---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-274173"
form_type: "8-K"
ticker: "VELO"
cik: "0001825079"
company_name: "Velo3D, Inc."
filed_at: "2025-11-10T23:59:59+00:00"
generated_at: "2026-05-16T22:34:14.392918+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Velo3D Q3 revenue $13.6M, net loss improves to $11.8M, backlog $21.1M; reaffirms FY25 guidance

## Summary
- Revenue $13.6M vs $8.2M YoY; GAAP gross margin fell to 3.2% from 49.4%.
- GAAP net loss $11.8M ($0.69/shr) vs $23.1M ($37.54/shr) YoY; non-GAAP net loss $9.2M.
- Backlog $21.1M; RPS backlog up 22% QoQ; new customers >9% of Q3 bookings.
- Public offering of 5.83M shares at $3.00, gross proceeds ~$17.5M; uplisted to Nasdaq.
- Reaffirms FY25 revenue $50-60M and EBITDA positive target in H1 2026.

## SEC filing metadata
- accession: 0001193125-25-274173
- form_type: 8-K
- ticker: VELO
- cik: 0001825079
- company_name: Velo3D, Inc.
- filed_at: 2025-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825079/000119312525274173/0001193125-25-274173-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825079/000119312525274173/velo-20251110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-274173
- JSON: https://secwatch.observer/filing/0001193125-25-274173.json
- Plain text: https://secwatch.observer/filing/0001193125-25-274173.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.