Velo3d, Inc. balance sheet

At the end of fiscal 2025, Velo3d, Inc. had total assets of $105m, total liabilities of $67.2m and shareholders' equity of $38.2m. It held $39.0m in cash against $34.4m of debt: net cash of $4.6m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Velo3d, Inc.: balance sheet, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	16	208	32	24	1	39	91
Receivables	1	13	9	10	4	6	8
Inventory	7	22	71	61	50	27	28
Total current assets	28	268	172	113	58	80	156
Total assets	33	303	223	154	89	105	200
Accounts payable	1	10	12	16	19	10	5
Deferred revenue (current)	5	22	15	5	10	9	11
Total current liabilities	12	47	46	49	38	34	25
Short-term debt	—	—	—	—	6	—	—
Long-term debt	—	—	8	44	6	31	8
Total debt	0	0	8	44	11	34	9
Total liabilities	17	192	84	85	50	67	54
Shareholders' equity	−108	110	139	68	40	38	147
Non-controlling interests and other (assets − liabilities − equity)	124	—	—	—	—	—	—
Net debt (negative = net cash)	−16	−208	−24	20	10	−5	−82
Shares outstanding	—	—	—	7m	—	—	—

US$ millions unless shown otherwise. Fiscal quarters.

Velo3d, Inc.: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	10	4	5	5	7	6	7	8
Inventory	62	50	46	38	35	27	28	28
Total current assets	80	58	62	49	59	80	65	156
Total assets	111	89	91	78	94	105	92	200
Accounts payable	18	19	16	15	11	10	9	5
Deferred revenue (current)	11	10	8	7	8	9	8	11
Total current liabilities	64	38	44	43	38	34	27	25
Short-term debt	30	6	—	17	—	—	—	—
Long-term debt	32	6	22	6	23	31	9	8
Total debt	62	11	22	22	23	31	9	8
Total liabilities	76	50	59	57	64	67	41	54
Shareholders' equity	34	40	33	21	30	38	52	147
Shares outstanding	10m	13m	210m	14m	21m	25m	26m	32m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Velo3d, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Velo3d, Inc.