Velo3D (VELO) Work In Process (2021 - 2026)
Velo3D's Work In Process was $6.63 million in Q2 2026, up 115.6% from $3.08 million a year earlier.
Analysis
Velo3D (VELO) Work In Process (2021 - 2026) Analysis & Trends
At the end of FY2025, Work In Process at Velo3D came in at $6.28 million, down 35.0% from FY2024.
- Work In Process has now declined for three consecutive years, though with a four-year compound annual growth rate of 1.6% (FY2021 to FY2025).
- In earlier years, Work In Process was $9.66 million in FY2024 (-2.6%), $9.92 million in FY2023 (-21.4%), $12.62 million in FY2022 (+114.4%) and $5.89 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Work In Process since Q4 2024.
- Compared with a year earlier, Work In Process was higher in two of the last seven quarters, with an average decline of 14.9%.
- The best year-over-year quarter for Work In Process over five years was Q2 2026 (growth of 115.6%); the worst was Q2 2025 (a decline of 77.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn |
| 10 | Velo3D | 352.68 Mn | 237.93 Mn | 4.44 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.63 Mn |
| Dec 31, 2025 | 6.28 Mn |
| Sep 30, 2025 | 5.80 Mn |
| Jun 30, 2025 | 3.08 Mn |
| Mar 31, 2025 | 4.03 Mn |
| Dec 31, 2024 | 9.66 Mn |
| Sep 30, 2024 | 12.76 Mn |
| Jun 30, 2024 | 13.71 Mn |
| Mar 31, 2024 | 15.49 Mn |
| Dec 31, 2023 | 9.92 Mn |
| Sep 30, 2023 | 10.30 Mn |
| Jun 30, 2023 | 9.37 Mn |
| Mar 31, 2023 | 8.53 Mn |
| Dec 31, 2022 | 12.62 Mn |
| Sep 30, 2022 | 17.56 Mn |
| Jun 30, 2022 | 17.23 Mn |
| Mar 31, 2022 | 10.73 Mn |
| Dec 31, 2021 | 5.89 Mn |
API Access
Velo3D Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=VELO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "VELO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=VELO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();