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

Consolidated Statements of Operations and Comprehensive Loss

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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues      
Total net sales $ 627,598,000 $ 651,483,000 $ 607,219,000
Cost of revenues      
Total cost of sales 360,574,000 375,016,000 347,141,000
Gross profit 267,024,000 276,467,000 260,078,000
Operating expenses      
Research and development, net 94,425,000 92,876,000 88,303,000
Selling, general and administrative 260,179,000 240,750,000 250,937,000
Total operating expenses 354,604,000 333,626,000 339,240,000
Operating loss (87,580,000) (57,159,000) (79,162,000)
Gain from deconsolidation of subsidiary 0 39,136,000 0
Gain from step acquisition 0 0 14,400,000
Financial income (expenses), net 2,993,000 229,000 (2,075,000)
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest (84,587,000) (17,794,000) (66,837,000)
Income tax benefit (expenses) 5,782,000 5,454,000 (3,906,000)
Share in net profits (losses) of associated companies (32,705,000) (5,726,000) 949,000
Net loss (123,074,000) (28,974,000) (61,982,000)
Net loss attributable to Stratasys Ltd. $ (123,074,000) $ (28,974,000) $ (61,982,000)
Earnings Per Share, Basic $ (1.79) $ (0.44) $ (0.98)
Weighted average shares outstanding - basic and diluted (in Shares) 68,666,000 66,491,000 63,471
Comprehensive Loss      
Net loss $ (123,074,000) $ (28,974,000) $ (61,982,000)
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustments 3,650,000 (2,175,000) (3,170,000)
Unrealized gains (losses) on derivatives designated as cash flow hedge 2,089,000 (1,872,000) 3,245,000
Other Comprehensive Income (Loss), Net of Tax, Total 5,739,000 (4,047,000) 75,000
Comprehensive loss (117,335,000) (33,021,000) (61,907,000)
Comprehensive loss attributable to Stratasys Ltd. (117,335,000) (33,021,000) (61,907,000)
Products      
Revenues      
Total net sales 433,741,000 452,124,000 417,557,000
Cost of revenues      
Total cost of sales 226,510,000 234,601,000 210,941,000
Services      
Revenues      
Total net sales 193,857,000 199,359,000 189,662,000
Cost of revenues      
Total cost of sales $ 134,064,000 $ 140,415,000 $ 136,200,000