Desktop Metal Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Public

  • Employees
  • 950

Employees

  • Investments
  • 14

  • Share Price
  • $0.48
  • (As of Tuesday Closing)

Desktop Metal General Information

Description

Desktop Metal Inc manufactures 3D printing to make metal and carbon fiber 3D printing accessible to all engineers, designers, and manufacturers. 3D metal printing helps in the design and development of automotive parts, consumer goods, manufacture of industrial equipment, and design of mechanical systems. The company ships its product to markets in the Americas, Europe Middle East and Africa (EMEA), and Asia Pacific (APAC). It derives maximum revenue from Americas.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 63 Third Avenue
  • Burlington, MA 01803
  • United States
+1 (978)
Primary Industry
Machinery (B2B)
Other Industries
Business/Productivity Software
Other Hardware
Corporate Office
  • 63 Third Avenue
  • Burlington, MA 01803
  • United States
+1 (978)

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Desktop Metal Stock Performance

As of 11-Jun-2024, Desktop Metal’s stock price is $0.48. Its current market cap is $147M with 33M shares.

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.48 $4.69 $0.48 - $22.17 $147M 33M 75.15 -$9.95

Desktop Metal Financials Summary

As of 30-Sep-2024, Desktop Metal has a trailing 12-month revenue of $168M.

In Thousands,
USD
TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 278,836 351,303
Revenue 168,283 189,698 209,023 112,408
EBITDA (244,609) (269,589) (680,996) (233,177)
Net Income (365,515) (323,271) (740,343) (240,334)
Total Assets 273,693 458,001 754,347 1,388,596
Total Debt 139,903 143,954 136,319 19,977
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Desktop Metal Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Desktop Metal Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Desktop Metal Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Desktop Metal Inc manufactures 3D printing to make metal and carbon fiber 3D printing accessible to all engineers, desig
Machinery (B2B)
Burlington, MA
950 As of 2023

Fremont, CA
 

Albuquerque, NM
 
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Desktop Metal Competitors (5)

One of Desktop Metal’s 5 competitors is Velo3D, a Formerly VC-backed company based in Fremont, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Velo3D Formerly VC-backed Fremont, CA
Optomec Venture Capital-Backed Albuquerque, NM
Xjet Venture Capital-Backed Rehovot, Israel
Nano Dimension Corporate Backed or Acquired Ness Ziona, Israel
LulzBot Formerly Angel backed Fargo, ND
You’re viewing 5 of 5 competitors. Get the full list »

Desktop Metal Patents

Desktop Metal Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250068143-A1 Methods of tolerance analysis and adjustments in additive manufacturing Pending 27-Aug-2023
US-20250065562-A1 Method and apparatus for printing a retaining wall in the manufacture of three-dimensional objects Pending 04-Aug-2023
US-20230415237-A1 Shot brush depowdering Pending 22-Jun-2022
US-20230364860-A1 Metathesis polymerization binders for additive manufacturing Pending 11-May-2022
EP-4482673-A1 Gas management system for binder jetting additive manufacturing Pending 21-Feb-2022 B22F12/70
To view Desktop Metal’s complete patent history, request access »

Desktop Metal Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Desktop Metal Investments & Acquisitions (14)

Desktop Metal’s most recent deal was a Merger/Acquisition with The ExOne Company for . The deal was made on 12-Nov-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
The ExOne Company 12-Nov-2021 Merger/Acquisition Machinery (B2B)
May Dental Lab 29-Oct-2021 Merger/Acquisition Laboratory Services (Healthcare)
Larry Brewer Dental Lab 14-Oct-2021 Merger/Acquisition Clinics/Outpatient Services
Shapeways Holdings 03-Oct-2021 PIPE Machinery (B2B)
Aidro ( Construction and Engineering) 09-Sep-2021 Merger/Acquisition Construction and Engineering
You’re viewing 5 of 14 investments and acquisitions. Get the full list »

Desktop Metal ESG

Risk Overview

Risk Rating

Updated April, 26, 2025

27.41 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 14,673

Rank

Percentile

Technology Hardware

Industry

of 617

Rank

Percentile

Technology Hardware

Subindustry

of 111

Rank

Percentile

To view Desktop Metal’s complete esg history, request access »

Desktop Metal Affiliates

Subsidiaries (6)

Name Industry Location Year Founded
Aidro ( Construction and Engineering) Milan, Italy 2021
Forust Burlington, MA 2019
Figur Machine Tools Boonton, NJ 2017
Adaptive3D Richardson, TX 2014
The ExOne Company North Huntingdon, PA 1995
You’re viewing 5 of 6 affiliates. Get the full list.  »

Desktop Metal FAQs

  • When was Desktop Metal founded?

    Desktop Metal was founded in 2015.

  • Where is Desktop Metal headquartered?

    Desktop Metal is headquartered in Burlington, MA.

  • What is the size of Desktop Metal?

    Desktop Metal has 950 total employees.

  • What industry is Desktop Metal in?

    Desktop Metal’s primary industry is Machinery (B2B).

  • Is Desktop Metal a private or public company?

    Desktop Metal is a Public company.

  • What is the current stock price of Desktop Metal?

    As of 11-Jun-2024 the stock price of Desktop Metal is $0.48.

  • What is the current market cap of Desktop Metal?

    The current market capitalization of Desktop Metal is $147M.

  • What is Desktop Metal’s current revenue?

    The trailing twelve month revenue for Desktop Metal is $168M.

  • Who are Desktop Metal’s competitors?

    Velo3D, Optomec, Xjet, Nano Dimension, and LulzBot are competitors of Desktop Metal.

  • What is Desktop Metal’s annual earnings per share (EPS)?

    Desktop Metal’s EPS for 12 months was -$9.95.

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