Xometry, Inc. (XMTR)
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Xometry: manufacturing marketplace scale with profitability still on trial
Xometry filed 2025 revenue of $686.6 million, a 2025 operating loss of $45.5 million and Q1 2026 revenue of $205.1 million. The thesis depends on marketplace liquidity, supplier quality, gross margin and evidence that scale converts into durable cash flow.
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