3D Systems, Prodways, and Align Each Post Solid Q2 Results

3D Systems Narrowing the Gap

3D Systems posted second-quarter revenue of $94.6 million, essentially flat year over year. That headline number hides what matters: the parts of the business that are growing are doing it with real momentum.

Healthcare revenue climbed 6.8 percent, driven by medical technology and dental. Aerospace and defense grew more than 20 percent. Data center infrastructure joined the fast-growing list too, as AI compute facilities need complex metal cooling parts that only additive manufacturing can produce efficiently.

The company still lost money, posting a net loss of $12.9 million for the quarter. But adjusted EBITDA improved sharply to a loss of $0.8 million, down from $4.7 million a year earlier. That trajectory matters more than the headline loss at this stage of the turnaround.

CEO Jeffrey Graves announced he will step down shortly after these results. The board has not named a successor yet. For now, the business is moving in the right direction regardless of who is in the chair. Third-quarter guidance sits between $96 million and $99 million.

Prodways Back in Growth Mode

Prodways generated EUR 10.5 million in Q2 revenue, up 5 percent after adjusting for the software business sale earlier this year. That sale was deliberate: the company wanted to simplify, and the numbers suggest the strategy is working.

The Systems division grew 9 percent, with ceramic 3D printers in the United States leading the way. The Products division also expanded as digital manufacturing activity improved in France and the company started taking share from weaker competitors.

Prodways also announced a EUR 20 million share buyback, which signals management confidence in the balance sheet. Full-year guidance remains stable to slightly higher revenue with improving profitability.

Align Technology Sets a Record

Align Technology is not a 3D printer manufacturer, but it is arguably the largest user of additive manufacturing on the planet. Its Invisalign clear aligners are 3D printed at scale, and that operation just posted record quarterly revenue of just over $1.05 billion, up 4.3 percent.

Clear aligner revenue rose 8.2 percent and shipments hit a new high of nearly 692,000 cases. The scanner business tells a different story: imaging systems and CAD/CAM services revenue fell 10.8 percent as more customers opt for lower-priced scanners or leasing arrangements. That shift reduces upfront revenue but should grow the installed base over time.

Align kept its full-year outlook steady, still expecting 3 to 4 percent revenue growth for 2026.

Healthcare Is the Common Thread

Three very different companies, three very different markets, and one shared story: healthcare is where 3D printing is generating consistent, measurable revenue right now. Medical devices, dental appliances, surgical tools, and clear aligners all depend on the same underlying technology, and all three segments expanded during the quarter.

Industrial manufacturing outside of aerospace and defense remains uneven. Companies tied to those specific end markets are doing fine. Everyone else is waiting for the broader industrial recovery to arrive.