Overview
AI-native marketplace's Q4 revenue grew 30% yr/yr, beating analyst expectations
Adjusted EBITDA for Q4 improved significantly, beating analyst estimates
Company's growth driven by robust marketplace expansion and enterprise engagement
Outlook
Xometry expects Q1 2026 revenue between $187 mln and $189 mln
Company anticipates Q1 2026 Adjusted EBITDA of $6.5 mln to $7.5 mln
Xometry projects full-year 2026 revenue growth of at least 21%
Result Drivers
MARKETPLACE GROWTH - Q4 revenue increased 30% yr/yr to $192 mln, driven by robust marketplace growth and enterprise engagement
ENTERPRISE ENGAGEMENT - Strong enterprise growth and expanded networks of buyers and suppliers accelerated marketplace revenue growth to 33% yr/yr
INTERNATIONAL EXPANSION - Xometry expanded its supplier base globally, including Europe, China, India, and Turkey, contributing to growth
Company press release: ID:nGNX7tnTnW
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$192.40 mln
$183.14 mln (10 Analysts)
Q4 Adjusted Net Income
$9.10 mln
Q4 Adjusted EBITDA
Beat
$8.38 mln
$6.62 mln (9 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for Xometry Inc is $65.00, about 13.7% above its February 23 closing price of $57.15
The stock recently traded at 75 times the next 12-month earnings vs. a P/E of 71 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)