Revenue data and scope
| Period | Revenue, USD millions |
|---|---|
| Q3 2025 | 166.592 |
| Q3 2026 | 238.004 |
Reported, unaudited parts and assemblies revenue; excludes services. Both charts use a zero-to-$250-million scale. Growth: (238.004 / 166.592 − 1) × 100 = 42.87%. Original chart; no source artwork.
Xometry is growing by helping other manufacturers find work. Its online marketplace connects buyers of custom parts with suppliers able to make them. Results announced November 3 show that this matchmaking business has crossed into quarterly profit, though the cushion remains small. [1] [2]
The company, listed on Nasdaq as XMTR, reported $252.4 million in third-quarter revenue, up 40% from a year earlier. Sales through the parts marketplace grew faster, at 43%. The question for shareholders is whether handling more orders can produce a sturdier profit. [1]
An online route to real parts
A buyer uploads a three-dimensional design, chooses materials and quantities, and receives pricing and expected delivery times. Xometry also checks whether the design can be manufactured. After an order, its engineers review the project and assign it to a supplier in the network. [3]
The available processes range from 3D printing to sheet-metal fabrication and injection molding. Buyers can change finishes, inspection requirements and delivery speed before checkout. This puts the practical choices around a custom part into one purchasing process. [3]
The attraction for smaller factories is access to orders beyond their usual customers. Xometry's October manufacturing outlook argues that unused capacity exists, but buyers need help finding qualified suppliers. That is the company's assessment, based on its research, rather than proof that every factory can take every job. [5]
“There’s plenty of manufacturing capacity in the U.S. to meet the growing demand for parts”
Sanjeev Singh Sahni, Xometry chief executive, October 1, 2026 [5]
Getting inside the purchasing routine
Xometry had 93,812 active buyers at September 30, up 20% in a year. These are people who bought during the preceding twelve months, not a count of separate companies. [2]
It is also trying to make repeat purchases easier. A September expansion with TradeCentric lets U.S. customers configure parts through their existing purchasing systems, send orders for internal approval and automate purchase orders and invoices. The aim is to reduce manual work around the transaction. [4]
That matters because an engineer's enthusiasm alone does not complete a corporate purchase. Approvals and paperwork still have to fit the employer's rules. Becoming part of that routine could make Xometry more useful without requiring a customer to change its whole purchasing system.
A profit with little room for error
The quarterly filing shows $1.9 million in net income, compared with an $11.6 million loss a year earlier. But operating income, before financing income and other items, was only $57,000. Interest and dividend income contributed $4.4 million. The profitable headline therefore overstates how much the core operation currently earns. [2]
Over the first nine months, Xometry still lost $8.6 million, although operating cash flow was positive at $25.4 million. The filing also lists about $328.4 million of convertible debt at its accounting value. Debt obligations and potential share dilution remain relevant alongside growth. [2]
The market connection More orders can spread the cost of running a marketplace. A thin operating profit leaves little protection if demand weakens or expenses rise.
Management expects fourth-quarter revenue of $254 million to $256 million; that is guidance, not booked sales. [1] Xometry has shown that factory matchmaking can grow. Its next test is earning more from that activity itself, rather than relying on income from its financial reserves.