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Stratasys vs Xerox: revenue, profit, margins and growth compared

Stratasys brought in $551.1M of revenue in fiscal 2025, Xerox $7B in fiscal 2025. Revenue changed by -3.7% at Stratasys and +12.9% at Xerox on the year before, so Xerox grew faster. Stratasys kept -18.9% of its revenue as net profit, Xerox -14.7%. Free cash flow was -$7M at Stratasys and $187M at Xerox.

Side by side, latest fiscal year

SSYSXRX
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$551.1M$7B
Revenue growth-3.7%+12.9%
Net income-$104.3M-$1B
Net margin-18.9%-14.7%
Free cash flow-$7M$187M
Free cash flow margin-1.3%2.7%
Earnings per share (diluted)-$1.28-$8.25
Cash$94.5M$512M
Debtn/a$4B
Price to earningsn/an/a
Market value$711.8M$436M
Dividend yieldn/a6.02%
Rank by revenue in sector#295 of 530 · Technology#70 of 530 · Technology

Over the years

Revenue
SSYS FY2018: $663.2MSSYS FY2019: $636.1MSSYS FY2020: $520.8MSSYS FY2021: $607.2MSSYS FY2022: $651.5MSSYS FY2023: $627.6MSSYS FY2024: $572.5MSSYS FY2025: $551.1MXRX FY2019: $9.7BXRX FY2019: $9.1BXRX FY2020: $7BXRX FY2021: $7BXRX FY2022: $7.1BXRX FY2023: $6.9BXRX FY2024: $6.2BXRX FY2025: $7BFY18FY19FY20FY21FY22FY23FY24FY25
SSYS $551.1MXRX $7B
Net income
SSYS FY2018: -$11MSSYS FY2019: -$10.8MSSYS FY2020: -$443.7MSSYS FY2021: -$62MSSYS FY2022: -$29MSSYS FY2023: -$123.1MSSYS FY2024: -$120.3MSSYS FY2025: -$104.3MXRX FY2019: $361MXRX FY2019: $1.4BXRX FY2020: $192MXRX FY2021: -$455MXRX FY2022: -$322MXRX FY2023: $1MXRX FY2024: -$1.3BXRX FY2025: -$1BFY18FY19FY20FY21FY22FY23FY24FY25
SSYS -$104.3MXRX -$1B
Net margin
SSYS FY2018: -1.7%SSYS FY2019: -1.7%SSYS FY2020: -85.2%SSYS FY2021: -10.2%SSYS FY2022: -4.4%SSYS FY2023: -19.6%SSYS FY2024: -21.0%SSYS FY2025: -18.9%XRX FY2019: 3.7%XRX FY2019: 14.9%XRX FY2020: 2.7%XRX FY2021: -6.5%XRX FY2022: -4.5%XRX FY2023: 0.0%XRX FY2024: -21.2%XRX FY2025: -14.7%FY18FY19FY20FY21FY22FY23FY24FY25
SSYS -18.9%XRX -14.7%
Revenue growth
SSYS FY2019: -4.1%SSYS FY2020: -18.1%SSYS FY2021: +16.6%SSYS FY2022: +7.3%SSYS FY2023: -3.7%SSYS FY2024: -8.8%SSYS FY2025: -3.7%XRX FY2019: -6.2%XRX FY2020: -22.5%XRX FY2021: +0.2%XRX FY2022: +1.0%XRX FY2023: -3.1%XRX FY2024: -9.7%XRX FY2025: +12.9%FY19FY20FY21FY22FY23FY24FY25
SSYS -3.7%XRX +12.9%
Free cash flow
SSYS FY2018: $40.4MSSYS FY2019: -$33.6MSSYS FY2020: $859KSSYS FY2021: $10.8MSSYS FY2022: -$89MSSYS FY2023: -$75.2MSSYS FY2024: -$3MSSYS FY2025: -$7MXRX FY2019: $1.1BXRX FY2019: $1.3BXRX FY2020: $504MXRX FY2021: $600MXRX FY2022: $123MXRX FY2023: $657MXRX FY2024: $484MXRX FY2025: $187MFY18FY19FY20FY21FY22FY23FY24FY25
SSYS -$7MXRX $187M

Fiscal years as each company reports them; the two may end in different months.

Questions about Stratasys and Xerox

Which is bigger by revenue, Stratasys or Xerox?

Xerox is bigger by revenue: $7B in fiscal 2025, against $551.1M for Stratasys in fiscal 2025.

Which keeps more of its revenue as profit, Stratasys or Xerox?

Stratasys had a net margin of -18.9% in fiscal 2025; Xerox had -14.7% in fiscal 2025.

Which grew revenue faster, Stratasys or Xerox?

In their latest fiscal years revenue changed by -3.7% at Stratasys and +12.9% at Xerox.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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