Velo3D (VELO) reported second-quarter 2026 revenue of $20.7 million, up 52.3% year over year, and a GAAP net loss of $11.5 million, compared with a $13.3 million loss a year earlier. GAAP net loss per share was $0.39, versus $0.94 in the second quarter of 2025.
The company said cash and cash equivalents were $91.1 million as of June 30, 2026. Velo3D also increased its full-year 2026 revenue guidance to $65 million to $75 million, from $60 million to $70 million.
- Second-quarter GAAP gross margin was 21.5%, compared with negative 11.7% a year earlier.
- 3D Printer and parts revenue was $19.0 million, up 57.0% from the second quarter of 2025.
- Operating expenses were $15.5 million, compared with $10.0 million a year earlier.
- The company reported $29 million in new bookings and ending backlog of $31 million as of June 30, 2026.
- Velo3D launched its Livermore Production Campus, expected to triple manufacturing production capacity and become operational later this year.
