Xometry, Inc. (XMTR) Earnings Call Transcripts
Xometry, Inc.'s Latest Earnings Call - May 19, 2026
In Q1 2026, Xometry, Inc. (XMTR:US) reported a significant revenue increase of 27% to 28% for the fiscal year, up from an initial estimate of around 21%. The company achieved a record net add of 85,000 users, indicating strong growth momentum. Management highlighted a transformative partnership with Siemens, which is expected to enhance customer engagement and streamline pricing processes, further solidifying Xometry's position in the custom manufacturing marketplace.
Reported metrics
| Metric | Value |
|---|---|
| Revenue Growth | 27% to 28% (beat) |
| Net User Additions | 85,000 (positive) |
| International Revenue Growth | 42% (positive) |
| Gross Margin | 34.7% (positive) |
| Enterprise Accounts Over $500,000 | 140 (positive) |
| Revenue Per Buyer Growth | 17% (positive) |
Guidance from management
Management raised revenue guidance for the fiscal year to 27% to 28%, reflecting strong Q1 performance and ongoing positive trends into Q2.
What management said
Yes. So Xometry is the leading AI native marketplace for custom manufacturing. So custom manufacturing is a huge industry, hundreds and hundreds of billions of dollars heavily fragmented with millions of buyers and millions of suppliers and has largely been undigitized. So it's been manual and offline. We created a marketplace to bring together buyers and suppliers, and we use AI to create pricing for both buyers and...
So Siemens overall is in multiple different domains. The specific business that we're speaking to here is the 1 that's focused on digital industry software. And the aim of that digital industry software is to truly aggregate capabilities around manufacturing and design so that they have tooling from CAD design to life cycle management, and the ability to actually push that orders into the manufacturers back in. So it...
What analysts pressed on
Analysts expressed concerns regarding the potential slowdown in growth in the second half of the year despite the strong first quarter. They questioned the assumptions behind the guidance and the impact of macroeconomic factors on demand.
Main topics on the call
- Revenue Growth Acceleration — Xometry reported a robust revenue growth forecast of 27% to 28% for the fiscal year, significantly raised from an initial estimate of 21%. Management noted, "We had a fantastic first quarter, and it's just been seeing th...
- Partnership with Siemens — The strategic partnership with Siemens is expected to be transformative, integrating Xometry's pricing models directly into Siemens' CAD software. Sanjeev Sahni stated, "This is a game changer because it just completely ...
- International Growth — International revenue grew 42% year-over-year, with management indicating that they are seeing similar buyer and supplier demands globally. They aim for international revenue to represent 30% to 40% of total revenue in t...
- Marketplace User Growth — Xometry achieved a record net add of 85,000 users, marking the highest growth in user acquisition in nine quarters. This growth is attributed to product-led initiatives and enhanced buyer experiences.
Read the full Xometry, Inc. transcript (May 19, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Xometry, Inc.
Xometry, Inc. (XMTR) is a publicly listed company in the Trading Companies and Distributors industry, within the Industrials sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 34 calls on record spanning August 12, 2021 to August 4, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 34 Xometry, Inc. earnings call transcripts on record, spanning August 12, 2021 to August 4, 2026. Based on this history, Xometry, Inc. reports quarterly. The most recent call on file is dated August 4, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- XMTR
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Industrials
- Calls on record
- 34
- First call
- August 12, 2021
- Most recent
- August 4, 2026
- Reporting cadence
- quarterly