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Side-by-side financial comparison of STRATASYS LTD. (SSYS) and Target Hospitality Corp. (TH). Click either name above to swap in a different company.

STRATASYS LTD. is the larger business by last-quarter revenue ($137.0M vs $73.5M, roughly 1.9× Target Hospitality Corp.). Target Hospitality Corp. runs the higher net margin — -20.3% vs -40.6%, a 20.3% gap on every dollar of revenue. On growth, Target Hospitality Corp. posted the faster year-over-year revenue change (22.0% vs -2.2%). Over the past eight quarters, Target Hospitality Corp.'s revenue compounded faster (0.7% 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.

Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.

SSYS vs TH — Head-to-Head

Bigger by revenue
SSYS
SSYS
1.9× larger
SSYS
$137.0M
$73.5M
TH
Growing faster (revenue YoY)
TH
TH
+24.2% gap
TH
22.0%
-2.2%
SSYS
Higher net margin
TH
TH
20.3% more per $
TH
-20.3%
-40.6%
SSYS
Faster 2-yr revenue CAGR
TH
TH
Annualised
TH
0.7%
-7.4%
SSYS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
SSYS
SSYS
TH
TH
Revenue
$137.0M
$73.5M
Net Profit
$-55.6M
$-14.9M
Gross Margin
41.0%
9.6%
Operating Margin
-16.6%
-22.9%
Net Margin
-40.6%
-20.3%
Revenue YoY
-2.2%
22.0%
Net Profit YoY
-109.0%
-219.1%
EPS (diluted)
$-0.14

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.

Revenue
SSYS
SSYS
TH
TH
Q4 25
$73.5M
Q3 25
$137.0M
$91.6M
Q2 25
$138.1M
$54.9M
Q1 25
$136.0M
$54.9M
Q4 24
$60.2M
Q3 24
$140.0M
$65.8M
Q2 24
$138.0M
$67.5M
Q1 24
$144.1M
$72.4M
Net Profit
SSYS
SSYS
TH
TH
Q4 25
$-14.9M
Q3 25
$-55.6M
$-795.0K
Q2 25
$-16.7M
$-14.9M
Q1 25
$-13.1M
$-6.5M
Q4 24
$12.5M
Q3 24
$-26.6M
$20.0M
Q2 24
$-25.7M
$18.4M
Q1 24
$-26.0M
$20.4M
Gross Margin
SSYS
SSYS
TH
TH
Q4 25
9.6%
Q3 25
41.0%
19.6%
Q2 25
43.1%
-0.6%
Q1 25
44.3%
32.7%
Q4 24
61.5%
Q3 24
44.8%
68.7%
Q2 24
43.8%
69.4%
Q1 24
44.4%
67.8%
Operating Margin
SSYS
SSYS
TH
TH
Q4 25
-22.9%
Q3 25
-16.6%
0.1%
Q2 25
-12.0%
-30.8%
Q1 25
-9.1%
-2.0%
Q4 24
34.5%
Q3 24
-18.2%
42.5%
Q2 24
-18.9%
43.8%
Q1 24
-17.0%
42.0%
Net Margin
SSYS
SSYS
TH
TH
Q4 25
-20.3%
Q3 25
-40.6%
-0.9%
Q2 25
-12.1%
-27.2%
Q1 25
-9.6%
-11.8%
Q4 24
20.8%
Q3 24
-19.0%
30.4%
Q2 24
-18.6%
27.2%
Q1 24
-18.0%
28.2%
EPS (diluted)
SSYS
SSYS
TH
TH
Q4 25
$-0.14
Q3 25
$-0.01
Q2 25
$-0.15
Q1 25
$-0.07
Q4 24
$0.12
Q3 24
$0.20
Q2 24
$0.18
Q1 24
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SSYS
SSYS
TH
TH
Cash + ST InvestmentsLiquidity on hand
$71.5M
$8.3M
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$852.5M
$389.3M
Total Assets
$1.1B
$530.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SSYS
SSYS
TH
TH
Q4 25
$8.3M
Q3 25
$71.5M
$30.4M
Q2 25
$71.1M
$19.2M
Q1 25
$70.1M
$34.5M
Q4 24
$190.7M
Q3 24
$64.0M
$177.7M
Q2 24
$70.9M
$154.3M
Q1 24
$91.1M
$124.3M
Total Debt
SSYS
SSYS
TH
TH
Q4 25
$1.7M
Q3 25
$2.0M
Q2 25
$26.3M
Q1 25
$42.9M
Q4 24
$1.5M
Q3 24
$994.0K
Q2 24
$1.1M
Q1 24
$179.9M
Stockholders' Equity
SSYS
SSYS
TH
TH
Q4 25
$389.3M
Q3 25
$852.5M
$402.4M
Q2 25
$902.4M
$401.3M
Q1 25
$784.8M
$415.3M
Q4 24
$421.1M
Q3 24
$831.8M
$417.6M
Q2 24
$850.5M
$397.2M
Q1 24
$866.1M
$375.5M
Total Assets
SSYS
SSYS
TH
TH
Q4 25
$530.2M
Q3 25
$1.1B
$541.2M
Q2 25
$1.1B
$533.7M
Q1 25
$1.0B
$562.5M
Q4 24
$725.8M
Q3 24
$1.1B
$709.8M
Q2 24
$1.1B
$697.0M
Q1 24
$1.1B
$687.2M
Debt / Equity
SSYS
SSYS
TH
TH
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.07×
Q1 25
0.10×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SSYS
SSYS
TH
TH
Operating Cash FlowLast quarter
$6.9M
$5.7M
Free Cash FlowOCF − Capex
$2.5M
FCF MarginFCF / Revenue
1.8%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-11.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SSYS
SSYS
TH
TH
Q4 25
$5.7M
Q3 25
$6.9M
$53.4M
Q2 25
$-1.1M
$11.1M
Q1 25
$4.5M
$3.9M
Q4 24
$30.6M
Q3 24
$-4.5M
$31.4M
Q2 24
$-2.4M
$39.1M
Q1 24
$7.3M
$50.6M
Free Cash Flow
SSYS
SSYS
TH
TH
Q4 25
Q3 25
$2.5M
Q2 25
$-8.4M
Q1 25
$789.0K
$-11.6M
Q4 24
Q3 24
$-6.3M
Q2 24
$-4.9M
Q1 24
$5.0M
FCF Margin
SSYS
SSYS
TH
TH
Q4 25
Q3 25
1.8%
Q2 25
-6.1%
Q1 25
0.6%
-21.1%
Q4 24
Q3 24
-4.5%
Q2 24
-3.6%
Q1 24
3.5%
Capex Intensity
SSYS
SSYS
TH
TH
Q4 25
Q3 25
3.2%
Q2 25
5.3%
Q1 25
2.8%
28.2%
Q4 24
Q3 24
1.3%
Q2 24
1.8%
Q1 24
1.6%
Cash Conversion
SSYS
SSYS
TH
TH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
2.44×
Q3 24
1.57×
Q2 24
2.13×
Q1 24
2.48×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SSYS
SSYS

Segment breakdown not available.

TH
TH

Services$40.9M56%
Hospitality And Facilities Services South$32.6M44%

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