Industrials · Industrial - Machinery
Price
$16.64
Market Cap
$322.8M
Employees
134
Beta
2.48
Avg Volume
3,642,358
CEO
Arun Jeldi
Business Description
Velo3D, Inc. produces and sells metal additive three dimensional printers in the Americas, Europe, and internationally. The company’s printers enable the production of components for space rockets, jet engines, fuel delivery systems, and other metal parts, which it sells or leases to customers for use in their businesses. It also offers Flow, a proprietary software platform, which scans part designs for geometrical features; and Sapphire, Sapphire 1MZ, Sapphire XC, and Sapphire XC 1MZ printers. In addition, the company provides Assure, a quality control software platform that includes process metrologies; Flow Developer, a new version of print preparation software that turns traditional design files into print files; and Intelligent Fusion, an underlying manufacturing process that unifies and manages the information flow, sensor data, and the advanced printing technology for precision control of the entire print. Further, it offers Rapid Production Solutions to build resilient supply chains for production parts in different industries; and provides support services. The company serves small- and medium-sized enterprises to Fortune 500 companies in the space, aviation, defense, automotive, energy, and industrial markets. Velo3D, Inc. was founded in 2014 and is headquartered in Fremont, California. Velo3D, Inc. operates as a subsidiary of Arrayed Additive inc.
Business History
Price Overview
Last updated: Jun 27, 2026 10:03am (just now)$16.64
-0.74 (-4.26%)
Day Range
$15.73 – $17.48
52-Week Range
$2.81 – $31.75
50-Day MA
$18.64
200-Day MA
$11.81
Volume
6,467,407.00
Analyst Price Targets
Low
$18.00
Consensus
$23.50
High
$33.00
(5 analysts)
Share Structure
Outstanding
19,396,233.00
Float
5,184,062.00
Free Float
26.7%
Low free float
— 26.7% of shares trade freely, ~73.3% held by insiders/institutions
Below average liquidity. Large orders can move the price significantly. Insiders or strategic holders control the majority — watch for lockup expirations or secondary offerings.
Small absolute float (5.2M shares) — even with a decent free float %, volume can be thin. Check average daily volume before sizing a position.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
-3.84
Stock Price: $16.64
EPS (Diluted): -4.33
EPS (Diluted): -4.33
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
0.59
Stock Price: $16.64
Total Equity: $38.16M
Shares: 16,486,845
Total Equity: $38.16M
Shares: 16,486,845
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
-9.64
Market Cap: $322.75M
Total Debt: $31.02M
Cash: $39.01M
EBITDA: -$63.50M
Total Debt: $31.02M
Cash: $39.01M
EBITDA: -$63.50M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$23.9M
Market Cap: $322.75M
Total Debt: $31.02M
Cash: $39.01M
Total Debt: $31.02M
Cash: $39.01M
P/S Ratio (Price per dollar of revenue)
APIStock Price / Revenue Per Share
0.49
Stock Price: $16.64
Revenue: $45.97M
Shares: 16,486,845
Revenue: $45.97M
Shares: 16,486,845
EV/Sales (Total value vs revenue — works when P/E can't)
API0.52
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
-16.1%
Gross Profit: -$7.40M
Revenue: $45.97M
Revenue: $45.97M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
-119.5%
Operating Income: -$54.92M
Revenue: $45.97M
Revenue: $45.97M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
-155.2%
Net Income: -$71.36M
Revenue: $45.97M
Revenue: $45.97M
ROE (Profit from shareholder equity)
APINet Income / Total Equity
-149.8%
Net Income: -$71.36M
Total Equity: $38.16M
Total Equity: $38.16M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
-70.4%
Operating Income: -$54.92M
Tax Rate: -0.2%
Equity: $38.16M
Total Debt: $31.02M
Cash: $39.01M
Tax Rate: -0.2%
Equity: $38.16M
Total Debt: $31.02M
Cash: $39.01M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
2.37
Current Assets: $80.12M
Current Liabilities: $33.80M
Current Liabilities: $33.80M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.81
Short-Term Debt: $6.31M
Long-Term Debt: $24.71M
Total Debt: $31.02M
Total Equity: $38.16M
Long-Term Debt: $24.71M
Total Debt: $31.02M
Total Equity: $38.16M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$2.79
Revenue: $45.97M
Shares: 16,486,845
Shares: 16,486,845
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$2.31
Total Equity: $38.16M
Shares: 16,486,845
Shares: 16,486,845
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$-1.82
Operating CF: -$27.33M
CapEx: -$2.72M
Shares: 16,486,845
CapEx: -$2.72M
Shares: 16,486,845
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $16.64
Stock Price: $16.64
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$71.36M
Net Income: -$71.36M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares VELO against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 23, 2026 2:50am (4d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $27.4M | $78.7M | $77.4M | $41.0M | $46.0M |
| Cost of Revenue | $22.5M | $77.9M | $103.7M | $43.1M | $53.4M |
| Gross Profit | $5.0M | $843,000 | -$26.3M | -$2.1M | -$7.4M |
| Operating Expenses | $62.7M | $107.2M | $107.0M | $80.3M | $47.5M |
| Operating Income | -$57.8M | -$106.3M | -$133.3M | -$82.3M | -$54.9M |
| Net Income | $10.2M | $8.0M | -$135.1M | -$73.3M | -$71.4M |
| EBITDA | -$50.4M | $13.6M | -$116.1M | -$52.4M | -$63.5M |
| EPS | $91.26 | $22.61 | $-357.00 | $-86.51 | $-4.33 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 23, 2026 2:50am (4d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $207.6M | $32.0M | $24.5M | $1.2M | $39.0M |
| Total Current Assets | $268.1M | $171.5M | $113.0M | $57.7M | $80.1M |
| Total Assets | $302.7M | $223.1M | $153.8M | $89.2M | $105.3M |
| Current Liabilities | $46.7M | $46.1M | $48.7M | $38.0M | $33.8M |
| Long-Term Debt | $3.0M | $5.4M | $11.9M | $0 | $24.7M |
| Total Liabilities | $192.3M | $84.3M | $85.5M | $49.5M | $67.2M |
| Total Equity | $110.4M | $138.8M | $68.3M | $39.7M | $38.2M |
| Retained Earnings | -$229.9M | -$221.9M | -$357.0M | -$430.3M | -$498.1M |
Cash Flow (Annual)
Last updated: Jun 23, 2026 2:50am (4d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$56.4M | -$124.0M | -$105.6M | -$32.7M | -$27.3M |
| Capital Expenditure | -$18.1M | -$19.4M | -$3.2M | $-9,000 | -$2.7M |
| Free Cash Flow | -$74.5M | -$143.4M | -$108.8M | -$32.7M | -$30.0M |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $192.9M | -$175.6M | -$7.5M | -$23.5M | $37.8M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 10:03am (just now)| Metric | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| Revenue |
$121.0M $119.5M – $122.5M
|
$45.2M $45.0M – $45.4M
|
$64.1M $63.2M – $65.0M
|
$96.2M $95.2M – $97.2M
|
| EBITDA |
-$92.6M -$93.7M – -$91.5M
|
-$34.6M -$34.7M – -$34.5M
|
-$49.1M -$49.8M – -$48.4M
|
-$73.6M -$74.4M – -$72.8M
|
| Net Income |
-$2.7B -$2.7B – -$2.6B
|
-$65.9M -$66.9M – -$64.8M
|
-$20.2M -$20.5M – -$19.9M
|
-$11.7M -$17.6M – -$5.8M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 23, 2026 2:50am (4d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +186.8% | -1.6% | -47.1% | +12.1% |
| Gross Profit Growth | -83.0% | -3,215.9% | +92.1% | -255.1% |
| Operating Income Growth | -84.1% | -25.3% | +38.2% | +33.3% |
| Net Income Growth | -21.9% | -1,795.8% | +45.8% | +2.6% |
| EBITDA Growth | +127.1% | -951.8% | +54.8% | -21.1% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-12 | Krause Stefan | A-Award | 7,843.00 | $0.00 | $0 |
| 2025-06-12 | Keppler Adrian | A-Award | 7,843.00 | $0.00 | $0 |
| 2026-06-12 | Mei Lily | A-Award | 7,843.00 | $0.00 | $0 |
| 2026-06-12 | Lloyd Jason Michael | A-Award | 7,843.00 | $0.00 | $0 |
| 2026-06-10 | Mei Lily | 0.00 | $0.00 | $0 | |
| 2026-05-28 | Thieneman Kenneth Dale | M-Exempt | 1,623.00 | $25.80 | $41,873 |
| 2026-05-28 | Thieneman Kenneth Dale | M-Exempt | 1,623.00 | $0.00 | $0 |
| 2026-05-28 | Lloyd Jason Michael | M-Exempt | 1,623.00 | $25.80 | $41,873 |
| 2026-05-28 | Lloyd Jason Michael | M-Exempt | 1,623.00 | $0.00 | $0 |
| 2026-05-15 | Jeldi Arun | M-Exempt | 3,145.00 | $0.00 | $0 |
| 2026-05-15 | Jeldi Arun | M-Exempt | 3,145.00 | $19.84 | $62,397 |
| 2025-12-31 | Chung Bernard | 0.00 | $0.00 | $0 | |
| 2026-04-06 | Suva James D | A-Award | 135,000.00 | $0.00 | $0 |
| 2026-04-06 | Suva James D | 0.00 | $0.00 | $0 | |
| 2026-03-27 | Lloyd Jason Michael | M-Exempt | 3,188.00 | $0.00 | $0 |
| 2026-03-27 | Lloyd Jason Michael | M-Exempt | 3,188.00 | $10.00 | $31,880 |
| 2026-03-27 | Thieneman Kenneth Dale | M-Exempt | 3,188.00 | $10.00 | $31,880 |
| 2026-03-27 | Thieneman Kenneth Dale | M-Exempt | 3,188.00 | $0.00 | $0 |
| 2026-03-27 | Krause Stefan | M-Exempt | 3,188.00 | $10.00 | $31,880 |
| 2026-03-27 | Krause Stefan | M-Exempt | 3,188.00 | $0.00 | $0 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for VELO — it's generated by the pipeline (
market-narrative step).
No community reviews yet for VELO.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
personal — only you see this
Sign in to save personal notes and rate your interest in this stock.
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30