earnings
confidence high
sentiment positive
materiality 0.75
Xometry Q3 record revenue $181M (+28% YoY); marketplace revenue +31%; Adj. EBITDA $6.1M
Xometry, Inc.
- Marketplace revenue $167M (+31% YoY); active buyers up 21% to 78,282; $50k+ spend accounts up 14% to 1,724.
- Gross profit record $72.0M (+29%); marketplace gross margin 35.7% (up 210 bps YoY).
- Adjusted EBITDA $6.1M, improvement of $6.8M YoY; non-GAAP net income $6.2M vs $1.1M.
- Net loss $11.6M vs $10.2M; cash and marketable securities $225M.
- Drivers: enterprise growth, Workcenter mobile app, injection molding auto-quotes, EU expansion.
item 2.02item 9.01