Materialise NV income statement
In fiscal 2025, Materialise NV reported revenue of $303m, up 4.8% on the year before, operating income of $10.1m (a 3.3% margin) and net income of $8.7m, or $0.15 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 113 | 127 | 161 | 218 | 220 | 194 | 243 | 244 | 277 | 289 | 303 |
| Cost of revenue | −48 | 52 | 71 | 97 | 97 | 87 | 103 | 109 | 120 | 125 | 130 |
| Gross profit | 66 | 75 | 90 | 121 | 123 | 107 | 140 | 136 | 157 | 163 | 173 |
| Research and development | −20 | 20 | 23 | 26 | 26 | 31 | 32 | 40 | 41 | 48 | 52 |
| General and administrative | −17 | 22 | 28 | 38 | 36 | 33 | 39 | 37 | 40 | 43 | 45 |
| Operating income | −4 | 0 | 0 | 6 | 8 | −5 | 14 | −3 | 6 | 10 | 10 |
| Interest expense | −1 | 1 | 1 | 2 | 2 | 3 | 3 | 2 | 2 | 1 | 2 |
| Income before tax | −4 | −1 | −2 | 4 | 5 | −9 | 16 | −1 | 7 | 15 | 8 |
| Income tax | 0 | 2 | 1 | 1 | 3 | −1 | 1 | 1 | 0 | 1 | −0 |
| Net income | −3 | −3 | −2 | 4 | 2 | −8 | 16 | −2 | 7 | 15 | 9 |
| Diluted EPS | −$0.07 | −$0.07 | −$0.05 | $0.07 | $0.03 | −$0.15 | $0.27 | −$0.04 | $0.12 | $0.25 | $0.15 |
| Diluted shares (average) | 47m | 47,325m | 47,325m | 51m | 54m | 53m | 57m | 59m | 59m | 59m | 59m |
| EBITDA | — | — | — | — | 13 | 0 | 24 | 8 | 29 | 34 | 35 |
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