secwatch.observer — SEC 8-K summary
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Issuer:     Velo3D, Inc. (VELO)
CIK:        0001825079
Form:       8-K
Filed at:   2026-03-24T23:59:59+00:00
Accession:  0001193125-26-121871
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Velo3D reports FY2025 revenue $46M (+12% YoY); guides FY2026 rev $60-70M; appoints James Suva CFO
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- FY2025 GAAP revenue $46.0M (vs $41.0M in FY2024); Q4 revenue $9.4M (vs $12.6M).
- FY2025 GAAP net loss $71.4M ($4.33 loss per share); non-GAAP net loss $41.3M.
- Guides FY2026 revenue $60-70M; expects to turn EBITDA positive in H2 2026.
- Announced long-term capacity plan for up to ~400 production systems over next decade, with potential asset-backed financing.
- Appoints James Suva as permanent CFO effective April 6, 2026; replaces acting CFO Bernard Chung.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825079/000119312526121871/0001193125-26-121871-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825079/000119312526121871/velo-20260320.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-121871

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer