AML3D lift FY2026 revenue 70% and record first profitable half
Australian wire additive manufacturing company enters FY2027 with A$16.8 million of contracted work and an estimated A$78 million pipeline
AML3D has reported revenue of A$12.5 million for the financial year ended June 30, 2026 – a 70% increase on the prior corresponding period and a company record. The company also recorded an EBITDA of A$608,000 for the second half, its first profitable half-year.
The order book peaked at A$29 million during the year, comprising A$20 million in new orders and A$9 million carried forward. A$16.8 million of contracted work rolled into FY2027, and the company put its global sales pipeline at A$78 million at June 30. Cash at bank stood at A$26.8 million.
“The 2026 financial year saw rapid growth in ARCEMY system installations and component manufacturing in the USA,” said Sean Ebert, Managing Director at AML3D. “It is encouraging to see our strategy of moving beyond the US Defense market begin to gain traction. During the year, we achieved record revenue growth and delivered our first profitable half-year in the second six months.”
US Navy work a key driver
AML3D builds ARCEMY metal 3D printing systems around its patented Wire Additive Manufacturing process. Demand came largely from the US Navy’s Maritime Industrial Base (MIB).
Since 2023 the company has signed contracts to supply 14 ARCEMY systems into the Navy’s supply chain, plus two further orders for US industrial manufacturing, and during FY2026 took a A$2.6 million contract for non-safety-critical replacement components used in US Navy submarines.
Following a competitive tender, AML3D installed its first ARCEMY system in the US utility sector, supporting the Tennessee Valley Authority’s power generation repair fleet, and placed a first system with industrial manufacturer FasTech.
In the UK it progressed a material feasibility program for BAE Systems and agreed UK and European distribution deals, giving it defense relationships in all three AUKUS partner countries. It was also onboarded to the AUKUS Vendor Qualification (DIVQ) Program.
Capacity spending set for FY2027
The company has allocated A$12 million to double US manufacturing capacity, A$5 million to a UK technology center serving UK and European demand, and A$2.24 million to an advanced manufacturing technology program in Australia.
“Demand that supported our FY26 performance has continued into FY27,” said Ebert. “While we continue to deliver the $16.8 million orders in hand, we are also working to convert our $78 million global sales pipeline and have visibility on potential near-term contracts in the US and the UK.
“Our strong balance sheet means we have the capacity to complete our planned $17 million investment to double US manufacturing capacity and establish a European Technology Center to support growth.
“We are focused on continuing AML3D’s multi-year track record of record delivery and building shareholder value over time.”
