Materialise N.V.(MTLS)Earnings, Financials & Key Ratios
MTLS•NASDAQ
$5.44
$321M mkt cap·35.6× P/E·Price updated May 7, 2026
AboutMaterialise NV provides additive manufacturing and medical software, and 3D printing services in the Americas, Europe and Africa, and the Asia-Pacific. The company operates through three segments: Materialise Software, Materialise Medical, and Materialise Manufacturing. Its Materialise Software segment offers software through programs and platforms that enable and enhance the functionality of 3D printers and of 3D printing operations. Its software interfaces between various types of 3D printers; and various software applications and capturing technologies, including computer-aided design/computer-aided manufacturing packages and 3D scanners. This segment serves 3D printing machine manufacturers; production companies and contract manufacturers in automotive, aerospace, consumer goods, and hearing aid industries; and 3D printing service bureaus through its sales force, Website, and third-party distributors. The company's Materialise Medical segment provides medical software that allows medical-image based analysis and engineering, as well as patient-specific design of surgical devices and implants. It serves medical device companies, hospitals, universities, research institutes, and industrial companies through its direct sales force, Website, and picture archiving and communication system partners. Its Materialise Manufacturing segment provides 3D printing services, design and engineering services, and rapid prototyping and additive manufacturing of production parts to industrial and commercial customers. The company has collaboration agreements with Zimmer Biomet Holdings, Inc.; Encore Medical, L.P.; DePuy Synthes Companies of Johnson & Johnson; Limacorporate Spa; Mathys AG; Corin Ltd; Medtronic Inc.; and Abbott Laboratories Inc. Materialise NV was incorporated in 1990 and is headquartered in Leuven, Belgium.Show more
- Revenue$257M-3.6%
- EBITDA$26M-17.4%
- Net Income$7M-44.8%
- EPS (Diluted)0.13-43.5%
- Gross Margin57.15%+1.1%
- EBITDA Margin10.03%-14.3%
- Operating Margin1.92%-45.6%
- Net Margin2.88%-42.7%
- ROE2.94%-46.9%
- ROIC1.98%-49.6%
- Debt/Equity0.26+55.9%
- Interest Coverage0.92-84.0%
MTLS Key Insights
Materialise N.V. (MTLS) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓High quality earnings: Operating CF exceeds net income
- ✓Trading at only 1.1x book value
✗Weaknesses
- ✗Weak 3Y average ROE of 3.8%
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MTLS Price & Volume
Materialise N.V. (MTLS) stock price & volume — 10-year historical chart
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MTLS Growth Metrics
Materialise N.V. (MTLS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years9.68%
5 Years8.57%
3 Years3.48%
TTM4.4%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-44.82%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-44.95%
Return on Capital
10 Years1.33%
5 Years1.95%
3 Years2.23%
Last Year1.59%
MTLS Recent Earnings
Materialise N.V. (MTLS) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 7, 2026EPS
$0.03
Est $0.01
+200.1%
Revenue
$77M
Est $77M
-0.6%
Q1 2026
Feb 19, 2026EPS
$0.12
Est $0.07
+70.3%
Revenue
$82M
Est $83M
-0.8%
Q4 2025
Oct 28, 2025EPS
$0.04
Est $0.01
+300.0%
Revenue
$78M
Est $71M
+10.0%
Q3 2025
Jul 24, 2025EPS
$0.00
Est $0.01
-60.3%
Revenue
$76M
Est $67M
+13.5%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.03vs $0.01+200.1% | $77Mvs $77M-0.6% |
| Q1 2026 | Feb 19, 2026 | $0.12vs $0.07+70.3% | $82Mvs $83M-0.8% |
| Q4 2025 | Oct 28, 2025 | $0.04vs $0.01+300.0% | $78Mvs $71M+10.0% |
| Q3 2025 | Jul 24, 2025 | $0.00vs $0.01-60.3% | $76Mvs $67M+13.5% |
Based on last 12 quarters of dataView full earnings history →
MTLS Peer Comparison
Materialise N.V. (MTLS) competitors in Engineering design and simulation software — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SSYS | 706.61M | 8.20 | -6.41 | -3.73% | -18.92% | -12.33% | 0.03 | |
 DDD | 349.81M | 2.40 | 12.61 | -12.09% | 16.66% | 30.09% | 0.25 | |
 NNDM | 389.12M | 1.85 | -1.35 | 77.3% | -286.72% | -58.73% | 0.02 | |
 XMTR | 3.95B | 78.50 | -64.34 | 25.87% | -7.01% | -18.81% | 1.26 | |
 PTC | 17.57B | 147.65 | 24.28 | 19.18% | 41.58% | 33.14% | 0.36 | |
 CDNS | 98.54B | 356.90 | 87.91 | 14.12% | 20.94% | 21.68% | 0.45 | |
 PRLB | 1.62B | 68.06 | 77.34 | 6.44% | 4.71% | 3.84% | 0.01 | |
 XRAY | 2.2B | 10.96 | -3.65 | -2.98% | -17.06% | -41.19% | 1.84 |
Compare MTLS vs Peers
Materialise N.V. (MTLS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MTLS Income Statement
Materialise N.V. (MTLS) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 142.57M | 184.72M | 196.68M | 170.45M | 205.45M | 232.02M | 256.13M | 266.76M | 257.07M |
| Revenue Growth % | 24.54% | 29.56% | 6.47% | -13.34% | 20.53% | 12.93% | 10.39% | 4.15% | -3.63% |
| Cost of Goods Sold | 62.79M | 82.3M | 87.05M | 76.45M | 87.28M | 103.25M | 111M | 115.94M | 110.16M |
| COGS % of Revenue | 44.04% | 44.55% | 44.26% | 44.85% | 42.48% | 44.5% | 43.34% | 43.46% | 42.85% |
| Gross Profit | 79.79M▲ 0% | 102.42M▲ 28.4% | 109.63M▲ 7.0% | 94M▼ 14.3% | 118.17M▲ 25.7% | 128.77M▲ 9.0% | 145.13M▲ 12.7% | 150.82M▲ 3.9% | 146.91M▼ 2.6% |
| Gross Margin % | 55.96% | 55.45% | 55.74% | 55.15% | 57.52% | 55.5% | 56.66% | 56.54% | 57.15% |
| Gross Profit Growth % | 17.73% | 28.37% | 7.03% | -14.25% | 25.71% | 8.97% | 12.71% | 3.92% | -2.59% |
| Operating Expenses | 78.92M | 97.26M | 102.69M | 98.64M | 105.95M | 131.64M | 139.51M | 141.39M | 141.97M |
| OpEx % of Revenue | 55.35% | 52.65% | 52.21% | 57.87% | 51.57% | 56.74% | 54.47% | 53% | 55.23% |
| Selling, General & Admin | 64.59M | 78.61M | 84.64M | 69.59M | 77.59M | 93.02M | 94.89M | 101.22M | 96.32M |
| SG&A % of Revenue | 45.31% | 42.56% | 43.03% | 40.83% | 37.76% | 40.09% | 37.05% | 37.94% | 37.47% |
| Research & Development | 19.96M | 22.42M | 23.35M | 27.1M | 26.89M | 37.57M | 38.1M | 44.4M | 44.27M |
| R&D % of Revenue | 14% | 12.14% | 11.87% | 15.9% | 13.09% | 16.19% | 14.87% | 16.64% | 17.22% |
| Other Operating Expenses | -2.5M | -3.77M | -5.29M | 1.95M | 1.48M | 1.05M | 6.52M | -4.22M | 1.38M |
| Operating Income | 865K▲ 0% | 3.93M▲ 354.0% | 6.94M▲ 76.6% | -4.64M▼ 166.9% | 12.22M▲ 363.4% | -2.87M▼ 123.5% | 5.62M▲ 295.6% | 9.43M▲ 67.9% | 4.94M▼ 47.6% |
| Operating Margin % | 0.61% | 2.13% | 3.53% | -2.72% | 5.95% | -1.24% | 2.19% | 3.54% | 1.92% |
| Operating Income Growth % | 708.41% | 353.99% | 76.62% | -166.87% | 363.41% | -123.51% | 295.65% | 67.86% | -47.58% |
| EBITDA | 12.68M | 21.77M | 19.57M | 15.04M | 32.77M | 19.7M | 27.19M | 31.24M | 25.79M |
| EBITDA Margin % | 8.89% | 11.78% | 9.95% | 8.82% | 15.95% | 8.49% | 10.62% | 11.71% | 10.03% |
| EBITDA Growth % | 42.62% | 71.7% | -10.08% | -23.18% | 117.92% | -39.89% | 38.04% | 14.9% | -17.44% |
| D&A (Non-Cash Add-back) | 11.81M | 17.84M | 12.64M | 19.67M | 20.55M | 22.57M | 21.57M | 21.81M | 20.85M |
| EBIT | -569K | 5.2M | 7.08M | -5.92M | 16.17M | 869K | 8.52M | 9.43M | 4.94M |
| Net Interest Income | -1.22M | -1.54M | -3.19M | -2.94M | -2.58M | -1.52M | 2.36M | 2.6M | -1.58M |
| Interest Income | 3.21M | 3.63M | 0 | 476.51K | 777.74K | 1.4M | 4.45M | 4.25M | 3.81M |
| Interest Expense | 4.73M | 4.86M | 3.19M | 3.42M | 3.36M | 2.92M | 2.09M | 1.65M | 5.39M |
| Other Income/Expense | -1.51M | -1.71M | -2.7M | -3.58M | 1.52M | 1.69M | 1.15M | 4.71M | 2.06M |
| Pretax Income | -1.12M▲ 0% | 3.45M▲ 407.7% | 4.24M▲ 22.8% | -8.22M▼ 293.9% | 13.74M▲ 267.1% | -1.18M▼ 108.6% | 6.77M▲ 674.9% | 14.14M▲ 108.8% | 7M▼ 50.5% |
| Pretax Margin % | -0.79% | 1.87% | 2.16% | -4.82% | 6.69% | -0.51% | 2.64% | 5.3% | 2.72% |
| Income Tax | 534K | 425K | 2.6M | -1.03M | 591K | 975K | 78K | 733K | -412.07K |
| Effective Tax Rate % | -47.59% | 12.31% | 61.22% | 12.5% | 4.3% | -82.77% | 1.15% | 5.18% | -5.89% |
| Net Income | -1.66M▲ 0% | 3.03M▲ 282.8% | 1.59M▼ 47.6% | -7.04M▼ 544.1% | 13.15M▲ 286.7% | -2.12M▼ 116.1% | 6.72M▲ 416.6% | 13.44M▲ 99.9% | 7.41M▼ 44.8% |
| Net Margin % | -1.16% | 1.64% | 0.81% | -4.13% | 6.4% | -0.92% | 2.62% | 5.04% | 2.88% |
| Net Income Growth % | 45.15% | 282.79% | -47.6% | -544.14% | 286.74% | -116.14% | 416.63% | 99.88% | -44.82% |
| Net Income (Continuing) | -2.12M | 2.55M | 1.64M | -7.19M | 13.14M | -2.15M | 6.69M | 13.41M | 7.41M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 3.68M | 0 | 1K | -28K | -53K | -86K | -79.97K |
| EPS (Diluted) | -0.04▲ 0% | 0.06▲ 270.6% | 0.03▼ 50.9% | -0.14▼ 577.8% | 0.24▲ 271.4% | -0.04▼ 115.2% | 0.11▲ 401.4% | 0.23▲ 109.1% | 0.13▼ 43.5% |
| EPS Growth % | 45.14% | 270.57% | -50.92% | -577.82% | 271.43% | -115.21% | 401.37% | 109.09% | -43.48% |
| EPS (Basic) | -0.04 | 0.06 | 0.03 | -0.14 | 0.24 | -0.04 | 0.11 | 0.23 | 0.13 |
| Diluted Shares Outstanding | 47.33M | 50.7M | 53.99M | 53.36M | 56.84M | 59.06M | 59.09M | 59.1M | 59.07M |
| Basic Shares Outstanding | 47.33M | 49.81M | 52.91M | 53.36M | 56.69M | 59.06M | 59.07M | 59.07M | 59.07M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
MTLS Balance Sheet
Materialise N.V. (MTLS) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 99.56M | 169.32M | 211.65M | 193.2M | 257.8M | 216.41M | 206.47M | 190.51M | 223.51M |
| Cash & Short-Term Investments | 43.17M | 115.51M | 144.69M | 136.47M | 196.03M | 140.87M | 127.57M | 102.3M | 133.86M |
| Cash Only | 43.17M | 115.51M | 144.69M | 136.47M | 196.03M | 140.87M | 127.57M | 102.3M | 133.86M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 42.5M | 36.89M | 52.71M | 44.44M | 45.23M | 54.75M | 52.7M | 53.05M | 54.91M |
| Days Sales Outstanding | 108.81 | 72.89 | 97.83 | 95.16 | 80.35 | 86.12 | 75.1 | 72.59 | 77.97 |
| Inventory | 11.59M | 9.99M | 14.25M | 12.29M | 10.8M | 15.44M | 17.03M | 16.99M | 14.9M |
| Days Inventory Outstanding | 67.4 | 44.29 | 59.75 | 58.67 | 45.17 | 54.57 | 56.01 | 53.49 | 49.36 |
| Other Current Assets | 44.79M | 43.83M | 0 | 0 | 5.75M | 5.36M | 9.16M | 18.16M | 19.84M |
| Total Non-Current Assets | 137.98M | 143.91M | 180.55M | 205.58M | 155.6M | 194.85M | 190.17M | 205.82M | 196.96M |
| Property, Plant & Equipment | 86.88M | 92.54M | 114.04M | 121.45M | 93.5M | 102.7M | 103.5M | 119.05M | 118.23M |
| Fixed Asset Turnover | 1.64x | 2.00x | 1.72x | 1.40x | 2.20x | 2.26x | 2.47x | 2.24x | 2.17x |
| Goodwill | 18.45M | 17.49M | 22.01M | 22.76M | 18.73M | 44.15M | 43.16M | 43.39M | 43.14M |
| Intangible Assets | 28.65M | 26.33M | 30.75M | 40.35M | 31.67M | 37.88M | 31.46M | 29.97M | 25.63M |
| Long-Term Investments | 31K | 2.7M | 6.7M | 12.29M | 3.96M | 3.8M | 3.74M | 3.99M | 0 |
| Other Non-Current Assets | 3.67M | 4.54M | 6.83M | 8.48M | 7.52M | 5.13M | 8.29M | 9.41M | 5.98M |
| Total Assets | 237.54M▲ 0% | 313.23M▲ 31.9% | 392.2M▲ 25.2% | 398.78M▲ 1.7% | 413.41M▲ 3.7% | 411.26M▼ 0.5% | 396.63M▼ 3.6% | 396.34M▼ 0.1% | 420.47M▲ 6.1% |
| Asset Turnover | 0.60x | 0.59x | 0.50x | 0.43x | 0.50x | 0.56x | 0.65x | 0.67x | 0.61x |
| Asset Growth % | 46.7% | 31.86% | 25.21% | 1.68% | 3.67% | -0.52% | -3.56% | -0.07% | 6.09% |
| Total Current Liabilities | 64.29M | 73.11M | 94.34M | 103.32M | 91.44M | 106.11M | 104.95M | 102.18M | 91.84M |
| Accounts Payable | 15.67M | 18.67M | 20.79M | 21.65M | 20.17M | 23.23M | 21.2M | 23.35M | 20.12M |
| Days Payables Outstanding | 91.09 | 82.79 | 87.15 | 103.39 | 84.36 | 82.12 | 69.7 | 73.5 | 66.65 |
| Short-Term Debt | 12.77M | 13.6M | 18.9M | 21.44M | 17.85M | 17.06M | 22.87M | 10.38M | 10.32M |
| Deferred Revenue (Current) | 18.79M | 23.2M | 31.03M | 36.16M | 33.31M | 41.72M | 86.53K | 0 | 43.5M |
| Other Current Liabilities | 20.71M | 27.77M | 8.31M | 9.23M | 908K | 1.03M | 43.33M | 62.95M | 17.16M |
| Current Ratio | 1.55x | 2.32x | 2.24x | 1.87x | 2.82x | 2.04x | 1.97x | 1.86x | 2.43x |
| Quick Ratio | 1.37x | 2.18x | 2.09x | 1.75x | 2.70x | 1.89x | 1.80x | 1.70x | 2.27x |
| Cash Conversion Cycle | 85.11 | 34.39 | 70.43 | 50.44 | 41.16 | 58.58 | 61.41 | 52.58 | 60.68 |
| Total Non-Current Liabilities | 95.74M | 104.12M | 137.59M | 132.51M | 89.39M | 76.22M | 55.09M | 45.67M | 73.25M |
| Long-Term Debt | 81.79M | 92.44M | 117.5M | 110.73M | 72.64M | 55.87M | 33.58M | 23.18M | 52.77M |
| Capital Lease Obligations | 6.13M | 0 | 7.21M | 8.67M | 5.27M | 5.15M | 5.33M | 5.11M | 3.06M |
| Deferred Tax Liabilities | 7.01M | 6.23M | 6.45M | 6.1M | 4.37M | 4.31M | 0 | 3.2M | 2.66M |
| Other Non-Current Liabilities | 7.82M | 11.68M | 781.26K | 486.97K | 667K | 1.61M | 16.17M | 909K | -2.58M |
| Total Liabilities | 160.02M | 177.24M | 231.93M | 235.83M | 180.83M | 182.33M | 160.04M | 147.84M | 165.09M |
| Total Debt | 94.56M | 106.04M | 143.61M | 140.84M | 99.11M | 80.98M | 64.4M | 41.28M | 66.15M |
| Net Debt | 51.38M | -9.47M | -1.08M | 4.37M | -96.92M | -59.89M | -63.17M | -61.02M | -67.71M |
| Debt / Equity | 1.22x | 0.78x | 0.90x | 0.86x | 0.43x | 0.35x | 0.27x | 0.17x | 0.26x |
| Debt / EBITDA | 7.46x | 4.87x | 7.34x | 9.37x | 3.02x | 4.11x | 2.37x | 1.32x | 2.56x |
| Net Debt / EBITDA | 4.05x | -0.43x | -0.05x | 0.29x | -2.96x | -3.04x | -2.32x | -1.95x | -2.63x |
| Interest Coverage | -0.12x | 1.07x | 2.22x | -1.73x | 4.81x | 0.30x | 4.08x | 5.72x | 0.92x |
| Total Equity | 77.52M▲ 0% | 135.99M▲ 75.4% | 160.27M▲ 17.9% | 162.96M▲ 1.7% | 232.58M▲ 42.7% | 228.93M▼ 1.6% | 236.59M▲ 3.3% | 248.49M▲ 5.0% | 255.37M▲ 2.8% |
| Equity Growth % | -1.92% | 75.44% | 17.86% | 1.67% | 42.72% | -1.57% | 3.35% | 5.03% | 2.77% |
| Book Value per Share | 1.64 | 2.68 | 2.97 | 3.05 | 4.09 | 3.88 | 4.00 | 4.20 | 4.32 |
| Total Shareholders' Equity | 77.52M | 135.99M | 156.6M | 162.96M | 232.58M | 228.96M | 236.65M | 248.58M | 255.45M |
| Common Stock | 2.73M | 3.05M | 3.44M | 5.01M | 4.49M | 4.49M | 4.49M | 4.49M | 4.49M |
| Retained Earnings | -3.71M | -1.58M | -305.32K | -8.95M | 965K | -1.16M | 5.84M | 19M | 47.16M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -5.05M | -3.7M | -1.55M | -5.96M | -6.75M | -8.27M | -7.63M | -9.08M | 0 |
| Minority Interest | 0 | 0 | 3.68M | 0 | 1K | -28K | -53K | -86K | -79.97K |
MTLS Cash Flow Statement
Materialise N.V. (MTLS) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 9.89M | 28.32M | 28.4M | 29.98M | 25.84M | 22.29M | 20.16M | 31.46M | 22.68M |
| Operating CF Margin % | 6.93% | 15.33% | 14.44% | 17.59% | 12.58% | 9.61% | 7.87% | 11.79% | 8.82% |
| Operating CF Growth % | 16.37% | 186.48% | 0.29% | 5.54% | -13.79% | -13.76% | -9.56% | 56.05% | -27.91% |
| Net Income | -1.66M | 3.03M | 1.64M | -7.27M | 13.14M | -2.15M | 6.58M | 13.41M | 7.41M |
| Depreciation & Amortization | 12.63M | 17.29M | 19.28M | 19.67M | 20.52M | 22.57M | 21.57M | 21.76M | 20.85M |
| Stock-Based Compensation | 1.03M | 1.07M | 302K | 752K | -1.04M | -140K | 39K | 285K | 0 |
| Deferred Taxes | 534K | 426K | 2.6M | -948K | 591K | 975K | 71.5K | 0 | -428.4K |
| Other Non-Cash Items | 984K | 1.25M | 916K | 5.26M | -1.48M | 14K | 4.47M | -2.58M | 3.34M |
| Working Capital Changes | -3.64M | 5.26M | 3.67M | 12.51M | -5.89M | 1.02M | -12.58M | -1.42M | -8.49M |
| Change in Receivables | -6.51M | -3.16M | 216K | 9.2M | -10.92M | -6.33M | -3.27M | -1.04M | -2.57M |
| Change in Inventory | -984K | 812K | -745K | 2.72M | -1.42M | -5.01M | -789.48K | -372K | -868.32K |
| Change in Payables | 3.85M | 7.6M | 4.2M | 583K | 6.45M | 0 | -8.78M | 0 | -4.81M |
| Cash from Investing | -59.18M | -22.13M | -25.62M | -28.27M | -13.13M | -53.86M | -11.04M | -28.59M | -9.32M |
| Capital Expenditures | -32.01M | -20.11M | -13.47M | -17.65M | -11.72M | -21.61M | -9.23M | -24.65M | -15.62M |
| CapEx % of Revenue | 22.45% | 10.88% | 6.85% | 10.36% | 5.71% | 9.31% | 3.61% | 9.24% | 6.08% |
| Acquisitions | -27.67M | -2.67M | -7.49M | -8.33M | -875K | -29.29M | 0 | -2.67M | 373.65K |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 502K | 5.15M | -4.38M | 3.78M | -536K | -2.96M | -1.8M | -1.27M | 5.93M |
| Cash from Financing | 38.04M | 65.23M | 10.78M | -16.89M | 71.16M | -22.51M | -22.37M | -27.64M | 18M |
| Debt Issued (Net) | 39.47M | 10.63M | 11.59M | -17.38M | -18.05M | -21.09M | -20.27M | -26.39M | 23M |
| Equity Issued (Net) | 0 | 60.49M | 0 | 4.11M | 88.12M | 23K | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1.43M | -5.89M | -810K | -3.62M | 1.09M | -1.45M | -2.1M | -1.25M | -5.01M |
| Net Change in Cash | -12.74M▲ 0% | 72.33M▲ 667.9% | 13.39M▼ 81.5% | -17.36M▼ 229.6% | 84.49M▲ 586.7% | -55.16M▼ 165.3% | -13.29M▲ 75.9% | -25.27M▼ 90.1% | 43.7M▲ 272.9% |
| Free Cash Flow | -22.13M▲ 0% | 8.21M▲ 137.1% | 12.74M▲ 55.0% | 12.33M▼ 3.2% | 14.12M▲ 14.6% | -2.48M▼ 117.6% | 8.4M▲ 437.9% | 5.08M▼ 39.5% | 9.14M▲ 79.9% |
| FCF Margin % | -15.52% | 4.45% | 6.48% | 7.23% | 6.87% | -1.07% | 3.28% | 1.9% | 3.56% |
| FCF Growth % | -263.69% | 137.13% | 55.05% | -3.23% | 14.56% | -117.6% | 437.91% | -39.51% | 79.95% |
| FCF per Share | -0.47 | 0.16 | 0.24 | 0.23 | 0.25 | -0.04 | 0.14 | 0.09 | 0.15 |
| FCF Conversion (FCF/Net Income) | -5.97x | 9.36x | 17.91x | -4.26x | 1.96x | -10.50x | 3.00x | 2.34x | 3.06x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.34M | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MTLS Key Ratios
Materialise N.V. (MTLS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -3.73% | -2.12% | 2.84% | 1.07% | -4.36% | 6.65% | -0.92% | 2.89% | 5.54% | 2.94% |
| Return on Invested Capital (ROIC) | 0.15% | 0.7% | 2.31% | 3.64% | -2.13% | 6.05% | -1.41% | 2.46% | 3.92% | 1.98% |
| Gross Margin | 59.2% | 55.96% | 55.45% | 55.74% | 55.15% | 57.52% | 55.5% | 56.66% | 56.54% | 57.15% |
| Net Margin | -2.64% | -1.16% | 1.64% | 0.81% | -4.13% | 6.4% | -0.92% | 2.62% | 5.04% | 2.88% |
| Debt / Equity | 0.43x | 1.22x | 0.78x | 0.90x | 0.86x | 0.43x | 0.35x | 0.27x | 0.17x | 0.26x |
| Interest Coverage | -0.26x | -0.12x | 1.07x | 2.22x | -1.73x | 4.81x | 0.30x | 4.08x | 5.72x | 0.92x |
| FCF Conversion | -2.81x | -5.97x | 9.36x | 17.91x | -4.26x | 1.96x | -10.50x | 3.00x | 2.34x | 3.06x |
| Revenue Growth | 12.19% | 24.54% | 29.56% | 6.47% | -13.34% | 20.53% | 12.93% | 10.39% | 4.15% | -3.63% |
MTLS Frequently Asked Questions
Materialise N.V. (MTLS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Materialise N.V. (MTLS) reported $278.5M in revenue for fiscal year 2025. This represents a 371% increase from $59.1M in 2012.
Materialise N.V. (MTLS) saw revenue decline by 3.6% over the past year.
Yes, Materialise N.V. (MTLS) is profitable, generating $7.4M in net income for fiscal year 2025 (2.9% net margin).
Dividend & Returns
Materialise N.V. (MTLS) has a return on equity (ROE) of 2.9%. This is below average, suggesting room for improvement.
Materialise N.V. (MTLS) generated $9.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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Materialise N.V. (MTLS) financial analysis — history, returns, DCA and operating performance tools
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