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Velo3D, Inc.
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$144M
Market Cap
44.8
P/E
—
PEG
-176.0%
ROCE
N/M
ROE
1.05
D/E
-119.5%
OPM
98
α RS
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🌏 Global Investor Returns
Currency-adjusted total returns for VELO including FX impact
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📈 Price History
Ratio Health
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About

Velo3D, Inc. produces and sells metal additive three-dimensional printers in the Americas, Europe, and internationally. Its printers enable the production of components for space rockets, jet engines, fuel delivery systems, and other metal parts. The company also offers Flow, a proprietary software platform, which scans part designs for geometrical features; Sapphire, Sapphire 1MZ, Sapphire XC, and Sapphire XC 1MZ printers; Assure, a quality assurance software platform; Developer, a new version of print preparation software that turns traditional design files into print files; and Intelligent Fusion, the underlying manufacturing process that binds and facilitates all aspects of the Velo3D fully integrated solution. It serves companies in the space, aviation, defense, automotive, energy, and industrial markets. The company was founded in 2014 and is headquartered in Fremont, California. Velo3D, Inc. operates as a subsidiary of Arrayed Additive inc.

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⭐ Superinvestors Holding VELO
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Manager Shares Value % of Fund Period
Cathie Wood ARK Investment Management 117.9K $1.1M 0.01% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-11
Revenue rose 52.3% year-over-year to $20.7M, with gross margin improving to 21.5%. Manufacturing capacity is set to triple with the new Livermore campus, and 2026 revenue guidance was raised to $65–$75M. Strong demand and backlog growth continue across key end markets.
Q1 2026 Q1 2026 2026-05-12
Q1 2026 saw 48% revenue growth year-over-year, driven by defense and aerospace demand and RPS expansion, with gross margin improving to 17.2%. Major defense contracts, a $50M equity raise, and California expansion support guidance for $60–$70M revenue and EBITDA profitability in H2 2026.
Q4 2025 Q4 2025 2026-03-24
Double-digit revenue growth in 2025 was driven by defense and aerospace demand, with record backlog and a shift toward high-margin RPS. 2026 guidance targets $60–$70 million revenue, gross margins above 30% in H2, and EBITDA positive, supported by strong liquidity and capacity expansion.
Q3 2025 Q3 2025 2025-11-10
Revenue grew 65% year-over-year to $13.6M, with backlog rising to $21M and RPS driving recurring revenue. Gross margin improved sequentially, and full-year guidance was reaffirmed, targeting $50–$60M revenue and 30%+ gross margin by Q4.
Q2 2025 Q2 2025 2025-08-06
Q2 2025 saw 31% revenue growth, rapid RPS adoption, and major multi-year contracts in space and defense. Gross margin improved, costs declined, and the business model shifted toward recurring, high-margin revenue, with profitability targeted for 2026.
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📊 Analysis Methodology

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Conflict of Interest Disclosure:
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Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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