Velo3D reports Q3 revenue of $13.6 million and net loss of $11.8 million
Velo3D Inc. reported revenue of $13.6 million for the third quarter of 2025 and a backlog of $21.1 million as of September 30, 2025. The company posted a GAAP net loss of $11.8 million, or $0.69 per share, compared to a GAAP net loss of $23.1 million, or $37.54 per share, in the same period last year. Non-GAAP net loss was $9.2 million, or $0.54 per share, versus $14.5 million, or $23.59 per share, in the third quarter of 2024. Gross margin for the quarter was 3.2%, down from 49.4% in the same period last year, which included a one-off license revenue of $5 million. Velo3D reaffirmed its 2025 revenue outlook of $50 million to $60 million and expects to achieve EBITDA positivity in the first half of 2026. Key business developments include the completion of its uplisting to the Nasdaq Capital Market and a public offering of 5.8 million shares at $3.00 per share.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Velo3D Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-274173), on November 10, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.