Quick Summary
Additional Context
Velo3D (Nasdaq: VELO) reported a sharp increase in second-quarter revenue and raised its full-year outlook as the metal additive manufacturing (AM) company expands production to meet demand from aerospace and defense customers.
Revenue reached $20.7 million for the quarter ended June 30, up 52.3% from $13.6 million a year earlier. The company also returned to a positive gross margin, reporting 21.5% compared with negative 11.7% in the second quarter of 2025.
The improvement was driven largely by Velo3D’s core printer and parts business. Revenue from 3D printers and parts rose 57% to $19 million from $12.1 million a year earlier. Velo3D attributed the increase to higher average selling prices, product mix, and higher revenue from its Rapid Production Solutions (RPS) parts production busin