Growth Metrics

Velo3D (VELO) Operating Expenses (2020 - 2025)

Velo3D's quarterly Operating Expenses came in at $14.9 million in Q4 2025, down 28.02% year-on-year from $20.6 million in Q4 2024, and up 42.55% quarter-over-quarter from $10.4 million in Q3 2025.

Velo3D has reported Operating Expenses for 6 years, with the latest figure at $14.9 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses fell 28.02% year-over-year to $14.9 million; the trailing twelve-month figure through Dec 2025 stood at $47.5 million (down 38.06% YoY), and the FY2025 full-year result was $47.5 million, down 38.06% from the prior year.
  • Operating Expenses for Q4 2025 stood at $14.9 million, up from $10.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $28.2 million in Q2 2023, with the low at -$1.2 million in Q3 2022.
  • Average Operating Expenses over 5 years is $18.7 million, with a median of $19.2 million recorded in 2024.
  • Year-over-year, Operating Expenses soared 329720.0% in 2021 and tumbled 107.09% in 2022.
  • Tracing VELO's Operating Expenses over 5 years: stood at $20.8 million in 2021, then advanced by 24.47% to $25.8 million in 2022, then increased by 0.34% to $25.9 million in 2023, then slipped by 20.4% to $20.6 million in 2024, then slipped by 28.02% to $14.9 million in 2025.
  • The last three Operating Expenses figures came in at $14.9 million (Q4 2025), $10.4 million (Q3 2025), and $10.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Dell Technologies 284.11 Bn 272.59 Bn 6.73 Bn 3.64 Bn
2 Sandisk 250.86 Bn 247.12 Bn 4.66 Bn 551.00 Mn
3 Arista Networks 200.57 Bn 188.21 Bn 1.68 Bn 519.00 Mn
4 Seagate Technology Holdings 190.92 Bn 189.77 Bn 1.45 Bn 2.11 Bn
5 Western Digital 181.67 Bn 178.44 Bn 1.68 Bn 486.00 Mn
6 Super Micro Computer 27.56 Bn 26.27 Bn 1.02 Bn 392.81 Mn
7 Everpure 26.12 Bn 25.11 Bn 740.09 Mn 652.89 Mn
8 IonQ 25.86 Bn 23.84 Bn 15.41 Mn 336.18 Mn
9 Hp 25.04 Bn 21.89 Bn 2.84 Bn 2.08 Bn
10 Velo3D 395.85 Mn 356.84 Mn -6.95 Mn 14.86 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 14.86 Mn
Sep 30, 2025 10.43 Mn
Jun 30, 2025 10.01 Mn
Mar 31, 2025 12.22 Mn
Dec 31, 2024 20.65 Mn
Sep 30, 2024 21.70 Mn
Jun 30, 2024 16.52 Mn
Mar 31, 2024 17.84 Mn
Dec 31, 2023 25.94 Mn
Sep 30, 2023 26.03 Mn
Jun 30, 2023 28.24 Mn
Mar 31, 2023 26.78 Mn
Dec 31, 2022 25.85 Mn
Sep 30, 2022 -1.17 Mn
Jun 30, 2022 26.95 Mn
Mar 31, 2022 27.69 Mn
Dec 31, 2021 20.77 Mn
Sep 30, 2021 16.49 Mn
Jun 30, 2021 13.95 Mn
Mar 31, 2021 11.50 Mn
Dec 31, 2020 183,573.00
Sep 30, 2020 5,000.00