Velo3D (VELO) Cost of Revenue (2020 - 2025)

Velo3D (VELO) has reported Cost of Revenue for 6 consecutive years, with $49.0 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Cost of Revenue rose 3129.64% year-over-year to $49.0 million; the TTM figure through Dec 2025 stood at $53.4 million (up 315.13% YoY), while the FY2025 annual figure was $53.4 million, up 315.13% from the prior year.
• Cost of Revenue came in at $49.0 million for Q4 2025 at Velo3D, up from $1.8 million in the prior quarter.
• The five-year high for Cost of Revenue was $49.0 million in Q4 2025, with the low at $1.1 million in Q1 2025.
• Average Cost of Revenue over 5 years is $11.4 million, with a median of $4.3 million recorded in 2024.
• Across the five-year window, Cost of Revenue slumped 95.17% in 2024 and jumped 3129.64% in 2025, its largest moves.
• Year by year, Cost of Revenue stood at $14.8 million in 2021, then jumped by 89.59% to $28.0 million in 2022, then climbed by 12.29% to $31.5 million in 2023, then plunged by 95.17% to $1.5 million in 2024, then surged by 3129.64% to $49.0 million in 2025.
• According to Business Quant data, Cost of Revenue over the past three periods registered $49.0 million, $1.8 million, and $1.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.