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Datavault AI Inc Financials

DVLT
Source SEC Filings (10-K/10-Q) Updated Mar 18, 2026 Currency USD FYE March

This page shows Datavault AI Inc (DVLT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 50 / 100
Financial Profile 50/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
0

Datavault AI Inc has an operating margin of -108.3%, meaning the company retains $-108 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -790.5% the prior year.

Growth
100

Datavault AI Inc's revenue surged 1021.9% year-over-year to $30.0M, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Leverage
99

Datavault AI Inc carries a low D/E ratio of 0.15, meaning only $0.15 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
100

With a current ratio of 5.32, Datavault AI Inc holds $5.32 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow
0

While Datavault AI Inc generated -$23.6M in operating cash flow, capex of $380K consumed most of it, leaving -$24.0M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns
0

Datavault AI Inc generates a -33.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -60.0% the prior year.

Piotroski F-Score Neutral
5/9

Datavault AI Inc passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality
0.30x

For every $1 of reported earnings, Datavault AI Inc generates $0.30 in operating cash flow (-$23.6M OCF vs -$79.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk
-1.6x

Datavault AI Inc earns $-1.6 in operating income for every $1 of interest expense (-$32.5M vs $20.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue
$30.0M
YoY+1021.9%
5Y CAGR+65.7%

Datavault AI Inc generated $30.0M in revenue in fiscal year 2025. This represents an increase of 1021.9% from the prior year.

EBITDA
-$22.1M
YoY-5.1%

Datavault AI Inc's EBITDA was -$22.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 5.1% from the prior year.

Net Income
-$79.0M
YoY-53.7%

Datavault AI Inc reported -$79.0M in net income in fiscal year 2025. This represents a decrease of 53.7% from the prior year.

EPS (Diluted)
$-0.52
YoY+96.8%

Datavault AI Inc earned $-0.52 per diluted share (EPS) in fiscal year 2025. This represents an increase of 96.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow
-$24.0M
YoY-36.6%

Datavault AI Inc generated -$24.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 36.6% from the prior year.

Cash & Debt
$2.0M
YoY-39.8%
5Y CAGR-23.0%

Datavault AI Inc held $2.0M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
614M
YoY+1080.6%

Datavault AI Inc had 614M shares outstanding in fiscal year 2025. This represents an increase of 1080.6% from the prior year.

Margins & Returns

Gross Margin
97.3%
YoY+83.2pp
5Y CAGR+79.5pp

Datavault AI Inc's gross margin was 97.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 83.2 percentage points from the prior year.

Operating Margin
-108.3%
YoY+682.3pp
5Y CAGR+361.3pp

Datavault AI Inc's operating margin was -108.3% in fiscal year 2025, reflecting core business profitability. This is up 682.3 percentage points from the prior year.

Net Margin
-263.3%
YoY+1659.2pp
5Y CAGR+265.2pp

Datavault AI Inc's net profit margin was -263.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1659.2 percentage points from the prior year.

Return on Equity
-33.2%
YoY+26.8pp
5Y CAGR+140.5pp

Datavault AI Inc's ROE was -33.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 26.8 percentage points from the prior year.

Capital Allocation

R&D Spending
$16.5M
YoY+111.0%
5Y CAGR+29.3%

Datavault AI Inc invested $16.5M in research and development in fiscal year 2025. This represents an increase of 111.0% from the prior year.

Share Buybacks
$6.3M

Datavault AI Inc spent $6.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures
$380K
YoY+985.7%
5Y CAGR+48.9%

Datavault AI Inc invested $380K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 985.7% from the prior year.

DVLT Income Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Revenue $2.9M+67.4% $1.7M+175.8% $629K-30.3% $902K-23.0% $1.2M+239.7% $345K+35.3% $255K-39.3% $420K
Cost of Revenue $2.8M+65.2% $1.7M+203.6% $560K-17.6% $680K-28.1% $946K+183.2% $334K-1.2% $338K-55.2% $754K
Gross Profit $95K+171.4% $35K-49.3% $69K-68.9% $222K-1.8% $226K+1954.5% $11K+113.3% -$83K+75.1% -$334K
R&D Expenses $5.0M+17.8% $4.2M+78.9% $2.4M+13.0% $2.1M-6.1% $2.2M+24.4% $1.8M+4.3% $1.7M-4.3% $1.8M
SG&A Expenses $7.7M+17.4% $6.5M+15.7% $5.6M+72.7% $3.3M+44.5% $2.3M-18.1% $2.8M+93.0% $1.4M+29.3% $1.1M
Operating Income -$14.8M-18.4% -$12.5M-32.1% -$9.4M-48.9% -$6.3M-20.8% -$5.2M+3.0% -$5.4M-30.0% -$4.2M+10.1% -$4.6M
Interest Expense $864K-95.0% $17.2M+14235.0% $120K+900.0% $12K+233.3% -$9K-325.0% $4K-99.7% $1.3M+954.2% $120K
Income Tax N/A $5K $0 $0 $0 $0 $0-100.0% $2K
Net Income -$33.0M+11.2% -$37.1M-288.1% -$9.6M-50.4% -$6.4M-24.9% -$5.1M+88.1% -$42.7M-1676.1% $2.7M+142.5% -$6.4M
EPS (Diluted) $-0.33 $-0.54-200.0% $-0.18 N/A $-1.39+88.3% $-11.89 $-5.35 N/A

DVLT Balance Sheet

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Total Assets $138.7M+14.9% $120.7M+26.1% $95.7M-4.9% $100.6M+1155.1% $8.0M-24.6% $10.6M+53.4% $6.9M+43.7% $4.8M
Current Assets $16.5M+335.4% $3.8M+41.0% $2.7M-58.2% $6.4M-8.8% $7.1M-29.2% $10.0M+59.9% $6.2M+52.8% $4.1M
Cash & Equivalents $1.7M+154.2% $662K+287.1% $171K-94.9% $3.3M-15.1% $3.9M-35.9% $6.1M+121.2% $2.8M+572.3% $411K
Inventory $994K-27.2% $1.4M+1.7% $1.3M-17.1% $1.6M-13.0% $1.9M-20.2% $2.3M-9.7% $2.6M-5.8% $2.7M
Accounts Receivable $509K+8.8% $468K+67.1% $280K-19.8% $349K+97.2% $177K+51.3% $117K-59.7% $290K-1.4% $294K
Goodwill $19.1M0.0% $19.1M N/A N/A N/A N/A N/A N/A
Total Liabilities $39.1M-16.0% $46.6M+233.3% $14.0M-6.1% $14.9M+300.3% $3.7M-11.4% $4.2M-56.2% $9.6M-1.4% $9.7M
Current Liabilities $24.2M+197.7% $8.1M+94.6% $4.2M+1.4% $4.1M+31.7% $3.1M-12.5% $3.6M-17.8% $4.3M+19.5% $3.6M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $99.5M+34.3% $74.1M-9.3% $81.7M-4.7% $85.7M+1895.9% $4.3M-33.2% $6.4M+340.9% -$2.7M+48.2% -$5.2M
Retained Earnings -$378.1M-9.6% -$345.1M-12.1% -$308.0M-3.2% -$298.5M-2.2% -$292.1M-1.8% -$287.0M-17.5% -$244.3M+1.1% -$247.0M

DVLT Cash Flow Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Operating Cash Flow -$10.4M-52.4% -$6.8M-13.0% -$6.0M-41.7% -$4.3M-0.4% -$4.2M+23.1% -$5.5M-55.5% -$3.5M-29.9% -$2.7M
Capital Expenditures $0 $0-100.0% $52K+642.9% $7K-12.5% $8K-42.9% $14K+133.3% $6K $0
Free Cash Flow -$10.4M-52.4% -$6.8M-12.0% -$6.1M-42.7% -$4.3M-0.4% -$4.2M+23.2% -$5.5M-55.6% -$3.5M-30.1% -$2.7M
Investing Cash Flow $0+100.0% -$5.5M-422.8% -$1.1M+12.8% -$1.2M-566.3% -$181K-10.4% -$164K-2633.3% -$6K $0
Financing Cash Flow $11.4M-11.0% $12.8M+226.7% $3.9M-19.5% $4.9M+119.1% $2.2M-75.4% $9.0M+52.9% $5.9M+101.7% $2.9M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

DVLT Financial Ratios

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Gross Margin 3.3%+1.3pp 2.0%-9.0pp 11.0%-13.6pp 24.6%+5.3pp 19.3%+16.1pp 3.2%+35.7pp -32.6%+47.0pp -79.5%
Operating Margin -508.1%+210.0pp -718.1%+781.3pp -1499.4%-797.4pp -702.0%-254.7pp -447.3%+1119.3pp -1566.7%+63.9pp -1630.6%-529.9pp -1100.7%
Net Margin -1135.5%+1003.7pp -2139.3%-618.9pp -1520.3%-815.4pp -705.0%-270.5pp -434.5%+11932.2pp -12366.7%-13428.2pp 1061.6%+2576.6pp -1515.0%
Return on Equity -33.1%+17.0pp -50.1%-38.4pp -11.7%-4.3pp -7.4%+111.1pp -118.6%+545.0pp -663.5% N/A N/A
Return on Assets -23.8%+7.0pp -30.8%-20.8pp -10.0%-3.7pp -6.3%+57.2pp -63.5%+337.8pp -401.3%-440.4pp 39.1%+171.0pp -131.9%
Current Ratio 0.68+0.2 0.47-0.2 0.65-0.9 1.57-0.7 2.26-0.5 2.79+1.4 1.44+0.3 1.12
Debt-to-Equity 0.39-0.2 0.63+0.5 0.170.0 0.17-0.7 0.87+0.2 0.65+4.3 -3.60-1.7 -1.89
FCF Margin -357.2%+35.1pp -392.3%+573.7pp -966.0%-494.0pp -471.9%-110.3pp -361.7%+1238.0pp -1599.7%-209.1pp -1390.6%-741.8pp -648.8%

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Frequently Asked Questions

Datavault AI Inc (DVLT) reported $30.0M in total revenue for fiscal year 2025. This represents a 1021.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Datavault AI Inc (DVLT) revenue grew by 1021.9% year-over-year, from $2.7M to $30.0M in fiscal year 2025.

No, Datavault AI Inc (DVLT) reported a net income of -$79.0M in fiscal year 2025, with a net profit margin of -263.3%.

Datavault AI Inc (DVLT) reported diluted earnings per share of $-0.52 for fiscal year 2025. This represents a 96.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Datavault AI Inc (DVLT) had EBITDA of -$22.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Datavault AI Inc (DVLT) had a gross margin of 97.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Datavault AI Inc (DVLT) had an operating margin of -108.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Datavault AI Inc (DVLT) had a net profit margin of -263.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Datavault AI Inc (DVLT) has a return on equity of -33.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Datavault AI Inc (DVLT) generated -$24.0M in free cash flow during fiscal year 2025. This represents a -36.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Datavault AI Inc (DVLT) generated -$23.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Datavault AI Inc (DVLT) had $274.7M in total assets as of fiscal year 2025, including both current and long-term assets.

Datavault AI Inc (DVLT) invested $380K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Datavault AI Inc (DVLT) invested $16.5M in research and development during fiscal year 2025.

Yes, Datavault AI Inc (DVLT) spent $6.3M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Datavault AI Inc (DVLT) had 614M shares outstanding as of fiscal year 2025.

Datavault AI Inc (DVLT) had a current ratio of 5.32 as of fiscal year 2025, which is generally considered healthy.

Datavault AI Inc (DVLT) had a debt-to-equity ratio of 0.15 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Datavault AI Inc (DVLT) had a return on assets of -28.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Datavault AI Inc (DVLT) had $2.0M in cash against an annual operating cash burn of $23.6M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Datavault AI Inc (DVLT) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Datavault AI Inc (DVLT) has an earnings quality ratio of 0.30x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Datavault AI Inc (DVLT) has an interest coverage ratio of -1.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Datavault AI Inc (DVLT) scores 50 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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