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

Velo3D (VELO) has reported Research & Development for 6 consecutive years, with $3.3 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Research & Development rose 13.44% year-over-year to $3.3 million; the TTM figure through Dec 2025 stood at $10.7 million (down 31.19% YoY), while the FY2025 annual figure was $10.7 million, down 31.19% from the prior year.
• Research & Development came in at $3.3 million for Q4 2025 at Velo3D, 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.
• Across the five-year window, Research & Development slumped 72.38% in 2022 and jumped 351.83% in 2023, its largest moves.
• Year by year, Research & Development stood at $7.9 million in 2021, then plunged by 72.38% to $2.2 million in 2022, then surged by 351.83% to $9.9 million in 2023, then plunged by 70.72% to $2.9 million in 2024, then grew by 13.44% to $3.3 million in 2025.
• According to Business Quant data, Research & Development over the past three periods registered $3.3 million, $2.7 million, and $2.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.