What is Xometry, Inc.'s R&D?

Xometry, Inc. (XMTR) reported R&D of $11.43M in Q1 2026.

How has Xometry, Inc.'s R&D changed year-over-year?

Xometry, Inc.'s R&D increased by 2.3% year-over-year, from $11.17M to $11.43M.

What is the long-term trend for Xometry, Inc.'s R&D?

Over 4 years (2021 to 2025), Xometry, Inc.'s R&D has grown at a 27.4% compound annual growth rate (CAGR), from $17.78M to $46.79M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Xometry, Inc. XMTR R&D

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Other financials

Income statement

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Revenue$205.1M+35.9%

Gross profit$78.5M+39.3%

Operating income-$5.2M+66.1%

Net income-$5.3M+65.1%

EPS (diluted)-$0.10+66.7%

Balance sheet

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Cash & equivalents$21.0M+35.7%

Total debt$97.0M+889%

Total equity$282.0M-9.0%

Total assets$740.3M+7.3%

Cash flow

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Operating cash flow$14.6M+496%

CapEx$10.3M+126%

Free cash flow-$5.9M—

Valuation

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Market cap$5.07B+68.8%

Profitability

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Gross margin39.3%+0.2pp

Operating margin-4.8%-1.6pp

Net margin-7%-1.1pp

FCF margin-3.5%—

Returns & leverage

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Return on equity-17.5%+2.7pp

Debt / equity0.3×+0.3×

Current ratio1.8×-2.0×

Where this comes from

Reported directly by Xometry, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Xometry, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Xometry, Inc.'s R&D?: Xometry, Inc. (XMTR) reported R&D of $11.43M in Q1 2026.
How has Xometry, Inc.'s R&D changed year-over-year?: Xometry, Inc.'s R&D increased by 2.3% year-over-year, from $11.17M to $11.43M.
What is the long-term trend for Xometry, Inc.'s R&D?: Over 4 years (2021 to 2025), Xometry, Inc.'s R&D has grown at a 27.4% compound annual growth rate (CAGR), from $17.78M to $46.79M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.