Xometry Reports First GAAP Profitability and $1 Billion Annual Revenue Run Rate in Q3 2026
Xometry (XMTR) reported a landmark third quarter for 2026, achieving its first quarter of profitability under GAAP standards. The company reached a significant milestone with an annual revenue run rate of $1 billion, driven by a 43% year-over-year increase in marketplace revenue to $238 million. This growth is supported by a widening digital shift in the custom manufacturing sector, where Xometry's AI-driven platform is capturing market share from traditional offline processes. Key drivers of this performance include a 20% increase in active buyers and strong expansion within enterprise accounts, with high-spending customers (over $50,000 annually) growing by 26%. Looking forward, Xometry aims to deepen its technological moat through native software integrations with Siemens Designcenter, which is expected to drive new customer adoption starting in early 2027.
Tickers: $XMTR
Topics: AI marketplace earnings marketplace revenue profitability revenue growth
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