Xometry, Inc. (XMTR) shares are soaring 15.17% in pre-market trading on Tuesday following the company's announcement of better-than-expected third-quarter results and an upward revision of its full-year guidance. The on-demand manufacturing marketplace demonstrated robust financial performance, surpassing analyst estimates across key metrics.

For the third quarter of 2025, Xometry reported adjusted earnings per share (EPS) of $0.11, beating the analyst consensus estimate of $0.10. The company's revenue also outperformed expectations, coming in at $180.715 million compared to the projected $168.274 million. This strong top-line growth was driven by a 31% year-over-year increase in marketplace revenue, reaching $166.592 million for the quarter.

Notably, Xometry's adjusted EBITDA for Q3 reached $6.142 million, significantly exceeding the $4.5 million estimate from IBES. The company's marketplace gross margin expanded to a record 35.7%, up 210 basis points year-over-year. In light of these positive results, Xometry has raised its full-year 2025 adjusted EBITDA guidance to a range of $16-$17 million. Looking ahead, the company projects fourth-quarter revenue to be between $182 million and $184 million, signaling continued growth momentum. For the full year 2025, Xometry now expects revenue in the range of $676 million to $678 million, up from previous estimates. These impressive financial metrics and optimistic outlook have fueled investor confidence, contributing to the stock's pre-market rally.