Filing Flows › Velo3D (VELO) › Q2 2026
Velo3D (VELO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 11, 2026
Velo3D (VELO) reported revenue of $20.7M for the second quarter 2026 (Q2 2026), +52% from a year earlier and +50% from the quarter before. Operating margin was -53.5%, net loss $11.5M (55.7% of revenue).
Velo3D, Q2 2026: revenue $20.7M (+52% year over year), operating margin -53.5%, net loss $11.5M, operating cash flow −$21.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20.7M | +50% | +52% |
| Operating profit | −$11.1M | — | — |
| Net earnings | −$11.5M | — | — |
| Operating cash flow | −$21.6M | — | — |
What changed
Revenue was $20.7M in Q2 2026, up 52% year over year and up 50% from the previous quarter. A3D Printer and Parts was the largest line at 92% of revenue. A3D Printer and Parts added $6.9M year over year (up 57%), 97% of the total change.
Gross margin was 21.5%. Operating costs exceeded revenue by $11.1M, an operating margin of -53.5%. The fastest-growing cost line was Sales & marketing (+94%). The quarter ended with a net loss of $11.5M, wider than the previous quarter's $7.0M loss.
Operating cash flow was −$21.6M. Non-cash charges added back $712K of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items used $13.3M. Capital expenditures of $3.5M exceeded it, leaving free cash flow of −$25.1M.
Questions
What was Velo3D's revenue in the second quarter 2026?
Velo3D (VELO) reported revenue of $20.7M for the second quarter 2026 (Q2 2026), +52% from a year earlier and +50% from the quarter before.
Was Velo3D profitable in the second quarter 2026?
Operating loss was $11.1M (-53.5% of revenue) and net loss $11.5M.
Source: Velo3D 10-Q on SEC EDGAR.