Velo3D Q1 revenue $13.8M, up 48% YoY; net loss -$7.0M; reaffirms FY26 outlook $60-70M

Velo3D, Inc.

Revenue $13.8M, up 48% YoY from $9.3M; GAAP gross margin 17.2% vs 7.5%.
GAAP net loss -$7.0M (EPS -$0.28) vs -$25.0M (-$1.87); non-GAAP net loss -$5.1M (-$0.20).
Reaffirms FY26 revenue outlook $60M-$70M; expects positive EBITDA in H2 2026.
Appointed Jim Suva as CFO; closed April 2026 registered direct offering of 3.57M shares for ~$50M gross.
Awarded $9.8M IDIQ contract with Defense Logistics Agency for JAMA program.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Velo3D, Inc. reported first quarter ended March 31, 2026 results: revenue $13.8 million, net income ($7.0), EPS ($0.28). Guidance reaffirmed.

Period: first quarter ended March 31, 2026
Revenue: $13.8 million
Net income: ($7.0)
EPS: ($0.28)
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Velo3D Announces First Quarter 2026 Financial Results • Revenue of $13.8 million, up 48% year-over-year • Gross margin of 17.2% • Reaffirms outlook for 2026 revenue between $60 million and $70 million and to turn EBITDA positive in the second half of 2026 FREMONT, Calif., May 12, 2026 - Velo3D, Inc. (Nasdaq: VELO) (“Velo3D” or the “Company”), a leader in additive manufacturing (“AM”) technology known for transforming aerospace and defense supply chains through world-class metal AM, today announced financial results for its first quarter ended March 31, 2026.

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Source: SEC EDGAR

accession 0001193125-26-219334

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