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Xometry, Inc. (XMTR) Stock Fundamental Analysis & AI Rating 2026

XMTR Nasdaq Services-Business Services, NEC MD CIK: 0001657573
Recently Updated • Analysis: Apr 19, 2026 • SEC Data: 2025-12-31
SELL
70% Conf
Pending
Analysis scheduled

📊 XMTR Key Takeaways

Revenue: $686.6M
Net Margin: -9.0%
Free Cash Flow: $-24.1M
Current Ratio: 3.76x
Debt/Equity: 1.22x
EPS: $-1.03
AI Rating: SELL with 70% confidence
Xometry, Inc. (XMTR) receives a SELL rating with 70% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $686.6M, net profit margin of -9.0%, and return on equity (ROE) of -22.4%, Xometry, Inc. demonstrates mixed fundamentals in the Services sector. Below is our complete XMTR stock analysis for 2026.

Is Xometry, Inc. (XMTR) a Good Investment?

Claude

Xometry demonstrates strong top-line growth at 25.9% YoY with improving EPS, but faces severe operational headwinds including operating losses of -$45.5M, negative free cash flow of -$24.1M, and a precarious balance sheet with only $15M cash against $335.8M debt. Without near-term profitability achievement, the company faces material refinancing risk.

Why Buy Xometry, Inc. Stock? XMTR Key Strengths

Claude
  • + Strong revenue growth of 25.9% YoY indicates robust market demand
  • + Reasonable gross margin of 39.1% demonstrates acceptable unit economics
  • + EPS improving 27% YoY suggests trajectory toward profitability
  • + Strong current and quick ratios (3.76x and 3.72x) support short-term solvency

XMTR Stock Risks: Xometry, Inc. Investment Risks

Claude
  • ! Operating losses of -$45.5M and net losses of -$61.7M despite revenue growth indicate fundamental profitability challenge
  • ! Negative free cash flow of -$24.1M coupled with only $15M cash creates acute refinancing risk
  • ! Debt-to-equity ratio of 1.22x with negative interest coverage (-9.3x) indicates debt cannot be serviced from operations
  • ! Deteriorating returns with ROE of -22.4% and ROA of -8.8% destroying shareholder value

Key Metrics to Watch

Claude
  • * Path to operating profitability and positive EBIT
  • * Free cash flow trajectory and cash balance stability
  • * Debt refinancing activity and interest payment capacity
  • * Gross margin maintenance as operating leverage improves

Xometry, Inc. (XMTR) Financial Metrics & Key Ratios

Revenue
$686.6M
Net Income
$-61.7M
EPS (Diluted)
$-1.03
Free Cash Flow
$-24.1M
Total Assets
$703.7M
Cash Position
$15.0M

💡 AI Analyst Insight

Strong liquidity with a 3.76x current ratio provides a solid financial cushion.

XMTR Profit Margin, ROE & Profitability Analysis

Gross Margin 39.1%
Operating Margin -6.6%
Net Margin -9.0%
ROE -22.4%
ROA -8.8%
FCF Margin -3.5%

XMTR vs Services Sector: How Xometry, Inc. Compares

How Xometry, Inc. compares to Services sector averages

Net Margin
XMTR -9.0%
vs
Sector Avg 10.0%
XMTR Sector
ROE
XMTR -22.4%
vs
Sector Avg 16.0%
XMTR Sector
Current Ratio
XMTR 3.8x
vs
Sector Avg 1.5x
XMTR Sector
Debt/Equity
XMTR 1.2x
vs
Sector Avg 0.7x
XMTR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Xometry, Inc. Stock Overvalued? XMTR Valuation Analysis 2026

Based on fundamental analysis, Xometry, Inc. shows some fundamental concerns relative to the Services sector in 2026.

Return on Equity
-22.4%
Sector avg: 16%
Net Profit Margin
-9.0%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.22x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Xometry, Inc. Balance Sheet: XMTR Debt, Cash & Liquidity

Current Ratio
3.76x
Quick Ratio
3.72x
Debt/Equity
1.22x
Debt/Assets
60.7%
Interest Coverage
-9.28x
Long-term Debt
$335.8M

XMTR Revenue & Earnings Growth: 5-Year Financial Trend

XMTR 5-year financial data: Year 2021: Revenue $218.3M, Net Income -$31.1M, EPS N/A. Year 2022: Revenue $381.1M, Net Income -$31.1M, EPS $-5.32. Year 2023: Revenue $463.4M, Net Income -$61.4M, EPS $-2.33. Year 2024: Revenue $545.5M, Net Income N/A, EPS $-1.68. Year 2025: Revenue $686.6M, Net Income N/A, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Xometry, Inc.'s revenue has grown significantly by 214% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.68 indicates the company is currently unprofitable.

XMTR Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-3.5%
Free cash flow / Revenue

XMTR Quarterly Earnings & Performance

Quarterly financial performance data for Xometry, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $141.7M N/A N/A
Q2 2025 $132.6M N/A N/A
Q1 2025 $122.7M N/A N/A
Q3 2024 $118.9M -$10.2M N/A
Q2 2024 $111.0M -$13.7M N/A
Q1 2024 $105.3M -$16.6M N/A
Q3 2023 $103.6M -$12.0M N/A
Q2 2023 $95.6M -$16.6M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Xometry, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$6.1M
Cash generated from operations
Stock Buybacks
$8.1M
Shares repurchased (TTM)
Capital Expenditures
$30.2M
Investment in assets
Dividends
None
No dividend program

XMTR SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Xometry, Inc. (CIK: 0001657573)

📋 Recent SEC Filings

Date Form Document Action
Apr 3, 2026 4 xslF345X06/primarydocument.xml View →
Apr 3, 2026 4 xslF345X06/primarydocument.xml View →
Apr 3, 2026 4 xslF345X06/primarydocument.xml View →
Apr 3, 2026 4 xslF345X06/primarydocument.xml View →
Apr 3, 2026 4 xslF345X06/primarydocument.xml View →

Frequently Asked Questions about XMTR

What is the AI rating for XMTR?

Xometry, Inc. (XMTR) has an AI rating of SELL with 70% confidence, based on fundamental analysis of SEC EDGAR filings.

What are XMTR's key strengths?

Claude: Strong revenue growth of 25.9% YoY indicates robust market demand. Reasonable gross margin of 39.1% demonstrates acceptable unit economics.

What are the risks of investing in XMTR?

Claude: Operating losses of -$45.5M and net losses of -$61.7M despite revenue growth indicate fundamental profitability challenge. Negative free cash flow of -$24.1M coupled with only $15M cash creates acute refinancing risk.

What is XMTR's revenue and growth?

Xometry, Inc. reported revenue of $686.6M.

Does XMTR pay dividends?

Xometry, Inc. does not currently pay dividends.

Where can I find XMTR SEC filings?

Official SEC filings for Xometry, Inc. (CIK: 0001657573) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is XMTR's EPS?

Xometry, Inc. has a diluted EPS of $-1.03.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is XMTR a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Xometry, Inc. has a SELL rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is XMTR stock overvalued or undervalued?

Valuation metrics for XMTR: ROE of -22.4% (sector avg: 16%), net margin of -9.0% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy XMTR stock in 2026?

Our dual AI analysis gives Xometry, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is XMTR's free cash flow?

Xometry, Inc.'s operating cash flow is $6.1M, with capital expenditures of $30.2M. FCF margin is -3.5%.

How does XMTR compare to other Services stocks?

Vs Services sector averages: Net margin -9.0% (avg: 10%), ROE -22.4% (avg: 16%), current ratio 3.76 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI