Velo3D (VELO) Gross Margin (2020 - 2026)
Velo3D (VELO) posted quarterly Gross Margin of 73.57% for Q4 2025, down 7006.0% year-over-year from 1.07% in Q4 2024, and down 2417.63% quarter-over-quarter from 3.17% in Q3 2025.
Analysis
Velo3D (VELO) Gross Margin (2020 - 2026) Analysis & Trends
Velo3D's Gross Margin history runs 6 years deep, the most recent figure standing at 73.57% for Q4 2025.
- In Q4 2025, Gross Margin fell 7006.0% year-over-year to 73.57%; the TTM figure through Dec 2025 stood at 16.11% (down 1102.0% YoY), while the FY2025 annual figure was 16.11%, down 1102.0% from the prior year.
- Gross Margin for Q4 2025 stood at 73.57%, down from 3.17% in the prior quarter.
- The five-year high for Gross Margin was 240.94% in Q4 2022, with the low at 6139.96% in Q4 2023.
- The 5-year median for Gross Margin is 1.94% (2025), against an average of 313.05%.
- The sharpest annual moves came in 2023 and 2024: Gross Margin slumped 638091 bps in 2023, then soared 613644 bps in 2024.
- Velo3D's Gross Margin stood at 16.23% in 2021, then soared by 1384 bps to 240.94% in 2022, then sank by 2648 bps to 6139.96% in 2023, then jumped by 100 bps to 3.52% in 2024, then plunged by 1992 bps to 73.57% in 2025.
- Business Quant data shows VELO's Gross Margin at 73.57% in Q4 2025, 3.17% in Q3 2025, and 11.7% in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 318.90 Bn | 307.33 Bn | 7.78 Bn | 17.75% |
| 2 | Arista Networks | 234.08 Bn | 220.73 Bn | 1.91 Bn | 62.93% |
| 3 | Sandisk | 227.99 Bn | 223.23 Bn | 7.58 Bn | 84.57% |
| 4 | Seagate Technology Holdings | 176.93 Bn | 175.23 Bn | 1.90 Bn | 52.30% |
| 5 | Western Digital | 153.49 Bn | 150.26 Bn | 1.68 Bn | 50.22% |
| 6 | Everpure | 30.68 Bn | 29.18 Bn | 723.33 Mn | 68.70% |
| 7 | Hp | 29.47 Bn | 25.30 Bn | 2.95 Bn | 18.79% |
| 8 | Super Micro Computer | 22.23 Bn | 14.71 Bn | 1.94 Bn | 17.47% |
| 9 | Logitech International | 14.30 Bn | 12.55 Bn | 607.94 Mn | 49.54% |
| 10 | Velo3D | 341.31 Mn | 250.16 Mn | 4.44 Mn | 21.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.50% |
| Dec 31, 2025 | -73.57% |
| Sep 30, 2025 | 3.17% |
| Jun 30, 2025 | -11.70% |
| Mar 31, 2025 | 7.48% |
| Dec 31, 2024 | -3.52% |
| Sep 30, 2024 | 49.36% |
| Jun 30, 2024 | -28.01% |
| Mar 31, 2024 | -28.77% |
| Dec 31, 2023 | -1,283.01% |
| Sep 30, 2023 | 0.70% |
| Jun 30, 2023 | 10.09% |
| Mar 31, 2023 | 9.49% |
| Dec 31, 2022 | 13.36% |
| Sep 30, 2022 | -12.91% |
| Jun 30, 2022 | 6.27% |
| Mar 31, 2022 | -6.38% |
| Dec 31, 2021 | 16.23% |
| Sep 30, 2021 | 16.92% |
| Jun 30, 2021 | 30.56% |