Xometry reported second quarter 2026 financial results with record revenue of $229 million, a 41% year-over-year increase. Marketplace revenue grew 45% to $215 million, while gross profit reached a record $87.2 million. Adjusted EBITDA improved significantly by $10.2 million year-over-year to $14.1 million, and non-GAAP net income was $9.9 million compared to $1.1 million in the prior year period. The company raised $248 million in net proceeds from an equity follow-on offering in June, ending the quarter with $517 million in cash and marketable securities. Xometry provided Q3 2026 revenue guidance of $234-$236 million and raised its full-year 2026 revenue growth outlook to 33-34%. The company operates as an AI-native online marketplace connecting buyers with suppliers for custom manufacturing services.

Xometry filed an amendment to disclose revised compensatory terms for CEO Sanjeev Singh Sahni’s employment agreement effective July 1, 2026. The amendment increases severance benefits upon qualifying termination without cause or change of control. Non-change-of-control scenarios now provide 12 months of base salary and continued equity vesting for 12 months. Change-of-control triggers include 18 months of salary, 150% of target bonus, full acceleration of unvested equity, and 24 months of COBRA coverage. A one-time cash bonus of $400,000 is subject to accelerated payment upon change-of-control termination before December 31, 2026, with revised clawback provisions for the first year. Xometry operates in the manufacturing technology industry, providing on-demand digital manufacturing services.

Xometry, Inc. filed an 8-K/A to supplement compensatory terms for Sanjeev Singh Sahni (CEO) and Randolph Altschuler (Executive Chair) effective July 1, 2026. Mr. Sahni's base salary will increase to $600,000 with a 100% bonus target and a $3,600,000 RSU award, plus a $400,000 one-time cash bonus. Mr. Altschuler's base salary will decrease to $400,000 with a 75% bonus target. Xometry, Inc. operates in the digital manufacturing marketplace industry and provides an AI-driven platform for on-demand manufacturing services.