Velo3D Inc
velo3d.comWhat Do They Do?
Sells metal additive-manufacturing printers and parts to manufacturers in aerospace, defense and industrial markets, and provides production and engineering services that help customers make metal parts.
10-K for FY2025, filed Mar 31, 2026We are a production-focused metal additive manufacturing technology company that develops and manufactures advanced metal additive…View ↗
Production and engineering services, delivered through our Rapid Production Solutions (“RPS”) offering and Expert Services organization.View ↗
Our Sapphire family of systems (collectively referred to as the “3D Printers”) give our customers who are in space, aviation, defense…View ↗
How Do They Make Money?
Most revenue comes from printer and parts sales; the company also earns revenue from production and engineering services. Printer leases bring in base rent for included hours plus hourly fees for use above that level.
10-K for FY2025, filed Mar 31, 2026We generate revenue through a combination of printer sales and production services.View ↗
Through Rapid Production Solutions, we operate as a production services provider, manufacturing parts for customers using Velo3D-operated…View ↗
Recurring payment transactions are our leased 3D printer transactions. Under the leased 3D printer transaction, the customer typically pays…View ↗
The Recurring Payment transactions, which are structured as operating leases, were 0.2% and 2.6% of revenue for the years ended December…View ↗
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10-K for FY2025, filed Mar 31, 2026
FY2025 revenue by product or service ↗
$46M
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10-K for FY2025, filed Mar 31, 2026
$46M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
3D Printer and parts
Sold outright
10-K for FY2025, filed Mar 31, 2026 |
85% |
3D Printer and parts, FY2025
$39.2M Sources
|
Sold outright |
|
Recurring payment
Mix
|
0.2% |
Recurring payment, FY2025
$70K Sources
|
Mix |
|
Support services
|
13%
FY2022: 7.0%
|
Support services, FY2025
$6.2M Sources
|
|
|
Other
|
1.1% |
Other, FY2025
$524K Sources
|
Who Are Their Customers?
OEMs and contract manufacturers in aerospace, defense and other industrial markets buy its systems and services. The company sells directly and through distribution partners; product sales contracts are between the company and its customers.
10-K for FY2025, filed Mar 31, 2026Our customers range from small- and medium-sized enterprises to Fortune 500 companies in the space, aviation, defense, automotive, energy…View ↗
Our customers include both original equipment manufacturers (“OEMs”) and contract manufacturers (“CMs”) who provide parts and manufacturing…View ↗
We sell our AM solutions directly, as well as through a network of multiple distribution partners. Together, these relationships span much…View ↗
We have entered into partnership agreements with each of our distribution partners, which grant the distribution partner the right to…View ↗
10-K for FY2025, filed Mar 31, 2026
Total Revenue Accounts Receivable, Net Year ended December 31, December 31, 2025 2024 2025 2024 (as a percentage) Customer 1 11.2% <10%…View ↗
Do Revenues Turn Into Profits?
No. It lost $71.4M in FY2025.
10-K for FY2025, filed Mar 31, 2026
−$54.9MView ↗
10-K for FY2025, filed Mar 31, 2026
−$71.4MView ↗
10-K for FY2025, filed Mar 31, 2026
−$30MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 11, 2026
−$11.5MView ↗
- ▼ −13% (Loss)
- vs −$13.3M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 11, 2026
Open tableView ↗
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Aug 11, 2026
Raised 2026 revenue guidance to $65 million to $75 million
Sources
8-K, filed Aug 11, 2026
Increases 2026 revenue guidance to $65 million to $75 million, from $60 million to $70 millionView ↗
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May 12, 2026
Appointed Jim Suva as CFO
Sources
8-K, filed May 12, 2026
Appointed Jim Suva as Chief Financial Officer.View ↗
Growing. Revenue grew 68% in 4 years, from $27.4M in FY2021 to $46M in FY2025, about 14% a year.
Added production services
The older report centered on the integrated printer-and-software solution, with support included in printer transactions. The latest report also describes production services that make parts for customers using its printers and engineering team.
10-K for FY2022, filed Mar 20, 2023
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