Xometry reported total Q1 revenue of $205 million, a 36% increase year-over-year, driven by a 40% jump in marketplace revenue to $191 million. Gross profit rose 39% to $78.5 million and adjusted EBITDA improved by $10.4 million to $10.5 million, while non-GAAP net income reached $6.9 million.

Siemens committed approximately $50 million to purchase newly issued Xometry Class A shares as part of an agreement to embed Xometry’s AI-native manufacturability, pricing, sourcing and execution intelligence into Siemens Xcelerator. The integration aims to provide engineers with real-time design feedback, seamless order placement and a continuous digital thread from design to delivery.

Xometry enhanced its Instant Quoting Engine with a deep learning lead time model trained on a dataset four times larger, dynamic pricing logic tailored to individual quotes, and expanded injection molding options with six new materials and three finishes. The company also simplified reordering via a 'name your part' feature to align part libraries with customer systems.