Xometry Q1 revenue $123M (+16% YoY); marketplace gross margin record 32.0%

Xometry, Inc.

Marketplace revenue $107M (+24% YoY); active buyers up 32% to 58,504.
Adjusted EBITDA loss $7.5M, improved 37% YoY from $11.8M loss.
Net loss $16.6M (EPS -$0.34) vs. $18.3M (EPS -$0.38) in Q1 2023.
Marketplace gross margin expanded 320 bps to record 32.0%; total gross profit +22% to $47.9M.
Supplier services revenue declined 17% to $15.5M due to exit of tools/materials business.

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 first quarter ended March 31, 2024 results: revenue $123 million, net income $16.6 million, EPS $(0.34) per diluted share.

Period: first quarter ended March 31, 2024
Revenue: $123 million
Net income: $16.6 million
EPS: $(0.34) per diluted share
Result: reported results

Exact text from the filing

expressly stated in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Xometry Reports First Quarter 2024 Results • Q1 revenue increased 16% year-over-year to $123 million driven by marketplace growth of 24% year-over-year. • Q1 gross profit increased 22% year-over-year driven by 37% growth in marketplace gross profit. Q1 marketplace gross margin

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Xometry, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-056270

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