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Side-by-side financial comparison of STRATASYS LTD. (SSYS) and Latham Group, Inc. (SWIM). Click either name above to swap in a different company.
STRATASYS LTD. is the larger business by last-quarter revenue ($137.0M vs $100.0M, roughly 1.4× Latham Group, Inc.). Latham Group, Inc. runs the higher net margin — -7.0% vs -40.6%, a 33.6% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs -2.2%). Latham Group, Inc. produced more free cash flow last quarter ($14.1M vs $2.5M). Over the past eight quarters, Latham Group, Inc.'s revenue compounded faster (-4.9% CAGR vs -7.4%).
Stratasys, Ltd. is an American-Israeli manufacturer of 3D printers, software, and materials for polymer additive manufacturing as well as 3D-printed parts on-demand. The company is incorporated in Israel. Engineers use Stratasys systems to model complex geometries in a wide range of polymer materials, including: ABS, polyphenylsulfone (PPSF), polycarbonate (PC), polyetherimide and Nylon 12.
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
SSYS vs SWIM — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $137.0M | $100.0M |
| Net Profit | $-55.6M | $-7.0M |
| Gross Margin | 41.0% | 28.0% |
| Operating Margin | -16.6% | -10.7% |
| Net Margin | -40.6% | -7.0% |
| Revenue YoY | -2.2% | 14.5% |
| Net Profit YoY | -109.0% | 76.0% |
| EPS (diluted) | — | $-0.06 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $100.0M | ||
| Q3 25 | $137.0M | $161.9M | ||
| Q2 25 | $138.1M | $172.6M | ||
| Q1 25 | $136.0M | $111.4M | ||
| Q4 24 | — | $87.3M | ||
| Q3 24 | $140.0M | $150.5M | ||
| Q2 24 | $138.0M | $160.1M | ||
| Q1 24 | $144.1M | $110.6M |
| Q4 25 | — | $-7.0M | ||
| Q3 25 | $-55.6M | $8.1M | ||
| Q2 25 | $-16.7M | $16.0M | ||
| Q1 25 | $-13.1M | $-6.0M | ||
| Q4 24 | — | $-29.2M | ||
| Q3 24 | $-26.6M | $5.9M | ||
| Q2 24 | $-25.7M | $13.3M | ||
| Q1 24 | $-26.0M | $-7.9M |
| Q4 25 | — | 28.0% | ||
| Q3 25 | 41.0% | 35.4% | ||
| Q2 25 | 43.1% | 37.1% | ||
| Q1 25 | 44.3% | 29.5% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | 44.8% | 32.4% | ||
| Q2 24 | 43.8% | 33.1% | ||
| Q1 24 | 44.4% | 27.7% |
| Q4 25 | — | -10.7% | ||
| Q3 25 | -16.6% | 13.3% | ||
| Q2 25 | -12.0% | 14.3% | ||
| Q1 25 | -9.1% | -4.4% | ||
| Q4 24 | — | -14.9% | ||
| Q3 24 | -18.2% | 8.9% | ||
| Q2 24 | -18.9% | 12.5% | ||
| Q1 24 | -17.0% | -1.9% |
| Q4 25 | — | -7.0% | ||
| Q3 25 | -40.6% | 5.0% | ||
| Q2 25 | -12.1% | 9.3% | ||
| Q1 25 | -9.6% | -5.4% | ||
| Q4 24 | — | -33.4% | ||
| Q3 24 | -19.0% | 3.9% | ||
| Q2 24 | -18.6% | 8.3% | ||
| Q1 24 | -18.0% | -7.1% |
| Q4 25 | — | $-0.06 | ||
| Q3 25 | — | $0.07 | ||
| Q2 25 | — | $0.13 | ||
| Q1 25 | — | $-0.05 | ||
| Q4 24 | — | $-0.24 | ||
| Q3 24 | — | $0.05 | ||
| Q2 24 | — | $0.11 | ||
| Q1 24 | — | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $71.5M | — |
| Total DebtLower is stronger | — | $279.8M |
| Stockholders' EquityBook value | $852.5M | $405.9M |
| Total Assets | $1.1B | $823.2M |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $71.5M | — | ||
| Q2 25 | $71.1M | — | ||
| Q1 25 | $70.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $64.0M | — | ||
| Q2 24 | $70.9M | — | ||
| Q1 24 | $91.1M | — |
| Q4 25 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M | ||
| Q1 24 | — | $282.8M |
| Q4 25 | — | $405.9M | ||
| Q3 25 | $852.5M | $408.4M | ||
| Q2 25 | $902.4M | $398.4M | ||
| Q1 25 | $784.8M | $381.1M | ||
| Q4 24 | — | $387.2M | ||
| Q3 24 | $831.8M | $416.6M | ||
| Q2 24 | $850.5M | $408.1M | ||
| Q1 24 | $866.1M | $391.8M |
| Q4 25 | — | $823.2M | ||
| Q3 25 | $1.1B | $844.4M | ||
| Q2 25 | $1.1B | $822.1M | ||
| Q1 25 | $1.0B | $824.6M | ||
| Q4 24 | — | $794.2M | ||
| Q3 24 | $1.1B | $853.4M | ||
| Q2 24 | $1.1B | $830.0M | ||
| Q1 24 | $1.1B | $808.6M |
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $6.9M | $23.3M |
| Free Cash FlowOCF − Capex | $2.5M | $14.1M |
| FCF MarginFCF / Revenue | 1.8% | 14.1% |
| Capex IntensityCapex / Revenue | 3.2% | 9.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-11.5M | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $23.3M | ||
| Q3 25 | $6.9M | $51.0M | ||
| Q2 25 | $-1.1M | $36.0M | ||
| Q1 25 | $4.5M | $-46.9M | ||
| Q4 24 | — | $6.2M | ||
| Q3 24 | $-4.5M | $37.2M | ||
| Q2 24 | $-2.4M | $52.4M | ||
| Q1 24 | $7.3M | $-34.5M |
| Q4 25 | — | $14.1M | ||
| Q3 25 | $2.5M | $45.2M | ||
| Q2 25 | $-8.4M | $29.1M | ||
| Q1 25 | $789.0K | $-50.3M | ||
| Q4 24 | — | $-98.0K | ||
| Q3 24 | $-6.3M | $33.2M | ||
| Q2 24 | $-4.9M | $47.9M | ||
| Q1 24 | $5.0M | $-39.9M |
| Q4 25 | — | 14.1% | ||
| Q3 25 | 1.8% | 27.9% | ||
| Q2 25 | -6.1% | 16.8% | ||
| Q1 25 | 0.6% | -45.2% | ||
| Q4 24 | — | -0.1% | ||
| Q3 24 | -4.5% | 22.1% | ||
| Q2 24 | -3.6% | 29.9% | ||
| Q1 24 | 3.5% | -36.0% |
| Q4 25 | — | 9.2% | ||
| Q3 25 | 3.2% | 3.6% | ||
| Q2 25 | 5.3% | 4.0% | ||
| Q1 25 | 2.8% | 3.1% | ||
| Q4 24 | — | 7.2% | ||
| Q3 24 | 1.3% | 2.7% | ||
| Q2 24 | 1.8% | 2.8% | ||
| Q1 24 | 1.6% | 4.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | 6.29× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.32× | ||
| Q2 24 | — | 3.95× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SSYS
Segment breakdown not available.
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
