Xometry (XMTR) Operating Expenses (2020 - 2026)
Xometry (XMTR) recorded quarterly Operating Expenses of $83.7 million in Q1 2026, little changed quarter-over-quarter from $84.0 million in Q4 2025, and up 16.71% on a YoY basis from $71.7 million in Q1 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 was $83.7 million for Q1 2026 at Xometry, roughly flat from $84.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $84.0 million in Q4 2025 to a low of $51.9 million in Q1 2022.
- Historically, Operating Expenses has averaged $67.3 million across 5 years, with a median of $67.3 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 160.97% in 2022, then slipped 4.81% in 2024.
- A 5-year view of Operating Expenses shows it stood at $61.8 million in 2022, then retreated by 0.27% to $61.6 million in 2023, then increased by 14.47% to $70.5 million in 2024, then increased by 19.1% to $84.0 million in 2025, then retreated by 0.36% to $83.7 million in 2026.
- The last three Operating Expenses figures came in at $83.7 million (Q1 2026), $84.0 million (Q4 2025), and $83.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 1.11 Bn |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 535.30 Mn |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 1.61 Bn |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 947.60 Mn |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 322.85 Mn |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | 661.20 Mn |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 242.88 Mn |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 310.00 Mn |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 247.26 Mn |
| 10 | Xometry | 4.21 Bn | 3.98 Bn | 78.49 Mn | 83.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 23.68 Mn |