Xometry (XMTR) Research & Development (2020 - 2026)

Xometry (XMTR) recorded quarterly Research & Development of $11.4 million in Q1 2026, down 5.47% quarter-over-quarter from $12.1 million in Q4 2025, and up 2.3% on a YoY basis from $11.2 million in Q1 2025.

Xometry (XMTR) Research & Development (2020 - 2026) Analysis & Trends

Xometry's Research & Development history runs 7 years deep, the most recent figure standing at $11.4 million for Q1 2026.

  • In Q1 2026, Research & Development rose 2.3% year-over-year to $11.4 million; the TTM figure through Mar 2026 stood at $47.0 million (up 15.03% YoY), while the FY2025 annual figure was $46.8 million, up 19.0% from the prior year.
  • Research & Development was $11.4 million for Q1 2026 at Xometry, down from $12.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $12.5 million in Q3 2025 to a low of $7.3 million in Q1 2022.
  • Historically, Research & Development has averaged $9.6 million across 5 years, with a median of $9.3 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Research & Development soared 98.96% in 2022, then increased 2.3% in 2026.
  • A 5-year view of Research & Development shows it stood at $8.3 million in 2022, then gained by 6.94% to $8.9 million in 2023, then climbed by 16.62% to $10.4 million in 2024, then rose by 16.58% to $12.1 million in 2025, then declined by 5.47% to $11.4 million in 2026.
  • The last three Research & Development figures came in at $11.4 million (Q1 2026), $12.1 million (Q4 2025), and $12.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 W.W. Grainger 63.64 Bn 63.46 Bn 1.75 Bn -
2 Fastenal 53.18 Bn 52.87 Bn 982.90 Mn -
3 Ferguson Enterprises 45.51 Bn 44.69 Bn 2.32 Bn -
4 Wesco International 17.33 Bn 16.62 Bn 1.29 Bn -
5 Watsco 14.65 Bn 14.51 Bn 427.56 Mn -
6 Qxo 12.24 Bn 9.19 Bn 409.30 Mn -
7 Applied Industrial Technologies 11.99 Bn 11.82 Bn 380.80 Mn -
8 Core & Main 9.98 Bn 9.84 Bn 428.00 Mn -
9 Pool 7.00 Bn 6.92 Bn 329.87 Mn -
10 Xometry 4.21 Bn 3.98 Bn 78.49 Mn 11.43 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.43 Mn
Dec 31, 2025 12.09 Mn
Sep 30, 2025 12.52 Mn
Jun 30, 2025 11.01 Mn
Mar 31, 2025 11.17 Mn
Dec 31, 2024 10.37 Mn
Sep 30, 2024 9.34 Mn
Jun 30, 2024 10.02 Mn
Mar 31, 2024 9.59 Mn
Dec 31, 2023 8.89 Mn
Sep 30, 2023 8.52 Mn
Jun 30, 2023 8.92 Mn
Mar 31, 2023 8.13 Mn
Dec 31, 2022 8.32 Mn
Sep 30, 2022 7.61 Mn
Jun 30, 2022 7.80 Mn
Mar 31, 2022 7.29 Mn
Dec 31, 2021 5.65 Mn
Sep 30, 2021 4.38 Mn
Jun 30, 2021 4.09 Mn