Here are the 10-Q quarterly 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-Q covers the quarterly report filed between annual reports, 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 reports higher scale but ongoing losses for the quarter and six months ended June 30, 2026. Total revenue rose to $20.7 million for the quarter and $34.5 million year-to-date, driven mainly by 3D printers and parts, with the Americas as the primary region.
The company posted a quarterly net loss of $11.5 million and a six‑month loss of $18.5 million, though gross profit improved from a prior‑year loss to a positive $4.4 million in the quarter. Operating cash use was substantial at $39.5 million for six months. To bolster liquidity, Velo3D completed an April 2026 underwritten equity offering raising $50.0 million and launched an at‑the‑market program, selling 2.2 million shares for $59.4 million in gross proceeds. Cash and cash equivalents increased to $91.1 million, and several high‑interest secured notes were converted to equity or repaid, leaving $8.2 million of equipment loan debt outstanding.
Despite these actions, management cites recurring losses, negative operating cash flows, and ongoing capital needs and concludes that substantial doubt about the company’s ability to continue as a going concern remains for the next 12 months.
Velo3D reported higher sales but remains under severe financial strain. Revenue for the quarter ended March 31, 2026 rose to $13.8 million from $9.3 million a year earlier, driven mainly by 3D printer and parts revenue of $12.0 million.
The net loss narrowed to $7.0 million from $25.0 million, and gross profit improved to $2.4 million from $0.7 million. However, operating activities used $18.0 million of cash, leaving cash and cash equivalents at $16.6 million versus $39.0 million at year-end 2025. Management states that substantial doubt exists about the company’s ability to continue as a going concern without new financing.
During the quarter, Velo3D converted $15.0 million of secured convertible notes plus accrued interest into common stock, repaid a $3.0 million secured note, and ended with $9.2 million outstanding under a 2025 equipment loan. After quarter-end it raised about $50 million gross in an underwritten equity offering and filed a shelf registration to support potential future at-the-market sales.