Xometry Crushes Q2 Estimates and Lifts Full-Year Outlook as Marketplace Revenue Growth Accelerates to 45%

summarizeSummary

Record Q2 2026 results featured revenue up 41% to $229M, marketplace growth accelerating to 45%, and Adjusted EBITDA improving $10.2M to $14.1M. Full-year guidance was raised significantly.

check_boxKey Events · Earnings and Guidance · XMTR

• Record Q2 Revenue and Accelerating Growth

  Total revenue reached $229 million, up 41% year-over-year, with marketplace revenue growth accelerating to 45% — the fourth consecutive quarter of faster growth.

• Profitability Surge

  Adjusted EBITDA improved $10.2 million to $14.1 million (6.2% margin), and non-GAAP net income swung to $9.9 million from $1.1 million a year ago.

• Raised Full-Year Guidance

  Full-year 2026 revenue growth outlook raised to 33-34% (from 27-28%), and Adjusted EBITDA guidance lifted to $60-$62 million, up from $18.5 million in 2025.

• Strong Balance Sheet After Equity Raise

  Cash and equivalents stood at $517 million as of June 30, 2026, boosted by $248 million net proceeds from a June equity offering and $50 million from Siemens' private placement.

auto_awesomeAnalysis · XMTR · Trade & Services

A standout quarter saw revenue accelerate to $229 million — a 41% year-over-year increase and the fourth consecutive quarter of faster growth. Marketplace revenue surged 45%, fueled by expanding buyer and supplier networks and deeper enterprise engagement. Profitability also leaped: Adjusted EBITDA of $14.1 million marked a $10.2 million improvement over last year, while non-GAAP net income swung to $9.9 million. Confidence in sustained momentum is evident in the raised full-year revenue growth outlook of 33-34% and Adjusted EBITDA guidance of $60-$62 million. With $517 million in cash following a successful equity raise, the company is well-funded to pursue organic growth and selective M&A. This report confirms the business is scaling profitably and gaining share in a massive, fragmented market.