3D Systems Corporation (DDD)

Net profit margin

		Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Net income (ttm)	US$ in thousands	-349,268	-362,688	-95,573	-121,267	-125,333	-122,711	-103,358	226,696	250,025	322,052	308,422	-57,123	-85,442	-149,594	-134,478	-78,432	-64,410	-69,880	-69,302	-64,009
Revenue (ttm)	US$ in thousands	518,086	512,115	494,096	504,761	517,903	530,889	553,131	577,728	600,986	653,777	677,032	655,987	605,384	554,394	546,312	566,368	611,477	628,898	645,040	654,360
Net profit margin		-67.42%	-70.82%	-19.34%	-24.02%	-24.20%	-23.11%	-18.69%	39.24%	41.60%	49.26%	45.56%	-8.71%	-14.11%	-26.98%	-24.62%	-13.85%	-10.53%	-11.11%	-10.74%	-9.78%

March 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-349,268K ÷ $518,086K
= -67.42%

The net profit margin of 3D Systems Corporation has fluctuated over the past few quarters. The company experienced negative net profit margins in many quarters, with the most significant declines seen in the first quarter of 2024 and the fourth quarter of 2023, reaching -67.42% and -70.82% respectively. These periods indicate that the company's expenses exceeded its revenue, leading to substantial losses.

In contrast, there were quarters where 3D Systems Corporation achieved positive net profit margins, notably in the second and third quarters of 2022, where the margins were 39.24% and 41.60% respectively. These quarters indicate strong profitability and efficient cost management by the company.

Overall, the company has shown inconsistencies in maintaining a positive net profit margin, with periods of both profitability and significant losses. It would be essential for 3D Systems Corporation to focus on improving operational efficiency and cost control to ensure consistent and sustainable profitability in the future.