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Xometry, Inc.
🏹 Trader: | BRS 64 Forming View all →
$4.3B
Market Cap
P/E
PEG
-12.0%
ROCE
-20.8%
ROE
1.23
D/E
-6.4%
OPM
-17.9%
% from 52W High
93
α RS
🔍 XMTR is showing a momentum setup because RS Rating is 93 (top decile vs market), Sector RRG has Industrials in the Improving quadrant with the trail still strengthening, and an ECS of 51.1 last quarter. Net: Broad signal stack, not a recommendation. ? RS Rating RRG ECS
Sources
RS Rating 93 · Industrials in Improving quadrant · ECS 51.1
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Currency-adjusted total returns for XMTR including FX impact
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📈 Price History
Ratio Health
Excellent
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By Category
📊 Sector Averages
About

Xometry, Inc. operates an artificial intelligence (AI) powered online manufacturing marketplace in the United States and internationally. The company’s marketplace uses AI to assist buyers to source custom-manufactured parts and assemblies and attain instant pricing and lead times. It operates Xometry marketplace, an AI powered online marketplace that connects buyers with suppliers of manufacturing services; Xometry instant quoting engine, which prices transactions based on volume, manufacturing process, material, and location; and Thomasnet, an industrial sourcing platform that features an online directory of industrial suppliers, products, and services, as well as digital marketing services and insights to manufacturers and industrial services providers. The company also provides cloud-based systems, such as Workcenter, a financial service product that facilitates payments and a cloud-based manufacturing execution system; and Teamspace, a cloud-based solution within the Xometry platform that enables customers to collaborate with other users on projects and custom part orders. In addition, it offers computer numerical control (“CNC”) machining, injection molding, 3D printing, sheet forming and cutting, die casting, urethane casting, tube cutting, and tube bending, as well as finishing, rapid prototyping, and production services. It serves the aerospace, industrial, medical devices, automotive, consumer goods, defense, government, energy, education, and robotics industries. The company was formerly known as NextLine Manufacturing Corp. and changed its name to Xometry, Inc. in June 2015. Xometry, Inc. was incorporated in 2013 and is headquartered in North Bethesda, Maryland.

Key Ratios Snapshot
📈 Growth Pattern
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⭐ Superinvestors Holding XMTR
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Manager Shares Value % of Fund Period
Cathie Wood ARK Investment Management 40.3K $1.6M 0.01% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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📊 MIXED Xometry Q1 revenue $205M (+36%), active buyers +20%, Siemens partnership
Revenue & Profitability
Q1 2026 total revenue was $205 million, up 36% year-over-year. Marketplace revenue was $191 million (+40% YoY), and services revenue was $13.8 million (flat quarter-over-quarter). Gross profit was $78.5 million (+39% YoY). Adjusted EBITDA was $10.5 million, compared to $0.1 million in Q1 2025. Free cash flow was $4.8 million. Cash and marketable securities were $224 million.
Outlook
Management noted improving macro conditions, citing improving ISM manufacturing data. The custom manufacturing market remains largely offline and fragmented, with a $275 billion total addressable market. The company expects robust secular growth driven by digital transformation and demand for resilient supply chains. Full-year 2026 revenue growth guidance was raised to at least 27%-28% (from 21%), with Q2 revenue expected between $214 million and $216 million.
Growth Drivers
Growth is driven by strong active buyer net adds (3,760 in Q1, highest in nine quarters, up 20% YoY) and increasing wallet share (revenue per active buyer up 17% YoY). Enterprise accounts with at least $50,000 spend grew 21% YoY to 1,864. The Siemens partnership is expected to expand global reach across all industries. International segment losses are improving, with EBITDA margin improving 400 basis points year-over-year.
Balance Sheet & CapEx
Q1 2026 cash capital expenditures were $10.6 million, almost entirely software-related, reflecting technology investments in the platform and product rollouts. The company maintains an asset-light model with limited capital spending, and is focused on improving cash flow conversion. No specific future CapEx guidance was provided.
Margins
Q1 marketplace gross margin was 34.7%, up 290 basis points year-over-year. Adjusted EBITDA margin was 5.1%, improving from 4.4% in Q4 2025. Non-GAAP operating expenses grew 21% YoY, well below revenue growth. Sales and marketing was 14.2% of revenue (down 110 bps), and operations and support was 8.2% (down 70 bps). For full-year 2026, management expects incremental adjusted EBITDA margins of at least 20%.
Key Risks
Not specifically flagged in the call. Management noted forward-looking statements contain risks, but no detailed risks were discussed. The Q&A confirmed that Q2 trends remain strong and no deceleration is seen.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-04
Record Q2 results with 41% revenue growth and 45% marketplace growth, driven by AI-powered platform enhancements and expanding buyer and supplier networks. Raised full-year 2026 outlook, with strong cash position and continued margin expansion expected.
Q1 2026 Q1 2026 2026-05-07
Record Q1 results with 36% revenue growth, expanding margins, and strong cash flow were driven by AI-powered marketplace advances and a major Siemens partnership, which is expected to accelerate global reach and profitability. Full-year guidance was raised on continued momentum.
Q4 2025 Q4 2025 2026-02-24
Record Q4 and 2025 results featured 30% revenue growth and expanding profitability, driven by AI-powered marketplace innovation and strong enterprise adoption. 2026 guidance calls for at least 21% revenue growth and higher margins, with continued investment in technology and global expansion.
Q3 2025 Q3 2025 2025-11-04
Q3 2025 saw record revenue and profit growth, with marketplace revenue up 31% year-over-year and gross margin expanding to 35.7%. Strong enterprise and international momentum, new AI-driven product launches, and disciplined cost management led to raised full-year guidance and a positive outlook for 2026.
Q2 2025 Q2 2025 2025-08-05
Q2 2025 saw record revenue and gross margin, with 23% year-over-year growth and strong enterprise traction. Guidance for 2025 was raised, reflecting robust demand and continued AI-driven innovation, while management remains cautious on the macro environment.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Information Sources:
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