Velo3D, Inc. (VELO) Form 8-K — Aug 11, 2026

$VELOForm 8-KItems 2.02, 7.01, 9.01Filed Aug 11, 2026, 4:00 PM ET0001193125-26-344537Original filing

Velo3D delivered a standout Q2 2026, with revenue of $20.7 million up 52.3% year-over-year and gross margin swinging to 21.5% from (11.7)% a year ago. GAAP net loss narrowed to $11.5 million ($0.39 per share) from $13.3 million ($0.94 per share), and adjusted EBITDA improved to ($8.1) million from ($8.9) million. Management raised full-year 2026 revenue guidance to $65-75 million from $60-70 million and reaffirmed targets for sequential gross margin improvement, greater than 30% gross margin in the second half, and positive EBITDA in the second half of 2026. Capital expenditures are guided at $40-50 million, primarily for RPS expansion, subject to the availability of sufficient financing.

Key figures

Eps: -$0.39 (GAAP, basic and diluted)
Revenue: $20.7 million
Guidance: FY2026 revenue raised to $65M-$75M from $60M-$70M; sequential gross margin improvement; >30% gross margin in H2 2026; positive EBITDA in H2 2026; non-GAAP adjusted opex $45M-$55M; capex $40M-$50M
Net Income: -$11.5 million (GAAP net loss, vs. -$13.3 million in Q2 2025)
Total Debt: $8.2 million (reduced more than 70% during the period)
Revenue Yoy: +52.3%
Cash Position: $91.1 million as of June 30, 2026 (vs. $39.0 million at Dec 31, 2025)
Shares Outstanding: 32,149,118 as of June 30, 2026 (vs. 24,607,630 at Dec 31, 2025)
Total assets: $200.1 million
Ending backlog: $31 million
Q2 new bookings: $29 million
Six month revenue: $34.5 million (vs. $22.9 million in H1 2025)
Six month net loss: -$18.5 million (vs. -$38.3 million in H1 2025)
Atm proceeds q2 2026: ~$59.4 million gross (~$57.4 million net)
Gross margin q2 2025: (11.7)%
Gross margin q2 2026: 21.5%
Adjusted ebitda q2 2026: -$8.1 million (vs. -$8.9 million in Q2 2025)
Non gaap net loss q2 2026: -$9.0 million (vs. -$11.4 million in Q2 2025)
Registered direct offering: 3,571,428 shares, ~$50 million gross (~$46.6 million net), April 2026
Cash used in operations h1 2026: ~$39.5 million
Net cash from financing h1 2026: ~$99.5 million

Price after filing

1 day: -8.5%7 days: +3.3%30 days: -23.0%

Close on the filing date to close N calendar days later (from $14.16). Historical, not a forecast.

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