3D Printing Financials: Velo3D Revenue Climbs 52%, 2026 Forecast Raised - 3DPrint.com
Velo3D (Nasdaq: VELO) reported Q2 revenue of $20.7M, up 52.3% from $13.6M a year earlier, and returned to positive gross margin of 21.5%. The company raised its full-year revenue outlook to $65M-$75M. Cash rose to $91.1M at June 30, and debt fell to $8.2M. Backlog was $31M.
How this was made
The 30-second read
Why it matters
The company’s Q2 results show a turnaround in gross margin and faster revenue growth, while management raised full-year revenue guidance and highlighted capacity expansion (new Livermore production campus) to support RPS growth.
Market read
Traders can reassess VELO’s forward revenue trajectory and margin path after the raised guidance, positive gross margin, and balance-sheet strengthening.
What to watch
The cash increase came primarily from financing (direct offering and ATM), so traders may watch for dilution risk and whether RPS mix sustains gross margin beyond the second half.
Background
Velo3D is a metal additive manufacturing company focused on printers and Rapid Production Solutions (RPS) parts production for aerospace and defense customers.
Ticker impact
Velo3D reported Q2 revenue of $20.7M, up 52.3% YoY, and raised full-year revenue guidance to $65M-$75M.
Likely positive bias for shares into the next few sessions as traders reprice the raised revenue range and improved gross margin.
The article discloses multiple fresh datapoints: Q2 revenue beat directionally, gross margin turned positive (21.5%), and full-year revenue forecast increased, alongside reduced debt and higher cash.
Market effects
Supports the metal additive manufacturing demand narrative for aerospace and defense, potentially improving sentiment toward adjacent AM equipment and parts suppliers.
Livermore, California capacity expansion highlights continued US-based scaling of AM production footprint.
Limited direct global read-through, but aerospace and defense end-market strength can influence broader defense-industrial supply chain sentiment.
Counterpoint
Despite the revenue and margin improvement, VELO still reported a sizable GAAP net loss and operating expenses rose, so the quality and durability of profitability may be questioned.
Key entities
- public_companyVelo3D
Nasdaq-listed metal additive manufacturing company reporting Q2 results, raised 2026 revenue outlook, and detailed cash/debt changes.
- executiveJim Suva
CFO quoted on balance-sheet flexibility and capacity expansion plans.
- customerMears Machine Corporation
Ordered its fifth Sapphire XC system, with options for two more.
- partnerAurelia Technologies
New partnership focused on metal AM for next-generation gas turbine systems.
