Here are the 10-K annual reports from Velo3D Inc WTS (VLDXW) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow VLDXW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VLDXW filings page.
Velo3D, Inc. files its annual report describing a metal additive manufacturing business focused on production-grade 3D printing systems and services for defense, aerospace, energy and industrial customers. The company sells Sapphire printers, offers Rapid Production Solutions and engineering services, and emphasizes repeatable, high-complexity metal parts.
Management discloses substantial doubt about Velo3D’s ability to continue as a going concern, citing large operating losses, liquidity pressure, supplier constraints and delayed customer orders. For the year ended December 31, 2025, 56% of revenue came from defense-related programs, 24% from aerospace and aviation, and 20% from energy, semiconductor and other industrial applications.
The company reports significant R&D investment, an asset-light manufacturing model, and a portfolio of 57 issued patents and 46 foreign trademark registrations. It highlights heavy reliance on a limited number of customers, the need for near‑term additional capital, risks tied to equipment financing and sale‑leaseback obligations, and extensive regulatory, operational, cybersecurity and IP-related risk factors.