
Velo3D Q4 GAAP revenue fell 25% to USD 9 million as net loss widened to USD 22 million

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Velo3D reported a 25% decline in Q4 GAAP revenue to USD 9.4 million, with a net loss widening to USD 21.9 million. For FY 2025, revenue increased by 12.2% to USD 46.0 million, while the net loss was USD 71.4 million. The backlog stood at USD 31.0 million, and cash and cash equivalents were USD 39.0 million. Management forecasts 2026 revenue between USD 60.0 million and USD 70.0 million, expecting to achieve EBITDA positivity in the second half of 2026.
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