Velo3D (VELO)
Market Price (5/12/2026): $14.52 | Market Cap: $357.3 MilSector: Financials | Industry: Multi-Sector Holdings
Velo3D (VELO)
Market Price (5/12/2026): $14.52Market Cap: $357.3 MilSector: FinancialsIndustry: Multi-Sector Holdings
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include Advanced Aviation & Space, Automation & Robotics, and Advanced Materials. Themes include Commercial Space Exploration, Show more. | Meaningful short interestShort 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 16% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -55 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -119% Stock price has recently run up significantly6M Rtn6 month market price return is 195%, 12M Rtn12 month market price return is 147% Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -12%, Rev Chg QQuarterly Revenue Change % is -25% Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 21% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -59%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -61% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 2327% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -24% High stock price volatilityVol 12M is 193% Key risksVELO key risks include [1] severe liquidity constraints raising substantial doubt about its ability to continue as a going concern, Show more. |
| Megatrend and thematic driversMegatrends include Advanced Aviation & Space, Automation & Robotics, and Advanced Materials. Themes include Commercial Space Exploration, Show more. |
| Meaningful short interestShort 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 16% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -55 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -119% |
| Stock price has recently run up significantly6M Rtn6 month market price return is 195%, 12M Rtn12 month market price return is 147% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -12%, Rev Chg QQuarterly Revenue Change % is -25% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 21% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -59%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -61% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 2327% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -24% |
| High stock price volatilityVol 12M is 193% |
| Key risksVELO key risks include [1] severe liquidity constraints raising substantial doubt about its ability to continue as a going concern, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Velo3D secured a significant multi-year contract from the Department of War.
On March 30, 2026, Velo3D was awarded a $9.8 million contract from the Defense Logistics Agency as part of the Joint Additive Manufacturing Acceptability Pilot Parts Program.
2. The company announced a strategic partnership with Andretti Performance.
On April 21, 2026, Velo3D partnered with Andretti Performance for the 2026 IMSA Michelin Pilot Challenge, serving as a sponsor and additive manufacturing technology provider. This collaboration involves utilizing a 3D-printed aluminum mounting bracket to enhance cockpit system performance.
Show more
Stock Movement Drivers
Fundamental Drivers
The 9.9% change in VELO stock from 1/31/2026 to 5/11/2026 was primarily driven by a 2432.3% change in the company's P/S Multiple.| (LTM values as of) | 1312026 | 5112026 | Change |
|---|---|---|---|
| Stock Price ($) | 13.17 | 14.47 | 9.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 49 | 46 | -6.5% |
| P/S Multiple | 0.3 | 7.7 | 2432.3% |
| Shares Outstanding (Mil) | 1 | 25 | -95.4% |
| Cumulative Contribution | 9.9% |
Market Drivers
1/31/2026 to 5/11/2026| Return | Correlation | |
|---|---|---|
| VELO | 9.9% | |
| Market (SPY) | 3.6% | 15.3% |
| Sector (XLF) | -3.7% | 7.3% |
Fundamental Drivers
The 160.7% change in VELO stock from 10/31/2025 to 5/11/2026 was primarily driven by a 6424.4% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 5112026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.55 | 14.47 | 160.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 44 | 46 | 5.0% |
| P/S Multiple | 0.1 | 7.7 | 6424.4% |
| Shares Outstanding (Mil) | 1 | 25 | -96.2% |
| Cumulative Contribution | 160.7% |
Market Drivers
10/31/2025 to 5/11/2026| Return | Correlation | |
|---|---|---|
| VELO | 160.7% | |
| Market (SPY) | 5.5% | 21.3% |
| Sector (XLF) | -1.4% | 23.0% |
Fundamental Drivers
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Market Drivers
4/30/2025 to 5/11/2026| Return | Correlation | |
|---|---|---|
| VELO | ||
| Market (SPY) | 30.4% | 25.0% |
| Sector (XLF) | 6.6% | 24.7% |
Fundamental Drivers
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Market Drivers
4/30/2023 to 5/11/2026| Return | Correlation | |
|---|---|---|
| VELO | ||
| Market (SPY) | 78.7% | 25.0% |
| Sector (XLF) | 61.9% | 24.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| VELO Return | - | - | - | - | 135% | -2% | 130% |
| Peers Return | 4% | -51% | 18% | -17% | 5% | 27% | -33% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| VELO Win Rate | - | - | - | - | 40% | 20% | |
| Peers Win Rate | 35% | 38% | 50% | 40% | 50% | 55% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| VELO Max Drawdown | - | - | - | - | -49% | -37% | |
| Peers Max Drawdown | -33% | -56% | -34% | -57% | -35% | -13% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: DDD, SSYS, PRLB, XMTR.
[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] 2026 data is for the year up to 5/11/2026 (YTD)
How Low Can It Go
VELO has limited trading history. Below is the Financials sector ETF (XLF) in its place.
| Event | XLF | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -15.5% | -18.8% |
| % Gain to Breakeven | 18.4% | 23.1% |
| Time to Breakeven | 80 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -10.7% | -9.5% |
| % Gain to Breakeven | 12.0% | 10.5% |
| Time to Breakeven | 26 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -16.1% | -6.7% |
| % Gain to Breakeven | 19.1% | 7.1% |
| Time to Breakeven | 270 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.3% | -24.5% |
| % Gain to Breakeven | 28.6% | 32.4% |
| Time to Breakeven | 467 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.8% | -33.7% |
| % Gain to Breakeven | 74.8% | 50.9% |
| Time to Breakeven | 289 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -19.7% | -19.2% |
| % Gain to Breakeven | 24.5% | 23.7% |
| Time to Breakeven | 123 days | 105 days |
In The Past
State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
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VELO has limited trading history. Below is the Financials sector ETF (XLF) in its place.
| Event | XLF | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.3% | -24.5% |
| % Gain to Breakeven | 28.6% | 32.4% |
| Time to Breakeven | 467 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.8% | -33.7% |
| % Gain to Breakeven | 74.8% | 50.9% |
| Time to Breakeven | 289 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -21.4% | -12.2% |
| % Gain to Breakeven | 27.3% | 13.9% |
| Time to Breakeven | 272 days | 62 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -26.1% | -17.9% |
| % Gain to Breakeven | 35.3% | 21.8% |
| Time to Breakeven | 162 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -78.3% | -53.4% |
| % Gain to Breakeven | 359.8% | 114.4% |
| Time to Breakeven | 2329 days | 1085 days |
In The Past
State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Velo3D (VELO)
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The key risks to Velo3D's business operations include its significant cash burn and funding requirements, the execution challenges in its business model transition, and a high degree of customer concentration.
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Cash Burn and Funding Risk: Velo3D has demonstrated persistent losses and a limited cash position, with only $11.8 million in cash and cash equivalents as of September 30, 2025. The company's negative operating cash flow further highlights its reliance on external financing. To support its ambitious growth plans and achieve profitability, Velo3D may need to raise additional capital through equity or debt, which could result in shareholder dilution or higher financing costs.
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Execution Risk of Business Model Transition: Velo3D is in the midst of a strategic turnaround, shifting its business model from primarily hardware sales to a more recurring, service-driven structure through its Rapid Production Services (RPS) program. The company aims to achieve positive earnings before interest, taxes, depreciation, and amortization (EBITDA) by the first half of 2026, contingent upon successfully scaling consumables sales, service contracts, and RPS bookings. There are concerns regarding manufacturing inefficiencies and a history of inconsistent performance, making the achievement of these operational and financial targets far from guaranteed.
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Customer Concentration: A substantial portion of Velo3D's revenue is derived from a small number of customers. As of September 2025, the top three customers accounted for 51% of the company's revenue. This level of customer concentration makes Velo3D vulnerable to significant impacts on its financial results should there be any sudden delays, cancellations, or changes in demand from these key buyers.
AI Analysis | Feedback
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Velo3D (NASDAQ: VELO) operates within the metal additive manufacturing (3D printing) industry, providing integrated solutions including hardware (Sapphire® printers), software (Flow™ and Assure™), and services (Rapid Production Solutions). The company's technology is primarily used for mission-critical metal parts in sectors such as aerospace, defense, energy, automotive, and healthcare.
The addressable markets for Velo3D's main products and services can be defined by the broader additive manufacturing market and the more specific metal 3D printing market.
Global Additive Manufacturing Market
- The global additive manufacturing market size was estimated at USD 20.37 billion in 2023 and is projected to reach USD 88.28 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 23.3% from 2024 to 2030.
- Another estimate places the global additive manufacturing market size at USD 25.92 billion in 2025, with a projection to increase to approximately USD 125.94 billion by 2034, expanding at a CAGR of 19.29% from 2025 to 2034.
- Other reports indicate the market was valued at USD 113.1 billion in 2025 and is projected to reach USD 647.7 billion by 2035, growing at a CAGR of 21.4% during the forecast period of 2026-2035.
Global Metal 3D Printing Market
- The global metal 3D printing market size was estimated at USD 7.73 billion in 2023 and is projected to reach USD 35.33 billion by 2030, growing at a CAGR of 24.2% from 2024 to 2030.
- Another assessment values the global metal 3D printing market size at USD 12.04 billion in 2025, with an anticipated increase to approximately USD 102.32 billion by 2035, expanding at a CAGR of 23.86% from 2026 to 2035.
- The global 3D printing metals market size was valued at USD 3.05 billion in 2025 and is projected to grow to USD 15.78 billion by 2034 at a CAGR of 20.3% during the forecast period.
Regional Market Share (North America)
- North America is a significant region for both additive manufacturing and metal 3D printing. It dominated the additive manufacturing market in 2022, accounting for a revenue share of more than 34%. In 2024, North America led the additive manufacturing market with over 37% share.
- Specifically for the U.S., the additive manufacturing market size was USD 6.64 billion in 2025 and is estimated to reach around USD 33.83 billion by 2034.
- In the metal 3D printing market, North America also held a dominant position with a revenue share of 33.81% in 2023, and 34% in 2025. North America's share of the global 3D printing metals market was 41.30% in 2025, valued at USD 1.26 billion.
AI Analysis | Feedback
Velo3D (NASDAQ: VELO) is strategically focusing on several key initiatives to drive future revenue growth over the next two to three years. These drivers emphasize a shift towards a more service-oriented model, expansion within critical industries, and continued technological innovation. Here are the expected drivers of Velo3D's future revenue growth: * **Growth of Rapid Production Services (RPS)**: Velo3D anticipates substantial revenue growth from its Rapid Production Services (RPS) offering. This service allows customers to leverage Velo3D's production capabilities and expertise for manufacturing high-quality metal parts without significant capital investment, providing flexible and scalable solutions. RPS is projected to contribute up to 40% of the company's total revenue by 2026 and is gaining strong momentum with repeat orders and new customer signings, particularly within the space and defense sectors. This strategic pivot towards a service-driven model is expected to generate recurring revenue and improve gross margins by enhancing machine utilization. * **Expanded Presence in Defense and Aerospace Sectors**: The company is intensifying its focus on the high-value defense and aerospace industries, where there is a significant demand for mission-critical and complex metal parts. Velo3D has secured strategic agreements and partnerships with key players, including collaborations with the U.S. Navy and Army to advance additive manufacturing capabilities for military applications. A substantial portion of RPS bookings, specifically 86% of the demand, originated from the defense and space sectors in the second quarter of 2025. * **Increased Sales of Sapphire Metal 3D Printers and Associated Parts**: While expanding its service offerings, Velo3D continues to drive revenue through the sales of its advanced Sapphire metal 3D printers and related components. The company's year-over-year revenue growth in Q3 2025 was attributed, in part, to increased sales of its Sapphire metal 3D printers and associated parts. This indicates ongoing demand for its core hardware products, which are integral to its end-to-end additive manufacturing solution. * **Geographical Expansion and Diversification into New Markets**: Velo3D aims to establish a global presence and expand its market reach beyond its traditional strongholds in aerospace and defense. The company is actively exploring new geographic markets and is experiencing demand from regions such as Australia, Japan, Southeast Asia, and the Middle East. Furthermore, Velo3D plans to diversify into new industries like oil and gas and semiconductor manufacturing, broadening its customer base and opening up new revenue streams for its metal additive manufacturing solutions. * **Continuous Innovation and New Product Development**: Velo3D's long-term growth strategy includes ongoing investment in research and development to create next-generation additive manufacturing technologies. The company's roadmap involves developing a fully automated printer and continuously enhancing its integrated solution, which comprises the Flow print preparation software, the Sapphire family of printers, and the Assure quality control system. This commitment to innovation allows Velo3D to overcome previous limitations in metal additive manufacturing, offer greater design freedom, and enable the production of highly complex parts, maintaining its competitive edge and attracting new customers.AI Analysis | Feedback
Share Issuance
- Velo3D's shares outstanding significantly increased by 2,149.48% in one year.
- In March 2025, a debt and warrant exchange was completed where Arrayed Notes Acquisition Corp. became Velo3D's majority shareholder, significantly strengthening the balance sheet.
- Velo3D announced a $30 million private placement of common stock on December 22, 2025.
Inbound Investments
- Arrayed Notes Acquisition Corp. acquired a majority stake in Velo3D as part of a debt and warrant exchange completed in March 2025.
- Velo3D announced it expected to receive $29.7 million in funding on December 22, 2025, corresponding to a $30 million private placement of common stock.
Capital Expenditures
- For fiscal year 2025, management expected capital expenditures to be in the range of $15 million to $20 million.
- In the last 12 months, capital expenditures were -$2.09 million (as of March 6, 2026).
Trade Ideas
Select ideas related to VELO.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04302026 | EEFT | Euronet Worldwide | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 04242026 | HOMB | Home BancShares | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 1.5% | 1.5% | 0.0% |
| 03312026 | HBAN | Huntington Bancshares | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 7.1% | 7.1% | 0.0% |
| 03312026 | NP | Neptune Insurance | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 3.9% | 3.9% | 0.0% |
| 03272026 | JKHY | Jack Henry & Associates | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.3% | 0.3% | -4.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 14.47 |
| Mkt Cap | 0.7 |
| Rev LTM | 546 |
| Op Inc LTM | -55 |
| FCF LTM | -15 |
| FCF 3Y Avg | -27 |
| CFO LTM | 13 |
| CFO 3Y Avg | -6 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 9.4% |
| Rev Chg 3Y Avg | -4.9% |
| Rev Chg Q | -2.5% |
| QoQ Delta Rev Chg LTM | -0.6% |
| Op Inc Chg LTM | 30.3% |
| Op Inc Chg 3Y Avg | 15.3% |
| Op Mgn LTM | -15.8% |
| Op Mgn 3Y Avg | -14.7% |
| QoQ Delta Op Mgn LTM | 0.4% |
| CFO/Rev LTM | 2.4% |
| CFO/Rev 3Y Avg | -1.1% |
| FCF/Rev LTM | -2.6% |
| FCF/Rev 3Y Avg | -5.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.7 |
| P/S | 3.1 |
| P/Op Inc | -6.5 |
| P/EBIT | -5.3 |
| P/E | -5.0 |
| P/CFO | 23.0 |
| Total Yield | -1.2% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -2.9% |
| D/E | 0.1 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 30.7% |
| 3M Rtn | 7.6% |
| 6M Rtn | 21.6% |
| 12M Rtn | 75.1% |
| 3Y Rtn | 130.7% |
| 1M Excs Rtn | 22.0% |
| 3M Excs Rtn | 1.2% |
| 6M Excs Rtn | 19.9% |
| 12M Excs Rtn | 45.6% |
| 3Y Excs Rtn | 64.8% |
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/24/2026 | -21.4% | -30.5% | 24.0% |
| 11/10/2025 | 21.0% | -11.2% | 173.1% |
| SUMMARY STATS | |||
| # Positive | 1 | 0 | 2 |
| # Negative | 1 | 2 | 0 |
| Median Positive | 21.0% | 98.5% | |
| Median Negative | -21.4% | -20.9% | |
| Max Positive | 21.0% | 173.1% | |
| Max Negative | -21.4% | -30.5% | |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/31/2026 | 10-K |
| 09/30/2025 | 11/12/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-Q |
| 12/31/2024 | 03/31/2025 | 10-K |
| 09/30/2024 | 01/14/2025 | 10-Q |
| 06/30/2024 | 08/14/2024 | 10-Q |
| 03/31/2024 | 05/15/2024 | 10-Q |
| 12/31/2023 | 04/03/2024 | 10-K |
| 09/30/2023 | 11/20/2023 | 10-Q |
| 06/30/2023 | 08/15/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 03/20/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/12/2022 | 10-Q |
| 03/31/2022 | 05/16/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q4 2025 Earnings Reported 3/24/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Gross Margin | 30.0% | 0 | 0 | Same New | Actual: 30.0% for Q4 2025 | ||
| 2026 Revenue | 60.00 Mil | 65.00 Mil | 70.00 Mil | 18.2% | Higher New | Actual: 55.00 Mil for 2025 | |
| 2026 Non-GAAP Adjusted Operating Expenses | 45.00 Mil | 50.00 Mil | 55.00 Mil | 11.1% | Higher New | Actual: 45.00 Mil for 2025 | |
| 2026 Capital Expenditures | 40.00 Mil | 45.00 Mil | 50.00 Mil | 157.1% | Higher New | Actual: 17.50 Mil for 2025 | |
Prior: Q3 2025 Earnings Reported 11/10/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 Operating Margin | 30.0% | 0 | 0 | Affirmed | Guidance: 30.0% for Q4 2025 | ||
| 2025 Revenue | 50.00 Mil | 55.00 Mil | 60.00 Mil | 0 | Affirmed | Guidance: 55.00 Mil for 2025 | |
| 2025 Non-GAAP Operating Expenses | 40.00 Mil | 45.00 Mil | 50.00 Mil | 0 | Affirmed | Guidance: 45.00 Mil for 2025 | |
| 2025 Capital Expenditures | 15.00 Mil | 17.50 Mil | 20.00 Mil | 0 | Affirmed | Guidance: 17.50 Mil for 2025 | |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Lloyd, Jason Michael | See footnote | Buy | 2182026 | 4.95 | 1,000 | 4,950 | 66,211 | Form | |
| 2 | Lloyd, Jason Michael | See footnote | Buy | 2182026 | 3.74 | 6,000 | 22,440 | 46,286 | Form | |
| 3 | Kreger, Bradley Allen | COO | Direct | Sell | 4182025 | 0.00 | 6,710 | Form | ||
| 4 | Kreger, Bradley Allen | COO | Direct | Sell | 4182025 | 0.00 | 936 | Form |
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