Desktop Metal Past Earnings Performance
Past criteria checks 0/6
Desktop Metal's earnings have been declining at an average annual rate of -43.6%, while the Machinery industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 52.8% per year.
Key information
-43.6%
Earnings growth rate
17.1%
EPS growth rate
| Machinery Industry Growth | 8.8% |
| Revenue growth rate | 52.8% |
| Return on equity | -133.8% |
| Net Margin | -170.4% |
| Next Earnings Update | 09 May 2024 |
Recent past performance updates
Recent updates
Desktop Metal: Evidence Points Toward Further Deterioration
Mar 12Desktop Metal: It's Over
Nov 16Desktop Metal: Mounting Liquidity Concerns
Oct 25Desktop Metal: Teetering On The Edge
Sep 29Desktop Metal: Dead Money
Aug 04Desktop Metal: Scaling Additive Manufacturing
Jul 26Desktop Metal: High Ambitions Despite Macroeconomic Pressures
Jun 16A Look At The Intrinsic Value Of Desktop Metal, Inc. (NYSE:DM)
Mar 04
Desktop Metal: Single Attractive Price For ExOne And Other Acquisitions In Additive Manufacturing
Jan 24Newsflash: Desktop Metal, Inc. (NYSE:DM) Analysts Have Been Trimming Their Revenue Forecasts
Nov 16Desktop Metal: Getting Crushed
Nov 10Desktop Metal hires new finance chief
Oct 26FDA approves Desktop Metal unit's resin for orthodontic and dental applications
Oct 06Desktop Metal: The Recovery Isn't Over Yet
Sep 14Desktop Metal Could Have Exceptional Upside
Aug 21Desktop Metal stock gains on record Q2 revenue; reaffirms full year outlook
Aug 09Revenue & Expenses BreakdownBeta
How Desktop Metal makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 190 | -323 | 100 | 79 |
| 30 Sep 23 | 198 | -461 | 105 | 89 |
| 30 Jun 23 | 202 | -475 | 122 | 84 |
| 31 Mar 23 | 207 | -723 | 127 | 86 |
| 31 Dec 22 | 209 | -740 | 143 | 90 |
| 30 Sep 22 | 205 | -499 | 143 | 86 |
| 30 Jun 22 | 183 | -505 | 141 | 90 |
| 31 Mar 22 | 145 | -251 | 126 | 82 |
| 31 Dec 21 | 112 | -240 | 102 | 69 |
| 30 Sep 21 | 64 | -138 | 89 | 58 |
| 30 Jun 21 | 41 | -91 | 64 | 47 |
| 31 Mar 21 | 24 | -71 | 46 | 42 |
| 31 Dec 20 | 16 | -34 | 33 | 43 |
| 30 Sep 20 | 14 | -93 | 29 | 45 |
| 30 Jun 20 | 20 | -97 | 27 | 50 |
| 31 Mar 20 | 24 | -99 | 29 | 54 |
| 31 Dec 19 | 26 | -104 | 30 | 55 |
| 31 Dec 18 | 1 | -121 | 23 | 60 |
Quality Earnings: DM is currently unprofitable.
Growing Profit Margin: DM is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DM is unprofitable, and losses have increased over the past 5 years at a rate of 43.6% per year.
Accelerating Growth: Unable to compare DM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DM is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (16.8%).
Return on Equity
High ROE: DM has a negative Return on Equity (-133.78%), as it is currently unprofitable.