Earnings ·
Velo3D, Inc. reported second quarter 2026 financial results with revenue of $20.7 million, a 52.3% increase…
VELOVelo3D, Inc.
Velo3D, Inc. reported second quarter 2026 financial results with revenue of $20.7 million, a 52.3% increase year-over-year, and gross margin improved to 21.5%. The company raised its full-year 2026 revenue guidance to $65 million–$75 million from the previous range of $60 million–$70 million. As of June 30, 2026, Velo3D held $91.1 million in cash and cash equivalents after raising approximately $109.4 million through equity offerings earlier in the year, which reduced total debt by over 70% to $8.2 million. Management announced the launch of a new Livermore Production Campus expected to triple manufacturing capacity later this year. Additionally, Velo3D appointed Lily Mei as an independent director and expanded partnerships with Mears Machine Corporation and Aurelia Technologies. The company operates in the additive manufacturing industry, providing metal 3D printing technology and solutions for aerospace, defense, energy, and space sectors.