Xometry Reports Record Third Quarter 2026 Results
Key Highlights
- ➤Q3 revenue $252 million, up 40% year-over-year to a record
- ➤Marketplace revenue $238 million, up 43% year-over-year
- ➤Adjusted EBITDA $21.4 million, improving $15.3 million year-over-year
- ➤Full-year revenue growth outlook raised to at least 37%
- ➤Q4 revenue guidance $254-$256 million, with Adjusted EBITDA $22-$22.5 million
Expert Statements
Sanjeev Singh Sahni, CEO at Xometry
“Our key growth initiatives drove record results in the third quarter, with marketplace growth of 43% year-over-year, as we surpassed the $1 billion revenue run rate. We further improved our marketplace experience and continue to deepen enterprise engagement, driving record net buyer additions and increasing wallet share in larger accounts”
Sanjeev Singh Sahni, CEO at Xometry
“We continue to strengthen Xometry’s position as the infrastructure layer for custom manufacturing, enabling us to rapidly scale online adoption and accelerate market share gains.”
James Miln, CFO at Xometry
“Our record-setting Q3 performance demonstrates the compounding growth and operational efficiency of our marketplace, delivering both strong revenue expansion and margin improvement”
James Miln, CFO at Xometry
“Revenue growth remained robust at the 40% level for the second quarter in a row, alongside record marketplace gross margin of 36.0%. This durable top line growth was paired with yet another quarter of improved Adjusted EBITDA profit margin, up 510 basis points year-over-year to 8.5%.”
* Q3 revenue increased 40% year-over-year to a record $252 million, driven by robust marketplace growth. * Q3 marketplace revenue increased 43% year-over-year, driven by expanding networks of buyers and suppliers and increasing wallet share. * Q3 gross profit increased 37% year-over-year to a record $98.7 million, driven by strong marketplace growth. Record Q3 marketplace gross margin of 36.0%, an increase of 30 bps year-over-year. * Q3 Adjusted EBITDA improved $15.3 million year-over-year to Adjusted EBITDA of $21.4 million, driven by strong marketplace gross profit growth and significant operating expense leverage. * Strong operating results were driven by consistent execution across growth initiatives: establishing Xometry as the infrastructure for custom manufacturing, improving AI-native marketplace experiences, expanding buyer and supplier networks, deepening enterprise engagement and leveraging services opportunities. NORTH BETHESDA, Md., Nov. 03, 2026 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ: XMTR), the global AI-native marketplace connecting buyers and suppliers of custom manufacturing, today announced its financial results for the third quarter ended September 30, 2026.
Get started
Create a free account to read the full story.