For the year ending 2025-12-31, XMTR had -$7,236K decrease in cash & cash equivalents over the period. -$24,094K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Segment revenue | 686,631 | 545,529 | - | - |
| Segment cost of revenue | 417,858 | 329,905 | - | - |
| Segment operating expense | - | 226,031 | - | - |
| Segment adjusted operating expense | 250,981 | - | - | - |
| Segment Reporting Other Item Amount | -736 | -731 | - | - |
| Other segment items | -736 | -731 | - | - |
| Adjusted ebitda | 18,528 | -9,676 | - | - |
| Interest expense, interest and dividend income and other expenses | 16,047 | -5,273 | - | - |
| Depreciation and amortization | 18,750 | 13,012 | - | - |
| Amortization of lease intangible | 720 | 720 | - | - |
| (provision) benefit for income taxes | 589 | -21 | - | - |
| Stock-based compensation | 36,362 | 29,322 | - | - |
| Payroll tax expense related to stock-based compensation | 2,465 | 965 | - | - |
| Acquisition and other | 1,164 | 686 | - | - |
| Charitable contribution of common stock | 3,272 | 1,686 | - | - |
| Income from unconsolidated joint venture | 404 | 452 | - | - |
| Impairment of assets | 49 | 82 | - | - |
| Restructuring charges | 1,262 | - | - | 1,549 |
| Net loss | -61,748 | -50,403 | -67,465 | -76,009 |
| Depreciation and amortization | 18,750 | 13,012 | 10,738 | 7,819 |
| Impairment of assets | 49 | 82 | 397 | 824 |
| Reduction in carrying amount of right-of-use asset | 4,638 | 4,458 | 14,355 | 7,236 |
| Lease termination | 14 | - | - | - |
| Stock-based compensation | 36,362 | 29,322 | 22,118 | 19,172 |
| Revaluation of contingent consideration | 0 | 137 | 571 | 817 |
| Loss (income) from unconsolidated joint venture | - | - | - | -130 |
| Income from unconsolidated joint venture | 90 | 42 | 46 | - |
| Donation of common stock | 3,272 | 1,686 | 1,029 | 2,272 |
| Losses on marketable securities | - | - | - | -1,855 |
| Loss on debt extinguishment | -16,430 | - | - | - |
| Loss on sale of property and equipment | 0 | -3 | -92 | -47 |
| Inventory write-off | 0 | - | 223 | 133 |
| Amortization of deferred costs on convertible notes | 2,098 | 1,859 | 1,860 | 1,718 |
| Deferred tax benefit | -84 | -46 | -154 | -653 |
| Accounts receivable, net | 21,809 | 5,749 | 20,594 | 16,923 |
| Inventory | -135 | 1,282 | 1,550 | -351 |
| Prepaid expenses | 2,256 | -599 | -1,669 | 1,616 |
| Other assets | 772 | -4,213 | 80 | 7,016 |
| Accounts payable | - | - | 6,743 | -215 |
| Accounts payable and accrued cost of revenue | 9,160 | -8,706 | - | - |
| Accrued expenses | - | - | 7,453 | 403 |
| Other accrued expenses | 7,440 | 2,681 | - | - |
| Contract liabilities | 2,151 | 681 | -1,404 | 515 |
| Lease liabilities | -6,892 | -6,911 | -5,520 | -5,727 |
| Other liabilities | -24 | 527 | - | - |
| Income taxes payable | -710 | -1,505 | -312 | 743 |
| Net cash provided by (used in) operating activities | 6,086 | -15,384 | -29,877 | -62,575 |
| Purchases of marketable securities | 8,542 | 18,751 | 11,582 | 284,096 |
| Proceeds from sale of marketable securities | 22,000 | 16,500 | 50,000 | 58,927 |
| Purchases of property and equipment | 30,180 | 18,097 | 18,486 | 13,650 |
| Distributions in excess of earnings | 86 | 90 | - | - |
| Proceeds from sale of property and equipment | 0 | 79 | 223 | 189 |
| Cash paid for business combination, net of cash acquired | 0 | - | 3,349 | - |
| Net cash (used in) provided by investing activities | -16,636 | -20,179 | 16,806 | -238,630 |
| Proceeds from issuance of convertible notes | 250,000 | - | - | 287,500 |
| Costs incurred in connection with issuance of convertible notes | 8,650 | - | - | 9,309 |
| Payments for repurchase of convertible notes | 215,992 | - | - | - |
| Purchase of capped calls | 17,475 | - | - | - |
| Purchase of treasury stock | 8,080 | - | - | - |
| Proceeds from stock options exercised | 3,087 | 5,104 | 1,909 | 3,715 |
| Payment of contingent consideration | 0 | 465 | 842 | 932 |
| Payments on finance lease obligations | - | - | - | 2 |
| Net cash provided by financing activities | 2,890 | 4,639 | 1,067 | 280,972 |
| Effect of foreign currency translation on cash and cash equivalents | 424 | -268 | -234 | -367 |
| Net decrease in cash and cash equivalents | -7,236 | -31,192 | -12,238 | -20,600 |
| Cash and cash equivalents at beginning of the year | 22,232 | 53,424 | 65,662 | 86,262 |
| Cash and cash equivalents at end of the year | 14,996 | 22,232 | 53,424 | 65,662 |
Xometry, Inc. (XMTR)
Xometry, Inc. (XMTR)