VLDX Company Report

Velo3D reported Q3 2025 revenue of $13.6 million, marking a 65% increase year-over-year, and grew its backlog to $21 million as of September 30, 2025.
The company's gross margin improved to 3.2% in Q3 2025 from negative 11.7% in the prior quarter, with expectations to reach 30% or higher by Q4 2025.
Velo3D successfully uplisted its common stock to the Nasdaq Capital Market and completed a $17.5 million underwritten public offering, which significantly strengthened its balance sheet.
The company reaffirmed its full-year 2025 revenue guidance of $50-$60 million and expects to achieve EBITDA positive in the first half of 2026.

Nov 10, 2025, 10:00 PM

VLDX Announces Q3 2025 Results and Strategic Developments

VLDX

Earnings

Guidance Update

New Projects/Investments

VLDX reported Q3 2025 revenue of $13.6 million, a gross profit of $0.4 million, a net loss of $(11.8) million, and Adjusted EBITDA of $(7.3) million.
The company provided FY 2025 guidance, expecting revenue between $50 million and $60 million, a gross margin greater than 30% exiting 2025, and anticipates achieving EBITDA profitability in the first half of 2026.
VLDX uplisted to the Nasdaq Capital Market and successfully completed a public offering of 6.7 million shares of common stock.
The Rapid Production Solutions (RPS) segment demonstrated traction, with its backlog increasing 22% compared to Q2 2025, and 48% of demand originating from the Defense & Space sectors.
The company secured significant partnerships, including a $6 million agreement with the U.S. Navy to develop copper nickel alloy (CuNi) for ship repairs and a $4 million strategic partnership with DEVCOM AvMC for space propulsion.

Nov 10, 2025, 10:00 PM

Velo3D Joins U.S. Army Additive Manufacturing Program

VLDX

New Projects/Investments

Velo3D is participating in a U.S. Army Combat Capabilities Development Command Aviation & Missile Center (DEVCOM AvMC) and Manufacturing & Sustainment (M&S) program to advance high-throughput, cost-effective additive manufacturing processes for Aluminum CP1 for defense applications.
The company is collaborating with RTX and the Raytheon Technologies Research Center (RTRC) on this initiative, which aims to support the U.S. Army's Integrated Air and Missile Defense (IAMD) modernization priorities.
Velo3D's metal AM platform was selected for its differentiated capabilities that enable consistent and repeatable outcomes across machines and sites, which are essential for distributed manufacturing in national defense.
The project also aims to establish an Installation and Operational Qualification (IQ/OQ) framework, laying the foundation for a distributed manufacturing model across the Department of Defense and its supplier ecosystem.