Xometry (NASDAQ:XMTR) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Xometry (NASDAQ:XMTR) announced its quarterly earnings results on Tuesday. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.01, Briefing.com reports. Xometry had a negative net margin of 3.82% and a negative return on equity of 3.71%. The firm had revenue of $229.28 million for the quarter, compared to the consensus estimate of $215.22 million. During the same period in the prior year, the firm posted $0.09 earnings per share. The company’s revenue for the quarter was up 41.1% on a year-over-year basis.

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

XMTR traded down $4.71 during midday trading on Thursday, hitting $87.64. The stock had a trading volume of 116,954 shares, compared to its average volume of 943,996. The company has a market cap of $4.54 billion, a P/E ratio of -148.22 and a beta of 1.29. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.76 and a current ratio of 1.78. Xometry has a 1 year low of $35.86 and a 1 year high of $106.08. The business has a fifty day moving average of $90.75 and a 200 day moving average of $68.02.

Insider Buying and Selling at Xometry

In other Xometry news, Director Lukas Alexander Biewald purchased 47,058 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was bought at an average price of $85.00 per share, with a total value of $3,999,930.00. Following the completion of the purchase, the director directly owned 55,134 shares of the company’s stock, valued at $4,686,390. The trade was a 582.69% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Randolph Altschuler sold 5,722 shares of the firm’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $93.30, for a total value of $533,862.60. Following the transaction, the director directly owned 428,750 shares of the company’s stock, valued at $40,002,375. This represents a 1.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, 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

A number of large investors have recently added to or reduced their stakes in the stock. Fuller & Thaler Asset Management Inc. purchased a new position in shares of Xometry during the 4th quarter valued at $76,393,000. Ameriprise Financial Inc. lifted its position in shares of Xometry by 54.2% in the third quarter. Ameriprise Financial Inc. now owns 1,964,909 shares of the company’s stock valued at $107,029,000 after acquiring an additional 690,558 shares in the last quarter. Durable Capital Partners LP bought a new position in shares of Xometry in the third quarter worth about $36,455,000. Lord Abbett & CO. LLC raised its stake in Xometry by 272.0% during the 4th quarter. Lord Abbett & CO. LLC now owns 479,013 shares of the company’s stock valued at $28,487,000 after purchasing an additional 350,230 shares during the period. Finally, T. Rowe Price Investment Management Inc. purchased a new position in Xometry in the 4th quarter worth approximately $15,938,000. Institutional investors own 97.31% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on XMTR. Cantor Fitzgerald upped their target price on shares of Xometry from $85.00 to $110.00 and gave the stock an “overweight” rating in a report on Wednesday. Weiss Ratings reissued a “sell (d-)” rating on shares of Xometry in a report on Friday, May 29th. Citizens Jmp boosted their price target on shares of Xometry from $75.00 to $100.00 and gave the company a “market outperform” rating in a research report on Friday, May 8th. Citigroup upped their price target on shares of Xometry from $98.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Royal Bank Of Canada increased their price objective on Xometry from $85.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $101.88.

Xometry Company Profile

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.