Velo3D (VELO) Research & Development (2020 - 2026)

Velo3D's Research & Development history runs 6 years deep, the most recent figure standing at $6.3 million for Q4 2025.

• In Q4 2025, Research & Development rose 2225.46% year-over-year to $6.3 million; the TTM figure through Dec 2025 stood at $12.7 million (down 1.24% YoY), while the FY2025 annual figure was $10.7 million, down 17.15% from the prior year.
• Research & Development for Q4 2025 stood at $6.3 million, up from $2.7 million in the prior quarter.
• The five-year high for Research & Development was $13.0 million in Q2 2022, with the low at -$1.2 million in Q3 2022.
• The 5-year median for Research & Development is $4.7 million (2024), against an average of $4.6 million.
• The sharpest annual moves came in 2022 and 2025: Research & Development sank 114.64% in 2022, then surged 2225.46% in 2025.
• Velo3D's Research & Development stood at $7.9 million in 2021, then plunged by 114.76% to -$1.2 million in 2022, then jumped by 542.69% to $5.2 million in 2023, then slumped by 94.76% to $271000.0 in 2024, then soared by 2225.46% to $6.3 million in 2025.
• Business Quant data shows VELO's Research & Development at $6.3 million in Q4 2025, $2.7 million in Q3 2025, and $2.6 million in Q2 2025.