Xometry Inc. Reports Robust Q4 2025 and Sets Vision for 2026 Growth
Xometry Inc. (NASDAQ: XMTR), the AI‑enhanced marketplace that connects buyers and suppliers of custom manufacturing, announced a record‑setting fourth quarter and a strong full‑year performance for 2025. Revenue for Q4 rose 30 % year‑over‑year to $192 million, while marketplace revenue accelerated to 33 % due to accelerated enterprise adoption and an expanding network of buyers and suppliers. Gross profit in the quarter increased 27 %, and the company reported a $0.16 non‑GAAP EPS—a $0.04 beat on consensus estimates.
The earnings announcement, released via a GlobeNewswire press release on 24 February, highlighted a 30 % surge in revenue and a profitability milestone that marks the company’s first profitable quarter in its history. Management emphasized that the growth is underpinned by continued momentum in enterprise segments and a widening customer base, driven by the platform’s AI‑powered sourcing capabilities.
Leadership Transition
In a concurrent announcement on 24 February, Xometry disclosed a CEO succession plan. Co‑founder Sanjeev Singh Sahni will assume the role of CEO effective 1 July 2026, while Randy Altschuler will become Executive Chair. This transition follows a period of rapid scale‑up and positions the company to capitalize on its expanding product portfolio and global footprint.
Market Reaction
Despite the positive fundamentals, Xometry’s shares fell 21 % in early Tuesday trading following the earnings release and leadership change. The stock opened at $45.15 on the Nasdaq, down 21.49 % from the previous close. The drop reflects market concern over the company’s current valuation, reflected in a Price‑to‑Earnings ratio of –45.2, and the uncertainty surrounding the transition of executive leadership. Nevertheless, the company’s 52‑week high of $73.87 and a market cap of $2.93 billion illustrate a strong growth trajectory that many analysts view as undervalued.
Forward‑Looking Outlook
On 24 February, Seeking Alpha published an article outlining at least 21 % revenue growth for 2026, citing leadership transition and expanding enterprise adoption as key catalysts. The article also highlights a bullish case theory from Insider Monkey, suggesting that Xometry’s platform is poised to capture significant market share in the on‑demand manufacturing space. The company’s AI‑enhanced marketplace, combined with its global supplier network, positions it well to capture new business in high‑tech, aerospace, and medical sectors.
Key Takeaways
| Metric | 2025 Q4 | 2025 FY | 2026 Outlook |
|---|---|---|---|
| Revenue | $192 M | $750 M+ | +21 % |
| Gross Profit | +27 % YoY | – | – |
| Non‑GAAP EPS | $0.16 | – | – |
| CEO Transition | – | – | Sahni → CEO (Jul 1) |
| Market Cap | $2.93 B | – | – |
| Stock Performance | -21 % | – | – |
Xometry’s 2025 results demonstrate that its business model is now generating sustainable top‑line growth and profitability. The leadership transition, while initially unsettling to the market, signals a maturation of the company’s governance structure. Investors should monitor the company’s ability to execute on its 2026 growth targets and the impact of its enterprise expansion strategy on future profitability.
