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Xometry Reports First Quarter 2025 Results
XMTRXometry(XMTR) GlobeNewswire News Room·2025-05-06 19:01

Q1 revenue increased 23% year-over-year to a record 151milliondrivenbyrobustmarketplacegrowth.Q1marketplacerevenueincreased27151 million driven by robust marketplace growth.Q1 marketplace revenue increased 27% year-over-year, a 700 basis point acceleration from Q4 2024, driven by strong U.S. enterprise growth.Q1 gross profit increased 18% year-over-year to 56.3 million.Q1 marketplace gross profit increased 26% year-over-year.Q1 Adjusted EBITDA improved 7.5millionyearoveryeartoAdjustedEBITDAof7.5 million year-over-year to Adjusted EBITDA of 0.1 million.2025 growth initiatives include: expanding buyer and supplier n ...