3D printing giant Stratasys has released its Q1 2026 financial report, showing total revenue of $132.7 million, a 2.4% year-on-year decline, with net loss expanding to $23.8 million, mainly due to slower new printer sales and increased tariff costs. Despite this, its parts manufacturing business, Stratasys Direct, posted strong results with sequential growth of over 10% and organic growth of 23% year-on-year, with its top three customers being U.S. drone manufacturers. The company is shifting its strategic focus toward high-growth sectors such as defense and aerospace, and maintains its full-year revenue guidance of $565 million to $575 million, indicating confidence in its medium- to long-term development.