Xometry, Inc.

XMTR Industrials Industrial Distribution

Xometry, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $686.6 million, up 25.9% from fiscal 2024.

Revenue
+39.7%
EPS
+114.7%
Free cash flow
−327.1%
Total debt
−25.5%

Quarter to September 2026, against a year earlier

110.00 3.52 −3.10%
Market cap
$6.3B
P/E
0.0×
Fwd P/E
−569×
Dividend yield
—
F-score
3/9
Altman Z
4.57
Beneish M
−2.69
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 4.05
Sold, $m 20.49
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — 1 — — — 1 — — — — —
Sell — 7 7 1 6 5 1 4 6 1 4 —
Insider Ownership 10.70%

Capital & Financial Ratios $m

Size
Market Cap 6,280.00
Revenue ttm 879.26
Net income ttm (17.28)
Free cash flow ttm (19.35)
Net debt Q (261.37)
Valuation
P/E 0.00
Forward P/E (569.00) (negative: loss-making)
Price / sales 7.17
Forward P/S Powerpack
Price / FCF 0.00
Price / book 10.26 (above 6: high)
Financial health
Current ratio Q 3.15 (at or above 1.5: strong)
Debt / equity Q 0.40 (at or below 0.5: strong)
Interest coverage Q 0.05
Growth
Revenue growth Q +39.69% (above 0%: growing)
Operating income growth Q +100.52% (above 0%: growing)
EPS, this year +116.73% (at or above 15%: strong)
EPS, next year A +78.49% (at or above 15%: strong)
Revenue, next year A +33.65% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +76.86% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 90.48%
10-year low 10-year high
P/B against its own 10 years 90.87%
10-year low 10-year high
EV/Sales against its own 10 years 90.41%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 269 240 219 505
Receivables 70 74 97 152
Inventory 3 4 4 4
Other 9 5 7 14
356 328 335 682
2023 2024 2025 Q'26
Payables 44 35 45 69
ST’ Debt — — — —
Other 7 8 10 18
83 75 89 216

Compound Annual Growth %

10y 5y 3y
Sales — 37.17% 21.70%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (9.37%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.10) (0.10) 0.03 — —
’25 (0.30) (0.52) (0.23) (0.17) (1.22)
’24 (0.34) (0.28) (0.21) (0.20) (1.03)
’23 (0.38) (0.55) (0.25) (0.22) (1.41)
’22 (0.43) (0.35) (0.32) (0.51) (1.61)
’21 (1.32) (1.46) (0.33) (0.53) (2.33)
’20 (1.17) (0.82) (0.82) (1.34) (5.32)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 205 229 252 — —
’25 151 163 181 192 687
’24 123 133 142 149 546
’23 105 111 119 128 463
’22 84 96 104 98 381
’21 44 51 57 67 218
’20 27 35 42 38 141
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 15 3 8 — —
’25 (4) 0 6 4 6
’24 (12) (9) (4) 9 (15)
’23 (16) (6) (6) (1) (30)
’22 (24) (10) (11) (17) (63)
’21 (10) (11) (17) (31) (69)
’20 (6) (5) (5) (5) (22)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 4 (10) (7) — —
’25 (9) (7) (2) (6) (24)
’24 (16) (13) (8) 5 (33)
’23 (20) (10) (10) (8) (48)
’22 (27) (13) (15) (21) (76)
’21 (11) (12) (19) (33) (75)
’20 (7) (6) (6) (6) (26)
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 23.8% a year for ten years.

Implied
23.8%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — 80 141 218 381 463 546 687 879 +43.0% 918 1,117 1,344 +25.1%
Gross margin, % — — — 18.37 23.54 26.17 38.33 38.47 39.53 39.14 38.62 +20.8 pt
EBT — — — (31) (31) (61) (79) (68) (50) (61) (15) +12.0%
EBT margin, % — — — (38.63) (21.98) (28.11) (20.74) (14.63) (9.24) (8.91) (1.75) +29.7 pt
Net income — 0 — (31) (31) (61) (79) (67) (50) (62) (17) n/m
Per share, $
Per share, $ Revenue — — — 12.64 18.87 8.30 8.08 9.67 11.11 13.51 15.34 +1.1%
Earnings — — — (4.88) (5.32) (2.33) (1.61) (1.41) (1.03) (1.22) (0.34) (20.6%)
Cash flow — — — (4.27) (2.94) (2.61) (1.33) (0.62) (0.31) 0.12 0.52 n/m
Capex — — — (0.40) (0.56) (0.24) (0.29) (0.38) (0.37) (0.59) (0.86) +6.8%
Free cash flow — — — (4.67) (3.50) (2.84) (1.61) (1.00) (0.68) (0.47) (0.34) (31.7%)
Book value — — — (11.52) (14.85) 16.17 7.88 6.90 6.43 5.45 10.73 n/m
Shares, m — — — 6 7 26 47 48 49 51 54 +41.4%
Valuation, ×
Valuation, × P/E — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/S — — — 4.20 4.20 6.18 4.00 3.58 3.84 4.40 7.17 4.3
P/B — — — 0.00 0.00 3.17 4.10 5.03 6.63 10.92 10.26 4.3
EV/Sales — — — 4.92 4.92 5.72 3.90 3.61 3.92 4.56 6.88 4.5
EV/FCF — — — (23.88) (23.88) (16.69) (19.53) (34.77) (64.00) (129.91) (312.39) (44.7)
Cash, $m
Cash, $m Operating cash flow — — — (27) (22) (69) (63) (30) (15) 6 30 n/m
Capex — — — (3) (4) (6) (13) (18) (18) (30) (49) +51.1%
Free cash flow — — — (30) (26) (75) (76) (48) (33) (24) (19) (3.4%)
Balance, $m
Balance, $m Working capital — — — 50 39 106 323 273 253 246 465 +30.6%
Net debt — — — (40) 102 (100) (40) 13 44 108 (261) n/m
Shareholders’ equity — — — (73) (111) 425 372 330 316 277 615 n/m
Returns, %
Returns, % ROA — — — (80.08) (47.95) (20.75) (12.79) (9.36) (7.26) (8.92) (1.93) +71.2 pt
ROIC — — — 0.00 0.00 (11.26) (14.50) (13.39) (9.76) (7.39) (3.44) (7.4) pt
ROE — — — 33.63 43.27 (39.07) (19.83) (19.22) (15.60) (20.85) (3.89) (54.5) pt
People
People Employees — — — — 386 788 914 992 1,088 1,174 — +24.9%
Revenue/emp, $m — — — 0.00 0.37 0.28 0.42 0.47 0.50 0.58 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Business profile

Updated

Xometry runs an online marketplace for custom-manufactured parts. It connects buyers that need a part or assembly made to suppliers with the equipment and capacity to produce it. Founded in 2013, Xometry is headquartered in North Bethesda, Maryland. Sanjeev Singh Sahni is its chief executive officer.

A buyer can upload a computer-aided design file and receive pricing, lead times and feedback on whether the part can be manufactured. Xometry’s quoting technology examines specifications such as geometry, materials, tolerances and quantities, as well as past transactions and supplier performance. The platform then helps source the job to a manufacturer. Orders range from prototypes for product development to larger production runs.

Xometry, Inc. vs peers in Industrial Distribution (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
WSO Watsco, Inc. $13.0B 27.0× 26.4× +7.42% (above 0%: growing) −11.50% (below 0%: shrinking) −8.87% (below 0%: shrinking) 26.41% 10.14% Compare
QXO QXO, Inc. $12.1B — (loss-making) — (loss-making) +70.30% (above 0%: growing) n/m −27.62% (below 0%: shrinking) 24.74% (1.29%) Compare
AIT Applied Industrial Technologies, Inc. $10.3B 24.7× 24.2× +7.64% (above 0%: growing) +12.65% (above 0%: growing) −34.44% (below 0%: shrinking) 30.38% 11.12% Compare
CNM Core & Main, Inc. $8.9B 19.3× 16.8× +2.48% (above 0%: growing) +8.45% (above 0%: growing) +83.33% (above 0%: growing) 26.71% 10.58% Compare
POOL Pool Corporation $7.7B 19.8× 18.9× +3.71% (above 0%: growing) 0.00% +52.83% (above 0%: growing) 28.99% 11.44% Compare
XMTR Xometry, Inc. $6.3B — (loss-making) — (loss-making) +39.69% (above 0%: growing) n/m −327.10% (below 0%: shrinking) 39.09% 0.02%
MSM MSC Industrial Direct Company, Inc. $6.2B 27.8× 29.0× +10.32% (above 0%: growing) −14.85% (below 0%: shrinking) +8.93% (above 0%: growing) 40.64% 6.75% Compare
SITE SiteOne Landscape Supply, Inc. $4.9B 29.6× 29.8× +2.61% (above 0%: growing) +10.89% (above 0%: growing) −7.95% (below 0%: shrinking) 35.51% 7.42% Compare
REZI Resideo Technologies, Inc. $3.0B 7.8× 13.6× +1.96% (above 0%: growing) n/m −33.89% (below 0%: shrinking) 30.04% 6.61% Compare
Median of peers $8.3B 24.7× 24.2× +5.57% +4.23% −8.41% 29.52% 8.78%

All 25 Industrial Distribution stocks →

From the latest earnings call

Updated

  • CFO James Miln said buyer additions reflected Xometry’s product-led strategy, AI model optimization and marketing, while executive Sanjeev Sahni described interconnected models for pricing, sourcing and manufacturability.
  • Sanjeev Sahni said Xometry and Siemens are working on integrating custom-parts pricing into a design tool, and he expects the partnership to affect 2027 results positively.

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 98.02%
Held by the ten largest 51.10%
Holder Shares Stake Change
PRIMECAP Management 6.64m 11.58% +140.56k
Vanguard 4.49m 7.84% +164.16k
Fidelity (FMR) 3.92m 6.84% +780.65k
BlackRock 3.84m 6.70% +339.61k
EVENTIDE ASSET MANAGEMENT, LLC 2.15m 3.75% −808.39k
Hood River Capital Management LLC 1.99m 3.47% +863.63k
Driehaus Capital Management LLC 1.77m 3.08% +255.36k
First Trust 1.74m 3.04% +168.30k
FULLER & THALER ASSET MANAGEMENT, INC. 1.43m 2.50% +91.12k
Wellington Management 1.32m 2.31% +280.49k
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 29 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 4.87m 13.79m 68.05
2024 3.83m 7.39m 48.82
2023 1.38m 1.75m 41.09
2022 3.78m 1.22m 36.88
2021 3.30m 15.92m 58.65

Ownership

Directors and executive officers, together 40.40%
Randolph Altschuler 39.80%
PRIMECAP Management Company 7.00%
The Vanguard Group 5.00%
Blackrock, Inc. 4.00%
Eventide Asset Management, LLC 3.90%
FMR LLC 3.30%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Xometry, Inc. (XMTR) Latest News

4 Nov

Impact 3 · · MT Newswires
Impact 3 · · Simply Wall St.
Impact 3 · · Simply Wall St.

3 Nov

Impact 4 · · Moby
Impact 4 · · The Motley Fool transcript
Impact 4 · · GlobeNewswire
Impact 3 · · The Motley Fool
Impact 3 · · MarketBeat
Impact 3 · · Associated Press

26 Sep

24 Sep

Impact 3 · · Investor's Business Daily

11 Aug

Impact 4 · · The Motley Fool transcript

XMTR metrics, ten years each

stockrow.com/XMTR · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com