Velo3D annual operating expenses
2020
2021
2022
2023
2024
2025
Velo3D Operating Expenses Growth & History (VELO)
Velo3D's operating expenses was $47.5M for fiscal 2025.
View full Velo3D company overviewVelo3D annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $47.5M | −$29.2M | −38.06% |
| 2024 | 2024-12-31 | $76.7M | −$30.3M | −28.30% |
| 2023 | 2023-12-31 | $107.0M | −$168,000 | −0.16% |
| 2022 | 2022-12-31 | $107.2M | $44.4M | +70.85% |
| 2021 | 2021-12-31 | $62.7M | $35.1M | +127.45% |
| 2020 | 2020-12-31 | $27.6M | — | — |
Velo3D quarterly operating expenses
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $15.5M | $5.5M | +54.91% |
| Q1 2026 | 2026-03-31 | $9.3M | −$2.9M | −23.67% |
| Q4 2025 | 2025-12-31 | $14.9M | −$5.8M | −28.02% |
| Q3 2025 | 2025-09-30 | $10.4M | −$11.3M | −51.96% |
| Q2 2025 | 2025-06-30 | $10.0M | −$6.5M | −39.40% |
| Q1 2025 | 2025-03-31 | $12.2M | −$5.6M | −31.51% |
| Q4 2024 | 2024-12-31 | $20.6M | −$5.3M | −20.40% |
| Q3 2024 | 2024-09-30 | $21.7M | −$4.3M | −16.61% |
| Q2 2024 | 2024-06-30 | $16.5M | −$11.7M | −41.52% |
| Q1 2024 | 2024-03-31 | $17.8M | −$8.9M | −33.37% |
| Q4 2023 | 2023-12-31 | $25.9M | $2.3M | +9.62% |
| Q3 2023 | 2023-09-30 | $26.0M | −$1.8M | −6.49% |
| Q2 2023 | 2023-06-30 | $28.2M | $769,000 | +2.80% |
| Q1 2023 | 2023-03-31 | $26.8M | −$1.4M | −4.99% |
| Q4 2022 | 2022-12-31 | $23.7M | $2.9M | +13.93% |
| Q3 2022 | 2022-09-30 | $27.8M | $11.3M | +68.77% |
| Q2 2022 | 2022-06-30 | $27.5M | $13.5M | +96.88% |
| Q1 2022 | 2022-03-31 | $28.2M | $16.7M | +145.03% |
| Q4 2021 | 2021-12-31 | $20.8M | — | — |
| Q3 2021 | 2021-09-30 | $16.5M | $9.0M | +119.59% |
| Q2 2021 | 2021-06-30 | $14.0M | — | — |
| Q1 2021 | 2021-03-31 | $11.5M | — | — |
| Q3 2020 | 2020-09-30 | $7.5M | — | — |
Velo3D operating expenses trends
Over the last five fiscal years, Velo3D's operating expenses increased from $27.6M to $47.5M, a change of $19.9M. The latest reported quarter, Q2 2026, shows $15.5M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Velo3D source filings ↗