Xometry (XMTR) Operating Expenses (2020 - 2026)
Xometry (XMTR) posted quarterly Operating Expenses of $83.7 million for Q1 2026, up 16.71% year-over-year from $71.7 million in Q1 2025, and little changed quarter-over-quarter from $84.0 million in Q4 2025.
Xometry (XMTR) Operating Expenses (2020 - 2026) Analysis & Trends
Xometry's Operating Expenses history runs 7 years deep, the most recent figure standing at $83.7 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 16.71% year-over-year to $83.7 million; the TTM figure through Mar 2026 stood at $326.3 million (up 17.48% YoY), while the FY2025 annual figure was $314.3 million, up 15.64% from the prior year.
- Operating Expenses for Q1 2026 stood at $83.7 million, roughly flat from $84.0 million in the prior quarter.
- The five-year high for Operating Expenses was $84.0 million in Q4 2025, with the low at $51.9 million in Q1 2022.
- The 5-year median for Operating Expenses is $67.3 million (2024), against an average of $67.3 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 160.97% in 2022, then decreased 4.81% in 2024.
- Xometry's Operating Expenses stood at $61.8 million in 2022, then fell by 0.27% to $61.6 million in 2023, then grew by 14.47% to $70.5 million in 2024, then grew by 19.1% to $84.0 million in 2025, then fell by 0.36% to $83.7 million in 2026.
- Business Quant data shows XMTR's Operating Expenses at $83.7 million in Q1 2026, $84.0 million in Q4 2025, and $83.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 62.04 Bn | 61.46 Bn | 1.98 Bn | 1.18 Bn |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 561.80 Mn |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 1.61 Bn |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 1.02 Bn |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 242.88 Mn |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | 348.99 Mn |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 343.00 Mn |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | 273.08 Mn |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 323.66 Mn |
| 10 | Xometry | 5.15 Bn | 4.63 Bn | 87.15 Mn | 92.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 92.70 Mn |
| Mar 31, 2026 | 83.71 Mn |
| Dec 31, 2025 | 84.01 Mn |
| Sep 30, 2025 | 83.09 Mn |
| Jun 30, 2025 | 75.47 Mn |
| Mar 31, 2025 | 71.72 Mn |
| Dec 31, 2024 | 70.54 Mn |
| Sep 30, 2024 | 67.31 Mn |
| Jun 30, 2024 | 68.17 Mn |
| Mar 31, 2024 | 65.76 Mn |
| Dec 31, 2023 | 61.62 Mn |
| Sep 30, 2023 | 59.45 Mn |
| Jun 30, 2023 | 71.61 Mn |
| Mar 31, 2023 | 59.16 Mn |
| Dec 31, 2022 | 61.79 Mn |
| Sep 30, 2022 | 56.10 Mn |
| Jun 30, 2022 | 53.30 Mn |
| Mar 31, 2022 | 51.89 Mn |
| Dec 31, 2021 | 43.51 Mn |
| Sep 30, 2021 | 28.76 Mn |