Filing Flows › Velo3D (VELO) › Q1 2026 › vs Q4 2025
Velo3D (VELO) Q1 2026 vs Q4 2025 (quarter over quarter)
Velo3D's revenue rose $4.4M (+46%) from $9.4M in Q4 2025 to $13.8M in Q1 2026. The biggest changes: A3D Printer and Parts +$4.4M (+58%); Support Services −$427K (-25%); Other +$366K (+229%).
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 Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| A3D Printer and Parts | $12.0M | $7.6M | $4.4M | +58% |
| Support Services | $1.3M | $1.7M | −$427K | -25% |
| Other | $526K | $160K | $366K | +229% |
| Revenue | $13.8M | $9.4M | $4.4M | +46% |
| Net loss | $7.0M | $21.9M | −$14.9M | -68% |
| Costs & expenses | $20.8M | $31.3M | −$10.5M | -34% |
| Operating costs | $20.8M | $31.2M | −$10.5M | -34% |
| Income tax | $26K | $34K | −$8K | -24% |
| Cost of revenue | $11.4M | $16.4M | −$5.0M | -30% |
| Research & development | $2.7M | $3.3M | −$589K | -18% |
| Sales & marketing | $1.7M | $2.4M | −$694K | -29% |
| General & admin | $4.9M | $9.2M | −$4.3M | -46% |
| Operating cash sources | $20.6M | $10.6M | $10.1M | +95% |
| Depreciation & amortization | $762K | $644K | $118K | +18% |
| Share-based compensation | $1.9M | $2.2M | −$285K | -13% |
| Cash used in operations | $18.0M | $7.7M | $10.2M | +132% |
| Net loss absorbed | $7.0M | $21.9M | −$14.9M | -68% |
| Working capital & other | $13.6M | −$11.3M | $25.0M | — |
Questions
How much did Velo3D's revenue grow quarter over quarter in Q1 2026?
Velo3D's revenue rose $4.4M (+46%) from $9.4M in Q4 2025 to $13.8M in Q1 2026.
What drove Velo3D's revenue change in Q1 2026?
A3D Printer and Parts +$4.4M (+58%); Support Services −$427K (-25%); Other +$366K (+229%).