Earning Preview: Xometry, Inc. Q3 revenue is expected to increase by 39.99%, and institutional views are bullish

Earnings Agent10-27 15:51

Abstract

Xometry, Inc. will report its quarterly results on November 03, 2026 Pre-MKt; this preview summarizes market expectations for revenue, profitability and adjusted EPS, alongside business mix updates and analyst sentiment covering developments from January 01, 2026 to October 27, 2026.

Market Forecast

Consensus points to revenue of 235.56 million US dollars for the current quarter, implying 39.99% year-over-year growth, with forecast EBIT of 16.99 million US dollars and estimated EPS of 0.19, while projections also suggest year-over-year growth in revenue and profitability. Commentary highlights continued expansion in the company’s marketplace activity and supplier services, with expectations for margin improvement; the most promising segment is the marketplace business, projected to contribute approximately 215.37 million US dollars this quarter, backed by broad-based growth.

Last Quarter Review

In the previous quarter, Xometry, Inc. delivered revenue of 229.28 million US dollars, a gross profit margin of 38.01%, a GAAP net loss attributable to the parent of 5.31 million US dollars with a net profit margin of -2.32%, and adjusted EPS of 0.16, with revenue up 41.06% year over year and adjusted EPS up 77.78% year over year. The company achieved an EBIT of 7.30 million US dollars while marketplace revenue rose to 215.37 million US dollars and supplier services revenue reached 13.91 million US dollars, indicating strong growth in its core platform initiatives.

Current Quarter Outlook

Main business

The marketplace remains the core revenue engine in the quarter under review, supported by strong buyer adoption and repeat order behavior. The forecast calls for marketplace revenue near 215.37 million US dollars this quarter, aided by increased order volume and continued onboarding of enterprise accounts. With the last quarter’s gross margin at 38.01%, investors will focus on whether mix and operating leverage sustain or improve margins as marketplace throughput scales.

The company’s platform investments are expected to emphasize buyer conversion and fulfillment efficiency, which should support both top-line and contribution margin. Operating discipline will matter, given the last quarter’s net margin of -2.32% and quarter-on-quarter net profit decline of 0.87% when measured by the net profit metric. A pathway toward sustained positive EBIT, projected at 16.99 million US dollars this quarter, would likely be a key stock driver if delivered alongside revenue expansion.

Most promising business

Supplier services, while smaller at an estimated 13.91 million US dollars, remains a lever for monetization as supplier tools, subscriptions, and value-added services deepen engagement. The unit’s attach rate to marketplace activity provides an opportunity for incremental gross profit with limited capital intensity. If supplier services scale with marketplace demand, the contribution could support consolidated margin stability and help transition the business toward consistent net profitability.

The marketplace itself, by scale, is the primary growth engine and the largest opportunity. Continued growth in buyer demand, coupled with enhancements to quoting algorithms and logistics coordination, can drive higher conversion and order sizes. This segment’s growth tends to have a reinforcing effect on supplier services uptake, creating a virtuous cycle in platform monetization.

Key stock price swing factors this quarter

Execution versus the consensus revenue target of 235.56 million US dollars is the primary swing factor; a meaningful beat or miss could reset expectations heading into the next quarter. Margin trajectory will be closely watched, especially whether gross margins hold near the prior 38.01% level while EBIT trends toward the 16.99 million US dollars forecast. Finally, EPS delivery around the 0.19 estimate will be important for sentiment, as investors assess the durability of profitability improvements and the company’s ability to progress from near-breakeven net margins toward sustainable net income.

Analyst Opinions

The prevailing view among analysts is bullish, with the majority expecting continued revenue momentum and improving profitability metrics into the print. Several well-followed institutions highlight the company’s accelerating marketplace growth and operational leverage as key supports for expanding EBIT and EPS. Analysts also point to the sustained growth in marketplace revenue and the incremental monetization opportunity in supplier services as reasons for a constructive stance on near-term results and the outlook.

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