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| Date | Value |
|---|---|
| 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% |