Xometry, Inc. XMTR
Xometry, Inc. ("Xometry", the "Company", "our", or "we") was founded in 2013 with the mission to make the world's manufacturing capacity accessible to all. Xometry's Artificial Intelligence ("AI") native marketplace that is digitizing how custom manufacturing is priced, sourced and fulfilled globally.
Xometry is an AI-native global online manufacturing marketplace with a suite of services that are rapidly digitizing the custom manufacturing industry. Xometry's marketplace enables the design-to-production workflow by providing the AI-driven execution layer that translates design intent into intelligent sourcing decisions and production outcomes at scale. The marketplace offers transparency and traceability from the first quote to final delivery. We also provide services that power the broader manufacturing lifecycle. These services include advertising and marketing services through our Thomasnet industrial sourcing platform, financial services and Workcenter, our cloud-based manufacturing execution system. These services deepen our relationships with suppliers. Together, our marketplace and services platforms provide manufacturers the critical resources they need to grow their business and make it easy for buyers to create locally resilient supply chains.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- U.S.
- International
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| U.S. | $573.8M | $456.7M | $403.3M |
| International | $112.9M | $88.8M | $60.1M |
As the company reported it, from the “Segments - Summary of Segment Information (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $686.6M | $545.5M | $463.4M | $380.9M | $218.3M | $141.4M | $80.2M | — |
| Cost of revenue | $417.9M | $329.9M | $285.1M | $234.9M | $161.2M | $108.1M | $65.5M | — |
| Gross profit | $268.8M | $215.6M | $178.3M | $146.0M | $57.1M | $33.3M | $14.7M | — |
| R&D | $46.8M | $39.3M | $34.5M | $31.0M | $17.8M | $12.2M | $10.6M | — |
| SG&A | $72.3M | $65.0M | $70.9M | $58.2M | $34.9M | $12.0M | $8.0M | — |
| Total operating expenses | $314.3M | $271.8M | $251.8M | $223.1M | $115.8M | $62.5M | $45.3M | — |
| Operating income | -$45.5M | -$56.1M | -$73.6M | -$77.1M | -$58.7M | -$29.2M | -$30.5M | — |
| Interest expense | — | — | $4.8M | $4.4M | $852.0K | $1.1M | — | — |
| Pre-tax income | -$61.2M | -$50.4M | -$67.8M | -$79.0M | -$61.4M | -$31.1M | — | — |
| Income tax | $589.0K | $21.0K | $353.0K | $36.0K | — | — | — | — |
| Net income | -$61.7M | -$50.4M | -$67.5M | -$79.0M | -$61.4M | -$31.1M | -$31.0M | — |
| EPS, basic | — | -1.03 | -1.41 | -1.68 | -2.33 | -5.32 | — | — |
| EPS, diluted | — | -1.03 | -1.41 | -1.68 | -2.33 | -5.32 | -4.88 | — |
| Shares, diluted (wtd. avg.) | — | 49.1M | 47.9M | 47.2M | 26.3M | 7.5M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $15.0M | $22.2M | $53.4M | $65.7M | $86.3M | $59.9M | — | — |
| Short-term investments | $204.1M | $217.6M | $215.4M | $253.8M | $30.5M | $0 | — | — |
| Receivables | $97.4M | $74.0M | $70.1M | $49.3M | $32.4M | $14.6M | — | — |
| Inventory | $3.9M | $3.9M | $2.9M | $1.6M | $2.0M | $2.3M | — | — |
| Total current assets | $334.6M | $327.5M | $356.2M | $387.2M | $163.4M | $77.7M | — | — |
| Property, plant and equipment | $60.6M | $44.8M | $35.6M | $19.1M | $10.3M | $6.1M | — | — |
| Goodwill | $263.8M | $262.7M | $262.9M | $258.0M | $254.7M | $833.0K | $2.2M | — |
| Other intangibles | $28.6M | $32.1M | $35.8M | $39.4M | $41.7M | $1.7M | — | — |
| Total assets | $703.7M | $680.1M | $707.4M | $734.1M | $502.6M | $89.0M | — | — |
| Accounts payable | — | — | $24.7M | $12.4M | $12.7M | $5.6M | — | — |
| Short-term debt | — | — | — | — | — | $15.8M | — | — |
| Total current liabilities | $88.9M | $74.8M | $83.2M | $64.0M | $57.0M | $38.4M | — | — |
| Total liabilities | $427.0M | $364.5M | $377.0M | $362.3M | $77.1M | $39.5M | — | — |
| Retained earnings | -$432.0M | -$370.3M | -$319.9M | -$252.4M | -$173.3M | -$112.0M | — | — |
| Total equity | $275.6M | $314.5M | $330.4M | $371.8M | $425.5M | -$111.2M | -$73.1M | -$45.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $6.1M | -$15.4M | -$29.9M | -$62.6M | -$68.6M | -$22.0M | -$27.1M | — |
| Depreciation and amortisation | $18.8M | $13.0M | $10.7M | $7.8M | $3.6M | $3.1M | $1.8M | — |
| Stock-based compensation | $36.4M | $29.3M | $22.1M | $19.2M | $7.4M | $1.0M | $544.0K | — |
| Capital expenditure | $30.2M | $18.1M | $18.5M | $13.7M | $6.3M | $4.2M | $2.7M | — |
| Investing cash flow | -$16.6M | -$20.2M | $16.8M | -$238.6M | -$212.7M | $6.7M | -$2.4M | — |
| Financing cash flow | $2.9M | $4.6M | $1.1M | $281.0M | $307.8M | $35.3M | $54.7M | — |
| Buybacks | $8.1M | $0 | $0 | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-191498.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $80.2M | $141.4M | $218.3M | $380.9M | $463.4M | $545.5M | $686.6M |
| Gross profit | — | $14.7M | $33.3M | $57.1M | $146.0M | $178.3M | $215.6M | $268.8M |
| Net income | — | -$31.0M | -$31.1M | -$61.4M | -$79.0M | -$67.5M | -$50.4M | -$61.7M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Officer or director change Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Officer or director change Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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