Xometry (XMTR) outlined its latest performance metrics at the Goldman Sachs Communacopia + Technology Conference on Sept. 8, 2026. The company highlighted four straight quarters of accelerating growth, with a reported 45% growth rate for the period versus zero growth for competing marketplaces.
Revenue per buyer increased 21% year‑over‑year, while the firm’s international operations reached an annual run rate of $125 million. Orders are shifting from the $50,000 tier to $500,000-plus, and four customers exceeded $10 million in annual volume during the prior year.
The marketplace now serves roughly 90,000 active customers and works with more than 300 partners in India, alongside expanding footprints in Vietnam, Europe and Turkey. Xometry’s gross margin target has been raised to 35%‑40%, up from the 30%‑35% range set at its IPO, and the last twelve months ended Q2 2026 showed a gross profit margin of 38.75%.
The company’s AI‑enhanced quoting engine has evolved into a modular system that includes separate pricing, lead‑time, manufacturability and costing models. These models are retrained at the order level, allowing faster adaptation than the quarterly or semi‑annual updates used previously.
A strategic partnership with Siemens will embed Xometry’s pricing and manufacturability intelligence directly into Siemens Design Center software. The integration, slated to roll out across cloud, X and on‑premises versions in 2027, will keep design files within the user’s environment until an order is placed. Siemens also took an equity stake in Xometry, though no material financial contribution is expected in 2026.
Xometry’s market capitalization stands at $5.3 billion, with its shares up 78.5% over the past year and 113.1% over six months, trading near $92.45, close to the 52‑week high of $106.08. The company noted that the custom‑manufacturing market represents a $275 billion opportunity, of which online platforms currently capture about 1%.
The firm aims to deliver custom parts within two to ten days, covering CNC machining, additive manufacturing, sheet metal and injection molding. Competitors such as Amazon, Grainger, Thomasnet, Ariba, Coupa and Walmart were referenced for context, with Thomasnet cited as operating at margins above 89% and providing access to 500,000 North American manufacturers.
Overall, Xometry positioned its AI‑driven pricing, expanded international footprint, and Siemens partnership as key levers for sustaining high‑single‑digit growth and improving profitability in the evolving digital manufacturing landscape.
