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Amtech Systems vs Velo3D: ASYS and VELO compared
Amtech Systems is the larger company: $22.4M of revenue in its latest quarter (Q3 FY26) against $20.7M for Velo3D (Q2 2026). Velo3D is growing faster (+52% against +14% a year earlier). Amtech Systems is more profitable, with an operating margin of 9.9% against -53.5%.
Where the money goes: ASYS and VELO
Amtech Systems (ASYS) · Q3 FY26
Amtech Systems, Q3 FY26: revenue $22.4M (+14% year over year), operating margin 9.9%, net earnings $1.7M, operating cash flow $1.1M. The chart follows the revenue to costs, profit and cash.
Velo3D (VELO) · Q2 2026
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.
| Amtech Systems (ASYS) | Velo3D (VELO) | |
|---|---|---|
| Latest quarter | Q3 FY26 | Q2 2026 |
| Revenue | $22.4M | $20.7M |
| Revenue growth, Y/Y | +14% | +52% |
| Gross margin | 50.0% | — |
| Operating margin | 9.9% | -53.5% |
| Net earnings | $1.7M | −$11.5M |
| Net margin | 7.4% | -55.7% |
| Operating cash flow | $1.1M | −$21.6M |
| Free cash flow | $994K | — |
Where the revenue comes from
Velo3D
- A3D Printer and Parts: $19.0M (92%)
- Support Services: $1.5M (7%)
- Other: $202K (1%)
Questions
Which is bigger, Amtech Systems or Velo3D?
Amtech Systems is the larger company: $22.4M of revenue in its latest quarter (Q3 FY26) against $20.7M for Velo3D (Q2 2026).
Is Amtech Systems or Velo3D growing faster?
Velo3D is growing faster (+52% against +14% a year earlier).
Which is more profitable, Amtech Systems or Velo3D?
Amtech Systems is more profitable, with an operating margin of 9.9% against -53.5%.
More: Amtech Systems earnings · how Amtech Systems makes money · Velo3D earnings · how Velo3D makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 5, 2026; 10-Q filed Aug 11, 2026). Fiscal quarters can end on different dates. Not investment advice.