Xometry Inc. held its Q1 2025 Earnings Call on May 6, 2025, to discuss its financial results and future guidance. The event was attended by key corporate participants, including Randy Altschuler, CEO; Sanjeev Sahni, President; and James Miln, CFO. Analysts from various financial institutions also participated. During the call, Xometry reported a remarkable 23% year-over-year revenue increase, reaching a record $151 million. This marked a 700 basis point acceleration from the previous quarter's growth. "In Q1, revenue increased 23% year-over-year to a record $151 million," stated CEO Randy Altschuler. The company's marketplace growth, driven by enterprise adoption, surged by 27%. Xometry's robust performance in a volatile global trade environment underscores the effectiveness of its marketplace model. The company is focused on building 18 localized marketplaces across the U.S., Europe, and Asia to strengthen domestic manufacturing bases. The full transcript can be accessed through the link below.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.