Velo3D (VLDXW) Operating Expenses (2020 - 2025)
Velo3D (VLDXW) posted quarterly Operating Expenses of $14.9 million for Q4 2025, down 28.02% year-over-year from $20.6 million in Q4 2024, and up 42.55% on a QoQ basis from $10.4 million in Q3 2025.
Velo3D (VLDXW) Operating Expenses (2020 - 2025) Analysis & Trends
Velo3D (VLDXW) has reported Operating Expenses for 6 consecutive years, with $14.9 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Expenses fell 28.02% year-over-year to $14.9 million; the TTM figure through Dec 2025 stood at $47.5 million (down 38.06% YoY), while the FY2025 annual figure was $47.5 million, down 38.06% from the prior year.
- Operating Expenses came in at $14.9 million for Q4 2025 at Velo3D, up from $10.4 million in the prior quarter.
- The five-year high for Operating Expenses was $28.2 million in Q2 2023, with the low at -$1.2 million in Q3 2022.
- Average Operating Expenses over 5 years is $18.7 million, with a median of $19.2 million recorded in 2024.
- Across the five-year window, Operating Expenses jumped 329720.0% in 2021 and plunged 107.09% in 2022, its largest moves.
- Year by year, Operating Expenses stood at $20.8 million in 2021, then grew by 24.47% to $25.8 million in 2022, then gained by 0.34% to $25.9 million in 2023, then declined by 20.4% to $20.6 million in 2024, then declined by 28.02% to $14.9 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $14.9 million, $10.4 million, and $10.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 551.00 Mn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 4.13 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 519.00 Mn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 486.00 Mn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 2.11 Bn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 703.39 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 2.40 Bn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 392.81 Mn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 347.49 Mn |
| 10 | Velo3D | - | - | -6.95 Mn | 14.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 14.86 Mn |
| Sep 30, 2025 | 10.43 Mn |
| Jun 30, 2025 | 10.01 Mn |
| Mar 31, 2025 | 12.22 Mn |
| Dec 31, 2024 | 20.65 Mn |
| Sep 30, 2024 | 21.70 Mn |
| Jun 30, 2024 | 16.52 Mn |
| Mar 31, 2024 | 17.84 Mn |
| Dec 31, 2023 | 25.94 Mn |
| Sep 30, 2023 | 26.03 Mn |
| Jun 30, 2023 | 28.24 Mn |
| Mar 31, 2023 | 26.78 Mn |
| Dec 31, 2022 | 25.85 Mn |
| Sep 30, 2022 | -1.17 Mn |
| Jun 30, 2022 | 26.95 Mn |
| Mar 31, 2022 | 27.69 Mn |
| Dec 31, 2021 | 20.77 Mn |
| Sep 30, 2021 | 16.49 Mn |
| Jun 30, 2021 | 13.95 Mn |
| Mar 31, 2021 | 11.50 Mn |