VELO · XBRL financial data

Velo3D financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (VELO's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24†Jun 30, 2024	Q3 FY24†Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25†Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	23,808	1,687*	9,786	10,344	8,247	12,626*	9,320	13,572	13,640	9,441*	13,816	20,664
Revenue from contracts with customers	—	—	—	10,344	8,247	12,626*	9,320	13,572	13,640	9,441*	13,816	20,664
Cost of revenue	22,320	35,347*	12,601	13,241	4,176	13,070*	8,623	15,160	13,207	16,387*	11,435	16,222
Gross profit	1,488	(33,660)*	(2,815)	(2,897)	4,071	(444)*	697	(1,588)	433	(6,946)*	2,381	4,442
Research and development	9,819	9,211*	5,043	4,545	4,438	3,082*	1,212	2,845	3,042	2,491*	2,695	4,329
General and administrative	11,118	10,158*	8,783	8,805	15,279	16,479*	9,131	6,037	6,037	8,892*	4,912	8,324
Total operating expenses	26,709	24,544*	18,635	17,623	22,816	21,188*	12,618	10,501	11,063	13,334*	9,328	15,503
Operating income (loss)	(25,221)	(58,204)*	(21,450)	(20,520)	(18,745)	(21,632)*	(11,921)	(12,089)	(10,630)	(20,280)*	(6,947)	(11,061)
Interest expense	1,107	8,051*	3,897	5,463	10,949	(4,341)*	1,070	1,572	1,198	524*	733	175
Other income (expense)	436	(459)*	94	(1,327)	(2,443)	39*	(11)	(6)	(11)	554*	708	(242)
Income tax expense (benefit)	0	0*	4	(4)	0	(20)*	8	89	(14)	34*	26	(9)
Net income (loss)	(17,396)	(58,344)*	(28,314)	(172)	(22,858)	(21,953)*	(25,411)	(13,756)	(11,825)	(20,370)*	(6,998)	(11,510)
Earnings per share, basic USD per share	(0.09)	(0.28)*	(0.11)	(0.02)	(2.47)	—	(0.13)	(0.98)	(0.69)	—	(0.28)	(0.39)
Earnings per share, diluted USD per share	(0.09)	(0.28)*	(0.11)	(0.02)	(2.47)	—	(0.13)	(0.98)	(0.69)	—	(0.28)	(0.39)
Weighted average shares, basic thousands of shares	197,833	207,869*	260,294	8,475	9,240	—	200,972	14,042	17,124	—	25,021	29,448
Weighted average shares, diluted thousands of shares	197,833	207,869*	260,294	8,475	9,240	—	200,972	14,042	17,124	—	25,021	29,448

† Share count changed about 1/34 in the period ending 2024-06-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 23x in the period ending 2024-09-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/15 in the period ending 2025-06-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Balance sheet

CSV

Fiscal quarters (VELO's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24†Jun 30, 2024	Q3 FY24†Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25†Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	58,131	24,494	7,754	2,462	1,637	1,212	3,870	854	11,842	39,013	16,564	91,144
Short-term investments	13,468	6,621	3,151	699	0	—	—	—	—	—	—	—
Accounts receivable	12,597	9,583	11,653	8,338	10,213	3,723	4,569	5,394	6,672	6,263	6,732	8,356
Inventory	81,159	60,816	62,799	59,521	61,976	49,953	46,133	38,417	35,386	27,083	28,104	27,578
Prepaid and other current assets	2,515	4,000	3,082	2,289	1,934	2,336	5,907	2,783	1,829	5,722	9,650	16,896
Total current assets	183,771	118,141	98,345	82,170	79,792	57,724	61,774	48,896	59,167	80,120	65,170	156,134
Property and equipment, net	17,430	16,326	15,253	14,186	13,152	14,270	13,691	15,201	12,419	13,094	16,387	16,152
Right-of-use asset	11,600	10,672	10,237	9,792	8,041	8,774	8,308	7,838	7,946	7,633	7,098	20,921
Total assets	230,003	153,799	136,148	116,652	110,787	89,180	91,399	78,558	93,899	105,348	92,404	200,147
Accounts payable	13,135	15,854	15,595	14,008	17,673	18,538	16,365	14,853	11,341	10,301	9,089	5,235
Accrued liabilities	5,727	1,948	1,862	2,121	1,769	1,173	1,647	4,263	1,795	2,103	758	943
Current portion of long-term debt	—	—	—	—	—	5,666	—	16,913	—	—	—	—
Total current liabilities	98,946	48,671	60,858	48,554	63,402	38,000	43,893	42,741	37,567	33,802	26,618	24,648
Long-term debt	—	—	—	—	—	—	—	5,562	—	—	—	—
Lease liability, non-current	10,399	9,973	9,558	9,159	8,737	8,361	7,968	7,583	7,444	6,970	6,495	22,428
Total liabilities	127,048	85,459	90,698	64,533	76,100	49,516	58,517	57,023	63,743	67,192	40,864	53,608
Accumulated deficit	(296,642)	(357,037)	(385,351)	(385,523)	(408,381)	(430,334)	(455,745)	(469,501)	(481,326)	(498,143)	(505,141)	(516,651)
Total stockholders' equity	102,955	68,340	45,450	52,119	34,687	39,664	32,882	21,535	30,156	38,156	51,540	146,539
Total liabilities and equity	230,003	153,799	136,148	116,652	110,787	89,180	91,399	78,558	93,899	105,348	92,404	200,147
Common shares outstanding (cover page) thousands of shares	200,794	261,705	296,188	8,622	194,897	210,233	210,233	14,068	20,912	26,217	29,801	32,149

† Share count changed about 1/34 in the period ending 2024-06-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 23x in the period ending 2024-09-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/15 in the period ending 2025-06-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Cash flows

CSV

Fiscal quarters (VELO's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24†Jun 30, 2024	Q3 FY24†Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25†Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	(17,396)	(58,344)*	(28,314)	(172)	(22,858)	(21,953)*	(25,411)	(13,756)	(11,825)	(20,370)*	(6,998)	(11,510)
Stock-based compensation	6,715*	5,445*	5,087	4,247*	3,707*	2,322*	4,074	2,409*	2,623*	403*	1,889	2,494*
Depreciation and amortization	1,490*	4,794*	4,567	(1,860)*	1,237*	968*	942	875*	675*	887*	762	712*
Net cash from operating activities	(22,331)*	(24,527)*	(20,523)	(7,969)*	(1,973)*	(2,212)*	(12,349)	(1,216)*	(6,025)*	(7,737)*	(17,978)	(21,555)*
Purchases of property and equipment	382*	(26)*	6	2*	20*	(19)*	0	1,799*	313*	603*	940	3,518*
Net cash from investing activities	5,455*	7,836*	3,493	2,473*	678*	1,123*	0	(1,799)*	(313)*	(603)*	(940)	(3,518)*
Net cash from financing activities	46,139*	(16,952)*	285	205*	468*	502*	15,000	0*	17,323*	35,510*	(3,535)	103,004*
Net change in cash	29,263*	(33,637)*	(16,740)	(5,292)*	(825)*	(597)*	2,658	(3,016)*	10,983*	27,171*	(22,454)	77,933*

† Share count changed about 1/34 in the period ending 2024-06-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 23x in the period ending 2024-09-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/15 in the period ending 2025-06-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Compare with peers

SIC 3559 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3559 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Velo3D	91,144	20,664	(21,555)*	32.1M	4.2 quarters	Q2 FY26 10-QJun 30, 2026
Amtech Systems	83,109	not reported	1,120*	17.5M	—	Q3 FY26 10-QJun 30, 2026
Sono Tek	10,250	5,232	1,162*	15.8M	—	Q2 FY26 10-QAug 31, 2026
Trio-Tech International	21,428	not reported	1,109*	10.4M	—	Q4 FY26 10-KJun 30, 2026
Cricut	174,578	188,622	23,674*	not reported	—	Q3 FY26 10-QSep 30, 2026
Originclear	3,310	2,003	1,512	16.2B	—	Q1 FY26 10-QMar 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.