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How Velo3D, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$46M · 100%Cost of revenue$53.4M · 116%Gross profit−$7.4M · −16%Operating income−$54.9M · −119%Income before tax−$71.2M · −155%Income tax$117000 · 0%Net income−$71.4M · −155%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$46M100%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-134997 · filed Mar 31, 2026
Cost of revenue$53.4M116%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-134997 · filed Mar 31, 2026
−$7.4M−16%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-134997 · filed Mar 31, 2026
−$54.9M−119%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-134997 · filed Mar 31, 2026
Income before tax−$71.2M−155%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-134997 · filed Mar 31, 2026
Income tax$1170000%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-134997 · filed Mar 31, 2026
−$71.4M−155%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-134997 · filed Mar 31, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-134997 · filed Mar 31, 2026
· event Dec 31, 2025 · retrieved Oct 17, 2026 · annual-row source set
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