Xometry Inc (XMTR) financial statements: income statement, balance sheet and cash flow
Xometry Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Xometry Inc reported revenue of $686.6M (+25.9% year on year) and net income of ($61.7M) (-22.5% year on year).
Income statement
Xometry Inc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Revenue
$686.6M
$545.5M
$463.4M
$381.1M
Cost of revenue
$417.9M
$329.9M
$285.1M
$233.5M
Gross profit
$268.8M
$215.6M
$178.3M
$147.6M
Sales and marketing
$122.7M
$108.4M
$93.7M
$83.2M
Operations and support
$72.4M
$59.0M
$52.4M
$48.6M
Product development
$46.8M
$39.3M
$34.5M
$31.0M
General and administrative
$72.3M
$65.0M
$70.9M
$58.0M
Impairment of assets
$49.0K
$82.0K
$397.0K
$824.0K
Total operating expenses
$314.3M
$271.8M
$251.8M
$221.6M
Loss from operations
($45.5M)
($56.1M)
($73.6M)
($74.1M)
Interest expense
($4.9M)
($4.8M)
($4.8M)
($4.4M)
Interest and dividend income
$8.6M
$10.8M
$11.6M
$4.1M
Other expenses
($19.7M)
($757.0K)
($1.5M)
($2.2M)
Income from unconsolidated joint venture
$404.0K
$452.0K
$446.0K
$570.0K
Total other (expenses) income
($15.6M)
$5.7M
$5.8M
($1.9M)
Loss before income taxes
($61.2M)
($50.4M)
($67.8M)
($76.0M)
(Provision) benefit for income taxes
($589.0K)
$21.0K
$353.0K
($36.0K)
Net loss
($61.7M)
($50.4M)
($67.5M)
($76.0M)
Net (loss) income attributable to noncontrolling interest
($5.0K)
($2.0K)
$7.0K
$16.0K
Net loss attributable to common stockholders
($61.7M)
($50.4M)
($67.5M)
($76.0M)
Net loss per share, basic
-$1.22
-$1.03
-$1.41
-$1.61
Net loss per share, diluted
-$1.22
-$1.03
-$1.41
-$1.61
Weighted-average number of shares outstanding used to compute net loss per share, basic
$50812072.00
$49082722.00
$47914039.00
$47158247.00
Weighted-average number of shares outstanding used to compute net loss per share, diluted
$50812072.00
$49082722.00
$47914039.00
$47158247.00
Foreign currency translation
$5.1M
($1.2M)
$849.0K
($81.0K)
Total other comprehensive income (loss)
$5.1M
($1.2M)
$849.0K
($81.0K)
Comprehensive loss
($56.6M)
($51.6M)
($66.6M)
($76.1M)
Comprehensive (loss) income attributable to noncontrolling interest
($7.0K)
$24.0K
$29.0K
$56.0K
Total comprehensive loss attributable to common stockholders
($56.6M)
($51.6M)
($66.6M)
($76.1M)
Xometry Inc income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Revenue
$229.3M
$205.1M
$180.7M
$162.5M
Cost of revenue
$142.1M
$126.7M
$108.7M
$97.4M
Gross profit
$87.2M
$78.5M
$72.0M
$65.2M
Sales and marketing
$33.6M
$32.0M
$32.6M
$29.8M
Operations and support
$21.4M
$19.7M
$18.4M
$17.7M
Product development
$13.0M
$11.4M
$12.5M
$11.0M
General and administrative
$24.7M
$20.7M
$19.5M
$16.9M
Total operating expenses
$92.7M
$83.7M
$83.1M
$75.5M
Loss from operations
($5.5M)
($5.2M)
($11.1M)
($10.3M)
Interest expense
($1.3M)
($1.3M)
($1.3M)
($1.2M)
Interest and dividend income
$2.6M
$1.8M
$2.1M
$2.2M
Other expenses
($1.0M)
($464.0K)
($1.6M)
($17.4M)
Income from unconsolidated joint venture
$255.0K
$146.0K
$220.0K
$218.0K
Total other income (expenses)
$585.0K
$209.0K
($555.0K)
($16.2M)
Loss before income taxes
($5.0M)
($5.0M)
($11.6M)
($26.4M)
(Provision) benefit for income taxes
($354.0K)
($248.0K)
$17.0K
$8.0K
Net loss
($5.3M)
($5.3M)
($11.6M)
($26.4M)
Net (loss) income attributable to noncontrolling interest
($1.0K)
$8.0K
$0
($3.0K)
Net loss attributable to common stockholders
($5.3M)
($5.3M)
($11.6M)
($26.4M)
Net loss per share, basic
-$0.10
-$0.10
-$0.23
-$0.52
Net loss per share, diluted
-$0.10
-$0.10
-$0.23
-$0.52
Weighted-average number of shares outstanding used to compute net loss per share, basic
$54220463.00
$51912516.00
$50920588.00
$50699914.00
Weighted-average number of shares outstanding used to compute net loss per share, diluted
$54220463.00
$51912516.00
$50920588.00
$50699914.00
Foreign currency translation
$130.0K
($690.0K)
$180.0K
$3.1M
Total other comprehensive income (loss)
$130.0K
($690.0K)
$180.0K
$3.1M
Comprehensive loss
($5.2M)
($5.9M)
($11.4M)
($23.4M)
Comprehensive income (loss) attributable to noncontrolling interest
$4.0K
$13.0K
$7.0K
($13.0K)
Total comprehensive loss attributable to common stockholders
($5.2M)
($6.0M)
($11.4M)
($23.4M)
Balance sheet
Xometry Inc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$15.0M
$22.2M
$53.4M
$65.7M
Marketable securities
$204.1M
$217.6M
$215.4M
$253.8M
Accounts receivable, less allowance for credit losses of $8.0 million and $4.9 million as of December 31, 2025 and December 31, 2024
$97.4M
$74.0M
$70.1M
$49.2M
Inventory
$3.9M
$3.9M
$2.9M
$1.6M
Prepaid expenses
$7.3M
$5.0M
$5.6M
$7.6M
Other current assets
$7.0M
$4.9M
$8.9M
$12.3M
Total current assets
$334.6M
$327.5M
$356.2M
$390.1M
Property and equipment, net
$60.6M
$44.8M
$35.6M
$19.1M
Operating lease right-of-use assets
$11.1M
$8.5M
$12.3M
$25.9M
Investment in unconsolidated joint venture
$4.1M
$4.1M
$4.1M
$4.1M
Intangible assets, net
$28.6M
$32.1M
$35.8M
$39.4M
Goodwill
$263.8M
$262.7M
$262.9M
$258.0M
Other assets
$880.0K
$412.0K
$471.0K
$413.0K
Total assets
$703.7M
$680.1M
$707.4M
$736.9M
Accounts payable and accrued cost of revenue
$44.6M
$35.0M
—
—
Other accrued expenses
$31.7M
$24.4M
—
—
Contract liabilities
$10.3M
$7.9M
$7.4M
$8.5M
Income taxes payable
$269.0K
$979.0K
$2.5M
$4.0M
Operating lease liabilities, current portion
$2.1M
$6.4M
$6.8M
$5.5M
Total current liabilities
$88.9M
$74.8M
$83.2M
$63.8M
Convertible notes
$327.5M
$283.6M
$281.8M
$279.9M
Operating lease liabilities, net of current portion
$9.8M
$5.1M
$11.0M
$16.9M
Deferred income taxes
$145.0K
$229.0K
$275.0K
$429.0K
Other liabilities
$547.0K
$817.0K
$778.0K
$1.0M
Total liabilities
$427.0M
$364.5M
$377.0M
$362.1M
Additional paid-in capital
$710.9M
$685.1M
$648.3M
$623.1M
Treasury stock, at cost, 220,994 and zero shares as of December 31, 2025 and December 31, 2024, respectively
-8.1M
—
—
—
Accumulated other comprehensive income (loss)
$4.8M
($328.0K)
$855.0K
$28.0K
Accumulated deficit
($432.0M)
($370.3M)
($319.9M)
($249.4M)
Total stockholders' equity
$275.6M
$314.5M
$329.3M
$373.7M
Noncontrolling interest
$1.1M
$1.1M
$1.1M
$1.1M
Total equity
$276.7M
$315.6M
$330.4M
$374.8M
Total liabilities and stockholders' equity
$703.7M
$680.1M
$707.4M
$736.9M
Xometry Inc balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$21.8M
$21.0M
$20.8M
$16.8M
Marketable securities
$494.9M
$202.9M
$203.7M
$209.0M
Accounts receivable, less allowance for credit losses of $8.6 million and $8.0 million as of June 30, 2026 and December 31, 2025, respectively
$130.3M
$119.7M
$98.9M
$86.9M
Inventory
$3.9M
$3.6M
$4.2M
$4.6M
Prepaid expenses
$8.2M
$7.0M
$5.9M
$5.1M
Other current assets
$13.4M
$9.7M
$7.6M
$6.1M
Total current assets
$672.4M
$364.1M
$341.1M
$328.5M
Software development and property and equipment, net
$79.8M
$69.2M
$54.5M
$51.2M
Operating lease right-of-use assets
$10.1M
$10.7M
$5.3M
$6.5M
Investment in unconsolidated joint venture
$4.2M
$4.1M
$4.2M
$4.1M
Intangible assets, net
$27.0M
$27.8M
$29.5M
$30.4M
Goodwill
$263.5M
$263.6M
$263.8M
$263.8M
Other assets
$904.0K
$888.0K
$459.0K
$2.7M
Total assets
$1.1B
$740.3M
$698.9M
$687.0M
Accounts payable and accrued cost of revenue
$70.6M
$62.3M
$46.2M
$42.0M
Other accrued expenses
$36.8M
$42.1M
$33.3M
$26.8M
Contract liabilities
$13.5M
$12.0M
$11.3M
$10.2M
Income taxes payable
$273.0K
$283.0K
$730.0K
$871.0K
Convertible notes, current portion
$85.5M
$85.3M
—
—
Operating lease liabilities, current portion
$2.5M
$2.4M
$2.5M
$4.2M
Total current liabilities
$209.2M
$204.4M
$94.1M
$84.0M
Convertible notes, net of current portion
$243.2M
$242.7M
$326.9M
$326.4M
Operating lease liabilities, net of current portion
$8.6M
$9.3M
$4.0M
$4.3M
Deferred income taxes
$133.0K
$145.0K
$185.0K
$206.0K
Other liabilities
$493.0K
$492.0K
$547.0K
$549.0K
Total liabilities
$461.6M
$457.1M
$425.8M
$415.5M
Additional paid-in capital
$1.0B
$723.3M
$699.0M
$686.0M
Treasury stock, at cost, 220,994 shares as of June 30, 2026 and December 31, 2025
-8.1M
-8.1M
-8.1M
-8.1M
Accumulated other comprehensive income
$4.2M
$4.1M
$4.5M
$4.3M
Accumulated deficit
($442.6M)
($437.3M)
($423.4M)
($411.8M)
Total stockholders' equity
$595.0M
$282.0M
$272.0M
$270.4M
Noncontrolling interest
$1.2M
$1.1M
$1.1M
$1.1M
Total equity
$596.2M
$283.2M
$273.1M
$271.5M
Total liabilities and stockholders' equity
$1.1B
$740.3M
$698.9M
$687.0M
Cash flow statement
Xometry Inc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net loss
($61.7M)
($50.4M)
($67.5M)
($76.0M)
Depreciation and amortization
$18.8M
$13.0M
$10.7M
$7.8M
Impairment of assets
$49.0K
$82.0K
$397.0K
$824.0K
Reduction in carrying amount of right-of-use asset
$4.6M
$4.5M
$14.4M
$7.2M
Lease termination
($14.0K)
—
—
—
Stock-based compensation
$36.4M
$29.3M
$22.1M
$19.2M
Revaluation of contingent consideration
$0
$137.0K
$571.0K
$817.0K
Income from unconsolidated joint venture
($90.0K)
($42.0K)
($46.0K)
—
Donation of common stock
$3.3M
$1.7M
$1.0M
$2.3M
Loss on debt extinguishment
$16.4M
—
—
—
Loss on sale of property and equipment
$0
$3.0K
$92.0K
$47.0K
Inventory write-off
$0
—
$223.0K
$133.0K
Amortization of deferred costs on convertible notes
$2.1M
$1.9M
$1.9M
$1.7M
Deferred tax benefit
($84.0K)
($46.0K)
($154.0K)
($653.0K)
Accounts receivable, net
($21.8M)
($5.7M)
($20.6M)
($16.9M)
Inventory
$135.0K
($1.3M)
($1.6M)
$351.0K
Prepaid expenses
($2.3M)
$599.0K
$1.7M
($1.6M)
Other assets
($772.0K)
$4.2M
($80.0K)
($7.0M)
Accounts payable and accrued cost of revenue
$9.2M
($8.7M)
—
—
Other accrued expenses
$7.4M
$2.7M
—
—
Contract liabilities
$2.2M
$681.0K
($1.4M)
$515.0K
Lease liabilities
($6.9M)
($6.9M)
($5.5M)
($5.7M)
Other liabilities
($24.0K)
$527.0K
—
—
Income taxes payable
($710.0K)
($1.5M)
($312.0K)
$743.0K
Net cash provided by (used in) operating activities
$6.1M
($15.4M)
($29.9M)
($62.6M)
Purchases of marketable securities
($8.5M)
($18.8M)
($11.6M)
($284.1M)
Proceeds from sale of marketable securities
$22.0M
$16.5M
$50.0M
$58.9M
Purchases of property and equipment
($30.2M)
($18.1M)
($18.5M)
($13.7M)
Distributions in excess of earnings
$86.0K
$90.0K
—
—
Proceeds from sale of property and equipment
$0
$79.0K
$223.0K
$189.0K
Cash paid for business combination, net of cash acquired
$0
—
($3.3M)
—
Net cash (used in) provided by investing activities
($16.6M)
($20.2M)
$16.8M
($238.6M)
Proceeds from issuance of convertible notes
$250.0M
—
—
$287.5M
Costs incurred in connection with issuance of convertible notes
($8.7M)
—
—
($9.3M)
Payments for repurchase of convertible notes
($216.0M)
—
—
—
Purchase of capped calls
($17.5M)
—
—
—
Purchase of treasury stock
($8.1M)
—
—
—
Proceeds from stock options exercised
$3.1M
$5.1M
$1.9M
$3.7M
Payment of contingent consideration
$0
($465.0K)
($842.0K)
($932.0K)
Net cash provided by financing activities
$2.9M
$4.6M
$1.1M
$281.0M
Effect of foreign currency translation on cash and cash equivalents
$424.0K
($268.0K)
($234.0K)
($367.0K)
Net decrease in cash and cash equivalents
($7.2M)
($31.2M)
($12.2M)
($20.6M)
Cash and cash equivalents at beginning of the year
$22.2M
$53.4M
$65.7M
$86.3M
Cash and cash equivalents at end of the year
$15.0M
$22.2M
$53.4M
$65.7M
Cash paid for interest
$3.6M
$2.9M
$2.9M
$1.4M
Xometry Inc cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net loss
($10.6M)
($5.3M)
($53.1M)
($41.5M)
Depreciation and amortization
$10.8M
$4.9M
$13.7M
$8.7M
Reduction in carrying amount of right-of-use asset
$1.2M
$552.0K
$3.4M
$2.2M
Lease termination
$0
$0
($14.0K)
($30.0K)
Stock-based compensation
$19.7M
$8.3M
$26.0M
$15.2M
Income from unconsolidated joint venture
($101.0K)
($86.0K)
($144.0K)
($90.0K)
Donation of common stock
$2.6M
$826.0K
$2.1M
$1.1M
Loss on debt extinguishment
$0
—
$16.4M
$16.4M
Amortization of deferred costs on convertible notes
$1.1M
$571.0K
$1.5M
$937.0K
Deferred tax benefit
($12.0K)
—
($44.0K)
($23.0K)
Accounts receivable, net
($33.3M)
($22.7M)
($23.4M)
($13.5M)
Inventory
($23.0K)
$273.0K
($192.0K)
($572.0K)
Prepaid expenses
($935.0K)
$214.0K
($904.0K)
($118.0K)
Other assets
($6.4M)
($3.1M)
($1.2M)
($59.0K)
Accounts payable and accrued cost of revenue
$25.7M
$17.7M
$10.7M
$6.4M
Other accrued expenses
$5.5M
$11.0M
$9.1M
$2.0M
Contract liabilities
$3.3M
$1.8M
$3.2M
$2.0M
Lease liabilities
($930.0K)
($340.0K)
($5.2M)
($3.2M)
Other liabilities
($54.0K)
($55.0K)
($24.0K)
($22.0K)
Income taxes payable
$4.0K
$14.0K
($249.0K)
($108.0K)
Net cash provided by (used in) operating activities
$17.5M
$14.6M
$1.7M
($4.1M)
Purchases of marketable securities
($326.8M)
($12.3M)
($6.6M)
($4.4M)
Proceeds from sale of marketable securities
$36.0M
$13.5M
$20.5M
$13.0M
Capitalization of software development and purchases of property and equipment
($24.0M)
($10.6M)
—
—
Distributions in excess of earnings
$0
$40.0K
—
$66.0K
Net cash used in investing activities
($314.7M)
($9.3M)
($6.0M)
($3.8M)
Proceeds from issuance of convertible notes
$0
—
$250.0M
$250.0M
Costs incurred in connection with issuance of convertible notes
$0
—
($8.7M)
($7.8M)
Payments for repurchase of convertible notes
$0
—
($216.0M)
($216.0M)
Purchase of capped calls
$0
—
($17.5M)
($17.5M)
Purchase of treasury stock
$0
—
($8.1M)
($8.1M)
Proceeds from stock options exercised
$5.9M
$830.0K
$2.7M
$1.4M
Proceeds from issuance of common stock, net of underwriters' discount
$248.4M
—
—
—
Payment of costs related to issuance of common stock
($315.0K)
—
—
—
Proceeds from issuance of common stock under Siemens agreement
$50.0M
—
—
—
Net cash provided by financing activities
$304.0M
$830.0K
$2.5M
$2.0M
Effect of foreign currency translation on cash and cash equivalents
($35.0K)
($82.0K)
$415.0K
$425.0K
Net increase (decrease) in cash and cash equivalents
$6.8M
$6.0M
($1.4M)
($5.5M)
Cash and cash equivalents at beginning of the period
$15.0M
$15.0M
$22.2M
$22.2M
Cash and cash equivalents at end of the period
$21.8M
$21.0M
$20.8M
$16.8M
Cash paid for interest
$1.4M
$429.0K
$2.6M
$2.2M
Cash paid for income taxes
$562.0K
$227.0K
—
—
Stock-based compensation included in capitalized software development costs
$4.7M
$2.4M
—
—
Non-cash consideration in connection with business combination
$0
$0
$625.0K
$625.0K
Non-cash costs incurred in connection with the issuance of convertible notes