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

XMTR Nasdaq Services-Business Services, NEC MD CIK: 0001657573
Updated This Month • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
78% Confidence
N/A
C
78% Conf
Pending
Analysis scheduled

📊 XMTR Key Takeaways

Revenue: $205.1M
Net Margin: -2.6%
Free Cash Flow: $-15.6M
Current Ratio: 1.78x
Debt/Equity: 1.19x
EPS: $-1.03
AI Grade: C with 78% confidence
Xometry, Inc. (XMTR) receives a C fundamental grade with 78% confidence from our AI analysis based on SEC 10-K filings. With revenue of $205.1M, net profit margin of -2.6%, and return on equity (ROE) of -1.9%, 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 of 25.9% with a healthy 38.3% gross margin, but is unprofitable with negative operating income of -5.2M and negative free cash flow of -15.6M. The combination of high debt burden (335.8M) relative to minimal cash reserves (21.0M) and inability to cover interest expenses (coverage ratio of -4.1x) creates significant financial risk.

Xometry, Inc. Key Strengths (XMTR)

Claude
  • + Strong revenue growth of 25.9% YoY indicates robust market demand and business traction
  • + Healthy gross margin of 38.3% demonstrates operational efficiency in core service delivery
  • + Positive operating cash flow of 14.6M and adequate current ratio of 1.78x provide near-term liquidity cushion

XMTR Stock Risks: Xometry, Inc. Investment Risks

Claude
  • ! Negative free cash flow of -15.6M with -7.6% FCF margin indicates cash burn despite revenue growth, depleting resources
  • ! High leverage with 335.8M long-term debt against only 21.0M cash creates acute refinancing and solvency risk
  • ! Negative interest coverage of -4.1x means operating income cannot service debt obligations, increasing default probability

Key Metrics to Watch

Claude
  • * Operating margin trajectory - must achieve profitability from current -2.5% to reduce interest coverage vulnerability
  • * Free cash flow inflection - FCF margin must turn positive to stop cash depletion and reduce debt pressure
  • * Debt reduction progress - leverage ratio of 1.19x must improve through debt paydown or equity strengthening

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

Revenue
$205.1M
Net Income
$-5.3M
EPS (Diluted)
$-1.03
Free Cash Flow
$-15.6M
Total Assets
$740.3M
Cash Position
$21.0M

💡 AI Analyst Insight

Xometry, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

XMTR Profit Margin, ROE & Profitability Analysis

Gross Margin 38.3%
Operating Margin -2.5%
Net Margin -2.6%
ROE -1.9%
ROA -0.7%
FCF Margin -7.6%

XMTR vs Services Sector: How Xometry, Inc. Compares

How Xometry, Inc. compares to Services sector averages

Net Margin
XMTR -2.6%
vs
Sector Avg 10.0%
XMTR Sector
ROE
XMTR -1.9%
vs
Sector Avg 16.0%
XMTR Sector
Current Ratio
XMTR 1.8x
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
-1.9%
Sector avg: 16%
Net Profit Margin
-2.6%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.19x
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
1.78x
Quick Ratio
1.76x
Debt/Equity
1.19x
Debt/Assets
61.7%
Interest Coverage
-4.15x
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
-7.6%
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
Q1 2026 $151.0M N/A N/A
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

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
$14.6M
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
Jun 2, 2026 8-K d109952d8k.htm View →
May 28, 2026 4 xslF345X06/primarydocument.xml View →
May 22, 2026 4 xslF345X06/primarydocument.xml View →
May 22, 2026 4 xslF345X06/primarydocument.xml View →
May 21, 2026 8-K xmtr-20260520.htm View →

Frequently Asked Questions about XMTR

What is the AI rating for XMTR?

Xometry, Inc. (XMTR) has an AI grade of C with 78% 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 and business traction. Healthy gross margin of 38.3% demonstrates operational efficiency in core service delivery.

What are the risks of investing in XMTR?

Claude: Negative free cash flow of -15.6M with -7.6% FCF margin indicates cash burn despite revenue growth, depleting resources. High leverage with 335.8M long-term debt against only 21.0M cash creates acute refinancing and solvency risk.

What is XMTR's revenue and growth?

Xometry, Inc. reported revenue of $205.1M.

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 grade reflects both perspectives for balanced insights.

What is XMTR's fundamental grade?

Based on our AI fundamental analysis in June 2026, Xometry, Inc. has a C grade with 78% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is XMTR stock overvalued or undervalued?

Valuation metrics for XMTR: ROE of -1.9% (sector avg: 16%), net margin of -2.6% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is XMTR's AI grade for 2026?

Our dual AI analysis gives Xometry, Inc. a combined C grade 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 $14.6M, with capital expenditures of $30.2M. FCF margin is -7.6%.

How does XMTR compare to other Services stocks?

Vs Services sector averages: Net margin -2.6% (avg: 10%), ROE -1.9% (avg: 16%), current ratio 1.78 (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: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI