DVLT Nasdaq Services-Business Services, Nec Financials FY2017βFY2025
Datavault AI Inc. had $39.1M of revenue in fiscal 2025, up 1,361.8% on the year before. Over five years, revenue changed +74.7% a year on average.
Last close Β· Oct 23, 2026
$0.13
1.2%Hi! I read Datavault AI Inc.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
+1,361.8%
Yes. Sales grew 1,361.8% last year.
Does it make a profit?
β202.1%
No. It lost money last year.
Does profit turn into cash?
β61.4%
No. It spent more cash than it brought in.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days Datavault AI Inc. did it, and the next one. Share prices often move a lot on those days.
Next results
November 13, 2026
Friday Β· in 18 days
| Date | Results for | Time | Source |
|---|---|---|---|
| Aug 19, 2026 | Q2 '26 | Before the market opens | 8-K β |
| May 15, 2026 | Q1 '26 | Before the market opens | 8-K β |
| Feb 5, 2026 | Q4 '25 | After the market closes | 8-K β |
| Nov 14, 2025 | Q3 '25 | After the market closes | 10-Q β |
| Aug 19, 2025 | Q2 '25 | After the market closes | 10-Q β |
| May 14, 2025 | Q1 '25 | After the market closes | 10-Q β |
| Mar 31, 2025 | Q4 '24 | Before the market opens | 8-K β |
| Oct 16, 2024 | Q3 '24 | Time not announced | 8-K β |
From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.
KIRA Β· Datavault AI Inc. had $39.1M of revenue in fiscal 2025, up 1,361.8% on the year before. Over five years, revenue changed +74.7% a year on average. Its operating margin was β83.1%, up 707.4Β pts: of every 100 in sales, about β83 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Datavault AI Inc. lost $79.0M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$24.0M in fiscal 2025, β61.4% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
Cash, debt and the ratios that show how comfortably Datavault AI Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $13.1M | $2.9M | $0.4M | $3.3M | $2.0M |
| Interest coverage | β1,279.0x | β20.1x | β23.0x | β16.6x | β1.6x |
| Current ratio | 6.5x | 3.0x | 1.1x | 1.6x | 5.3x |
| Quick ratio | 4.9x | 1.1x | 0.4x | 1.2x | 5.3x |
| Total assets | $19.4M | $11.5M | $4.8M | $101M | $275M |
| Total liabilities | $3.0M | $13.4M | $9.7M | $14.9M | $36.7M |
| Shareholders' equity | $16.4M | β$2.0M | β$5.2M | $85.7M | $238M |
| Net debt (β = net cash) | β | β | β | β | β |
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Datavault AI Inc. passes 5 of 8 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 3 / 8 | 5 / 8 | 4 / 9 | 6 / 8 | 0 / 8 | 3 / 8 | 4 / 8 | 5 / 8 |
| Accruals ratio | β1,047.7% | β1,672.9% | β20.9% | β36.7% | β2.0% | 8.8% | β47.9% | β64.3% | β29.5% |
| Altman Z'' | β312.85 | β113.21 | β160.43 | β57.13 | β28.47 | β71.47 | β196.83 | β4.89 | 4.30 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | $1.1M | $1.4M | $1.7M | $2.4M | $6.5M | $3.4M | $2.1M | $2.7M | $39.1M |
| Gross profit | β$0.2M | β$0.2M | β$0.1M | $0.4M | $1.9M | $0.4M | β$3.5M | $0.4M | $30.4M |
| Research and development | $3.7M | $4.9M | $5.4M | $4.6M | $5.2M | $7.1M | $7.5M | $7.8M | $16.5M |
| Operating income | β$6.8M | β$11.6M | β$11.2M | β$11.3M | β$11.5M | β$18.0M | β$21.5M | β$21.1M | β$32.5M |
| Interest expense | $14.7M | $33.5M | β | $1.4M | $0.0M | $0.9M | $0.9M | $1.3M | $20.0M |
| Pretax income | β$25.6M | β$67.3M | β$12.0M | β$12.7M | β$11.8M | β$16.1M | β$18.7M | β$51.4M | β$79.0M |
| Income tax | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Net income | β$25.7M | β$67.4M | β$12.0M | β$12.7M | β$11.8M | β$16.2M | β$18.7M | β$51.4M | β$79.0M |
| Net income to common | β | β$67.4M | β$12.1M | β$12.9M | β$13.0M | β$16.2M | β$25.1M | β$67.7M | β$79.0M |
| Diluted EPS | β$75.89 | β$9.96 | β$12.75 | β$2.47 | β$105.20 | β$82.89 | β$476.31 | β$16.14 | β$0.52 |
| Diluted shares | 0.00B | 0.01B | 0.00B | 0.01B | 0.00B | 0.00B | 0.00B | 0.00B | 0.15B |
| Cash flow | |||||||||
| Cash from operations | β$10.4M | β$10.0M | β$11.0M | β$9.9M | β$11.5M | β$17.5M | β$14.8M | β$17.5M | β$23.6M |
| Capital expenditure | $0.1M | $0.1M | $0.0M | $0.1M | $0.1M | $0.0M | $0.1M | $0.0M | $0.4M |
| Free cash flow | β$10.5M | β$10.0M | β$11.1M | β$9.9M | β$11.6M | β$17.6M | β$14.9M | β$17.6M | β$24.0M |
| Depreciation and amortization | $0.1M | $0.0M | $0.1M | $0.1M | $0.1M | $0.1M | $0.1M | $0.1M | $10.3M |
| Stock-based compensation | $0.0M | $2.8M | $0.1M | $1.0M | $1.3M | $2.0M | $2.1M | $3.0M | $6.3M |
| Acquisitions | β | β | β | β | β | β | β | β | $6.5M |
| Share buybacks | $0.0M | $0.0M | β | β | β | β | β | β | β |
| Dividends and buybacks | $0.0M | $0.0M | β | β | β | β | β | β | β |
| Balance sheet | |||||||||
| Cash and short-term investments | $0.2M | $3.2M | $0.3M | $7.4M | $13.1M | $2.9M | $0.4M | $3.3M | $2.0M |
| Total debt | β | β | $0.0M | $0.7M | β | β | β | β | β |
| Finance lease liabilities | β | β | β | β | β | $0.0M | β | β | β |
| Current assets | $1.2M | $5.1M | $4.0M | $11.1M | $19.2M | $11.1M | $4.1M | $6.4M | $143M |
| Current liabilities | $9.2M | $1.4M | $2.7M | $2.3M | $3.0M | $3.7M | $3.6M | $4.1M | $26.9M |
| Inventory | $0.7M | $1.4M | $2.7M | $2.7M | $4.8M | $7.1M | $2.7M | $1.6M | $0.6M |
| Property and equipment, net | $0.1M | $0.1M | $0.1M | $0.1M | $0.2M | $0.2M | $0.1M | $0.1M | $0.6M |
| Goodwill | β | β | β | β | β | β | β | β | $19.1M |
| Intangible assets | $0.1M | $0.1M | $0.0M | β | β | β | β | $92.6M | $94.8M |
| Total assets | $1.5M | $5.4M | $4.2M | $11.3M | $19.4M | $11.5M | $4.8M | $101M | $275M |
| Total liabilities | $31.2M | $1.6M | $3.1M | $3.4M | $3.0M | $13.4M | $9.7M | $14.9M | $36.7M |
| Preferred stock | $64.7M | $0.0M | β | β | β | β | β | β | β |
| Shareholders' equity | β$94.5M | $3.8M | $0.6M | $7.3M | $16.4M | β$2.0M | β$5.2M | $85.7M | $238M |
| Margins | |||||||||
| Gross margin | β14.3% | β17.3% | β4.3% | 17.8% | 28.5% | 11.7% | β166.0% | 14.1% | 77.8% |
| Operating margin | β614.9% | β842.1% | β669.9% | β469.5% | β176.0% | β536.2% | β1,030.1% | β790.5% | β83.1% |
| EBITDA margin | β609.5% | β839.1% | β666.4% | β466.8% | β174.8% | β532.6% | β1,025.4% | β787.9% | β56.6% |
| Net margin | β2,305.4% | β4,902.3% | β722.6% | β528.5% | β180.7% | β480.0% | β898.8% | β1,922.6% | β202.1% |
| FCF margin | β939.6% | β730.6% | β664.3% | β412.3% | β177.4% | β521.8% | β714.2% | β656.7% | β61.4% |
| Returns | |||||||||
| Return on capital | β | β | β2,978.8% | β1,567.1% | β | β | β | β | β |
| Return on capital employed | 88.9% | β287.3% | β733.3% | β125.2% | β70.1% | β232.0% | β1,809.2% | β21.9% | β13.1% |
| Return on equity | β | β | β545.7% | β321.2% | β99.8% | β224.6% | β | β127.6% | β48.8% |
| Return on assets | β1,760.7% | β1,962.9% | β250.1% | β163.7% | β77.0% | β104.7% | β230.1% | β97.5% | β42.1% |
| Return on tangible equity | β | β1,792.8% | β2,136.7% | β176.6% | β79.7% | β | β | β | β63.7% |
| Growth | |||||||||
| Revenue growth | β | 23.5% | 21.3% | 44.3% | 172.1% | β48.6% | β38.1% | 28.4% | 1,361.8% |
| Share count change | β | 1,900.4% | β86.0% | 452.0% | β97.6% | 57.2% | β73.0% | 7,864.5% | 3,535.2% |
| Financial health | |||||||||
| Debt / equity | β | β | 0.0x | 0.1x | β | β | β | β | β |
| Interest coverage | β0.5x | β0.3x | β | β8.1x | β1,279.0x | β20.1x | β23.0x | β16.6x | β1.6x |
| Current ratio | 0.1x | 3.7x | 1.5x | 4.9x | 6.5x | 3.0x | 1.1x | 1.6x | 5.3x |
| Quick ratio | 0.1x | 2.7x | 0.5x | 3.7x | 4.9x | 1.1x | 0.4x | 1.2x | 5.3x |
| Capital allocation | |||||||||
| Capex / revenue | 5.9% | 6.3% | 2.1% | 2.2% | 1.5% | 1.3% | 2.4% | 1.3% | 1.0% |
| Stock comp / revenue | 0.0% | 206.3% | 6.3% | 39.9% | 20.6% | 60.2% | 98.8% | 111.3% | 16.0% |
| Quality scores | |||||||||
| Piotroski F-score | β | 3.0 | 5.0 | 4.0 | 6.0 | 0.0 | 3.0 | 4.0 | 5.0 |
| Altman Z'' | β312.9 | β113.2 | β160.4 | β57.1 | β28.5 | β71.5 | β196.8 | β4.9 | 4.3 |
| Accruals ratio | β1,047.7% | β1,672.9% | β20.9% | β36.7% | β2.0% | 8.8% | β47.9% | β64.3% | β29.5% |
Source: SEC EDGAR XBRL filings (CIK 0001682149). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
