Table of Contents 32-0415449 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-40546 XOMETRY, INC. (Exact Name of Registrant as Specified in its Charter) Del ...

Xometry (XMTR) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Good day, and thank you for standing by. Welcome to the Xometry q one twenty twenty five earnings call. At this time, all participants are in a listen only mode. After the presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. You'll then hear an automated message advising that your hand is raised. Please limit yourself to one question per person. Plea ...

Leading the Future of Manufacturing Q1 2025 Earnings Presentation May 6, 2025 © 2025 Xometry and/or its affiliates. All rights reserved. Proprietary. Safe Harbor This presentation contains forward-looking statements. All statements other than statements of historical facts contained in this presentation, including statements regarding the Company's future results of operations, financial position and cash flows, expectations regarding its growth and margin expansion, including in international markets, abil ...

Financial Performance - Q1 2025 revenue increased 23% year-over-year to a record $151 million, driven by robust marketplace growth[5] - Q1 marketplace revenue increased 27% year-over-year to $136 million, with a 700 basis point acceleration from Q4 2024[6] - Revenue for Q1 2025 was $150.971 million, a 22.9% increase from $122.690 million in Q1 2024[38] - U.S. segment revenue increased to $127.820 million in Q1 2025, up from $103.363 million in Q1 2024, representing a 23.7% growth[48] - International segment revenue rose to $23.151 million in Q1 2025, compared to $19.327 million in Q1 2024, marking a 19.5% increase[48] Profitability Metrics - Q1 Adjusted EBITDA improved by $7.5 million year-over-year, reaching $0.1 million[5] - Adjusted EBITDA for Q1 2025 was $78 thousand, compared to a loss of $7.459 million in Q1 2024[48] - Non-GAAP net income for Q1 2025 was $0.8 million, compared to a Non-GAAP net loss of $5.7 million in Q1 2024[6] - Non-GAAP net income for Q1 2025 was $828 thousand, an improvement from a loss of $5.742 million in Q1 2024[46] - Basic and diluted GAAP EPS for Q1 2025 was $(0.30), an improvement from $(0.34) in Q1 2024[46] - Non-GAAP EPS for Q1 2025 was $0.02, compared to $(0.12) in Q1 2024[46] Expenses and Losses - Operating expenses for Q1 2025 totaled $71.722 million, an increase from $65.759 million in Q1 2024[38] - Net loss attributable to common stockholders for Q1 2025 was $15.078 million, an improvement from a net loss of $16.616 million in Q1 2024[38] - The company reported a comprehensive loss of $13.545 million for Q1 2025, compared to a comprehensive loss of $17.090 million in Q1 2024[38] - Total stock-based compensation expense and payroll taxes related to stock-based compensation amounted to $8.815 million in Q1 2025, up from $6.036 million in Q1 2024[50] - Restructuring charges for Q1 2025 totaled $1.461 million, with no charges reported in Q1 2024[50] Balance Sheet Highlights - Cash, cash equivalents, and marketable securities totaled $231 million as of March 31, 2025[6] - Total current assets increased to $334.618 million as of March 31, 2025, up from $327.540 million as of December 31, 2024[35] - Total liabilities rose to $379.077 million as of March 31, 2025, compared to $364.533 million as of December 31, 2024[35] - Cash and cash equivalents decreased to $15.507 million at the end of Q1 2025, down from $22.232 million at the end of Q4 2024[40] Future Outlook - For Q2 2025, revenue is expected to be between $155 million and $157 million, representing 17-18% growth year-over-year[17] - The company raised its marketplace growth outlook for FY 2025 from at least 20% to at least 22%[17] - The company plans to provide guidance for Q2 2025 and the full year 2025 during the upcoming conference call[32] Marketplace Activity - Marketplace Active Buyers increased 22% from 58,504 to 71,454 year-over-year[11] - Supplier services revenue for Q1 2025 was $14.6 million, a decrease of 6% year-over-year[6] Certifications and Achievements - The company achieved Cybersecurity Maturity Model Certification (CMMC Level 2), enhancing its position in the aerospace and defense industries[10]

Core Insights - Xometry, Inc. reported strong financial results for Q1 2025, with a record revenue of $151 million, representing a 23% year-over-year increase, driven by robust marketplace growth [5][7] - The company achieved a significant improvement in Adjusted EBITDA, which reached $0.1 million, reflecting a $7.5 million year-over-year improvement [5][6] - Xometry's marketplace revenue grew by 27% year-over-year to $136 million, indicating a 700 basis point acceleration from Q4 2024, primarily due to strong U.S. enterprise growth [5][6] Financial Highlights - Q1 2025 revenue was $150.971 million, up from $122.690 million in Q1 2024, marking a 23% increase [7] - Gross profit for Q1 2025 increased by 18% year-over-year to $56.331 million [7] - The net loss attributable to common stockholders decreased to $15.078 million from $16.616 million year-over-year, a 9% improvement [7] - Non-GAAP net income for Q1 2025 was $0.828 million, compared to a non-GAAP net loss of $5.742 million in Q1 2024 [6][7] Business Highlights - Active Buyers increased by 22% year-over-year, from 58,504 as of March 31, 2024, to 71,454 as of March 31, 2025 [6][8] - The number of Marketplace Accounts with Last Twelve-Months Spend of at least $50,000 rose by 12%, from 1,381 to 1,545 [6][8] - Supplier services revenue for Q1 2025 was $14.618 million, a decrease of 6% year-over-year [6][7] Growth Initiatives - Xometry plans to expand its buyer and supplier networks, deepen enterprise engagement, and enhance supplier services as part of its growth initiatives for 2025 [5][6] - The company launched Instant Quoting for Injection Molding in the EU, improving sourcing options for customers [6] - Xometry achieved Cybersecurity Maturity Model Certification (CMMC Level 2), reinforcing its position as a trusted partner in the aerospace and defense industries [6] Financial Guidance - For Q2 2025, Xometry expects revenue between $155 million and $157 million, representing a year-over-year growth of 17-18% [10][14] - The company anticipates Adjusted EBITDA of approximately $1.0-2.0 million for Q2 2025, an improvement from a loss of $2.6 million in Q2 2024 [14] - For the full year 2025, Xometry raised its marketplace growth outlook to at least 22% and expects supplier services revenue to decline by approximately 5% year-over-year [14]

Core Viewpoint - Xometry, Inc. will report its first quarter 2025 financial results on May 6, 2025, before the market opens, highlighting its ongoing commitment to transparency and investor communication [1][2]. Company Overview - Xometry operates an AI-powered marketplace that is digitizing the manufacturing industry and enhancing supply chain resiliency [5]. - The company provides critical resources for manufacturers and facilitates instant pricing and lead times for buyers, contributing to the creation of locally resilient supply chains [5]. - Xometry's Instant Quoting Engine® utilizes extensive data to analyze complex parts in real time, connecting buyers with suitable suppliers globally [5]. Upcoming Events - A conference call and webcast will be held on May 6, 2025, at 8:30 a.m. Eastern Time to discuss the financial results [2][6]. - An earnings presentation will accompany the press release and will be accessible on Xometry's investor website [2][4].

Xometry, Inc. (NASDAQ: XMTR ) is an industrial manufacturing platform that ties together small to large manufacturers and their customers to offer a more flexible marketplace. Originally, an organization that optimized small-scale batch manufacturingHello, I am an individual investor with an interest in bringing diversification of viewpoints to stock analysis and investing. This brings to point the Japanese proverb 他山之石 -ta-zan-no-ishi- which translates to "another-mountain's-rock" and denotes the importanc ...

From Local Shops to Global Reach: Xometry Helps Manufacturers Thrive And Grow, Reaching New Customers, Reinvesting In Their Business And Attracting Top TalentThe Company’s Annual “Excellence In Manufacturing” Awards Honors U.S. Manufacturers Who Deliver Exceptional QualityWisconsin-Based JR Metal Works, A Multi-Year Winner, Describes Xometry As A “Horsepower Multiplier” For His Business NORTH BETHESDA, Md., April 17, 2025 (GLOBE NEWSWIRE) -- Xometry (NASDAQ: XMTR), the global marketplace digitizing manufact ...

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