Xometry (NASDAQ:XMTR – Get Free Report) released its quarterly earnings data on Tuesday. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.15 by $0.01, Briefing.com reports. The business had revenue of $229.28 million for the quarter, compared to the consensus estimate of $215.22 million. Xometry had a negative net margin of 7.01% and a negative return on equity of 4.37%. The company’s revenue was up 41.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.09 earnings per share.
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
Shares of XMTR stock traded up $4.65 on Tuesday, reaching $91.66. The company’s stock had a trading volume of 1,622,375 shares, compared to its average volume of 947,779. The company has a quick ratio of 1.76, a current ratio of 1.78 and a debt-to-equity ratio of 0.86. Xometry has a 12-month low of $35.86 and a 12-month high of $106.08. The company has a market capitalization of $4.75 billion, a P/E ratio of -89.86 and a beta of 1.30. The stock’s 50 day simple moving average is $90.81 and its 200-day simple moving average is $67.62.
Trending Headlines about Xometry
- Positive Sentiment: Q2 results exceeded expectations: Xometry reported revenue of $229.3 million, up 41% year over year and above the roughly $215 million consensus estimate. Non-GAAP diluted EPS was $0.16, ahead of estimates of approximately $0.12-$0.15 and up from $0.09 a year earlier. Xometry Beats Q2 Earnings and Revenue Estimates
- Positive Sentiment: Marketplace momentum strengthened: Marketplace revenue rose 45% to $215.4 million, while active buyers increased 20% and higher-spending accounts grew 23%. Management attributed the acceleration to AI-based pricing and process recommendations, larger buyer and supplier networks, and greater enterprise wallet share. Xometry Reports Record Second Quarter 2026 Results
- Positive Sentiment: Profitability improved materially: Adjusted EBITDA increased to $14.1 million from $3.9 million a year earlier, with the margin improving by 380 basis points to 6.2%. Non-GAAP net income reached $9.9 million, although the company still posted a GAAP net loss of $5.3 million. Xometry Q2 2026 Earnings Call Transcript
- Positive Sentiment: Outlook was raised: Xometry forecasts third-quarter revenue of $234 million-$236 million and adjusted EBITDA of $16 million-$17 million, both ahead of consensus expectations. Full-year revenue-growth guidance increased to 33%-34% from 27%-28%, and full-year adjusted EBITDA guidance was set at $60 million-$62 million. Xometry Reports Record Second Quarter 2026 Results
- Neutral Sentiment: Balance sheet strengthened: Xometry ended the quarter with $517 million in cash, cash equivalents, and marketable securities after raising $248 million through a stock offering and receiving $50 million from a Siemens private placement. The capital supports expansion and acquisitions but increases share dilution.
- Negative Sentiment: Risks remain: Services revenue declined 3% year over year, GAAP profitability has not been achieved, and the stock’s strong run leaves valuation and execution expectations elevated. Continued insider selling may also weigh on sentiment.
Analyst Ratings Changes
A number of research analysts recently weighed in on XMTR shares. Citizens Jmp lifted their price objective on shares of Xometry from $75.00 to $100.00 and gave the company a “market outperform” rating in a research note on Friday, May 8th. Citigroup lifted their price target on Xometry from $65.00 to $98.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Royal Bank Of Canada boosted their price objective on Xometry from $55.00 to $85.00 and gave the company a “sector perform” rating in a research note on Friday, May 8th. Weiss Ratings restated a “sell (d-)” rating on shares of Xometry in a research note on Friday, May 29th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $78.00 target price on shares of Xometry in a report on Friday, May 8th. Six investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $84.25.
Get Our Latest Stock Report on XMTR
Insider Buying and Selling at Xometry
In other Xometry news, CEO Randolph Altschuler sold 50,000 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $87.85, for a total value of $4,392,500.00. Following the transaction, the chief executive officer directly owned 455,248 shares in the company, valued at $39,993,536.80. This represents a 9.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Subir Dutt sold 5,000 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $79.86, for a total value of $399,300.00. Following the completion of the sale, the insider directly owned 104,732 shares in the company, valued at approximately $8,363,897.52. The trade was a 4.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 80,496 shares of company stock valued at $7,124,340 over the last 90 days. Insiders own 9.10% of the company’s stock.
Institutional Investors Weigh In On Xometry
Several hedge funds have recently bought and sold shares of XMTR. Kemnay Advisory Services Inc. purchased a new stake in shares of Xometry during the 4th quarter valued at $28,000. Quantbot Technologies LP purchased a new position in Xometry in the third quarter worth $30,000. Comerica Bank increased its stake in Xometry by 17.9% in the third quarter. Comerica Bank now owns 1,140 shares of the company’s stock valued at $62,000 after acquiring an additional 173 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in Xometry during the fourth quarter valued at about $71,000. Finally, Osaic Holdings Inc. raised its position in Xometry by 27.2% during the second quarter. Osaic Holdings Inc. now owns 4,438 shares of the company’s stock valued at $150,000 after purchasing an additional 948 shares in the last quarter. 97.31% of the stock is currently owned by institutional investors.
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.
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