Xometry(NASDAQ) XMTR

Xometry, Inc. helps businesses get custom parts made quickly. It connects engineers with a global network of professional manufacturing partners. The platform uses software to provide instant pricing and production times.

Building Parts With Math

• Marketplace Revenue: Sales of custom parts produced by a global supplier network; reached $215.4 million in Q2 2026.
• Services Revenue: Advertising, marketing, and financial tools for industrial businesses; totaled $13.9 million in Q2 2026.
• Workcenter: Cloud-based software that organizes factory workflows for both Xometry and non-Xometry projects.
• Thomasnet: Industrial sourcing platform that connects buyers with over 500,000 North American suppliers.

Acquisitions and New Partners

• Acquired GoBRANDgo, LLC in July 2026 to improve marketing services with artificial intelligence.
• Integrated marketplace tools into Siemens industrial software beginning in May 2026.
• Reduced the workforce by 5% during 2025 to align resources and improve efficiency.
• Raised approximately $247.6 million through a public stock offering in June 2026.

Technology Without the Factories

Xometry uses proprietary artificial intelligence to provide instant quotes and match orders with suitable manufacturing partners. This digital model allows the company to scale its services without owning expensive physical factory equipment.

Revenue and Buyer Growth

• Total revenue reached $229.3 million in Q2 2026, up 41% year over year.
• Active buyers rose 20% year over year to 89,557 as of June 30, 2026.
• Adjusted EBITDA reached $14.1 million for the three months ended June 30, 2026.
• Market cap grew 200.1% year over year to $5.1 billion in Q2 2026.

Bottom Line

Xometry has transitioned from a parts marketplace into a digital ecosystem that supports the entire manufacturing lifecycle. Its focus on AI-driven pricing and supplier management has improved profitability while scaling its global buyer base.