Xometry, Inc. Reports Strong Q1 2025 Growth

Xometry, Inc. ( (XMTR) ) has released its Q1 earnings. Here is a breakdown of the information Xometry, Inc. presented to its investors.

Xometry, Inc. is a global AI-powered marketplace that digitizes manufacturing and enhances supply chain resiliency, operating primarily in the industrial sector. The company offers a platform for sourcing manufacturing services across the globe, leveraging advanced technology to match buyers with suppliers efficiently.

In its first quarter of 2025, Xometry reported a significant increase in revenue, reaching a record $151 million, marking a 23% year-over-year growth. This growth was driven by robust performance in its marketplace segment, with a 27% increase in marketplace revenue, showcasing strong enterprise engagement in the U.S.

Key financial metrics from the quarter include a gross profit increase of 18% year-over-year to $56.3 million and an improvement in Adjusted EBITDA by $7.5 million, resulting in a positive Adjusted EBITDA of $0.1 million. The company also reported a decrease in net loss attributable to common stockholders by $1.5 million year-over-year. However, supplier services revenue saw a slight decline of 6% compared to the previous year.

Strategically, Xometry is focusing on expanding its buyer and supplier networks, enhancing its marketplace platform, and growing its international presence. The company also achieved significant milestones, such as launching instant quoting for injection molding in Europe and obtaining a cybersecurity certification, reinforcing its position in the aerospace and defense industries.

Looking ahead, Xometry’s management remains optimistic, expecting continued growth in its marketplace segment and aiming for positive Adjusted EBITDA for the full year 2025. The company plans to further enhance its platform capabilities and expand its global reach, positioning itself as a leader in the digital manufacturing space.