---
title: "Xometry posts record Q3 2025 revenue as marketplace growth accelerates"
url: https://www.voxelmatters.com/xometry-posts-record-q3-2025-revenue-as-marketplace-growth-accelerates/
date: 2025-11-04
modified: 2025-11-04
lang: en
author: "Davide Sher"
description: "Xometry reported record financial results for the third quarter of 2025, with revenue increasing 28% year-over-year to $181 million, driven by a 31% rise in marketplace revenue. The custom manufacturing..."
categories:
  - "3D Printing Service Providers"
  - "Digital Inventory"
  - "Financial Reports"
  - "Money & Funding"
  - "Networks"
tags:
  - "insights"
image: https://www.voxelmatters.com/wp-content/uploads/2025/11/Xometry_Launches_New_Workcenter_Experience_Empowering_Manufacturing_Partners_to_Accept_Jobs_and_Man_915745-e1762269801751-640x475.jpg
word_count: 430
---

# Xometry posts record Q3 2025 revenue as marketplace growth accelerates

[Xometry](https://www.voxelmatters.directory/company/xometry/) reported record financial results for the third quarter of 2025, with revenue increasing 28% year-over-year to $181 million, driven by a 31% rise in marketplace revenue. The custom manufacturing marketplace operator attributed the gains to expanding enterprise adoption and broader engagement across its global network of buyers and suppliers.

Marketplace gross profit rose 40% to $59.5 million, with gross margin improving 210 basis points to a record 35.7%. The company’s adjusted EBITDA turned positive for the quarter, reaching $6.1 million—up from a loss of $632,000 a year ago—reflecting improved operating leverage and margin expansion.

CEO Randy Altschuler stated that the company continues to experience strong demand from large customers. “Enterprise customers rapidly adopt our supply chain solutions,” Altschuler said. “In Q3, we delivered 31% marketplace revenue growth year-over-year, underscoring the strength of our platform and strategic global network.”

CFO James Miln projected continued profitability improvements, stating, “We expect to deliver 20% annual incremental Adjusted EBITDA margins as we scale to $1 billion in revenue.”

## Marketplace growth offsets supplier services decline

Marketplace revenue totaled $167 million for the quarter, accounting for more than 92% of total revenue. The number of active buyers rose 21% to 78,282, while high-spending accounts—those with at least $50,000 in trailing 12-month spend—increased 14% to 1,724.

![Xometry Q3 2025 shows record revenue growth of 28%, driven by increased enterprise adoption and global marketplace engagement.](https://www.voxelmatters.com/wp-content/uploads/2025/11/xometryworkcentermobile.jpg)Supplier services revenue, however, declined 4% year-over-year to $14.1 million, continuing a downward trend in that segment.

The company reported a net loss of $11.6 million for the quarter, compared with a $10.2 million loss in Q3 2024. On a non-GAAP basis, net income reached $6.2 million, up from $1.1 million a year earlier. Xometry ended the quarter with $225 million in cash, cash equivalents, and marketable securities.

## New product launches and European expansion

In the third quarter, [Xometry launched a mobile version of its Workcenter platform,](https://www.voxelmatters.com/xometry-launches-new-workcenter-mobile-app/) a quote-to-cash solution designed to help suppliers manage operations and job offers in real time. It also introduced automated quoting for injection molding in the U.S., following a European rollout earlier in the year.

Other updates included the expansion of its AI-powered design-for-manufacturing capabilities and a new dynamic ad-serving platform from Thomas, a subsidiary. Xometry EU has added more materials, faster lead times, and a parts library designed to simplify part reuse and reordering.

## Raised full-year outlook

For the fourth quarter, Xometry expects revenue between $182 million and $184 million, representing 23% to 24% growth year-over-year, with adjusted EBITDA projected between $6 million and $7 million. For the full year, the company raised its revenue guidance to $676 million to $678 million, and its adjusted EBITDA forecast to $16 million to $17 million.