Xometry, Inc. ( (XMTR) ) has released its Q3 earnings. Here is a breakdown of the information Xometry, Inc. presented to its investors.
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Xometry, Inc. is a global AI-powered marketplace that connects buyers and suppliers in the custom manufacturing industry, offering a unique platform that streamlines the procurement process.
In its latest earnings report, Xometry announced record third-quarter results for 2025, with a notable 28% increase in revenue year-over-year, reaching $181 million. This growth was primarily driven by its expanding marketplace and strategic global network.
Key highlights from the report include a 31% year-over-year increase in marketplace revenue, reaching $167 million, and a significant improvement in adjusted EBITDA, which rose by $6.8 million to $6.1 million. The company also reported a 21% increase in active buyers and a 14% rise in accounts with significant spending. However, Xometry faced a net loss of $11.6 million for the quarter.
Xometry continues to innovate with the launch of new products such as the Workcenter mobile app and auto-quotes for injection molding services, enhancing its platform’s capabilities. Despite a decrease in supplier services revenue, the company is focused on expanding its marketplace and improving supplier services.
Looking ahead, Xometry’s management remains optimistic, expecting continued growth with a forecasted revenue increase of 23-24% for the fourth quarter of 2025 and raising its full-year revenue guidance. The company aims to leverage its robust platform and strategic initiatives to achieve its financial targets.