Segments

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Segments

(14) Segments

Xometry is organized in two segments referred to as: (1) the U.S. and (2) International (formerly referred to as Europe). Xometry’s operating segments are also the Company’s reportable segments. Xometry’s reportable segments, whose products and offerings are generally the same, are managed separately based on geography. Xometry’s two segments are defined based on the reporting and review process used by the chief operating decision maker (“CODM”), the Chief Executive Officer. The Company evaluates the performance of the operating segments primarily based on revenue and segment “profits/loss” which is largely the results of the segment before income taxes. The Company has not allocated certain general and administrative expenses to the International segment. The Company’s CODM monitors assets of the consolidated Company, but does not use assets, by operating segment when assessing performance or making operating segment resource decisions.

The following tables reflect certain segment information for the three and the six months ended June 30, 2022 and 2021 (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Revenue
U.S.	$	87,675	$	47,228	$	163,724	$	88,526
International		7,940		3,361		15,562		5,984
Total	$	95,615	$	50,589	$	179,286	$	94,510

	Three Months Ended June 30,						Six Months Ended June 30,
	2022			2021			2022			2021
Segment Losses
U.S.	$	(11,222	)	$	(9,440	)	$	(26,245	)	$	(17,602	)
International		(5,331	)		(2,824	)		(10,320	)		(5,163	)
Total	$	(16,553	)	$	(12,264	)	$	(36,565	)	$	(22,765	)