Velo3D Delivers Better-Than-Expected Q4 Results, Enters 2026 With 'Tremendous' Momentum

3/24/2026
Impact: 70
Technology

Velo3D Inc (NASDAQ: VELO) reported fourth-quarter revenue of $9.44 million, surpassing analyst estimates of $8.68 million, while posting an adjusted loss of 54 cents per share, better than the expected loss of 56 cents. The company's backlog increased to $31 million, and it completed a $15 million debt to equity conversion, reducing debt by approximately 60%. Velo3D anticipates full-year 2026 revenue between $60 million and $70 million, with expectations of becoming EBITDA positive in the second half of 2026. In after-hours trading, Velo3D shares were down 0.22% at $13.49.

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