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Xometry, Inc. (XMTR) 10-Year Financial Performance & Capital Metrics

XMTR • • Industrial / General
IndustrialsIndustrial MachineryLaser & Advanced ManufacturingIndustrial Laser Systems
AboutXometry, Inc. operates a marketplace that enables buyers to source manufactured parts and assemblies in the United States and internationally. It provides CNC machining, milling, and turning services; sheet, laser, waterjet, and plasma cutting services; and sheet metal forming services. The company also offers 3D printing services, such as carbon digital light synthesis, fused deposition modeling, HP multi jet fusion, PolyJet, selective laser sintering, stereolithography, metal 3D printing service, direct metal laser sintering, and metal binder jetting; and injection molding services, including plastic injection, over, insert, and prototype molding, as well as bridge and production tooling. In addition, it provides other services comprising urethane and die casting, vapor smoothing, finishing, rapid prototyping, high- volume production, and assembly services. The company offers its products under the Allied Machine & Engineering, Brubaker, HTC, OSG, Kyocera, Mitsubishi Materials, SOWA, Viking Drill & Tool, Dauphin, and Sandvik brands. It serves aerospace and defense, automotive, consumer products, product designers, education, electronic and semiconductors, energy, hardware startups, industrial, medical and dental, robotics, and supply chain and purchasing industries. The company was formerly known as NextLine Manufacturing Corp. and changed its name to Xometry, Inc. in June 2015. Xometry, Inc. was incorporated in 2013 and is headquartered in Derwood, Maryland.Show more
  • Revenue $546M +17.7%
  • EBITDA -$39M +38.4%
  • Net Income -$50M +25.3%
  • EPS (Diluted) -1.03 +27.0%
  • Gross Margin 39.53% +2.8%
  • EBITDA Margin -7.09% +47.7%
  • Operating Margin -10.29% +35.2%
  • Net Margin -9.24% +36.5%
  • ROE -15.6% +18.8%
  • ROIC -7.23% +22.4%
  • Debt/Equity 0.94 +3.2%
  • Interest Coverage -11.82 +23.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 86 (top 14%)
  • ✓Strong 5Y sales CAGR of 46.7%

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Low quality earnings: Net income not backed by cash flow

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y46.72%
3Y35.7%
TTM22.4%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-23.37%

EPS CAGR

10Y-
5Y-
3Y-
TTM-18.91%

ROCE

10Y Avg-26.62%
5Y Avg-22.02%
3Y Avg-11.44%
Latest-9.13%

Peer Comparison

Industrial Laser Systems
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Growth
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
BURUNuburu, Inc.80.59M0.18-0.03-92.71%-578.52%
LASELaser Photonics Corporation47.35M2.12-9.64-13.31%-105.37%-183.55%0.49
KRNTKornit Digital Ltd.668.44M14.54-41.54-7.26%-6.17%-1.83%5.02%0.03
XMTRXometry, Inc.3.16B63.57-61.7217.72%-9.8%-23.07%0.94

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+80.23M141.41M218.34M380.92M463.41M545.53M
Revenue Growth %-0.76%0.54%0.74%0.22%0.18%
Cost of Goods Sold+65.49M108.12M161.19M234.93M285.15M329.9M
COGS % of Revenue0.82%0.76%0.74%0.62%0.62%0.6%
Gross Profit+14.74M33.29M57.14M145.99M178.26M215.62M
Gross Margin %0.18%0.24%0.26%0.38%0.38%0.4%
Gross Profit Growth %-1.26%0.72%1.55%0.22%0.21%
Operating Expenses+45.28M62.5M115.83M223.08M251.84M271.77M
OpEx % of Revenue0.56%0.44%0.53%0.59%0.54%0.5%
Selling, General & Admin22.61M34.61M74.36M142.62M164.6M173.39M
SG&A % of Revenue0.28%0.24%0.34%0.37%0.36%0.32%
Research & Development10.64M12.19M17.78M31.01M34.46M39.32M
R&D % of Revenue0.13%0.09%0.08%0.08%0.07%0.07%
Other Operating Expenses12.03M15.7M23.68M49.45M52.77M59.06M
Operating Income+-30.55M-29.22M-58.69M-77.09M-73.58M-56.15M
Operating Margin %-0.38%-0.21%-0.27%-0.2%-0.16%-0.1%
Operating Income Growth %-0.04%-1.01%-0.31%0.05%0.24%
EBITDA+-28.7M-26.1M-55.09M-69.27M-62.84M-38.68M
EBITDA Margin %-0.36%-0.18%-0.25%-0.18%-0.14%-0.07%
EBITDA Growth %-0.09%-1.11%-0.26%0.09%0.38%
D&A (Non-Cash Add-back)1.85M3.12M3.6M7.82M10.74M17.47M
EBIT-30.75M-30M-60.53M-74.59M-63.03M-45.67M
Net Interest Income+-241K-1.09M130K-303K6.82M6.03M
Interest Income00982K4.12M11.61M10.78M
Interest Expense241K1.09M852K4.42M4.78M4.75M
Other Income/Expense-445K-1.87M-2.69M-1.92M5.76M5.72M
Pretax Income+-30.99M-31.09M-61.38M-79.01M-67.82M-50.42M
Pretax Margin %-0.39%-0.22%-0.28%-0.21%-0.15%-0.09%
Income Tax+00036K-353K-21K
Effective Tax Rate %1%1%1%1%0.99%1%
Net Income+-30.99M-31.09M-61.38M-79.06M-67.47M-50.4M
Net Margin %-0.39%-0.22%-0.28%-0.21%-0.15%-0.09%
Net Income Growth %--0%-0.97%-0.29%0.15%0.25%
Net Income (Continuing)-30.99M-31.09M-61.38M-79.04M-67.47M-50.4M
Discontinued Operations000000
Minority Interest001.03M1.09M1.12M1.14M
EPS (Diluted)+-0.70-0.90-1.32-1.61-1.41-1.03
EPS Growth %--0.28%-0.46%-0.22%0.12%0.27%
EPS (Basic)-0.70-0.90-1.32-1.61-1.41-1.03
Diluted Shares Outstanding44.34M44.34M46.67M47.16M47.91M49.08M
Basic Shares Outstanding44.34M44.34M46.67M47.16M47.91M49.08M
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+65.41M77.66M163.43M387.24M356.23M327.54M
Cash & Short-Term Investments50.98M59.87M116.73M319.43M268.78M239.84M
Cash Only40.12M59.87M86.26M65.66M53.42M22.23M
Short-Term Investments10.86M030.46M253.77M215.35M217.6M
Accounts Receivable12.4M14.57M32.43M49.28M70.1M73.96M
Days Sales Outstanding56.4437.6254.2147.2255.2249.49
Inventory1.31M2.29M2.03M1.57M2.88M3.92M
Days Inventory Outstanding7.327.744.62.443.694.33
Other Current Assets005.58M9.37M8.9M4.87M
Total Non-Current Assets+12M11.31M339.15M346.87M351.16M352.59M
Property, Plant & Equipment6.93M7.88M37.78M45M47.89M53.29M
Fixed Asset Turnover11.57x17.95x5.78x8.46x9.68x10.24x
Goodwill2.19M833K254.67M258.04M262.92M262.69M
Intangible Assets2.57M1.81M41.74M39.35M35.77M32.14M
Long-Term Investments004.2M4.07M4.11M4.07M
Other Non-Current Assets311K788K773K413K471K412K
Total Assets+77.41M88.96M502.59M734.11M707.39M680.13M
Asset Turnover1.04x1.59x0.43x0.52x0.66x0.80x
Asset Growth %-0.15%4.65%0.46%-0.04%-0.04%
Total Current Liabilities+15.86M38.38M57.04M64.03M83.19M74.79M
Accounts Payable7.93M5.64M12.72M12.44M43.88M35.02M
Days Payables Outstanding44.2219.0428.819.3256.1738.75
Short-Term Debt015.75M0000
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K
Other Current Liabilities000000
Current Ratio4.13x2.02x2.87x6.05x4.28x4.38x
Quick Ratio4.04x1.96x2.83x6.02x4.25x4.33x
Cash Conversion Cycle19.5426.3230.0130.342.7415.07
Total Non-Current Liabilities+134.65M161.83M20.07M298.29M293.77M289.75M
Long-Term Debt11.43M00279.91M281.77M283.63M
Capital Lease Obligations2.06M1.12M16.92M16.94M10.95M5.07M
Deferred Tax Liabilities0018K429K275K229K
Other Non-Current Liabilities121.16M160.71M3.13M1.01M778K817K
Total Liabilities150.51M200.21M77.1M362.31M376.97M364.53M
Total Debt+14.59M17.9M22.47M302.32M299.52M295.14M
Net Debt-25.54M-41.98M-63.79M236.66M246.09M272.9M
Debt / Equity--0.05x0.81x0.91x0.94x
Debt / EBITDA------
Net Debt / EBITDA------
Interest Coverage-126.76x-26.83x-68.88x-17.45x-15.38x-11.82x
Total Equity+-73.1M-111.25M425.48M371.8M330.42M315.6M
Equity Growth %--0.52%4.82%-0.13%-0.11%-0.04%
Book Value per Share-1.65-2.519.127.886.906.43
Total Shareholders' Equity-73.1M-111.25M424.45M370.71M329.3M314.45M
Common Stock000000
Retained Earnings-77.61M-111.96M-173.34M-252.4M-319.87M-370.27M
Treasury Stock000000
Accumulated OCI0210K149K28K855K-328K
Minority Interest001.03M1.09M1.12M1.14M

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-27.13M-22.05M-68.57M-62.58M-29.88M-15.38M
Operating CF Margin %-0.34%-0.16%-0.31%-0.16%-0.06%-0.03%
Operating CF Growth %-0.19%-2.11%0.09%0.52%0.49%
Net Income-30.99M-31.09M-61.38M-76.01M-67.47M-50.4M
Depreciation & Amortization1.85M3.12M3.6M7.82M10.74M13.01M
Stock-Based Compensation544K1.01M7.39M19.17M22.12M29.32M
Deferred Taxes1.41M0-179K-653K-154K-46K
Other Non-Cash Items906K2.94M5.65M16.58M18.49M8.18M
Working Capital Changes-841K1.97M-23.65M-29.48M-13.6M-15.45M
Change in Receivables-5.5M-2.13M-11.12M-16.92M-20.59M-5.75M
Change in Inventory-555K-956K293K351K-1.55M-1.28M
Change in Payables2.81M-2.35M5.21M-215K6.74M-8.71M
Cash from Investing+-2.35M6.67M-212.75M15.14M16.81M-20.18M
Capital Expenditures-2.69M-4.19M-6.26M-13.65M-18.49M-18.1M
CapEx % of Revenue0.03%0.03%0.03%0.04%0.04%0.03%
Acquisitions------
Investments------
Other Investing155K0627K253.77M223K169K
Cash from Financing+54.72M35.26M307.77M280.97M1.07M4.64M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid0-8.8M0000
Share Repurchases------
Other Financing450K518K-1.35M-10.24M-842K-465K
Net Change in Cash------
Free Cash Flow+-29.82M-26.24M-74.83M-76.22M-48.36M-33.48M
FCF Margin %-0.37%-0.19%-0.34%-0.2%-0.1%-0.06%
FCF Growth %-0.12%-1.85%-0.02%0.37%0.31%
FCF per Share-0.67-0.59-1.60-1.62-1.01-0.68
FCF Conversion (FCF/Net Income)0.88x0.71x1.12x0.79x0.44x0.31x
Interest Paid01.27M0000
Taxes Paid000000

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)---39.07%-19.83%-19.22%-15.6%
Return on Invested Capital (ROIC)---42.23%-11.92%-9.31%-7.23%
Gross Margin18.37%23.54%26.17%38.33%38.47%39.53%
Net Margin-38.63%-21.98%-28.11%-20.75%-14.56%-9.24%
Debt / Equity--0.05x0.81x0.91x0.94x
Interest Coverage-126.76x-26.83x-68.88x-17.45x-15.38x-11.82x
FCF Conversion0.88x0.71x1.12x0.79x0.44x0.31x
Revenue Growth-76.26%54.4%74.47%21.65%17.72%

Revenue by Segment

2021202220232024
Marketplace Revenue-303.13M394.75M485.95M
Marketplace Revenue Growth--30.22%23.10%
Supplier Service Revenue-77.92M68.65M59.58M
Supplier Service Revenue Growth---11.89%-13.21%

Revenue by Geography

2021202220232024
UNITED STATES202.03M347.84M403.29M456.73M
UNITED STATES Growth-72.17%15.94%13.25%
Non-US16.3M33.21M60.12M88.8M
Non-US Growth-103.72%81.02%47.72%

Frequently Asked Questions

Growth & Financials

Xometry, Inc. (XMTR) reported $642.8M in revenue for fiscal year 2024. This represents a 701% increase from $80.2M in 2019.

Xometry, Inc. (XMTR) grew revenue by 17.7% over the past year. This is strong growth.

Xometry, Inc. (XMTR) reported a net loss of $63.0M for fiscal year 2024.

Dividend & Returns

Xometry, Inc. (XMTR) has a return on equity (ROE) of -15.6%. Negative ROE indicates the company is unprofitable.

Xometry, Inc. (XMTR) had negative free cash flow of $13.7M in fiscal year 2024, likely due to heavy capital investments.

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