| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 16 | — | 17.3x | Bottom tier | |
Growth | 89 | 33.7% | 7.1% | Top tier | |
Quality | 32 | -4.1% | 4.4% | Bottom tier | |
Safety | 56 | — | 2.6x | Around median | |
Capital Return | 14 | 0.00% | 0.06% | Bottom tier | |
Momentum | 88 | 107.1% | -1.7% | Top tier | |
Sentiment | 36 | 5 | 3 | Bottom tier |
10-year US Treasury yield 5.00% as of 2026-10-23. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Xometry operates an AI-powered digital marketplace for on-demand manufacturing, connecting buyers with a network of more than 5,000 active suppliers across 50 countries. The company generates most of its revenue from the manufacturing marketplace, which prices jobs and routes them to suppliers based on engineering data, manufacturability, certifications, supplier capabilities, and production outcomes; it also generates services revenue through Thomas from advertising, digital marketing, and access to a network of more than 500,000 industrial suppliers.
In Q2 FY2026, revenue according to EDGAR data was approximately $229.3 million, representing company-reported year-over-year growth of 41%, while gross profit was $87.2 million and net loss was $5.3 million. According to details from the call, the manufacturing marketplace accounted for $215 million of revenue versus $13.9 million from services, meaning the marketplace represented approximately 94% of the mix, and its revenue grew 45% year over year, while its gross margin remained stable at 34.7% compared with the previous quarter.
Adjusted operating profitability improved in Q2 FY2026, as adjusted EBITDA rose to $14.1 million from $3.9 million in the comparable period, and its margin expanded to 6.2% from 2.4%. However, the company remained unprofitable on a GAAP net income basis; it recorded a net loss of $30.8 million during the twelve months ended in 2026, compared with a loss of $61.7 million in FY2025.
The analyst consensus is “Buy,” with an average price target of $104.67 and a narrow range of $100 to $110. The average target is only approximately 1.3% below the 52-week range high of $106.08, while the annual range extends to a low of $35.86, highlighting the stock's substantial volatility. There is no positive price-to-earnings ratio because the net loss persists, so the valuation relies more heavily on expected revenue growth of 33%–34% in FY2026 and the path toward adjusted profitability, while GAAP losses and the expected growth slowdown in Q3 FY2026 remain countervailing factors.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
Revenue grew 41% year over year to approximately $229 million, and manufacturing marketplace revenue increased 45% to $215 million. The number of active buyers increased 20% to 89,557, and revenue per active buyer rose 21% as the company captured a larger share of customer spending. The platform also added 3,976 net active buyers and 175 new accounts with spending exceeding $50,000 during the last 12 months.
Xometry uses interconnected models for pricing, determining manufacturability, selecting suppliers, and recommending production processes. In Q2 FY2026, it launched a model that improved CNC job cost prediction accuracy by approximately 15%, alongside an adaptive sourcing model that matches jobs with machine capabilities and quality and delivery records. Buyer acceptance of AI-powered process recommendations also exceeded 85%, with the largest gains among customers using the platform for the first time.
Xometry and Siemens are working to integrate manufacturability and pricing information directly into Siemens Design Center. This step aims to connect design intent with actual production and reduce friction when ordering on-demand manufactured parts. Management did not include an operating contribution from the partnership in FY2026 results, but it expects its positive impact to begin in FY2027.
Automated analysis for informational purposes only — not investment advice.
The company generated adjusted EBITDA of $14.1 million and a margin of 6.2% in Q2 FY2026, compared with $3.9 million and a margin of 2.4% in the comparable period. However, it recorded a GAAP net loss of $5.3 million in the quarter and a loss of $30.8 million during the twelve months ended in 2026. Management expects adjusted EBITDA between $60 million and $62 million for FY2026, without providing GAAP net income guidance.
The company expects revenue between $234 million and $236 million in Q3 FY2026, representing year-over-year growth of 30%–31%. It also expects marketplace revenue growth of approximately 33% and adjusted EBITDA between $16 million and $17 million in that quarter. For FY2026, it raised its revenue growth outlook to 33%–34%, with manufacturing marketplace growth of approximately 37%.
The GAAP loss remains the most prominent risk, as the net loss reached $30.8 million during the twelve months ended in 2026, and there is no positive price-to-earnings ratio. The company also expects revenue growth to slow to 30%–31% in Q3 FY2026 after 41% growth in Q2, while the international segment continues to record an adjusted loss of $3.3 million. Expanding the marketplace margin from 34.7% to the target range of 35%–40% depends on continued improvements in pricing and matching models and operating efficiency.