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Side-by-side financial comparison of ONESPAWORLD HOLDINGS Ltd (OSW) and Xometry, Inc. (XMTR). Click either name above to swap in a different company.
ONESPAWORLD HOLDINGS Ltd is the larger business by last-quarter revenue ($242.1M vs $192.4M, roughly 1.3× Xometry, Inc.). ONESPAWORLD HOLDINGS Ltd runs the higher net margin — 5.0% vs -4.5%, a 9.5% gap on every dollar of revenue. On growth, Xometry, Inc. posted the faster year-over-year revenue change (29.5% vs 11.5%). ONESPAWORLD HOLDINGS Ltd produced more free cash flow last quarter ($14.9M vs $-5.9M). Over the past eight quarters, Xometry, Inc.'s revenue compounded faster (25.2% CAGR vs 7.1%).
Xometry is an online marketplace for sourcing on-demand manufactured parts for prototyping and large-scale production.
OSW vs XMTR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $242.1M | $192.4M |
| Net Profit | $12.1M | $-8.6M |
| Gross Margin | — | 39.1% |
| Operating Margin | 6.8% | -4.6% |
| Net Margin | 5.0% | -4.5% |
| Revenue YoY | 11.5% | 29.5% |
| Net Profit YoY | -16.2% | 12.7% |
| EPS (diluted) | $0.12 | — |
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.
| Q4 25 | $242.1M | $192.4M | ||
| Q3 25 | $258.5M | $180.7M | ||
| Q2 25 | $240.7M | $162.5M | ||
| Q1 25 | $219.6M | $151.0M | ||
| Q4 24 | $217.2M | $148.5M | ||
| Q3 24 | $241.7M | $141.7M | ||
| Q2 24 | $224.9M | $132.6M | ||
| Q1 24 | $211.2M | $122.7M |
| Q4 25 | $12.1M | $-8.6M | ||
| Q3 25 | $24.3M | $-11.6M | ||
| Q2 25 | $19.9M | $-26.4M | ||
| Q1 25 | $15.3M | $-15.1M | ||
| Q4 24 | $14.4M | $-9.9M | ||
| Q3 24 | $21.6M | $-10.2M | ||
| Q2 24 | $15.8M | $-13.7M | ||
| Q1 24 | $21.2M | $-16.6M |
| 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 24 | — | 39.0% |
| Q4 25 | 6.8% | -4.6% | ||
| Q3 25 | 10.2% | -6.1% | ||
| Q2 25 | 9.2% | -6.3% | ||
| Q1 25 | 7.7% | -10.2% | ||
| Q4 24 | 7.9% | -7.8% | ||
| Q3 24 | 10.3% | -8.1% | ||
| Q2 24 | 8.4% | -11.5% | ||
| Q1 24 | 8.0% | -14.6% |
| Q4 25 | 5.0% | -4.5% | ||
| Q3 25 | 9.4% | -6.4% | ||
| Q2 25 | 8.3% | -16.3% | ||
| Q1 25 | 7.0% | -10.0% | ||
| Q4 24 | 6.6% | -6.7% | ||
| Q3 24 | 8.9% | -7.2% | ||
| Q2 24 | 7.0% | -10.3% | ||
| Q1 24 | 10.0% | -13.5% |
| Q4 25 | $0.12 | — | ||
| Q3 25 | $0.23 | — | ||
| Q2 25 | $0.19 | — | ||
| Q1 25 | $0.15 | — | ||
| Q4 24 | $0.13 | — | ||
| Q3 24 | $0.20 | — | ||
| Q2 24 | $0.15 | — | ||
| Q1 24 | $0.21 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.3M | $219.1M |
| Total DebtLower is stronger | $84.0M | — |
| Stockholders' EquityBook value | $542.6M | $275.6M |
| Total Assets | $707.1M | $703.7M |
| Debt / EquityLower = less leverage | 0.15× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.3M | $219.1M | ||
| Q3 25 | $29.6M | $224.5M | ||
| Q2 25 | $35.0M | $225.8M | ||
| Q1 25 | $22.6M | $231.4M | ||
| Q4 24 | $57.4M | $239.8M | ||
| Q3 24 | $48.8M | $234.0M | ||
| Q2 24 | $62.5M | $240.9M | ||
| Q1 24 | $65.4M | $253.8M |
| Q4 25 | $84.0M | — | ||
| Q3 25 | $85.2M | — | ||
| Q2 25 | $96.2M | — | ||
| Q1 25 | $97.4M | — | ||
| Q4 24 | $98.6M | — | ||
| Q3 24 | $98.7M | — | ||
| Q2 24 | $123.8M | — | ||
| Q1 24 | $138.6M | — |
| Q4 25 | $542.6M | $275.6M | ||
| Q3 25 | $552.8M | $272.0M | ||
| Q2 25 | $548.3M | $270.4M | ||
| Q1 25 | $530.6M | $309.9M | ||
| Q4 24 | $554.5M | $314.5M | ||
| Q3 24 | $540.1M | $315.2M | ||
| Q2 24 | $532.7M | $315.8M | ||
| Q1 24 | $515.5M | $320.4M |
| Q4 25 | $707.1M | $703.7M | ||
| Q3 25 | $732.6M | $698.9M | ||
| Q2 25 | $731.8M | $687.0M | ||
| Q1 25 | $708.7M | $690.1M | ||
| Q4 24 | $746.4M | $680.1M | ||
| Q3 24 | $734.0M | $678.2M | ||
| Q2 24 | $756.8M | $678.6M | ||
| Q1 24 | $763.6M | $692.5M |
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 0.18× | — | ||
| Q1 25 | 0.18× | — | ||
| Q4 24 | 0.18× | — | ||
| Q3 24 | 0.18× | — | ||
| Q2 24 | 0.23× | — | ||
| Q1 24 | 0.27× | — |
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 | $20.0M | $4.4M |
| Free Cash FlowOCF − Capex | $14.9M | $-5.9M |
| FCF MarginFCF / Revenue | 6.2% | -3.0% |
| Capex IntensityCapex / Revenue | 2.1% | 5.3% |
| Cash ConversionOCF / Net Profit | 1.65× | — |
| TTM Free Cash FlowTrailing 4 quarters | $68.4M | $-24.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.0M | $4.4M | ||
| Q3 25 | $33.2M | $5.8M | ||
| Q2 25 | $20.3M | $-427.0K | ||
| Q1 25 | $10.1M | $-3.7M | ||
| Q4 24 | $16.6M | $9.1M | ||
| Q3 24 | $28.6M | $-3.6M | ||
| Q2 24 | $18.7M | $-9.1M | ||
| Q1 24 | $15.0M | $-11.7M |
| Q4 25 | $14.9M | $-5.9M | ||
| Q3 25 | $27.6M | $-1.7M | ||
| Q2 25 | $17.6M | $-7.4M | ||
| Q1 25 | $8.4M | $-9.2M | ||
| Q4 24 | $13.2M | $4.5M | ||
| Q3 24 | $27.5M | $-8.4M | ||
| Q2 24 | $17.6M | $-13.5M | ||
| Q1 24 | $13.7M | $-16.1M |
| Q4 25 | 6.2% | -3.0% | ||
| Q3 25 | 10.7% | -0.9% | ||
| Q2 25 | 7.3% | -4.5% | ||
| Q1 25 | 3.8% | -6.1% | ||
| Q4 24 | 6.1% | 3.1% | ||
| Q3 24 | 11.4% | -6.0% | ||
| Q2 24 | 7.8% | -10.2% | ||
| Q1 24 | 6.5% | -13.1% |
| Q4 25 | 2.1% | 5.3% | ||
| Q3 25 | 2.2% | 4.1% | ||
| Q2 25 | 1.1% | 4.3% | ||
| Q1 25 | 0.8% | 3.6% | ||
| Q4 24 | 1.5% | 3.1% | ||
| Q3 24 | 0.5% | 3.4% | ||
| Q2 24 | 0.5% | 3.3% | ||
| Q1 24 | 0.6% | 3.5% |
| Q4 25 | 1.65× | — | ||
| Q3 25 | 1.36× | — | ||
| Q2 25 | 1.02× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 1.15× | — | ||
| Q3 24 | 1.33× | — | ||
| Q2 24 | 1.19× | — | ||
| Q1 24 | 0.71× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
XMTR
| US | $159.1M | 83% |
| Non Us | $33.3M | 17% |
