Filing Flows › Xometry (XMTR) › Q1 2026
Xometry (XMTR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Xometry (XMTR) reported revenue of $205M for the first quarter 2026 (Q1 2026), +36% from a year earlier and +7% from the quarter before. Operating margin was -2.5%, net loss $5.3M (2.6% of revenue).
Xometry, Q1 2026: revenue $205M (+36% year over year), operating margin -2.5%, net loss $5.3M, operating cash flow $14.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $205M | +7% | +36% |
| Operating profit | −$5.2M | — | — |
| Net earnings | −$5.3M | — | — |
| Operating cash flow | $14.6M | +231% | — |
What changed
Revenue was $205.1M in Q1 2026, up 36% year over year and up 7% from the previous quarter. Marketplace Revenue was the largest line at 93% of revenue. Marketplace Revenue added $55.0M year over year (up 40%), 101% of the total change. Supplier Service Revenue declined 5%.
Gross margin was 38.3%, up 0.9 points from Q1 2025. Operating costs exceeded revenue by $5.2M, an operating margin of -2.5%. Operating expenses grew 17% against revenue growth of 36%. The fastest-growing cost line was General & admin (+21%). The quarter ended with a net loss of $5.3M, narrower than the previous quarter's $8.6M loss.
Operating cash flow was $14.6M. Non-cash charges added back $4.9M of depreciation and amortization and $8.3M of share-based compensation. Working capital and other items added $6.6M.
Questions
What was Xometry's revenue in the first quarter 2026?
Xometry (XMTR) reported revenue of $205M for the first quarter 2026 (Q1 2026), +36% from a year earlier and +7% from the quarter before.
Was Xometry profitable in the first quarter 2026?
Operating loss was $5.2M (-2.5% of revenue) and net loss $5.3M.
Source: Xometry 10-Q on SEC EDGAR.