# Nano Dimension Ltd. (NNDM)

> Source: Nexqual · https://nexqual.com/NNDM · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Nano Dimension Ltd. (NNDM), nexqual.com/NNDM" · informational, not investment advice.

**Price:** USD 1.38 (-2.13% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 1.41 · day 1.38–1.43 · 52w 1.19–2.32 · market cap $581M · NCM

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $98.9M, net income -$283M (-285.9% margin), free cash flow -$82.2M (SEC filings).
- Analysts: None.
- Total return with dividends: 1Y -19.3% vs S&P 500 +14.9%; 5Y -75.2% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD —, revenue estimate $0K.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|
| Revenue | $56.3M | $57.8M | $102M | $98.9M |
| Gross profit | $26.1M | $24.9M | $34.3M | — |
| Operating income | -$129M | -$89.6M | -$140M | -$169M |
| Net income | -$56.0M | -$98.8M | -$293M | -$283M |
| EPS (diluted) | -$0.23 | -$0.45 | -$1.36 | — |
| Free cash flow | -$77.8M | -$21.1M | -$71.3M | -$82.2M |
| Gross margin | 46.3% | 43.1% | 33.5% | — |
| Operating margin | -229.6% | -155.1% | -137.0% | -170.4% |
| Net margin | -99.4% | -171.1% | -286.3% | -285.9% |
| Revenue growth | — | +2.6% | +77.3% | — |
| Cash + short-term investments | $310M | $317M | $205M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 5.9x · P/B 1.2x · FCF yield -14.14% · Earnings yield -48.64%

## Analysts
Consensus None.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -19.3% | -75.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -19.4% | -24.3% |
| Volatility (annualized) | 53.0% | 47.7% |
| Max drawdown | -42.5% (Feb 2026→Jun 2026) | -77.4% (Oct 2021→Aug 2025) |

## Peers (Computer Hardware)
SSYS (Stratasys, Ltd.) USD 6.83 -1.59% · DDD (3D Systems Corporation) USD 3.05 +0.99% · QMCO (Quantum Corporation) USD 16.98 -3.63% · XTND (Xtend AI Robotics, Inc.) USD 1.73 -8.47% · BRAI (Braiin Limited) USD 3.87 -5.84% · UMAC (Unusual Machines, Inc.) USD 16.27 -4.18%

## More
Full page: https://nexqual.com/NNDM · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in NNDM's own 10-K filed 2026-03-31 (https://www.sec.gov/Archives/edgar/data/1643303/000119312526134641/nndm-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Israel | "As some of our offices, manufacturing facilities, and third-party contract manufacturers are located in Israel, we may be adversely affected by the implications of political, economic and military instability in Israel." |
| Supplier | Markforged Holding | "Related to Markforged printers, generally, our third-party contract manufacturers contract directly with component suppliers with our guidance." |
| Partner | HENSOLDT Holding Germany | "In June 2021, we established J.A.M.E.S., a joint venture with HENSOLDT Holding Germany GmbH, for developing additively manufactured electronics through engineering consulting and design sharing." |

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Product | $24.0M | 82.8% | +19.5% |
| Service | $5.0M | 17.2% | -13.7% |
| Total revenue | $29.0M | 100% | — |

## Revenue by region (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| EMEA | $11.4M | 39.3% | -2.2% |
| Americas | $10.3M | 35.4% | -6.6% |
| Asia Pacific | $7.3M | 25.2% | +128.2% |
| Total revenue | $29.0M | 100% | — |

## Customer concentration

Period ended 2025-12-31: 10%, 10% of revenue from unnamed direct customers (10-K, filed 2026-03-31).

## Company outlook (8-K filed 2026-08-06)

- "Update As previously announced in May 2026, given the Company's ongoing actions under its strategic plan and the potential for additional changes across the business, the Company has suspended its full year 2026 financial guidance."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter | — | — | — | $0 | — |
| Current fiscal year (ends 2026-12-31) | — | — | — | $0 | — |
| Next fiscal year | — | — | — | $0 | — |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-05): ±15.2%; last 4 reports averaged ±8.1%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 74.0% | ±15.2% |
| 2027-01-15 | 84 | 104.4% | ±27.2% |
| 2027-02-19 | 119 | 91.8% | ±67.0% |