Velo3D (VLDXW) Operating Expenses (2020 - 2025)

Velo3D's Operating Expenses history runs 6 years deep, the most recent figure standing at $14.9 million for 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 was $14.9 million for Q4 2025 at Velo3D, up from $10.4 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $28.2 million in Q2 2023 to a low of -$1.2 million in Q3 2022.
• Historically, Operating Expenses has averaged $18.7 million across 5 years, with a median of $19.2 million in 2024.
• The sharpest annual moves came in 2021 and 2022: Operating Expenses jumped 329720.0% in 2021, then tumbled 107.09% in 2022.
• A 5-year view of Operating Expenses shows it stood at $20.8 million in 2021, then gained by 24.47% to $25.8 million in 2022, then grew by 0.34% to $25.9 million in 2023, then decreased by 20.4% to $20.6 million in 2024, then decreased by 28.02% to $14.9 million in 2025.
• The last three Operating Expenses figures came in at $14.9 million (Q4 2025), $10.4 million (Q3 2025), and $10.0 million (Q2 2025), per Business Quant data.