earnings
confidence high
sentiment positive
materiality 0.75
Xometry Q3 revenue up 19% to $142M record; marketplace gross margin record 33.6%
Xometry, Inc.
- Revenue $141.7M (+19% YoY); marketplace revenue $127M (+24% YoY) driving record high.
- Gross profit $55.8M (+21% YoY); marketplace gross margin 33.6% (+250 bps YoY) record.
- Adjusted EBITDA loss improved 85% to $(0.6)M, or 0.4% of revenue; Non-GAAP net income $1.1M.
- Active Buyers grew 24% to 64,851; Accounts >$50k spend increased 23% to 1,506.
- Appointed Roy Azevedo (former Raytheon exec) to Board of Directors on Oct 15.