Filing Flows › Xometry (XMTR) › Q3 2026 › vs Q3 2025
Xometry (XMTR) Q3 2026 vs Q3 2025 (year over year)
Xometry's revenue rose $71.7M (+40%) from $181M in Q3 2025 to $252M in Q3 2026. The biggest changes: Marketplace Revenue +$71.4M (+43%); Supplier Service Revenue +$312K (+2%). Gross margin 39.1% against 39.9% (-0.8 pts).
Xometry, Q3 2026: revenue $252M (+40% year over year), operating margin 0.0%, net earnings $1.9M, operating cash flow $7.9M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 39.1% | 39.9% | -0.8 pts |
| Operating margin | 0.0% | -6.1% | +6.1 pts |
| Net margin | 0.8% | -6.4% | +7.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Marketplace Revenue | $238M | $167M | $71.4M | +43% |
| Supplier Service Revenue | $14.4M | $14.1M | $312K | +2% |
| Revenue | $252M | $181M | $71.7M | +40% |
| Gross profit | $98.7M | $72.0M | $26.7M | +37% |
| Cost of revenue | $154M | $109M | $45.1M | +41% |
| Other income, net | $2.6M | −$555K | $3.1M | — |
| Operating profit | $57K | −$11.1M | $11.1M | — |
| Operating expenses | $98.6M | $83.1M | $15.5M | +19% |
| Pre-tax earnings | $2.6M | −$11.6M | $14.3M | — |
| Research & development | $16.1M | $12.5M | $3.6M | +29% |
| Sales & marketing | $35.6M | $32.6M | $2.9M | +9% |
| General & admin | $23.7M | $19.5M | $4.2M | +22% |
| Other operating costs | $23.3M | $18.5M | $4.8M | +26% |
| Net earnings | $1.9M | −$11.6M | $13.5M | — |
| Income tax | $704K | −$17K | $721K | — |
| Operating cash sources | $19.4M | $4.2M | $15.3M | +368% |
| Depreciation & amortization | $6.2M | $5.0M | $1.2M | +24% |
| Share-based compensation | $11.3M | $10.7M | $540K | +5% |
| Working capital & other | $11.5M | −$1.6M | $13.2M | — |
| Operating cash flow | $7.9M | $5.8M | $2.1M | +36% |
Questions
How much did Xometry's revenue grow year over year in Q3 2026?
Xometry's revenue rose $71.7M (+40%) from $181M in Q3 2025 to $252M in Q3 2026.
What drove Xometry's revenue change in Q3 2026?
Marketplace Revenue +$71.4M (+43%); Supplier Service Revenue +$312K (+2%).