Materialise NV (EBR:MTLS)

Materialise NV Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	267.53	267.63	266.77	256.13	232.02	205.45
Revenue Growth (YoY)	-0.73%	0.33%	4.15%	10.39%	12.93%	20.54%
Cost of Revenue	113.41	114.68	115.94	111	103.26	87.28
Gross Profit	154.12	152.95	150.83	145.13	128.77	118.17
Selling, General & Admin	101.44	101.71	101.19	94.89	97.27	82.05
Research & Development	46.57	46.09	44.4	38.1	37.57	26.89
Other Operating Expenses	-4.34	-3.79	-4.22	-2.89	-2.52	-3.58
Operating Expenses	143.67	144.01	141.37	130.09	132.32	105.37
Operating Income	10.45	8.94	9.46	15.04	-3.55	12.81
Interest Expense	-	-1.71	-1.3	-1.75	-2.05	-2.44
Interest & Investment Income	2.39	2.84	4.25	4.45	1.33	0.66
Currency Exchange Gain (Loss)	-2.43	-2.43	2.11	-1.21	3.13	3.65
Other Non Operating Income (Expenses)	-0.34	-0.35	-0.35	-0.34	-0.72	-0.35
EBT Excluding Unusual Items	10.07	7.29	14.16	16.19	-1.86	14.33
Merger & Restructuring Charges	-	-	-0.02	-	-	-0.41
Impairment of Goodwill	-	-	-	-1.18	-	-0.18
Asset Writedown	-	-	-	-3.05	-	-
Legal Settlements	-	-	-	-5.19	-	-
Other Unusual Items	-	-	-	-	0.68	-
Pretax Income	10.07	7.29	14.14	6.77	-1.18	13.74
Income Tax Expense	-0	-0.43	0.73	0.08	0.98	0.59
Earnings From Continuing Operations	10.07	7.72	13.41	6.7	-2.15	13.15
Minority Interest in Earnings	-	0	0.03	0.03	0.03	0.01
Net Income	10.07	7.72	13.44	6.72	-2.12	13.15
Net Income to Common	10.07	7.72	13.44	6.72	-2.12	13.15
Net Income Growth	8.15%	-42.56%	99.88%	-	-	-
Shares Outstanding (Basic)	59	59	59	59	59	57
Shares Outstanding (Diluted)	59	59	59	59	59	57
Shares Change (YoY)	-0.13%	-0.06%	0.03%	0.04%	3.91%	6.52%
EPS (Basic)	0.17	0.13	0.23	0.11	-0.04	0.23
EPS (Diluted)	0.17	0.13	0.23	0.11	-0.04	0.23
EPS Growth	7.86%	-42.85%	106.79%	-	-	-
Free Cash Flow	8.86	11.23	6.81	10.92	0.68	17.91
Free Cash Flow Per Share	0.15	0.19	0.12	0.18	0.01	0.32
Gross Margin	57.61%	57.15%	56.54%	56.66%	55.50%	57.52%
Operating Margin	3.91%	3.34%	3.54%	5.87%	-1.53%	6.23%
Profit Margin	3.76%	2.88%	5.04%	2.62%	-0.92%	6.40%
Free Cash Flow Margin	3.31%	4.20%	2.55%	4.26%	0.29%	8.72%
EBITDA	25.11	23.43	24.31	30.28	14.3	27.89
EBITDA Margin	9.39%	8.76%	9.11%	11.82%	6.16%	13.57%
D&A For EBITDA	14.66	14.5	14.85	15.25	17.85	15.08
EBIT	10.45	8.94	9.46	15.04	-3.55	12.81
EBIT Margin	3.91%	3.34%	3.54%	5.87%	-1.53%	6.23%
Effective Tax Rate	-	-	5.18%	1.15%	-	4.30%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.