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3D SYSTEMS CORP (DDD)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-05-18Dec-31-17Dec-31-16
   10-K10-K10-K10-K10-K8-K10-K10-K
Revenues:  
    United States  304.5341.1275.1313.9336.5 322.4329.6
    EMEA        220.4193.1
    Americas        221.264.5
    Materials        168.8156.8
    Other  233.5274.5282.1322.4355.0   
Total revenues   [+]538.0615.6557.2636.4691.5687.7646.1633.0
            Revenue growth   [+]-12.6%10.5%-12.4%-8.0%7.0% 2.1%-5.0%
Cost of goods sold   [+]323.8351.9333.9355.8367.2363.3341.2323.2
Gross profit  214.2263.8223.4280.5324.4324.4304.8309.8
            Gross margin  39.8%42.8%40.1%44.1%46.9%47.2%47.2%48.9%
Selling, general and administrative  244.2227.7219.9254.4272.3272.3264.2259.8
Research and development  87.169.274.183.395.395.394.688.4
Other operating expenses   -1.1-20.1     
EBITDA   [+]-78.32.7-6.0-6.716.116.18.122.1
            EBITDA margin  -14.6%0.4%-1.1%-1.1%2.3%2.3%1.2%3.5%
Depreciation  23.224.228.830.129.659.326.525.4
EBITA  -101.5-21.5-34.8-36.8-13.5-43.2-18.4-3.3
            EBITA margin  -18.9%-3.5%-6.2%-5.8%-1.9%-6.3%-2.9%-0.5%
Amortization of intangibles  15.510.515.820.329.7 35.635.1
EBIT   [+]-117.0-31.9-50.6-57.1-43.2-43.2-54.0-38.4
            EBIT margin  -21.7%-5.2%-9.1%-9.0%-6.2%-6.3%-8.4%-6.1%
Non-recurring items   [+] 1.168.4     
Interest income, net   [+]9.40.40.41.20.8 0.80.8
Other income (expense), net  -13.1352.2-24.8-4.80.40.0-3.4-0.9
Pre-tax income  -120.8319.5-143.4-65.1-43.2-43.2-57.5-39.8
Income taxes  2.1-2.56.24.52.02.07.8-0.5
            Tax rate         1.4%
Minority interest  -0.2  0.20.2 0.9-0.8
Net income  -122.7322.1-149.6-69.9-45.5-45.5-66.2-38.4
            Net margin  -22.8%52.3%-26.8%-11.0%-6.6%-6.6%-10.2%-6.1%
   
Basic EPS   [+]($0.96)$2.62($1.27)($0.61)($0.41) ($0.59)($0.35)
Diluted EPS   [+]($0.96)$2.55($1.27)($0.61)($0.41) ($0.59)($0.35)
   
   
Shares outstanding (basic)   [+]127.8122.9117.6113.8112.3 111.6111.2
Shares outstanding (diluted)   [+]127.8126.3117.6113.8112.3 111.6111.2
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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