earnings
confidence high
sentiment positive
materiality 0.75
Xometry Q2 revenue record $163M, up 23% YoY; adjusted EBITDA positive $3.9M
Xometry, Inc.
- Q2 revenue $162.5M (record), +23% YoY; marketplace revenue $148.2M, +26% YoY.
- Gross profit record $65.2M (40.1% of revenue); marketplace gross margin 35.4%, up 190 bps YoY.
- Net loss $26.4M includes $16.4M non-recurring loss on debt extinguishment; adjusted EBITDA $3.9M vs -$2.6M.
- Non-GAAP net income $4.7M vs loss $0.6M YoY; non-GAAP EPS $0.09 diluted.
- Completed $250M convertible notes due 2030 at 0.75%; refinanced $200M+ of 2027 notes.
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