Xometry Reports Strong Q1 Results with Significant Profitability Turnaround and $50M Strategic Investment from Siemens
XMTR has more than doubled off its 52-week low of $29.6 on elevated volume (4.3× avg).
Summary
Xometry, Inc. reported robust first-quarter 2026 financial results, demonstrating substantial revenue growth and a significant improvement in profitability, alongside a strategic $50 million private placement from Siemens.
Key Events · Earnings and Guidance · XMTR
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Strong Q1 2026 Financial Performance
Revenue increased 36% year-over-year to $205.1 million. Adjusted EBITDA significantly improved to $10.5 million, up from $0.1 million in Q1 2025.
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Reduced Net Loss
Net loss decreased substantially to $5.3 million, down from $15.1 million in the prior year period.
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Operational Growth
Active buyers grew by 20% to 85,581, and accounts with over $50,000 in last twelve-month spend increased by 21% to 1,864.
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Strategic Private Placement from Siemens
Siemens GmbH invested $50 million in Xometry's Class A common stock, purchasing 1,049,759 shares at $47.63 per share. This transaction, part of a Collaboration Agreement, represents a 1.99% dilution to existing shareholders.
Analysis · XMTR · Trade & Services
Xometry's Q1 2026 performance demonstrates a robust operational turnaround, with revenue increasing by 36% and Adjusted EBITDA soaring from near break-even to $10.5 million. This significant improvement in profitability, coupled with healthy growth in active buyers and high-value accounts, indicates a strong positive trajectory for the company. The $50 million private placement from Siemens, priced at $47.63 per share based on a 20-day volume-weighted average price, is a strategic investment that strengthens the company's balance sheet and potentially opens new collaboration opportunities, despite being below the current market price of $78.7. Investors should view these results as a strong signal of the company's execution and market position.
At the time of this filing, XMTR was trading at $78.70 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $4.1B. The 52-week trading range was $29.60 to $82.11. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.