Slide 1: Investor Presentation Q4 2025
Investor Presentation Q4 2025 February 24, 2026 © 2026 Xometry, Inc. and/or its affiliates. All rights reserved. Confidential.
Slide 2: Safe Harbor
Safe Harbor This presentation contains forward-looking statements. All statements other than statements of historical facts contained in this presentation, including statements regarding the Company’s future results of operations, financial position and cash flows, expectations regarding its growth
Slide 3: On a Mission to Make the World's Manufacturing Capacity Accessible to All
On a Mission to Make the World’s Manufacturing Capacity Accessible to All $687M $269M $18.5M LTM REVENUE LTM GROSS PROFIT LTM ADJ. EBITDA1 We are an AI-native marketplace digitizing custom manufacturing for Buyers and Suppliers Note: See the Appendix for reconciliation to the nearest GAAP measures.
Slide 4: Investment Highlights
Large Massive, highly fragmented global custom manufacturing TAM market with <1% penetration and long runway for growth. A leading marketplace that digitizes the industrial supply AI-native chain through instant pricing, intelligent global sourcing Marketplace and fulfillment powered by proprietary
Slide 5: $17T With <1% Penetration, Our Market Opportunity is Massive
$17T GLOBAL MANUFACTURING With <1% Penetration, $2.9T Our Market U.S. MANUFACTURING OUTPUT Opportunity is Massive $275B CUSTOM MANUFACTURING © 2026 Xometry, Inc. and/or its affiliates. All rights reserved. Confidential. 5
Slide 6: Xometry AI-Native Marketplace
Xometry AI-Native Marketplace Digital procurement Sell capacity digitally Instant access to Access to global supply chain demand at minimal BUYERS SUPPLIERS solutions cost Optimal pricing, Increase asset selection, and lead utilization and time profitability Xometry is transforming manufacturing sou
Slide 7: Expanding our Competitive Moat
Expanding our Competitive Moat Expanding selection, global networks and proprietary data, reinforced by workflow integrations, compound into a durable advantage across geographies. © 2026 Xometry, Inc. and/or its affiliates. All rights reserved. Confidential. 7
Slide 8: AI Fuels Marketplace Gross Margin Expansion
AI Fuels Marketplace Gross Margin Expansion More quotes and orders matched with more suppliers drives higher gross margin ACTIVE BUYERS1 MARKETPLACE GROSS MARGIN % >10 PTS SINCE 2020 ACTIVE SUPPLIERS2,3 MARKETPLACE 1. Active Buyers defined as the number of Buyers who have made at least one purchase
Slide 9: Rapid Growth, Digitizing and Transforming Custom Manufacturing
Rapid Growth, Digitizing and Transforming Custom Manufacturing Marketplace Marketplace Active Active Revenue Gross Profit Buyers1 Suppliers2 37% CAGR 48% CAGR 34% CAGR 29% CAGR 1. Active Buyers defined as the number of Buyers who have made at least one purchase on Xometry’s marketplace during the la
Slide 10: Strength in Land and Expand
Strength in Land and Expand Larger Accounts Accounts With LTM EMERGING Spend of at Least $50K1 Accounts with LTM spend of at least $50K ~35% CAGR FY 20-25 ENTERPRISE2 Accounts with LTM spend of at least $500K in 2025 ➔ >140 accounts ➔ Grew revenue by >40% Accounts with LTM spend of at least $10M in
Slide 11: Scaling Enterprise Accounts with Technology Solutions
Scaling Enterprise Accounts with Technology Solutions CONSUMER AEROSPACE AUTOMOTIVE MEDICAL DEVICE COMPANY COMPANY COMPANY COMPANY ➔ Supply chain ➔ Lifecycle prototype ➔ Streamline production ➔ Quick-turn production management through production procurement ➔ Processes: sheet metal, PROFILE ➔ Proces
Slide 12: Increasing Value of Cohorts Driven by Land and Expand Strategy
Increasing Value of Cohorts Driven by Land and Expand Strategy Revenue $ in millions for global accounts New Account Cohorts Through 20251 2 2 2 1. The Company defines an “account” as an individual entity, such as a sole proprietor with a single Buyer or corporate entities with multiple Buyers, havi
Slide 13: Rapidly Growing International Revenue
Rapidly Growing International Revenue International Increasing Percentage of Marketplace Revenue 2% 18% 2020 2025 U.S. 98% U.S. 82% LONG-TERM TARGET: International to represent 30-40% of Marketplace revenue International Expand Penetrate Expand Growth Strategy platform enterprise geographies capabil
Slide 14: Xometry's Global Supplier Partner Network
Xometry’s Global Supplier Partner Network GROWTH & SCALE ENTERPRISE CAPABILITIES OPERATIONAL ENABLEMENT CERTIFICATIONS WORKCENTER PLATFORM ~5K ACROSS INDUSTRIES Cloud-based platform for Suppliers to manage jobs, operations, and cash flow 1 ACTIVE SUPPLIERS AEROSPACE AS9100 AI-driven job AUTOMOTIVE $
Slide 15: Thomas: Leading Marketing and Sourcing Engine for Manufacturers
Thomas: Leading Marketing and Sourcing Engine for Manufacturers 500K+ Suppliers Helping those who build find what they need to scale, compete, and win BUYERS 3M+ Industrial products Digital platform for evaluating and sourcing qualified manufacturing suppliers across ~80K categories $53M SUPPLIERS FY
Slide 16: Significant Monetization and Penetration Opportunities
Significant Monetization Enhance Improve platform and Penetration experience for monetization with both Buyers dynamic ad Opportunities and Suppliers. serving. ~1% of the 500K+ Suppliers listed on Thomas are Active Paying Advertisers. Increase Advertiser Drive more value to penetration and advertise
Slide 17: Clear Strategy for Growth
Clear Strategy for Growth Expanding Buyer Driving deeper Further Growing and Supplier enterprise expanding internationally networks management marketplace platform % of Revenue Gross Margin Long-Term 40 – 45% Margin Outlook Operating Expenses 15 – 20% Adjusted EBITDA Margin1 20 – 30% 1. We define Ad
Slide 18: Capital Allocation Strategy
Capital Allocation Strategy Focused on building shareholder value Invest in Organic Growth Maintain Strong Balance Sheet Strategic M&A ➔ Buyer and Supplier ➔ $219M in cash and cash ➔ Tuck-in acquisitions to networks. equivalents and marketable expand offerings and securities (December 2025). geograp
Slide 19: Appendix
Appendix © 2026 Xometry, Inc. and/or its affiliates. All rights reserved. Confidential. 19
Slide 20: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation $ in thousands 1. Represents depreciation expense of the Company’s long-lived tangible assets and amortization expense of its finite-lived intangible assets, as included in the Company’s GAAP results of operations. 2. Represents the non-cash expense related to stock-ba