Skip to main content

Xometry Inc

For the period ended Jun 18, 2025. Filed Apr 29, 2025.

View on SEC.gov

About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Jun 18, 2025 · Filed Apr 29, 2025

XMTR$114.95+5.4%Stored close · as of Nov 6, 2026
See the whole filing, with its images and exhibits

PAY VERSUS PERFORMANCE

As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and certain financial performance and other measures of Xometry. For further information concerning our variable pay-for-performance philosophy and how we align executive compensation with our performance, refer to the “Compensation Discussion and Analysis” above. Our Chief Executive Officer is our principal executive officer, which we refer to as “PEO” in the tables below. The named executive officers are referred to as “NEOs” in the tables below.

Average · Value of Initial Fixed $100Investment Based on:
YearSummaryCompensationTable Totalfor PEO(1)CompensationActually Paidto PEO(2)($)SummaryCompensationTable Totalfor Non-PEONEOs(3)($)AverageCompensationActually Paidto Non-PEONEOs(4)($)TotalShareholderReturn(5)($)Peer GroupTotalShareholderReturn(5)(6)($)Net Income(Loss)(7)(millions)($)CompanySelectedMeasure –Revenue(millions)($)
20243,828,0217,393,7531,702,5602,581,58048.8258.25(50.4)545.5
20231,384,0631,746,0431,771,2982,948,63241.0954.55(67.5)463.4
20223,775,4101,219,1861,552,235(85,068)36.8839.15(79.0)381.1
20213,303,03215,921,5351,148,13510,854,50758.6578.43(61.4)218.3

(1)

Represents amounts of total compensation reported for Mr. Altschuler (our Chief Executive Officer) for each corresponding year in the “Total” column of the Summary Compensation Table. Refer to “Executive Compensation—Summary Compensation Table.”

(2)

Represents the amount of “compensation actually paid” to Mr. Altschuler, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Altschuler during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Mr. Altschuler’s total compensation for each year to determine the compensation actually paid:

Reported · Less · Plus
Summary Compensation · Reported Value of · Equity Award · Compensation
Table Total for PEO · Equity Awards(a) · Adjustments(b) · Actually Paid to PEO
Year($)($)($)($)
20243,828,0212,869,0986,434,8307,393,753
20231,384,063646,2881,008,2671,746,043
20223,775,4103,313,002756,7781,219,186
20213,303,0322,778,16115,396,66415,921,535

(a)

The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year. Refer to “Executive Compensation—Summary Compensation Table.”

(b)

The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in the same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The amounts deducted or added in calculating the equity award adjustments are as follows:

Change · Change in · Fair Value
in Fair Value · Fair Value · Fair Value on · at the End
from End of · as of · the Vesting · of the
Prior Year to · Vesting · Date of Equity · Prior Year of
Year End · End of · Date of · Awards · Equity Awards
Fair Value · Covered Year · Equity · Granted in · that Failed
of Equity · of Equity · Awards · Prior · to Meet · Total
Awards · Awards · Granted · Years that · Vesting · Equity
Granted in · Granted in · and Vested · Vested in · Conditions · Awards
the Year · Prior Years · in the Year · the Year · in the Year · Adjustments
Year($)($)($)($)($)($)
20247,124,561319,076—(1,008,807)—6,434,830
20231,495,384313,083—(800,200)—1,008,267
20223,240,998(1,788,733)—(695,487)—756,778
20215,749,1064,477,287—5,170,271—15,396,664

(3)

Represents the average of the amounts reported for our named executive officers as a group (excluding Mr. Altschuler, who is our Chief Executive Officer) in the “Total” column of the Summary Compensation Table in each applicable year. Refer to “Executive Compensation—Summary Compensation Table.”The names of each of the named executive officers (excluding Mr. Altschuler) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2024, Messrs. Rallo (our former Chief Financial Officer), Miln, Dutt, Goguen and Leibel; (ii) for 2023, Messrs. Rallo, Goguen and Leibel and Ms. Mayerhofer (our former Chief Sales Officer); (iii) for 2022, Messrs. Rallo, Goguen, Leibel and Cronin (our former Chief Revenue Officer); and (iv) for 2021, Messrs. Rallo and Goguen.

(4)

Represents the average amount of “compensation actually paid” to the named executive officers as a group (excluding Mr. Altschuler), as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the named executive officers as a group (excluding Mr. Altschuler) during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to average total compensation for the named executive officers as a group (excluding Mr. Altschuler) for each year to determine the compensation actually paid, using the same methodology described above in footnote 2:

Average Reported
Summary · Less · Plus
Compensation · Average · Average Equity · Average Compensation
Table Total for · Reported Value · Award · Actually Paid to Non-
Non-PEO NEOs · of Equity Awards · Adjustment(a) · PEO NEOs
Year($)($)($)($)
20241,702,5601,097,9681,976,9882,581,580
20231,771,2981,222,1192,399,4542,948,632
20221,552,2351,163,000(474,303)(85,068)
20211,148,135585,80110,292,17310,854,507

(a)

The amounts deducted or added in calculating the total average equity award adjustments are as follows:

Average
Change in
Fair Value
from End of · Average
Prior Year to · Average · Change in · Average Fair
End of · Fair Value · Fair Value on · Value at the
Covered · as of · the Vesting · End of the
Year of · Vesting · Date · Prior Year of
Outstanding · Date of · of Equity · Equity
Average · and Unvested · Equity · Awards · Awards that · Total
Year End Fair · Equity · Awards · Granted in · Failed to · Average
Value of Equity · Awards · Granted · Prior Years · Meet Vesting · Equity
Awards · Granted in · and Vested · that Vested · Conditions · Award
Granted in the · Prior Years · in the Year · in the Year · in the Year · Adjustments
Year($)($)($)($)($)($)
20242,747,150(318,038)—(452,124)—1,976,988
20232,834,599131,850—(566,996)—2,399,454
20221,137,723(1,201,967)—(410,059)—(474,303)
20211,212,2536,814,273—2,265,647—10,292,173

(5)

Cumulative total stockholder return (“TSR”) is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between our stock price at the end and the beginning of the measurement period by our stock price at the beginning of the measurement period. Because our common stock commenced trading on the Nasdaq Global Select Market on June 30, 2021, we have used this date as the beginning of the measurement period.

(6)

Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the 2024 Peer Group described above under “Executive Compensation—Compensation Discussion and Analysis—How We Determine Executive Compensation—2024 Peer Group,” excluding Alteryx, Inc., which was acquired in March 2024. Using the 2023 Peer Group, TSR would be $78.43 for 2021, $39.15 for 2022, $54.55 for 2023, and $58.95 for 2024.

(7)

The dollar amounts reported represent the amount of net income (loss) reflected in our audited financial statements for the applicable year.

Analysis of the Information Presented in the Pay Versus Performance Table

In accordance with Item 402(v) of Regulation S-K, we are providing the following descriptions of the relationships between information presented in the Pay Versus Performance table.

Compensation Actually Paid, Cumulative TSR of Xometry and Cumulative TSR of the Peer Group

The chart below shows the relationship between the compensation actually paid to Mr. Altschuler and the average compensation actually paid to our other named executive officers (besides Mr. Altschuler), on the one hand, to Xometry’s cumulative TSR and the cumulative TSR of the companies in the peer group over the four years presented in the table, on the other.

Compensation Actually Paid and Net Income

The chart below shows the relationship between the compensation actually paid to Mr. Altschuler and the average compensation actually paid to our other named executive officers (besides Mr. Altschuler), on the one hand, to our net income over the four years presented in the table, on the other.

Compensation Actually Paid and Revenue

The chart below shows the relationship between the compensation actually paid to Mr. Altschuler and the average compensation actually paid to our other named executive officers (besides Mr. Altschuler), on the one hand, to our revenue over the four years presented in the table, on the other.

Tabular List of Most Important Performance Measures

The following presents the performance measures that we consider to be the most important in linking compensation actually paid to our named executive officers for 2024 to our performance:

Performance Measure

Revenue (GAAP)

Adjusted EBITDA

Gross Margin

All information provided above under the “Pay Versus Performance” heading will not be deemed to be incorporated by reference into any filing of Xometry under the Securities Act or the Exchange Act, whether made before or after the date hereof and irrespective of any general incorporation language in any such filing, except to the extent we specifically incorporate such information by reference.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.