Xometry (XMTR) Gross Margin (2020 - 2026)
Xometry (XMTR) posted quarterly Gross Margin of 38.26% for Q1 2026, up 95.0% year-over-year from 19.62% in Q1 2025, and down 2.16% quarter-over-quarter from 39.11% in Q4 2025.
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Xometry (XMTR) Gross Margin (2020 - 2026) Analysis & Trends
Xometry's Gross Margin history runs 7 years deep, the most recent figure standing at 38.26% for Q1 2026.
- In Q1 2026, Gross Margin rose 95.0% year-over-year to 38.26%; the TTM figure through Mar 2026 stood at 39.27% (up 23.0% YoY), while the FY2025 annual figure was 39.14%, down 38.0% from the prior year.
- Gross Margin for Q1 2026 stood at 38.26%, down from 39.11% in the prior quarter.
- The five-year high for Gross Margin was 40.1% in Q2 2025, with the low at 35.14% in Q4 2022.
- The 5-year median for Gross Margin is 39.24% (2023), against an average of 38.82%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 1698 bps in 2022, then tumbled 199 bps in 2023.
- Xometry's Gross Margin stood at 35.14% in 2022, then advanced by 9 bps to 38.3% in 2023, then grew by 4 bps to 39.73% in 2024, then decreased by 2 bps to 39.11% in 2025, then slipped by 2 bps to 38.26% in 2026.
- Business Quant data shows XMTR's Gross Margin at 38.26% in Q1 2026, 39.11% in Q4 2025, and 39.86% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 61.02 Bn | 60.44 Bn | 1.98 Bn | 39.51% |
| 2 | Fastenal | 55.44 Bn | 55.24 Bn | 1.06 Bn | 44.56% |
| 3 | Ferguson Enterprises | 43.50 Bn | 42.68 Bn | 2.32 Bn | 31.02% |
| 4 | Wesco International | 16.20 Bn | 15.39 Bn | 1.46 Bn | 21.85% |
| 5 | Applied Industrial Technologies | 11.97 Bn | 11.84 Bn | 411.22 Mn | 30.40% |
| 6 | Watsco | 11.92 Bn | 11.46 Bn | 578.93 Mn | 27.50% |
| 7 | Core & Main | 8.40 Bn | 8.25 Bn | 520.00 Mn | 27.23% |
| 8 | Pool | 6.68 Bn | 6.64 Bn | 540.76 Mn | 29.66% |
| 9 | Msc Industrial Direct | 6.54 Bn | 6.47 Bn | 430.41 Mn | 41.11% |
| 10 | Xometry | 5.05 Bn | 4.53 Bn | 87.15 Mn | 38.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.01% |
| Mar 31, 2026 | 38.26% |
| Dec 31, 2025 | 39.11% |
| Sep 30, 2025 | 39.86% |
| Jun 30, 2025 | 40.10% |
| Mar 31, 2025 | 37.31% |
| Dec 31, 2024 | 39.73% |
| Sep 30, 2024 | 39.40% |
| Jun 30, 2024 | 39.88% |
| Mar 31, 2024 | 39.04% |
| Dec 31, 2023 | 38.30% |
| Sep 30, 2023 | 38.89% |
| Jun 30, 2023 | 39.24% |
| Mar 31, 2023 | 37.38% |
| Dec 31, 2022 | 35.14% |
| Sep 30, 2022 | 39.49% |
| Jun 30, 2022 | 39.42% |
| Mar 31, 2022 | 39.37% |
| Dec 31, 2021 | 31.20% |
| Sep 30, 2021 | 25.55% |