Growth Metrics

Velo3D (VELO) Research & Development (2020 - 2025)

Velo3D's quarterly Research & Development came in at $3.3 million in Q4 2025, up 13.44% year-on-year from $2.9 million in Q4 2024, and up 20.65% quarter-over-quarter from $2.7 million in Q3 2025.

Velo3D has reported Research & Development for 6 years, with the latest figure at $3.3 million in Q4 2025.

  • For the quarter ending Q4 2025, Research & Development rose 13.44% year-over-year to $3.3 million; the trailing twelve-month figure through Dec 2025 stood at $10.7 million (down 31.19% YoY), and the FY2025 full-year result was $10.7 million, down 31.19% from the prior year.
  • Research & Development for Q4 2025 stood at $3.3 million, up from $2.7 million in the prior quarter.
  • The five-year high for Research & Development was $12.4 million in Q2 2022, with the low at $2.1 million in Q1 2025.
  • Average Research & Development over 5 years is $6.7 million, with a median of $5.5 million recorded in 2021.
  • Year-over-year, Research & Development sank 72.38% in 2022 and soared 351.83% in 2023.
  • Tracing VELO's Research & Development over 5 years: stood at $7.9 million in 2021, then slumped by 72.38% to $2.2 million in 2022, then soared by 351.83% to $9.9 million in 2023, then slumped by 70.72% to $2.9 million in 2024, then advanced by 13.44% to $3.3 million in 2025.
  • The last three Research & Development figures came in at $3.3 million (Q4 2025), $2.7 million (Q3 2025), and $2.6 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Dell Technologies 284.11 Bn 272.59 Bn 6.73 Bn 797.00 Mn
2 Sandisk 250.86 Bn 247.12 Bn 4.66 Bn 337.00 Mn
3 Arista Networks 200.57 Bn 188.21 Bn 1.68 Bn 343.70 Mn
4 Seagate Technology Holdings 190.92 Bn 189.77 Bn 1.45 Bn 194.00 Mn
5 Western Digital 181.67 Bn 178.44 Bn 1.68 Bn 294.00 Mn
6 Super Micro Computer 27.56 Bn 26.27 Bn 1.02 Bn 215.66 Mn
7 Everpure 26.12 Bn 25.11 Bn 740.09 Mn 243.16 Mn
8 IonQ 25.86 Bn 23.84 Bn 15.41 Mn 125.74 Mn
9 Hp 25.04 Bn 21.89 Bn 2.84 Bn 392.00 Mn
10 Velo3D 395.85 Mn 356.84 Mn -6.95 Mn 3.28 Mn

Historic Data

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DateValue
Dec 31, 2025 3.28 Mn
Sep 30, 2025 2.72 Mn
Jun 30, 2025 2.59 Mn
Mar 31, 2025 2.06 Mn
Dec 31, 2024 2.90 Mn
Sep 30, 2024 3.88 Mn
Jun 30, 2024 4.04 Mn
Mar 31, 2024 4.67 Mn
Dec 31, 2023 9.89 Mn
Sep 30, 2023 9.49 Mn
Jun 30, 2023 12.24 Mn
Mar 31, 2023 10.42 Mn
Dec 31, 2022 2.19 Mn
Sep 30, 2022 11.39 Mn
Jun 30, 2022 12.44 Mn
Mar 31, 2022 12.42 Mn
Dec 31, 2021 7.92 Mn
Sep 30, 2021 7.99 Mn
Jun 30, 2021 6.40 Mn
Mar 31, 2021 4.70 Mn
Dec 31, 2020 3.27 Mn
Sep 30, 2020 4.04 Mn