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

Xometry (NASDAQ:XMTR) announced its 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 for the quarter, compared to analyst estimates of $215.22 million. Xometry had a negative return on equity of 4.37% and a negative net margin of 7.01%.Xometry’s revenue for the quarter was up 41.1% compared to the same quarter last year. During the same quarter last year, the firm 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 Stock Up 5.3%

Shares of NASDAQ:XMTR traded up $4.65 during trading on Tuesday, hitting $91.66. 1,362,911 shares of the company were exchanged, compared to its average volume of 943,333. Xometry has a fifty-two week low of $35.86 and a fifty-two week high of $106.08. The stock has a market cap of $4.75 billion, a price-to-earnings ratio of -89.86 and a beta of 1.30. The company has a current ratio of 1.78, a quick ratio of 1.76 and a debt-to-equity ratio of 0.86. The firm has a fifty day moving average price of $90.81 and a two-hundred day moving average price of $67.62.

Insider Buying and Selling

In other news, Director Lukas Alexander Biewald bought 47,058 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was acquired at an average cost of $85.00 per share, with a total value of $3,999,930.00. Following the completion of the purchase, the director owned 55,134 shares of the company’s stock, valued at $4,686,390. This represents a 582.69% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO James Miln sold 2,392 shares of the business’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $93.29, for a total transaction of $223,149.68. Following the transaction, the chief financial officer owned 179,131 shares in the company, valued at approximately $16,711,130.99. The trade was a 1.32% decrease in their ownership of the stock. 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. Insiders have sold a total of 80,496 shares of company stock worth $7,124,340 in the last quarter. 9.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Xometry

A number of institutional investors and hedge funds have recently modified their holdings of XMTR. Comerica Bank raised its position in Xometry by 17.9% during the third quarter. Comerica Bank now owns 1,140 shares of the company’s stock valued at $62,000 after purchasing an additional 173 shares in the last quarter. Mariner LLC boosted its holdings in shares of Xometry by 3.2% in the 3rd quarter. Mariner LLC now owns 9,844 shares of the company’s stock valued at $536,000 after purchasing an additional 301 shares in the last quarter. New York State Common Retirement Fund boosted its holdings in shares of Xometry by 0.5% in the 4th quarter. New York State Common Retirement Fund now owns 74,565 shares of the company’s stock valued at $4,434,000 after purchasing an additional 348 shares in the last quarter. Kemnay Advisory Services Inc. bought a new position in shares of Xometry in the 4th quarter valued at $28,000. Finally, Quantbot Technologies LP bought a new position in shares of Xometry in the 3rd quarter valued at $30,000. 97.31% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Wedbush assumed coverage on shares of Xometry in a research note on Thursday, July 16th. They set an “outperform” rating and a $126.00 price target for the company. Weiss Ratings restated a “sell (d-)” rating on shares of Xometry in a report on Friday, May 29th. Citizens Jmp raised their target price 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. Royal Bank Of Canada lifted their price target on shares of Xometry from $55.00 to $85.00 and gave the company a “sector perform” rating in a research note on Friday, May 8th. Finally, Citigroup boosted their price target on shares of Xometry from $65.00 to $98.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $84.25.

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.