XMTR (Xometry) Gross Margin %: 38.26% (As of Mar. 2026) — Near Median

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XMTR Xometry Inc XMTR
63 GF Score
Price $98.54
GF Value $42.33
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Xometry Gross Margin %?

Xometry XMTR +2.27% 63 Gross Margin % is 38.26% as of Mar. 2026, which is 0% below its 10-year median of 38.33. GuruFocus rates XMTR with a GF Score™ of 63/100 and a GF Value™ of $42.33 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 155 Industrial Distribution companies, Xometry ranks better than 86.45% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Xometry's Gross Profit for the three months ended in Mar. 2026 was $78.5 Mil. Xometry's Revenue for the three months ended in Mar. 2026 was $205.1 Mil. Therefore, Xometry's Gross Margin % for the quarter that ended in Mar. 2026 was 38.26%.


The historical rank and industry rank for Xometry's Gross Margin % or its related term are showing as below:

XMTR' s Gross Margin % Range Over the Past 10 Years
Min: 18.37   Med: 38.33   Max: 39.53
Current: 39.27


During the past 7 years, the highest Gross Margin % of Xometry was 39.53%. The lowest was 18.37%. And the median was 38.33%.

XMTR's Gross Margin % is ranked better than
86.45% of 155 companies
in the Industrial Distribution industry
Industry Median: 24.34 vs XMTR: 39.27

Xometry had a gross margin of 38.26% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Xometry was 11.40% per year.


Xometry  (NAS:XMTR) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Xometry had a gross margin of 38.26% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Xometry Gross Margin % Related Terms


Xometry Gross Margin % Historical Data

* Premium members only.

The historical data trend for Xometry's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Xometry Gross Margin % Chart

Xometry Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 26.17 38.33 38.47 39.53 39.14

Xometry Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.31 40.10 39.86 39.11 38.26

XMTR vs SITE, REZI, MSM: Gross Margin % Comparison

For the Industrial Distribution subindustry, Xometry's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Xometry Gross Margin % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Xometry's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Xometry's Gross Margin % falls into.


XMTR
63GF Score
Xometry Inc XMTR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xometry Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Xometry's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=268.8 / 686.631
=(Revenue - Cost of Goods Sold) / Revenue
=(686.631 - 417.858) / 686.631
=39.14 %

Xometry's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=78.5 / 205.138
=(Revenue - Cost of Goods Sold) / Revenue
=(205.138 - 126.65) / 205.138
=38.26 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 38.26% mean?
Xometry (XMTR) has a Gross Margin % of 38.26% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Xometry and its competitors. This is near median its historical median of 38.33. Over the past decade, Xometry's Gross Margin % has ranged from 18.37 to 39.53. According to the industry distribution chart, Xometry ranks #21 out of 155 companies in the Industrial Distribution industry, placing it in the top 13.5%.
Is Xometry's Gross Margin % too high?
Xometry's current Gross Margin % of 38.26% is near median its 10-year median of 38.33. Over the past 10 years, this metric has ranged from a low of 18.37 to a high of 39.53. The Industrial Distribution industry median Gross Margin % is 24.34. Xometry's value of 38.26% is 57.2% above this industry median. Based on the distribution chart, Xometry ranks #21 out of 155 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Xometry has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xometry's Gross Margin % compare to SITE and REZI?
According to the Industrial Distribution industry distribution chart, Xometry ranks #21 out of 155 companies for Gross Margin %. This places Xometry in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.34. Xometry's value of 38.26% is 57.2% above this benchmark. Historically, Xometry's own Gross Margin % has ranged from 18.37 to 39.53 over the past decade. While the company's 10-year median is 38.33 vs. the industry median of 24.34, Xometry has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Industrial Distribution company?
The median Gross Margin % among Industrial Distribution companies is 24.34, based on 155 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Xometry's current Gross Margin % of 38.26% is 57.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Xometry and its competitors. For the Industrial Distribution industry, the median Gross Margin % is 24.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xometry's current Gross Margin % is 38.26%, which is near median its own 10-year median of 38.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xometry stock overvalued right now?
Based on GuruFocus' analysis, Xometry (XMTR) is currently considered Significantly Overvalued. The stock's GF Value™ is $42.33, compared to a current price of $98.54 — trading 132.8% above its estimated fair value. The current Gross Margin % is 38.26%, which is near median its 10-year median of 38.33 and 57.2% above the Industrial Distribution industry median of 24.34. Xometry's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Xometry (XMTR), the current Gross Margin % is 38.26% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Xometry (XMTR) Overvalued in 2026?

Based on GuruFocus' analysis, Xometry stock appears to be overvalued. The current stock price of $98.54 is trading 132.8% above its estimated GF Value™ of $42.33. GuruFocus considers Xometry to be Significantly Overvalued.

Key valuation signals for XMTR:

  • Gross Margin %: 38.26% (near median its 10-year median of 38.33)
  • GF Value™: $42.33 vs. price of $98.54 (132.8% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 57.2% above the Industrial Distribution median (#21 of 155)

No single metric tells the full story. See the XMTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xometry Business Description

Other Exchanges 0N5:Germany
Address 6116 Executive Boulevard, Suite 800, North Bethesda, MD, USA, 20852
Xometry Inc is engaged in providing AI-enabled manufacturing equipment. Its buyers include engineers, product designers, procurement and supply chain personnel, inventors, and business owners. The manufacturing processes offered by the company include CNC Machining, Injection Molding, Urethane Casting, 3D Printing, and Die Casting. The company is organized into two segments referred to as the U.S. and the International. The majority of its revenue is derived from the U.S. segment.
63GF Score

Get the complete analysis for XMTR

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$98.54
Price
$42.33
GF Value