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%
Market cap
$155.6M
P/E
0.0×
Fwd P/E
−5.8×
Dividend yield
—
F-score
3/9
Altman Z
−5.35
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 49.54%

Capital & Financial Ratios $m

Size
Market Cap 155.60
Revenue ttm 57.56
Net income ttm (51.59)
Free cash flow ttm (58.67)
Net debt Q (82.97)
Valuation
P/E 0.00
Forward P/E (5.78) (negative: loss-making)
Price / sales 2.49
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.98
Financial health
Current ratio Q 6.33 (at or above 1.5: strong)
Debt / equity Q 0.06 (at or below 0.5: strong)
Interest coverage Q (63.21)
Growth
Revenue growth Q +52.25% (above 0%: growing)
Operating income growth Q +4.61% (above 0%: growing)
EPS, this year +75.52% (at or above 15%: strong)
EPS, next year A +36.56% (at or above 15%: strong)
Revenue, next year A +57.70% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +55.56% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 38.80%
10-year low 10-year high
P/B against its own 10 years 17.47%
10-year low 10-year high
EV/Sales against its own 10 years 15.45%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 31 1 39 91
Receivables 10 4 6 8
Inventory 61 50 27 28
Other 8 1 2 12
113 58 80 156
2023 2024 2025 Q'26
Payables 16 19 10 5
ST’ Debt 21 6 6 3
Other 5 10 9 11
49 38 34 25

Compound Annual Growth %

10y 5y 3y
Sales — 19.36% (16.41%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (34.98%)

EPS $

Mar Jun Sep Dec Year
’26 (0.28) (0.39) — — —
’25 (1.95) (0.98) (0.65) (1.03) (4.33)
’24 (57.66) (0.30) (37.03) (12.43) (82.32)
’23 (99.60) (62.91) (47.18) (146.78) (356.46)
’22 (188.72) 330.25 (214.93) 57.66 20.66
’21 (443.32) (406.97) (1.76k) (41.94) (956.56)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 14 21 — — —
’25 9 14 14 9 46
’24 10 10 8 13 41
’23 27 25 23 2 77
’22 12 20 19 28 79
’21 1 7 9 10 27
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (18) (22) — — —
’25 (12) (1) (6) (8) (27)
’24 (21) (8) (2) (2) (33)
’23 (31) (28) (22) (25) (106)
’22 (30) (39) (23) (32) (124)
’21 (3) (10) (18) (25) (56)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (19) (25) — — —
’25 (12) (3) (6) (8) (30)
’24 (21) (8) (2) (2) (33)
’23 (31) (32) (22) (24) (109)
’22 (36) (44) (29) (35) (143)
’21 (6) (13) (21) (35) (75)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten 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

All 10 years →

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%)

All 46 Computer Hardware stocks →

Velo3D, Inc. (VELO) Latest News

7 Oct

Impact 4 · · MarketBeat

14 May

Impact 4 · · Schaeffer's Investment Research

13 May

Impact 4 · · The Motley Fool
Impact 4 · · Benzinga

12 May

Impact 4 · · PR Newswire
stockrow.com/VELO · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com