Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v3.20.4
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues      
Total net sales $ 520,817 $ 636,080 $ 663,237
Cost of revenues      
Total cost of sales 301,423 322,388 338,013
Gross profit 219,394 313,692 325,224
Operating expenses      
Research and development, net 84,012 94,253 98,964
Selling, general and administrative 205,224 231,138 235,107
Goodwill impairment 386,154
Total operating expenses 675,390 325,391 334,071
Operating loss (455,996) (11,699) (8,847)
Financial income (expenses), net (575) 4,555 633
Loss before income taxes (456,571) (7,144) (8,214)
Income taxe expenses (benefit) (16,394) 3,523 4,736
Share in profits (losses) of associated companies (3,939) (412) 1,725
Net loss (444,116) (11,079) (11,225)
Net loss attributable to non-controlling interests (395) (230) (261)
Net loss attributable to Stratasys Ltd. $ (443,721) $ (10,849) $ (10,964)
Net loss per ordinary share attributable to Stratasys Ltd. - basic and diluted (in Dollars per share) $ (8.08) $ (0.20) $ (0.22)
Weighted average ordinary shares outstanding. - basic and diluted (in Shares) 54,918 54,260 53,751
Comprehensive Loss      
Net loss $ (444,116) $ (11,079) $ (11,225)
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustments 533 (580) 227
Unrealized gains (losses) on derivatives designated as cash flow hedge (1,663) 617 (957)
Other comprehensive income (loss), net of tax (1,130) 37 (730)
Comprehensive loss (445,246) (11,042) (11,955)
Less: Comprehensive loss attributable to non-controlling interests (395) (230) (261)
Comprehensive loss attributable to Stratasys Ltd. (444,851) (10,812) (11,694)
Products      
Revenues      
Total net sales 339,782 430,746 456,504
Cost of revenues      
Total cost of sales 171,235 182,430 203,622
Services      
Revenues      
Total net sales 181,035 205,334 206,733
Cost of revenues      
Total cost of sales $ 130,188 $ 139,958 $ 134,391