Record Revenue and Gross Profit
Q4 revenue increased 16% year-over-year to a record $149 million. Marketplace revenue grew 20% year-over-year, driven by 23% growth in active buyers. Q4 gross profit increased 20% year-over-year to a record $59 million.
International Growth
Q4 international growth was robust, increasing 42% year-over-year, reaching a $100 million run rate. Xometry Europe introduced new materials and added dozens of finishes, enhancing customer solutions.
AI-Powered Marketplace Success
Marketplace gross margin expanded 320 basis points year-over-year to a record 34.5% in Q4. AI-driven model improved pricing and matching, contributing to gross profit growth.
Strong Enterprise Performance
Revenue from marketplace accounts with last 12 month spend of at least $500,000 increased by over 40% year-over-year in 2024. Enterprise strategy and investments are delivering strong returns.
Positive Adjusted EBITDA
Achieved positive adjusted EBITDA of $1 million in Q4, marking a $3.9 million improvement year-over-year.