Velo3D (VELO) Gross Margin (2020 - 2025)

Velo3D (VELO) has reported Gross Margin for 6 consecutive years, with 73.57% the latest figure, recorded in 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 came in at 73.57% for Q4 2025 at Velo3D, down from 3.17% in the prior quarter.
• The five-year high for Gross Margin was 383.98% in Q4 2022, with the low at 1283.01% in Q4 2023.
• Average Gross Margin over 5 years is 62.77%, with a median of 3.17% recorded in 2025.
• Across the five-year window, Gross Margin tumbled 166699 bps in 2023 and soared 127950 bps in 2024, its largest moves.
• Year by year, Gross Margin stood at 16.23% in 2021, then surged by 2265 bps to 383.98% in 2022, then plunged by 434 bps to 1283.01% in 2023, then jumped by 100 bps to 3.52% in 2024, then slumped by 1992 bps to 73.57% in 2025.
• According to Business Quant data, Gross Margin over the past three periods registered 73.57%, 3.17%, and 11.7% for Q4 2025, Q3 2025, and Q2 2025 respectively.