Velo3D annual r&d spending
2020
2021
2022
2023
2024
2025
Velo3D R&D Spending Growth & History (VELO)
Velo3D's r&d spending was $10.7M for fiscal 2025.
View full Velo3D company overviewVelo3D annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $10.7M | −$4.8M | −31.19% |
| 2024 | 2024-12-31 | $15.5M | −$26.5M | −63.17% |
| 2023 | 2023-12-31 | $42.0M | −$4.2M | −9.15% |
| 2022 | 2022-12-31 | $46.3M | $19.3M | +71.34% |
| 2021 | 2021-12-31 | $27.0M | $12.8M | +90.32% |
| 2020 | 2020-12-31 | $14.2M | — | — |
Velo3D quarterly r&d spending
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 | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $4.3M | $1.7M | +67.27% |
| Q1 2026 | 2026-03-31 | $2.7M | $636,000 | +30.89% |
| Q4 2025 | 2025-12-31 | $3.3M | $389,000 | +13.44% |
| Q3 2025 | 2025-09-30 | $2.7M | −$1.2M | −29.77% |
| Q2 2025 | 2025-06-30 | $2.6M | −$1.5M | −35.92% |
| Q1 2025 | 2025-03-31 | $2.1M | −$2.6M | −55.93% |
| Q4 2024 | 2024-12-31 | $2.9M | −$7.0M | −70.72% |
| Q3 2024 | 2024-09-30 | $3.9M | −$5.6M | −59.16% |
| Q2 2024 | 2024-06-30 | $4.0M | −$8.2M | −67.00% |
| Q1 2024 | 2024-03-31 | $4.7M | −$5.7M | −55.15% |
| Q4 2023 | 2023-12-31 | $9.9M | $2.1M | +26.29% |
| Q3 2023 | 2023-09-30 | $9.5M | −$3.1M | −24.43% |
| Q2 2023 | 2023-06-30 | $12.2M | −$727,000 | −5.61% |
| Q1 2023 | 2023-03-31 | $10.4M | −$2.5M | −19.34% |
| Q4 2022 | 2022-12-31 | $7.8M | −$93,000 | −1.17% |
| Q3 2022 | 2022-09-30 | $12.6M | $4.6M | +57.23% |
| Q2 2022 | 2022-06-30 | $13.0M | $6.6M | +102.61% |
| Q1 2022 | 2022-03-31 | $12.9M | $8.2M | +175.08% |
| Q4 2021 | 2021-12-31 | $7.9M | — | — |
| Q3 2021 | 2021-09-30 | $8.0M | $3.9M | +97.55% |
| Q2 2021 | 2021-06-30 | $6.4M | — | — |
| Q1 2021 | 2021-03-31 | $4.7M | — | — |
| Q3 2020 | 2020-09-30 | $4.0M | — | — |
Velo3D r&d spending trends
Over the last five fiscal years, Velo3D's r&d spending decreased from $14.2M to $10.7M, a change of −$3.5M. The latest reported quarter, Q2 2026, shows $4.3M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Velo3D source filings ↗