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
DateValue
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