Velo3D, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 09/30/25 | FY 06/30/25 | FY 03/31/25 | FY 12/31/24 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $46.0M | — | — | — | $41.0M |
| Cost of revenue | $53.4M | — | — | — | $43.1M |
| Gross profit | -$7.4M | — | — | — | -$2.1M |
| Research and development | $10.7M | — | — | — | $15.5M |
| Operating expenses | $47.5M | — | — | — | $76.7M |
| Operating income | -$54.9M | — | — | — | -$78.8M |
| Interest expense | $4.4M | — | — | — | $16.0M |
| Pretax income | -$71.2M | — | — | — | -$69.8M |
| Income tax expense | $117,000 | — | — | — | -$20,000 |
| Net income | -$71.4M | — | — | — | -$69.7M |
| Balance Sheet | |||||
| Cash and equivalents | $39.0M | — | — | — | $1.2M |
| Current assets | $80.1M | — | — | — | $57.7M |
| Total assets | $105.3M | $93.7M | $78.4M | $91.3M | $89.2M |
| Current liabilities | $33.8M | — | — | — | $38.0M |
| Total liabilities | $67.2M | — | — | — | $49.5M |
| Total debt | $34.4M | — | — | — | — |
| Stockholders' equity | $38.2M | $29.9M | $21.4M | $32.8M | $39.7M |
| Cash Flow Statement | |||||
| Cash from operations | -$27.3M | — | — | — | -$32.7M |
| Depreciation and amortization | $3.4M | — | — | — | $4.8M |
| Stock-based compensation | $9.5M | — | — | — | $11.8M |
| Capital expenditure | $2.7M | — | — | — | $9,000 |
| Free cash flow | -$30.0M | — | — | — | -$32.7M |
Shares outstanding 29.8M
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.