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| Date | Value |
|---|---|
| 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 |