry, Bright Laser, and Shining 3D in market capitalization, a ranking that shifts with quarterly earnings and stock moves. The company's strength is its balance sheet: it has invested heavily in capacity, talent, and R&D while keeping unit economics healthy. Profit growth is slower than revenue growth, which is typical for a company in expansion mode, but the trajectory is clearly improving.

Rivals in the industrial metal space, including 3D Systems and EOS, are also growing, but Farsoon's combination of large-format polymer machines and increasingly capable metal systems gives it a broader addressable market. The FS811M, with its 840 by 840 by 960 mm build volume and up to 12 lasers, is one of the largest metal LPBF systems available and is aimed directly at the high-volume aerospace and defense segments that are driving capital expenditure right now.

What Comes Next

The second half of 2026 will test whether Farsoon can maintain this pace. The company is expanding production capacity and pushing into new material qualifications, including high-temperature polymers and titanium aluminides. If defense and aerospace spending keeps accelerating, Farsoon is positioned to capture a meaningful share. Investors have already priced in much of the optimism, but the H1 results suggest the business is executing against that expectation rather than just talking about it.