Xometry beats Q1 revenue on marketplace expansion, raises FY rev growth outlook

Xometry, Inc. Class A

Xometry, Inc. Class A

XMTR

0.00


Overview

  • U.S. manufacturing marketplace's Q1 revenue rose 36%, beating analyst expectations

  • Adjusted EPS and adjusted EBITDA for Q1 beat analyst expectations

  • Company announced $50 mln strategic equity investment from Siemens


Outlook

  • Xometry sees Q2 2026 revenue between $214 mln and $216 mln

  • Company expects Q2 2026 Adjusted EBITDA of $11 mln to $12 mln

  • Xometry raises full-year 2026 revenue growth outlook to 27-28%


Result Drivers

  • MARKETPLACE EXPANSION - Q1 revenue growth driven by robust marketplace performance, with increased buyer and supplier networks and higher wallet share

  • GROSS MARGIN IMPROVEMENT - Gross profit rose 39% year-over-year, supported by marketplace gross margin expansion and operating expense leverage

  • PRODUCT INNOVATION - Enhanced Instant Quoting Engine and expanded injection molding offerings contributed to improved buyer experience and operational throughput


Company press release: ID:nGNX6HZmzf


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

Beat

$205.14 mln

$188.07 mln (10 Analysts)

Q1 Adjusted EPS

Beat

$0.12

$0.10 (9 Analysts)

Q1 Adjusted Net Income

$6.89 mln

Q1 Adjusted EBITDA

Beat

$10.49 mln

$7.20 mln (9 Analysts)


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