Desktop Metal had revenues of US$57.7 million in Q2 2022, up 204% from the same period of 2021 (US$19 million) and 32% from Q1 2022.

“We enter the second half of the year with a more streamlined and efficient operating model, combining continued revenue growth at scale with a disciplined strategy to optimize our expense structure, in order to achieve our financial commitments and support our path to profitability,” said Ric Fulop, founder and CEO of Desktop Metal.