Markforged Holding Corp

EDGAR

Annual consolidated revenue for 2024: about USD 85.09M, using the latest reported figures. The previous period, 2023, was about USD 93.78M.

Watchlist

Latest quarter

Revenue

22.4 million USD

2024 Q4 · USD

Exact inputs and evidence

Operating margin

-67.01%

2024 Q4 · %

Exact inputs and evidence
  • Operating Income: -86679000 USD Source
  • Operating Income: -71689000 USD Source
  • Revenue: 85090000 USD Source
  • Revenue: 62719000 USD Source

Operating cash flow

-25.4 million USD

2024 Q4 · USD

Exact inputs and evidence
  • Operating Cash Flow: -61283000 USD Source
  • Operating Cash Flow: -35900000 USD Source
Cash and cash equivalents
53.6 million USD Source
Exact value

53629000 USD

Long-term debt including current maturities
Not available
Shares outstanding
20.6 million shares Source
Exact value

20643599 shares

Reported share-count change

3.96% · 785 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 19858127 shares · 2023-12-31· Source
  • 20643599 shares · 2024-12-31· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

85.1 million USD

2024-01-01 – 2024-12-31

Exact inputs and evidence
  • Revenue: 20547000 USD · 2024-01-01 – 2024-03-31 Source
  • Revenue: 21688000 USD · 2024-04-01 – 2024-06-30 Source
  • Revenue: 20484000 USD · 2024-07-01 – 2024-09-30 Source
  • Revenue: 85090000 USD · 2024-01-01 – 2024-12-31 Source
  • Revenue: 62719000 USD · 2024-01-01 – 2024-09-30 Source

Net income

-85.6 million USD

2024-01-01 – 2024-12-31

Exact inputs and evidence
  • Net income: -35946000 USD · 2024-01-01 – 2024-03-31 Source
  • Net income: -14398000 USD · 2024-04-01 – 2024-06-30 Source
  • Net income: -23370000 USD · 2024-07-01 – 2024-09-30 Source
  • Net income: -85566000 USD · 2024-01-01 – 2024-12-31 Source
  • Net income: -73714000 USD · 2024-01-01 – 2024-09-30 Source

Operating cash flow

-61.3 million USD

2024-01-01 – 2024-12-31

Exact inputs and evidence
  • Operating cash flow: -7416000 USD · 2024-01-01 – 2024-03-31 Source
  • Operating cash flow: -21900000 USD · 2024-01-01 – 2024-06-30 Source
  • Operating cash flow: -7416000 USD · 2024-01-01 – 2024-03-31 Source
  • Operating cash flow: -35900000 USD · 2024-01-01 – 2024-09-30 Source
  • Operating cash flow: -21900000 USD · 2024-01-01 – 2024-06-30 Source
  • Operating cash flow: -61283000 USD · 2024-01-01 – 2024-12-31 Source
  • Operating cash flow: -35900000 USD · 2024-01-01 – 2024-09-30 Source

Capital expenditure

3.33 million USD

2023-10-01 – 2024-09-30

Exact inputs and evidence
  • Capital expenditure: 3591000 USD · 2023-01-01 – 2023-12-31 Source
  • Capital expenditure: 2176000 USD · 2023-01-01 – 2023-09-30 Source
  • Capital expenditure: 1323000 USD · 2024-01-01 – 2024-03-31 Source
  • Capital expenditure: 1491000 USD · 2024-01-01 – 2024-06-30 Source
  • Capital expenditure: 1323000 USD · 2024-01-01 – 2024-03-31 Source
  • Capital expenditure: 1911000 USD · 2024-01-01 – 2024-09-30 Source
  • Capital expenditure: 1491000 USD · 2024-01-01 – 2024-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2025-05-09.

Financial data available through: 2024-12-31.

Coverage by financial measure
  • Revenue: 6 of 11 periods available· newest 2024-12-31
  • Operating income: 6 of 11 periods available· newest 2024-12-31
  • Net income: 6 of 11 periods available· newest 2024-12-31
  • Operating cash flow: 6 of 11 periods available· newest 2024-12-31
  • Capital expenditure: 6 of 11 periods available· newest 2024-12-31
  • Total assets: 6 of 11 periods available· newest 2024-12-31
  • Total liabilities: 6 of 11 periods available· newest 2024-12-31
  • Current assets: 6 of 11 periods available· newest 2024-12-31
  • Current liabilities: 6 of 11 periods available· newest 2024-12-31
  • Cash and cash equivalents: 6 of 11 periods available· newest 2024-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 6 of 11 periods available· newest 2024-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -9.3%

    Prior period

    USD 93.78 million

    –

    Current period

    USD 85.09 million

    –

    Exact inputs and evidence

    85090000 − 93784000 = -8694000 USD

    93784000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    85090000 USD · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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  • Net income

    +USD 18 million

    Prior period

    −USD 103.57 million

    –

    Current period

    −USD 85.57 million

    –

    Exact inputs and evidence

    -85566000 − -103567000 = 18001000 USD

    -103567000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    -85566000 USD · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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  • Operating cash flow

    −USD 12.38 million

    Prior period

    −USD 48.9 million

    –

    Current period

    −USD 61.28 million

    –

    Exact inputs and evidence

    -61283000 − -48900000 = -12383000 USD

    -48900000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    -61283000 USD · 2024-01-01 – 2024-12-31

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  • Capital expenditure

    -60.3%

    Prior period

    USD 3.59 million

    –

    Current period

    USD 1.43 million

    –

    Exact inputs and evidence

    1426000 − 3591000 = -2165000 USD

    3591000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    1426000 USD · 2024-01-01 – 2024-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2024 2024-01-01 – 2024-12-31

  • Revenue USD 85.09 million 100% of revenue
  • Cost of revenue USD 44.02 million 52% of revenue
  • Operating expenses USD 127.75 million 150% of revenue
  • Operating income −USD 86.68 million −102% of revenue
  • Tax, interest and other Derived −USD 1.11 million −1.3% of revenue
  • Net income −USD 85.57 million −101% of revenue

Cash

  • Operating cash flow −USD 61.28 million −72% of revenue
  • Capital expenditure USD 1.43 million 1.7% of revenue
  • Free cash flow Derived −USD 62.71 million −74% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2019 Operating loss: operating costs were 142% of revenue.
  • 2020 Operating loss: operating costs were 125% of revenue.
  • 2021 Operating loss: operating costs were 167% of revenue.
  • 2022 Operating loss: operating costs were 186% of revenue.
  • 2023 Operating loss: operating costs were 219% of revenue.
  • 2024 Operating loss: operating costs were 202% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2019 2019-01-01 – 2019-12-3172549000 103292000 Derived -30743000 -868000 Derived -29875000 -35437000 Derived
Source
2020 2020-01-01 – 2020-12-3171851000 89590000 Derived -17739000 246000 Derived -17985000 -7099000 Derived
Source
2021 2021-01-01 – 2021-12-3191221000 152261000 Derived -61040000 -64895000 Derived 3855000 -49490000 Derived
Source
2022 2022-01-01 – 2022-12-31100958000 188042000 Derived -87084000 -61696000 Derived -25388000 -84936000 Derived
Source
2023 2023-01-01 – 2023-12-3193784000 205165000 Derived -111381000 -7814000 Derived -103567000 -52491000 Derived
Source
2024 2024-01-01 – 2024-12-3185090000 171769000 Derived -86679000 -1113000 Derived -85566000 -62709000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 85.1M 2024
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.109.0M81.8M54.5M27.3M0.0201920222024
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Revenue72549000
2020Revenue71851000
2021Revenue91221000
2022Revenue100958000
2023Revenue93784000
2024Revenue85090000

Revenue growth

Change in revenue from the same financial period one year earlier.

-9.3% 2024
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.30%19%9%-2%-12%201920222024
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2019Year over yearNo prior comparable period
2020Year over year-1%
2021Year over year27%
2022Year over year10.7%
2023Year over year-7.1%
2024Year over year-9.3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -101.9% 2024
Net margin -100.6% 2024
Free cash flow margin -73.7% 2024
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.14%-22%-57%-93%-129%201920222024
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2019Operating margin-42.4%
2020Operating margin-24.7%
2021Operating margin-66.9%
2022Operating margin-86.3%
2023Operating margin-118.8%
2024Operating margin-101.9%
2019Net margin-41.2%
2020Net margin-25%
2021Net margin4.2%
2022Net margin-25.1%
2023Net margin-110.4%
2024Net margin-100.6%
2019Free cash flow margin-48.8%
2020Free cash flow margin-9.9%
2021Free cash flow margin-54.3%
2022Free cash flow margin-84.1%
2023Free cash flow margin-56%
2024Free cash flow margin-73.7%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -61.3M 2024
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.5.9M-15.4M-36.8M-58.1M-79.4M201920222024
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Operating cash flow-30667000
2020Operating cash flow-6459000
2021Operating cash flow-45702000
2022Operating cash flow-73521000
2023Operating cash flow-48900000
2024Operating cash flow-61283000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -62.7M 2024
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.6.8M-17.8M-42.5M-67.1M-91.7M201920222024
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Free cash flow-35437000
2020Free cash flow-7099000
2021Free cash flow-49490000
2022Free cash flow-84936000
2023Free cash flow-52491000
2024Free cash flow-62709000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

48.8% 2024
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.53%40%26%13%0%201920222024
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2019Liabilities / assets18.1%
2020Liabilities / assets30.8%
2021Liabilities / assets27.6%
2022Liabilities / assets27%
2023Liabilities / assets34.8%
2024Liabilities / assets48.8%

Current assets to current liabilities

Current assets divided by current liabilities.

2.48× 2024
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.14.03×10.52×7.02×3.51×0.00×201920222024
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2019Current assets / current liabilities6.27×
2020Current assets / current liabilities4.7×
2021Current assets / current liabilities12.99×
2022Current assets / current liabilities5.61×
2023Current assets / current liabilities4.23×
2024Current assets / current liabilities2.48×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2019 2019-01-01 – 2019-12-31
−USD 29.88 million
Exact value

Exact value: -29875000 USD

2019-01-01 – 2019-12-31: -29875000 USD Inspect Net Income Open source
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−USD 30.67 million
Exact value

Exact value: -30667000 USD

2019-01-01 – 2019-12-31: -30667000 USD Inspect Operating Cash Flow Open source
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USD 4.77 million
Exact value

Exact value: 4770000 USD

2019-01-01 – 2019-12-31: 4770000 USD Inspect Capital Expenditure Open source
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−USD 35.44 million
Calculation and evidence

-30667000 − 4770000 USD

Exact free cash flow: -35437000 USD

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2020 2020-01-01 – 2020-12-31
−USD 17.99 million
Exact value

Exact value: -17985000 USD

2020-01-01 – 2020-12-31: -17985000 USD Inspect Net Income Open source
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−USD 6.46 million
Exact value

Exact value: -6459000 USD

2020-01-01 – 2020-12-31: -6459000 USD Inspect Operating Cash Flow Open source
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USD 640,000
Exact value

Exact value: 640000 USD

2020-01-01 – 2020-12-31: 640000 USD Inspect Capital Expenditure Open source
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−USD 7.1 million
Calculation and evidence

-6459000 − 640000 USD

Exact free cash flow: -7099000 USD

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2021 2021-01-01 – 2021-12-31
USD 3.86 million
Exact value

Exact value: 3855000 USD

2021-01-01 – 2021-12-31: 3855000 USD Inspect Net Income Open source
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−USD 45.7 million
Exact value

Exact value: -45702000 USD

2021-01-01 – 2021-12-31: -45702000 USD Inspect Operating Cash Flow Open source
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USD 3.79 million
Exact value

Exact value: 3788000 USD

2021-01-01 – 2021-12-31: 3788000 USD Inspect Capital Expenditure Open source
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−USD 49.49 million
Calculation and evidence

-45702000 − 3788000 USD

Exact free cash flow: -49490000 USD

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2022 2022-01-01 – 2022-12-31
−USD 25.39 million
Exact value

Exact value: -25388000 USD

2022-01-01 – 2022-12-31: -25388000 USD Inspect Net Income Open source
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−USD 73.52 million
Exact value

Exact value: -73521000 USD

2022-01-01 – 2022-12-31: -73521000 USD Inspect Operating Cash Flow Open source
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USD 11.42 million
Exact value

Exact value: 11415000 USD

2022-01-01 – 2022-12-31: 11415000 USD Inspect Capital Expenditure Open source
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−USD 84.94 million
Calculation and evidence

-73521000 − 11415000 USD

Exact free cash flow: -84936000 USD

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2023 2023-01-01 – 2023-12-31
−USD 103.57 million
Exact value

Exact value: -103567000 USD

2023-01-01 – 2023-12-31: -103567000 USD Inspect Net Income Open source
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−USD 48.9 million
Exact value

Exact value: -48900000 USD

2023-01-01 – 2023-12-31: -48900000 USD Inspect Operating Cash Flow Open source
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USD 3.59 million
Exact value

Exact value: 3591000 USD

2023-01-01 – 2023-12-31: 3591000 USD Inspect Capital Expenditure Open source
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−USD 52.49 million
Calculation and evidence

-48900000 − 3591000 USD

Exact free cash flow: -52491000 USD

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2024 2024-01-01 – 2024-12-31
−USD 85.57 million
Exact value

Exact value: -85566000 USD

2024-01-01 – 2024-12-31: -85566000 USD Inspect Net Income Open source
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−USD 61.28 million
Exact value

Exact value: -61283000 USD

2024-01-01 – 2024-12-31: -61283000 USD Inspect Operating Cash Flow Open source
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USD 1.43 million
Exact value

Exact value: 1426000 USD

2024-01-01 – 2024-12-31: 1426000 USD Inspect Capital Expenditure Open source
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−USD 62.71 million
Calculation and evidence

-61283000 − 1426000 USD

Exact free cash flow: -62709000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

25 filings · 1,645 latest values · 1,645 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001816613, 1816613, MKFG, edgar:1816613

Also known as Markforged Holding Corp, Markforged Holding Corporation, one