Xometry, Inc.
XMTR Nasdaq Services-Business Services, Nec Financials FY2019βFY2025
What Xometry, Inc. does
No business description yet.
- Legal name
- Xometry, Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K Β· Feb 24, 2026
- Accession Β· CIK
- 0001193125-26-066959
0001657573
Revenue and margins
Xometry, Inc. had $687M of revenue in fiscal 2025, up 25.9% on the year before.
Net income and earnings per share
Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was β$24.1M in fiscal 2025, β3.5% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Xometry, Inc. returned $8.1M to shareholders in fiscal 2025. The diluted share count rose 0.0%.
Balance sheet
Cash, debt and the ratios that show how comfortably Xometry, Inc. can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $117M | $319M | $269M | $240M | $219M |
| Interest coverage | β68.9x | β17.4x | β15.4x | β11.8x | β9.3x |
| Current ratio | 2.9x | 6.0x | 4.3x | 4.4x | 3.8x |
| Quick ratio | 2.8x | 6.0x | 4.2x | 4.3x | 3.7x |
| Total assets | $503M | $734M | $707M | $680M | $704M |
| Total liabilities | $77.1M | $362M | $377M | $365M | $427M |
| Shareholders' equity | $424M | $371M | $329M | $314M | $276M |
| Net debt (β = net cash) | β | β | β | β | β |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
| Test | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β |
| F-score | β / 3 | β / 5 | 3 / 8 | 5 / 8 | 4 / 8 | 5 / 8 | 3 / 7 |
| Accruals ratio | β | β10.2% | 2.4% | β2.7% | β5.2% | β5.0% | β9.8% |
| Altman Z'' | β | β6.37 | 5.26 | 2.14 | 1.28 | 1.01 | 0.53 |
7 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | $80.2M | $141M | $218M | $381M | $463M | $546M | $687M |
| Gross profit | $14.7M | $33.3M | $57.1M | $146M | $178M | $216M | $269M |
| Research and development | $10.6M | $12.2M | $17.8M | $31.0M | $34.5M | $39.3M | $46.8M |
| Operating income | β$30.5M | β$29.2M | β$58.7M | β$77.1M | β$73.6M | β$56.1M | β$45.5M |
| Interest expense | $0.2M | $1.1M | $0.9M | $4.4M | $4.8M | $4.8M | $4.9M |
| Pretax income | β | β$31.1M | β$61.4M | β$79.0M | β$67.8M | β$50.4M | β$61.2M |
| Income tax | β | β | β | $0.0M | β$0.4M | β$0.0M | $0.6M |
| Net income | β$31.0M | β$31.1M | β$61.4M | β$79.1M | β$67.5M | β$50.4M | β$61.7M |
| Net income to common | β$31.0M | β$39.9M | β$61.4M | β$79.1M | β$67.5M | β$50.4M | β$61.7M |
| Diluted EPS | β$4.88 | β$5.32 | β$2.33 | β$1.68 | β$1.41 | β$1.03 | β |
| Diluted shares | 0.01B | 0.01B | 0.03B | 0.05B | 0.05B | 0.05B | β |
| Cash flow | |||||||
| Cash from operations | β$27.1M | β$22.0M | β$68.6M | β$62.6M | β$29.9M | β$15.4M | $6.1M |
| Capital expenditure | $2.7M | $4.2M | $6.3M | $13.7M | $18.5M | $18.1M | $30.2M |
| Free cash flow | β$29.8M | β$26.2M | β$74.8M | β$76.2M | β$48.4M | β$33.5M | β$24.1M |
| Depreciation and amortization | $1.8M | $3.1M | $3.6M | $7.8M | $10.7M | $13.0M | $18.8M |
| Stock-based compensation | $0.5M | $1.0M | $7.4M | $19.2M | $22.1M | $29.3M | $36.4M |
| Acquisitions | $1.4M | β | $175M | β | $3.3M | $0.0M | $0.0M |
| Share buybacks | β | β | β | β | $0.0M | $0.0M | $8.1M |
| Dividends and buybacks | β | β | β | β | $0.0M | $0.0M | $8.1M |
| Balance sheet | |||||||
| Cash and short-term investments | β | $59.9M | $117M | $319M | $269M | $240M | $219M |
| Total debt | β | $15.8M | β | β | β | β | β |
| Finance lease liabilities | β | β | $0.0M | β | β | β | β |
| Current assets | β | $77.7M | $163M | $387M | $356M | $328M | $335M |
| Current liabilities | β | $38.4M | $57.0M | $64.0M | $83.2M | $74.8M | $88.9M |
| Inventory | β | $2.3M | $2.0M | $1.6M | $2.9M | $3.9M | $3.9M |
| Property and equipment, net | β | $6.1M | $10.3M | $19.1M | $35.6M | $44.8M | $60.6M |
| Goodwill | $2.2M | $0.8M | $255M | $258M | $263M | $263M | $264M |
| Intangible assets | β | $1.7M | $41.7M | $39.4M | $35.8M | $32.1M | $28.6M |
| Total assets | β | $89.0M | $503M | $734M | $707M | $680M | $704M |
| Total liabilities | β | $39.5M | $77.1M | $362M | $377M | $365M | $427M |
| Shareholders' equity | β$73.1M | β$111M | $424M | $371M | $329M | $314M | $276M |
| Margins | |||||||
| Gross margin | 18.4% | 23.5% | 26.2% | 38.3% | 38.5% | 39.5% | 39.1% |
| Operating margin | β38.1% | β20.7% | β26.9% | β20.2% | β15.9% | β10.3% | β6.6% |
| EBITDA margin | β35.8% | β18.5% | β25.2% | β18.2% | β13.6% | β7.9% | β3.9% |
| Net margin | β38.6% | β22.0% | β28.1% | β20.8% | β14.6% | β9.2% | β9.0% |
| FCF margin | β37.2% | β18.6% | β34.3% | β20.0% | β10.4% | β6.1% | β3.5% |
| Returns | |||||||
| Return on capital employed | β | β57.8% | β13.2% | β11.5% | β11.8% | β9.3% | β7.4% |
| Return on equity | β | β | β39.2% | β19.9% | β19.3% | β15.7% | β20.9% |
| Return on assets | β | β34.9% | β20.8% | β12.8% | β9.4% | β7.3% | β8.9% |
| Return on tangible equity | β | β | β47.9% | β107.8% | β220.4% | β256.8% | β |
| Growth | |||||||
| Revenue growth | β | 76.3% | 54.4% | 74.5% | 21.7% | 17.7% | 25.9% |
| Share count change | β | 18.1% | 251.2% | 79.2% | 1.6% | 2.4% | β |
| Financial health | |||||||
| Interest coverage | β126.8x | β26.8x | β68.9x | β17.4x | β15.4x | β11.8x | β9.3x |
| Current ratio | β | 2.0x | 2.9x | 6.0x | 4.3x | 4.4x | 3.8x |
| Quick ratio | β | 2.0x | 2.8x | 6.0x | 4.2x | 4.3x | 3.7x |
| Capital allocation | |||||||
| Capex / revenue | 3.4% | 3.0% | 2.9% | 3.6% | 4.0% | 3.3% | 4.4% |
| Stock comp / revenue | 0.7% | 0.7% | 3.4% | 5.0% | 4.8% | 5.4% | 5.3% |
| Quality scores | |||||||
| Piotroski F-score | β | β | 3.0 | 5.0 | 4.0 | 5.0 | 3.0 |
| Altman Z'' | β | β6.4 | 5.3 | 2.1 | 1.3 | 1.0 | 0.5 |
| Accruals ratio | β | β10.2% | 2.4% | β2.7% | β5.2% | β5.0% | β9.8% |
Source: SEC EDGAR XBRL filings (CIK 0001657573). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.