Xometry Q2 Earnings Call Highlights
Xometry NASDAQ: XMTR reported record second-quarter results as marketplace revenue growth accelerated and adjusted EBITDA increased, prompting the company to raise its full-year revenue and profitability outlook.
Xometry, Inc. manages a global digital marketplace designed to streamline the sourcing of custom manufactured components and assemblies. The company's extensive service ...
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Est. EPS $0.19 · Revenue $235.52M · 6 analysts
Est. EPS $0.24 · Revenue $247.82M · 6 analysts
Est. EPS $0.70 · Revenue $914.29M · 7 analysts
Est. EPS $0.24 · Revenue $253.60M · 2 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $686.6M | +25.9% | +11.8% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-61.8M | -22.5% | -0.9% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +39.1% | -1.0% | -0.7% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -6.6% | +35.6% | +4.7% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -9.0% | +2.7% | +9.7% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $-24.1M | +28.0% | -345.1% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | -3.5% | +42.8% | -319.3% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 126.7% | +35.0% | -52.6% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 3.76x | -14.1% | +80.4% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $703.7M | +3.5% | +42.9% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -1.22 vs 0.33 | -466.7% | -0.10 vs 0.19 | -153.7% |
| Revenue Surprise | $686.6M vs $677.7M | +1.3% | $229.3M vs $235.5M | -2.6% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Sep 1, 2026 | Altschuler Randolph | director | Class A Common Stock | D | 4,607 | $90.47 |
| Sep 1, 2026 | Altschuler Randolph | director | Class A Common Stock | D | 4,912 | $91.03 |
| Sep 1, 2026 | Altschuler Randolph | director | Class A Common Stock | D | 481 | $92.09 |
| Aug 31, 2026 | Weymouth Katharine | director | Class A Common Stock | A | 5,000 | $4.46 |
| Aug 31, 2026 | Weymouth Katharine | director | Class A Common Stock | D | 5,000 | $95.23 |
Operator: Good day, and thank you for standing by. Welcome to Xometry's Q2 2026 Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Shawn Milne, Vice President of Investor Relations. Please go ahead. Shawn Milne: Good morning, and thank you for joining us on Xometry's Q2 2026 earnings call. Joining me are Sanjeev Singh Sahni, our Chief Executive Officer; and James Miln, our Chief Financial Officer. During today's call, we will review our financial results for the second quarter of 2026 and discuss our guidance for the third quarter and full year 2026. During today's call, we will make forward-looking statements, including statements related to the expected performance of our business, future financial results, strategy, long-term growth and overall future prospects. Such statements may be identified by terms such as believe, expect, intend and may. These statements are subject to risks and uncertainties, which could cause them to differ materially from actual results. Information concerning those risks is available in our earnings press release distributed before the market opened today and in our filings with the U.S. Securities and Exchange Commission, including our Form 10-Q for the quarter ended June 30, 2026. We caution you to not place undue reliance on forward-looking statements and undertake no duty or obligation to update any forward-looking statements as a result of new information, future events or changes in our expectations. We'd also like to point out that on today's call, we will report GAAP and non-GAAP results. We use these non-GAAP financial measures internally for financial and operating decision-making purposes and as a means to evaluate period-to-period comparisons. Non-GAAP financial measures are presented in addition to and not as a substitute or superior to measures of financial performance prepared in accordance with U.S. GAAP. To see the reconciliation of these non-GAAP measures, please refer to our earnings press release distributed today and our investor presentation, both of which are available on the Investors section of our website at investors.xometry.com. A replay of today's call will also be posted on our website. With that, I'd like to turn the call over to Sanjeev. Sanjeev Sahni: Thanks, Shawn. Good morning, and thank you for joining our Q2 earnings call. Our accelerating growth and record Q2 results demonstrate the growing strength of our AI-native marketplace. Q2 was a record quarter for Xometry across many fronts, including revenue, gross profit and adjusted EBITDA. Q2 revenue increased 41% year-over-year to a record $229 million. Marketplace revenue growth accelerated to 45% year-over-year, driven by broad-based strength across many verticals, improving conversion rates, increasing adoption by new buyers and growing wallet share of existing buyers. We continued to see strong enterprise …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Randolph Brody Altschuler | Co-Founder & Executive Chair | USD 1,124,493 | Male | 1971 | Active |
Subir Dutt | Chief Sales Officer | USD 952,030 | Male | 1964 | Active |
Sanjeev Singh Sahni | President, CEO & Director | USD 874,385 | Male | 1976 | Active |
James Miln | Chief Financial Officer & Principal Accounting Officer | USD 816,335 | Male | 1974 | Active |
Vaidyanathan Raghavan | Chief Technology Officer | USD 599,613 | Male | 1982 | Active |
Stephany Verstraete | Chief Marketing Officer | — | Female | 1969 | Active |
Dmitry Kafidov | Managing Director of Xometry Europe | — | Male | — | Active |
Shawn Christopher Milne | Vice President of Investor Relations | — | Male | — | Active |
Kimberley Hirsch | Chief Human Resources Officer | — | Female | — | Active |
Kristie Scott | Secretary & General Counsel | — | Female | — | Active |
Xometry NASDAQ: XMTR reported record second-quarter results as marketplace revenue growth accelerated and adjusted EBITDA increased, prompting the company to raise its full-year revenue and profitability outlook.
Xometry, Inc. (XMTR) Q2 2026 Earnings Call Transcript
Xometry (XMTR) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.09 per share a year ago.
NORTH BETHESDA, Md., Aug. 04, 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 second quarter ended June 30, 2026.
Xometry (XMTR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.