Velo3D — Third Quarter 2026 Earnings Summary

Velo3D reported third-quarter 2026 revenue of $20.5 million, representing a 50% year-over-year increase driven by higher sales of 3D printer systems and increased production volume in its Rapid Production Solutions segment. The company achieved a gross margin of 26.5% and recorded new bookings of $28.9 million, bringing its total backlog to $40.1 million as of September 30, 2026. Cash and cash equivalents rose to $75.7 million, supported by financing activities that also reduced total outstanding debt by approximately 76% to $7.4 million. Management reaffirmed full-year 2026 revenue guidance between $65 million and $75 million while revising gross margin expectations and reducing capital expenditure forecasts to reflect a shift of planned spending into 2027.