Xometry Inc (NASDAQ: XMTR) is an online manufacturing marketplace company that connects buyers of custom manufactured parts with a network of suppliers, using AI-driven pricing and job-matching technology to digitize the sourcing and production workflow. Revenue comes from transactional marketplace fees on orders placed through the platform, supplemented by advertising and marketing services sold to suppliers through the Thomasnet industrial sourcing platform, plus financial services and software subscriptions via its Workcenter cloud-based manufacturing execution system. As of FY2025, the platform served 81,821 Active Buyers (up 20% year-over-year) and 4,996 Active Suppliers (up 17% year-over-year), competing in a highly fragmented custom manufacturing industry against both traditional contract manufacturers and other digital sourcing platforms. The company was founded and is headquartered in the United States, and operates globally with a stated focus on helping buyers build locally resilient supply chains.
- Revenue model
- Transactional marketplace fees on custom manufacturing orders, advertising and marketing services through the Thomasnet platform, financial services offered to suppliers, and Workcenter software subscriptions for manufacturing execution.
- Products and services
- Xometry Marketplace (AI-driven quoting, supplier matching, and order execution for custom manufactured parts), Thomasnet industrial advertising and marketing platform, Workcenter cloud-based manufacturing execution system and partner mobile application, financial services for suppliers, and quality assurance and certification services.
- Customers and end markets
- Buyers of custom manufactured parts including enterprise customers building resilient supply chains, and small-to-medium-sized manufacturers (suppliers) seeking consistent order flow, capacity utilization tools, financing, and marketing services. End markets include any industry requiring custom manufactured components.
- Value-chain role
- Two-sided marketplace intermediary sitting between buyers of custom manufactured parts and a distributed supplier network, providing AI-powered pricing, job matching, workflow execution, and ancillary supplier services.
- Geographic exposure
- Global operations with a stated focus on geographic coverage expansion; specific revenue breakdown by geography not disclosed in the excerpts provided.
Source: SEC 10-K, filed 2026-02-24
Industry:
Services-Business Services, NEC
Peers:
Amazon.com Inc
Revolve Group Inc
Chewy Inc
DoorDash Inc
eBay Inc
ETSY Inc
Bed Bath & Beyond Inc
Poshmark, Inc.
Vivid Seats Inc
Wayfair Inc