A company still losing money with growing sales. Institutions are adding.
Going well
Sales up 41% in the latest quarter vs a year ago
Sales up 26% last year
Watch out for
Losing money
Money moves
Insiders sold $2.1M in the last 30 days, all through pre-planned sales
Institutions added 11% to their holdings in the quarter ending June 2026 (168 bought, 121 sold)
Held by Cathie Wood (ARK Invest)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$89.95+1.3% that day
Company value
$4.1B
Share price times all shares
Price vs sales
5.1x
No profit over the last year, so this compares value with sales instead
Cash vs value
1%
Cash as a share of company value
From XMTR's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$229.3M+41% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $807.5M, up 34% from the 12 months before. Over 5 years, sales grew about 37% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of XMTR. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$3.0B
Profit in 5 years$300M
Price these guesses point to$97.51+8.4% vs $89.95 todayAbout +1.6% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 28% a year for 5 years just to match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
0/5Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-20.9%
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-9.0%
MissProfitable every yearSteady profits, not one good year.0 of 7 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$24.1M
MissGross margin 40%+Pricing power: sells for well above what it costs to make.39.1%
Revenue
$686.6M
+25.9% vs prior year
5-year growth
+37.2%/yr
revenue, per year
Current ratio
3.76x
short-term assets / bills due
Free cash flow
-$24.1M
-3.5% of revenue
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: debt under half of equity, share count not growing. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 4
Revenue
$229.3M
+41.1% YoY
Op. margin
-2.4%
+3.9 pts
Gross margin
38.0%
-2.1 pts
Free cash flow
$2.9M
Insider rating
Last 90 days
44Mixed
Pre-planned sales of $2.1M (weaker signal)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend
13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
2.5
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+11.1%
Institutions added 11.1% to their holdings. 168 bought, 121 sold.
Shares held by institutions56.3M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+3.8%
Cash runwayAt last year's cash burn
Cash flow positive
Debt to equityLatest balance sheet: debt compared with what owners have
0.4x · $243.2M debt
Shares outstandingLatest reported
46M
Why moderate risk
Losing money
3 offering filings in 6 months (may sell new shares)
Earnings reports
Last 12
Next reportIn 7 days (est.)Estimated from the same quarter last year
Results filedAug 4
Results filedMay 7
Results filedFeb 24
Results filedNov 4, 2025
Results filedAug 5, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days