Xometry Reports Fourth Quarter and Full Year 2024 Results

Q4 revenue increased 16% year-over-year to a record $149 million driven by marketplace growth of 20$59.0 million.Q4 marketplace gross profit increased 32% year-over-year driven by our AI technology and expanding supplier network. Q4 marketplace gross margin increased 320 basis points year-over-year to a record 34.5%.Q4 Adjusted EBITDA improved $3.9 million year-over-year to a profit of$1.0 million.Growth initiatives include: expandi ...