Velo3D (VELO) Cost of Revenue (2020 - 2026)
Velo3D's Cost of Revenue came in at $16.22 million for Q2 2026, up 7.0% from $15.16 million a year earlier.
Velo3D (VELO) Cost of Revenue (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Velo3D reported Cost of Revenue of $60.98 million, up 48.6% year-over-year; for FY2025, it came in at $53.38 million, up 23.9% from FY2024.
- Cost of Revenue carries a five-year compound annual growth rate of 33.5% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $43.09 million in FY2024 (-58.5%), $103.71 million in FY2023 (+33.2%), $77.86 million in FY2022 (+246.4%) and $22.48 million in FY2021 (+78.3%).
- The five-year range for quarterly Cost of Revenue is $4.18 million (Q3 2024) to $33.95 million (Q4 2023).
- Year-over-year, Cost of Revenue increased in four of the last seven quarters, with growth averaging 12.6%.
- The fastest year-over-year change in Cost of Revenue over five years came in Q1 2022 (growth of 681.2%), and the weakest in Q3 2024 (a decline of 81.8%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 12.78 Bn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 5.21 Bn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 7.95 Bn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 5.68 Bn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 3.51 Bn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 2.04 Bn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 2.22 Bn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 3.82 Bn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 2.40 Bn |
| 10 | Velo3D | 360.07 Mn | 245.33 Mn | 4.44 Mn | 16.22 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.22 Mn |
| Dec 31, 2025 | 16.39 Mn |
| Sep 30, 2025 | 13.21 Mn |
| Jun 30, 2025 | 15.16 Mn |
| Mar 31, 2025 | 8.62 Mn |
| Dec 31, 2024 | 13.07 Mn |
| Sep 30, 2024 | 4.18 Mn |
| Jun 30, 2024 | 13.24 Mn |
| Mar 31, 2024 | 12.60 Mn |
| Dec 31, 2023 | 33.95 Mn |
| Sep 30, 2023 | 23.00 Mn |
| Jun 30, 2023 | 22.60 Mn |
| Mar 31, 2023 | 24.16 Mn |
| Dec 31, 2022 | 28.01 Mn |
| Sep 30, 2022 | 19.24 Mn |
| Jun 30, 2022 | 18.41 Mn |
| Mar 31, 2022 | 12.20 Mn |
| Dec 31, 2021 | 8.72 Mn |
| Sep 30, 2021 | 7.24 Mn |
| Jun 30, 2021 | 4.96 Mn |
Velo3D Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VELO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "VELO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=VELO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();