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Side-by-side financial comparison of Presurance Holdings, Inc. (PRHI) and Velo3D, Inc. (VELO). Click either name above to swap in a different company.

Velo3D, Inc. is the larger business by last-quarter revenue ($9.4M vs $5.7M, roughly 1.7× Presurance Holdings, Inc.). Velo3D, Inc. runs the higher net margin — -231.9% vs -369.2%, a 137.2% gap on every dollar of revenue. On growth, Velo3D, Inc. posted the faster year-over-year revenue change (-25.2% vs -61.4%). Over the past eight quarters, Velo3D, Inc.'s revenue compounded faster (-1.8% CAGR vs -44.7%).

Velo3D, Inc. develops and sells advanced end-to-end metal additive manufacturing (3D printing) solutions, comprising industrial-grade printers, specialized processing software, and high-performance metal materials. It primarily serves global aerospace, defense, energy, semiconductor and industrial manufacturing markets, enabling customers to produce complex, high-precision metal parts that are difficult to manufacture with traditional methods.

PRHI vs VELO — Head-to-Head

Bigger by revenue
VELO
VELO
1.7× larger
VELO
$9.4M
$5.7M
PRHI
Growing faster (revenue YoY)
VELO
VELO
+36.2% gap
VELO
-25.2%
-61.4%
PRHI
Higher net margin
VELO
VELO
137.2% more per $
VELO
-231.9%
-369.2%
PRHI
Faster 2-yr revenue CAGR
VELO
VELO
Annualised
VELO
-1.8%
-44.7%
PRHI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRHI
PRHI
VELO
VELO
Revenue
$5.7M
$9.4M
Net Profit
$-17.0M
$-21.9M
Gross Margin
-73.6%
Operating Margin
-322.7%
-231.0%
Net Margin
-369.2%
-231.9%
Revenue YoY
-61.4%
-25.2%
Net Profit YoY
32.9%
-2.9%
EPS (diluted)
$-1.40
$-0.87

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PRHI
PRHI
VELO
VELO
Q4 25
$5.7M
$9.4M
Q3 25
$6.8M
$13.6M
Q2 25
$16.1M
$13.6M
Q1 25
$15.9M
$9.3M
Q4 24
$14.7M
$12.6M
Q3 24
$16.0M
$8.2M
Q2 24
$17.9M
$10.3M
Q1 24
$18.6M
$9.8M
Net Profit
PRHI
PRHI
VELO
VELO
Q4 25
$-17.0M
$-21.9M
Q3 25
$-4.0M
$-11.2M
Q2 25
$2.1M
$-13.3M
Q1 25
$522.0K
$-25.0M
Q4 24
$-25.4M
$-21.3M
Q3 24
$52.8M
$-21.9M
Q2 24
$-4.0M
$935.0K
Q1 24
$74.0K
$-27.5M
Gross Margin
PRHI
PRHI
VELO
VELO
Q4 25
-73.6%
Q3 25
3.2%
Q2 25
-11.7%
Q1 25
7.5%
Q4 24
-3.5%
Q3 24
49.4%
Q2 24
-28.0%
Q1 24
-28.8%
Operating Margin
PRHI
PRHI
VELO
VELO
Q4 25
-322.7%
-231.0%
Q3 25
-42.7%
-73.3%
Q2 25
-22.6%
-85.4%
Q1 25
-27.9%
-123.6%
Q4 24
-177.1%
-167.0%
Q3 24
-45.8%
-213.8%
Q2 24
-24.3%
-187.7%
Q1 24
2.7%
-211.1%
Net Margin
PRHI
PRHI
VELO
VELO
Q4 25
-369.2%
-231.9%
Q3 25
-58.2%
-82.0%
Q2 25
12.7%
-97.7%
Q1 25
3.3%
-268.4%
Q4 24
-172.4%
-168.5%
Q3 24
329.6%
-265.3%
Q2 24
-22.1%
9.0%
Q1 24
0.4%
-281.2%
EPS (diluted)
PRHI
PRHI
VELO
VELO
Q4 25
$-1.40
$-0.87
Q3 25
$-0.32
$-0.65
Q2 25
$0.17
$-0.94
Q1 25
$0.04
$-1.87
Q4 24
$-2.08
$7.06
Q3 24
$4.32
$-35.52
Q2 24
$-0.32
$1.65
Q1 24
$0.01
$-55.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PRHI
PRHI
VELO
VELO
Cash + ST InvestmentsLiquidity on hand
$52.1M
$39.0M
Total DebtLower is stronger
$12.2M
$31.0M
Stockholders' EquityBook value
$9.0M
$38.2M
Total Assets
$239.3M
$105.3M
Debt / EquityLower = less leverage
1.36×
0.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRHI
PRHI
VELO
VELO
Q4 25
$52.1M
$39.0M
Q3 25
$62.3M
$11.8M
Q2 25
$58.3M
$854.0K
Q1 25
$52.3M
$3.9M
Q4 24
$48.8M
$1.2M
Q3 24
$53.6M
$1.6M
Q2 24
$33.0M
$3.2M
Q1 24
$41.0M
$10.9M
Total Debt
PRHI
PRHI
VELO
VELO
Q4 25
$12.2M
$31.0M
Q3 25
$12.1M
$23.0M
Q2 25
$12.1M
$22.5M
Q1 25
$12.0M
$21.7M
Q4 24
$11.9M
$5.7M
Q3 24
$16.5M
$32.3M
Q2 24
$24.8M
$33.5M
Q1 24
$24.9M
$44.0M
Stockholders' Equity
PRHI
PRHI
VELO
VELO
Q4 25
$9.0M
$38.2M
Q3 25
$25.3M
$29.9M
Q2 25
$28.2M
$21.4M
Q1 25
$25.6M
$32.8M
Q4 24
$21.5M
$39.7M
Q3 24
$49.1M
$34.4M
Q2 24
$-1.2M
$52.1M
Q1 24
$2.6M
$45.5M
Total Assets
PRHI
PRHI
VELO
VELO
Q4 25
$239.3M
$105.3M
Q3 25
$285.0M
$93.7M
Q2 25
$283.3M
$78.4M
Q1 25
$277.1M
$91.3M
Q4 24
$281.7M
$89.2M
Q3 24
$299.9M
$110.8M
Q2 24
$292.9M
$116.7M
Q1 24
$301.1M
$136.1M
Debt / Equity
PRHI
PRHI
VELO
VELO
Q4 25
1.36×
0.81×
Q3 25
0.48×
0.77×
Q2 25
0.43×
1.05×
Q1 25
0.47×
0.66×
Q4 24
0.55×
0.14×
Q3 24
0.34×
0.94×
Q2 24
0.64×
Q1 24
9.75×
0.97×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PRHI
PRHI
VELO
VELO
Operating Cash FlowLast quarter
$-43.9M
$-7.7M
Free Cash FlowOCF − Capex
$-8.3M
FCF MarginFCF / Revenue
-88.3%
Capex IntensityCapex / Revenue
6.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRHI
PRHI
VELO
VELO
Q4 25
$-43.9M
$-7.7M
Q3 25
$-681.0K
$-6.0M
Q2 25
$-2.8M
$-1.2M
Q1 25
$-15.3M
$-12.3M
Q4 24
$-32.7M
$-2.2M
Q3 24
$-10.7M
$-2.0M
Q2 24
$-10.1M
$-8.0M
Q1 24
$8.2M
$-20.5M
Free Cash Flow
PRHI
PRHI
VELO
VELO
Q4 25
$-8.3M
Q3 25
$-6.3M
Q2 25
$-3.0M
Q1 25
Q4 24
$-2.2M
Q3 24
$-2.0M
Q2 24
$-8.0M
Q1 24
$-20.5M
FCF Margin
PRHI
PRHI
VELO
VELO
Q4 25
-88.3%
Q3 25
-46.5%
Q2 25
-22.2%
Q1 25
Q4 24
-17.7%
Q3 24
-24.2%
Q2 24
-77.1%
Q1 24
-209.8%
Capex Intensity
PRHI
PRHI
VELO
VELO
Q4 25
6.4%
Q3 25
2.3%
Q2 25
13.3%
Q1 25
0.0%
Q4 24
0.2%
Q3 24
0.2%
Q2 24
0.0%
Q1 24
0.1%
Cash Conversion
PRHI
PRHI
VELO
VELO
Q4 25
Q3 25
Q2 25
-1.34×
Q1 25
-29.23×
Q4 24
Q3 24
-0.20×
Q2 24
-8.52×
Q1 24
110.47×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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