Xometry raises minimum 2026 revenue growth outlook to 37% after quarterly profit of $1.9 million
Key Facts
Xometry reported net income attributable to common stockholders of $1.9 million in the third quarter of 2026, compared with a net loss of $11.6 million in the same period a year earlier, and raised its full-year revenue growth outlook to at least 37%. The company said in its earnings release that its previous forecast was 33% to 34%, and that the revision is based on expected growth of about 41% in marketplace revenue. Adjusted earnings before interest, taxes, depreciation and amortization are forecast at $68 to $68.5 million for fiscal 2026, versus $18.5 million in 2025. The new guidance combines faster revenue growth with improved adjusted profitability, while the GAAP net result turned to a profit. The chief executive said the company surpassed a $1 billion annual revenue run rate in the third quarter.
Fourth-quarter guidance points to continued revenue growth, with Xometry expecting $254 to $256 million, up 32% to 33% year over year. The expected expansion is attributed to marketplace growth of about 35% to 36%, according to the company. Xometry also expects adjusted earnings before interest, taxes, depreciation and amortization of $22 to $22.5 million in the quarter, compared with $8.4 million in the fourth quarter of 2025. The figures place the coming quarter on the improvement trajectory the company expects for the full year, with revenue and adjusted earnings growing at different rates. These figures remain forward-looking guidance from the company, not reported results.
On its customer base, active buyers on the marketplace rose to 93,812 as of September 30, 2026, from 78,282 on the same date a year earlier, a 20% annual increase. The company recorded a record net addition of 4,255 buyers in the third quarter. Management attributed the additions to its product-led growth strategy, improvements to its AI models and effective marketing, including personalized pricing initiatives. The company said growth initiatives drove quarterly results to record levels and marketplace growth reached 43% year over year. The chief executive linked the performance to surpassing a $1 billion annual revenue run rate and increased engagement from larger companies and spending by bigger accounts.
Xometry had $505 million in cash and marketable securities on September 30, 2026, according to its earnings release. This liquidity provides financial context for the company's plans to expand its online marketplace and improve its digital tools, as it continues to target marketplace growth outpacing overall revenue growth. The forecast of about 41% marketplace growth in 2026 points to the role management expects the marketplace business to play in lifting revenue, while the release does not specify a separate contribution from each initiative. Management cited improvements to its AI models and personalized pricing among the factors supporting buyer additions. The annual revenue run rate also exceeded $1 billion in the third quarter, according to the chief executive.
On partnerships, Xometry signed an agreement with Siemens Industry Software on May 6, 2026, to integrate its marketplace capabilities directly into Siemens' industrial software ecosystem, according to its quarterly report filed with the U.S. Securities and Exchange Commission. The disclosure says certain exclusivity terms remain in effect for up to seven years from the agreement's effective date. Siemens said the partnership includes an approximately $50 million minority investment in Xometry and integrates manufacturing, pricing and sourcing information into Siemens Xcelerator. Xometry's chief executive said the first Designcenter integration pilot is scheduled for the first quarter of 2027, with further releases to follow during the year. The integration therefore represents a future path to expanding the marketplace's presence within Siemens' industrial software, while the pilot launch is the next announced milestone.
In trading on November 5, 2026, Xometry shares, ticker XMTR, closed at $109.01, according to EL7 data. This followed the third-quarter results and updated 2026 outlook, but the closing price cited here alone does not establish the direction of the market's response to the results. No reliable figure is available among the confirmed facts for Siemens shares, ticker SIEGY, at the close of the same session. Xometry's next announced operating milestones are its fourth-quarter results, followed by the start of the Siemens integration pilot in the first quarter of 2027.