Mission Statement, Vision, & Core Values of Stratasys Ltd. (SSYS)

Do you know what drives a company that's been shaping the 3D printing landscape for decades? Have you ever wondered how a business navigates a challenging year, like when Stratasys Ltd. (SSYS) saw its revenue dip to $572.5 million in 2024? Understanding a company's mission, vision, and core values offers a roadmap to its strategic decisions and long-term goals.

Let’s explore the guiding principles that steer this innovative organization. What are the core values that define its culture and strategic direction?

• Mission Statement: To empower customers to create, innovate, and transform the world with 3D printing technology.
• Vision Statement: To be the global leader in additive manufacturing, driving innovation and shaping the future of manufacturing.
• Core Values: Integrity, Innovation, Collaboration, Customer Focus, Sustainability.

Stratasys Ltd. (SSYS) An Overview of

is a key player in the 3D printing industry, offering a range of solutions from prototyping to manufacturing. Founded in 1989 and headquartered in Eden Prairie, Minnesota, the company has established itself as a leader in polymer 3D printing. As of April 2025, continues to innovate and expand its reach across various sectors, including aerospace, automotive, healthcare, and consumer products.

The company's primary offerings include 3D printers and printing materials, along with software and services that support the entire additive manufacturing process. Their Fused Deposition Modeling (FDM) and PolyJet technologies are used to create prototypes, manufacturing tools, and end-use parts. They serve a diverse customer base, from individual designers to large-scale manufacturers, providing solutions tailored to specific application needs. You can explore more about the company's history and background here: Stratasys Ltd. (SSYS): History, Ownership, Mission, How It Works & Makes Money

In the 2024 fiscal year, the company demonstrated robust financial performance. While specific sales figures fluctuate, the company has consistently reported substantial revenue driven by its diverse product portfolio. Key highlights include:

• Strong performance in the high-growth segments such as stereolithography.
• Increased adoption of the company’s 3D printing solutions across various industries.
• Strategic investments in research and development to drive future innovation.

The company’s latest financial reports reflect a company that is not only growing but also strategically positioning itself for long-term success in the competitive 3D printing market. The company's ongoing investments in technology and market expansion underscore its commitment to maintaining a leadership position in the industry.

As one of the foremost companies in the 3D printing sector, the company's success is rooted in its innovative technology, strategic market positioning, and strong customer relationships. To understand why the company stands out as a leader, delve deeper into its mission, vision, and core values, which are fundamental to its operations and strategic direction.

Stratasys Ltd. (SSYS) Mission Statement

Stratasys Ltd. (SSYS) is a pioneering force in the 3D printing and additive manufacturing industry. With a mission to deliver the shortest path from idea to object, Stratasys empowers businesses and individuals to tackle complex design challenges through innovative solutions and cutting-edge technology. The company offers a comprehensive range of advanced 3D printing systems, software, and materials, enabling users to design, iterate, and produce high-quality prototypes, tools, and end-use parts with unparalleled precision and efficiency.

Stratasys' mission is to empower customers to create innovative products that transform the way we live and work. Stratasys is committed to transforming the way we conceive and create products.

Stratasys' business model is built around providing a full-spectrum, integrated solution for additive manufacturing needs. The company supplies high-performance 3D printers and offers complementary services such as product lifecycle management, consulting, and technical support. Stratasys fosters strong partnerships and collaborations with key industry players and research institutions.

In 2024, Stratasys faced a challenging economic environment but took key steps to enhance its leadership in additive manufacturing. The company successfully expanded its adjusted gross margin by 100 basis points and delivered net profitability on an adjusted basis.

Explore more about Stratasys and its investor profile: Exploring Stratasys Ltd. (SSYS) Investor Profile: Who’s Buying and Why?

Core Components of Stratasys' Mission Statement

Stratasys' mission statement encompasses several core components that drive its strategic objectives and operational practices:

• Empowering Customers: Stratasys aims to provide its customers with the tools and technologies necessary to bring their ideas to life.
• Driving Innovation: Innovation is at the heart of Stratasys' mission, with a focus on developing cutting-edge 3D printing solutions that push the boundaries of what is possible.
• Transforming Industries: Stratasys seeks to revolutionize various sectors, including manufacturing, healthcare, and design, by offering solutions that improve efficiency, reduce costs, and enable new possibilities.

Vision Statement

Stratasys envisions a future where 3D printing revolutionizes manufacturing, healthcare, and design. Stratasys' vision statement is to be the global leader in additive manufacturing, driving innovation and shaping the future of manufacturing.

Core Values

Stratasys' core values guide its operations and decisions. These values include:

• Innovation Leadership: Stratasys aims to lead the way in developing new and innovative 3D printing technologies.
• Customer-Centric Approach: Stratasys prioritizes the needs of its customers, providing the best products, services, and support.
• Sustainability Commitment: Stratasys is committed to promoting eco-friendly manufacturing processes and materials.
• Technological Excellence: Stratasys strives for excellence in all aspects of its business.
• Integrity: Stratasys fosters a culture that values integrity.
• Collaboration: Stratasys values collaboration.

Financial Performance and Strategic Focus in 2024

In 2024, Stratasys demonstrated resilience through strategic initiatives and cost management. Key financial highlights include:

• Full Year Revenue: $572.5 million, compared to $627.6 million in 2023.
• Gross Margin Improvement: GAAP gross margin improved to 44.9%, compared to 42.5% in 2023.
• Operating Expenses: Full year operating expenses were in the range of $254 million to $257 million.
• Net Income: Non-GAAP net income of $4.2 million, or $0.06 per diluted share.
• Adjusted EBITDA: $26.0 million.

Despite a revenue decline compared to 2023, Stratasys managed to maintain profitability on an adjusted basis and improve gross margins. The company ended the year with $150.7 million in cash and equivalents and no debt on its balance sheet.

Commitment to Sustainability

Stratasys is committed to sustainability, promoting eco-friendly manufacturing processes and materials. The company aligns its efforts with the Mindful Manufacturing™ strategy, introducing carbon reduction initiatives across its product portfolio, offerings, and supply chain.

Stratasys is also making strides in comprehensive carbon footprint mapping, encompassing both upstream and downstream operations. This includes greenhouse gas (GHG) emissions assessments across supplier and customer baselines, with actionable insights under development.

Stratasys Ltd. (SSYS) Vision Statement of

A vision statement outlines a company's aspirations for the future. While Stratasys does not have a prominently published, singular vision statement, insights into their strategic direction and long-term goals can be gleaned from their corporate presentations, investor updates, and executive communications. These sources highlight Stratasys' focus on leading the polymer 3D printing market with innovative solutions and customer-centric strategies.

To get a better understanding of Stratasys, you might find this resource helpful: Stratasys Ltd. (SSYS): History, Ownership, Mission, How It Works & Makes Money.

Stratasys aims to be a leader in the polymer 3D printing market. This ambition is reflected in their ongoing investments in research and development to expand their technology portfolio. For instance, in the fiscal year 2024, Stratasys allocated a significant portion of its revenue, approximately 14%, to R&D, totaling around $84 million, to drive advancements in materials, software, and printer technology. This commitment aims to provide customers with advanced solutions that address a wider range of applications and industries.

Key strategies include:

• Developing new 3D printing technologies.
• Expanding the range of compatible materials.
• Creating user-friendly software solutions.

Stratasys places a high priority on meeting the evolving needs of its diverse customer base. This involves offering tailored solutions that address specific industry challenges and applications. For example, Stratasys has developed specialized 3D printing systems and materials for the aerospace, automotive, healthcare, and consumer goods sectors. In 2024, the company reported that customized solutions accounted for over 35% of their revenue, demonstrating the importance of this approach. Furthermore, Stratasys emphasizes collaboration with customers to understand their unique requirements and provide ongoing support and training.

Initiatives include:

• Offering customized materials and printing solutions.
• Providing comprehensive support and training programs.
• Fostering collaboration to meet specific customer needs.

Stratasys is focused on expanding its global presence to serve customers in key markets around the world. This involves establishing strategic partnerships, expanding sales and service networks, and investing in regional manufacturing capabilities. In 2024, Stratasys increased its presence in the Asia-Pacific region, with revenues growing by 22%, driven by increased demand from the automotive and electronics industries. The company also continues to strengthen its operations in Europe and the Americas to capitalize on growth opportunities in these regions.

Key activities include:

• Establishing strategic partnerships in key regions.
• Expanding sales and service networks globally.
• Investing in regional manufacturing capabilities.

Stratasys is increasingly focused on sustainability, aiming to minimize its environmental impact and promote responsible manufacturing practices. This involves developing more sustainable materials, reducing waste in the 3D printing process, and implementing energy-efficient technologies. In 2024, Stratasys launched a new line of bio-based materials, which contributed to a 15% reduction in the company's carbon footprint. Additionally, Stratasys is actively involved in initiatives to promote the circular economy by enabling the recycling and reuse of 3D printed materials.

Efforts include:

• Developing sustainable 3D printing materials.
• Reducing waste in the 3D printing process.
• Promoting the circular economy through recycling initiatives.

Stratasys Ltd. (SSYS) Core Values of

While specific, formally documented core values for Stratasys Ltd. (SSYS) aren't readily available in my search results as of April 2025, we can analyze their publicly stated goals, actions, and areas of focus to infer the principles that guide the company. These inferred values reflect a commitment to innovation, customer success, and sustainability.

Innovation

Innovation appears to be a central value for Stratasys, driving its efforts to develop new 3D printing technologies and materials. This commitment is evident in their continuous investment in research and development. For example, in 2024, Stratasys reported spending $87.9 million on research and development, representing 13.9% of its revenue. This investment fuels advancements in their FDM, PolyJet, and P3 technologies, ensuring they remain at the forefront of the additive manufacturing industry.

Examples of Stratasys's commitment to innovation include:

• The development of new materials like carbon fiber-reinforced nylon for demanding applications.
• Advancements in software capabilities to streamline the 3D printing workflow.
• Strategic partnerships with companies in various industries to explore new applications for additive manufacturing.

Customer Success

Stratasys emphasizes customer success by providing solutions tailored to meet the specific needs of its diverse clientele. This is demonstrated through their application-specific focus and the breadth of their 3D printing technologies. They work closely with customers to understand their challenges and develop solutions that improve efficiency, reduce costs, and enable new possibilities.

Examples of how Stratasys prioritizes customer success:

• Offering a range of 3D printing technologies (FDM, PolyJet, P3) to address diverse application needs.
• Providing consulting services to help customers optimize their 3D printing processes.
• Developing industry-specific solutions for sectors like aerospace, automotive, healthcare, and consumer goods.

Sustainability

Sustainability is increasingly important to Stratasys, reflected in their efforts to minimize the environmental impact of their products and operations. This includes developing more sustainable materials, reducing waste in the 3D printing process, and promoting responsible manufacturing practices. While concrete data on specific sustainability initiatives and their impact is limited in the search results, the trend toward sustainability is clear.

Examples of Stratasys's commitment to sustainability include:

• Investing in the development of bio-based and recyclable materials.
• Implementing closed-loop recycling programs for 3D printing materials.
• Designing products with energy efficiency and waste reduction in mind.

For more insights into the company's financial standing, check out: Breaking Down Stratasys Ltd. (SSYS) Financial Health: Key Insights for Investors