Operator

Greetings, and welcome to Velo3D First Quarter 2026 Earnings Call. [Operator Instructions] Please note, this conference is being recorded.

I will now turn the conference over to James Carbonara, Investor Relations. Thank you. You may begin.

James Carbonara
Hayden Ir, LLC

Thank you, operator. Good day, everyone, and welcome to Velo3D's First Quarter 2026 Earnings Call.

Before we begin, please note that today's call will contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Please refer to our press release issued earlier today as well as our filings with the SEC, including our 2025 Form 10-K, for a discussion of these risks. We will also reference certain non-GAAP financial measures during the call. Reconciliations between GAAP and non-GAAP results can be found in today's press release, which is available on the Investor Relations section of our website. A replay of this call will also be available shortly after its conclusion.

With that, I will turn the call over to our CEO, Arun Jeldi. Arun, please go ahead.

Arun Jeldi
Chairman & CEO

Good afternoon, everyone. And thank you for joining Velo3D's First Quarter 2026 Earnings Call.

2026 is off to a strong start for Velo3D. We are seeing accelerating momentum across the business, driven by strong execution, expanding customer demand, and increasing adoption of additive