| Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 | Dec'13 | Sep'13 | Jun'13 | Mar'13 | Dec'12 | Sep'12 | Jun'12 | Mar'12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net sales | ||||||||||||||||||||||||||
Total net sales | ||||||||||||||||||||||||||
162,049 | 170,236 | 153,833 | 179,343 | 155,867 | 169,990 | 163,162 | 175,303 | 157,176 | 172,073 | 167,906 | 173,362 | 167,580 | 182,322 | 172,731 | 217,113 | 203,610 | 178,465 | 150,941 | 155,085 | 125,626 | 106,485 | 97,207 | 71,150 | 49,724 | 49,406 | 44,964 |
Products | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | 126,556 | 110,083 | 123,758 | 118,634 | 124,316 | 118,473 | 134,490 | 126,667 | 168,596 | 160,200 | 154,090 | 129,252 | 134,943 | 107,887 | 90,213 | 81,810 | 59,454 | 41,318 | 41,444 | 37,546 |
Services | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | 48,747 | 47,093 | 48,315 | 49,272 | 49,046 | 49,107 | 47,832 | 46,064 | 48,517 | 43,410 | 24,375 | 21,689 | 20,142 | 17,739 | 16,272 | 15,397 | 11,696 | 8,406 | 7,962 | 7,418 |
Cost of sales | ||||||||||||||||||||||||||
Total cost of sales | ||||||||||||||||||||||||||
83,121 | 86,589 | 78,183 | 92,077 | 80,628 | 86,598 | 86,282 | 92,379 | 83,495 | 92,541 | 86,737 | 120,290 | 247,476 | 99,414 | 126,643 | 111,928 | 115,763 | 86,831 | 73,213 | 77,283 | 65,034 | 56,080 | 59,833 | 38,310 | 21,767 | 23,246 | 22,010 |
Products | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | 61,970 | 54,332 | 61,413 | 56,938 | 86,753 | 213,431 | 67,666 | 98,371 | 82,985 | 85,437 | 73,394 | 61,022 | 65,088 | 53,565 | 45,731 | 49,043 | 32,716 | 17,564 | 18,651 | 17,811 |
Services | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | 30,409 | 29,163 | 31,128 | 29,799 | 33,537 | 34,045 | 31,748 | 28,272 | 28,943 | 30,326 | 13,437 | 12,191 | 12,195 | 11,469 | 10,349 | 10,790 | 5,594 | 4,203 | 4,595 | 4,199 |
Gross profit | ||||||||||||||||||||||||||
78,928 | 83,647 | 75,650 | 87,266 | 75,239 | 83,392 | 76,880 | 82,924 | 73,681 | 79,532 | 81,169 | 53,072 | -79,896 | 82,908 | 46,088 | 105,185 | 87,847 | 91,634 | 77,728 | 77,802 | 60,592 | 50,405 | 37,374 | 32,840 | 27,957 | 26,160 | 22,954 |
Operating expenses | ||||||||||||||||||||||||||
Research and development, net | ||||||||||||||||||||||||||
25,786 | 23,689 | 25,110 | 26,585 | 21,767 | 23,251 | 24,634 | 24,304 | 23,993 | 24,366 | 25,115 | 31,918 | 37,698 | 25,506 | 27,238 | 23,189 | 23,353 | 18,957 | 16,771 | 17,670 | 13,514 | 10,337 | 10,789 | 7,083 | 4,067 | 4,157 | 4,352 |
Selling, general and administrative | ||||||||||||||||||||||||||
49,792 | 61,887 | 57,005 | 65,279 | 60,345 | 65,186 | 64,875 | 88,773 | 69,069 | 72,884 | 76,387 | 113,126 | 121,304 | 97,581 | 102,608 | 95,644 | 110,803 | 77,929 | 67,617 | 64,463 | 51,587 | 42,665 | 43,325 | 30,764 | 14,781 | 16,210 | 11,375 |
Goodwill impairment | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 96,550 | 695,458 | 0 | 150,400 | 102,470 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Change in fair value of obligations in connection with acquisitions | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | -988 | -24 | -587 | 727 | -713 | -3,022 | -6,680 | -13,256 | -24,861 | 5,578 | 628 | -7,495 | - | 1,607 | - | - | - | - | - | - |
Change in fair value of earn-out obligation | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | - | 0 | - | - |
Total operating expenses | ||||||||||||||||||||||||||
75,578 | 85,576 | 82,115 | 93,242 | 82,112 | 88,437 | 89,509 | 112,089 | 93,038 | 96,663 | 102,229 | 240,881 | 851,438 | 116,407 | 266,990 | 196,442 | 139,734 | 97,514 | 76,893 | 81,280 | 66,708 | 53,002 | 54,114 | 37,847 | 18,848 | 20,367 | 15,727 |
Operating income (loss) | ||||||||||||||||||||||||||
3,350 | -1,929 | -6,465 | -5,976 | -6,873 | -5,045 | -12,629 | -29,165 | -19,357 | -17,131 | -21,060 | -187,809 | -931,334 | -33,499 | -220,902 | -91,257 | -51,887 | -5,880 | 835 | -3,478 | -6,116 | -2,597 | -16,740 | -5,007 | 9,109 | 5,793 | 7,227 |
Financial income (expense), net | ||||||||||||||||||||||||||
-39 | -83 | 8 | 667 | -305 | 429 | 256 | -862 | 104 | 932 | 180 | -947 | -3,505 | -711 | -5,124 | -4,146 | -1,384 | 337 | -1,336 | -650 | -452 | 138 | 514 | 870 | 163 | 59 | 296 |
Income (loss) before income taxes | ||||||||||||||||||||||||||
3,311 | -2,012 | -6,457 | -5,309 | -7,178 | -4,616 | -12,373 | -30,027 | -19,253 | -16,199 | -20,880 | -188,756 | -934,839 | -34,210 | -226,026 | -95,403 | -53,271 | -5,543 | -501 | -4,128 | -6,568 | -2,459 | -16,226 | -4,137 | 9,272 | 5,852 | 7,523 |
Income tax expenses | ||||||||||||||||||||||||||
304 | 205 | 601 | 4,068 | 2,571 | 1,308 | 1,326 | -15,729 | 1,538 | 2,454 | 2,291 | 43,770 | -33,402 | -11,066 | -9,622 | -3,371 | -21,919 | -5,370 | -4,588 | -2,137 | 80 | 326 | -743 | -237 | 4,089 | 2,834 | 3,001 |
Share in losses of associated companies | ||||||||||||||||||||||||||
-3,752 | -1,360 | -6,073 | -704 | -489 | -229 | -288 | -526 | -182 | 0 | 0 | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net loss | ||||||||||||||||||||||||||
-745 | -3,577 | -13,131 | -10,081 | -10,238 | -6,153 | -13,987 | -14,824 | -20,973 | -18,653 | -23,171 | -232,526 | -901,437 | -23,144 | -216,404 | -92,032 | -31,352 | -173 | 4,087 | -1,991 | -6,648 | -2,785 | -15,483 | -3,900 | 5,183 | 3,018 | 4,522 |
Net loss attributable to non-controlling interests | ||||||||||||||||||||||||||
-66 | -26 | -90 | -101 | -81 | -166 | -130 | -63 | -146 | -163 | -30 | -183 | -164 | -213 | -116 | -26 | -24 | 0 | 0 | 1 | -22 | 15 | 53 | 332 | 0 | 0 | 0 |
Net loss attributable to Stratasys Ltd. | ||||||||||||||||||||||||||
-679 | -3,551 | -13,041 | -9,980 | -10,157 | -5,987 | -13,857 | -14,761 | -20,827 | -18,490 | -23,141 | -232,343 | -901,273 | -22,931 | -216,288 | -92,006 | -31,328 | -173 | 4,087 | -1,992 | -6,626 | -2,800 | -15,536 | -4,232 | 5,183 | 3,018 | 4,522 |
Net loss per ordinary share attributable to Stratasys Ltd. - basic and diluted | ||||||||||||||||||||||||||
-0.01 | -0.08 | -0.24 | - | -0.19 | -0.11 | -0.26 | - | -0.40 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Weighted average ordinary shares outstanding - basic and diluted | ||||||||||||||||||||||||||
53,769 | 53,722 | 53,657 | - | 53,012 | 52,778 | 52,690 | - | 52,432 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Basic | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | -0.35 | -0.44 | -4.57 | -17.35 | -0.48 | -4.24 | -1.85 | -0.62 | 0.00 | 0.08 | -0.01 | -0.16 | -0.07 | -0.40 | -0.22 | 0.24 | 0.14 | 0.21 |
Diluted | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | -0.36 | -0.44 | -4.50 | -17.35 | -0.55 | -4.24 | -1.85 | -0.62 | 0.00 | 0.08 | -0.05 | -0.16 | -0.07 | -0.40 | -0.23 | 0.24 | 0.14 | 0.21 |
Basic | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 52,169 | 52,098 | 52,066 | 51,941 | 51,405 | 50,956 | 50,940 | 50,490 | 49,373 | 49,273 | 126,262 | 41,976 | 38 | 38 | -21,217 | 21 | 21 | 21,266 |
Diluted | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 52,496 | 52,098 | 51,601 | 51,941 | 51,870 | 50,956 | 48,973 | 50,490 | 49,373 | 51,240 | 126,342 | 41,976 | 38 | 38 | -21,750 | 22 | 21 | 21,802 |
Comprehensive loss | ||||||||||||||||||||||||||
Net loss | ||||||||||||||||||||||||||
-745 | -3,577 | -13,131 | -10,081 | -10,238 | -6,153 | -13,987 | -14,824 | -20,973 | -18,653 | -23,171 | -232,526 | -901,437 | -23,144 | -216,404 | -92,032 | -31,352 | -173 | 4,087 | -1,991 | -6,648 | -2,785 | -15,483 | -3,900 | 5,183 | 3,018 | 4,522 |
Other comprehensive income (loss), net of tax: | ||||||||||||||||||||||||||
Unrealized loss on securities | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 |
Losses on securities reclassified into earnings | ||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 167 | 0 | 0 | 0 | 0 | - | - | - | - |
Foreign currency translation adjustments | ||||||||||||||||||||||||||
-234 | -3,222 | 2,011 | 999 | 1,953 | 2,437 | 713 | -2,463 | -704 | -2,962 | 3,341 | -2,047 | -796 | 988 | -6,408 | -2,000 | -1,802 | -126 | -398 | 539 | 1,852 | 13 | -368 | 130 | 46 | -135 | -112 |
Unrealized gains (losses) on derivatives designated as cash flow hedges | ||||||||||||||||||||||||||
522 | -544 | -325 | 254 | -86 | -337 | 523 | -346 | 37 | -539 | 931 | -28 | -474 | 1,258 | 380 | -292 | -1,149 | 173 | -128 | -35 | 188 | 0 | 0 | - | 0 | - | - |
Other comprehensive income, net of tax | ||||||||||||||||||||||||||
288 | -3,766 | 1,686 | 1,253 | 1,867 | 2,100 | 1,236 | -2,809 | -667 | -3,501 | 4,272 | -2,075 | -1,270 | 2,246 | -6,028 | -2,292 | -2,951 | 47 | -359 | 504 | 2,040 | 13 | -368 | - | - | - | 112 |
Comprehensive loss | ||||||||||||||||||||||||||
-457 | -7,343 | -11,445 | -8,828 | -8,371 | -4,053 | -12,751 | -17,633 | -21,640 | -22,154 | -18,899 | -234,601 | -902,707 | -20,898 | -222,432 | -94,324 | -34,303 | -126 | 3,728 | -1,487 | -4,608 | -2,772 | -15,851 | -4,161 | 5,229 | 2,883 | 4,634 |
Less: comprehensive loss attributable to non-controlling interests | ||||||||||||||||||||||||||
-66 | -26 | -90 | -101 | -81 | -166 | -130 | -63 | -146 | -163 | -30 | -183 | -164 | -213 | -116 | -74 | 24 | 0 | 0 | 133 | 296 | -454 | 115 | 233 | 0 | 0 | 0 |
Comprehensive loss attributable to Stratasys Ltd. | ||||||||||||||||||||||||||
-391 | -7,317 | -11,355 | -8,727 | -8,290 | -3,887 | -12,621 | -17,570 | -21,494 | -21,991 | -18,869 | -234,418 | -902,543 | -20,685 | -222,316 | -94,298 | -34,279 | -126 | 3,728 | -1,620 | -4,904 | -2,318 | -15,966 | -4,394 | 5,229 | 2,883 | 4,634 |