Company: VLDXW
Filing Date: 2025-08-07
Form Type: S-1
Source: 0001641172-25-022475
Chunk: 85

Company: Velo3D, Inc.
Filing Date: 2025-08-07
Form: S-1
Chunk 85
---
disaggregated by product and service type, as well as the percentage of total cost of revenue.

| Cost of Revenue           |     | Six Months Ended                       
 June 30,                               
 2025                                   
 (In thousands, except for percentages) |        |     |       |   |     | 2024 |        |     |       |   |     | Change |        |   |     | % |       |    |
|:--------------------------|:----|:---------------------------------------|-------:|:----|------:|:--|:----|:-----|-------:|:----|------:|:--|:----|:-------|-------:|:--|:----|:--|------:|:---|
| Cost of 3D Printers       |     | $                                      | 21,534 |     |  90.5 | % |     | $    | 20,138 |     |  77.9 | % |     | $      |  1,396 |   |     |   |   6.9 | %  |
| Cost of Recurring Payment |     |                                        |     12 |     |   0.1 | % |     |      |    547 |     |   2.1 | % |     |        |   (535 | ) |     |   | (97.8 | )% |
| Cost of Support Services  |     |                                        |  2,237 |     |   9.4 | % |     |      |  5,157 |     |  20.0 | % |     |        | (2,920 | ) |     |   | (56.6 | )% |
| Total Cost of Revenue     |     | $                                      | 23,783 |     | 100.0 | % |     | $    | 25,842 |     | 100.0 | % |     | $      | (2,059 | ) |     |   |  (8.0 | )% |

Total cost of revenue for the six months ended
June 30, 2025 and 2024 was $23.8 million and $25.8 million, respectively, a decrease of $2.1 million, or 8.0%.

| 55 |

Cost of 3D Printers was $21.5 million and $20.1 million for the