vs
Side-by-side financial comparison of Millrose Properties, Inc. (MRP) and Xometry, Inc. (XMTR). Click either name above to swap in a different company.
Millrose Properties, Inc. is the larger business by last-quarter revenue ($194.9M vs $192.4M, roughly 1.0× Xometry, Inc.). Millrose Properties, Inc. runs the higher net margin — 63.0% vs -4.5%, a 67.5% gap on every dollar of revenue. On growth, Millrose Properties, Inc. posted the faster year-over-year revenue change (135.7% vs 29.5%).
Millrose Properties, Inc. is a U.S.-based real estate enterprise primarily focused on the acquisition, ownership, operation, and management of income-generating multi-family residential assets. Its core markets span the U.S. Mid-Atlantic and Southeast regions, and it also offers professional property management services to select third-party property owners.
Xometry is an online marketplace for sourcing on-demand manufactured parts for prototyping and large-scale production.
MRP vs XMTR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $194.9M | $192.4M |
| Net Profit | $122.9M | $-8.6M |
| Gross Margin | — | 39.1% |
| Operating Margin | 85.2% | -4.6% |
| Net Margin | 63.0% | -4.5% |
| Revenue YoY | 135.7% | 29.5% |
| Net Profit YoY | 208.7% | 12.7% |
| EPS (diluted) | $0.74 | — |
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.
| Q1 26 | $194.9M | — | ||
| Q4 25 | $189.5M | $192.4M | ||
| Q3 25 | $179.3M | $180.7M | ||
| Q2 25 | $149.0M | $162.5M | ||
| Q1 25 | $82.7M | $151.0M | ||
| Q4 24 | — | $148.5M | ||
| Q3 24 | — | $141.7M | ||
| Q2 24 | — | $132.6M |
| Q1 26 | $122.9M | — | ||
| Q4 25 | $122.2M | $-8.6M | ||
| Q3 25 | $105.1M | $-11.6M | ||
| Q2 25 | $112.8M | $-26.4M | ||
| Q1 25 | $39.8M | $-15.1M | ||
| Q4 24 | — | $-9.9M | ||
| Q3 24 | — | $-10.2M | ||
| Q2 24 | — | $-13.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | 39.1% | ||
| Q3 25 | — | 39.9% | ||
| Q2 25 | — | 40.1% | ||
| Q1 25 | — | 37.3% | ||
| Q4 24 | — | 39.7% | ||
| Q3 24 | — | 39.4% | ||
| Q2 24 | — | 39.9% |
| Q1 26 | 85.2% | — | ||
| Q4 25 | 84.8% | -4.6% | ||
| Q3 25 | 85.3% | -6.1% | ||
| Q2 25 | 85.1% | -6.3% | ||
| Q1 25 | 55.2% | -10.2% | ||
| Q4 24 | — | -7.8% | ||
| Q3 24 | — | -8.1% | ||
| Q2 24 | — | -11.5% |
| Q1 26 | 63.0% | — | ||
| Q4 25 | 64.5% | -4.5% | ||
| Q3 25 | 58.6% | -6.4% | ||
| Q2 25 | 75.7% | -16.3% | ||
| Q1 25 | 48.1% | -10.0% | ||
| Q4 24 | — | -6.7% | ||
| Q3 24 | — | -7.2% | ||
| Q2 24 | — | -10.3% |
| Q1 26 | $0.74 | — | ||
| Q4 25 | $0.74 | — | ||
| Q3 25 | $0.63 | — | ||
| Q2 25 | $0.68 | — | ||
| Q1 25 | $0.39 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $219.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.9B | $275.6M |
| Total Assets | $9.6B | $703.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $35.0M | $219.1M | ||
| Q3 25 | $242.6M | $224.5M | ||
| Q2 25 | $66.6M | $225.8M | ||
| Q1 25 | $89.5M | $231.4M | ||
| Q4 24 | — | $239.8M | ||
| Q3 24 | — | $234.0M | ||
| Q2 24 | — | $240.9M |
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $275.6M | ||
| Q3 25 | $5.9B | $272.0M | ||
| Q2 25 | $5.9B | $270.4M | ||
| Q1 25 | $5.9B | $309.9M | ||
| Q4 24 | — | $314.5M | ||
| Q3 24 | — | $315.2M | ||
| Q2 24 | — | $315.8M |
| Q1 26 | $9.6B | — | ||
| Q4 25 | $9.3B | $703.7M | ||
| Q3 25 | $9.0B | $698.9M | ||
| Q2 25 | $8.0B | $687.0M | ||
| Q1 25 | $7.2B | $690.1M | ||
| Q4 24 | — | $680.1M | ||
| Q3 24 | — | $678.2M | ||
| Q2 24 | — | $678.6M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $4.4M |
| Free Cash FlowOCF − Capex | — | $-5.9M |
| FCF MarginFCF / Revenue | — | -3.0% |
| Capex IntensityCapex / Revenue | — | 5.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-24.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.7B | $4.4M | ||
| Q3 25 | $123.1M | $5.8M | ||
| Q2 25 | $109.1M | $-427.0K | ||
| Q1 25 | $21.3M | $-3.7M | ||
| Q4 24 | — | $9.1M | ||
| Q3 24 | — | $-3.6M | ||
| Q2 24 | — | $-9.1M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 30.05× | — | ||
| Q3 25 | 1.17× | — | ||
| Q2 25 | 0.97× | — | ||
| Q1 25 | 0.53× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MRP
| Option fee revenues | $185.3M | 95% |
| Development loan income | $9.6M | 5% |
XMTR
| US | $159.1M | 83% |
| Non Us | $33.3M | 17% |
