Business
Velo3D Announces First Quarter 2026 Financial Results
Velo3D, Inc. (Nasdaq: VELO) ("Velo3D" or the "Company"), a leader in additive manufacturing ("AM") technology known for transforming aerospace and defense supply chains through world-class metal AM, today announced financial results for its first quarter ended March 31, 2026.
About this update from Velo3d, Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"Revenue of $13.8 million, up 48% year-over-year","length":47,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross margin of 17.2%","length":21,"tagName":"p"}]},{"val":[{"type":"text","content":"Reaffirms outlook for 2026 revenue between $60 million and $70 million and to turn EBITDA positive in the second half of 2026","length":125,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":193,"olType":false},{"type":"text","content":"FREMONT, Calif., May 12, 2026 /PRNewswire/ -- Velo3D, Inc. (Nasdaq: VELO) ("Velo3D" or the "Company"), a leader in additive manufacturing ("AM") technology known for transforming aerospace and defense supply chains through world-class metal AM, today announced financial results for its first quarter ended March 31, 2026.","length":352,"tagName":"p"},{"type":"image","alt":"Velo3D Logo (PRNewsfoto/Velo3D, Inc.)","displaySize":"","headline":null,"caption":"Velo3D Logo (PRNewsfoto/Velo3D, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":65,"url":"https://media.zenfs.com/en/prnewswire.com/7920dc54fe7d3be6fb2863efb6411449"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/PCb6xp3WcXHxKKuOVsrnDA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTExNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/7920dc54fe7d3be6fb2863efb6411449","width":400,"height":65},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/DpAqSeTfQ_5zCJRrFRprdg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTEwNDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/7920dc54fe7d3be6fb2863efb6411449","width":400,"height":65}},"href":"https://mma.prnewswire.com/media/2597185/Velo3D_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Recent Business Developments","length":28,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Awarded a $9.8 million, five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract supporting the Defense Logistics Agency's (DLA) Joint Additive Manufacturing Acceptability (JAMA) Pilot Parts Program, an initiative aimed at accelerating adoption of additively manufactured components across Department of War sustainment operations.","length":344,"tagName":"p"}]},{"val":[{"type":"text","content":"Appointed Jim Suva as Chief Financial Officer.","length":46,"tagName...