Materialise NV Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	267.63	266.77	256.13	232.02	205.45
Revenue Growth (YoY)	0.33%	4.15%	10.39%	12.93%	20.54%
Cost of Revenue	114.68	115.94	111	103.26	87.28
Gross Profit	152.95	150.83	145.13	128.77	118.17
Selling, General & Admin	101.71	101.22	94.89	97.27	82.47
Research & Development	46.09	44.4	38.1	37.57	26.89
Other Operating Expenses	-3.79	-4.22	6.52	-3.2	-3.4
Total Operating Expenses	144.01	141.39	139.51	131.64	105.96
Operating Income	8.94	9.43	5.62	-2.87	12.22
Interest Income	3.97	7.68	5.02	6.11	5.62
Interest Expense	-5.62	-2.97	-3.87	-4.42	-4.1
Total Non-Operating Income (Expense)	-1.65	4.71	1.15	1.69	1.52
Pretax Income	7.29	14.14	6.77	-1.18	13.74
Provision for Income Taxes	-0.43	0.73	0.08	0.98	0.59
Net Income	7.72	13.44	6.72	-2.12	13.15
Minority Interest in Earnings	-0	-0.03	-0.03	-0.03	-0.01
Net Income to Common	7.72	13.44	6.72	-2.12	13.15
Net Income Growth	-42.56%	99.88%	-	-	-
Shares Outstanding (Basic)	59	59	59	59	57
Shares Outstanding (Diluted)	59	59	59	59	57
Shares Change (YoY)	-0.06%	0.03%	0.04%	3.91%	6.52%
EPS (Basic)	0.13	0.23	0.11	-0.04	0.23
EPS (Diluted)	0.13	0.23	0.11	-0.04	0.23
EPS Growth	-43.48%	109.09%	-	-	-
Shares Outstanding	59.07	59.07	59.07	59.07	59.06
Free Cash Flow	11.23	6.81	10.92	0.68	17.91
Free Cash Flow Growth	64.93%	-37.68%	1506.18%	-96.20%	-5.46%
Free Cash Flow Per Share	0.19	0.12	0.18	0.01	0.32
Gross Margin	57.15%	56.54%	56.66%	55.50%	57.52%
Operating Margin	3.34%	3.54%	2.19%	-1.24%	5.95%
Profit Margin	2.88%	5.03%	2.61%	-0.93%	6.40%
FCF Margin	4.19%	2.55%	4.26%	0.29%	8.72%
EBITDA	30.64	31.24	27.19	19.7	32.77
EBITDA Margin	11.45%	11.71%	10.62%	8.49%	15.95%
EBIT	8.94	9.43	5.62	-2.87	12.22
EBIT Margin	3.34%	3.54%	2.19%	-1.24%	5.95%
Effective Tax Rate	-5.89%	5.18%	1.15%	-82.77%	4.30%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q