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Companies Xometry, Inc.

Xometry (XMTR): executive pay, fiscal 2025

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CEO total pay$4,869,599CEO Randolph Altschuler · source
Say-on-pay support98.4%Latest vote · source
CEO vs. named peers25th pct.Of 17 peer CEOs

CEO pay, last three years

  • $1,384,063FY2023
  • $3,828,021FY2024
  • $4,869,599FY2025

CEO total pay was $4,869,599 in fiscal 2025, up from $3,828,021 in fiscal 2024.

FY2025: salary $486,366 · bonus $0 · stock awards $3,745,106 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Xometry, Inc. in fiscal 2025?
As disclosed, Sanjeev Singh Sahni (President) was the highest-paid executive at Xometry, Inc. in fiscal 2025, with total compensation of $4,991,752.
How does Xometry, Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Randolph Altschuler's total compensation ranked at the 25th percentile of Xometry, Inc.'s disclosed peer group.
How did shareholders vote on Xometry, Inc.'s executive compensation?
As disclosed, 98.4% of shareholders supported Xometry, Inc.'s executive compensation in the latest say-on-pay vote.
How much does Xometry, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, Xometry, Inc. reported total board compensation of $1,223,200 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Sanjeev Singh Sahni$456,462$0$4,125,127$0$409,445$0$718$4,991,752
President
Randolph Altschuler486,36603,745,1060623,068015,0594,869,599
Co-Founder and Chief Executive Officer
James Miln438,28101,872,5520365,906012,1482,688,887
Chief Financial Officer
Subir Dutt409,37501,417,3600537,15505,5002,369,390
Chief Sales Officer
Vaidyanathan Raghavan317,69201,693,3420241,42406,8222,259,280
Chief Technology Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Sanjeev Singh Sahni$4,991,752———
Randolph Altschuler4,869,5993,828,0211,384,063↑ +1,041,578
James Miln2,688,8873,232,565—↓ −543,678
Subir Dutt2,369,3901,692,580—↑ +676,810
Vaidyanathan Raghavan2,259,280———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The Compensation Committee seeks to align total compensation with executive and corporate performance, such that executive compensation may exceed the median level of our peer group when performance exceeds expectations.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantMeridian
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
James MilnPSU2025-03-1114,22340,637—60,956$936,276
Vaidyanathan RaghavanRSU2025-02-27——23,075—623,487
Vaidyanathan RaghavanRSU2025-02-27——20,190—545,534
Randolph AltschulerPSU2025-03-1128,44681,274—121,9111,872,553
Subir DuttPSU2025-03-116,82719,506—29,259449,418
Subir DuttRSU2025-03-11——19,506—449,418
Sanjeev Singh SahniRSU2025-01-23——58,200—1,921,182
Vaidyanathan RaghavanPSU2025-03-117,96522,757—34,136524,321
Sanjeev Singh SahniPSU2025-03-1115,64544,701—67,0521,029,911
Sanjeev Singh SahniRSU2025-01-23——35,566—1,174,034
Subir DuttPSU2025-07-162,6177,478—11,217259,262
James MilnRSU2025-03-11——40,637—936,276
Randolph AltschulerRSU2025-03-11——81,274—1,872,553
Subir DuttRSU2025-07-16——7,478—259,262

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
James Miln$936,276$936,276$050.0%
Vaidyanathan Raghavan1,169,021524,321031.0%
Randolph Altschuler1,872,5531,872,553050.0%
Subir Dutt708,680708,680050.0%
Sanjeev Singh Sahni3,095,2161,029,911025.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Randolph AltschulerRSU2,970—$176,626
Randolph AltschulerOption4,91134.86—
Randolph AltschulerRSU6,161—366,395
Subir DuttRSU7,478—444,717
Randolph AltschulerOption9,19015.82—
Subir DuttRSU10,013—595,473
Vaidyanathan RaghavanRSU14,422—857,676
Subir DuttRSU19,506—1,160,022
Vaidyanathan RaghavanRSU20,190—1,200,699
James MilnRSU20,197—1,201,116
Subir DuttRSU22,727—1,351,575
James MilnRSU24,121—1,434,476
Subir DuttRSU24,428—1,452,733
Subir DuttRSU26,124—1,553,594
James MilnRSU28,724—1,708,216
Vaidyanathan RaghavanRSU30,479—1,812,586
Sanjeev Singh SahniRSU33,566—2,115,110
James MilnRSU40,637—2,416,682
Randolph AltschulerRSU46,163—2,745,314
James MilnRSU54,428—3,236,833
Randolph AltschulerRSU55,133—3,278,760
Sanjeev Singh SahniRSU58,200—3,461,154
Sanjeev Singh SahniRSU59,870—3,560,469
Randolph AltschulerRSU81,274—4,833,365
Randolph AltschulerRSU108,860—6,473,904
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Fabio RosatiIndependent · Board Chair · Compensation Committee · Nominating and Corporate Governance Committee$146,500$131,075———$277,575
Emily RollinsIndependent · Audit Committee (Chair)69,000131,075———200,075
Ranjana ClarkIndependent · Compensation Committee (Chair) · Nominating and Corporate Governance Committee66,500131,075———197,575
Katharine WeymouthIndependent · Audit Committee · Nominating and Corporate Governance Committee (Chair)63,500131,075———194,575
Roy AzevedoIndependent · Audit Committee · Compensation Committee58,750131,075———189,825
Deborah BialIndependent · Not standing for re-election · Departed during FY32,500131,075———163,575
Randolph AltschulerEmployee director—————0

Board fee structure and ownership guideline

Annual cash retainer$45,000
Annual equity retainer$175,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 8,500
Stock ownership guideline—

Total cost of the board

ComponentFY2025
Cash retainers and fees$436,750
Equity awards (grant-date value)$786,450
All other compensation$0
Total cost of the board$1,223,200

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Xometry as a peer

Companies that benchmark against XMTR

3 companies name XMTR as a compensation peer

Each company listed discloses XMTR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named XMTR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

The companies Xometry, Inc. names as compensation peers that name it back in their own disclosed peer groups.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Intapp, Inc.2026John Hall$526,040$17,422,991$0$0$18,548,023
2Upwork Inc.2025Hayden Brown625,00015,153,16501,289,43817,094,702
3Braze, Inc.2026William Magnuson580,00012,776,5160868,78214,230,598
4Payoneer Global Inc.2025John Caplan535,00010,539,9250011,707,037
5PubMatic, Inc.2025Rajeev Goel622,0004,533,6023,259,374655,6809,070,656
6Zuora, Inc.2024Tien Tzuo500,0007,950,0000337,5008,787,500
7ACV Auctions Inc.2025George Chamoun482,5177,400,133007,887,018
8Proto Labs, Inc.2025Suresh Krishna473,8465,612,685600,017489,3727,186,997
9Shutterstock, Inc.2024Paul Hennessy700,0005,871,6700583,8007,176,468
10Zeta Global Holdings Corp.2025David Steinberg750,0001,869,57701,500,0006,083,236
11Transcat, Inc.2026Lee Rudow737,0004,613,9320494,1155,862,200
12Cars.com Inc.2025Tobias Hartmann20,5485,000,005005,000,005
13Xometry, Inc.2025Randolph Altschuler486,3663,745,1060623,0684,869,599
14E2open Parent Holdings, Inc.2025Andrew Appel650,00000356,3632,520,013
15Sprinklr, Inc.2026Rory Read675,00000985,5001,664,700
163D Systems Corporation2025Jeffrey Graves849,800629,750001,487,950
17Box, Inc.2026Aaron Levie162,0000094,912257,076
—Stratasys Ltd.——————not in coverage universe

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Xometry, Inc.not disclosednot disclosednot disclosedMeridian
3D Systems Corporationnot disclosednot disclosedYes — Absolute TSR (aTSR)Meridian
ACV Auctions Inc.not disclosedRSU 61 · PSU 39Yes — relative total shareholder return (rTSR) vs Russell 2000Compensia
Box, Inc.105.5%RSU 50 · PSU 50not disclosedCompensia
Braze, Inc.150%RSU 70 · PSU 30NoCompensia
Cars.com Inc.80.4%PSU 50 · RSU 50NoKorn Ferry (Jan–Jul 2025); Compensia Inc. (Aug 2025 onward)
E2open Parent Holdings, Inc.43.86%RSU 50 · PSU 50NoFW Cook
Intapp, Inc.not disclosednot disclosednot disclosedAlpine Rewards, LLC
Payoneer Global Inc.not disclosedRSU 75 · PSU 25NoCompensia
Proto Labs, Inc.99%PSU 50 · RSU 25 · Options 25Yes — Three-year cumulative TSR performance relative to the Russell 2000 Growth IndexPearl Meyer
PubMatic, Inc.97.6%RSU 75 · Options 25not disclosedFrederic W. Cook & Co., Inc.
Shutterstock, Inc.83.4%not disclosedNoPearl Meyer
Sprinklr, Inc.146.7%RSU 75 · PSU 25Yes — Relative Total Stockholder Return (rTSR)Compensia
Stratasys Ltd.not disclosednot disclosednot disclosednot disclosed
Transcat, Inc.67%PSU 50 · RSU 50NoFrederic W. Cook & Company, Inc.
Upwork Inc.179.4%PSU 60 · RSU 40Yes — Relative TSR CAGRSemler Brossy Consulting Group LLC
Zeta Global Holdings Corp.200%not disclosedNoFW Cook
Zuora, Inc.67.5%not disclosedNoCompensia

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-1670,965,6121,155,51536,88298.4%Passed
20252025-06-1868,132,4942,035,69450,04697.1%Passed
20242024-06-1888,118,0872,481,91534,35797.26%Passed
20232023-06-2090,394,715173,214116,14599.81%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-06-1698.4%a
20252025-06-1897.1%b
20242024-06-1897.26%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Approved under the standard stated in the filing — “This proposal, commonly referred to as the "say-on-pay" vote, must receive " FOR " votes from the holders of a majority of the voting power of the shares present in person, by remote communication, if applicable, or represented by proxy duly authorized at the meeting and voting affirmatively or negatively (excluding abstentions and broker non-votes) on such matter. | Abstentions: No effect”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (51 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Sanjeev Singh Sahni. DEF 14A, filed 2026-04-29. Section “Executive Compensation”. As printed: 4,991,752. View filing ↗
  • Section 01, Randolph Altschuler. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · page 30. As printed: 4,869,599. View filing ↗
  • Section 01, James Miln. DEF 14A, filed 2026-04-29. Section “Executive Compensation”. As printed: 2,688,887. View filing ↗
  • Section 01, Subir Dutt. DEF 14A, filed 2026-04-29. Section “Executive Compensation”. As printed: 2,369,390. View filing ↗
  • Section 01, Vaidyanathan Raghavan. DEF 14A, filed 2026-04-29. Section “Executive Compensation”. As printed: 2,259,280. View filing ↗
  • Section 03, James Miln PSU. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Vaidyanathan Raghavan RSU. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Vaidyanathan Raghavan RSU. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Randolph Altschuler PSU. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Subir Dutt PSU. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Subir Dutt RSU. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Sanjeev Singh Sahni RSU. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Vaidyanathan Raghavan PSU. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Sanjeev Singh Sahni PSU. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Sanjeev Singh Sahni RSU. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Subir Dutt PSU. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, James Miln RSU. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Randolph Altschuler RSU. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Subir Dutt RSU. DEF 14A, filed 2026-04-29. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 08, Fabio Rosati. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 277,575. View filing ↗
  • Section 08, Emily Rollins. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 200,075. View filing ↗
  • Section 08, Ranjana Clark. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 197,575. View filing ↗
  • Section 08, Katharine Weymouth. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 194,575. View filing ↗
  • Section 08, Roy Azevedo. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 189,825. View filing ↗
  • Section 08, Deborah Bial. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 163,575. View filing ↗
  • Section 08, Randolph Altschuler. DEF 14A, filed 2026-04-29. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-06-18. Item 5.07 · say-on-pay result. As reported: 98.4% (votes for as printed: 70,965,612). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-06-20. Item 5.07 · say-on-pay result. As reported: 97.1% (votes for as printed: 68,132,494). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-06-20. Item 5.07 · say-on-pay result. As reported: 97.26% (votes for as printed: 88,118,087). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 436,750 + equity 786,450 + all other 0 = 1,223,200, summed across the director compensation table rows.
  • Intapp, Inc., Section 10b CEO total. DEF 14A, filed 2026-10-06. CEO total compensation as printed in Intapp, Inc.'s own proxy. As printed: 18,548,023. View filing ↗
  • Upwork Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Upwork Inc.'s own proxy. As printed: 17,094,702. View filing ↗
  • Braze, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-18. CEO total compensation as printed in Braze, Inc.'s own proxy. As printed: 14,230,598. View filing ↗
  • Payoneer Global Inc., Section 10b CEO total. DEF 14A, filed 2026-04-27. CEO total compensation as printed in Payoneer Global Inc.'s own proxy. As printed: 11,707,037. View filing ↗
  • PubMatic, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-15. CEO total compensation as printed in PubMatic, Inc.'s own proxy. As printed: 9,070,656. View filing ↗
  • Zuora, Inc., Section 10b CEO total. DEF 14A, filed 2024-05-16. CEO total compensation as printed in Zuora, Inc.'s own proxy. As printed: 8,787,500. View filing ↗
  • ACV Auctions Inc., Section 10b CEO total. DEF 14A, filed 2026-04-16. CEO total compensation as printed in ACV Auctions Inc.'s own proxy. As printed: 7,887,018. View filing ↗
  • Proto Labs, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in Proto Labs, Inc.'s own proxy. As printed: 7,186,997. View filing ↗
  • Shutterstock, Inc., Section 10b CEO total. DEFR 14A, filed 2025-11-20. CEO total compensation as printed in Shutterstock, Inc.'s own proxy. As printed: 7,176,468. View filing ↗
  • Zeta Global Holdings Corp., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Zeta Global Holdings Corp.'s own proxy. As printed: 6,083,236. View filing ↗
  • Transcat, Inc., Section 10b CEO total. DEF 14A, filed 2026-07-23. CEO total compensation as printed in Transcat, Inc.'s own proxy. As printed: 5,862,200. View filing ↗
  • Cars.com Inc., Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Cars.com Inc.'s own proxy. As printed: 5,000,005. View filing ↗
  • Xometry, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-29. CEO total compensation as printed in Xometry, Inc.'s own proxy. As printed: 4,869,599. View filing ↗
  • E2open Parent Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2025-06-18. CEO total compensation as printed in E2open Parent Holdings, Inc.'s own proxy. As printed: 2,520,013. View filing ↗
  • Sprinklr, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-01. CEO total compensation as printed in Sprinklr, Inc.'s own proxy. As printed: 1,664,700. View filing ↗
  • 3D Systems Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in 3D Systems Corporation's own proxy. As printed: 1,487,950. View filing ↗
  • Box, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-13. CEO total compensation as printed in Box, Inc.'s own proxy. As printed: 257,076. View filing ↗
  • Section 10a, Proto Labs, Inc. reciprocity. DEF 14A. Proto Labs, Inc. names Xometry, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, 3D Systems Corporation reciprocity. DEF 14A. 3D Systems Corporation names Xometry, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
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