SSYS vs XMTR: How Stratasys and Xometry Compare (2026)

Last updated July 2026

Short answer

XMTR is the larger of the two ($4.67B market cap): the incumbent the market prices for continued execution (61.87x forward earnings, beta 1.27). SSYS is the smaller challenger ($688.44M), cheaper on forward earnings (44.06x): more room to run, but more to prove. The real question is which set of drivers you believe, and whether owning one (or both) leaves you over-concentrated.

SSYS vs XMTR: the tie-breaker metrics

Same yardstick, side by side (as of July 2026). Valuation lined up like this is most meaningful for two names in the same corner of the market, which these are. Figures are approximate; verify before investing.

MetricSSYSXMTRWhat it tells you
Market cap$688.44M$4.67BSize. The larger name is the incumbent; the smaller has more room to grow and more to prove.
Forward P/E44.0661.87Valuation on next year's expected earnings, the same yardstick for both. Lower is cheaper for that growth; higher means the market is paying up.
Beta1.921.27Volatility vs the market. Above 1 swings harder than the index; below 1 is steadier. Higher beta means bigger drawdowns to hold through.
Price vs 52-week range11% of range71% of rangeWhere today's price sits between the 52-week low and high. Near the high is momentum with less margin of safety; near the low is out of favor or a discount, depending on why.
Price / book0.8315.67How much you pay over book value. Very high can signal an asset-light, high-return business or a rich price.

Reading it: SSYS is the cheaper of the two on forward earnings, but cheaper is not the same as better. Pair the valuation with growth (how far the forward P/E sits below the trailing P/E) and risk (beta) before you decide.

Before you buy: how SSYS and XMTR affect your concentration

The metrics above tell you which is the marginally better business. The bigger risk for most people is not picking the slightly worse stock, it is over-concentrating. SSYS and XMTR share themes, so owning both, or adding either to what you already hold, can quietly push a large share of your portfolio into one bet.

This is the part a generic comparison page cannot answer, because it depends on what you own. Connect your brokerage and Walnut shows your real, combined SSYS and XMTR exposure, flags overlap with your existing positions, and tells you if adding one would tip you past a concentration you are comfortable with, read-only by default, with your login staying at your broker. Walnut is not an investment adviser.

What does Stratasys (SSYS) do?

Stratasys designs and sells industrial 3D printers and the materials that run on them, focused on polymer additive manufacturing for prototyping, tooling and end-use parts.

Full SSYS guide

What does Xometry (XMTR) do?

Xometry operates an online marketplace for custom manufacturing, matching buyers who upload a CAD file with a network of independent machine shops and fabricators, and using its own pricing engine to quote instantly.

Full XMTR guide

SSYS vs XMTR: how do they differ?

Both fit overlapping themes, but they are not interchangeable. The useful comparison is which set of drivers and risks you want exposure to.

  • SSYS drivers: Shift from prototyping toward production parts; Recurring materials revenue.
  • XMTR drivers: Marketplace economics; Data advantage compounds.

Which fits which kind of investor

A faster-growing, richer-valued name usually swings harder, so it suits a longer horizon and a higher tolerance for volatility; a steadier, more cash-generative business suits a more conservative or income-minded investor. The honest test is which set of risks you could hold through a drawdown: The additive manufacturing industry has repeatedly grown more slowly than forecast, and Stratasys has faced years of flat or declining revenue as a result. For XMTR, marketplace gross margins are structurally lower than a manufacturer's because Xometry pays the supplier for the work.

SSYS or XMTR: which should you pick?

Growth-minded investors who believe the theme has years to run tend to accept the richer multiple for more upside; value-minded investors lean toward the cheaper forward earnings and steadier profile. Pick SSYS if you believe its drivers more; XMTR if you believe its. Many investors hold both, but since they share themes, that is a concentrated bet, not diversification. Decide deliberately and check overlap. For the full detail, see the SSYS and XMTR guides.

SSYS vs XMTR: the full fundamentals

SSYS. Stratasys is best understood as a company whose addressable market is real but has arrived far more slowly than the sector's early enthusiasm implied. Verify current revenue, margin and cash position before drawing conclusions.

XMTR. Xometry is a marketplace rather than a manufacturer, so judge it on take rate, supplier retention and the trajectory toward profitability rather than on factory utilisation. Verify current figures.

Headline figures (approximate, July 2026): SSYS shows business model Industrial 3D printers plus recurring proprietary materials, primary markets Aerospace, medical, dental, automotive prototyping and tooling, revenue trend Broadly flat to declining in recent years; verify current figures, profitability Has operated around or below breakeven; verify the latest quarter; XMTR shows business model Asset-light manufacturing marketplace with instant quoting, key metrics Take rate, active buyers, supplier network size, capital intensity Low, since production is outsourced to the network, profitability Has prioritised growth; verify the latest quarter.

The bottom line: SSYS vs XMTR

SSYS and XMTR are related but distinct: same themes, different businesses and risks. Neither wins in the abstract; the right pick is whichever thesis you actually believe, sized so you are not over-concentrated in one theme. Walnut can show your combined SSYS and XMTR exposure against your real portfolio. It is not an investment adviser.

Investing in Stratasys with AI

Connect the broker you already use and ask Walnut's AI how SSYS fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.

FAQ

What is the difference between SSYS and XMTR?

+

Stratasys designs and sells industrial 3D printers and the materials that run on them, focused on polymer additive manufacturing for prototyping, tooling and end-use parts. Xometry operates an online marketplace for custom manufacturing, matching buyers who upload a CAD file with a network of independent machine shops and fabricators, and using its own pricing engine to quote instantly. They show up together because they share investment themes, but they are different businesses, so the better fit depends on which thesis you are expressing.

Is SSYS or XMTR the better stock?

+

Neither is universally better. XMTR is the larger incumbent; SSYS is the smaller challenger and looks cheaper on forward earnings. Walnut is informational, not investment advice. Compare what each does, the tie-breaker metrics above, and the risks, then decide which fits your thesis and what you already own.

Which is cheaper, SSYS or XMTR?

+

On forward P/E (as of July 2026), SSYS trades at 44.06x and XMTR at 61.87x, so SSYS is the cheaper of the two on next year's expected earnings. A lower multiple is not automatically the better buy: a richer valuation can be justified by faster growth, and a lower one can reflect real risk. Weigh the multiple against how fast each business is compounding.

Should you own both SSYS and XMTR?

+

Because they share themes, owning both concentrates you in that theme. That can be intentional (a focused bet) or accidental (less diversification than it looks). Walnut can show your combined exposure across both, and whether adding either over-concentrates you, before you buy.

What are the risks of SSYS vs XMTR?

+

SSYS: The additive manufacturing industry has repeatedly grown more slowly than forecast, and Stratasys has faced years of flat or declining revenue as a result. Customer capital budgets for printers are discretionary and get deferred in a downturn. Competition comes from both low-cost entrants and from larger industrial companies, and several rival technologies address the same applications. The company has a history of restructuring and of merger processes that did not complete. XMTR: Marketplace gross margins are structurally lower than a manufacturer's because Xometry pays the supplier for the work. The company has prioritised growth over profitability and its path to sustained profit is the central question. Quality control is harder when you do not own the production, and a bad part is still your customer relationship. Demand tracks manufacturing and engineering budgets, which are cyclical.

Related comparisons

Browse all stock comparisons.

Walnut is informational, not investment advice. This page is descriptive and not a recommendation to buy or sell SSYS or XMTR; figures are approximate and dated (as of July 2026). Verify current data before investing.

    SSYS vs XMTR: How Stratasys and Xometry Compare (2026), Walnut