Xometry Inc. Class A Common Stock Q3 2025 Earnings Recap

Xometry reported a record Q3 2025, with a 28% year-over-year increase in revenue to $181 million, driven by a 31% acceleration in marketplace growth and significant market share gains amidst a contracting manufacturing sector.

Key Takeaways

• Marketplace gross margin improved by 210 basis points year-over-year to 35.7%, contributing to a 40% increase in marketplace gross profit.
• The company's expansion into new enterprise solutions, including an auto-quoting feature for injection molding, enhances customer engagement and operational efficiency.
• Xometry's active supplier network grew to over 4,500, supporting supply chain resilience and agility through diversified sourcing options.
• The firm is raising its full-year marketplace growth outlook, reflecting strong momentum heading into Q4 2025.