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
Download Data| Date | Value |
|---|---|
| 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 |