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Side-by-side financial comparison of BALCHEM CORP (BCPC) and Xometry, Inc. (XMTR). Click either name above to swap in a different company.

BALCHEM CORP is the larger business by last-quarter revenue ($263.6M vs $192.4M, roughly 1.4× Xometry, Inc.). BALCHEM CORP runs the higher net margin — 14.9% vs -4.5%, a 19.4% gap on every dollar of revenue. On growth, Xometry, Inc. posted the faster year-over-year revenue change (29.5% vs 9.8%). Over the past eight quarters, Xometry, Inc.'s revenue compounded faster (25.2% CAGR vs 4.9%).

Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.

Xometry is an online marketplace for sourcing on-demand manufactured parts for prototyping and large-scale production.

BCPC vs XMTR — Head-to-Head

Bigger by revenue
BCPC
BCPC
1.4× larger
BCPC
$263.6M
$192.4M
XMTR
Growing faster (revenue YoY)
XMTR
XMTR
+19.7% gap
XMTR
29.5%
9.8%
BCPC
Higher net margin
BCPC
BCPC
19.4% more per $
BCPC
14.9%
-4.5%
XMTR
Faster 2-yr revenue CAGR
XMTR
XMTR
Annualised
XMTR
25.2%
4.9%
BCPC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BCPC
BCPC
XMTR
XMTR
Revenue
$263.6M
$192.4M
Net Profit
$39.2M
$-8.6M
Gross Margin
35.6%
39.1%
Operating Margin
19.8%
-4.6%
Net Margin
14.9%
-4.5%
Revenue YoY
9.8%
29.5%
Net Profit YoY
16.8%
12.7%
EPS (diluted)
$1.21

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BCPC
BCPC
XMTR
XMTR
Q4 25
$263.6M
$192.4M
Q3 25
$267.6M
$180.7M
Q2 25
$255.5M
$162.5M
Q1 25
$250.5M
$151.0M
Q4 24
$240.0M
$148.5M
Q3 24
$239.9M
$141.7M
Q2 24
$234.1M
$132.6M
Q1 24
$239.7M
$122.7M
Net Profit
BCPC
BCPC
XMTR
XMTR
Q4 25
$39.2M
$-8.6M
Q3 25
$40.3M
$-11.6M
Q2 25
$38.3M
$-26.4M
Q1 25
$37.1M
$-15.1M
Q4 24
$33.6M
$-9.9M
Q3 24
$33.8M
$-10.2M
Q2 24
$32.1M
$-13.7M
Q1 24
$29.0M
$-16.6M
Gross Margin
BCPC
BCPC
XMTR
XMTR
Q4 25
35.6%
39.1%
Q3 25
35.7%
39.9%
Q2 25
36.4%
40.1%
Q1 25
35.2%
37.3%
Q4 24
36.0%
39.7%
Q3 24
35.6%
39.4%
Q2 24
35.5%
39.9%
Q1 24
34.0%
39.0%
Operating Margin
BCPC
BCPC
XMTR
XMTR
Q4 25
19.8%
-4.6%
Q3 25
20.4%
-6.1%
Q2 25
20.1%
-6.3%
Q1 25
20.4%
-10.2%
Q4 24
19.8%
-7.8%
Q3 24
20.0%
-8.1%
Q2 24
19.6%
-11.5%
Q1 24
17.4%
-14.6%
Net Margin
BCPC
BCPC
XMTR
XMTR
Q4 25
14.9%
-4.5%
Q3 25
15.1%
-6.4%
Q2 25
15.0%
-16.3%
Q1 25
14.8%
-10.0%
Q4 24
14.0%
-6.7%
Q3 24
14.1%
-7.2%
Q2 24
13.7%
-10.3%
Q1 24
12.1%
-13.5%
EPS (diluted)
BCPC
BCPC
XMTR
XMTR
Q4 25
$1.21
Q3 25
$1.24
Q2 25
$1.17
Q1 25
$1.13
Q4 24
$1.03
Q3 24
$1.03
Q2 24
$0.98
Q1 24
$0.89

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BCPC
BCPC
XMTR
XMTR
Cash + ST InvestmentsLiquidity on hand
$74.6M
$219.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$275.6M
Total Assets
$1.7B
$703.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
XMTR
XMTR
Q4 25
$74.6M
$219.1M
Q3 25
$65.1M
$224.5M
Q2 25
$65.4M
$225.8M
Q1 25
$49.9M
$231.4M
Q4 24
$49.5M
$239.8M
Q3 24
$73.7M
$234.0M
Q2 24
$63.7M
$240.9M
Q1 24
$60.3M
$253.8M
Stockholders' Equity
BCPC
BCPC
XMTR
XMTR
Q4 25
$1.3B
$275.6M
Q3 25
$1.3B
$272.0M
Q2 25
$1.3B
$270.4M
Q1 25
$1.2B
$309.9M
Q4 24
$1.1B
$314.5M
Q3 24
$1.2B
$315.2M
Q2 24
$1.1B
$315.8M
Q1 24
$1.1B
$320.4M
Total Assets
BCPC
BCPC
XMTR
XMTR
Q4 25
$1.7B
$703.7M
Q3 25
$1.7B
$698.9M
Q2 25
$1.7B
$687.0M
Q1 25
$1.6B
$690.1M
Q4 24
$1.6B
$680.1M
Q3 24
$1.6B
$678.2M
Q2 24
$1.6B
$678.6M
Q1 24
$1.6B
$692.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BCPC
BCPC
XMTR
XMTR
Operating Cash FlowLast quarter
$67.3M
$4.4M
Free Cash FlowOCF − Capex
$-5.9M
FCF MarginFCF / Revenue
-3.0%
Capex IntensityCapex / Revenue
5.3%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters
$-24.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
XMTR
XMTR
Q4 25
$67.3M
$4.4M
Q3 25
$65.6M
$5.8M
Q2 25
$47.3M
$-427.0K
Q1 25
$36.5M
$-3.7M
Q4 24
$52.3M
$9.1M
Q3 24
$51.3M
$-3.6M
Q2 24
$45.0M
$-9.1M
Q1 24
$33.4M
$-11.7M
Free Cash Flow
BCPC
BCPC
XMTR
XMTR
Q4 25
$-5.9M
Q3 25
$-1.7M
Q2 25
$-7.4M
Q1 25
$-9.2M
Q4 24
$4.5M
Q3 24
$-8.4M
Q2 24
$-13.5M
Q1 24
$-16.1M
FCF Margin
BCPC
BCPC
XMTR
XMTR
Q4 25
-3.0%
Q3 25
-0.9%
Q2 25
-4.5%
Q1 25
-6.1%
Q4 24
3.1%
Q3 24
-6.0%
Q2 24
-10.2%
Q1 24
-13.1%
Capex Intensity
BCPC
BCPC
XMTR
XMTR
Q4 25
5.3%
Q3 25
4.1%
Q2 25
4.3%
Q1 25
3.6%
Q4 24
3.1%
Q3 24
3.4%
Q2 24
3.3%
Q1 24
3.5%
Cash Conversion
BCPC
BCPC
XMTR
XMTR
Q4 25
1.72×
Q3 25
1.63×
Q2 25
1.23×
Q1 25
0.98×
Q4 24
1.56×
Q3 24
1.52×
Q2 24
1.40×
Q1 24
1.15×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BCPC
BCPC

Human Nutrition And Health$166.1M63%
Animal Nutrition And Health$61.2M23%
Specialty Products$34.8M13%

XMTR
XMTR

US$159.1M83%
Non Us$33.3M17%

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