---
title: "VELO3D INC C/WTS 29/09/2026 (TO PUR COM) | 8-K: FY2026 Q2 Revenue: USD 20.66 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295573084.md"
datetime: "2026-08-11T20:04:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295573084.md)
  - [en](https://longbridge.com/en/news/295573084.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295573084.md)
generator: "portal-rs"
---

# VELO3D INC C/WTS 29/09/2026 (TO PUR COM) | 8-K: FY2026 Q2 Revenue: USD 20.66 M

Revenue: As of FY2026 Q2, the actual value is USD 20.66 M.

EPS: As of FY2026 Q2, the actual value is USD -0.39.

EBIT: As of FY2026 Q2, the actual value is USD -11.34 M.

#### Q2 2026 Financial Performance

##### Segment Revenue

Velo3D, Inc. reported total revenue of $20.7 million for the second quarter of 2026, marking a 52.3% increase year-over-year compared to $13.6 million in the second quarter of 2025. Revenue from 3D Printer and parts was $19.0 million in Q2 2026, up from $12.1 million in Q2 2025. Support service, license, and recurring revenue generated $1.7 million in Q2 2026, slightly up from $1.5 million in Q2 2025. Other revenue totaled $0.202 million, up from $0.061 million in Q2 2025.

##### Gross Margin

The GAAP gross margin for the second quarter of 2026 was 21.5%, a significant improvement from -11.7% in the second quarter of 2025. Gross profit for Q2 2026 was $4.4 million, a significant improvement from a gross loss of -$1.6 million in Q2 2025.

##### Net Loss

GAAP net loss for Q2 2026 was -$11.5 million, an improvement from -$13.3 million in Q2 2025. Non-GAAP net loss for the quarter was -$9.0 million, compared to -$11.4 million in Q2 2025.

##### Operating Expenses

Operating expenses for the second quarter of 2026 were $15.5 million, up from $10.0 million in Q2 2025. Non-GAAP adjusted operating expenses, excluding stock-based compensation, were $13.1 million, compared to $8.8 million in Q2 2025.

##### Adjusted EBITDA

Non-GAAP Adjusted EBITDA for Q2 2026 was -$8.1 million, an improvement from -$8.9 million in Q2 2025.

##### Cash and Cash Equivalents

As of June 30, 2026, Velo3D, Inc. had cash and cash equivalents of $91.1 million, an increase from $39.0 million as of December 31, 2025.

##### Cash Flow from Operating Activities

Net cash used in operating activities for the six months ended June 30, 2026, was -$39.533 million, compared to -$13.565 million for the same period in 2025.

##### Debt

Total outstanding debt was reduced by more than 70% to $8.2 million as of June 30, 2026.

##### Bookings and Backlog

New bookings in the second quarter of 2026 amounted to $29 million, and the ending backlog as of June 30, 2026, was $31 million.

##### Financing Activities

During the first half of 2026, net cash provided by financing activities was $99.469 million, which included gross proceeds of approximately $50 million from a registered direct offering in April 2026 and approximately $59.4 million from sales of common stock under its at-the-market offering program during Q2 2026.

#### Six Months Ended June 30, 2026 (6M 2026) Financial Performance

##### Total Revenue

Total revenue for 6M 2026 was $34.5 million, up from $22.9 million in 6M 2025. 3D Printer and parts sales were $31.0 million, up from $19.6 million in 6M 2025. Support service, license, and recurring revenue was $3.5 million, compared to $3.3 million in 6M 2025.

##### Cost of Revenue

The cost of revenue was $27.7 million in 6M 2026, increasing from $23.8 million in 6M 2025.

##### Gross Profit

The Company reported a gross profit of $6.8 million in 6M 2026, up from a gross loss of -$0.9 million in 6M 2025.

##### Gross Margin

Gross margin improved to 19.8% in 6M 2026, from -3.9% in 6M 2025.

##### Total Operating Expenses

Total operating expenses were $24.8 million in 6M 2026, up from $22.2 million in 6M 2025. Non-GAAP adjusted operating expenses were $21.2 million, compared to $17.6 million in 6M 2025.

##### Net Income (Loss)

The net loss for 6M 2026 was -$18.5 million, significantly better than -$38.3 million in 6M 2025.

##### Non-GAAP Adjusted EBITDA

Non-GAAP adjusted EBITDA was -$11.7 million in 6M 2026, compared to -$15.9 million in 6M 2025.

#### Operational Metrics and Developments

##### Manufacturing Capacity Expansion

Velo3D, Inc. launched its new Livermore Production Campus, which is expected to triple the Company’s manufacturing production capacity and become its primary production and manufacturing center later this year.

##### Strategic Partnerships

The Company expanded its strategic partnership with Mears Machine Corporation, which ordered its fifth Velo3D Sapphire® XC system with options for two additional systems. Velo3D, Inc. also entered into a strategic partnership with Aurelia Technologies to advance metal additive manufacturing in next-generation gas turbine systems.

##### Market Presence

Velo3D, Inc. strengthened its institutional market presence with inclusion in the Russell 3000® Index and Russell Microcap® Index, effective June 29, as part of the first 2026 reconstitution.

#### Outlook / Guidance

Velo3D, Inc. increased its full-year 2026 revenue guidance to a range of $65 million to $75 million, up from the previous range of $60 million to $70 million. The Company anticipates sequential improvement in gross margin, targeting greater than 30% in the second half of 2026, and expects to achieve positive EBITDA in the second half of 2026. Non-GAAP adjusted operating expenses are projected to be in the range of $45 million to $55 million, with capital expenditures between $40 million and $50 million, primarily for RPS expansion, subject to financing availability.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**