Velo3D Announces Second Quarter 2026 Financial Results
With a revenue of $20.7 million, showing a 52.3% increase compared to the previous year, the company achieved a gross margin of 21.5%. The company holds a significant amount of cash and cash equivalents, amounting to $91.1 million as of June 30, 2026. A new Livermore Production Campus is in the pipeline, which is anticipated to triple the manufacturing capacity, catering to the rising demand for products. Consequently, the company has revised its revenue guidance for 2026, now expecting it to reach $65 million.
