Velo3D (VELO) Operating Expenses (2020 - 2025)

Velo3D (VELO) has reported Operating Expenses for 6 consecutive years, with $14.9 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Operating Expenses fell 28.02% year-over-year to $14.9 million; the TTM figure through Dec 2025 stood at $47.5 million (down 38.06% YoY), while the FY2025 annual figure was $47.5 million, down 38.06% from the prior year.
• Operating Expenses came in at $14.9 million for Q4 2025 at Velo3D, 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.
• Across the five-year window, Operating Expenses jumped 329720.0% in 2021 and plunged 107.09% in 2022, its largest moves.
• Year by year, Operating Expenses stood at $20.8 million in 2021, then grew by 24.47% to $25.8 million in 2022, then gained by 0.34% to $25.9 million in 2023, then declined by 20.4% to $20.6 million in 2024, then declined by 28.02% to $14.9 million in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered $14.9 million, $10.4 million, and $10.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.