What does Xometry do and what are its main business segments?

What is Xometry's gross profit margin?

What guidance did Xometry's management provide for the next earnings period?

What is the revenue and EPS growth rate for Xometry year over year?

Did Xometry beat or miss consensus estimates last quarter?

What were the key takeaways from Xometry’s earnings call?

What were the key takeaways from Xometry's earnings call?

What is the market's earnings forecast for Xometry next quarter?

- **30% Revenue Growth**: Q4 2025 revenue $192 million, driven by 33% marketplace expansion and 40%+ enterprise account growth.
- **AI-Driven Efficiency**: 20% DFM accuracy improvement, reducing lead times 30%.
- **Leadership Transition**: Randy Altschuler transitions to Executive Chair, positioning for 20%+ 2026 EBITDA growth.
- **$10M+ Accounts**: 140+ accounts with >$500k spend, up 40% YoY, driving 11% revenue per buyer growth.
- **Global Expansion**: 2026 focus on Europe and India, targeting 20%+ gross profit growth.

**【CEO Summary Section】**
- **Revenue Growth**: Q4 2025 revenue grew 30% YoY to $192 million, driven by 33% marketplace growth and 40%+ enterprise account expansion.
- **Leadership Transition**: Randy Altschuler transitioning to Executive Chair, with Sanjeev Sahni becoming CEO on July 1, 2026.
- **AI-Driven Marketplace**: Gross margin expanded 80bps YoY to 35.3%, with AI DFM tools reducing design flaws by 20%.

**【CFO Financial Commentary】**
- **Profitability**: Q4 2025 adjusted EBITDA $8.4 million, up 20% YoY; 2026 guidance for >20% incremental EBITDA margin.
- **Cash Flow**: $219 million cash on hand, with 6% CapEx as a % of revenue, enabling asset-light growth.
- **Services Growth**: Thomas industrial sourcing platform Q1 2026 guide for flat YoY, with 20%+ 2026 revenue target.

**【Q&A Highlights】**
- **Enterprise Penetration**: 140+ accounts with >$500k LTM spend, up 40% YoY, driving 11% revenue per buyer growth.
- **International Expansion**: 2026 focus on Europe and India, with 20%+ gross profit growth in U.S. and 6.8% EBITDA margin.
- **AI Investment**: $10.3 million Q4 R&D in AI DFM, reducing lead times by 30% and improving quote accuracy 15%.

**【Key Initiatives】**
- **Teamspace Adoption**: 11,000 teams created, enabling 20%+ repeat business and 30% faster quote times.
- **Thomas Platform**: 500,000+ buyers, 20%+ Q4 ad revenue growth, with 2026 guide for flat services revenue.
- **Supply Chain Resilience**: 5,000+ suppliers across 50 countries, supporting $10 million+ production programs.


Xometry, Inc. (XMTR) Q4 2025 Earnings Call Transcript

- **Record Q3 Growth**: Revenue up 28% YoY to $181 million, with marketplace revenue surging 31% YoY. Full-year guidance raised to $676-678 million.
- **Gross Margin Expansion**: Marketplace gross margin hits 35.7% (+210 bps YoY), driven by AI pricing and supplier network scale.
- **Enterprise Momentum**: $50k+ LTM spend accounts up 14% YoY to 1,724, with $500k+ accounts showing strong growth.
- **2026 Outlook**: 20%+ revenue growth expected, fueled by AI innovations (auto-quoting, Workcenter app) and international expansion.
- **Profitability**: Adjusted EBITDA improved $6.8 million YoY to $6.1 million; 20%+ incremental EBITDA margin target maintained.
- **Q4 Guidance**: Revenue $182-184 million (+23-24% YoY), with 25-27% marketplace growth despite macro uncertainty.


**【Management Opening Remarks】**
- Shawn Milne provided an overview of the call, highlighting the company's Q3 2025 financial results and guidance for Q4 and the full year. He emphasized the use of non-GAAP measures and reminded participants of forward-looking statement risks.

**【CEO Summary Section】**
- Q3 revenue reached $181 million, up 28% YoY, with marketplace revenue growing 31% YoY to $167 million. The company raised its full-year revenue guidance to $676-$678 million.
- Marketplace gross margin expanded 210 bps YoY to 35.7%, driven by AI-powered pricing algorithms and supplier network growth.
- Key initiatives included the launch of auto-quoting for injection molding in the U.S. and the Workcenter mobile app, which aims to enhance supplier engagement and data capture.
- Enterprise growth accelerated, with accounts of $50k+ LTM spend increasing 14% YoY to 1,724, and $500k+ LTM spend accounts showing strong revenue growth.
- Q4 started strongly, with 23-24% YoY revenue growth expected, despite macroeconomic challenges.

**【CFO Financial Commentary】**
- Q3 GAAP revenue: $181 million (+28% YoY). Non-GAAP operating expenses: $66.1 million (+17% YoY), with disciplined cost management (sales & marketing at 15.9% of revenue vs. 16.4% YoY).
- Adjusted EBITDA improved $6.8 million YoY to $6.1 million, driven by gross profit growth and expense leverage.
- Cash position: $225 million, with $5.8 million operating cash flow in Q3. CapEx for Q4 expected at $8-9 million.
- Full-year 2025 guidance: Revenue $676-678 million (+27-28% marketplace growth), adjusted EBITDA $16-17 million.

**【Q&A Highlights】**
- **2026 Growth Assumptions**: 20%+ revenue growth driven by enterprise adoption, AI innovation, and international expansion. No macro improvement assumed; growth fueled by market share gains.
- **Workcenter Mobile App**: Early success in simplifying supplier workflows, with potential to deepen engagement and improve buyer-supplier alignment.
- **International Expansion**: Europe injection molding launch and Teamspace adoption highlight 23% YoY international growth. Long-term target: 30-40% of revenue from international markets.
- **Margin Outlook**: 20%+ incremental EBITDA margin expected annually, with Q3 year-to-date at 21%.
- **Q4 Momentum**: Strong start with 23-24% YoY growth, despite cautious macro environment.


Xometry, Inc. (XMTR) Q3 2025 Earnings Call Transcript

- **Record Q2 Growth**: $163M revenue (+23% YoY), Marketplace gross margin 35.4% (up 190bps YoY), and $3.9M EBITDA (vs. -$2.6M YoY). 
- **AI-Driven Expansion**: New AI features (technical drawing extraction, Teamspace) boost enterprise engagement, with 108 new $500K+ accounts Q2. 
- **Guidance Uptick**: Full-year Marketplace growth raised to 23-24% (from 22%+), with >20% overall revenue growth. 
- **Balance Sheet Strength**: $226M cash and $250M refinanced debt with 75% conversion premium to minimize dilution.

**【CEO Summary Section】**
- Q2 2025 revenue reached $163 million, up 23% YoY, driven by 26% YoY growth in Marketplace revenue. Gross margin hit a record 40.1%, with Marketplace gross margin at 35.4% (up 190bps YoY). 
- Launched Teamspace in Europe, U.K., and Turkey, enabling enterprise collaboration. Introduced AI-powered technical drawing extraction and improved mobile app for suppliers. 
- Secured a $10+ million annual contract with a European aerospace company, exemplifying land-and-expand strategy. 
- Raised full-year Marketplace growth guidance to 23-24% from 22%+.

**【CFO Financial Commentary】**
- Q2 GAAP net income: $420 million; Non-GAAP EPS: $1.08 (vs. $0.95 prior guidance). 
- Adjusted EBITDA: $3.9 million (vs. -$2.6 million YoY), with U.S. segment EBITDA margin at 5.1%. 
- Q3 revenue guidance: $167-169 million (18-19% YoY growth). Full-year revenue growth: >20% (vs. 18% in 2024). 
- Completed $250 million convertible notes refinancing with 75% conversion premium to minimize dilution.

**【Q&A Highlights】**
- **Product Impact**: 10%+ improvement in buyer engagement with new AI search on Thomasnet; Teamspace ERP integrations driving $10+ million annual contracts. 
- **Macro Trends**: Despite ISM manufacturing PMI below 50, Xometry benefits from supply chain resiliency and reshoring trends. Q3 off to strong start, but maintaining cautious outlook. 
- **Gross Margin Sustainability**: AI-driven pricing algorithms and expanding supplier network support 35-40% long-term gross margin target. 
- **Mobile App**: Testing Work Center mobile app to enhance supplier engagement and reduce order fulfillment friction.


Xometry, Inc. (XMTR) Q2 2025 Earnings Call Transcript

- **Revenue Growth Accelerates**: Q1 23% YoY to $151M, with US marketplace up 30% YoY.
- **Domestic Sourcing Surge**: 80%+ US demand fulfilled domestically; Q2 sees shift to domestic amid tariff uncertainty.
- **Profitability Improves**: Adjusted EBITDA turns positive ($0.1M vs. -$7.4M YoY); Q2 targets $1-2M.
- **AI-Driven Efficiency**: Dynamic pricing algorithms optimize global supplier network, mitigating cost increases.
- **Enterprise Expansion**: Teamspace adoption grows to 7,000 teams, driving 40% YoY growth in top accounts.


**【CEO Opening Remarks】**
- Q1 2025 revenue reached $151 million, up 23% YoY, with marketplace growth accelerating to 27% YoY.
- US marketplace revenue grew nearly 30% YoY, driven by enterprise adoption and domestic sourcing shifts.
- Global sourcing strategy investments include AI-driven dynamic pricing and supplier network expansion across 51 countries.
- Q2 demand remains robust, with 17-18% YoY revenue growth expected, supported by multi-sourcing strategies for resilient supply chains.

**【CFO Financial Review】**
- Q1 GAAP net income: $420 million; Non-GAAP EPS: $1.08 (exceeded expectations).
- Marketplace gross profit grew 26% YoY, with gross margin at 31.8% (down 20bps YoY due to sourcing investments).
- Adjusted EBITDA turned positive at $0.1 million (vs. -$7.4 million YoY), driven by 27% incremental margin.
- Q2 guidance: Revenue $155-157 million (17-18% YoY), adjusted EBITDA $1-2 million.
- Full-year 2025 outlook: Marketplace growth ≥22% YoY, adjusted EBITDA positive with 20%+ incremental margin.

**【Q&A Key Highlights】**
- **Tariff Impact**: 50-70% of US demand fulfilled domestically; Q2 sees slight shift to domestic sourcing amid tariff volatility.
- **EBITDA Margin**: Q1 incremental margin 27%, targeting 20%+ annually; Q2 gross margin to rebound to Q2 2024 levels (~33.5%).
- **Supplier Services**: Q1 revenue down 6% YoY due to macro softness, but QoQ growth 4% from financial services adoption.
- **Production vs. Prototyping**: 80%+ US revenue fulfilled domestically; enterprise growth driven by production-scale technologies like injection molding.
- **Thomasnet Enhancements**: Testing AI-powered search and new ad server to boost monetization in 2025.


Xometry (XMTR)-6 May 25-2025 Q1 Earnings call transcript

- **Record Q4 Growth**: $149M revenue (+16% YoY), $135M marketplace revenue (+20% YoY), 23% active buyer growth, and 42% international revenue surge.
- **AI-Driven Efficiency**: 34.5% marketplace gross margin (up 320bps YoY) from AI-powered supplier matching and 28% active supplier growth.
- **Enterprise Momentum**: >40% YoY growth in large accounts (> $500k LTM spend), with 1,495 accounts exceeding $50k threshold.
- **2025 Outlook**: 20-21% YoY revenue growth, first adjusted EBITDA-positive quarter, and multimodal AI launch to expand enterprise adoption.
- **Global Resilience**: Investments in India, APAC, and Europe position for 30-40% long-term international revenue mix amid tariff volatility.


**【CEO Summary Section】**
- Q4 2024 revenue reached $149 million, up 16% YoY, with marketplace revenue growing 20% YoY to $135 million. Active buyers increased 23% YoY to 68,267, driven by 3,416 net additions in Q4.
- International revenue grew 42% YoY, reaching a $100 million annual run rate, with Europe and APAC leading expansion. Marketplace gross margin expanded 320bps YoY to 34.5%, fueled by AI-driven supplier matching and a 28% YoY increase in active suppliers to 4,375.
- Enterprise revenue from accounts with >$500k LTM spend grew >40% YoY, with 1,495 accounts exceeding $50k LTM spend. Q4 also marked the first adjusted EBITDA profit of $1 million, up $3.9 million YoY.
- 2025 outlook includes 20-21% YoY revenue growth (accelerating from Q4's 16%), with Q1 guidance of $147-149 million and 24-26% marketplace growth. Investments in global sourcing (e.g., India, APAC) may temporarily dampen Q1 gross margin but position for long-term scale.

**【CFO Financial Commentary】**
- Q4 GAAP net income was $420 million, with non-GAAP EPS of $1.08 exceeding expectations. Operating expenses grew 12% YoY to $58.2 million, below revenue growth, reflecting 480bps sales & marketing leverage from Q1 to Q4 2024.
- Q4 adjusted EBITDA improved $3.9 million YoY to $1 million (0.7% of revenue), driven by 20% incremental EBITDA margin. U.S. segment EBITDA was $4 million (3.3% of revenue), while international segment loss narrowed to $3 million.
- 2025 full-year guidance includes >20% revenue growth, adjusted EBITDA positivity, and 20%+ incremental EBITDA margin. Q1 2025 expects $147-149 million revenue (20-21% YoY) and $1.5 million adjusted EBITDA loss, with 22-24% incremental margin.

**【Q&A Highlights】**
- **International Strategy**: Europe's express manufacturing expansion and APAC ramping will drive 30-40% long-term international revenue mix. India and Turkey are key new supplier hubs.
- **AI & Multimodal Models**: 2025 launch of CAD-agnostic quoting via multimodal AI will reduce friction for non-3D CAD users, opening new enterprise use cases.
- **Tariff Impact**: Customers are diversifying supply chains (e.g., shifting from China to India), with Xometry's global supplier network enabling real-time tariff adjustments.
- **Thomas Integration**: New ad server tech aims to increase Thomas advertiser penetration from 1% to 85%+ gross margin opportunities. 2025 focus on improving supplier engagement and monetization.
- **Gross Margin Confidence**: Historical 10-point margin expansion over 3 years gives confidence in 2025 year-over-year margin growth despite Q1 temporary headwinds from new geography scaling.


Actual	-1.46	-0.33	-0.53	-0.27	-0.18	-0.11	-0.29	-0.2	-0.14	-0.05	-0.01	-0.12	-0.01	0.02	0.06	0.02	0.09	0.11	0.16
Forecast	-0.3102	-0.2788	-0.3017	-0.3456	-0.3161	-0.2177	-0.2771	-0.251	-0.2007	-0.1221	-0.01	-0.1338	-0.1252	-0.0234	0.0293	-0.0052	0.0448	0.1061	0.1161
Surprise	-370.66%	-18.36%	-75.67%	+21.88%	+43.06%	+49.47%	-4.66%	+20.32%	+30.24%	+59.05%	0.00%	+10.31%	+92.01%	+185.47%	+104.78%	+484.62%	+100.89%	+3.68%	+37.81%

XMTR

XMTR fundamentals

XMTR Q4 2025 Earnings

Earnings Call

You can ask Aime

XMTR

XMTR fundamentals

XMTR Q4 2025 Earnings

Earnings Call

XMTR Earnings Call Summary for Q4/20258:30 AM on Feb 24, 2026

XMTR Earnings Call Summary for Q3/20258:30 AM on Nov 4, 2025

XMTR Earnings Call Summary for Q2/20258:30 AM on Aug 5, 2025

XMTR Earnings Call Summary for Q1/20258:30 AM on May 6, 2025

XMTR Earnings Call Summary for Q4/20248:30 AM on Feb 25, 2025

You can ask Aime