Xometry (XMTR) Operating Margin (2020 - 2026)

Xometry's Operating Margin history runs 7 years deep, the most recent figure standing at 2.54% for Q1 2026.

• In Q1 2026, Operating Margin rose 765.0% year-over-year to 2.54%; the TTM figure through Mar 2026 stood at 4.77% (up 458.0% YoY), while the FY2025 annual figure was 6.63%, up 366.0% from the prior year.
• Operating Margin was 2.54% for Q1 2026 at Xometry, up from 4.56% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 2.54% in Q1 2026 to a low of 27.88% in Q4 2022.
• Historically, Operating Margin has averaged 12.83% across 5 years, with a median of 11.1% in 2023.
• Biggest YoY gain for Operating Margin was 1809 bps in 2023; the steepest drop was 895 bps in 2023.
• A 5-year view of Operating Margin shows it stood at 27.88% in 2022, then jumped by 65 bps to 9.79% in 2023, then advanced by 21 bps to 7.76% in 2024, then soared by 41 bps to 4.56% in 2025, then jumped by 44 bps to 2.54% in 2026.
• The last three Operating Margin figures came in at 2.54% (Q1 2026), 4.56% (Q4 2025), and 6.12% (Q3 2025), per Business Quant data.