| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 13.64 | 0.5% | 65.3% |
| Total Income | 13.64 | 0.5% | 65.3% |
| Expenditure | 24.27 | 5.4% | 10.1% |
| PBT | -11.84 | 13.4% | 48.2% |
| Net Profit | -11.83 | 14.0% | 48.3% |
| OPM | -77.93% | 11.14pp | |
| NPM | -86.69% | ||
| EPS | -0.69 | 29.6% | 72.1% |
Velo3D Reports Q3 2025 Revenue of $13.6 Million
04 May 2026 · 4 May, 7:32 am
Summary
Velo3D announced its third-quarter 2025 financial results, with revenue reaching $13.6 million. The company's 3D printer and parts revenue increased compared to the third quarter of 2024, driven by product mix and the number of systems sold. Gross margin for the third quarter was 3.2%, compared to 49.4% in the third quarter of 2024, which included a one-off license revenue of $5 million. Management reaffirms expectations for full-year 2025 revenue in the range of $50 million to $60 million and expects to achieve EBITDA profitability in the first half of 2026.
Key Highlights
- 1
Velo3D reported revenue of $13.6 million for the third quarter of 2025.
- 2
The company's backlog reached $21.1 million as of September 30, 2025.
- 3
Velo3D reaffirms its expectation for 2025 revenue to be between $50 and $60 million.
- 4
The company continues to expect to be EBITDA positive in the first half of 2026.
- 5
Rapid Production Services (RPS) backlog increased by 22% quarter over quarter.
- 6
Signed sales and service agreements valued at $6 million to develop and qualify copper nickel alloy (CuNi) for use in its line of Sapphire printers.
Management Comments
Arun Jeldi
"Our third-quarter results reflect the progress we are making in strengthening our operational efficiency and positioning the Company for sustained growth and profitability," said Arun Jeldi, CEO of Velo3D. "We are encouraged by the commercial market response to our Rapid Production Services (RPS), which is leading to repeat customer orders, new customer signings and strategic agreements across aerospace and defense. Recent partnerships, including the U.S. Navy Maritime Industrial Base Program, the U.S. Army DEVCOM AvMC initiative and Linde AMT, strengthen our backlog and support the delivery of high-value, cost-effective production capabilities. Through disciplined cost management and targeted investments, we are improving margins and moving toward positive EBITDA in the first half of 2026 while scaling our technology for long-term growth."
Informational and educational content only. Not investment advice.