NASDAQ$XMTR
Xometry Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Xometry's Q1 2023 results were reported, with revenue increasing 26% year-over-year and marketplace growth of 35% year-over-year.
Xometry reported a 26% increase in total revenue year-over-year, driven by a 35% increase in marketplace revenue. The company's gross profit also increased by 20% year-over-year. Xometry expects Q2 revenue growth of 14%-16% year-over-year.
- Q1 revenue increased 26% year-over-year driven by stronger-than-expected marketplace growth of 35% year-over-year.
- Q1 gross profit increased 20% year-over-year driven by 41% growth in marketplace gross profit.
- Q1 Adjusted EBITDA loss of $11.8 million, a $2.5 million quarter-over-quarter improvement.
- Expect Q2 revenue growth of 14%-16% year-over-year to $109-$111 million, driven by healthy marketplace growth.
Headline financials
Revenue & EPS history
Xometry · Revenue · Quarterly
$105M
Revenue by segment
Xometry · $105M total across 2 segments · Q1 2023
- Marketplace$86.7M+34.6%82.3%
- Supplier Services$18.6M-3.6%17.7%
Forward guidance
Xometry expects Q2 2023 revenue to be between $109 million and $111 million, with Adjusted EBITDA between $(9.5) million and $(8.5) million. For the full year 2023, revenue is expected to be between $470 million and $480 million, with Adjusted EBITDA between $(26) million and $(24) million.
Tailwinds
- Expect Q2 revenue growth of 14%-16% year-over-year to $109-$111 million, driven by healthy marketplace growth
Headwinds
- Expect Q2 Adjusted EBITDA between $(9.5) million and $(8.5) million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
+3.9%
Avg return
Earnings day
+6.5%
Avg return
5 days after
+9.4%
Avg return
30 days after
60%
12 / 20 earnings
Positive
+40.8%
Q2 2024
Best reaction
-40.2%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +39.0% | +48.8% | +42.7% | |
| Q4 2025 | -24.6% | -28.2% | -28.3% | |
| Q3 2025 | +28.9% | +33.4% | +20.2% | |
| Q1 2025 | +11.2% | +10.9% | +28.4% | |
| Q4 2024 | -9.2% | -12.7% | -15.0% | |
| Q3 2024 | +38.8% | +38.7% | +42.9% | |
| Q2 2024 | +40.8% | +60.2% | +54.7% | |
| Q1 2024 | +5.4% | +6.5% | -3.7% | |
| Q4 2023 | -40.2% | -45.4% | -43.9% | |
| Q3 2023 | -4.8% | +11.7% | +46.9% | |
| Q2 2023 | +4.8% | +6.6% | +22.2% | |
| Q1 2023 | +32.5% | +30.8% | +61.8% | |
| Q4 2022 | -39.6% | -39.4% | -50.8% | |
| Q3 2022 | -20.6% | -11.0% | -20.8% | |
| Q2 2022 | +20.9% | +19.3% | +39.2% | |
| Q1 2022 | +3.7% | +3.6% | +13.8% | |
| Q4 2021 | +4.4% | -10.0% | -0.2% | |
| Q3 2021 | +3.0% | +19.3% | +4.0% | |
| Q4 2020 | -6.5% | -8.0% | -14.2% | |
| Q2 2021 | -9.6% | -4.7% | -11.2% | |
| Q1 2021 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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