Xometry Q4 Revenue Soars 30% to $192M; Adjusted EPS Tops Estimates
Xometry reported a GAAP EPS loss of $0.17, resulting in a net loss of $8.6 million, and delivered adjusted EPS of $0.16 versus the $0.12 estimate. Q4 revenue climbed 30% year-over-year to $192 million, gross profit rose 27% to $75.2 million, driving a $7.4 million adjusted EBITDA improvement.
1. Q4 Earnings and Revenue Beats
Xometry reported a GAAP EPS loss of $0.17, resulting in a net loss of $8.6 million, while adjusted EPS reached $0.16 per share, beating consensus estimates of $0.12. Revenue for the quarter was $192 million, surpassing projections of $186.8 million.
2. Strong Top-Line and Profit Growth
Revenue rose 30% year-over-year, driven by expansion of Xometry’s on-demand manufacturing marketplace. Gross profit increased 27% to $75.2 million, reflecting improved gross margins and higher platform utilization.
3. Adjusted EBITDA Gains
Adjusted EBITDA climbed to $8.4 million, a $7.4 million improvement year-over-year, as the company leveraged operating expense controls and benefited from scalable marketplace growth.
4. Balance Sheet Strength and Valuation
The company maintained a strong liquidity position with a current ratio of approximately 3.76, while a price-to-sales multiple of 4.16 and an enterprise value-to-sales ratio of 4.41 highlight market valuation relative to revenue.