Slide 1: Second Quarter 2026 Earnings Presentation
Second Quarter 2026 Earnings Presentation August 11, 2026 1
Slide 2: Disclaimer: Forward Looking Statement
Disclaimer Forward Looking Statement This presentation includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. The Company’s actual results may differ from its expectations, estimates and projections and conseq
Slide 3: Q2 2026 Financial Results
Q2 2026 Financial Results Delivered a strong quarter • Revenue of $20.7 million, up 52.3% year-over-year • Gross margin of 21.5% • Cash and cash equivalents of $91.1 million as of June 30, 2026 • New Livermore Production Campus expected to triple manufacturing capacity and support accelerating deman
Slide 4: RPS Momentum Continues to Drive Pipeline Growth
RPS Momentum Continues to Drive Pipeline Growth Pipeline momentum driven by our refined go-to-market model and expansive market opportunities Repeat Customers Continue to Total Backlog* Drive Demand While Adding Pipeline Generation * $ in millions New Customers 11.6% 17.0% $31 51.7% $16 36.7% 83.0%
Slide 5: Expected to Triple Production Capacity to Support Accelerated Demand
Expected to Triple Production Capacity to Support Accelerated Demand Expanding manufacturing operations to support increasing customer demand • Launched new Livermore Production Campus • Supports increasing demand for Velo3D's metal additive manufacturing solutions • Facility expected to become oper
Slide 6: Velo3D Expands Strategic Partnership with Mears Machine
Velo3D: Expands Strategic Partnership with Mears Machine Fifth Sapphire XC system deepens a long-standing distributed manufacturing partnership • Mears Machine Corp. ordered its fifth Sapphire XC® metal additive manufacturing system • Agreement includes options to purchase two additional Sapphire XC
Slide 7: Velo3D Establishes Strategic Partnership with Aurelia Technologies
Velo3D: Establishes Strategic Partnership with Aurelia Technologies Collaboration focused on advancing additive manufacturing for next-generation gas turbine systems • Velo3D technology will enable more complex turbine component designs, design consolidation, reduced manufacturing lead times, improv
Slide 8: Strengthened Balance Sheet Through Registered Direct Offering and At-the-Market Program
Strengthened Balance Sheet Through Registered Direct Offering and At-the-Market Program Strengthened balance sheet to support growth initiatives and ongoing operations • Closed firm commitment underwritten registered direct offering of 3,571,428 shares of common stock, with gross proceeds of approxi
Slide 9: Velo3D Added to Russell 3000 Index and Russell Microcap Index
Velo3D: Added to Russell 3000® Index and Russell Microcap® Index Milestone inclusion broadens exposure to the institutional investment community • Added as a member of the broad-market Russell 3000® Index and the Russell Microcap® Index, effective when the US market opened on June 29, as part of the
Slide 10: Financial Overview
Financial Overview Confidential & Proprietary | 10
Slide 11: Financial Summary
Financial Summary ($ in millions) Q2’26 Q2’25 6M’26 6M’25 Total Revenue $20.7 $13.6 $34.5 $22.9 3D Printer and Parts Sales 19.0 12.1 31.0 19.6 Support Service / License / Recurring Revenue 1.7 1.5 3.5 3.3 Cost of revenue 16.2 15.2 27.7 23.8 Gross Profit 4.4 (1.6) 6.8 (0.9) % Gross Margin 21.5% (11.7
Slide 12: 2026 Outlook
2026 Outlook FY 2026 Guidance as of August 11, 2026 • Increases revenue guidance to $65 million to $75 million, from $60 million to $70 million, reflecting first-half performance and current backlog and pipeline • Sequential improvement in gross margin o Greater than 30% gross margin in second half
Slide 13: Thank You!
Thank You!
Slide 14: Disclaimer: Non-GAAP Financial Information
Disclaimer Non-GAAP Financial Information The Company uses non-GAAP financial measures, such as Non-GAAP / Adjusted operating expenses, EBITDA, Adjusted EBITDA, and Non-GAAP net (loss), to help it make strategic decisions, establish budgets and operational goals for managing its business, analyze it
Slide 15: Non-GAAP Reconciliation - Non-GAAP Net Loss (Unaudited)
Non-GAAP Reconciliation - Non-GAAP Net Loss (Unaudited) Confidential & Proprietary | 15
Slide 16: Non-GAAP Reconciliation - Adjusted EBITDA (Unaudited)
Non-GAAP Reconciliation - Adjusted EBITDA (Unaudited) Confidential & Proprietary | 16
Slide 17: Non-GAAP Reconciliation - Non-GAAP Adjusted Operating Expenses (Unaudited)
Non-GAAP Reconciliation - Non-GAAP Adjusted Operating Expenses (Unaudited) Confidential & Proprietary | 17