Consolidated Revenue Growth
Q1 revenue of $29.7 million, up approximately 106% year-over-year from $14.4 million, driven primarily by the inclusion of Markforged (Markforged contributed $17.1 million).
Improved Gross Profit and Margin
Gross profit for the quarter was $13.6 million with an adjusted gross margin of ~45.9% versus $6.2 million and 43.3% in the prior year period, reflecting favorable product mix and effects of divestments.
Strong Liquidity and Falling Cash Burn
Total cash, cash equivalents, deposits, restricted deposits and marketable equity securities of ~$441.6 million as of March 31, 2026; operating cash burn has trended down since Q3 2025 and sequential operating cash outflow declined (~$9.6 million of the ~$18 million QoQ change after fair-value adjustments).
Cost Discipline and Operating Expense Improvements (Stand-alone)
On a Nano Dimension stand-alone basis, operating expenses declined ~22% year-over-year; consolidated quarterly operating expenses also fell sequentially by >4% (from $27.3 million in Q4) and were ~20% below the previously identified baseline of ~$32.5 million.
Strategic Monetization Progress
Closed the sale of AME and Fabrica on April 6, expected to reduce annualized cash burn by approximately $10 million and includes upfront and performance-based deferred consideration (upside potential up to $10.5 million). Management is close to announcing an additional product-line sale and is actively pursuing other monetization opportunities.
Commercial Traction Across Key End Markets
Significant FFF expansion with a major U.S. automotive manufacturer, ongoing growth in defense opportunities, Essemtec SMT momentum including engagements with global electronic manufacturing services and space/satellite companies, indicating demand in production-oriented and mission-critical environments.