Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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3D Systems Corp.DDD · business equipment
GradeBearEweakest fifth of 497 graded peers; percentile 93.5, sampling error 2.2 points; lower is stronger
Rank465 of 497
ProfitabilityDpercentile 70.5
SolvencyCpercentile 54.8
Growth and financingEpercentile 86.5
Reliability0.87 AUCfailure model, filers with $120M to $591M assets; 95% interval 0.83 to 0.90; 206 events, 2020 to 2025
Peer failure rate1.03% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size band$120M to $591M assetstotal assets $521.7M[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningslate filernot computable: distress, fortress balance sheet
Inputs computable8 of 14
Graded fromfilings received through Mar 9, 2026214 days before the rescan; every figure keyed to the SEC receipt date
Last close$3.342026-10-08; market equity $554.9M; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$2$3$4NovDecJanFebMarAprMayJunJulAugSepOctDD/EDE$3.35
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Mar 21, 2012nonen/aQ3
Mar 21, 2013nonen/aQ4
Mar 21, 2015A/B18.7Q4
Mar 21, 2016C45.5Q4
Apr 21, 2016B/C43.1Q4
Mar 21, 2017C/D60.2Q4
Aug 21, 2017C56.5Q4
Sep 21, 2017C/D57.8Q4
Mar 21, 2018E87.9Q4
Dec 21, 2022D/E82.4Q4
Mar 21, 2023D65.1Q4
Apr 21, 2023C/D61.9Q4
May 21, 2023D62.6Q4
Aug 21, 2024C/D59.9Q4
Sep 21, 2024C57.1Q4
Apr 21, 2025D/E79.7Q4
Oct 21, 2025D77.1Q4
Nov 21, 2025D/E78.0Q4
Dec 21, 2025D77.1Q4
Mar 21, 2026E95.1Q3

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Mar 9, 2026; the document on sec.gov.

3D Systems Corporation ("3D Systems" or the "Company" or "we," "our" or "us") markets our products and services through subsidiaries in North America and South America ("Americas"), Europe and the Middle East ("EMEA") and Asia Pacific and Oceania ("APAC"). We provide comprehensive 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, and services, including maintenance, advanced manufacturing and applications engineering.

Warnings [top]

Late filer. found 2 NT 10-K/Q filings in the last eight quarters

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 70.5
Gross profitability25.1%[1,3]28.5%54.45582025-12-31
Return on invested capitalnot computable10.9%
one or more required annual facts are missing
Accruals ratio20.8%[1,4-6](7.4%)96.56212025-12-31
Gross margin stability, five years3.0 pts[2-3,7-14]2.4 pts60.74292025-12-31
Solvency, sleeve percentile 54.8
Twelve-month failure probabilitynot computable0.05%
liabilities and a nearby cover-page share count are required at 2025-12-31
Altman Z double-prime(5.82)[1,15-20]2.1876.85662025-12-31
Net debt to EBITDAnot computable1.11x
one or more required annual facts are missing
Interest coveragenot computable3.77x
latest aligned inputs end 2021-12-31; latest annual assets end 2025-12-31
Current ratio2.87x[15-16]2.02x32.86662025-12-31
Growth and financing, sleeve percentile 86.5
Revenue growth, three-year compound(10.4%)[2,8,10,12]6.4%87.25382025-12-31
Free cash flow growth, three-year compoundnot computable17.2%
current FCF must be positive and base FCF must exceed $100,000
Reinvestment ratenot computable14.3%
NOPAT must exceed $100,000
Asset growth, three years(28.8%)[1,6,21-22]5.0%95.45632025-12-31
Net share issuance, one year7.8%[23-24]0.5%77.14072026-03-02

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.459; sampling error 2.2 percentile points on 497 peers.

Among 497 Peers [top]

ABCDENVDA, Nvidia Corp.; A, percentile 3.0; market equity $5.6T; warnings: fortress balance sheetNVDAMSFT, Microsoft Corp.; A, percentile 8.7; market equity $3.9TMSFTAMD, Advanced Micro Devices Inc.; A/B, percentile 20.2; market equity $1.0T; warnings: fortress balance sheetAMDAAPL, Apple Inc.; B, percentile 35.5; market equity $5.0TAAPLMU, Micron Technology Inc.; B/C, percentile 40.9; market equity $1.2TMUAVGO, Broadcom Inc.; C, percentile 53.2; market equity $1.7TAVGODDD 93.5strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
460Quantum Corp. (QMCO)

Quantum Corp. (QMCO)

Eweakest fifth; percentile 92.5

Nasdaq · Computer Storage Devices

market equity $1.1B; last close $29.15

Warnings: dilution, late filer; 7 of 14 inputs

92.5Edilution, late filer
461EyePoint, Inc. (EYPT)

EyePoint, Inc. (EYPT)

Eweakest fifth; percentile 92.7

Nasdaq · Laboratory Analytical Instruments

market equity $298.3M; last close $3.47

Warnings: short runway, fortress balance sheet; 7 of 14 inputs

92.7Eshort runway, fortress balance sheet
462Bridgeline Digital, Inc. (BLIN)

Bridgeline Digital, Inc. (BLIN)

Eweakest fifth; percentile 92.9

Nasdaq · Services-Prepackaged Software

market equity $9.5M; last close $0.78

Warnings: fortress balance sheet; 9 of 14 inputs

92.9Efortress balance sheet
463Upland Software, Inc. (UPLD)

Upland Software, Inc. (UPLD)

Eweakest fifth; percentile 93.1

Nasdaq · Services-Prepackaged Software

market equity $10.5M; last close $3.55

No active warnings; 9 of 14 inputs

93.1E
464Inseego Corp. (INSG)

Inseego Corp. (INSG)

Eweakest fifth; percentile 93.3

Nasdaq · Communications Equipment, NEC

market equity $73.2M; last close $4.46

Warnings: short runway; 9 of 14 inputs

93.3Eshort runway
4653D Systems Corp. (DDD)

3D Systems Corp. (DDD)

Eweakest fifth; percentile 93.5

NYSE · Services-Prepackaged Software

market equity $556.6M; last close $3.34

Warnings: late filer; 8 of 14 inputs

93.5Elate filer
466Professional Diversity Network, Inc. (IPDN)

Professional Diversity Network, Inc. (IPDN)

Eweakest fifth; percentile 93.8

Nasdaq · Services-Computer Programming, Data Processing, Etc.

market equity $2.0M; last close $4.29

Warnings: dilution, short runway; 8 of 14 inputs

93.8Edilution, short runway
467Vuzix Corp. (VUZI)

Vuzix Corp. (VUZI)

Eweakest fifth; percentile 94.0

Nasdaq · Radio & Tv Broadcasting & Communications Equipment

market equity $214.4M; last close $2.53

Warnings: fortress balance sheet; 8 of 14 inputs

94.0Efortress balance sheet
468Smith Micro Software, Inc. (SMSI)

Smith Micro Software, Inc. (SMSI)

Eweakest fifth; percentile 94.2

Nasdaq · Services-Prepackaged Software

market equity $14.2M; last close $2.54

Warnings: dilution, short runway; 7 of 14 inputs

94.2Edilution, short runway
469Energous Corp. (WATT)

Energous Corp. (WATT)

Eweakest fifth; percentile 94.4

Nasdaq · Radio & Tv Broadcasting & Communications Equipment

market equity $62.6M; last close $11.19

Warnings: dilution; 7 of 14 inputs

94.4Edilution
470Intel Corp. (INTC)

Intel Corp. (INTC)

Eweakest fifth; percentile 94.6

Nasdaq · Semiconductors & Related Devices

market equity $540.1B; last close $107.40

No active warnings; 9 of 14 inputs

94.6E
Peer policyLetterPercentilePeers
all graded filers, equal sleevesE93.92204
sector peers, equal sleeves (the grade)E93.5497
same exchange, equal sleevesE96.7984
sector peers, equal inputsE95.6497

Each letter is one fifth of the 497 graded peers, about 99 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month13.1%2.2%60hotter than 60 of 100 peers
Distance from 52-week high(13.7%)(30.0%)74closer to its high than 74 of 100 peers
EBIT to enterprise valuenot computable1.5%required accounting or market input is missing
Free cash flow yield(17.6%)2.7%13pricier than 87 of 100 peers
Book value to price0.490.2374pricier than 26 of 100 peers
Sales to price0.700.3071pricier than 29 of 100 peers
Composite equity issuance, five years29.2%3.9%79more equity-funded than 79 of 100 peers
Relative strength against the sector, log excess return(0.16)(0.26)60ahead of 60 of 100 peers

Inputs: market equity $556.6M; EBIT -$96.1M; free cash flow -$97.8M; book equity $273.6M; sales $386.9M; cash $128.0M[25].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: 4 of 9, period end 2025-12-31
Return on assets above zero4.9%✓ pass[4,6]
Operating cash flow above zero-$87.8M✗ fail[5]
Return on assets improved30.7 pts✓ pass[4,6,21,26]
Operating cash flow exceeds net income-$117.7M✗ fail[4-5]
Long-term leverage fell(11.2 pts)✓ pass[1,6,21,27-28]
Current ratio improved(20.9 pts)✗ fail[15-16,29-30]
No new shares issued7.8%✗ fail[23-24]
Gross margin improved(3.4 pts)✗ fail[2-3,7-8]
Asset turnover improved19.1 pts✓ pass[2,6,8,21]
Cash, filings, liquidity
Cash and equivalents$128.0M[31]
Operating cash flow, four quarters-$42.3M[5,31-35]
Months of runway36.3
Late filings, two years2
NT 10-K or NT 10-Q
Days since last periodic filing67
10-Q received Aug 3, 2026
Median daily dollar volume$6.7M
63 sessions
Days since newest grade input214

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$521.7M2025-12-312026-03-0910-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$386.9M2025-12-312026-03-0910-Kfiling · viewer · series
3gross profitus-gaap:GrossProfit$131.0M2025-12-312026-03-0910-Kfiling · viewer · series
4net incomeus-gaap:NetIncomeLoss$29.9M2025-12-312026-03-0910-Kfiling · viewer · series
5operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$87.8M2025-12-312026-03-0910-Kfiling · viewer · series
6assetsus-gaap:Assets$608.8M2024-12-312026-03-0910-Kfiling · viewer · series
7gross profitus-gaap:GrossProfit$164.2M2024-12-312026-03-0910-Kfiling · viewer · series
8revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$440.1M2024-12-312026-03-0910-Kfiling · viewer · series
9gross profitus-gaap:GrossProfit$196.4M2023-12-312026-03-0910-Kfiling · viewer · series
10revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$488.1M2023-12-312026-03-0910-Kfiling · viewer · series
11gross profitus-gaap:GrossProfit$214.2M2022-12-312025-03-2710-Kfiling · viewer · series
12revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$538.0M2022-12-312025-03-2710-Kfiling · viewer · series
13gross profitus-gaap:GrossProfit$263.8M2021-12-312024-08-1310-Kfiling · viewer · series
14revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$615.6M2021-12-312024-08-1310-Kfiling · viewer · series
15current assetsus-gaap:AssetsCurrent$346.7M2025-12-312026-03-0910-Kfiling · viewer · series
16current liabilitiesus-gaap:LiabilitiesCurrent$120.6M2025-12-312026-03-0910-Kfiling · viewer · series
17retained earningsus-gaap:RetainedEarningsAccumulatedDeficit-$1.3B2025-12-312026-03-0910-Kfiling · viewer · series
18operating incomeus-gaap:OperatingIncomeLoss-$96.1M2025-12-312026-03-0910-Kfiling · viewer · series
19book equityus-gaap:StockholdersEquity$240.4M2025-12-312026-03-0910-Kfiling · viewer · series
20liabilitiesus-gaap:Liabilities$279.2M2025-12-312026-03-0910-Kfiling · viewer · series
21assetsus-gaap:Assets$990.7M2023-12-312025-03-2710-Kfiling · viewer · series
22assetsus-gaap:Assets$1.4B2022-12-312024-08-1310-Kfiling · viewer · series
23shares outstandingdei:EntityCommonStockSharesOutstanding146,066,3332026-03-022026-03-0910-Kfiling · viewer · series
24shares outstandingdei:EntityCommonStockSharesOutstanding135,538,4702025-03-172025-03-2710-Kfiling · viewer · series
25shares outstandingdei:EntityCommonStockSharesOutstanding166,147,0272026-07-272026-08-0310-Qfiling · viewer · series
26net incomeus-gaap:NetIncomeLoss-$255.6M2024-12-312026-03-0910-Kfiling · viewer · series
27long term debtus-gaap:LongTermDebtNoncurrent$86.4M2025-12-312026-03-0910-Kfiling · viewer · series
28long term debtus-gaap:LongTermDebtNoncurrent$212.0M2024-12-312026-03-0910-Kfiling · viewer · series
29current assetsus-gaap:AssetsCurrent$428.8M2024-12-312026-03-0910-Kfiling · viewer · series
30current liabilitiesus-gaap:LiabilitiesCurrent$139.1M2024-12-312026-03-0910-Kfiling · viewer · series
31cashus-gaap:CashAndCashEquivalentsAtCarryingValue$128.0M2026-06-302026-08-0310-Qfiling · viewer · series
32operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$14.1M2026-06-302026-08-0310-Qfiling · viewer · series
33operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$7.2M2026-03-312026-05-1110-Qfiling · viewer · series
34operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$73.1M2025-09-302025-11-0410-Qfiling · viewer · series
35operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$59.6M2025-06-302026-08-0310-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 93.5 is 13.5 points from the nearest band edge; sampling error is 2.2 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.