Datavault AI Inc. (DVLT) Income Statement
DVLT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsDVLT revenue and net income
Where DVLT's revenue goes
2025Each bar shows an amount and its share of revenue. DVLT kept −202.1% of revenue as net income.
DVLT profit margins
DVLT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +1,361.8% | +126.5% | +74.7% | — |
| Gross profit | +4,083.8% | +241.5% | +105.7% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DVLT quarterly EPS vs estimates
Datavault AI beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 13, 2026 (estimate $-0.03).
DVLT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $39.1M | $2.7M | $2.1M | $3.4M | $6.5M | $2.4M | $1.7M | $1.4M | $1.1M | $1.3M |
| Cost of revenue | $23.4M | $2.3M | $5.5M | $3.0M | $4.7M | $2.0M | $1.7M | $1.6M | $1.3M | $1.5M |
| Gross profit | $15.7M | $376,000 | −$3.5M | $395,000 | $1.9M | $427,000 | −$71,000 | −$238,000 | −$158,808 | −$260,677 |
| Research & development | $16.5M | $7.8M | $7.5M | $7.1M | $5.2M | $4.6M | $5.4M | $4.9M | $3.7M | $5.2M |
| Sales, general & admin | $35.1M | $13.7M | $10.5M | $11.3M | $8.1M | $4.2M | $5.7M | $6.5M | $3.0M | $3.0M |
| Total operating expenses | $48.2M | $21.5M | $18.0M | $18.4M | $13.4M | $11.5M | $11.1M | $11.3M | $6.7M | $8.2M |
| Operating income | −$32.5M | −$21.1M | −$21.5M | −$18.0M | −$11.5M | −$11.1M | −$11.2M | −$11.6M | −$6.8M | −$8.5M |
| Interest expense | $20.0M | $1.3M | $932,000 | $898,000 | $9,000 | $1.4M | — | $33.5M | $14.7M | $1.9M |
| Income before taxes | −$79.0M | −$51.4M | −$18.7M | −$16.1M | −$11.8M | −$12.7M | −$12.0M | −$67.3M | −$25.6M | −$9.7M |
| Income taxes | $5,000 | $16.3M | $4,000 | $2,000 | $2,000 | $3,000 | $8,000 | $8,000 | $5,610 | $9,435 |
| Net income | −$79.0M | −$51.4M | −$18.7M | −$16.2M | −$11.8M | −$12.7M | −$12.0M | −$67.4M | −$25.7M | −$9.7M |
| EBITDA | −$48.7M | −$50.1M | −$17.7M | −$15.1M | −$11.7M | −$11.2M | −$11.1M | −$11.5M | −$6.8M | −$8.4M |
| EPS (diluted) | −$0.45 | −$807.40 | −$462.21 | −$12610.51 | −$13500.12 | −$19352.54 | −$194999.02 | −$621002.50 | −$0.76 | −$9.71 |
| Gross margin | 40.2% | 14.1% | −166.0% | 11.7% | 28.5% | 17.8% | −4.3% | −17.3% | −14.3% | −20.5% |
| Operating margin | −83.1% | −790.5% | −1,030.1% | −536.2% | −176.0% | −459.7% | −669.9% | −842.1% | −614.8% | −667.4% |
| Net margin | −202.1% | −1,922.6% | −898.8% | −480.0% | −180.7% | −528.5% | −722.6% | −4,902.3% | −2,305.3% | −762.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.7M | $917,000 | $33.8M | $2.9M | $1.7M | $629,000 | $902,000 | $1.2M | $345,000 | $255,000 | $420,000 | $769,000 |
| Cost of revenue | $7.6M | $806,000 | $18.3M | $2.8M | $1.7M | $560,000 | $680,000 | $946,000 | $334,000 | $338,000 | $754,000 | $2.4M |
| Gross profit | −$922,000 | $111,000 | $15.5M | $95,000 | $35,000 | $69,000 | $222,000 | $226,000 | $11,000 | −$83,000 | −$334,000 | −$1.7M |
| Research & development | $7.2M | $5.7M | $4.9M | $5.0M | $4.2M | $2.4M | $2.1M | $2.2M | $1.8M | $1.7M | $1.8M | $1.8M |
| Sales, general & admin | $14.9M | $25.3M | $15.3M | $9.9M | $8.3M | $7.1M | $4.5M | $3.2M | $3.6M | $2.4M | $2.5M | $2.8M |
| Total operating expenses | $25.5M | $31.1M | $11.4M | $14.9M | $12.5M | $9.5M | $6.6M | $5.5M | $5.4M | $4.1M | $4.3M | $4.7M |
| Operating income | −$26.5M | −$30.9M | $4.2M | −$14.8M | −$12.5M | −$9.4M | −$6.3M | −$5.2M | −$5.4M | −$4.2M | −$4.6M | −$6.3M |
| Interest expense | $1.0M | $1.1M | $1.8M | $864,000 | $17.2M | $120,000 | $12,000 | $9,000 | $4,000 | $1.3M | $120,000 | $52,000 |
| Income before taxes | −$88.0M | −$53.1M | $661,000 | −$33.0M | −$37.1M | −$9.6M | −$6.4M | −$5.1M | −$42.7M | $2.7M | −$6.4M | −$6.1M |
| Income taxes | — | — | — | — | $5,000 | — | — | — | — | $2,000 | $2,000 | — |
| Net income | −$88.0M | −$53.1M | $661,000 | −$33.0M | −$37.1M | −$9.6M | −$6.4M | −$5.1M | −$42.7M | $2.7M | −$6.4M | −$6.1M |
| EBITDA | −$23.2M | −$48.8M | $5.2M | −$29.4M | −$17.6M | −$7.1M | −$6.3M | −$5.1M | −$42.6M | $4.0M | −$4.6M | −$6.0M |
| EPS (diluted) | −$0.04 | −$0.09 | $0.53 | −$0.15 | −$0.65 | −$0.18 | −$2.00 | −$1.39 | −$1.51 | −$802.50 | −$57.21 | −$145.50 |
| Gross margin | −13.7% | 12.1% | 45.9% | 3.3% | 2.0% | 11.0% | 24.6% | 19.3% | 3.2% | −32.5% | −79.5% | −217.0% |
| Operating margin | −393.9% | −3,375.1% | 12.3% | −508.1% | −718.1% | −1,499.4% | −702.0% | −447.4% | −1,566.7% | −1,630.6% | −1,100.7% | −824.3% |
| Net margin | −1,310.5% | −5,794.0% | 2.0% | −1,135.5% | −2,139.3% | −1,520.3% | −705.0% | −434.5% | −12,366.7% | 1,061.6% | −1,515.0% | −794.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DVLT's financial statements (latest annual report filed March 18, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DVLT financial results
In fiscal year 2025 (ended December 31, 2025), Datavault AI reported revenue of $39.1 million, up 1,361.8% from the year before. It had a net loss of $79.0 million, a net profit margin of −202.1%. Diluted earnings per share came to −$0.45. Over five years revenue grew at an average rate of 74.7% a year.
See the DVLT stock overview for the latest quote and news, or the DVLT chart for price history and technical indicators.
DVLT income statement FAQ
What is Datavault AI's annual revenue?
Datavault AI reported total revenue of $39.1 million for fiscal year 2025, which ended on December 31, 2025. That was up 1,361.8% from $2.7 million the previous year.
Is Datavault AI profitable?
No. Datavault AI reported a net loss of $79.0 million in fiscal 2025, a net profit margin of −202.1%; its operating margin was −83.1%.
What is Datavault AI's gross margin?
Datavault AI's gross margin was 40.2% in fiscal 2025: for every $100 of revenue, Datavault AI kept $40 after the direct cost of its products and services.
How much does Datavault AI spend on research and development?
Datavault AI spent $16.5 million on research and development in fiscal 2025, 42.2% of revenue.
How fast is Datavault AI growing?
Revenue grew 74.7% a year on average over the last five fiscal years, from $2.4 million to $39.1 million.
What are Datavault AI's earnings per share?
Datavault AI earned $-0.45 per diluted share in fiscal 2025, compared with $-807.40 a year earlier.
When will Datavault AI report its next earnings?
Datavault AI is expected to report results for the quarter ending September 30, 2026 on November 13, 2026 before the market opens.
When does Datavault AI's fiscal year end?
Datavault AI's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 18, 2026.