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Velo3D Inc (NASDAQ:VELO) shares are retreating Wednesday morning. This move follows the company’s fourth-quarter and full-year 2025 financial results released Tuesday.
Velo3D reported fourth-quarter revenue of $9.44 million. This surpassed estimates of $8.68 million. The company posted an adjusted loss of 54 cents per share. This was slightly better than the 56-cent loss analysts expected.
3D printer and parts revenue decreased 5% year-over-year. Management cited product mix and system sales volume for the dip. System sales remain the primary 2026 revenue driver.
Growth Plans
The company’s backlog reached $31 million by year-end. CEO Arun Jeldi noted a “record for bookings” in the quarter.
Jeldi …
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