earnings
confidence high
sentiment positive
materiality 0.80
Xometry Q1 revenue $205M (+36% YoY) record; marketplace rev +40%; Siemens partnership with $50M equity investment
Xometry, Inc.
- Q1 total revenue $205M (+36% YoY); marketplace revenue $191M (+40% YoY); gross profit $78.5M (+39% YoY).
- Adjusted EBITDA $10.5M (improved $10.4M YoY); non-GAAP net income $6.9M vs loss of $2.5M last year.
- Net loss $5.3M (improved from $15.1M); EPS -$0.10 vs -$0.30.
- Strategic partnership with Siemens: Siemens to purchase ~$50M of Xometry Class A common stock; embed Xometry AI in Siemens Xcelerator.
- Marketplace active buyers +20% to 85,581; accounts with $50k+ spend +21% to 1,864.
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