Xometry (NASDAQ:XMTR) Issues Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Xometry (NASDAQ:XMTR) released its quarterly earnings results on Tuesday. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.01, Briefing.com reports. The business had revenue of $229.28 million during the quarter, compared to the consensus estimate of $215.22 million. Xometry had a negative return on equity of 4.37% and a negative net margin of 7.01%.The company’s quarterly revenue was up 41.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.09 EPS.

Here are the key takeaways from Xometry’s conference call:

• Q2 revenue rose 41% year over year to a record $229 million, while marketplace revenue accelerated 45% and active buyers increased 20% to more than 89,000. Revenue per active buyer also grew 21%, reflecting greater wallet share.
• Adjusted EBITDA increased to a record $14.1 million from $3.9 million a year ago, with the margin expanding to 6.2% from 2.4%. Management expects marketplace gross margins to continue moving toward its 35%-40% target range.
• Xometry raised its 2026 outlook to 33%-34% revenue growth, approximately 37% marketplace growth, and $60 million-$62 million of adjusted EBITDA; Q3 revenue is projected at $234 million-$236 million with $16 million-$17 million of adjusted EBITDA.
• Upgraded AI models improved costing, sourcing, and process recommendations, including an approximately 15% improvement in CNC cost-prediction accuracy. Management said these tools are supporting higher conversion, buyer growth, supplier matching, and operating leverage.
• The Siemens collaboration is progressing toward embedding Xometry’s manufacturability and pricing intelligence directly into Siemens Design Center, with management expecting a positive impact on 2027 results. The company also ended Q2 with $517 million in cash and securities, providing flexibility for organic investments and disciplined tuck-in acquisitions.

Xometry Price Performance

Xometry stock opened at $91.66 on Wednesday. The business’s 50 day simple moving average is $90.79 and its 200 day simple moving average is $67.82. Xometry has a 12 month low of $35.86 and a 12 month high of $106.08. The company has a market cap of $4.75 billion, a price-to-earnings ratio of -89.86 and a beta of 1.29. The company has a current ratio of 1.78, a quick ratio of 1.76 and a debt-to-equity ratio of 0.86.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on XMTR. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Xometry in a research report on Friday, May 29th. Royal Bank Of Canada increased their price target on Xometry from $55.00 to $85.00 and gave the company a “sector perform” rating in a research report on Friday, May 8th. The Goldman Sachs Group restated a “neutral” rating and set a $78.00 price objective on shares of Xometry in a research note on Friday, May 8th. Citigroup lifted their price objective on shares of Xometry from $65.00 to $98.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Finally, Citizens Jmp increased their target price on shares of Xometry from $75.00 to $100.00 and gave the company a “market outperform” rating in a report on Friday, May 8th. Six investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Xometry currently has an average rating of “Hold” and an average price target of $84.25.

Insider Transactions at Xometry

In other news, Director Randolph Altschuler sold 5,722 shares of the company’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $93.30, for a total transaction of $533,862.60. Following the transaction, the director owned 428,750 shares of the company’s stock, valued at $40,002,375. This represents a 1.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Lukas Alexander Biewald acquired 47,058 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was purchased at an average cost of $85.00 per share, with a total value of $3,999,930.00. Following the acquisition, the director owned 55,134 shares in the company, valued at $4,686,390. The trade was a 582.69% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders sold 80,496 shares of company stock valued at $7,124,340. 9.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Xometry

Institutional investors and hedge funds have recently modified their holdings of the company. Fuller & Thaler Asset Management Inc. purchased a new position in Xometry during the fourth quarter valued at approximately $76,393,000. Ameriprise Financial Inc. grew its position in shares of Xometry by 54.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,964,909 shares of the company’s stock valued at $107,029,000 after purchasing an additional 690,558 shares in the last quarter. Durable Capital Partners LP purchased a new stake in shares of Xometry in the third quarter worth $36,455,000. Lord Abbett & CO. LLC boosted its stake in Xometry by 272.0% during the fourth quarter. Lord Abbett & CO. LLC now owns 479,013 shares of the company’s stock valued at $28,487,000 after buying an additional 350,230 shares during the period. Finally, T. Rowe Price Investment Management Inc. bought a new position in Xometry in the 4th quarter worth about $15,938,000. 97.31% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Xometry

Here are the key news stories impacting Xometry this week:

• Positive Sentiment: Q2 results exceeded expectations: Xometry reported revenue of $229.3 million, up 41% year over year and ahead of the $215.2 million consensus estimate. Non-GAAP diluted EPS was $0.16, above analysts’ $0.12-$0.15 estimates and the $0.09 reported a year earlier. Xometry Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Marketplace momentum accelerated: Marketplace revenue increased 45% to $215.4 million, while active buyers grew 20% and accounts spending at least $50,000 annually rose 23%. Management attributed the performance to AI improvements, larger buyer and supplier networks and increased spending from enterprise customers. Xometry Reports Record Second Quarter 2026 Results
• Positive Sentiment: Profitability improved materially: Adjusted EBITDA rose to $14.1 million from $3.9 million a year earlier, and non-GAAP net income increased to $9.9 million. Xometry also guided for Q3 revenue of $234-$236 million and Adjusted EBITDA of $16-$17 million, both above consensus expectations where available.
• Positive Sentiment: Full-year guidance was raised: Revenue growth is now expected at 33%-34%, up from 27%-28%, with approximately 37% marketplace growth and full-year Adjusted EBITDA of $60-$62 million versus $18.5 million in 2025.
• Neutral Sentiment: Xometry ended the quarter with $517 million in cash and marketable securities after raising $248 million through a stock offering and receiving $50 million from Siemens. The capital supports expansion and acquisitions but increases share-count dilution.
• Negative Sentiment: The company still posted a $5.3 million GAAP net loss, while services revenue declined 3% year over year. Recent insider activity has also been dominated by selling, which may temper investor enthusiasm.

About Xometry

Xometry, Inc (NASDAQ: XMTR) operates a technology-driven marketplace that connects businesses with on-demand manufacturing capacity across a wide array of processes. Through its proprietary Instant Quoting Engine and Xometry Platform, the company streamlines sourcing for CNC machining, 3D printing, sheet metal fabrication, injection molding, urethane casting and other custom manufacturing services. By aggregating a network of thousands of vetted suppliers, Xometry offers rapid lead times, transparent pricing and real-time order tracking to customers in sectors ranging from automotive and aerospace to medical devices and industrial equipment.

Since its founding in 2013 and headquarters in Rockville, Maryland, Xometry has expanded its geographic reach to serve customers in North America, Europe and beyond.