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
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.
Others in SIC 7389
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| MA | Mastercard Inc | $510.86B | 35.1x | 16.4% |
| RPAY | Repay Holdings Corp | $323.15B | — | -1.2% |
| UBER | Uber Technologies, Inc | $154.74B | 16.0x | 18.3% |
| ACN | Accenture plc | $114.31B | 15.4x | 7.4% |
| MELI | MERCADOLIBRE INC | $100.30B | 50.2x | 34.3% |
| DASH | DoorDash, Inc. | $91.98B | 99.4x | 27.9% |
| PYPL | PayPal Holdings, Inc. | $48.48B | 10.2x | 4.3% |
| EBAY | EBAY INC | $46.02B | 23.8x | 7.9% |