Velo3D (VLDXW) Gross Margin (2020 - 2025)

Velo3D (VLDXW) recorded quarterly Gross Margin of 73.57% in Q4 2025, down 2417.63% quarter-over-quarter from 3.17% in Q3 2025, and down 7006.0% on a YoY basis from 1.07% in Q4 2024.

Velo3D (VLDXW) Gross Margin (2020 - 2025) Analysis & Trends

Velo3D's Gross Margin history runs 6 years deep, the most recent figure standing at 73.57% for Q4 2025.

  • In Q4 2025, Gross Margin fell 7006.0% year-over-year to 73.57%; the TTM figure through Dec 2025 stood at 16.11% (down 1102.0% YoY), while the FY2025 annual figure was 16.11%, down 1102.0% from the prior year.
  • Gross Margin was 73.57% for Q4 2025 at Velo3D, down from 3.17% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 383.98% in Q4 2022 to a low of 1283.01% in Q4 2023.
  • Historically, Gross Margin has averaged 62.77% across 5 years, with a median of 3.17% in 2025.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin slumped 166699 bps in 2023, then soared 127950 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 16.23% in 2021, then surged by 2265 bps to 383.98% in 2022, then tumbled by 434 bps to 1283.01% in 2023, then jumped by 100 bps to 3.52% in 2024, then sank by 1992 bps to 73.57% in 2025.
  • The last three Gross Margin figures came in at 73.57% (Q4 2025), 3.17% (Q3 2025), and 11.7% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 20.16%
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 78.35%
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 61.90%
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 46.50%
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 50.22%
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 9.95%
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 69.89%
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 20.93%
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn 23.84%
10 Velo3D - - -6.95 Mn -73.57%

Historic Data

Download Data
DateValue
Dec 31, 2025 -73.57%
Sep 30, 2025 3.17%
Jun 30, 2025 -11.70%
Mar 31, 2025 7.48%
Dec 31, 2024 -3.52%
Sep 30, 2024 49.36%
Jun 30, 2024 -28.01%
Mar 31, 2024 -28.77%
Dec 31, 2023 -1,283.01%
Sep 30, 2023 0.70%
Jun 30, 2023 10.09%
Mar 31, 2023 9.49%
Dec 31, 2022 383.98%
Sep 30, 2022 -265.80%
Jun 30, 2022 6.99%
Dec 31, 2021 16.23%
Sep 30, 2021 16.92%
Jun 30, 2021 30.56%
Mar 31, 2021 -33.28%
Dec 31, 2020 35.21%