Xometry Inc. Class A Common Stock Q1 2026 Earnings Recap

Xometry's shares gained 1.9% following Q1 results that showed continued growth acceleration and improving margins, though the market reaction suggests the quarter met expectations without significant upside or downside surprises.

Key Takeaways

• Revenue growth accelerated to 36% year-over-year, a 600 basis point improvement from Q4, driven largely by 40% growth in the Marketplace segment.
• Adjusted EBITDA rose to $10.5 million, up $10.4 million year-over-year, reflecting expanding margins alongside faster growth.
• Active buyers increased 20% year-over-year, supporting broad-based marketplace strength and ongoing customer expansion.
• Announced a $50 million investment from Siemens as part of a strategic partnership to integrate Xometry’s AI capabilities into Siemens’ design ecosystem, enhancing upstream market penetration.
• Management remains confident in continued robust growth throughout 2026, with a sustained focus on embedding AI-driven intelligence to streamline manufacturing procurement workflows.