Slide 1: Leading the Future of Manufacturing
Leading the Future of Manufacturing Q1 2026 Earnings Presentation May 7, 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: Rapid Growth, Digitizing and Transforming Manufacturing
Rapid Growth, Digitizing and Transforming Manufacturing $205M $78.5M $10.5M 85K+ ~5K Q1 2026 Q1 2026 Q1 2026 Q1 2026 Active FY 2025 Active Revenue Gross Profit Adj. EBITDA Buyers1 Suppliers2 → Q1 2026 → Q1 2026 Gross → Q1 2026 Adj. → Large, rapidly → Leading global Revenue Profit +39% EBITDA $10.5M
Slide 4: Q1 2026 Results and Financial Highlights
Q1 2026 Results and Financial Highlights Strong Q1 2026 Financial Progress on Key Growth Financial Highlights Performance Initiatives Record revenue of $205M +36% YoY Expanding networks of Buyers and Suppliers Active Strong durable growth outlook given driven by 40% Marketplace revenue Buyers +20% Y
Slide 5: Xometry Enters Groundbreaking Strategic Partnership with Siemens
Xometry Enters Groundbreaking Strategic Partnership with Siemens Embedding Xometry’s AI-native platform into the world's leading industrial software ecosystem ⬡ Design to Delivery Xometry Reaches Broader BOM Coverage in a Single Workflow Siemens' Global Engineers Across More Categories Xometry’s pri
Slide 6: Xometry Strategic Partnership with Siemens to Further Drive Growth Initiatives
Xometry Strategic Partnership with Siemens to Further Drive Growth Initiatives Embedding Xometry’s AI-native platform into the world's leading industrial software ecosystem Expanding AI- Expanding Global Deepens Leveraging Profitable Native Network Enterprise Thomas Services Growth Engine Marketplac
Slide 7: Significant Growth at Scale
Annual Revenue Quarterly Revenue $ in millions $ in millions $687 $205 $546 $630 $191 $151 $463 Significant $395 $486 $136 Growth at Scale FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 → $687M FY25 Total Revenue, +26% YoY → $205M Q1 2026 Total Revenue, +36% YoY → $630M FY25 Marketplace Revenue, +30% YoY →
Slide 8: Large and Growing Marketplace of Buyers and Suppliers
Large and Growing Marketplace of Buyers and Suppliers Marketplace growth has been driven by efficiently matching Supplier capacity with Buyer demand Active Buyers1 Active Suppliers2,3 +20% YoY +17% YoY 85,581 4,996 81,821 71,454 4,276 68,267 3,429 55,325 FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 FY 20
Slide 9: Rapidly Growing International Revenue
Rapidly Growing International Revenue → Q1 International revenue growth of 42% YoY. → Long-term target is for International to represent 30-40% of Marketplace revenue. International Expansion and Increasing Percentage of Marketplace Revenue EUROPE Q1 2020 2020 ASIA 2026 EU HQ: Munich, Germany ASIA H
Slide 10: Expanding Wallet Share
Accounts with LTM Spend Revenue from Existing of $50K or More1 Xometry Accounts2 +21% YoY 1,864 Expanding 1,760 98% 98% 98% 96% 97% 1,545 1,495 1,331 Wallet Share, Sticky Buyer Base FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 → Growth in Marketplace Accounts with
Slide 11: Strong Gross Profit Growth, Q1 Marketplace GP +53% YOY
Strong Gross Profit Growth, Q1 Marketplace GP +53% YOY $ in millions Annual Gross Profit and Margin Quarterly Gross Profit and Margin $269 $78.5 $216 $178 $218 $56.3 +34% YoY $66.4 +53% YoY Marketplace Marketplace $163 Gross Profit Gross Profit $43.3 $121 2023 2024 2025 1Q25 1Q26 Marketplace 30.8% 3
Slide 12: Strong Buyer Growth, Improving Advertising Efficiency
Strong Buyer Growth, Improving Advertising Efficiency Active Buyers1 Net Active Buyer Adds Advertising % of Marketplace Revenue 3,760 85,581 3,505 3,539 3,323 3,187 81,821 78,282 5.6% 74,777 5.0% 5.2% 4.5% 71,454 3.9% 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 2Q25 3Q25 4Q25 1Q26 → Q1 20
Slide 13: Strong Q1 2026 Operating Leverage
Strong Q1 2026 Operating Leverage Non-GAAP Expenses as % of Revenue Total Non-GAAP Sales and Operations and Product G&A1,2 Operating Expenses Marketing1,3 Support1,3 Development1,3 44.6% 41.5% 18.4% 17.8% 37.3% 36.5% 33.2% 15.8% 15.3% 14.2% 9.5% 9.0% 8.9% 8.5% 5.0% 11.7% 8.2% 4.5% 10.2% 9.4% 3.7% 8.
Slide 14: Strong Incremental Adj. EBITDA Margin of ~20%
Strong Incremental Adj. EBITDA Financial Margin of ~20% Drivers $ in millions → Consistently Revenue Adj. EBITDA delivered 20%+ incremental $687 Adjusted EBITDA FY23 FY24 FY25 1Q25 1Q26 margin 2023-2025. $546 $463 $18.5 → As we scale to $1B $10.5 in revenue, expect $0.1 $151 $205 incremental Adj $(9
Slide 15: Raising FY2026 Outlook
Raising FY2026 Outlook Q2 2026 FY 2026 → For Q2 2026, expect revenue of → For FY 2026, we are raising our $214-$216 million, representing revenue growth outlook from 32–33% growth year-over-year previous guidance of at least 21% driven by 35-36% marketplace to 27-28% driven by ~30% growth. marketpla
Slide 16: Appendix
Appendix © 2026 Xometry, Inc. and/or its affiliates. All rights reserved. Confidential. 16
Slide 17: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation $ in thousands FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 Revenue $ 463,406 $ 545,529 $ 686,631 $ 150,971 $ 205,138 Adjusted EBITDA: Net loss $ (67,465) $ (50,403) $ (61,748) $ (15,076) $ (5,259) Add (deduct): Interest expense, interest and dividend income and other expen
Slide 18: Reconciliation of Non-GAAP Operating Expenses – Sales and Marketing
Reconciliation of Non-GAAP Operating Expenses – Sales and Marketing $ in thousands FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 Revenue $ 463,406 $ 545,529 $ 686,631 $ 150,971 $ 205,138 GAAP Expense - Sales and Marketing $ 93,688 $ 108,437 $ 122,749 $ 26,435 $ 31,967 Add (deduct): Depreciation and amorti
Slide 19: Reconciliation of Non-GAAP Operating Expenses – Operations and Support
Reconciliation of Non-GAAP Operating Expenses – Operations and Support $ in thousands FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 Revenue $ 463,406 $ 545,529 $ 686,631 $ 150,971 $ 205,138 GAAP Expense - Operations and Support $ 52,372 $ 58,975 $ 72,415 $ 17,090 $ 19,659 Add (deduct): Depreciation and am
Slide 20: Reconciliation of Non-GAAP Operating Expenses – Product Development
Reconciliation of Non-GAAP Operating Expenses – Product Development $ in thousands FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 Revenue $ 463,406 $ 545,529 $ 686,631 $ 150,971 $ 205,138 GAAP Expense - Product Development $ 34,462 $ 39,322 $ 46,792 $ 11,171 $ 11,428 Add (deduct): — Depreciation and amorti
Slide 21: Reconciliation of Non-GAAP Operating Expenses – General and Administrative
Reconciliation of Non-GAAP Operating Expenses – General and Administrative $ in thousands FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 Revenue $ 463,406 $ 545,529 $ 686,631 $ 150,971 $ 205,138 GAAP Expense - General and Administrative $ 70,916 $ 64,957 $ 72,284 $ 17,026 $ 20,654 Add (deduct): Depreciatio
Slide 22: Reconciliation of Non-GAAP Cost of Revenue
Reconciliation of Non-GAAP Cost of Revenue $ in thousands FY 2023 FY 2024 FY 2025 Q1 2025 Q1 2026 Revenue $ 463,406 $ 545,529 $ 686,631 $ 150,971 $ 205,138 Cost of Revenue $ 285,147 $ 329,905 $ 417,858 $ 94,640 $ 126,650 Add (deduct): Depreciation and amortization(1) (172) (731) (735) (182) (177) Co