Xometry (NASDAQ:XMTR) Issues Earnings Results, Beats Expectations By $0.09 EPS

Xometry (NASDAQ:XMTR) released its quarterly earnings results on Tuesday. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09, FiscalAI reports. Xometry had a negative net margin of 3.82% and a negative return on equity of 2.88%. The business had revenue of $252.44 million during the quarter, compared to analyst estimates of $235.54 million. During the same period last year, the business earned $0.11 EPS. The business’s revenue was up 39.5% on a year-over-year basis.

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

• Record Q3 performance: Revenue rose 40% year over year to $252 million, marketplace revenue grew 43%, and Xometry reported its first quarter of GAAP profitability with $1.9 million in net income.
• Operating leverage improved materially: Marketplace gross margin reached a record 36.0%, adjusted EBITDA increased to $21.4 million with an 8.5% margin, and advertising spend fell to 3.0% of marketplace revenue.
• Enterprise expansion and buyer growth remained strong, with active buyers up 20% to 93,812, accounts spending at least $50,000 up 26%, and revenue from the largest customers increasing more than 40%. Management also highlighted continued wallet-share gains and expects more customers to surpass $10 million in annual spend.
• Management raised its 2026 outlook to approximately 37% revenue growth and $68 million-$68.5 million of adjusted EBITDA. The Siemens partnership is expected to launch a Designcenter beta in Q1 2027 and contribute positively to 2027 results, although the financial impact has not yet been quantified.

Xometry Trading Up 16.5%

XMTR opened at $111.29 on Wednesday. Xometry has a 12-month low of $35.86 and a 12-month high of $117.50. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.21 and a quick ratio of 3.20. The stock has a market capitalization of $5.77 billion, a PE ratio of -185.48 and a beta of 1.33. The firm’s fifty day moving average price is $96.90 and its 200 day moving average price is $76.46.

Key Stories Impacting Xometry

Here are the key news stories impacting Xometry this week:

• Positive Sentiment: Q3 revenue rose about 40% year over year to a record $252.4 million, exceeding the $235.5 million consensus estimate. Earnings of $0.28 per share also beat expectations of $0.19 and improved from $0.11 a year earlier. Xometry Reports Record Third Quarter 2026 Results
• Positive Sentiment: Marketplace revenue grew 43% to $238 million, supported by expanding buyer and supplier networks and greater customer spending. Active buyers increased 20% year over year to 93,812, indicating continued platform growth. Xometry: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Citizens raised its price target on XMTR to $135, citing the company’s earnings beat and stronger quarterly results—a supportive analyst signal. Citizens Raises Xometry Price Target
• Negative Sentiment: Despite the quarterly beat, Xometry’s reported net margin and return on equity remained negative, so sustained growth and improved profitability remain important to the investment case. Xometry Q3 Earnings Results

Analyst Ratings Changes

A number of equities analysts have weighed in on XMTR shares. Rosenblatt Securities upped their price objective on shares of Xometry from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday. JPMorgan Chase & Co. assumed coverage on Xometry in a research report on Monday, August 24th. They set an “overweight” rating and a $120.00 target price on the stock. Citizens Jmp reiterated a “market outperform” rating and issued a $120.00 price target on shares of Xometry in a research note on Monday, September 21st. UBS Group increased their price target on Xometry from $88.00 to $95.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Finally, BNP Paribas Exane initiated coverage on Xometry in a research note on Friday, September 18th. They set an “outperform” rating and a $120.00 price objective for the company. Eight equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Xometry presently has an average rating of “Moderate Buy” and an average target price of $114.45.

Insider Activity at Xometry

In other news, Director Fabio Rosati sold 8,100 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $91.45, for a total value of $740,745.00. Following the completion of the sale, the director owned 93,567 shares of the company’s stock, valued at approximately $8,556,702.15. The trade was a 7.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Randolph Altschuler sold 10,000 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $90.82, for a total transaction of $908,200.00. Following the completion of the sale, the director directly owned 551,270 shares of the company’s stock, valued at $50,066,341.40. The trade was a 1.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 64,699 shares of company stock worth $6,169,735 over the last 90 days. Company insiders own 9.10% of the company’s stock.

Xometry Company Profile

Xometry, Inc (NASDAQ:XMTR) operates a technology-driven marketplace that connects businesses seeking custom parts with a network of manufacturing suppliers. Its platform uses automated pricing, manufacturability analysis and digital workflows to help customers source parts and manage production more efficiently.

The company supports a range of manufacturing processes, including CNC machining, 3D printing, sheet metal fabrication, injection molding, urethane casting and other specialized production services.