Velo3D, Inc. 8K

Velo3D, Inc. announced strong preliminary Q2 2026 results, major capacity expansion and partnerships, significant equity financing and debt reduction, and raised its 2026 revenue guidance while targeting improved margins and positive second-half EBITDA.

Velo3D, Inc. reported its preliminary second quarter 2026 financial results, highlighting a 52.3% year-over-year revenue increase to $20.7 million, a gross margin improvement to 21.5%, and a reduced GAAP net loss of $11.5 million, while also strengthening its balance sheet through roughly $109 million of equity capital raised (including an April 2026 underwritten registered direct offering and second-quarter at-the-market issuances) that helped increase cash and cash equivalents to $91.1 million and cut total debt by more than 70% to $8.2 million. Operationally, the company launched its Livermore Production Campus, expected to triple manufacturing capacity and become its primary production center, expanded strategic partnerships with Mears Machine Corporation and Aurelia Technologies, gained inclusion in the Russell 3000 and Russell Microcap indexes, and appointed Lily Mei as an independent director. Management increased full-year 2026 revenue guidance to a range of $65–$75 million, reaffirmed targets for sequential gross margin improvement and positive EBITDA in the second half of 2026, and outlined expected capital expenditures of $40–$50 million primarily for RPS expansion, while cautioning that results are preliminary pending the Form 10-Q filing and are subject to the risks described in its prior SEC reports.

Filing Facts

CIK

1825079

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-344537

Alert Tier

7