---
title: "Velo3D posts $13.6 million in Q3 2025 revenue following Nasdaq uplisting"
url: https://www.voxelmatters.com/velo3d-posts-13-6-million-in-q3-2025-revenue-following-nasdaq-uplisting/
date: 2025-12-05
modified: 2025-12-05
lang: en
author: "Davide Sher"
description: "Velo3D, a U.S.-based metal additive manufacturing company trading on the Nasdaq under the ticker VELO, reported revenue of $13.6 million for the third quarter of 2025, up from $8.2 million..."
categories:
  - "Financial Reports"
  - "Money & Funding"
  - "Stocks"
tags:
  - "insights"
image: https://www.voxelmatters.com/wp-content/uploads/2024/02/Velo3D-640x347.jpeg
word_count: 470
---

# Velo3D posts $13.6 million in Q3 2025 revenue following Nasdaq uplisting

[Velo3D, a U.S.-based metal additive manufacturing company trading on the Nasdaq under the ticker VELO](https://www.voxelmatters.directory/company/velo3d/), reported revenue of $13.6 million for the third quarter of 2025, up from $8.2 million a year earlier. The company ended the quarter with a $21.1 million backlog and reaffirmed expectations for full-year revenue between $50 million and $60 million. It also maintained its forecast to achieve positive earnings before interest, taxes, depreciation and amortization (EBITDA) in the first half of 2026.

## Revenue growth and operational focus

Velo3D attributed its year-over-year growth to increased sales of its Sapphire metal 3D printers and related parts, supported by momentum in its Rapid Production Services (RPS) business. The company’s gross margin for the quarter was 3.2%, compared with 49.4% in the same period last year. The prior-year figure included a one-time $5 million license deal that boosted margins. Sequentially, margins improved from a negative 11.7% in the second quarter.

Operating expenses declined sharply to $11.1 million from $22.9 million in the third quarter of 2024, reflecting cost controls and restructuring. The company reported a GAAP net loss of $11.8 million, compared with a $23.1 million loss a year earlier. On a non-GAAP basis, net loss was $9.2 million, with adjusted EBITDA at negative $7.3 million versus negative $9.7 million in the prior-year quarter.

As of September 30, Velo3D held $11.8 million in cash and cash equivalents, up from $1.2 million at the end of 2024. The increase followed a public stock offering completed during the quarter, which raised approximately $17.5 million.

## Expanding defense and aerospace business

The company’s third-quarter activity included several government and defense-related initiatives. Velo3D signed $6 million in agreements to develop and qualify copper-nickel alloy for the U.S. Navy’s Maritime Industrial Base Program and joined a U.S. Army-funded effort to advance high-throughput additive manufacturing for aluminum components. It also signed a supply agreement with Linde AMT for domestically produced copper-nickel powder and achieved AS9100D certification for its RPS quality management system.

The company integrated Dyndrite’s LPBF Pro software into its Sapphire and Sapphire XC platforms to offer users greater control over print parameters and toolpath optimization. Velo3D also expanded its partnership with Innovative Rocket Technologies Inc. to scale U.S.-based production of reusable launch and defense hardware.

Chief Executive Officer Arun Jeldi said the results reflect progress in improving operational efficiency and growing recurring business. “We are encouraged by the market response to our Rapid Production Services, which is leading to repeat orders, new customer signings, and strategic agreements across aerospace and defense,” Jeldi said.

For the remainder of 2025, Velo3D expects sequential margin improvement and projects gross margin above 30% in the fourth quarter. It continues to guide for non-GAAP operating expenses between $40 million and $50 million, capital expenditures between $15 million and $20 million, and positive EBITDA in the first half of 2026.