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Velo3D (VELO) is a Industrials company in the Russell 2000. Latest news and coverage below.
| FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | $19.0M | $27.4M | $78.7M | $77.4M | $41.0M | $46.0M |
| Growth (year over year) | — | +44.6% | +186.8% | −1.6% | −47.1% | +12.1% |
| Gross profit | $6.37M | $4.96M | $843.0K | −$26.3M | −$2.08M | −$7.40M |
| Gross margin | 33.6% | 18.1% | 1.1% | −33.9% | −5.1% | −16.1% |
| Operating income | −$21.2M | −$57.8M | −$106.3M | −$133.3M | −$78.8M | −$54.9M |
| Operating margin | −111.8% | −210.5% | −135.1% | −172.1% | −192.2% | −119.5% |
| Net income | −$21.8M | −$107.1M | $7.97M | −$135.1M | −$69.7M | −$71.4M |
| Net margin | −114.9% | −390.3% | 10.1% | −174.5% | −170.1% | −155.2% |
| EPS (diluted) | −$8.40 | −$27.30 | $0.60 | −$359.55 | −$82.32 | −$4.33 |
| Balance sheet | ||||||
| Cash and equivalents | $15.5M | $207.6M | $32.0M | $24.5M | $1.21M | $39.0M |
| Total assets | $32.7M | $302.7M | $223.1M | $153.8M | $89.2M | $105.3M |
| Total liabilities | $16.8M | $192.3M | $84.3M | $85.5M | $49.5M | $67.2M |
| Long-term debt | — | — | $8.36M | $44.0M | $5.67M | $31.0M |
| Shareholders' equity | −$107.8M | $110.4M | $138.8M | $68.3M | $39.7M | $38.2M |
| Cash flow | ||||||
| Operating cash flow | −$26.4M | −$56.4M | −$124.0M | −$105.6M | −$32.7M | −$27.3M |
| Capital expenditure | $401.0K | $9.62M | $13.8M | $1.05M | $9.00K | $2.71M |
| Free cash flow | −$26.8M | −$66.0M | −$137.8M | −$106.7M | −$32.7M | −$30.0M |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $8.25M | $12.6M | $9.32M | $13.6M | $13.6M | $9.44M | $13.8M | $20.7M |
| Growth (year over year) | −64.4% | — | −4.8% | +31.2% | +65.4% | −25.2% | +48.2% | +52.3% |
| Gross profit | $4.07M | −$444.0K | $697.0K | −$1.59M | $433.0K | −$6.95M | $2.38M | $4.44M |
| Gross margin | 49.4% | −3.5% | 7.5% | −11.7% | 3.2% | −73.6% | 17.2% | 21.5% |
| Operating income | −$17.6M | −$21.1M | −$11.5M | −$11.6M | −$9.99M | −$21.8M | −$6.95M | −$11.1M |
| Operating margin | −213.8% | −167.0% | −123.6% | −85.4% | −73.3% | −231.0% | −50.3% | −53.5% |
| Net income | −$21.9M | −$21.3M | −$25.0M | −$13.3M | −$11.2M | −$21.9M | −$7.00M | −$11.5M |
| Net margin | −265.3% | −168.5% | −268.4% | −97.7% | −82.0% | −231.9% | −50.7% | −55.7% |
| EPS (diluted) | −$35.52 | $7.06 | −$1.87 | −$0.94 | −$0.65 | −$0.87 | −$0.28 | −$0.39 |
| Balance sheet | ||||||||
| Cash and equivalents | $1.64M | $1.21M | $3.87M | $854.0K | $11.8M | $39.0M | $16.6M | $91.1M |
| Total assets | $110.8M | $89.2M | $91.3M | $78.4M | $93.7M | $105.3M | $92.4M | $200.1M |
| Total liabilities | $76.4M | $49.5M | $58.5M | $57.0M | $63.7M | $67.2M | $40.9M | $53.6M |
| Long-term debt | $32.3M | $5.67M | $21.7M | $5.56M | $23.0M | $31.0M | $9.17M | $8.17M |
| Shareholders' equity | $34.4M | $39.7M | $32.8M | $21.4M | $29.9M | $38.2M | $51.5M | $146.5M |
| Cash flow | ||||||||
| Operating cash flow | −$1.97M | −$2.21M | −$12.3M | −$1.22M | −$6.03M | −$7.74M | −$18.0M | −$21.6M |
| Capital expenditure | $20.0K | −$19.0K | $0 | $1.80M | $313.0K | $603.0K | $940.0K | $3.52M |
| Free cash flow | −$1.99M | −$2.19M | −$12.3M | −$3.02M | −$6.34M | −$8.34M | −$18.9M | −$25.1M |
From Velo3D's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →