Xometry (NASDAQ:XMTR) Releases Earnings Results, Beats Expectations By $0.05 EPS

Xometry (NASDAQ:XMTR) released its quarterly earnings results on Thursday. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05, FiscalAI reports. Xometry had a negative net margin of 8.99% and a negative return on equity of 5.49%. The business had revenue of $205.14 million for the quarter, compared to analysts’ expectations of $188.46 million. During the same period last year, the business earned ($0.05) EPS. The company’s revenue was up 35.9% compared to the same quarter last year.

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

• Record Q1 financials: Revenue was $205M (+36% YoY) with marketplace revenue up 40%, marketplace gross profit up 53% and adjusted EBITDA of $10.5M, while cash and equivalents totaled $224M with positive operating and free cash flow.
• Raised outlook: Management raised Q2 revenue guidance to $214M–$216M (32%–33% YoY) and lifted full-year revenue growth to at least 27%–28% with a target of at least 20% incremental adjusted EBITDA margin for 2026.
• Siemens strategic partnership and $50M investment: Siemens will embed Xometry’s AI/pricing/sourcing inside its Xcelerator/Designcenter and invested $50M, which management says could materially expand Xometry’s global reach and lower customer acquisition costs (Siemens not yet baked into guidance).
• Product and AI-led momentum: New AI models (lead?time model trained on ~4x data), Instant Quoting improvements, the “Name Your Part” feature, injection?molding expansion and supplier tooling are cited as drivers of active buyers +20% and revenue per buyer +17%.
• International remains a drag with a Q1 segment adjusted EBITDA loss of $2.8M (8% of revenue) despite improvement, and services revenue is roughly flat as the Thomas ad platform/search transition continues.

Xometry Stock Performance

Shares of Xometry stock traded up $22.10 during midday trading on Thursday, hitting $78.50. The company had a trading volume of 4,628,941 shares, compared to its average volume of 648,007. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of -64.34 and a beta of 1.01. The company has a quick ratio of 3.72, a current ratio of 3.76 and a debt-to-equity ratio of 1.18. The company has a fifty day simple moving average of $44.14 and a 200 day simple moving average of $54.10. Xometry has a 12-month low of $29.60 and a 12-month high of $82.11.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on XMTR. William Blair restated an “outperform” rating on shares of Xometry in a report on Tuesday, February 24th. Cantor Fitzgerald upgraded shares of Xometry from a “neutral” rating to an “overweight” rating and set a $62.00 price target on the stock in a report on Thursday, April 30th. UBS Group raised their price target on shares of Xometry from $54.00 to $55.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. Weiss Ratings restated a “sell (e+)” rating on shares of Xometry in a report on Wednesday, January 21st. Finally, Royal Bank Of Canada lowered their price target on shares of Xometry from $64.00 to $55.00 and set a “sector perform” rating on the stock in a report on Wednesday, February 25th. Six equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $62.25.

Insider Transactions at Xometry

In related news, CFO James Miln sold 15,103 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $43.46, for a total value of $656,376.38. Following the completion of the transaction, the chief financial officer directly owned 173,123 shares of the company’s stock, valued at $7,523,925.58. This trade represents a 8.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Vaidyanathan Raghavan sold 4,572 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $43.44, for a total transaction of $198,607.68. Following the completion of the transaction, the chief technology officer directly owned 64,304 shares of the company’s stock, valued at $2,793,365.76. The trade was a 6.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 67,491 shares of company stock worth $2,997,263 over the last ninety days. 9.66% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Xometry

Institutional investors have recently bought and sold shares of the business. Stifel Financial Corp raised its position in Xometry by 26.4% during the 4th quarter. Stifel Financial Corp now owns 5,108 shares of the company’s stock worth $304,000 after buying an additional 1,066 shares during the last quarter. NWI Management LP purchased a new position in Xometry during the 3rd quarter worth approximately $272,000. Victory Capital Management Inc. purchased a new position in Xometry during the 3rd quarter worth approximately $268,000. Bridgefront Capital LLC purchased a new position in Xometry during the 4th quarter worth approximately $261,000. Finally, CIBC Bancorp USA Inc. purchased a new position in Xometry during the 3rd quarter worth approximately $253,000. 97.31% of the stock is owned by hedge funds and other institutional investors.

Key Xometry News

Here are the key news stories impacting Xometry this week:

• Positive Sentiment: Record Q1 results — Xometry posted $0.12 EPS (beat ~$0.07 consensus) and $205.1M revenue, up ~36% year-over-year, signaling accelerating marketplace demand. Xometry Reports Record First Quarter 2026 Results
• Positive Sentiment: Strategic Siemens partnership and investment — Siemens will embed Xometry’s AI-native manufacturability, pricing and sourcing intelligence into Siemens Xcelerator and is making an approximately $50M minority investment, expanding Xometry’s reach into Siemens’ global engineering customer base. Siemens and Xometry partner to bring expanded AI-native supply chain intelligence to Siemens Xcelerator
• Positive Sentiment: Raised Q2 revenue target — management issued revenue guidance of $214M–$216M for Q2 versus consensus near $197.6M, implying continued demand strength and near-term revenue upside. Xometry Reports Record First Quarter 2026 Results
• Neutral Sentiment: Analyst expectations — consensus still models a negative full-year EPS (around -$0.21), so the market will watch whether margin progress and the Siemens relationship convert into sustained profitability.
• Negative Sentiment: Profitability and financial metrics remain a risk — Xometry reported a negative net margin (~-8.99%) and negative ROE, and the company remains unprofitable on a GAAP basis; execution risk remains as it scales. Listen to Conference Call / Earnings

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.