Xometry Q3 revenue $119M (+15% YoY); Q4 guidance $126-130M (28-32% growth)

Xometry, Inc.

Marketplace revenue $102M (+22% YoY); Active Buyers up 43% to 52,467; record 4,173 net new buyers.
Gross profit $46.2M (+13% YoY); marketplace gross margin 31.1% (+70 bps).
Net loss $12.0M, improving $3M YoY; Adjusted EBITDA loss $4.2M, improving $2.3M YoY.
Q4 revenue expected $126-130M; marketplace growth forecast ~40% YoY.
Announced Google Cloud AI partnership to expand instant quoting using Vertex AI.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Xometry, Inc. reported the third quarter ended September 30, 2023 results: revenue $119 million, net income $12.0 million.

Period: the third quarter ended September 30, 2023
Revenue: $119 million
Net income: $12.0 million
Result: reported results

Exact text from the filing

to continue to rapidly gain market share and accelerate marketplace revenue growth in Q4.” Third Quarter 2023 Financial Highlights • Total revenue for the third quarter 2023 was $119 million, an increase of 15% year-over-year. • Marketplace revenue for the third quarter of 2023 was $102 million, an increase of 22% year-over-year. • Supplier services revenue for the

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Xometry, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-061534

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