Xometry

PlatformNorth Bethesda, Maryland, USAFounded 2013· One of 185 Platform companies tracked by AMPulse

AI-powered global marketplace connecting buyers with suppliers of custom manufacturing services including CNC machining, 3D printing, injection molding, and sheet metal fabrication.

CEO / Founder: Sanjeev Singh Sahni (effective July 1, 2026)
Team Size: 1001-5000
Stage: Active
Total Funding: $200M
Latest Round: Post-IPO
Key Investors: Highland Capital Partners, Almaz Capital, GE Ventures, BMW i Ventures, Dell Technologies Capital, T. Rowe Price, Greenspring Associates, Siemens (via SBI GmbH, strategic investment May 2026)

Technology & Products

Key Products

Xometry offers an AI-powered marketplace for on-demand manufacturing services including CNC machining, 3D printing, injection molding, die casting, and sheet metal fabrication. They also provide an instant quoting engine and a global network of manufacturing partners.

Technical position · AMPulse analysis

Leveraging advanced AI for real-time pricing, rapid turnaround, and streamlined production processes.

Differentiation

Value Proposition

Rapid prototyping and production capabilities with a wide range of manufacturing options, powered by an AI-driven platform for quick quotes, optimized production workflows, and competitive pricing.

How They Differentiate

Xometry differentiates through its AI-powered instant quoting engine, global network of 10,000+ manufacturing partners, and integrated platform combining Thomasnet sourcing with custom manufacturing marketplace.

Market & Competition

Target Customers

Engineers, procurement teams, and manufacturers seeking on-demand custom parts through a global network of manufacturing partners, from prototyping to production volumes.

Industry Verticals

Aerospace, Automotive, Consumer Products, Industrial Equipment, Medical Devices

Competitors

Protolabs, Fictiv, Hubs, Fathom, MakerVerse

Growth & Milestones

Growth Metrics

2024 Revenue: $545.53M. Q1 2026 Revenue: $205M (36% YoY growth, marketplace revenue +40% YoY). Q1 2026 Gross Profit: $78.5M (+39% YoY). Q1 2026 Adjusted EBITDA: $10.5M (improved $10.4M YoY). FY2026 guidance raised to 27-28% revenue growth with 20%+ incremental Adjusted EBITDA margins. Achieved Adjusted EBITDA profitability in Q4 2024. Nasdaq: XMTR.

Major Milestones

2013: Founded in North Bethesda, Maryland, 2021 Jun: IPO on Nasdaq (XMTR), 2021: Acquired Thomasnet for industrial sourcing capabilities, 2022: Acquired Tridi (Germany) for European expansion, 2024 Q4: Achieved Adjusted EBITDA profitability, 2025 Q3: Record quarterly revenue of $180.7M with 31% marketplace growth, 2026 Feb: Announced CEO succession - Sanjeev Singh Sahni to become CEO effective July 1, 2026, 2026 May: Siemens invests $50M (via SBI GmbH), strategic partnership to embed Xometry AI into Siemens Xcelerator, 2026 Q1: Record quarterly revenue of $205M, 36% YoY growth, 2026 Jul: Sanjeev Singh Sahni becomes CEO, Randy Altschuler transitions to Executive Chair

Notable Customers

Xometry serves a wide range of customers from university students to startup entrepreneurs and engineers at Fortune 100 companies, across industries like aerospace & defense, healthcare, automotive, consumer goods, industrial, and robotics.

https://www.xometry.com

Recent coverage of Xometry

Xometry posts record Q2 2026 revenue of $229M, up 41% YoY, as Protolabs and Lincoln Electric also report record quarters3dprint.comAug 8, 2026
Xometry posts record $229.3 million Q2 2026 revenue, up 41% year-over-yearvoxelmatters.comAug 5, 2026
Xometry launches next-gen AI models spanning geometry, pricing, and supplier capability3dadept.comJul 31, 2026
Xometry Foundation partners with MxD to launch CMMC Level 2 compliance grant program for small manufacturersstocktitan.netJul 28, 2026
Xometry expands injection molding platform with new materials, expert consultations, and one-click replenishmentvoxelmatters.comJun 21, 2026

Official records

Filings, certifications, and programme counts AMPulse can show for this company.

FY2025 financial performance

2025-01-01 to 2025-12-31 · USD · Consolidated company financials

Revenue growth (YoY): 25.87%
Operating margin: -6.63%
R&D / revenue: 6.81%

Annual comparison

Fiscal periods follow the company’s year end.
Period ending	Revenue	Growth	Operating margin	R&D / revenue
2025-12-31	USD 686,631,000	25.87%	-6.63%	6.81%
2024-12-31	USD 545,529,000	Unavailable	-10.29%	7.21%

[F] 2025 annual · USD 686,631,000
[F] 2024 annual · USD 545,529,000
[F] 2023 annual · USD 463,406,000
[F] 2022 annual · USD 380,921,000
[F] 2021 annual · USD 218,336,000
[F] 2020 annual · USD 141,406,000
[F] 2019 annual · USD 80,228,000

[C] ISO_9001 · claimed
[C] AS9100 · claimed
[C] ISO_13485 · claimed
[C] ITAR · claimed

AM patents

AM-relevant patents linked to this company.

Patents: 8
Granted: 6
Families: 8

Leading domains: process (8), software (8), application (1)

Filings by year: 2016: 8

METHODS AND APPARATUS FOR MACHINE LEARNING PREDICTIONS OF MANUFACTURE PROCESSES03316156 · EP2018-05-02
Methods and apparatus for machine learning predictions of manufacture processes10274933 · US2019-04-30
Methods and apparatus for machine learning predictions of manufacture processes11698623 · US2023-07-11
METHODS AND APPARATUS FOR MACHINE LEARNING PREDICTIONS OF MANUFACTURE PROCESSES20200348646 · US2020-11-05
Methods and apparatus for machine learning predictions of manufacture processes10558195 · US2020-02-11

Funding rounds

Series E$75.0M2020-09-09
Series D$5.0M2019-07-11
Series A$14.2M2017-02-01
Seed$4.2M2013-09-03

Why this company matters

AMPulse analysis, not a company disclosure

Xometry occupies a central position in the digital manufacturing ecosystem as an AI-powered marketplace that matches buyers of custom parts with a network of over 10,000 manufacturing partners. Founded in 2013 and headquartered in North Bethesda, Maryland, the company went public on Nasdaq in 2021 and has since expanded through acquisitions including Thomasnet for industrial sourcing and Tridi for European reach. Its platform addresses a longstanding friction in procurement: getting fast, competitive quotes for low-to-mid volume production across multiple process technologies.

The core product is an instant quoting engine that uses machine learning to analyze part geometry, material requirements, and tolerances, then returns a price and lead time in seconds. The platform covers CNC machining, sheet metal fabrication, injection molding, die casting, and multiple additive manufacturing processes including metal LPBF, polymer MJF, polymer FDM, and SLA. For additive specifically, Xometry offers a broad material range from Ti-6Al-4V and Inconel 718 in metal to PEEK and standard photopolymer resins in polymer, making it a one-stop option for engineers evaluating process trade-offs.

Customers span university researchers and startup founders to procurement teams at Fortune 100 companies in aerospace, automotive, medical devices, and industrial equipment. The marketplace model allows Xometry to offer competitive pricing and lead times by routing orders to the best-suited partner facility, while the Thomasnet integration adds a sourcing layer for production-scale needs. Key competitors include Protolabs, Fictiv, Hubs, and MakerVerse, but Xometry differentiates through its AI-driven pricing engine and the scale of its partner network.

Xometry reported Q3 2025 revenue of $180.7 million with 31% year-over-year marketplace growth and achieved adjusted EBITDA profitability in Q4 2024. The company's strategic moat lies in the data network effects of its quoting engine: more orders improve pricing accuracy, which attracts more buyers and partners. The open question is whether the marketplace model can sustain margin discipline as it scales into higher-volume production runs, where direct in-house manufacturing competitors like Protolabs may hold a cost advantage.