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Filing Flows › Velo3D (VELO) › R&D spending

Velo3D (VELO) R&D spending by quarter

Velo3D's R&D spending was $4.3M in Q2 2026 (second quarter 2026), +61% from Q1 2026. Over the last 4 quarters it ranged from $2.7M (Q1 2026) to $4.3M (Q2 2026).

Velo3D R&D spending by quarterVelo3D R&D spending by quarter$3.0MQ3 2025$3.3MQ4 2025$2.7MQ1 2026$4.3MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$4.3M+61%—
Q1 2026$2.7M-18%—
Q4 2025$3.3M+8%—
Q3 2025$3.0M——

Q2 2026 at a glance

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.

Questions

What is Velo3D's R&D spending?

Velo3D's R&D spending was $4.3M in Q2 2026 (second quarter 2026), +61% from Q1 2026.

How has Velo3D's R&D spending changed?

Over the last 4 quarters it ranged from $2.7M (Q1 2026) to $4.3M (Q2 2026).

Q2 2026 results → · How Velo3D makes money →