Xometry (XMTR) Research & Development (2020 - 2026)
Xometry (XMTR) posted quarterly Research & Development of $32.0 million for Q1 2026, up 186.16% year-over-year from $11.2 million in Q1 2025, and down 63.69% quarter-over-quarter from $88.0 million in Q4 2025.
Analysis
Xometry (XMTR) Research & Development (2020 - 2026) Analysis & Trends
Xometry's Research & Development history runs 7 years deep, the most recent figure standing at $32.0 million for Q1 2026.
- In Q1 2026, Research & Development rose 186.16% year-over-year to $32.0 million; the TTM figure through Mar 2026 stood at $182.4 million (up 219.63% YoY), while the FY2025 annual figure was $122.7 million, up 13.2% from the prior year.
- Research & Development for Q1 2026 stood at $32.0 million, down from $88.0 million in the prior quarter.
- The five-year high for Research & Development was $88.0 million in Q4 2025, with the low at $7.3 million in Q1 2022.
- The 5-year median for Research & Development is $18.1 million (2022), against an average of $22.6 million.
- The sharpest annual moves came in 2022 and 2023: Research & Development surged 343.53% in 2022, then plunged 60.2% in 2023.
- Xometry's Research & Development stood at $37.5 million in 2022, then sank by 32.37% to $25.4 million in 2023, then climbed by 4.62% to $26.5 million in 2024, then surged by 231.67% to $88.0 million in 2025, then sank by 63.69% to $32.0 million in 2026.
- Business Quant data shows XMTR's Research & Development at $32.0 million in Q1 2026, $88.0 million in Q4 2025, and $32.6 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 61.57 Bn | 60.99 Bn | 1.98 Bn | - |
| 2 | Fastenal | 55.95 Bn | 55.75 Bn | 1.06 Bn | - |
| 3 | Ferguson Enterprises | 43.13 Bn | 42.31 Bn | 2.32 Bn | - |
| 4 | Wesco International | 16.48 Bn | 15.68 Bn | 1.46 Bn | - |
| 5 | Watsco | 11.92 Bn | 11.46 Bn | 578.93 Mn | - |
| 6 | Applied Industrial Technologies | 11.91 Bn | 11.79 Bn | 411.22 Mn | - |
| 7 | Core & Main | 8.34 Bn | 8.19 Bn | 520.00 Mn | - |
| 8 | Pool | 6.60 Bn | 6.57 Bn | 540.76 Mn | - |
| 9 | Msc Industrial Direct | 6.54 Bn | 6.47 Bn | 430.41 Mn | - |
| 10 | Xometry | 5.02 Bn | 4.51 Bn | 87.15 Mn | 33.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.59 Mn |
| Mar 31, 2026 | 31.97 Mn |
| Dec 31, 2025 | 33.88 Mn |
| Sep 30, 2025 | 32.65 Mn |
| Jun 30, 2025 | 29.78 Mn |
| Mar 31, 2025 | 26.44 Mn |
| Dec 31, 2024 | 26.55 Mn |
| Sep 30, 2024 | 27.20 Mn |
| Jun 30, 2024 | 27.49 Mn |
| Mar 31, 2024 | 27.20 Mn |
| Dec 31, 2023 | 25.37 Mn |
| Sep 30, 2023 | 23.21 Mn |
| Jun 30, 2023 | 22.67 Mn |
| Mar 31, 2023 | 22.44 Mn |
| Dec 31, 2022 | 25.53 Mn |
| Sep 30, 2022 | 21.42 Mn |
| Jun 30, 2022 | 18.15 Mn |
| Mar 31, 2022 | 19.29 Mn |
| Dec 31, 2021 | 13.17 Mn |
| Sep 30, 2021 | 9.83 Mn |