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Investment Highlights Market Valuation Price Chart Return vs. Risk About VELO Interactive Breakdown Better Bets vs. VELO Latest Trefis Analyses Trade Ideas Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Velo3D (VELO)

Market Price (10/31/2025): $5.22 | Market Cap: $4.9 Mil
Sector: Information Technology | Industry: Technology Hardware, Storage & Peripherals

Velo3D (VELO)

Market Price (10/31/2025): $5.22
Market Cap: $4.9 Mil
Sector: Information Technology
Industry: Technology Hardware, Storage & Peripherals

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0   Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -64 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -147%
1   Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.3%
2   Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -41%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -41%
3   Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 51%
0 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -64 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -147%
1 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -4.3%
2 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -41%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -41%
3 Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 51%

Market Valuation & Key Metrics

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VELO Stock

   
   
   
   
   
   
   
Factor Drivers of Stock Movement
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Return vs. Risk

Price Returns Compared

 202020212022202320242025Total [1]
Returns
VELO Return------0%
Peers Return25%1%-29%114%4%-8%83%
S&P 500 Return16%27%-19%24%23%16%110%

Monthly Win Rates [3]
VELO Win Rate-----0% 
Peers Win Rate37%37%15%38%48%40% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
VELO Max Drawdown------ 
Peers Max Drawdown-13%-20%-32%-2%-16%-37% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 

[1] Cumulative total returns since the beginning of 2020
[2] Peers: EBON, VELO, YIBO, AAPL, DELL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/30/2025 (YTD)

How Low Can It Go

VELO has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.

Unique KeyEventXLKS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-34.0%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven51.6%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven278 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-31.5%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven46.0%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven79 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-24.1%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven31.8%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven105 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-53.6%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven115.3%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1183 days1480 days

Compare to


In The Past

SPDR Select Sector Fund's stock fell -34.0% during the 2022 Inflation Shock from a high on 12/27/2021. A -34.0% loss requires a 51.6% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Velo3D (VELO)

Better Bets than Velo3D (VELO)

 VELOBetter Performance than VELO
MetricValueIndustry (Technology Hardware, Storage &)
Rev Chg LTM-4.3%AAPL (6.0%), DELL (10.5%), STX (38.9%), WDC (39.2%), HPE (14.0%)
Rev Chg 3Y Avg11.9%SMCI (64.7%), IONQ (104.2%), QBTS (55.2%), QUBT (61.0%), AVDX (16.7%)
Op Mgn LTM-147.1%AAPL (31.9%), DELL (6.8%), STX (21.1%), WDC (21.1%), HPE (6.2%)
CFO/Rev LTM-40.6%AAPL (26.6%), DELL (7.4%), STX (11.9%), WDC (12.7%), HPE (7.5%)
FCF/Rev LTM-40.6%AAPL (23.5%), DELL (4.8%), STX (9.0%), WDC (9.6%), HPE (0.7%)
 VELOBetter Performance than VELO
MetricValueAll Other Sectors
Rev Chg LTM-4.3%GOOGL (13.4%), AMZN (10.9%), META (21.3%), TSLA (-1.6%), JPM (8.2%)
Rev Chg 3Y Avg11.9%META (17.3%), JPM (13.5%), LLY (23.4%), MA (13.5%), GE (15.7%)
Op Mgn LTM-147.1%GOOGL (32.2%), AMZN (11.4%), META (43.2%), TSLA (5.1%), WMT (4.2%)
CFO/Rev LTM-40.6%GOOGL (39.3%), AMZN (18.1%), META (56.8%), TSLA (16.5%), WMT (5.5%)
FCF/Rev LTM-40.6%GOOGL (19.1%), AMZN (2.0%), META (23.7%), TSLA (7.1%), WMT (2.0%)
 Best Bets In Information Technology Sector
 VELOVRSN NVDA RMBS QLYS ADBE YOU GEN IDCC DBX KLAC
What You Pay           
P/E�27.157.150.724.320.616.527.022.216.139.5
P/EBIT�19.649.043.222.716.519.69.917.713.732.4
What You Get           
Rev Chg Q31.2%7.3%55.6%22.7%10.3%10.7%17.5%30.3%34.5%-1.4%23.6%
Rev Chg LTM-4.3%5.5%71.6%31.0%9.6%10.7%19.8%10.6%21.8%-0.0%23.9%
Rev Chg 3Y Avg11.9%5.2%92.0%17.3%12.5%10.5%35.5%14.8%23.3%4.1%10.4%
FCF/Rev 3Y Avg-111.2%57.4%41.3%39.3%39.0%37.7%37.3%35.9%35.1%32.9%31.1%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 24%, alpha of 2.9%, and sharpe of 1.04

Trade Ideas

Select past ideas related to VELO. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ADBE_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025ADBEAdobeMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-3.8%-3.8%-6.7%
CRM_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		8.3%8.3%-0.6%
MPWR_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025MPWRMonolithic Power SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		18.1%18.1%-1.8%
POWI_9262025_Dip_Buyer_High_CFO_Margins_ExInd_DE09262025POWIPower IntegrationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap		2.1%2.1%-13.4%
ROP_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025ROPRoper TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-11.0%-11.0%-11.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ADBE_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025ADBEAdobeMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-3.8%-3.8%-6.7%
CRM_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025CRMSalesforceMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		8.3%8.3%-0.6%
MPWR_9302025_Monopoly_xInd_xCD_Getting_Cheaper09302025MPWRMonolithic Power SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		18.1%18.1%-1.8%
POWI_9262025_Dip_Buyer_High_CFO_Margins_ExInd_DE09262025POWIPower IntegrationsDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap		2.1%2.1%-13.4%
ROP_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025ROPRoper TechnologiesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple		-11.0%-11.0%-11.0%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1INBXInhibrx Biosciences176.8%409.8%
2PUMPProPetro71.2%16.2%
3RNAAvidity Biosciences43.5%139.6%
4DYNDyne Therapeutics42.8%-0.0%
5GCIGannett39.3%3.8%
6FORMFormFactor38.3%34.7%
7MBXMBX Biosciences35.1%18.2%
8BBNXBeta Bionics33.8% 
9GHGuardant Health33.3%202.5%
10LUMNLumen Technologies32.7%94.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1PMIPicard Medical-75.2%5106.3%
2LRNStride-56.1%-35.8%
3NTLAIntellia Therapeutics-52.6%5.2%
4FMCFMC-48.7%-66.6%
5FIFiserv-47.4%-68.3%
6VRNSVaronis Systems-43.8%-21.2%
7THRYThryv-33.4%-44.8%
8NFENew Fortress Energy-30.5%-91.9%
9AKBAAkebia Therapeutics-29.5%10.5%
10UAMYUnited States Antimony-28.9%371.2%

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1PRAXPraxis Precision Medicines279.1%161.2%
2INBXInhibrx Biosciences131.0%409.8%
3PUMPProPetro99.6%16.2%
4DYNDyne Therapeutics88.4%-0.0%
5VICRVicor85.4%89.2%
6CELCCelcuity74.6%503.2%
7GLUEMonte Rosa Therapeutics73.5%87.5%
8NVTSNavitas Semiconductor72.1%251.8%
9LUMNLumen Technologies70.3%94.7%
10BALYBallys63.4%4.1%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1PMIPicard Medical-62.9%5106.3%
2LRNStride-53.8%-35.8%
3FMCFMC-51.0%-66.6%
4FIFiserv-48.3%-68.3%
5NFENew Fortress Energy-43.6%-91.9%
6VGVenture Global-41.7% 
7OGNOrganon-40.2%-55.0%
8VRNSVaronis Systems-39.5%-21.2%
9ITGRInteger-38.5%-52.2%
10LENZLENZ Therapeutics-37.9%5.5%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1INBXInhibrx Biosciences176.8%409.8%
2PUMPProPetro71.2%16.2%
3RNAAvidity Biosciences43.5%139.6%
4DYNDyne Therapeutics42.8%-0.0%
5GCIGannett39.3%3.8%
6FORMFormFactor38.3%34.7%
7MBXMBX Biosciences35.1%18.2%
8BBNXBeta Bionics33.8% 
9GHGuardant Health33.3%202.5%
10LUMNLumen Technologies32.7%94.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1PMIPicard Medical-75.2%5106.3%
2LRNStride-56.1%-35.8%
3NTLAIntellia Therapeutics-52.6%5.2%
4FMCFMC-48.7%-66.6%
5FIFiserv-47.4%-68.3%
6VRNSVaronis Systems-43.8%-21.2%
7THRYThryv-33.4%-44.8%
8NFENew Fortress Energy-30.5%-91.9%
9AKBAAkebia Therapeutics-29.5%10.5%
10UAMYUnited States Antimony-28.9%371.2%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Velo3D

Financials

VELOEBONYIBOAAPLDELLMedian
NameVelo3D Ebang In.Planet I.Apple Dell Tec. 
Mkt Price4.994.151.17271.40161.014.99
Mkt Cap---4,044.6109.22,076.9
Rev LTM44--408,625101,451101,451
Op Inc LTM-64--130,2146,9136,913
FCF LTM-18--96,1844,8604,860
FCF 3Y Avg-73--100,5034,4964,496
CFO LTM-18--108,5657,4777,477
CFO 3Y Avg-69--111,5597,2157,215

Growth & Margins

VELOEBONYIBOAAPLDELLMedian
NameVelo3D Ebang In.Planet I.Apple Dell Tec. 
Rev Chg LTM-4.3%--6.0%10.5%6.0%
Rev Chg 3Y Avg11.9%--1.8%-1.3%1.8%
Rev Chg Q31.2%--9.6%19.0%19.0%
QoQ Delta Rev Chg LTM8.0%--2.1%4.9%4.9%
Op Mgn LTM-147.1%--31.9%6.8%6.8%
Op Mgn 3Y Avg-174.7%--30.8%6.1%6.1%
QoQ Delta Op Mgn LTM32.5%--0.1%0.1%0.1%
CFO/Rev LTM-40.6%--26.6%7.4%7.4%
CFO/Rev 3Y Avg-106.9%--28.4%7.5%7.5%
FCF/Rev LTM-40.6%--23.5%4.8%4.8%
FCF/Rev 3Y Avg-111.2%--25.6%4.7%4.7%

Valuation

VELOEBONYIBOAAPLDELLMedian
NameVelo3D Ebang In.Planet I.Apple Dell Tec. 
Mkt Cap---4,044.6109.22,076.9
P/S---9.91.15.5
P/EBIT---31.114.622.8
P/E---40.722.231.5
P/CFO---37.314.625.9
Total Yield---2.8%5.8%4.3%
Dividend Yield---0.4%1.3%0.8%
FCF Yield 3Y Avg---3.2%7.6%5.4%
D/E---0.00.30.1
Net D/E---0.00.20.1

Returns

VELOEBONYIBOAAPLDELLMedian
NameVelo3D Ebang In.Planet I.Apple Dell Tec. 
1M Rtn62.5%-7.8%-13.3%6.6%14.0%6.6%
3M Rtn-2.7%-24.5%30.9%21.8%12.2%
6M Rtn-17.7%-0.8%27.5%76.4%22.6%
12M Rtn--36.7%-61.5%18.5%26.7%-9.1%
3Y Rtn--55.9%-79.8%346.4%79.8%
1M Excs Rtn46.9%-11.4%-14.0%4.6%6.3%4.6%
3M Excs Rtn--2.7%-31.4%24.9%17.5%7.4%
6M Excs Rtn--4.0%-22.6%5.8%54.7%0.9%
12M Excs Rtn--47.4%-77.8%-0.3%18.7%-23.9%
3Y Excs Rtn--131.9%-4.2%277.4%4.2%

Financials

$ Mil | FY: 12/312025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q3
Period End6/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/20233/31/202312/31/20229/30/2022
Filing Date8/6/20255/15/20253/31/20251/14/20258/14/20245/15/20244/3/202411/20/20238/15/20235/10/20233/20/202311/14/2022
Key Financials Quarterly            
Total Revenue149138101022325272819
Ebitda-11-23-25-117-23-47-13-21-3523-74
Operating Income-12-12-22-19-21-21-57-26-26-24-24-28
Net Income-14-25-22-23-0-28-56-19-23-3621-75
EPS-14.70-1.95-12.60-37.05-3.00-57.15-147.00-50.55-61.50-99.7563.00-215.25
Key Financials TTM            
Total Revenue TTM4441413146617710399937961
Ebitda TTM-71-53-52-74-77-105-116-46-1074314-20
Operating Income TTM-64-73-82-118-125-130-133-100-102-102-106-101
Net Income TTM-84-70-73-107-104-127-135-58-114378-27
Growth Rates Quarterly            
Total Revenue Growth31.2%-4.8%414.3%-64.4%-58.8%-63.3%-91.1%21.2%27.9%118.4%166.4%119.4%
EBITDA Growth-271.4%-1.6%46.2%17.9%130.8%33.4%-309.2%82.4%-116.6%46.2%294.4%-13.6%
Operating Income Growth41.1%44.4%62.3%27.5%20.2%11.5%-139.9%7.5%2.0%13.9%-25.5%-86.1%
Net Income Growth-7897.7%10.3%60.9%-17.4%99.3%22.1%-373.2%74.1%-118.1%44.4%242.5%-12.9%
Margins Quarterly            
EBITDA Margin-83.3%-251.0%-200.7%-129.4%63.8%-235.2%-1919.6%-56.1%-85.3%-129.4%81.2%-386.3%
Operating Income Margin-89.1%-127.9%-171.3%-227.3%-198.4%-219.2%-2339.6%-111.6%-102.3%-90.9%-86.4%-146.2%
Net Income Margin-101.4%-272.7%-173.9%-277.2%-1.7%-289.3%-2287.1%-84.0%-92.3%-136.1%74.1%-393.4%
Cash & Debt            
Total Cash14123113172476480113
Total Debt323116403648466536262322
Net Debt / (Cash)31281539333714-7-12-38-57-91
Cash Flows Quarterly            
FCF from Operations-1-12-2-2-8-21-25-22-28-31-32-23
Cash Flows TTM            
FCF from Operations TTM-18-25-33-55-75-95-106-113-114-125-124-117
Returns to Shareholders Quarterly            
Dividends000000000000
Share Repurchases-0-0-0-0-0-0-0-0-0-0-0-0
Return on Invested Capital (ROIC) Quarterly            
ROIC-9.3%-9.2%-17.8%-15.6%-17.1%-18.3%-52.2%-26.3%-27.2%-28.5%-31.6%-42.2%
Return on Invested Capital (ROIC) TTM            
ROIC TTM-12.3%-14.1%-17.0%-24.5%-26.6%-27.9%-30.3%-25.4%-26.9%-30.1%-35.0%-38.3%

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity480,501
Short Interest: % Change Since 93020258.0%
Average Daily Volume1,348,812
Days-to-Cover Short Interest1
Basic Shares Quantity936,114
Short % of Basic Shares51.3%

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/6/2025 ��
3/31/2025   
8/14/2024   
3/26/2024   
11/6/2023   
8/10/2023   
5/1/2023   
2/6/2023   
...
SUMMARY STATS   
# Positive011
# Negative121111
Median Positive   
Median Negative   
Max Positive ��
Max Negative   

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025806202510-Q 6/30/2025
3312025515202510-Q 3/31/2025
12312024331202510-K 12/31/2024
9302024114202510-Q 9/30/2024
6302024814202410-Q 6/30/2024
3312024515202410-Q 3/31/2024
12312023403202410-K 12/31/2023
93020231120202310-Q 9/30/2023
6302023815202310-Q 6/30/2023
3312023510202310-Q 3/31/2023
12312022320202310-K 12/31/2022
93020221114202210-Q 9/30/2022
6302022812202210-Q 6/30/2022
3312022516202210-Q 3/31/2022
12312021328202210-K 12/31/2021
93020211116202110-Q 9/30/2021

Insider Activity

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Industry Resources

Technology Hardware, Storage & Peripherals Resources
The Verge
TechRadar
Tom’s Hardware
PCMag
CNET

External Quote Links


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