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Home 3D Printing

Markforged attributes 5% revenue growth in Q3 2022 to “tremendous” interest in the FX20

January 12, 2023
in 3D Printing
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Markforged attributes 5% revenue growth in Q3 2022 to “tremendous” interest in the FX20
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The 3D Printing Industry Awards 2022 shortlists are now available for voting. Who will win the 2022 3DPI Awards? Have your say by casting your vote now.

3D printer manufacturer Markforged (MKFG) achieved revenue growth of 5.0% last quarter, according to its Q3 2022 financial results. 

In Q3 2022, Markforged generated $25.2 million, a slight $1.2 million rise on the $24.0 million it reported in Q3 2021, and a $1.0 million increase quarter-on-quarter. CEO of the firm Shai Terem has attributed this growth to the “tremendous excitement” around its FX20 3D printer, as well as an “expansion of its addressable market.”  

“Despite a challenging macro environment, we delivered another solid quarter as demand for The Digital Forge continues to grow globally,” explained Terem. “Ongoing supply chain challenges continue to be a catalyst for demand for our Digital Forge…

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