Velo3D (VELO) Gross Margin (2020 - 2025)

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.

Velo3D (VELO) Gross Margin (2020 - 2025) 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Dell Technologies 278.57 Bn 266.99 Bn 7.78 Bn 17.75%
2 Arista Networks 232.75 Bn 220.40 Bn 1.68 Bn 61.90%
3 Sandisk 190.63 Bn 186.89 Bn 4.66 Bn 78.35%
4 Seagate Technology Holdings 186.50 Bn 185.35 Bn 1.45 Bn 46.50%
5 Western Digital 184.00 Bn 180.76 Bn 1.68 Bn 50.22%
6 Everpure 26.61 Bn 25.11 Bn 723.33 Mn 68.70%
7 Hp 24.78 Bn 21.08 Bn 3.02 Bn 20.93%
8 Super Micro Computer 17.22 Bn 15.93 Bn 1.02 Bn 9.95%
9 Logitech International 16.90 Bn 15.15 Bn 607.94 Mn 49.54%
10 Velo3D 187.62 Mn 148.61 Mn -6.95 Mn -73.57%

Historic Data

Download Data
DateValue
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 -6,139.96%
Sep 30, 2023 0.70%
Jun 30, 2023 10.09%
Mar 31, 2023 9.49%
Dec 31, 2022 240.94%
Sep 30, 2022 -265.80%
Jun 30, 2022 8.95%
Mar 31, 2022 -70.33%
Dec 31, 2021 16.23%
Sep 30, 2021 16.92%
Jun 30, 2021 30.56%
Mar 31, 2021 -33.28%