Annual report [Section 13 and 15(d), not S-K Item 405]

Cover Page

v3.25.1
Cover Page - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Mar. 27, 2025
Jun. 30, 2024
Document Type 10-K    
Amendment Flag false    
Document Fiscal Year Focus 2024    
Document Fiscal Period Focus FY    
Current Fiscal Year End Date --12-31    
Entity Registrant Name Markforged Holding Corporation    
Entity Current Reporting Status Yes    
Entity Central Index Key 0001816613    
Entity Interactive Data Current Yes    
Entity Filer Category Non-accelerated Filer    
Local Phone Number 496-1805    
Entity File Number 001-39453    
City Area Code 866    
Entity Small Business true    
Entity Emerging Growth Company true    
Entity Shell Company false    
Entity Ex Transition Period false    
Document Period End Date Dec. 31, 2024    
Document Annual Report true    
Document Transition Report false    
Entity Incorporation, State or Country Code DE    
Entity Address, State or Province MA    
Entity Tax Identification Number 92-3037714    
Entity Address, Address Line One 60 Tower Road    
Entity Address, City or Town Waltham    
Entity Address, Postal Zip Code 02451    
Entity Common Stock, Shares Outstanding   20,746,967  
Entity Public Float     $ 54.1
Security Exchange Name NYSE    
Trading Symbol MKFG    
Title of 12(b) Security Common Stock, par value $0.0001 per share    
ICFR Auditor Attestation Flag false    
Entity Well-known Seasoned Issuer No    
Entity Voluntary Filers No    
Documents Incorporated by Reference

Portions of the registrant’s proxy statement for the 2025 annual meeting of stockholders to be filed pursuant to Regulation 14A within 120 days after the registrant’s fiscal year ended December 31, 2024, are incorporated by reference in Part III of this Annual Report on Form 10-K, except with respect to information specifically incorporated by reference in this Annual Report on Form 10-K, the proxy statement is not deemed to be filed as part of this Annual Report on Form 10-K.

   
Auditor Name PricewaterhouseCoopers LLP    
Auditor Location Boston, Massachusetts    
Auditor Firm ID 238    
Document Financial Statement Error Correction [Flag] false    
Auditor Opinion [Text Block]

We have audited the accompanying consolidated balance sheets of Markforged Holding Corporation and its subsidiaries (the "Company") as of December 31, 2024 and 2023, and the related consolidated statements of operations, of comprehensive loss, of changes in stockholders’ equity and of cash flows for the years then ended, including the related notes (collectively referred to as the "consolidated financial statements"). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America.

Substantial Doubt about the Company's Ability to Continue as a Going Concern

The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 1 to the consolidated financial statements, the Company has incurred net losses and negative cash flows from operations that raise substantial doubt about its ability to continue as a going concern. Management's plans in regard to these matters are also described in Note 1. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.