Filing Flows › Velo3D (VELO) › Q1 2026 › vs Q1 2025
Velo3D (VELO) Q1 2026 vs Q1 2025 (year over year)
Velo3D's revenue rose $4.5M (+48%) from $9.3M in Q1 2025 to $13.8M in Q1 2026. The biggest changes: A3D Printer and Parts +$4.5M (+60%); Support Services −$521K (-29%); Other +$519K (75×).
Velo3D, Q1 2026: revenue $13.8M (+48% year over year), operating margin -50.3%, net loss $7.0M, operating cash flow −$18.0M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| A3D Printer and Parts | $12.0M | $7.5M | $4.5M | +60% |
| Support Services | $1.3M | $1.8M | −$521K | -29% |
| Other | $526K | $7K | $519K | 75× |
| Revenue | $13.8M | $9.3M | $4.5M | +48% |
| Net loss | $7.0M | $25.0M | −$18.0M | -72% |
| Costs & expenses | $20.8M | $34.3M | −$13.5M | -39% |
| Operating costs | $20.8M | $20.8M | −$81K | -0.4% |
| Income tax | $26K | $8K | $18K | +225% |
| Cost of revenue | $11.4M | $8.6M | $2.8M | +33% |
| Research & development | $2.7M | $2.1M | $636K | +31% |
| Sales & marketing | $1.7M | $1.1M | $635K | +58% |
| General & admin | $4.9M | $9.1M | −$4.2M | -46% |
| Operating cash sources | $20.6M | $16.9M | $3.7M | +22% |
| Depreciation & amortization | $762K | $995K | −$233K | -23% |
| Share-based compensation | $1.9M | $3.6M | −$1.7M | -47% |
| Cash used in operations | $18.0M | $12.3M | $5.6M | +46% |
| Net loss absorbed | $7.0M | $25.0M | −$18.0M | -72% |
| Working capital & other | $13.6M | −$8.1M | $21.7M | — |
Questions
How much did Velo3D's revenue grow year over year in Q1 2026?
Velo3D's revenue rose $4.5M (+48%) from $9.3M in Q1 2025 to $13.8M in Q1 2026.
What drove Velo3D's revenue change in Q1 2026?
A3D Printer and Parts +$4.5M (+60%); Support Services −$521K (-29%); Other +$519K (75×).