Velo3D, Inc.
VELO- Exchange
- Nasdaq
- Industry
- Special Industry Machinery, NEC
- SEC CIK
- 0001825079
No open-market purchases or sales by Velo3D, Inc. insiders were filed in the last 90 days; 134 institutions reported holding it in 13F filings for Q2 2026, worth $212.5M in total; ARK Invest is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 11, 2026, 1:16 AM ET
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 24, 2026 | Mar 31, 2025 | Mar 26, 2024 | Feb 6, 2023 | Mar 2, 2022 |
| Revenue | $46.0M | $41.0M | $77.4M | $80.8M | $27.4M |
| Cost of revenue | $53.4M | $43.1M | $103.7M | $77.9M | $22.5M |
| Gross profit | -$7.40M | -$2.08M | -$26.3M | $2.89M | $4.96M |
| Operating expenses | $47.5M | $80.3M | $107.0M | $107.2M | $62.7M |
| Research and development | $10.7M | $17.1M | $42.0M | $46.3M | $27.0M |
| Selling, general and administrative | $30.1M | $49.3M | $41.7M | $37.0M | $23.4M |
| Operating income | -$54.9M | -$82.3M | -$133.3M | -$104.3M | -$57.8M |
| Interest expense | – | $16.0M | $9.72M | $372.0K | $2.74M |
| Income tax | $117.0K | -$20.0K | $0 | $0 | $0 |
| Net income | -$71.4M | -$73.3M | -$135.1M | $10.0M | -$107.1M |
| EPS, basic | $-4.33 | $-5.77 | $-0.68 | $0.05 | $-1.82 |
| EPS, diluted | $-4.33 | $-5.77 | $-0.68 | $0.05 | $-1.82 |
| Weighted shares, basic | 16.5M | 12.7M | 197.4M | 185.1M | 58.7M |
| Weighted shares, diluted | 16.5M | 12.7M | 197.4M | 202.2M | 58.7M |
| Margins and growth | |||||
| Gross margin | -16.1% | -5.1% | -33.9% | 3.6% | 18.1% |
| Operating margin | -119.5% | -200.8% | -172.1% | -129.1% | -210.5% |
| Net margin | -155.2% | -178.8% | -174.5% | 12.4% | -390.3% |
| Revenue growth, year over year | +12.1% | −47.1% | −4.1% | +194.3% | – |
| Net income growth, year over year | – | – | −1,448.7% | – | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 24, 2026 | Mar 31, 2025 | Mar 26, 2024 | Feb 6, 2023 | Mar 2, 2022 |
| Cash and equivalents | $39.0M | $1.21M | $24.5M | $32.0M | $207.6M |
| Short-term investments | – | – | $6.62M | $48.2M | $15.5M |
| Accounts receivable | $6.26M | $3.72M | $9.58M | $9.19M | $12.8M |
| Inventory | $27.1M | $50.0M | $60.8M | $71.2M | $22.5M |
| Total current assets | $80.1M | $57.7M | $118.1M | $172.9M | $268.1M |
| Property, plant and equipment | $13.1M | $14.3M | $16.3M | $19.8M | $10.0M |
| Total assets | $105.3M | $89.2M | $153.8M | $225.1M | $302.7M |
| Accounts payable | $10.3M | $18.5M | $15.9M | $12.2M | $9.88M |
| Total current liabilities | $33.8M | $38.0M | $48.7M | $46.1M | $46.7M |
| Long-term debt | $31.0M | $5.99M | $44.0M | $8.36M | – |
| Total liabilities | $67.2M | $49.5M | $85.5M | $84.3M | $192.3M |
| Shareholders' equity | $38.2M | $39.7M | $68.3M | $140.8M | $110.4M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 24, 2026 | Mar 31, 2025 | Mar 26, 2024 | Feb 6, 2023 | Mar 2, 2022 |
| Operating cash flow | -$27.3M | -$32.7M | -$105.6M | -$124.0M | -$56.4M |
| Capital expenditures | $2.71M | $9.00K | $1.05M | $13.8M | $9.62M |
| Free cash flow | -$30.0M | -$32.7M | -$106.7M | -$137.8M | -$66.0M |
| Depreciation and amortization | $3.38M | $4.91M | $9.31M | $5.29M | $2.17M |
| Stock-based compensation | $9.51M | $15.4M | $24.9M | $20.1M | $4.37M |
| Investing cash flow | -$2.71M | $7.77M | $38.9M | -$53.0M | -$33.6M |
| Financing cash flow | $67.8M | $1.46M | $59.3M | $1.34M | $282.9M |
| Net change in cash | $37.8M | -$23.5M | -$7.49M | -$175.6M | $192.9M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 20.7% | 37.5% | 32.2% | 24.9% | 15.9% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 5, 2026 | 32.3M | +54.3% | SEC |
| Aug 7, 2026 | 32.1M | +128.5% | SEC |
| May 12, 2026 | 29.8M | −85.8% | SEC |
| Mar 24, 2026 | 26.2M | −87.5% | SEC |
| Oct 3, 2025 | 20.9M | +142.5% | SEC |
| Jul 31, 2025 | 14.1M | +63.2% | SEC |
| May 9, 2025 | 210.2M | −29.0% | SEC |
| Mar 27, 2025 | 210.2M | −19.7% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits. Stock splits since Dec 31, 2020, from 13F share counts: 1-for-35 in Q2 2024.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.