Xometry reports strong Q4 revenue as marketplace grows

Xometry reported record revenue in its fiscal Q4 2025 as its online marketplace for custom manufacturing continued to add enterprise customers and expand its network of buyers and suppliers.

The North Bethesda, Maryland-based company said fourth-quarter 2025 revenue rose 30% from a year earlier to $192.4 million, up from $148.5 million. For its full-year fiscal 2025, Xometry revenue increased 26% to $686.6 million, compared with $545.5 million in 2024.

“Q4 was another record quarter, capping a transformative year for Xometry as enterprise customers rapidly adopted our supply chain solutions,” CEO Randy Altschuler said.

Gross profit in the fourth quarter increased 27% to $75.2 million, compared with $59.0 million in the same period a year earlier.

The company reported a net loss of $8.6 million for the quarter, or 17 cents per share, compared with a loss of $9.9 million, or 20 cents per share, a year earlier.

Xometry also announced a leadership transition, with Altschuler planning to step down from the CEO role.

How Xometry grew revenue in Q4 2025

In Q4, Xometry marketplace revenue grew 33% year over year to $178.5 million, up from $134.5 million. The profit generated by marketplace activity rose 36% to $63.0 million.

Services revenue declined slightly, falling 1% to $13.9 million from $14.0 million a year earlier.

Xometry said the number of active buyers using its marketplace increased 20% year over year to 81,821 as of Dec. 31, 2025. Accounts spending at least $50,000 annually on the platform rose 18% to 1,760.

For the full year, gross profit increased 25% to $268.8 million, compared with $215.6 million in 2024.

Xometry reported a net loss of $61.7 million for 2025, compared with a loss of $50.4 million the year before. The company said the 2025 figure included a one-time charge related to refinancing its debt.

Xometry marketplace revenue in 2025 rose 30% to $629.6 million, up from $485.9 million in 2024. Profits from marketplace activity increased 34% to $218.3 million.

Services revenue declined 4% year over year to $57.0 million, compared with $59.6 million in 2024.

Xometry ended the year with $219 million in cash and investments.

For the first quarter of 2026, Xometry said it expects revenue of $187 million to $189 million, representing growth of about 25% from the same period a year earlier.

For the full year, the company said it expects revenue to increase by at least 21%, driven primarily by continued growth in its marketplace business.

Percentages may not align due to rounding. Check back for more earnings reports. Here’s last quarter’s update on Xometry sales and revenue.