Xometry, Inc.'s stock soared 41.49% during intraday trading on Thursday, driven by a powerful combination of exceptional quarterly results and a transformative strategic partnership.

The surge follows the company's announcement of record first-quarter 2026 financial results that significantly exceeded analyst expectations. Xometry reported adjusted earnings per share of $0.12, beating the consensus estimate of $0.10, while revenue of $205.138 million surpassed expectations of $188.074 million. Adjusted EBITDA of $10.485 million also topped forecasts.

Concurrently, the company raised its full-year 2026 revenue growth outlook to 27-28% from previous guidance and provided strong second-quarter guidance. The positive momentum was further amplified by the announcement of a strategic partnership with Siemens, which includes an approximately $50 million minority investment in Xometry. The partnership aims to integrate Xometry's AI-driven manufacturability and supply chain intelligence directly into the Siemens Xcelerator software platform, significantly expanding its enterprise reach.