VELO (Velo3D) Gross Margin %: 21.50% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

VELO Velo3D Inc VELO
58 GF Score
Price $11.80
GF Value $1.37
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Velo3D Gross Margin %?

Velo3D VELO -8.49% 58 Gross Margin % is 21.50% as of Jun. 2026. GuruFocus rates VELO with a GF Score™ of 58/100 and a GF Value™ of $1.37 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,455 Hardware companies, Velo3D ranks worse than 96.7% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Velo3D's Gross Profit for the three months ended in Jun. 2026 was $4.44 Mil. Velo3D's Revenue for the three months ended in Jun. 2026 was $20.66 Mil. Therefore, Velo3D's Gross Margin % for the quarter that ended in Jun. 2026 was 21.50%.


The historical rank and industry rank for Velo3D's Gross Margin % or its related term are showing as below:

VELO' s Gross Margin % Range Over the Past 10 Years
Min: -33.92   Med: -2.01   Max: 33.55
Current: 0.54


During the past 6 years, the highest Gross Margin % of Velo3D was 33.55%. The lowest was -33.92%. And the median was -2.01%.

VELO's Gross Margin % is ranked worse than
96.7% of 2455 companies
in the Hardware industry
Industry Median: 24.67 vs VELO: 0.54

Velo3D had a gross margin of 21.50% for the quarter that ended in Jun. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Velo3D was 0.00% per year.


Velo3D  (NAS:VELO) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Velo3D had a gross margin of 21.50% for the quarter that ended in Jun. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Velo3D Gross Margin % Related Terms


Velo3D Gross Margin % Historical Data

* Premium members only.

The historical data trend for Velo3D's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Velo3D Gross Margin % Chart

Velo3D Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 18.07 1.07 -33.92 -5.08 -16.11

Velo3D Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.70 3.17 -73.57 17.23 21.50

VELO vs OSS, NNDM, BGIN: Gross Margin % Comparison

For the Computer Hardware subindustry, Velo3D's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Velo3D Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Velo3D's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Velo3D's Gross Margin % falls into.


VELO
58GF Score
Velo3D Inc VELO
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Velo3D Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Velo3D's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-7.4 / 45.973
=(Revenue - Cost of Goods Sold) / Revenue
=(45.973 - 53.377) / 45.973
=-16.11 %

Velo3D's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=4.4 / 20.664
=(Revenue - Cost of Goods Sold) / Revenue
=(20.664 - 16.222) / 20.664
=21.50 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 21.50% mean?
Velo3D (VELO) has a Gross Margin % of 21.50% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Velo3D and its competitors. According to the industry distribution chart, Velo3D ranks #2374 out of 2455 companies in the Hardware industry, placing it in the top 96.7%.
Is Velo3D's Gross Margin % too high?
Velo3D's current Gross Margin % is 21.50%. The Hardware industry median Gross Margin % is 24.67. Velo3D's value of 21.50% is 12.8% below this industry median. Based on the distribution chart, Velo3D ranks #2374 out of 2455 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Velo3D has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Velo3D's Gross Margin % compare to OSS and NNDM?
According to the Hardware industry distribution chart, Velo3D ranks #2374 out of 2455 companies for Gross Margin %. This places Velo3D in the lower half of its industry. The industry median Gross Margin % is 24.67. Velo3D's value of 21.50% is 12.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Hardware company?
The median Gross Margin % among Hardware companies is 24.67, based on 2,455 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Velo3D's current Gross Margin % of 21.50% is 12.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Velo3D and its competitors. For the Hardware industry, the median Gross Margin % is 24.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Velo3D's current Gross Margin % is 21.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velo3D stock overvalued right now?
Based on GuruFocus' analysis, Velo3D (VELO) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.37, compared to a current price of $11.80 — trading 761.3% above its estimated fair value. The current Gross Margin % is 21.50% and 12.8% below the Hardware industry median of 24.67. Velo3D's overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Velo3D (VELO), the current Gross Margin % is 21.50% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Velo3D (VELO) Overvalued in 2026?

Based on GuruFocus' analysis, Velo3D stock appears to be overvalued. The current stock price of $11.80 is trading 761.3% above its estimated GF Value™ of $1.37. GuruFocus considers Velo3D to be Significantly Overvalued.

Key valuation signals for VELO:

  • Gross Margin %: 21.50%
  • GF Value™: $1.37 vs. price of $11.80 (761.3% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 12.8% below the Hardware median (#2374 of 2455)

No single metric tells the full story. See the VELO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Velo3D Business Description

Address 2710 Lakeview Court, Fremont, CA, USA, 94538
Velo3D Inc provides additive manufacturing (AM), also referred to as three-dimensional printing (3D printing), to deliver breakthroughs in performance, cost, and time in the production of high-value metal parts. The Velo3D intelligent metal additive manufacturing solution is comprised of the Velo3D Flow intelligent print preparation software, the Sapphire production system, and Velo3D Assure, real-time quality assurance software. Its complete manufacturing solution enables clients to build the parts needed, speed their development, and reduce their product costs.
58GF Score

Get the complete analysis for VELO

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.80
Price
$1.37
GF Value