Last 13 quarters of trend data · Technology · Computer Hardware
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | -6.90 | — | — | — | — | — | — | — | — | 0.65 | 0.31 | 0.26 | 0.04 |
| — | — | — | — | — | — | — | — | — | +4970.1% | — | — | — | |
| P/S Ratio | 12.60 | 4.25 | 6.00 | 1.18 | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/B Ratio | 0.01 | 0.00 | 0.01 | 2.13 | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | 0.60 | 0.30 | 0.58 | -0.03 |
| — | — | — | — | — | — | — | — | — | +4371.7% | — | — | — | |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — | — | -0.23 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Velo3D, Inc.'s operating margin was -50.3% in Q1 2026, up 164.5 pp QoQ and up 77.6 pp YoY. The trailing four-quarter average of -108.0% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 130.4% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -16.1% | 17.2% | -73.6% | 3.2% | -11.7% | 7.5% | -3.5% | 49.4% | -28.0% | — | — | — | — |
| — | +130.4% | -1992.2% | -93.6% | +58.2% | — | — | — | — | — | — | — | — | |
| Operating Margin | -119.5% | -50.3% | -214.8% | -77.9% | -89.1% | -127.9% | -171.3% | -227.3% | -198.4% | — | — | — | — |
| — | +60.7% | -25.4% | +65.7% | +55.1% | — | — | — | — | — | — | — | — | |
| Net Margin | -155.2% | -50.7% | -215.8% | -86.7% | -101.4% | -272.7% | -173.9% | -277.2% | -1.7% | — | — | — | — |
| — | +81.4% | -24.1% | +68.7% | -5995.5% | — | — | — | — | — | — | — | — |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -0.4% | -0.0% | -0.1% | -45.8% | -50.6% | -70.1% | -59.1% | -52.7% | -0.8% | — | — | — | 4.4% |
| — | +100.0% | +99.8% | +13.1% | -6261.9% | — | — | — | -118.0% | — | — | — | — | |
| ROA | -0.1% | -0.0% | -0.0% | -13.7% | -16.2% | -28.1% | -22.0% | -20.1% | -0.1% | 0.6% | 1.3% | 1.4% | 1.9% |
| — | +100.0% | +99.8% | +31.8% | -16284.2% | -4952.4% | -1740.1% | -1508.8% | -105.2% | -77.0% | — | — | — | |
| ROIC | -0.2% | -0.0% | -0.1% | -15.4% | -16.1% | -15.6% | -25.4% | -17.7% | -40.3% | — | — | — | 0.4% |
| — | +99.9% | +99.7% | +12.7% | +60.1% | — | — | — | -10874.9% | — | — | — | — |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The current ratio has improved 74.0% YoY to 2.45x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.00 | 0.06 | 0.00 | 1.08 | 1.48 | 0.96 | 0.40 | 1.16 | 0.69 | — | — | — | — |
| — | -93.6% | -99.8% | -7.3% | +114.2% | — | — | — | — | — | — | — | — | |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Current Ratio | 2.34 | 2.45 | 2.34 | 1.57 | 1.14 | 1.41 | 1.52 | 1.26 | 1.69 | 0.45 | 0.59 | 0.89 | 2.20 |
| — | +74.0% | +53.8% | +25.1% | -32.4% | +210.8% | +159.1% | +41.5% | -23.0% | -74.5% | — | — | — | |
| Quick Ratio | 1.53 | 1.39 | 1.53 | 0.63 | 0.25 | 0.36 | 0.20 | 0.28 | 0.47 | 0.45 | 0.59 | 0.89 | 2.20 |
| — | +290.8% | +650.5% | +125.3% | -47.4% | -21.3% | -65.1% | -68.4% | -78.8% | -74.5% | — | — | — | |
| Interest Coverage | -15.33 | -8.51 | -14.98 | -8.88 | -7.69 | -22.74 | — | -1.09 | 0.97 | -0.16 | -0.07 | -0.46 | 0.12 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 13 years · Updated daily
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Quick answers to the most common questions about buying VELO stock.
Velo3D, Inc.'s current P/E is -6.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Velo3D, Inc.'s current operating margin is -119.5%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Velo3D, Inc.'s business trajectory between earnings reports.