Materialise NV share price today
Materialise NV · MTLS · Technology · Software - Application · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
Materialise NV share price: $7.32 at the close on 4 November 2026, +26.6% in a year.
Materialise NV's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.
The main question: the share price moved +26.6% in a year while yearly earnings per share moved −42.8%. The difference came from the market paying a higher multiple.
The price has been between phases, and the P/E is lower than 93% of its own last 1 year. Over the last four quarters, results have been improving, with profit +1,591.4% on a year earlier, and 276% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.
What is the Materialise NV share price today?
Materialise NV's share price was $7.32 at the close on 4 November 2026. That is 14.2% above its average price over the last 200 trading days. In the last 52 weeks it traded between $5 and $9, and at that close it sat 66% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.
Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 25 weeks in a row.
Nov 2026: $7.32, 14.2% above its 200-day average.
- Price $7.32
- 50-day avg $7.87
- 200-day avg $6.41
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 11 Jul 2025 | $5.92 | – | – |
| 18 Jul 2025 | $5.84 | – | – |
| 25 Jul 2025 | $5.33 | – | – |
| 1 Aug 2025 | $5.02 | – | – |
| 8 Aug 2025 | $5.03 | – | – |
| 15 Aug 2025 | $5.17 | – | – |
| 22 Aug 2025 | $5.25 | – | – |
| 29 Aug 2025 | $5.11 | – | – |
| 5 Sep 2025 | $4.95 | – | – |
| 12 Sep 2025 | $5.11 | – | – |
| 19 Sep 2025 | $5.29 | $5.27 | – |
| 26 Sep 2025 | $5.62 | $5.25 | – |
| 3 Oct 2025 | $6.14 | $5.23 | – |
| 10 Oct 2025 | $5.79 | $5.32 | – |
| 17 Oct 2025 | $6.02 | $5.42 | – |
| 24 Oct 2025 | $6.04 | $5.51 | – |
| 31 Oct 2025 | $6.40 | $5.59 | – |
| 7 Nov 2025 | $5.78 | $5.69 | – |
| 14 Nov 2025 | $6.01 | $5.80 | – |
| 21 Nov 2025 | $5.97 | $5.88 | – |
| 28 Nov 2025 | $6.03 | $5.95 | – |
| 5 Dec 2025 | $5.84 | $5.99 | – |
| 12 Dec 2025 | $5.68 | $6.01 | – |
| 19 Dec 2025 | $5.69 | $5.95 | – |
| 26 Dec 2025 | $5.57 | $5.92 | – |
| 2 Jan 2026 | $5.45 | $5.87 | – |
| 9 Jan 2026 | $5.77 | $5.87 | – |
| 16 Jan 2026 | $5.64 | $5.82 | – |
| 23 Jan 2026 | $5.62 | $5.79 | – |
| 30 Jan 2026 | $5.51 | $5.76 | – |
| 6 Feb 2026 | $5.51 | $5.70 | – |
| 13 Feb 2026 | $5.65 | $5.65 | – |
| 20 Feb 2026 | $5.43 | $5.62 | – |
| 27 Feb 2026 | $5.18 | $5.57 | – |
| 6 Mar 2026 | $5.23 | $5.53 | – |
| 13 Mar 2026 | $5.23 | $5.50 | – |
| 20 Mar 2026 | $4.89 | $5.43 | – |
| 27 Mar 2026 | $4.80 | $5.35 | – |
| 2 Apr 2026 | $5.00 | $5.30 | – |
| 10 Apr 2026 | $5.07 | $5.23 | – |
| 17 Apr 2026 | $5.46 | $5.21 | – |
| 24 Apr 2026 | $5.21 | $5.20 | $5.53 |
| 1 May 2026 | $5.63 | $5.18 | $5.51 |
| 8 May 2026 | $5.41 | $5.21 | $5.50 |
| 15 May 2026 | $5.68 | $5.25 | $5.51 |
| 22 May 2026 | $5.90 | $5.29 | $5.53 |
| 29 May 2026 | $6.67 | $5.39 | $5.55 |
| 5 Jun 2026 | $6.56 | $5.57 | $5.59 |
| 12 Jun 2026 | $6.66 | $5.74 | $5.63 |
| 18 Jun 2026 | $6.71 | $5.88 | $5.66 |
| 26 Jun 2026 | $7.07 | $6.03 | $5.71 |
| 2 Jul 2026 | $7.16 | $6.18 | $5.75 |
| 10 Jul 2026 | $6.77 | $6.35 | $5.79 |
| 17 Jul 2026 | $6.54 | $6.47 | $5.82 |
| 24 Jul 2026 | $6.55 | $6.57 | $5.83 |
| 31 Jul 2026 | $6.35 | $6.64 | $5.84 |
| 7 Aug 2026 | $6.85 | $6.71 | $5.86 |
| 14 Aug 2026 | $6.92 | $6.73 | $5.88 |
| 21 Aug 2026 | $6.61 | $6.73 | $5.89 |
| 28 Aug 2026 | $7.02 | $6.75 | $5.91 |
| 4 Sep 2026 | $7.46 | $6.80 | $5.94 |
| 11 Sep 2026 | $7.64 | $6.83 | $5.97 |
| 18 Sep 2026 | $7.77 | $6.89 | $6.02 |
| 25 Sep 2026 | $8.43 | $7.02 | $6.07 |
| 2 Oct 2026 | $8.50 | $7.22 | $6.14 |
| 9 Oct 2026 | $8.30 | $7.43 | $6.21 |
| 16 Oct 2026 | $8.00 | $7.58 | $6.27 |
| 23 Oct 2026 | $8.63 | $7.73 | $6.34 |
| 30 Oct 2026 | $7.18 | $7.83 | $6.39 |
| 4 Nov 2026 | $7.32 | $7.87 | $6.41 |
Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Ahead in 34 of 57 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 11 Jul 2025 | no S&P 500 reading |
| 18 Jul 2025 | no S&P 500 reading |
| 25 Jul 2025 | no S&P 500 reading |
| 1 Aug 2025 | no S&P 500 reading |
| 8 Aug 2025 | no S&P 500 reading |
| 15 Aug 2025 | no S&P 500 reading |
| 22 Aug 2025 | no S&P 500 reading |
| 29 Aug 2025 | no S&P 500 reading |
| 5 Sep 2025 | no S&P 500 reading |
| 12 Sep 2025 | no S&P 500 reading |
| 19 Sep 2025 | no S&P 500 reading |
| 26 Sep 2025 | no S&P 500 reading |
| 3 Oct 2025 | no S&P 500 reading |
| 10 Oct 2025 | −6.9% |
| 17 Oct 2025 | −2.8% |
| 24 Oct 2025 | +7.0% |
| 31 Oct 2025 | +17.8% |
| 7 Nov 2025 | +9.6% |
| 14 Nov 2025 | +11.8% |
| 21 Nov 2025 | +11.6% |
| 28 Nov 2025 | +12.1% |
| 5 Dec 2025 | +12.0% |
| 12 Dec 2025 | +7.5% |
| 19 Dec 2025 | +5.0% |
| 26 Dec 2025 | −5.2% |
| 2 Jan 2026 | −13.3% |
| 9 Jan 2026 | −6.6% |
| 16 Jan 2026 | −10.4% |
| 23 Jan 2026 | −8.7% |
| 30 Jan 2026 | −15.4% |
| 6 Feb 2026 | −7.6% |
| 13 Feb 2026 | −7.5% |
| 20 Feb 2026 | −13.7% |
| 27 Feb 2026 | −14.5% |
| 6 Mar 2026 | −8.5% |
| 13 Mar 2026 | −5.1% |
| 20 Mar 2026 | −9.4% |
| 27 Mar 2026 | −5.7% |
| 2 Apr 2026 | −4.3% |
| 10 Apr 2026 | −10.0% |
| 17 Apr 2026 | −5.9% |
| 24 Apr 2026 | −10.9% |
| 1 May 2026 | −2.0% |
| 8 May 2026 | −8.6% |
| 15 May 2026 | −7.9% |
| 22 May 2026 | +0.5% |
| 29 May 2026 | +18.5% |
| 5 Jun 2026 | +15.7% |
| 12 Jun 2026 | +15.3% |
| 18 Jun 2026 | +22.1% |
| 26 Jun 2026 | +32.3% |
| 2 Jul 2026 | +29.6% |
| 10 Jul 2026 | +22.4% |
| 17 Jul 2026 | +15.1% |
| 24 Jul 2026 | +22.2% |
| 31 Jul 2026 | +9.1% |
| 7 Aug 2026 | +21.8% |
| 14 Aug 2026 | +16.8% |
| 21 Aug 2026 | +9.3% |
| 28 Aug 2026 | +3.5% |
| 4 Sep 2026 | +9.3% |
| 11 Sep 2026 | +11.7% |
| 18 Sep 2026 | +13.8% |
| 25 Sep 2026 | +13.4% |
| 2 Oct 2026 | +15.4% |
| 9 Oct 2026 | +19.5% |
| 16 Oct 2026 | +19.6% |
| 23 Oct 2026 | +28.9% |
| 30 Oct 2026 | +11.9% |
| 4 Nov 2026 | +7.7% |
Over the last 1 year the share price moved +24% while the S&P 500 moved +23%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does Materialise NV pay?
Materialise NV pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.
Which stock lists is Materialise NV on?
Materialise NV is on one of our US lists: US tech stocks.
Is Materialise NV profitable?
Materialise NV earned $3.3 M of net profit in the Jun 2026 quarter, +1,591.4% on the same quarter a year earlier. Full-year FY25 profit was $7.7 M. Over 4 years profit has grown −12.5% a year on average. That is 4.8% of the quarter's revenue. The same quarter a year earlier earned $197 K.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
2 of the last 12 reported quarters were loss-making.
For the full year, FY25 profit was $7.7 M (−42.6% on the year before).
FY25 profit $7.7 M (−42.6% on the year before), −12.5% a year over 4 years
- Net profit $7.7 M
| Quarter | Net profit |
|---|---|
| FY21 | $13.2 M |
| FY22 | −$2.1 M |
| FY23 | $6.7 M |
| FY24 | $13.4 M |
| FY25 | $7.7 M |
Growth on a year earlier
- Growth on a year earlier −42.6%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | −116.1% |
| FY23 | – |
| FY24 | 99.9% |
| FY25 | −42.6% |
Jun 2026: $3.3 M (+1,591.4% on a year earlier)
- Net profit (quarterly) $3.3 M
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | $4.0 M |
| Dec 2023 | −$0.5 M |
| Mar 2024 | $3.6 M |
| Jun 2024 | $3.9 M |
| Sep 2024 | $3.4 M |
| Dec 2024 | $2.9 M |
| Mar 2025 | −$0.5 M |
| Jun 2025 | $0.2 M |
| Sep 2025 | $1.8 M |
| Dec 2025 | $6.2 M |
| Mar 2026 | $1.8 M |
| Jun 2026 | $3.3 M |
Growth on a year earlier
- Growth on a year earlier 1,591.4%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | 182.7% |
| Dec 2023 | – |
| Mar 2024 | −3.5% |
| Jun 2024 | – |
| Sep 2024 | −15.1% |
| Dec 2024 | – |
| Mar 2025 | −114.8% |
| Jun 2025 | −94.9% |
| Sep 2025 | −45.8% |
| Dec 2025 | 112.8% |
| Mar 2026 | – |
| Jun 2026 | 1,591.4% |
Why profit moved: revenue changed +8.1% on a year earlier and the margin moved +0.5 percentage points. Sales did the work, and the margin was about flat.
On average over the last four quarters, profit changed +552.8% and revenue +0.2%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.
How much revenue does Materialise NV make, and is it growing?
Materialise NV reported $70.1 M of revenue in the Jun 2026 quarter, +8.1% on the same quarter a year earlier. Over 4 years it has grown 6.8% a year on average. The last full year, FY25, came in at $268 M. The last four reported quarters add to $273 M.
Revenue is everything the company billed its customers in the period.
FY25 revenue was $268 M, +0.3% on the year before.
FY25 revenue $268 M (+0.3% on the year before), 6.8% a year over 4 years
- Revenue $268 M
| Quarter | Revenue |
|---|---|
| FY21 | $205 M |
| FY22 | $232 M |
| FY23 | $256 M |
| FY24 | $267 M |
| FY25 | $268 M |
Growth on a year earlier
- Growth on a year earlier 0.3%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 12.9% |
| FY23 | 10.4% |
| FY24 | 4.2% |
| FY25 | 0.3% |
Jun 2026: $70.1 M (+8.1% on a year earlier)
- Revenue (quarterly) $70.1 M
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | $60.1 M |
| Dec 2023 | $65.3 M |
| Mar 2024 | $63.6 M |
| Jun 2024 | $68.8 M |
| Sep 2024 | $76.9 M |
| Dec 2024 | $65.7 M |
| Mar 2025 | $66.4 M |
| Jun 2025 | $64.8 M |
| Sep 2025 | $66.3 M |
| Dec 2025 | $70.2 M |
| Mar 2026 | $66.3 M |
| Jun 2026 | $70.1 M |
Growth on a year earlier
- Growth on a year earlier 8.1%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | 3.2% |
| Dec 2023 | 4.1% |
| Mar 2024 | −3.4% |
| Jun 2024 | 6.2% |
| Sep 2024 | 27.8% |
| Dec 2024 | 0.6% |
| Mar 2025 | 4.3% |
| Jun 2025 | −5.8% |
| Sep 2025 | −13.8% |
| Dec 2025 | 6.8% |
| Mar 2026 | −0.2% |
| Jun 2026 | 8.1% |
Recent pace: the last four quarters grew +0.2% on average, against 6.8% a year over the longer run, so this year is growing slower than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew −0.4%, against +2.9% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +120.5%, against +9.8% a year (accelerating).
How much of every $100 of sales does Materialise NV keep?
Materialise NV's operating margin was 0.6% in the Jun 2026 quarter, 0.5 percentage points higher than the same quarter a year ago. Across 5 years it has been between −1.5% and 6.2%. The latest quarter is within that range.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why the margin moved: operating margin changed +0.5 percentage points on the year while gross margin changed −1.5 points. So the gain came mostly from the gross margin, which means input costs and prices charged.
FY25: 3.3%, within a range of −1.5% to 6.2% over 5 years
- Operating margin 3.3%
| Quarter | Operating margin |
|---|---|
| FY21 | 6.2% |
| FY22 | −1.5% |
| FY23 | 5.9% |
| FY24 | 3.5% |
| FY25 | 3.3% |
Change on the year before (points)
- Change on the year before (points) −0.2 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | −7.7 pts |
| FY23 | +7.4 pts |
| FY24 | −2.4 pts |
| FY25 | −0.2 pts |
Jun 2026: operating margin 0.6% (+0.5 points on a year earlier)
- Operating margin 0.6%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | 3.9% |
| Dec 2023 | 12.7% |
| Mar 2024 | 4.1% |
| Jun 2024 | 5.5% |
| Sep 2024 | 6.3% |
| Dec 2024 | −1.9% |
| Mar 2025 | 0.9% |
| Jun 2025 | 0.1% |
| Sep 2025 | 3.8% |
| Dec 2025 | 4.4% |
| Mar 2026 | 3.2% |
| Jun 2026 | 0.6% |
Change on a year earlier (points)
- Change on a year earlier (points) +0.5 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | +4.4 pts |
| Dec 2023 | +16.3 pts |
| Mar 2024 | −3.5 pts |
| Jun 2024 | −1.6 pts |
| Sep 2024 | +2.4 pts |
| Dec 2024 | −14.6 pts |
| Mar 2025 | −3.2 pts |
| Jun 2025 | −5.4 pts |
| Sep 2025 | −2.5 pts |
| Dec 2025 | +6.3 pts |
| Mar 2026 | +2.3 pts |
| Jun 2026 | +0.5 pts |
Is Materialise NV's profit turning into cash?
Over the last 3 years, 276% of Materialise NV's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $25.3 M of operating cash against $7.7 M of profit. After $14.1 M of spending on assets, $11.2 M was left over as free cash.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY25: operating cash $25.3 M against profit $7.7 M; 276% of 3 years' profit came in as cash
- Operating cash $25.3 M
- Net profit $7.7 M
- Free cash $11.2 M
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY21 | $25.8 M | $13.2 M | $17.9 M |
| FY22 | $22.3 M | −$2.1 M | $0.7 M |
| FY23 | $20.2 M | $6.7 M | $10.9 M |
| FY24 | $31.5 M | $13.4 M | $6.8 M |
| FY25 | $25.3 M | $7.7 M | $11.2 M |
Jun 2026: operating cash $8.1 M = 244% of the quarter's profit
- Operating cash (quarterly) $8.1 M
| Quarter | Operating cash (quarterly) |
|---|---|
| Sep 2023 | $8.1 M |
| Dec 2023 | $0.2 M |
| Mar 2024 | $10.0 M |
| Jun 2024 | $8.4 M |
| Sep 2024 | $6.9 M |
| Dec 2024 | $6.2 M |
| Mar 2025 | $9.7 M |
| Jun 2025 | $0 |
| Sep 2025 | $10.4 M |
| Dec 2025 | $5.3 M |
| Mar 2026 | $6.9 M |
| Jun 2026 | $8.1 M |
Operating cash as % of profit
- Operating cash as % of profit 244%
| Quarter | Operating cash as % of profit |
|---|---|
| Sep 2023 | 203% |
| Dec 2023 | – |
| Mar 2024 | 278% |
| Jun 2024 | 216% |
| Sep 2024 | 201% |
| Dec 2024 | 213% |
| Mar 2025 | – |
| Jun 2025 | −14% |
| Sep 2025 | 561% |
| Dec 2025 | 85% |
| Mar 2026 | 380% |
| Jun 2026 | 244% |
Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does Materialise NV's cash go?
Materialise NV does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $48.0 M on assets over the last 3 years. Averaged over those years that is 6.0% of FY25 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $48.0 M over the last 3 years.
FY25: capex $14.1 M, down from the year before
- Capex $14.1 M
| Quarter | Capex |
|---|---|
| FY21 | $7.9 M |
| FY22 | $21.6 M |
| FY23 | $9.2 M |
| FY24 | $24.6 M |
| FY25 | $14.1 M |
Jun 2026: capex $1.8 M in the quarter
- Capex (quarterly) $1.8 M
| Quarter | Capex (quarterly) |
|---|---|
| Sep 2023 | $2.5 M |
| Dec 2023 | $2.4 M |
| Mar 2024 | $2.5 M |
| Jun 2024 | $8.0 M |
| Sep 2024 | $6.8 M |
| Dec 2024 | $7.3 M |
| Mar 2025 | $1.4 M |
| Jun 2025 | $4.2 M |
| Sep 2025 | $4.8 M |
| Dec 2025 | $3.7 M |
| Mar 2026 | $1.0 M |
| Jun 2026 | $1.8 M |
Free cash
- Free cash $6.3 M
| Quarter | Free cash |
|---|---|
| Sep 2023 | $5.6 M |
| Dec 2023 | −$2.2 M |
| Mar 2024 | $7.4 M |
| Jun 2024 | $0.5 M |
| Sep 2024 | $0 |
| Dec 2024 | −$1.1 M |
| Mar 2025 | $8.3 M |
| Jun 2025 | −$4.2 M |
| Sep 2025 | $5.6 M |
| Dec 2025 | $1.6 M |
| Mar 2026 | $5.9 M |
| Jun 2026 | $6.3 M |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is Materialise NV's P/E ratio, and how does it compare with its own history?
Materialise NV's P/E is 30.9×, near the low end of its own history: it has been lower only 7% of the time. Its usual P/E (the middle reading) is 42.5×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
P/E 30.9× against a usual 42.5×: near the low end of its own history: it has been lower only 7% of the time
- P/E 33.7×
- Median 42.5×
| Week | P/E | Median |
|---|---|---|
| 11 Jul 2025 | 63.7× | 42.5× |
| 18 Jul 2025 | 62.8× | 42.5× |
| 25 Jul 2025 | 57.3× | 42.5× |
| 1 Aug 2025 | 54.0× | 42.5× |
| 8 Aug 2025 | 54.1× | 42.5× |
| 15 Aug 2025 | 55.6× | 42.5× |
| 22 Aug 2025 | 56.5× | 42.5× |
| 29 Aug 2025 | 55.0× | 42.5× |
| 5 Sep 2025 | 53.2× | 42.5× |
| 12 Sep 2025 | 55.0× | 42.5× |
| 19 Sep 2025 | 56.9× | 42.5× |
| 26 Sep 2025 | 60.4× | 42.5× |
| 3 Oct 2025 | 84.1× | 42.5× |
| 10 Oct 2025 | 79.3× | 42.5× |
| 17 Oct 2025 | 82.5× | 42.5× |
| 24 Oct 2025 | 82.7× | 42.5× |
| 31 Oct 2025 | 84.1× | 42.5× |
| 7 Nov 2025 | 79.2× | 42.5× |
| 14 Nov 2025 | 82.3× | 42.5× |
| 21 Nov 2025 | 81.8× | 42.5× |
| 28 Nov 2025 | 82.6× | 42.5× |
| 5 Dec 2025 | 80.0× | 42.5× |
| 12 Dec 2025 | 77.8× | 42.5× |
| 19 Dec 2025 | 78.0× | 42.5× |
| 26 Dec 2025 | 76.3× | 42.5× |
| 2 Jan 2026 | 44.3× | 42.5× |
| 9 Jan 2026 | 46.9× | 42.5× |
| 16 Jan 2026 | 45.9× | 42.5× |
| 23 Jan 2026 | 45.7× | 42.5× |
| 30 Jan 2026 | 44.8× | 42.5× |
| 6 Feb 2026 | 44.8× | 42.5× |
| 13 Feb 2026 | 45.9× | 42.5× |
| 20 Feb 2026 | 44.1× | 42.5× |
| 27 Feb 2026 | 42.1× | 42.5× |
| 6 Mar 2026 | 42.5× | 42.5× |
| 13 Mar 2026 | 42.5× | 42.5× |
| 20 Mar 2026 | 39.8× | 42.5× |
| 27 Mar 2026 | 39.0× | 42.5× |
| 2 Apr 2026 | 30.7× | 42.5× |
| 10 Apr 2026 | 31.1× | 42.5× |
| 17 Apr 2026 | 33.5× | 42.5× |
| 24 Apr 2026 | 32.0× | 42.5× |
| 1 May 2026 | 34.5× | 42.5× |
| 8 May 2026 | 33.2× | 42.5× |
| 15 May 2026 | 34.9× | 42.5× |
| 22 May 2026 | 36.2× | 42.5× |
| 29 May 2026 | 40.9× | 42.5× |
| 5 Jun 2026 | 40.3× | 42.5× |
| 12 Jun 2026 | 40.9× | 42.5× |
| 18 Jun 2026 | 41.2× | 42.5× |
| 26 Jun 2026 | 43.4× | 42.5× |
| 2 Jul 2026 | 33.0× | 42.5× |
| 10 Jul 2026 | 31.2× | 42.5× |
| 17 Jul 2026 | 30.1× | 42.5× |
| 24 Jul 2026 | 30.2× | 42.5× |
| 31 Jul 2026 | 29.3× | 42.5× |
| 7 Aug 2026 | 31.6× | 42.5× |
| 14 Aug 2026 | 31.9× | 42.5× |
| 21 Aug 2026 | 30.5× | 42.5× |
| 28 Aug 2026 | 32.4× | 42.5× |
| 4 Sep 2026 | 34.4× | 42.5× |
| 11 Sep 2026 | 35.2× | 42.5× |
| 18 Sep 2026 | 35.8× | 42.5× |
| 25 Sep 2026 | 38.9× | 42.5× |
| 2 Oct 2026 | 39.2× | 42.5× |
| 9 Oct 2026 | 38.3× | 42.5× |
| 16 Oct 2026 | 36.9× | 42.5× |
| 23 Oct 2026 | 39.8× | 42.5× |
| 30 Oct 2026 | 33.1× | 42.5× |
| 4 Nov 2026 | 33.7× | 42.5× |
Earnings per share, 12 months
- Earnings per share, 12 months $0.22
| Week | Earnings per share, 12 months |
|---|---|
| 11 Jul 2025 | – |
| 18 Jul 2025 | – |
| 25 Jul 2025 | – |
| 1 Aug 2025 | – |
| 8 Aug 2025 | – |
| 15 Aug 2025 | – |
| 22 Aug 2025 | – |
| 29 Aug 2025 | – |
| 5 Sep 2025 | – |
| 12 Sep 2025 | – |
| 19 Sep 2025 | – |
| 26 Sep 2025 | $0.09 |
| 3 Oct 2025 | $0.09 |
| 10 Oct 2025 | $0.09 |
| 17 Oct 2025 | $0.09 |
| 24 Oct 2025 | $0.09 |
| 31 Oct 2025 | $0.09 |
| 7 Nov 2025 | $0.09 |
| 14 Nov 2025 | $0.09 |
| 21 Nov 2025 | $0.09 |
| 28 Nov 2025 | $0.09 |
| 5 Dec 2025 | $0.09 |
| 12 Dec 2025 | $0.09 |
| 19 Dec 2025 | $0.09 |
| 26 Dec 2025 | $0.07 |
| 2 Jan 2026 | $0.07 |
| 9 Jan 2026 | $0.07 |
| 16 Jan 2026 | $0.07 |
| 23 Jan 2026 | $0.07 |
| 30 Jan 2026 | $0.07 |
| 6 Feb 2026 | $0.07 |
| 13 Feb 2026 | $0.07 |
| 20 Feb 2026 | $0.07 |
| 27 Feb 2026 | $0.07 |
| 6 Mar 2026 | $0.07 |
| 13 Mar 2026 | $0.07 |
| 20 Mar 2026 | $0.07 |
| 27 Mar 2026 | $0.12 |
| 2 Apr 2026 | $0.12 |
| 10 Apr 2026 | $0.12 |
| 17 Apr 2026 | $0.12 |
| 24 Apr 2026 | $0.12 |
| 1 May 2026 | $0.12 |
| 8 May 2026 | $0.12 |
| 15 May 2026 | $0.12 |
| 22 May 2026 | $0.12 |
| 29 May 2026 | $0.12 |
| 5 Jun 2026 | $0.12 |
| 12 Jun 2026 | $0.12 |
| 18 Jun 2026 | $0.12 |
| 26 Jun 2026 | $0.16 |
| 2 Jul 2026 | $0.16 |
| 10 Jul 2026 | $0.16 |
| 17 Jul 2026 | $0.16 |
| 24 Jul 2026 | $0.16 |
| 31 Jul 2026 | $0.16 |
| 7 Aug 2026 | $0.16 |
| 14 Aug 2026 | $0.16 |
| 21 Aug 2026 | $0.16 |
| 28 Aug 2026 | $0.16 |
| 4 Sep 2026 | $0.16 |
| 11 Sep 2026 | $0.16 |
| 18 Sep 2026 | $0.16 |
| 25 Sep 2026 | $0.22 |
| 2 Oct 2026 | $0.22 |
| 9 Oct 2026 | $0.22 |
| 16 Oct 2026 | $0.22 |
| 23 Oct 2026 | $0.22 |
| 30 Oct 2026 | $0.22 |
| 4 Nov 2026 | $0.22 |
PEG 10.14 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
- PEG 6.00×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Sep 2021 | 2.40× | 1.00× |
| Dec 2021 | 1.18× | 1.00× |
| Mar 2022 | 1.29× | 1.00× |
| Jun 2022 | 6.00× | 1.00× |
| Sep 2022 | 6.00× | 1.00× |
| Dec 2022 | 6.00× | 1.00× |
| Mar 2023 | 6.00× | 1.00× |
| Jun 2023 | 6.00× | 1.00× |
| Sep 2023 | 6.00× | 1.00× |
| Dec 2023 | 6.00× | 1.00× |
| Mar 2024 | 6.00× | 1.00× |
| Jun 2024 | 6.00× | 1.00× |
| Sep 2024 | 6.00× | 1.00× |
| Dec 2024 | 6.00× | 1.00× |
| Mar 2025 | 6.00× | 1.00× |
| Jun 2025 | 6.00× | 1.00× |
| Sep 2025 | 6.00× | 1.00× |
| Dec 2025 | 6.00× | 1.00× |
| Mar 2026 | 6.00× | 1.00× |
| Jun 2026 | 6.00× | 1.00× |
Why the multiple is where it is: over the past year earnings per share moved −42.8% while the price moved +26.6%. The price did better than earnings, which pushed the multiple up within its own range.
In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.
Is the Materialise NV business getting better or worse?
Materialise NV's business is giving mixed signals. Growth has been steadily positive, but ROCE at 2.6% is below the 15% level needed to call it steady growth. This is based on 12 quarters of 4 measures.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue +0.3% in FY25, profit −42.6%
- Revenue growth 0.3%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 12.9% |
| FY23 | 10.4% |
| FY24 | 4.2% |
| FY25 | 0.3% |
Profit growth, EPS growth
- Profit growth −42.6%
- EPS growth −42.8%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY21 | – | – |
| FY22 | −116.1% | −117.4% |
| FY23 | – | – |
| FY24 | 99.9% | 106.8% |
| FY25 | −42.6% | −42.8% |
Three growth lines over twelve quarters: revenue rolling over, profit accelerating
- Revenue −0.4%
| Quarter | Revenue |
|---|---|
| Sep 2023 | 12% |
| Dec 2023 | 10.4% |
| Mar 2024 | 3.6% |
| Jun 2024 | 2.5% |
| Sep 2024 | 8.3% |
| Dec 2024 | 7.4% |
| Mar 2025 | 9.4% |
| Jun 2025 | 6.2% |
| Sep 2025 | −4.2% |
| Dec 2025 | −2.7% |
| Mar 2026 | −3.7% |
| Jun 2026 | −0.4% |
Profit, EPS
- Profit 120.5%
- EPS 134.2%
| Quarter | Profit | EPS |
|---|---|---|
| Sep 2023 | −62.8% | −67.3% |
| Dec 2023 | – | – |
| Mar 2024 | 300% | 300% |
| Jun 2024 | 300% | – |
| Sep 2024 | 287.8% | 300% |
| Dec 2024 | 105.3% | 108.3% |
| Mar 2025 | 46.8% | 43.6% |
| Jun 2025 | −45.4% | −49.6% |
| Sep 2025 | −57.2% | −56.1% |
| Dec 2025 | −44.1% | −45.2% |
| Mar 2026 | 4.1% | 5.3% |
| Jun 2026 | 120.5% | 134.2% |
ROCE: the return line, worked out each quarter
- ROCE 2.6%
| Quarter | ROCE |
|---|---|
| Sep 2023 | 3.2% |
| Dec 2023 | 6.8% |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Dec 2024 | – |
| Mar 2025 | 2.7% |
| Jun 2025 | 1.4% |
| Sep 2025 | 0.6% |
| Dec 2025 | 2% |
| Mar 2026 | 2.5% |
| Jun 2026 | 2.6% |
Why it matters: when the lines disagree, each line above matters more than any single label.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | +0.3% | +4.9% | — | — |
| Profit | −42.6% | — | — | — |
| EPS | −42.8% | — | — | — |
| Stock price | +26.6% | — | — | — |
How much does Materialise NV earn on its capital?
Materialise NV earned a ROE of 3% in FY25. That is up from a low of −1% in FY22. Its return on capital used (ROIC) is 4.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
It comes from a 2.9% net margin and 0.64× asset turnover (sales divided by assets).
Why the return is what it is (FY25): a 2.9% net margin × 0.64× asset turnover × 1.65× leverage (assets divided by equity) ≈ 3.1% on equity. The margin does its share; borrowing is a big part of it.
The key test, return on capital used minus the cost of capital: 5.3% − 9.6% = −4.3 percentage points. The 9.6% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.
FY25: ROE 3%, the climb back from FY22's −1%
- ROE 3%
- ROIC (annual) 4.8%
- Cost of capital 9.6%
| Quarter | ROE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY21 | 5.7% | 9% | 9.6% |
| FY22 | −0.9% | −2.3% | 9.6% |
| FY23 | 2.8% | 8.7% | 9.6% |
| FY24 | 5.4% | 5% | 9.6% |
| FY25 | 3% | 4.8% | 9.6% |
Jun 2026: ROIC 3.5% (last 12 months) against a 9.6% cost of capital
- ROIC (12 months) 3.5%
- ROE (12 months) 2.8%
- Cost of capital 9.6%
| Quarter | ROIC (12 months) | ROE (12 months) | Cost of capital |
|---|---|---|---|
| Sep 2023 | −34.4% | −0.8% | 9.6% |
| Dec 2023 | −32.9% | 6.8% | 9.6% |
| Mar 2024 | −26.7% | −0.9% | 9.6% |
| Jun 2024 | −27.9% | 6% | 9.6% |
| Sep 2024 | 9.4% | 6.4% | 9.6% |
| Dec 2024 | 10.6% | 5.6% | 9.6% |
| Mar 2025 | 5% | 4.7% | 9.6% |
| Jun 2025 | 4% | −0.9% | 9.6% |
| Sep 2025 | 2.2% | 0.3% | 9.6% |
| Dec 2025 | 0.6% | 3% | 9.6% |
| Mar 2026 | 3% | 9.8% | 9.6% |
| Jun 2026 | 3.5% | 2.8% | 9.6% |
Does Materialise NV have too much debt?
Materialise NV has total debt of $59.5 M against shareholder equity of $256 M as of Jun 2026, so its debt is 0.23× its equity, which is very little. Year by year, that ratio went from 0.43 in FY21 to 0.25 in FY25. So the returns on this page come from the business, not from borrowed money.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY25: debt $63.1 M, 0.25× equity
- Total debt $63.1 M
| Quarter | Total debt |
|---|---|
| FY21 | $99.1 M |
| FY22 | $81.0 M |
| FY23 | $64.4 M |
| FY24 | $41.3 M |
| FY25 | $63.1 M |
Debt-to-equity
- Debt-to-equity 0.25×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | 0.43× |
| FY22 | 0.35× |
| FY23 | 0.27× |
| FY24 | 0.17× |
| FY25 | 0.25× |
Jun 2026: debt $59.5 M, debt-to-equity 0.23
- Total debt (quarterly) $59.5 M
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $66.2 M |
| Dec 2023 | $64.4 M |
| Mar 2024 | $59.7 M |
| Jun 2024 | $58.0 M |
| Sep 2024 | $53.0 M |
| Dec 2024 | $41.3 M |
| Mar 2025 | $36.4 M |
| Jun 2025 | $53.7 M |
| Sep 2025 | $64.3 M |
| Dec 2025 | $63.1 M |
| Mar 2026 | $60.1 M |
| Jun 2026 | $59.5 M |
Debt-to-equity
- Debt-to-equity 0.23×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 0.28× |
| Dec 2023 | 0.27× |
| Mar 2024 | 0.25× |
| Jun 2024 | 0.24× |
| Sep 2024 | 0.21× |
| Dec 2024 | 0.17× |
| Mar 2025 | 0.15× |
| Jun 2025 | 0.22× |
| Sep 2025 | 0.26× |
| Dec 2025 | 0.25× |
| Mar 2026 | 0.24× |
| Jun 2026 | 0.23× |
What is the Materialise NV shareholding pattern?
We have no ownership or short-position figures for Materialise NV, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 2.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
How far is Materialise NV from balance-sheet trouble?
For Materialise NV, the Z-score is 2.34. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 2.34 is in the grey area, neither clearly safe nor clearly in trouble.
How does Materialise NV rank in its industry?
There is no score against its industry: Materialise NV is not among the largest members shown in this industry comparison for Software - Application.
The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.
Which companies is Materialise NV compared with?
No sector comparison is shown here, not among the largest members shown in this industry comparison.
Which companies are close to Materialise NV in size?
Materialise NV is the 119th largest of 142 Software - Application companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Yuanbao Inc., Rimini Street, Inc. and AMTD Digital Inc. Just below it: mF International, Cerence Inc. and CS Disco, Inc.
Software - Application companies close in size
- Yuanbao Inc. $523 million
- Rimini Street, Inc. $488 million
- AMTD Digital Inc. $468 million
- Materialise NV $424 million
- mF International Limited $400 million
- Cerence Inc. $396 million
- CS Disco, Inc. $376 million
All 142 Software - Application companies, largest first
Companies close in size in other industries
- Shoulder Innovations, Inc. $413 million · Medical - Specialties
- Summit Midstream Corporation $412 million · Oil & Gas Midstream
- Materialise NV $412 million
- Aspen Aerogels, Inc. $412 million · Building Products & Equipment
- ADTRAN Holdings, Inc. $411 million · Communication Equipment
What else do people ask about Materialise NV?
What were Materialise NV's latest quarterly results?
Materialise NV reported revenue of $70.1 M and net profit of $3.3 M for the Jun 2026 quarter. Revenue rose 8.1% and profit rose 1,591.4% compared with a year earlier. Earnings per share were $0.06.
The operating margin was 0.6%, 0.5 percentage points higher than a year earlier (as of 4 November 2026).
What is Materialise NV's market cap?
Materialise NV's market capitalisation is $424 M at a stock price of $7.32. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is Materialise NV performing?
Materialise NV's latest readings are below. In its latest quarter, revenue rose 8.1% and profit rose 1,591.4% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 25 weeks running.
This describes what the data did, not a rating (as of 4 November 2026).
Will Materialise NV's stock price go up?
This page does not forecast Materialise NV's stock price. What it shows instead: the stock price is $7.32. Its P/E of 30.9× is higher than 7% of its own last 1 years.
Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).
Does Materialise NV have too much debt?
No, Materialise NV has little debt: its debt is 0.28× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. So the returns on this page come from the business, not borrowed money (as of 4 November 2026).
Where is Materialise NV in its business cycle?
Materialise NV's FY25 operating margin was 3.3%, against a 5-year range of −1.5% to 6.2%: the middle of its own range, neither a peak nor a low. The latest quarter was 0.6%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the Materialise NV story?
The main question: the share price moved +26.6% in a year while yearly earnings per share moved −42.8%. The difference came from the market paying a higher multiple.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is Materialise NV a stock worth studying right now?
What the numbers show: Materialise NV's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
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