---
schema_version: "secwatch.filing_event.v1"
accession: "0001825079-23-000010"
form_type: "8-K"
ticker: "VELO"
cik: "0001825079"
company_name: "Velo3D, Inc."
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T15:52:17.944047+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Velo3D Q4 revenue $29.8M (+56% seq); FY22 revenue $80.8M (+200% YoY); guides >50% growth in FY23

## Summary
- Q4 GAAP revenue $29.8M (+56% seq); GAAP net income $22.6M ($0.11 diluted) includes warrant gain.
- Non-GAAP net loss Q4 $16.4M ($0.08 loss per share); FY22 non-GAAP net loss $83.0M ($0.41 loss per share).
- FY22 revenue $80.8M, up 200% YoY; GAAP gross margin 3.6% vs 18.1% in FY21.
- Backlog $43M; new orders $15M in Q4; expects >50% revenue growth in FY23.
- Initiatives: 20% reduction in quarterly non-GAAP opex by end of 2023; record Sapphire XC shipments.

## SEC filing metadata
- accession: 0001825079-23-000010
- form_type: 8-K
- ticker: VELO
- cik: 0001825079
- company_name: Velo3D, Inc.
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825079/000182507923000010/0001825079-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825079/000182507923000010/vld-20230302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001825079-23-000010
- JSON: https://secwatch.observer/filing/0001825079-23-000010.json
- Plain text: https://secwatch.observer/filing/0001825079-23-000010.txt

## Key facts
- Earnings Releases
  Velo3D, Inc. updated its fourth quarter and fiscal year ended December 31, 2022 guidance (raised).
  - Period: fourth quarter and fiscal year ended December 31, 2022
  - Guidance: raised
  - Result: reported results
  source text: On March 2, 2023, Velo3D, Inc. (“Velo3D, Inc” or the “Company”) issued a press release announcing its financial results for the three and twelve months ended December 31, 2022 (the "Press Release").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825079/000182507923000010/0001825079-23-000010-index.htm

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