Xometry, Inc. (XMTR) saw its stock price surge 6.74% in pre-market trading on Tuesday, following the release of its fourth-quarter financial results and a leadership transition announcement.

The significant pre-market gain is primarily attributed to the company reporting record Q4 2025 results that exceeded analyst expectations. Xometry announced quarterly revenue of $192.4 million, a 30% year-over-year increase and a beat versus the consensus estimate. Adjusted EBITDA for the quarter rose substantially to $8.4 million, also surpassing forecasts. Concurrently, the company announced a CEO succession plan, with current CEO and co-founder Randy Altschuler set to transition to Executive Chair of the board, and President Sanjeev Singh Sahni appointed to succeed him as CEO effective July 1, 2026.

The strong quarterly performance was driven by robust marketplace growth, with revenue in that segment accelerating to 33% year-over-year. The company also provided optimistic guidance for Q1 2026, expecting revenue between $187 million and $189 million. The combination of outperforming financial metrics and a planned, orderly leadership transition appears to have bolstered investor confidence, leading to the sharp pre-market appreciation.