Velo3D — Third Quarter 2026 Earnings Summary

Financial Performance

• Preliminary unaudited revenue for the third quarter ended September 30, 2026, is expected to range between $19.5 million and $20.5 million.
• This represents year-over-year revenue growth of approximately 43% to 51% compared to $13.6 million reported in the third quarter of 2025.
• No data provided regarding earnings, profit margins, cash flow, deferred revenue, or debt.

Guidance and Future Outlook

• The company plans to report final financial results for the third quarter of 2026 during the week of November 9, 2026.
• Preliminary estimates are based on information available as of the press release date and are subject to customary quarter-end financial closing procedures, final adjustments, and other developments.
• Forward-looking statements include risks regarding the ability to execute the business plan, grow profitably, and maintain customer and supplier relationships.

Business Segments and Product Lines

• The company operates as a metal 3D printing technology provider offering a fully integrated solution comprising Flow print preparation software, the Sapphire family of printers, and the Assure quality control system.
• The technology is powered by the Intelligent Fusion manufacturing process.
• No specific segment performance data or new product launch details were included in this release.

Market and Competitive Landscape

• No specific market share data, competitor names, or detailed market trend analysis were provided in the press release.
• The release notes general risks related to competition affecting the company's ability to execute its business plan.

Risks and Challenges

• Actual results may differ materially from preliminary estimates due to adjustments from financial closing procedures, revenue recognition changes, or management judgments.
• Risks include the company's ability to continue as a going concern, service indebtedness, and raise additional capital.
• Potential dilution of existing stockholders from future sales of common stock, including under the at-the-market offering program.
• Exposure to government and defense contracts, including risks of funding delays, shutdowns, changes in procurement priorities, and uncertainty in contract awards.
• Risk that backlog may not convert into revenue on expected timelines.
• Risk of failing to achieve fiscal year 2026 financial guidance.

Management Commentary and Tone

• Management prepared the preliminary estimates in good faith on a basis consistent with prior periods.
• The independent registered public accounting firm has not audited, reviewed, or performed any procedures on this preliminary revenue information and expresses no opinion.
• No direct quotes from executives or specific management tone analysis were included in the text.

Other Key Points

• This is a preliminary unaudited revenue announcement; final results will be subject to GAAP preparation.
• The press release includes a standard "Forward-Looking Statements" disclaimer referencing the FY 2025 10-K and Quarterly Reports for detailed risk factors.
• Investor relations contact is Hayden IR, James Carbonara, Managing Director (investors@velo3d.com).