Friday 6 November 2026
Export VELO’s income statement to Excel — free account
Velo3D, Inc.
VELO Technology Computer Hardware
Velo3D, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $46.0 million, up 12.1% from fiscal 2024.
- Revenue
- +52.3%
- EPS
- +60.2%
- Free cash flow
- −731.6%
- Total debt
- −63.6%
Quarter to June 2026, against a year earlier
5.58
0.74
+15.29%
Follow VELO
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | 19 | 27 | 79 | 77 | 41 | 46 | 58 | +19.4% | 73 | 92 | 122 | +38.6% | |
| Gross margin, % | — | — | — | — | 33.55 | 18.07 | 1.07 | (33.92) | (5.08) | (16.11) | 0.54 | (49.7) pt | ||||||
| EBT | — | — | — | — | (22) | (107) | 8 | (135) | (70) | (71) | (52) | +26.7% | ||||||
| EBT margin, % | — | — | — | — | (114.92) | (390.29) | 10.13 | (174.50) | (170.14) | (154.97) | (89.57) | (40.1) pt | ||||||
| Net income | — | 0 | — | — | (22) | (107) | 8 | (135) | (70) | (71) | (52) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | 636.75 | 244.99 | 223.26 | 205.91 | 48.41 | 2.79 | 1.95 | (66.2%) | |||||
| Earnings | — | — | — | — | (731.43) | (956.56) | 22.61 | (356.46) | (82.32) | (4.33) | (2.35) | (64.2%) | ||||||
| Cash flow | — | — | — | — | (887.45) | (503.61) | (351.63) | (280.87) | (38.58) | (1.66) | (1.81) | (71.5%) | ||||||
| Capex | — | — | — | — | (115.07) | (161.60) | (55.08) | (8.53) | 0.01 | (0.16) | (0.18) | (73.0%) | ||||||
| Free cash flow | — | — | — | — | (1,002.52) | (665.21) | (406.71) | (289.41) | (38.57) | (1.82) | (1.99) | (71.7%) | ||||||
| Book value | — | — | — | — | (3,618.15) | 985.85 | 393.71 | 181.71 | 46.83 | 2.31 | 4.98 | n/m | ||||||
| Shares, m | — | — | — | — | 0 | 0 | 0 | 0 | 1 | 16 | 22 | +253.7% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | 0.00 | 0.00 | 43.82 | 0.00 | 0.00 | 0.00 | 0.00 | 7.3 | |||||
| P/S | — | — | — | — | 0.00 | 16.74 | 4.12 | 0.95 | 0.42 | 4.93 | 2.49 | 4.5 | ||||||
| P/B | — | — | — | — | 849.02 | 4.16 | 2.34 | 1.07 | 0.44 | 5.94 | 0.98 | 143.8 | ||||||
| EV/Sales | — | — | — | — | 0.00 | 8.90 | 3.21 | 0.97 | 0.58 | 4.75 | 1.05 | 3.1 | ||||||
| EV/FCF | — | — | — | — | 0.00 | (3.28) | (1.76) | (0.69) | (0.73) | (7.28) | (1.03) | (2.3) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | (26) | (56) | (124) | (106) | (33) | (27) | (53) | +0.7% | |||||
| Capex | — | — | — | — | (3) | (18) | (19) | (3) | 0 | (3) | (5) | (4.6%) | ||||||
| Free cash flow | — | — | — | — | (30) | (75) | (143) | (109) | (33) | (30) | (59) | +0.1% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | 16 | 221 | 125 | 64 | 20 | 46 | 131 | +24.0% | |||||
| Net debt | — | — | — | — | (8) | (215) | (72) | 2 | 4 | (8) | (83) | +1.3% | ||||||
| Shareholders’ equity | — | — | — | — | (108) | 110 | 139 | 68 | 40 | 38 | 147 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | (53.57) | (63.86) | 3.03 | (71.72) | (57.41) | (73.37) | (37.02) | (19.8) pt | |||||
| ROIC | — | — | — | — | 0.00 | 0.00 | (99.48) | (118.37) | (111.62) | (113.82) | (48.97) | (113.8) pt | ||||||
| ROE | — | — | — | — | (675.10) | (8,256.82) | 6.40 | (130.48) | (129.15) | (183.40) | (61.39) | +491.7 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | 193 | 294 | 237 | 105 | 134 | — | (8.7%) | |||||
| Revenue/emp, $m | — | — | — | — | 0.00 | 0.14 | 0.27 | 0.33 | 0.39 | 0.34 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Velo3D, Inc. vs peers in Computer Hardware (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| DDD 3D Systems Corporation | $277.5M | — (loss-making) | — (loss-making) | +8.83% (above 0%: growing) | n/m | +63.05% (above 0%: growing) | 35.03% | (24.66%) | Compare |
| NNDM Nano Dimension Ltd. | $264.3M | — (loss-making) | 209× | +12.10% (above 0%: growing) | n/m | +49.35% (above 0%: growing) | 45.90% | (71.03%) | Compare |
| XTND Xtend AI Robotics, Inc. | $241.9M | — (loss-making) | — (loss-making) | +146.19% (above 0%: growing) | n/m | −24.75% (below 0%: shrinking) | 14.70% | (45.00%) | Compare |
| BGIN Bgin Blockchain Limited | $175.4M | — | — | — | — | — | — | — | Compare |
| VELO Velo3D, Inc. | $155.6M | — (loss-making) | — (loss-making) | +52.25% (above 0%: growing) | n/m | −731.61% (below 0%: shrinking) | 21.50% | (53.53%) | |
| CAN Canaan Inc. Sponsored ADR | $127.3M | — (loss-making) | — (loss-making) | −68.20% (below 0%: shrinking) | n/m | +11.34% (above 0%: growing) | (92.06%) | (192.04%) | Compare |
| OSS One Stop Systems, Inc. | $98.1M | 151× | — (loss-making) | +35.85% (above 0%: growing) | n/m | −269.30% (below 0%: shrinking) | 42.58% | (6.63%) | Compare |
| YIBO Planet Image International Limited | $63.4M | — | — | — | — | −222.46% (below 0%: shrinking) | — | — | Compare |
| QTEX QTREX Quantum Ltd. | $62.2M | — (loss-making) | 12.2× | — | n/m | −1,872.62% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| Median of peers | $151.3M | — | — | +12.10% | — | −24.75% | 24.86% | (34.83%) |