Filing Flows › Velo3D (VELO) › Q4 2024
Velo3D (VELO) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Velo3D (VELO) reported revenue of $12.6M for the fourth quarter 2024 (Q4 2024), +414% from a year earlier and +53% from the quarter before. Operating margin was -142.2%, net loss $18.1M (143.6% of revenue).
Velo3D, Q4 2024: revenue $12.6M (+414% year over year), operating margin -142.2%, net loss $18.1M, operating cash flow −$2.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.6M | +53% | +414% |
| Operating profit | −$17.9M | — | — |
| Net earnings | −$18.1M | — | — |
| Operating cash flow | −$2.2M | — | — |
What changed
Revenue was $12.6M in Q4 2024, up 414% year over year and up 53% from the previous quarter.
Operating costs exceeded revenue by $17.9M, an operating margin of -142.2%. Total costs fell 49% while revenue rose 414%. The quarter ended with a net loss of $18.1M, narrower than the previous quarter's $23.1M loss.
Operating cash flow was −$2.2M. Non-cash charges added back $834K of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items added $12.8M. Capital expenditures of −$19K exceeded it, leaving free cash flow of −$2.2M.
Questions
What was Velo3D's revenue in the fourth quarter 2024?
Velo3D (VELO) reported revenue of $12.6M for the fourth quarter 2024 (Q4 2024), +414% from a year earlier and +53% from the quarter before.
Was Velo3D profitable in the fourth quarter 2024?
Operating loss was $17.9M (-142.2% of revenue) and net loss $18.1M.
Source: Velo3D 10-K on SEC EDGAR.