Xometry (XMTR) Operating Margin (2020 - 2026)

Xometry (XMTR) posted quarterly Operating Margin of 2.54% for Q1 2026, up 765.0% year-over-year from 0.29% in Q1 2025, and up 44.21% quarter-over-quarter from 4.56% in Q4 2025.

Xometry (XMTR) Operating Margin (2020 - 2026) Analysis & Trends

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 for Q1 2026 stood at 2.54%, up from 4.56% in the prior quarter.
  • The five-year high for Operating Margin was 2.54% in Q1 2026, with the low at 27.88% in Q4 2022.
  • The 5-year median for Operating Margin is 11.1% (2023), against an average of 12.83%.
  • Peak annual rise in Operating Margin reached 1809 bps in 2023, while the deepest fall reached 895 bps in 2023.
  • Xometry's Operating Margin stood at 27.88% in 2022, then soared by 65 bps to 9.79% in 2023, then gained by 21 bps to 7.76% in 2024, then surged by 41 bps to 4.56% in 2025, then soared by 44 bps to 2.54% in 2026.
  • Business Quant data shows XMTR's Operating Margin at 2.54% in Q1 2026, 4.56% in Q4 2025, and 6.12% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 W.W. Grainger 62.04 Bn 61.46 Bn 1.98 Bn 16.07%
2 Fastenal 59.03 Bn 58.83 Bn 1.06 Bn 21.02%
3 Ferguson Enterprises 47.99 Bn 47.17 Bn 2.32 Bn 8.19%
4 Wesco International 17.78 Bn 16.97 Bn 1.46 Bn 5.73%
5 Applied Industrial Technologies 13.25 Bn 13.08 Bn 380.80 Mn 11.02%
6 Watsco 11.97 Bn 11.50 Bn 578.93 Mn 11.32%
7 Core & Main 8.70 Bn 8.55 Bn 520.00 Mn 9.27%
8 Pool 7.21 Bn 7.18 Bn 540.76 Mn 14.68%
9 Msc Industrial Direct 6.76 Bn 6.69 Bn 430.41 Mn 10.19%
10 Xometry 5.15 Bn 4.63 Bn 87.15 Mn -2.42%

Historic Data

Download Data
DateValue
Jun 30, 2026 -2.42%
Mar 31, 2026 -2.54%
Dec 31, 2025 -4.56%
Sep 30, 2025 -6.12%
Jun 30, 2025 -6.33%
Mar 31, 2025 -10.19%
Dec 31, 2024 -7.76%
Sep 30, 2024 -8.10%
Jun 30, 2024 -11.53%
Mar 31, 2024 -14.55%
Dec 31, 2023 -9.79%
Sep 30, 2023 -11.10%
Jun 30, 2023 -25.27%
Mar 31, 2023 -18.79%
Dec 31, 2022 -27.88%
Sep 30, 2022 -14.67%
Jun 30, 2022 -16.32%
Mar 31, 2022 -22.65%
Dec 31, 2021 -33.64%
Sep 30, 2021 -25.14%