Xometry Reports Record Q4 & Strong Full Year 2025 Results, Guides for Continued Growth & Profitability in 2026

summarizeSummary

Xometry reported record fourth quarter and strong full year 2025 financial results, driven by robust marketplace growth and significant Adjusted EBITDA improvement, alongside positive guidance for continued growth and profitability in 2026.

check_boxKey Events

• Record Q4 2025 Revenue

  Fourth quarter revenue increased 30% year-over-year to a record $192 million, with marketplace revenue accelerating 33% year-over-year to $178 million.

• Significant Adjusted EBITDA Improvement

  Q4 Adjusted EBITDA improved by $7.3 million year-over-year to $8.4 million, and full year Adjusted EBITDA reached $18.5 million, an improvement of $28.2 million year-over-year.

• Strong Full Year 2025 Performance

  Full year 2025 revenue grew 26% to $686.6 million, driven by 30% marketplace revenue growth. Non-GAAP net income for the full year was $20.8 million, compared to a loss in 2024.

• Positive 2026 Outlook

  The company provided Q1 2026 revenue guidance of $187-$189 million (24-25% growth) and full year 2026 revenue growth of at least 21%, with a target of at least 20% incremental Adjusted EBITDA margins.

auto_awesomeAnalysis

Xometry, Inc. delivered robust financial results for the fourth quarter and full year 2025, highlighted by record revenue and significant improvements in Adjusted EBITDA. The company's marketplace segment continues to be a strong growth driver, expanding its active buyer and supplier networks. The positive guidance for 2026, including continued revenue growth and a commitment to at least 20% incremental Adjusted EBITDA margins, signals a clear path towards sustained profitability and operational leverage. This performance, particularly the strong Adjusted EBITDA improvement, indicates effective execution of growth initiatives and a strengthening financial position, which should be viewed positively by investors.