# Velo3D, Inc. (VELO)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $504M  
**Price:** $30.56 (+34.74%)

> Velo3D, Inc. is a technology company focused on metal additive manufacturing, designing and producing industrial 3D printing systems for complex, high-value metal parts. Its core offerings include the Sapphire printer family, Flow print-preparation software, and Assure quality assurance tools, which work together as an integrated manufacturing platform. Velo3D serves industries that require precision and reliability, including aerospace, defense, energy, transportation, and industrial manufacturing. The company’s products are used to create mission-critical components such as parts for rockets, jet engines, and fuel systems, supporting applications where design complexity and production consistency are important. Headquartered in Fremont, California, Velo3D is positioned within the advanced manufacturing market as a provider of end-to-end metal printing solutions.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $46M | -$7M | -$55M | -$71M | — |
| 2024 | $41M | -$2M | -$79M | -$70M | — |
| 2023 | $77M | -$26M | -$133M | -$135M | — |
| 2022 | $79M | $843,000 | -$106M | $8M | — |
| 2021 | $27M | $5M | -$58M | -$107M | — |
| 2020 | $19M | $6M | -$21M | -$22M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $105M | $67M | $38M | $39M | $31M |
| 2024 | $89M | $50M | $40M | $1M | $6M |
| 2023 | $154M | $85M | $68M | $24M | $44M |
| 2022 | $223M | $84M | $139M | $32M | $8M |
| 2021 | $303M | $192M | $110M | $208M | — |
| 2020 | $33M | $17M | -$108M | $16M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$27M | $3M | -$30M |
| 2024 | -$33M | $9,000 | -$33M |
| 2023 | -$106M | $1M | -$107M |
| 2022 | -$124M | $14M | -$138M |
| 2021 | -$56M | $10M | -$66M |
| 2020 | -$26M | $401,000 | -$27M |

Source: [CompaniesByCap](https://companiesbycap.com/company/VELO)