Xometry (Xometry) Gross Margin % : 38.30% (As of Dec. 2023)

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What is Xometry Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Xometry's Gross Profit for the three months ended in Dec. 2023 was $49.1 Mil. Xometry's Revenue for the three months ended in Dec. 2023 was $128.1 Mil. Therefore, Xometry's Gross Margin % for the quarter that ended in Dec. 2023 was 38.30%.

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: 26.17 Max: 38.47
Current: 38.47

During the past 5 years, the highest Gross Margin % of Xometry was 38.47%. The lowest was 18.37%. And the median was 26.17%.

XMTR's Gross Margin % is ranked better than
78.14% of 2937 companies
in the Industrial Products industry
Industry Median: 26.42 vs XMTR: 38.47

Xometry had a gross margin of 38.30% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Xometry was 0.00% per year.

Xometry Gross Margin % Historical Data

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.

* Premium members only.

Xometry Gross Margin % Chart

Xometry Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

18.37

23.54

26.17

38.33

38.47

Xometry Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial												35.14	37.38	39.24	38.89	38.30

Competitive Comparison of Xometry's Gross Margin %

For the Specialty Industrial Machinery 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's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products 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.

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. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	178.3	/	463.406
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(463.406 - 285.147)	/	463.406
	=	38.47 %

Xometry's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	49.1	/	128.145
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(128.145 - 79.06)	/	128.145
	=	38.30 %

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.

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 38.30% for the quarter that ended in Dec. 2023 => 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

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Xometry (Xometry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xometry Inc (NAS:XMTR) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

0N5:Germany

Address

6116 Executive Boulevard, Suite 800, North Bethesda, MD, USA, 20855

Website

https://www.xometry.com

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: (1) the U.S. and (2) International. The majority of the revenue is earned from the U.S. segment.

Executives

James M Rallo	officer: Chief Financial Officer	C/O LIQUIDITY SERVICES INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Matthew Leibel	officer: Chief Technology Officer	7529 STANDISH PLACE, SUITE 200, CO XOMETRY, INC., DERWOOD MD 20855
Bill Cronin	officer: Chief Revenue Officer	180 CONCORD DRIVE, MADISON CT 06824
Emily Rollins	director	C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Peter Goguen	officer: Chief Operating Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855
George Hornig	director	C/O CREDIT SUISSE FIRST BOSTON PRIVATE, 11 MADISON AVE, NEW YORK NY 10010
Katharine Weymouth	director	1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Randolph Altschuler	director, officer: Chief Executive Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855
Laurence Zuriff	director, officer: Chief Strategy Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855
Kathy Mayerhofer	officer: Chief Sales Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD CA 20855
Highland Leaders Fund I, L.p.	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Leaders Fund I Gp, Llc	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Leaders Fund I Gp, L.p.	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners 9 Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners 9-b Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142