Velo3D Accelerates Growth, Revolutionizes Manufacturing with New Livermore Campus
Velo3D, a leading provider of production-scale additive manufacturing solutions, has reported a strong second quarter in 2026, driven by continued expansion across its manufacturing capabilities, growing engagement from strategic customers, and increasing recognition as a critical partner supporting production-scale additive manufacturing.
The company's revenue increased 52.3% year-over-year to $20.7 million, with continued strength across its aerospace and defense end markets. This performance reflects the continued execution of Velo3D's strategy and growing confidence customers are placing in the company as a long-term manufacturing partner.
From a profitability standpoint, Velo3D has demonstrated meaningful operational progress, with gross margin expanding to 21.5%, an increase of 33.2% compared to the prior year period. This improvement reflects higher manufacturing utilization, improved production efficiencies, stronger operational discipline, and continued benefits from strategic initiatives implemented over the past year.
Velo3D's balance sheet has strengthened meaningfully during the quarter, with $91.1 million in cash and cash equivalents providing greater financial flexibility to execute its growth strategy and support ongoing operations, manufacturing expansion, and strategic investments.
A significant milestone this quarter was the launch of Velo3D's new Livermore production campus. This investment represents a transformational expansion of the company's manufacturing footprint, expected to triple its manufacturing capacity once fully operational. The campus will serve as Velo3D's primary production and manufacturing center, centralizing manufacturing operations within a highly automated production environment.
The Livermore campus is critical in Velo3D's evolution into a data-driven digital manufacturing company. Every production build executed at the company's own facilities generates valuable manufacturing data that helps improve its software, process intelligence, and production capabilities. By capturing and leveraging this real-world manufacturing data, Velo3D expects to accelerate the development of its next-generation digital design and manufacturing software platform.
Velo3D believes that this creates a powerful competitive edge as its install base and production volumes continue to grow. The proprietary manufacturing dataset enables the company to further optimize print parameters, improve process predictability, accelerate customer qualification, and develop increasingly intelligent software powered by artificial intelligence and machine learning.
Ultimately, Velo3D's vision extends beyond manufacturing hardware. The company is building the next generation of digital manufacturing, enabling customers to design and manufacture complex mission-critical parts anywhere, anytime, on-demand, and without the design limitations of traditional manufacturing. The Livermore production campus is a foundational step toward realizing that vision by transforming Velo3D into a software and data-powered manufacturing company capable of continuously improving the performance of every system deployed across its global manufacturing network.
