Materialise NV Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	263.15	266.77	256.13	232.02	205.45	170.45
Revenue Growth (YoY)	-1.21%	4.15%	10.39%	12.93%	20.54%	-13.34%
Cost of Revenue	114.61	115.94	111	103.26	87.28	76.45
Gross Profit	148.54	150.83	145.13	128.77	118.17	94
Selling, General & Admin	101.76	101.19	94.89	97.27	82.05	73.91
Research & Development	46.07	44.4	38.1	37.57	26.89	25.01
Other Operating Expenses	-3.88	-4.22	-2.89	-2.52	-3.58	-4.18
Operating Expenses	143.96	141.37	130.09	132.32	105.37	94.74
Operating Income	4.58	9.46	15.04	-3.55	12.81	-0.74
Interest Expense	-4.61	-1.3	-1.75	-2.05	-2.44	-2.3
Interest & Investment Income	2.11	4.25	4.45	1.33	0.66	0.42
Earnings From Equity Investments	-	-	-	-	-	-0.04
Currency Exchange Gain (Loss)	2.11	2.11	-1.21	3.13	3.65	-1.33
Other Non Operating Income (Expenses)	-0.35	-0.35	-0.34	-0.72	-0.35	-0.33
EBT Excluding Unusual Items	3.83	14.16	16.19	-1.86	14.33	-4.32
Merger & Restructuring Charges	-0.02	-0.02	-	-	-0.41	-0.06
Impairment of Goodwill	-	-	-1.18	-	-0.18	-1.37
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.77
Asset Writedown	-	-	-3.05	-	-	-3.24
Legal Settlements	-	-	-5.19	-	-	-
Other Unusual Items	-	-	-	0.68	-	-
Pretax Income	3.81	14.14	6.77	-1.18	13.74	-8.22
Income Tax Expense	-0.61	0.73	0.08	0.98	0.59	-1.03
Earnings From Continuing Operations	4.42	13.41	6.7	-2.15	13.15	-7.19
Minority Interest in Earnings	0.01	0.03	0.03	0.03	0.01	0.15
Net Income	4.43	13.44	6.72	-2.12	13.15	-7.04
Net Income to Common	4.43	13.44	6.72	-2.12	13.15	-7.04
Net Income Growth	-55.68%	99.88%	-	-	-	-
Shares Outstanding (Basic)	59	59	59	59	57	53
Shares Outstanding (Diluted)	59	59	59	59	57	53
Shares Change (YoY)	0.04%	0.03%	0.04%	3.91%	6.52%	-1.15%
EPS (Basic)	0.07	0.23	0.11	-0.04	0.23	-0.13
EPS (Diluted)	0.07	0.23	0.11	-0.04	0.23	-0.13
EPS Growth	-55.68%	106.79%	-	-	-	-
Free Cash Flow	8.55	6.81	10.92	0.68	17.91	18.95
Free Cash Flow Per Share	0.14	0.12	0.18	0.01	0.32	0.35
Gross Margin	56.45%	56.54%	56.66%	55.50%	57.52%	55.15%
Operating Margin	1.74%	3.54%	5.87%	-1.53%	6.23%	-0.43%
Profit Margin	1.68%	5.04%	2.62%	-0.92%	6.40%	-4.13%
Free Cash Flow Margin	3.25%	2.55%	4.26%	0.29%	8.72%	11.12%
EBITDA	19.38	24.31	30.28	14.3	27.89	13.21
EBITDA Margin	7.36%	9.11%	11.82%	6.16%	13.57%	7.75%
D&A For EBITDA	14.8	14.85	15.25	17.85	15.08	13.95
EBIT	4.58	9.46	15.04	-3.55	12.81	-0.74
EBIT Margin	1.74%	3.54%	5.87%	-1.53%	6.23%	-0.43%
Effective Tax Rate	-	5.18%	1.15%	-	4.30%	-

Updated Oct 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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