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Appendix
3D Systems Corporation Unaudited Reconciliations of GAAP to Non-GAAP Measures Three Months Ended March 31, 2024 , 2023 | ||||||||||||||||
| Gross Profit and Gross Profit Margin (1) | ||||||||||||||||
| Three Months Ended March 31, | ||||||||||||||||
| (in thousands) | 2024 | 2023 | ||||||||||||||
| Gross Profit |
Gross Profit
Margin | Gross Profit |
Gross Profit
Margin | |||||||||||||
| GAAP | $ | 40.9 | 39.8 | % | $ | 47.1 | 38.8 | % | ||||||||
| Amortization expense included in Cost of sales | 0.3 | 0.1 | ||||||||||||||
| Non-GAAP (2) | $ | 41.2 | 40.1 | % | $ | 47.2 | 39.0 | % | ||||||||
| (1) | Amounts in table may not foot due to rounding |
| (2) | Calculated as non-GAAP gross profit as a percentage of total revenue. |
| Non-GAAP Operating Expense (1) | |||||||
| Three Months Ended March 31, | |||||||
| (in millions) | 2024 | 2023 | |||||
| Operating expense | $ | 80.8 | $ | 80.5 | |||
| Amortization expense | (2.0 | ) | (3.1 | ) | |||
| Stock-based compensation expense | (8.2 | ) | (10.3 | ) | |||
| Acquisition and divestiture-related expense | (0.1 | ) | (2.7 | ) | |||
| Legal and other expense | (4.2 | ) | (0.1 | ) | |||
| Restructuring expense | — | (1.7 | ) | ||||
| Non-GAAP operating expense | $ | 66.3 | $ | 62.6 | |||
