Materialise NV (MTLS) Income Statement
MTLS 2025 at a glance
Fiscal year ended December 31, 2025 · eurosMTLS revenue and net income
Where MTLS's revenue goes
2025Each bar shows an amount and its share of revenue. MTLS kept 2.9% of revenue as net income.
MTLS profit margins
MTLS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −3.6% | +3.5% | +8.6% | +9.7% |
| Gross profit | −2.6% | +4.5% | +9.3% | +9.5% |
| Operating income | −47.6% | — | — | — |
| Net income | −44.8% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MTLS income statement in euros
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €257.1M | €266.8M | €256.1M | €232.0M | €205.4M | €170.4M | €196.7M | €184.7M | €142.6M | €114.5M |
| Cost of revenue | €110.2M | €115.9M | €111.0M | €103.3M | €87.3M | €76.4M | €87.1M | €82.3M | €62.8M | €46.7M |
| Gross profit | €146.9M | €150.8M | €145.1M | €128.8M | €118.2M | €94.0M | €109.6M | €102.4M | €79.8M | €67.8M |
| Research & development | €44.3M | €44.4M | €38.1M | €37.6M | €26.9M | €27.1M | €23.3M | €22.4M | €20.0M | €17.7M |
| Sales, general & admin | €96.3M | €39.6M | €94.9M | €93.0M | €77.6M | €69.6M | €31.6M | €32.3M | €25.5M | €20.0M |
| Total operating expenses | €142.0M | €141.4M | €139.5M | €131.6M | €106.0M | €98.6M | €102.7M | €97.3M | €78.9M | €67.7M |
| Operating income | €4.9M | €9.4M | €5.6M | −€2.9M | €12.2M | −€4.6M | €6.9M | €5.2M | €392,000 | €107,000 |
| Interest income | €2.8M | €4.3M | €3.5M | €6.1M | €5.6M | €2.5M | €1.4M | €0 | €6,000 | €14,000 |
| Interest expense | €5.4M | €1.6M | €2.1M | €2.9M | €3.4M | €3.4M | €3.2M | €4.9M | €1.0M | €665,000 |
| Income before taxes | €7.0M | €14.1M | €6.8M | −€1.2M | €13.7M | −€8.2M | €4.2M | €3.5M | −€1.6M | −€1.3M |
| Income taxes | −€412,067 | €733,000 | €78,000 | €975,000 | €591,000 | −€1.0M | €2.6M | €425,000 | €522,000 | €1.7M |
| Net income | €7.4M | €13.4M | €6.7M | −€2.1M | €13.2M | −€7.0M | €1.6M | €3.0M | −€2.1M | −€3.0M |
| EBITDA | €25.8M | €31.2M | €30.1M | €23.4M | €36.7M | €13.8M | €26.4M | €22.2M | €13.8M | €7.1M |
| Gross margin | 57.1% | 56.5% | 56.7% | 55.5% | 57.5% | 55.2% | 55.7% | 55.4% | 56.0% | 59.2% |
| Operating margin | 1.9% | 3.5% | 2.2% | −1.2% | 5.9% | −2.7% | 3.5% | 2.8% | 0.3% | 0.1% |
| Net margin | 2.9% | 5.0% | 2.6% | −0.9% | 6.4% | −4.1% | 0.8% | 1.6% | −1.5% | −2.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Dec '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | €71.2M | €66.3M | €70.2M | €65.7M | €64.8M | €65.7M | €63.6M | €63.6M | €60.1M | €64.8M | €65.9M | €62.7M |
| Cost of revenue | €30.8M | €28.4M | €29.4M | €29.3M | €27.1M | €29.3M | €27.7M | €27.0M | €26.4M | €27.8M | €29.0M | €27.0M |
| Gross profit | €40.4M | €37.9M | €40.8M | €36.4M | €37.8M | €36.4M | €35.9M | €36.6M | €33.7M | €37.0M | €36.8M | €35.7M |
| Research & development | €12.5M | €11.9M | €12.1M | €12.1M | €11.1M | €12.1M | €10.2M | €9.9M | €9.5M | €9.5M | €9.0M | €11.5M |
| Sales, general & admin | €25.4M | €9.4M | €56.0M | €10.4M | €9.7M | €10.4M | €9.3M | €20.6M | €8.6M | €23.7M | €23.3M | €26.3M |
| Total operating expenses | €38.4M | €35.8M | €37.7M | €37.6M | €35.0M | €37.6M | €33.4M | €34.5M | €31.4M | €37.6M | €31.8M | €37.2M |
| Operating income | €2.1M | €2.1M | €3.1M | −€1.3M | €2.7M | −€1.3M | €2.6M | €2.1M | €2.3M | −€597,000 | €5.0M | −€1.6M |
| Interest income | €219,000 | €1.1M | €507,000 | €541,000 | €987,000 | €1.2M | €2.3M | €537,000 | €2.9M | €1.3M | €809,000 | €780,000 |
| Interest expense | €885,421 | €700,000 | €2.1M | €2.5M | €4.0M | €2.5M | €798,000 | €259,174 | €1.6M | €670,000 | €1.4M | €4.2M |
| Income before taxes | €3.1M | €2.5M | €5.5M | €2.0M | −€322,000 | €2.0M | €4.1M | −€1.3M | €3.6M | €38,000 | €4.4M | −€5.0M |
| Income taxes | −€309,033 | €662,000 | −€695,000 | −€874,000 | −€521,000 | −€874,000 | €510,000 | −€788,242 | −€363,000 | €532,000 | €718,000 | −€402,000 |
| Net income | €3.4M | €1.8M | €6.2M | €2.9M | €199,000 | €2.9M | €3.6M | −€515,426 | €4.0M | −€488,000 | €3.7M | −€4.6M |
| EBITDA | €8.6M | €8.8M | €5.4M | €4.3M | €8.9M | €4.3M | €10.3M | €7.3M | €10.7M | €10.0M | €11.1M | −€774,000 |
| Gross margin | 56.8% | 57.2% | 58.1% | 55.4% | 58.3% | 55.4% | 56.5% | 57.5% | 56.0% | 57.2% | 55.9% | 56.9% |
| Operating margin | 2.9% | 3.2% | 4.4% | −1.9% | 4.2% | −1.9% | 4.1% | 3.3% | 3.9% | −0.9% | 7.6% | −2.5% |
| Net margin | 4.8% | 2.7% | 8.8% | 4.4% | 0.3% | 4.4% | 5.6% | −0.8% | 6.7% | −0.8% | 5.6% | −7.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in euros as reported in MTLS's financial statements (latest annual report filed April 23, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MTLS financial results
In fiscal year 2025 (ended December 31, 2025), Materialise reported revenue of €257.1 million, down 3.6% from the year before. It had net income of €7.4 million (down 44.8%), a net profit margin of 2.9%. Over five years revenue grew at an average rate of 8.6% a year. Figures are in euros, the currency of its financial statements.
See the MTLS stock overview for the latest quote and news, or the MTLS chart for price history and technical indicators.
MTLS income statement FAQ
What is Materialise's annual revenue?
Materialise reported total revenue of €257.1 million for fiscal year 2025, which ended on December 31, 2025. That was down 3.6% from €266.8 million the previous year.
Is Materialise profitable?
Yes. Materialise reported net income of €7.4 million in fiscal 2025, a net profit margin of 2.9%; its operating margin was 1.9%.
What is Materialise's gross margin?
Materialise's gross margin was 57.1% in fiscal 2025: for every $100 of revenue, Materialise kept $57 after the direct cost of its products and services.
How much does Materialise spend on research and development?
Materialise spent €44.3 million on research and development in fiscal 2025, 17.2% of revenue.
How fast is Materialise growing?
Revenue grew 8.6% a year on average over the last five fiscal years, from €170.4 million to €257.1 million.
When will Materialise report its next earnings?
Materialise is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 before the market opens.
When does Materialise's fiscal year end?
Materialise's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 23, 2026.