Adds three new denture base shades (DP, LP, RP) to better match diverse natural gum tones and address real patient diversityExpands production flexibility for dental laboratoriesReinforces market leadership in monolithic, multi-material denture printingDelivers up to 300% faster production, over 50% less manual labor, and one-day turnaround (vs. five days traditional) — slashing labor, streamlining workflows, and cutting costs for labs ROCK HILL, S.C., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Today, 3D Systems (NY ...

Financial Data and Key Metrics Changes - The company's third quarter revenue was $91.2 million, down 13.8% year over year, consistent with normal seasonality trends [4][25] - Non-GAAP gross margin for the third quarter was 33%, compared to 38% in the prior year [26] - GAAP net loss for the quarter was $18 million, or a loss per share of $0.14, an improvement from a loss of $1.35 per share in the prior year [28][29] Business Line Data and Key Metrics Changes - Industrial solutions revenue was $48 million, down 16% year over year, primarily due to softness in printers and material sales in consumer-facing markets [25] - Healthcare solutions revenue decreased by 22% to $43 million, driven by lower sales in dental, while MedTech grew by 8% [26][12] - The dental market is expected to reach $1 billion in industry revenue across the US and Europe over the next several years [10] Market Data and Key Metrics Changes - The overall market for 3D printing remains challenging, with customers showing muted Capex spending due to uncertainty around tariffs [5] - The aerospace and defense segment grew nearly 50% year over year, indicating strong demand in that area [26] - The company is focusing on expanding its presence in the dental market, which is transitioning to 3D printing from traditional methods [11] Company Strategy and Development Direction - The company is rationalizing non-core assets and focusing on strategic investments in metal and polymer printing technology [6] - New printer platforms have been launched, particularly in the jewelry and dental markets, to drive future growth [7][9] - The company is also expanding its initiatives in Saudi Arabia to support local manufacturing and industrialization through 3D printing [17][19] Management's Comments on Operating Environment and Future Outlook - Management noted that the macro environment remains challenging but is taking aggressive actions to adjust the cost structure while maintaining core R&D investments [5] - The company expects continued reductions in operating expenses through the end of the year, targeting over $50 million in annualized savings by year-end [27][31] - Management expressed optimism about the growth potential in the dental market and the overall healthcare segment, anticipating it to be one of the largest revenue streams in the future [11][67] Other Important Information - The company completed the divestiture of its Geomagic software business, which will allow for a more accurate comparison of performance across periods [24] - The financial impact of the recent asset sales is expected to be approximately $1.2 million in revenue and $1 million on gross margin for Q4 [6] Q&A Session Summary Question: Can you touch on the decline in gross margins? - Management explained that the decline was due to the absence of a prior quarter's milestone revenue and some manufacturing variances [34][35] Question: Is there more to do on the cost cut efforts? - Management indicated that while significant strides have been made, there are still some facility consolidations to complete, with continued declines in operating expenses expected [36][39] Question: Can you provide more detail on the partnerships with Lockheed Martin and initiatives in the Middle East? - Management highlighted the importance of local manufacturing and innovation in Saudi Arabia, driven by defense contracts and local sourcing requirements [44][46] Question: What is driving the stabilization in the dental business? - Management noted that the dental market has several revenue streams, with materials for repairs being consistent, while aligner revenue is more volatile [51][54] Question: How will the denture initiative impact revenue? - Management expressed confidence that the denture market will become a more stable revenue stream due to the aging population and the efficiency of 3D printing [66][67]

Industry Overview - 3D Printing, or additive manufacturing, is a transformative technology that creates physical objects from digital designs by layering materials with high precision, significantly changing product design and manufacturing since the 1980s [1] - The technology is gaining traction across various sectors, including healthcare, aerospace, automotive, and consumer goods, due to its ability to produce complex shapes and reduce supply chain costs [3][4] Market Growth - The global 3D Printing market is projected to grow from $24.61 billion in 2024 to $29.29 billion in 2025, and is expected to reach $134.6 billion by 2034, with a CAGR of 18.52% [6] - The healthcare 3D Printing market is anticipated to increase from $1.66 billion in 2024 to $1.96 billion by the end of the year, with projections to exceed $8.71 billion by 2034, reflecting a CAGR of 18% [5] Regional Insights - North America currently leads the 3D Printing market with over 35% share, followed closely by Asia Pacific at 30%, with strong growth expected in the U.S. market at a CAGR of 19.18% from 2025 to 2034 [7] Key Players - Xometry, Proto Labs Inc., and Stratasys, Ltd. are recognized as leaders in the 3D Printing space, capitalizing on the technology's advantages in cost, customization, precision, and sustainability [2] - GE Aerospace has made significant investments in additive manufacturing, enhancing fuel efficiency in its engines by 10% to 15% through 3D-printed components [11][12][13] - PTC's Creo software is designed to optimize product development in 3D printing, offering advanced capabilities for manufacturers [15][16] - Carpenter Technology has developed its additive manufacturing capabilities through strategic acquisitions and is recognized for its versatile metal powder production [17][18][19] - Proto Labs is noted for its rapid prototyping and on-demand production capabilities, generating approximately $84 million in revenue from its 3D Printing services in 2024 [22] - 3D Systems provides a wide range of 3D printing solutions and has made strides in digital dentistry and bioprinting, collaborating on projects with NASA [23][24][25][26]

Core Viewpoint - 3D Systems has launched its NextDent Jetted Denture Solution, a first-to-market product that offers a faster, cost-effective, and scalable alternative to traditional denture fabrication, enhancing patient experience and providing a strong return on investment for dental labs [1][6][7]. Product Overview - The NextDent Jetted Denture Solution utilizes multiple materials in a single printing process to create durable, aesthetically pleasing monolithic dentures [1][6]. - The solution is based on the NextDent 300 MultiJet 3D printer, which allows for rapid production of patient-specific dentures without the need for post-curing steps [2][3]. - Two specialized FDA-cleared materials, NextDentJet Teeth and NextDent Jet Base, are used to ensure tooth rigidity and gum support while providing excellent aesthetics and toughness [2][3]. Manufacturing Efficiency - The continuous flow print process enables the production of single-piece dentures with significantly reduced lead times and labor costs, achieving production speeds that are up to 300% faster than traditional methods [3][4][9]. - The digital workflow can produce a final product in one day, compared to a five-day turnaround with traditional production methods [4][9]. Market Potential - The U.S. dental market for replacement products is projected to reach $600 million by 2029, with the overall U.S. dental market representing nearly $1 billion when combined with other segments [7][9]. - 3D Systems' NextDent Jetted Denture Solution is positioned as a key component of the company's strategy to address various facets of dentistry, including straightening, protecting, repairing, and replacing teeth [7][9]. Customer Feedback - Beta testing with leading dental labs has yielded positive feedback, highlighting the solution's ease of use, material properties, and efficiency improvements [4][9]. - Customers report significant reductions in fabrication time and labor costs, as well as enhanced patient experiences due to faster service and high-quality materials [9].