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Companies / Industrials / Velo3D, Inc.
VELO

Velo3D, Inc.

IndustrialsIndustrial Machinery
Ticker VELOFREMONT, CAFiscal year ends DecemberBook value per share $5.38Diluted shares 27.2M

Velo3D, Inc. (NASDAQ: VLD) is a production-focused metal additive manufacturing technology company that develops and manufactures advanced metal additive manufacturing systems and provides production and engineering services enabling customers to manufacture high-value metal parts at scale. The company's website is… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$45.97M
+12.1% year over year
Last 12 mo $57.56M
-119.46%
+72.7 percentage points
Last 12 mo -84.99%
$-71.36M
−2.3% year over year
Last 12 mo $-50.70M
-187.03%
−11.2 percentage points
Last 12 mo -34.60%
Cash & financing
$-27.33M
+16.4% year over year
Last 12 mo $-53.30M
$-30.04M
+8.1% year over year
Last 12 mo $-58.67M
0.82
Was 0.20× a year earlier
Last 12 mo 0.06
16.5M
+1845.9% year over year
Last 12 mo 27.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Velo3D, Inc. does

In the company’s own words

Velo3D, Inc. (NASDAQ: VLD) is a production-focused metal additive manufacturing technology company that develops and manufactures advanced metal additive manufacturing systems and provides production and engineering services enabling customers to manufacture high-value metal parts at scale. The company's website is www.velo3d.com.

The company operates through two complementary business models: equipment sales consisting primarily of its Sapphire family of metal additive manufacturing systems and associated software, and production and engineering services delivered through its Rapid Production Solutions offering and Expert Services organization. For the fiscal year ended December 31, 2025, approximately 56 percent of revenue was derived from defense-related programs, 24 percent from aerospace and aviation programs, and the remaining 20 percent from energy, semiconductor and other industrial applications.

Velo3D's core technology platform combines Flow print preparation software, the Sapphire family of metal additive manufacturing systems, Assure quality assurance software, and the company's proprietary Intelligent Fusion manufacturing process. The Sapphire product line includes multiple generations of laser powder bed fusion systems with varying build chamber sizes, including the original Sapphire, Sapphire XC with extra capacity, and 1MZ variants with extended height capabilities. These systems support production of metal parts from sixteen different alloys including aluminum, titanium, nickel-alloys and stainless steel.

The company serves customers ranging from small and medium-sized enterprises to Fortune 500 companies across space, aviation, defense, automotive, energy and industrial markets. Notable customers include RTX Corporation, Honeywell International, Lockheed Martin Corporation, Ursa Major Technologies and Lam Research Corporation. Velo3D's competitive strengths include its proprietary laser powder bed fusion technology capable of producing complex internal geometries without support structures, established relationships with blue chip customers, a fully integrated turnkey solution, deep intellectual property protections including 57 issued patents and 34 pending patent applications, and a capital-efficient business model emphasizing final assembly and testing rather than heavy manufacturing infrastructure.

Company details
Sector
Industrials
Industry
Industrial Machinery
Headquarters
FREMONT, CA
Fiscal year end
December
CIK
1825079
SIC
3559

Financial performance, year by year

Fiscal 2021–2025 · USD
$-156.52M$-92.37M$-28.22M$35.94M$100.09M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Velo3D, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

59
funds hold it
1 of 35
superinvestors hold it
$67.21M
held by funds, at market
10.8%
of shares held by funds

Superinvestors in Velo3D, Inc. · what they did last quarter

Polen CapitalINCREASED +21.1%
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Velo3D, Inc.’s weight in each

Tema Space Innovators ETF
NASA · Tema ETF Trust
0.87%of fund net assets
0.44%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Velo3D, Inc. and its peers compare on margins and cash generation over ten years?”
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