Global on-demand manufacturing platform Xometry reported Q1 2026 financial results: revenue of $205 million, up 36% year-over-year, a record high; adjusted EBITDA reached $10.5 million, a significant improvement of over $10 million compared to just $100,000 in the prior-year period. Core marketplace revenue was $191 million, up 40% year-over-year, with gross margin rising from 31.8% to 34.7%. Active buyers reached 85,581, a 20% increase year-over-year. The company also announced a strategic partnership with Siemens, which invested approximately $50 million to purchase Xometry Class A common stock and integrate Xometry's manufacturability analysis, pricing, and procurement capabilities into the Siemens Xcelerator industrial software platform, enabling engineers to receive instant quotes and supplier matching at the design stage. The company's full-year revenue growth target was raised from 21% to 27-28%.