Company Analysis

Velo3D, Inc. (VELO)

Nasdaq: VELO · Special Industry Machinery, NEC · Fremont, CA · filing with the SEC since 2020
Grade1.8
◀ Past 1.8● Present 0.8▶ Future 3.0
1 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020
Report filedMar 31, 2026Mar 31, 2025Apr 3, 2024Mar 20, 2023Mar 28, 2022Mar 30, 2021
Revenue45,97341,00377,44378,706r27,43918,975
Cost of revenue53,37743,088103,71077,86322,48112,608
Gross profit-7,404-2,085-26,267843r4,9586,367
Research and development10,65315,482r42,03146,26627,00214,188
Sales and marketing6,76612,858r23,22923,90712,3637,004
General and administrative30,09748,369r41,72736,98223,3526,382
Total operating expenses47,51676,709r106,987107,15562,71727,574
Operating income-54,920-78,794r-133,254-106,312r-57,759-21,207
Interest expense4,36415,9689,7223722,740639
Other income (expense), net526-3,6375061,451-8835
Income before income taxes-71,245-69,764r-135,1397,969r-107,091-21,807
Income tax expense117-200000
Net income-71,362-69,744r-135,1397,969r-107,091-21,807
Net income to common shareholders····-107,091-8,756
Earnings per share, basic-4.33-82.32r-23.97r1.40rb-63.70b-19.60b
Earnings per share, diluted-4.33-82.32r-23.97r1.40rb-63.70b-19.60b
Weighted average shares, basic16,486,845847,265r5,638,821r5,287,974b1,676,814b446,548b
Weighted average shares, diluted16,486,845847,265r5,638,821r5,776,426b1,676,814b446,548b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-35 reverse split.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton VELO · research, not advice