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NNDM

Nano Dimension Ltd.

NNDM

Nano Dimension Ltd. • NASDAQ
$1.77 ▲ 2.91% (+0.05)
Market Cap $386.41 M
52w High $2.74
52w Low $1.31
Dividend Yield 0%
P/E -5.36
Volume 1.45M
Outstanding Shares 218.31M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $26.884M ▲ $41.272M ▼ $-53.005M ▲ -197.162% ▲ $-0.24 ▲ $0 ▲
Q2-2025 $25.837M ▲ $47.013M ▲ $-181.036M ▼ -700.685% ▼ $-0.83 ▼ $-4.27M ▲
Q1-2025 $14.401M ▼ $45.994M ▲ $-23.775M ▼ -165.093% ▼ $-0.11 ▼ $-20.553M ▲
Q4-2024 $14.569M ▼ $31.195M ▲ $-8.805M ▼ -60.437% ▼ $-0.04 ▼ $-67.508M ▼
Q3-2024 $14.856M $27.434M $-8.346M -56.179% $-0.038 $-6.062M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $513.827M ▲ $691.94M ▼ $89.131M ▼ $602.809M ▼
Q2-2025 $438.146M ▼ $888.838M ▼ $229.332M ▲ $659.506M ▼
Q1-2025 $744.665M ▼ $898.231M ▼ $65.349M ▲ $832.391M ▼
Q4-2024 $757.959M ▼ $901.889M ▼ $43.182M ▲ $857.992M ▼
Q3-2024 $760.751M $908.123M $40.523M $866.635M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-29.503M ▼ $-7.94M ▲ $143.1M ▲ $-5.089M ▼ $113.859M ▲ $-8.151M ▲
Q2-2025 $-12.899M ▲ $-45.968M ▼ $-269.814M ▼ $11.097M ▲ $-302.893M ▼ $-46.134M ▼
Q1-2025 $-24.011M ▼ $-20.359M ▼ $191.584M ▲ $-1.16M ▼ $170.269M ▲ $-20.654M ▼
Q4-2024 $-9.06M ▼ $-12.412M ▲ $117.161M ▲ $-1.146M ▼ $103.509M ▲ $-12.949M ▲
Q3-2024 $-8.64M $-13.908M $-3.331M $-669K $-18.117M $-14.398M

Five-Year Company Overview

Income Statement

Income Statement Nano Dimension is still very much in the “build” phase, not the “harvest” phase. Revenue is very small for a listed technology company and has only inched up over the past few years. Gross profit is positive, which is good, but operating losses remain large compared with sales. Losses did shrink at one point, but they are still meaningful and have not yet shown a clear, steady trend toward break-even. In simple terms: the business is not yet scaled, is spending heavily relative to its current size, and profitability is still a future goal rather than a current reality.

Balance Sheet

Balance Sheet The balance sheet is the strongest part of the story. The company holds a large cash position compared with its size and has only minimal debt. Equity is high, reflecting the capital raised in prior years. Total assets and cash have come down from earlier peaks but remain substantial, giving the company a cushion to fund operations, integration of acquisitions, and ongoing R&D. Financially, this looks like a cash-rich, low-debt platform that has room to execute its strategy, though not indefinitely if losses persist.

Cash Flow

Cash Flow Cash flow from operations has been consistently negative, showing that the core business is not yet self-funding. Free cash flow is also negative, with a particularly heavy investment phase a few years ago when capital spending was elevated. More recently, cash burn appears more controlled but still present. The company is effectively using its cash reserves to support R&D, integration, and growth initiatives. The key question going forward is whether operating cash outflows can narrow meaningfully before the cash cushion is eroded.

Competitive Edge

Competitive Edge Nano Dimension sits in a specialized niche at the intersection of 3D printing and electronics manufacturing. Its early move into additively manufactured electronics, combined with its ecosystem of printers, software, and proprietary materials, gives it a differentiated position. Acquisitions in metals and composites broaden that platform. The company targets demanding, high-value customers in aerospace, defense, medical, and advanced manufacturing, where its technology can matter most. However, it competes both with traditional, well-established manufacturing methods and with other advanced 3D printing players. Its moat is based on technology, integration, and patents, but it is not yet unassailable, and adoption still needs to scale meaningfully.

Innovation and R&D

Innovation and R&D Innovation is at the core of Nano Dimension’s identity. It is pushing forward in 3D-printed electronics, micro-scale manufacturing, new materials, and AI-driven production control. The DragonFly line, Fabrica micro-printing, advanced inks, and AI from DeepCube all point to a company trying to build a broad, smart manufacturing platform rather than a single-product niche. This innovation comes with high R&D intensity and complexity: multiple technologies, acquired businesses, and software layers must all be integrated into a coherent offering that customers can adopt at scale. If successful, this creates a powerful technology stack; if not, it risks remaining an impressive but underutilized toolkit.

Summary

Nano Dimension today looks like an early-stage, technology-rich manufacturer with a strong balance sheet but an income statement and cash flow profile that are still firmly in investment mode. The company has built a unique position in additively manufactured electronics and is expanding into adjacent digital manufacturing segments through acquisitions and internal R&D. Its financial strength lies in its cash and low debt, which buy time to integrate acquisitions, refine the product portfolio, and work toward profitable scale. The main uncertainties are the pace of customer adoption, the complexity of integrating multiple acquired technologies, and the company’s ability to transition from cash-burning innovator to a sustainable, profit-generating industrial technology platform.

NEWS

November 19, 2025 · 4:05 PM UTC

Nano Dimension Announces Financial Results for the Third Quarter 2025

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October 30, 2025 · 4:30 PM UTC

Nano Dimension to Host Q3 2025 Financial Results Conference Call

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October 21, 2025 · 5:25 PM UTC

Nano Dimension Announces 2025 Annual General Meeting (AGM) of Shareholders

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October 21, 2025 · 5:20 PM UTC

Nano Dimension Announces Chief Financial Officer Transition

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October 14, 2025 · 9:00 AM UTC

Spectrum Networks, LLC and ALOFT AeroArchitects Use Markforged Additive Manufacturing to Deliver Certified Parts for VIP and Government Aircraft

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