Xometry, Inc.
Business
Xometry operates an AI-native online marketplace that digitizes custom manufacturing by connecting buyers with suppliers and providing instant pricing, lead-time quotation, and design-for-manufacturability analysis. The platform offers CNC machining, injection molding, 3D printing, sheet forming, die casting, and other manufacturing processes at scale. Xometry also provides complementary services including Thomasnet industrial sourcing and advertising, financial services (Instant Pay), and Workcenter cloud-based manufacturing execution software for suppliers. The marketplace and services reach global buyers and suppliers, with expanding operations in North America, Europe, China, and Turkey.
Summary from 10-K filed 2026-02-24
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 687 | 546 | 463 | 381 | 218 | |
| Cost of revenue | 418 | 330 | 285 | 235 | 161 | |
| Gross profit | 269 | 216 | 178 | 146 | 57 | |
| Sales and marketing | 123 | 108 | 94 | 84 | 39 | |
| Operations and support | 72 | 59 | 52 | 49 | 24 | |
| Product development | 47 | 39 | 34 | 31 | 18 | |
| General and administrative | 72 | 65 | 71 | 58 | 35 | |
| Impairment of assets | 49,000 | 82,000 | 397,000 | 824,000 | — | |
| Total operating expenses | 314 | 272 | 252 | 223 | 116 | |
| Loss from operations | −46 | −56 | −74 | −77 | −59 | |
| Interest expense | −5 | −5 | −5 | −4 | −852,000 | |
| Interest and dividend income | 9 | 11 | 12 | 4 | 982,000 | |
| Other expenses | −20 | −757,000 | −2 | −2 | −3 | |
| Income from unconsolidated joint venture | 404,000 | 452,000 | 446,000 | 570,000 | 41,000 | |
| Total other (expenses) income | −16 | 6 | 6 | −2 | −3 | |
| Loss before income taxes | −61 | −50 | −68 | −79 | −61 | |
| (Provision) benefit for income taxes | −589,000 | 21,000 | 353,000 | −36,000 | — | |
| Net loss | −62 | −50 | −67 | −79 | −61 | |
| Net (loss) income attributable to noncontrolling interest | −5,000 | −2,000 | 7,000 | 16,000 | −2,000 | |
| Net loss attributable to common stockholders | −62 | −50 | −67 | −79 | −61 | |
| Foreign currency translation | 5 | −1 | 849,000 | −81,000 | −61,000 | |
| Total other comprehensive income (loss) | 5 | −1 | 849,000 | −81,000 | −61,000 | |
| Comprehensive loss | −57 | −52 | −67 | −79 | −61 | |
| Comprehensive (loss) income attributable to noncontrolling interest | −7,000 | 24,000 | 29,000 | 56,000 | 0 | |
| Total comprehensive loss attributable to common stockholders | −57 | −52 | −67 | −79 | −61 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 15 | 22 | 53 | 66 | 86 | |
| Marketable securities | 204 | 218 | 215 | 254 | 30 | |
| Accounts receivable, less allowance for credit losses of $8.0 million and $4.9 million as of December 31, 2025 and December 31, 2024 | 97 | 74 | 70 | 49 | 32 | |
| Inventory | 4 | 4 | 3 | 2 | 2 | |
| Prepaid expenses | 7 | 5 | 6 | 8 | 7 | |
| Other current assets | 7 | 5 | 9 | 9 | 6 | |
| Total current assets | 335 | 328 | 356 | 387 | 163 | |
| Property and equipment, net | 61 | 45 | 36 | 19 | 10 | |
| Operating lease right-of-use assets | 11 | 8 | 12 | 26 | 27 | |
| Investment in unconsolidated joint venture | 4 | 4 | 4 | 4 | 4 | |
| Intangible assets, net | 29 | 32 | 36 | 39 | 42 | |
| Goodwill | 264 | 263 | 263 | 258 | 255 | |
| Other assets | 880,000 | 412,000 | 471,000 | 413,000 | 773,000 | |
| Total assets | 704 | 680 | 707 | 734 | 503 | |
| Accounts payable and accrued cost of revenue | 45 | 35 | 44 | — | — | |
| Other accrued expenses | 32 | 24 | 23 | — | — | |
| Contract liabilities | 10 | 8 | 7 | 9 | 8 | |
| Income taxes payable | 269,000 | 979,000 | 2 | 4 | — | |
| Operating lease liabilities, current portion | 2 | 6 | 7 | 5 | 6 | |
| Total current liabilities | 89 | 75 | 83 | 64 | 57 | |
| Convertible notes | 328 | 284 | 282 | 280 | — | |
| Operating lease liabilities, net of current portion | 10 | 5 | 11 | 17 | 17 | |
| Deferred income taxes | 145,000 | 229,000 | 275,000 | 429,000 | 18,000 | |
| Other liabilities | 547,000 | 817,000 | 778,000 | 1 | 2 | |
| Total liabilities | 427 | 365 | 377 | 362 | 77 | |
| Commitments and contingencies (Note 11) | — | — | — | — | — | |
| Preferred stock, $0.000001 par value. Authorized; 50,000,000 shares; zero shares issued and outstanding as of December 31, 2025 and December 31, 2024 | — | — | — | — | — | |
| Additional paid-in capital | 711 | 685 | 648 | 623 | 598 | |
| Treasury stock, at cost, 220,994 and zero shares as of December 31, 2025 and December 31, 2024, respectively | −8 | 0 | — | — | — | |
| Accumulated other comprehensive income (loss) | 5 | −328,000 | 855,000 | 28,000 | 149,000 | |
| Accumulated deficit | −432 | −370 | −320 | −252 | −173 | |
| Total stockholders' equity | 276 | 314 | 329 | 371 | 424 | |
| Noncontrolling interest | 1 | 1 | 1 | 1 | 1 | |
| Total equity | 277 | 316 | 330 | 372 | 425 | |
| Total liabilities and stockholders' equity | 704 | 680 | 707 | 734 | 503 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 19 | 13 | 11 | 8 | 4 | |
| Reduction in carrying amount of right-of-use asset | 5 | 4 | 14 | 7 | 1 | |
| Lease termination | −14,000 | 0 | 0 | — | — | |
| Stock-based compensation | 36 | 29 | 22 | 19 | 7 | |
| Revaluation of contingent consideration | 0 | 137,000 | 571,000 | 817,000 | — | |
| Income from unconsolidated joint venture | −90,000 | −42,000 | −46,000 | 130,000 | −41,000 | |
| Donation of common stock | 3 | 2 | 1 | 2 | 2 | |
| Loss on debt extinguishment | 16 | 0 | — | — | 272,000 | |
| Loss on sale of property and equipment | 0 | 3,000 | 92,000 | 47,000 | 20,000 | |
| Inventory write-off | 0 | 0 | 223,000 | 133,000 | — | |
| Amortization of deferred costs on convertible notes | 2 | 2 | 2 | 2 | — | |
| Deferred tax benefit | −84,000 | −46,000 | −154,000 | −653,000 | −179,000 | |
| Accounts receivable, net | −22 | −6 | −21 | −17 | −11 | |
| Inventory | 135,000 | −1 | −2 | 351,000 | 293,000 | |
| Prepaid expenses | −2 | 599,000 | 2 | −2 | −4 | |
| Other assets | −772,000 | 4 | −80,000 | −4 | 464,000 | |
| Accounts payable and accrued cost of revenue | 9 | −9 | 13 | −215,000 | — | |
| Other accrued expenses | 7 | 3 | 2 | 406,000 | — | |
| Contract liabilities | 2 | 681,000 | −1 | 735,000 | −2 | |
| Lease liabilities | −7 | −7 | −6 | −6 | −845,000 | |
| Other liabilities | −24,000 | 527,000 | 0 | — | — | |
| Income taxes payable | −710,000 | −2 | −312,000 | 743,000 | — | |
| Net cash provided by (used in) operating activities | 6 | −15 | −30 | −63 | −69 | |
| Purchases of marketable securities | −9 | −19 | −12 | −284 | −267 | |
| Proceeds from sale of marketable securities | 22 | 17 | 50 | 59 | 235 | |
| Purchases of property and equipment | −30 | −18 | −18 | −14 | −6 | |
| Distributions in excess of earnings | 86,000 | 90,000 | 0 | — | — | |
| Proceeds from sale of property and equipment | 0 | 79,000 | 223,000 | 189,000 | — | |
| Cash paid for business combination, net of cash acquired | 0 | 0 | −3 | — | −175 | |
| Net cash (used in) provided by investing activities | −17 | −20 | 17 | −239 | −213 | |
| Proceeds from issuance of convertible notes | 250 | 0 | 0 | 288 | — | |
| Costs incurred in connection with issuance of convertible notes | −9 | 0 | 0 | −9 | — | |
| Payments for repurchase of convertible notes | −216 | 0 | 0 | — | — | |
| Purchase of capped calls | −17 | 0 | 0 | — | — | |
| Purchase of treasury stock | −8 | 0 | 0 | — | — | |
| Proceeds from stock options exercised | 3 | 5 | 2 | 4 | 2 | |
| Payment of contingent consideration | 0 | −465,000 | −842,000 | −932,000 | — | |
| Net cash provided by financing activities | 3 | 5 | 1 | 281 | 308 | |
| Effect of foreign currency translation on cash and cash equivalents | 424,000 | −268,000 | −234,000 | −367,000 | −61,000 | |
| Net decrease in cash and cash equivalents | −7 | −31 | −12 | −21 | 26 | |
| Cash paid for interest | 4 | 3 | 3 | 1 | 907,000 | |
| Non-cash purchase of property and equipment | 0 | 1 | 5 | 279,000 | — | |
| Non-cash consideration in connection with business combination | 625,000 | 625,000 | 2 | −518,000 | 2 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Xometry, Inc.'s CIK number?
Xometry, Inc.'s SEC CIK number is 0001657573 (1657573). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Xometry, Inc.'s SEC filings?
All of Xometry, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Xometry, Inc. last report earnings?
Xometry, Inc. (XMTR) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-210312). This is Xometry, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Xometry, Inc.'s most recent earnings 8-K?
Xometry, Inc.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001193125-26-210312. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Xometry, Inc.'s latest earnings 8-K →
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