What is the year‑over‑year growth rate for Q2 revenue and how does it align with the company’s >30% annual revenue growth guidance?
Answer Overview
| Item | Figure from the press release | What we can infer |
|---|---|---|
| Q2 2025 revenue | $13.6 million | – |
| Prior‑year (Q2 2024) revenue | Not disclosed in the excerpt | Needed to calculate the exact YoY growth rate |
| Company’s revenue‑growth guidance | > 30 % annual revenue growth for 2025 | The company expects the full‑year revenue to rise by at least 30 % compared with 2024 |
Because the press‑release excerpt only supplies the current‑quarter revenue ($13.6 M) and does not give the comparable Q2 2024 figure, we cannot compute a precise year‑over‑year (YoY) growth percentage for Q2 2025 from the information that’s been provided.
Below is a step‑by‑step explanation of what would be required to derive the YoY growth rate, why it is not possible with the current data, and how the known guidance (> 30 % annual growth) frames our expectations for the quarter’s performance.
1. How YoY growth is calculated
The YoY growth rate for a quarter is calculated as:
[
\text{YoY Growth (\%)} = \left(\frac{\text{Revenue}{\text{Q2 2025}} - \text{Revenue}{\text{Q2 2024}}}{\text{Revenue}_{\text{Q2 2024}}}\right) \times 100
]
To plug numbers into this formula we need both the current‑quarter revenue (which we have) and the revenue for the same quarter in the prior year (which is missing from the excerpt).
2. What we do know from the release
| Metric | Value | Comment |
|---|---|---|
| Q2 2025 revenue | $13.6 M | Reported in the press release |
| Backlog | $15.9 M (June 30) → $17.8 M (July 25) | Indicates a growing order pipeline |
| Guidance | “More than 30 % annual revenue growth” for FY 2025 | Management’s forward‑looking statement |
| EBITDA outlook | Positive in H1 2026 | Not directly tied to Q2 revenue growth, but shows confidence in profitability trajectory |
3. Why the exact YoY growth cannot be derived from the excerpt
- Missing prior‑year figure – The press release snippet does not disclose Q2 2024 revenue. In Velo3D’s typical earnings releases, that figure would appear in the “Financial Highlights” table (e.g., “Q2 2024 revenue: $X.X M”). Without it, the numerator and denominator in the YoY formula are incomplete.
- No disclosed percentage – The release does not provide a “% change versus Q2 2024” metric, which some companies include as a quick reference.
Consequently, any attempt to quote a specific YoY growth number would be speculative unless we locate the Q2 2024 revenue from an earlier filing (e.g., Velo3D’s Q2 2024 earnings release, Form 10‑Q, or a trusted financial data source).
4. How the known guidance frames expectations for Q2 2025
Even without the exact YoY number, we can reason about the likely relationship between Q2 performance and the company’s annual growth guidance:
| Scenario | Interpretation |
|---|---|
| Q2 2025 YoY growth ≥ 30 % | The quarter would be fully in line with the annual guidance. If each quarter grew at roughly the same pace, the full‑year revenue would indeed exceed a 30 % increase versus 2024. |
| Q2 2025 YoY growth < 30 % but still positive | The quarter would be slightly below the annual target, implying that the company expects stronger growth in the remaining quarters (e.g., Q3/Q4) or a “back‑loaded” revenue pattern driven by a larger backlog. |
| Q2 2025 YoY growth negative or flat | This would be inconsistent with the > 30 % guidance, suggesting the company would need a very pronounced acceleration in later quarters to catch up—something it would likely address in its commentary. |
Given that Velo3D re‑affirmed its > 30 % annual growth outlook while simultaneously reporting a higher backlog ($17.8 M as of July 25 vs. $15.9 M at quarter‑end), the most plausible inference is that the Q2 YoY growth is at least in the mid‑20s% range, if not already above 30 %. Companies rarely maintain a > 30 % full‑year guidance if a single quarter shows a sharp slowdown, because analysts and investors would question the realism of the outlook.
5. What you can do next to obtain the precise YoY growth
- Locate Velo3D’s Q2 2024 earnings release (typically filed in August 2024). The release will list “Q2 2024 revenue” and often a “% change YoY” column.
- Check the SEC filings – the Form 10‑Q for the quarter ending June 30 2024 will contain the exact revenue figure.
- Use a financial data platform (e.g., Bloomberg, Refinitiv, FactSet) to pull the historical quarterly revenue series for VLD (Velo3D). Subtract the 2024 value from the 2025 value and compute the percentage.
Example (hypothetical): If Q2 2024 revenue were $10.5 M, the YoY growth would be:
[
\frac{13.6 - 10.5}{10.5} \times 100 \approx 29.5\%
]
That would be just shy of the 30 % target, indicating the company expects the remaining quarters to accelerate (which is plausible given the expanding backlog). If the prior‑year figure were $9.5 M, the YoY growth would be:
[
\frac{13.6 - 9.5}{9.5} \times 100 \approx 43\%
]
In that case, Q2 alone would already exceed the annual guidance, reinforcing confidence in the > 30 % outlook.
6. Bottom‑line answer to the question
- Exact YoY growth for Q2 2025 cannot be calculated from the information provided, because the Q2 2024 revenue figure is not included in the excerpt.
- The company’s reaffirmation of > 30 % annual revenue growth suggests that Q2 2025 performance is at least on a trajectory that supports that target—either by delivering a comparable quarter‑over‑quarter increase (≈ 30 %+ YoY) or by showing strong backlog growth that will translate into higher sales later in the year.
- To definitively confirm alignment, retrieve the Q2 2024 revenue number from Velo3D’s prior earnings release or SEC filing, compute the YoY percentage, and compare it with the > 30 % annual guidance.
If you obtain the prior‑year quarter figure, the calculation is straightforward and will tell you precisely how the quarter’s growth stacks up against the company’s guidance. Until then, the qualitative inference is that the Q2 results are consistent with, and supportive of, the company’s > 30 % annual revenue growth outlook.