Datavault AI (DVLT) financial statements
Datavault AI reported revenue of $39M in fiscal 2025, up 56.0% a year over 8 years.
Net income was -$79M and the operating margin -83.1%, against -614.8% in 2017.
Free cash flow was -$24M.
The diluted share count rose 4513940% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Datavault AI's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1M | $1M | $2M | $2M | $7M | $3M | $2M | $3M | $39M |
| Cost of revenue | $1M | $2M | $2M | $2M | $5M | $3M | $6M | $2M | $9M |
| Gross profit | -$158,808 | -$238,000 | -$71,000 | $427,000 | $2M | $395,000 | -$3M | $376,000 | $30M |
| Research and development | $4M | $5M | $5M | $5M | $5M | $7M | $7M | $8M | $16M |
| Selling, general and admin | $3M | $6M | $6M | $7M | $8M | $11M | $11M | $14M | $46M |
| Operating income | -$7M | -$12M | -$11M | -$11M | -$12M | -$18M | -$21M | -$21M | -$32M |
| Interest expense | $15M | $34M | — | $1M | $9,000 | $898,000 | $932,000 | $1M | $20M |
| Pre-tax income | -$26M | -$67M | -$12M | -$13M | -$12M | -$16M | -$19M | -$51M | -$79M |
| Income tax | $5,610 | $8,000 | $8,000 | $3,000 | $2,000 | $2,000 | $4,000 | $0 | $5,000 |
| Net income | -$26M | -$67M | -$12M | -$13M | -$12M | -$16M | -$19M | -$51M | -$79M |
| EPS (diluted) | -$7,589.00 | -$996.00 | -$1,275.00 | -$247.00 | -$105.20 | -$82.89 | -$476.31 | -$16.14 | -$0.52 |
| Diluted shares | 0M | 0M | 0M | 0M | 0M | 0M | 0M | 4M | 153M |
| Gross margin | -14.3% | -17.3% | -4.3% | 17.8% | 28.5% | 11.7% | -166.0% | 14.1% | 77.8% |
| Operating margin | -614.8% | -842.1% | -669.9% | -469.5% | -176.0% | -536.2% | -1030.1% | -790.5% | -83.1% |
| Net margin | -2305.3% | -4902.3% | -722.6% | -528.5% | -180.7% | -480.0% | -898.8% | -1922.6% | -202.1% |
Balance sheet
Fiscal years, from Datavault AI's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $249,000 | $3M | $298,000 | $7M | $13M | $3M | $411,000 | $3M | $2M |
| Receivables | $54,789 | $112,000 | $108,000 | $85,000 | $214,000 | $273,000 | $294,000 | $349,000 | $888,000 |
| Inventory | $692,884 | $1M | $3M | $3M | $5M | $7M | $3M | $2M | $636,000 |
| Total current assets | $1M | $5M | $4M | $11M | $19M | $11M | $4M | $6M | $143M |
| Property, plant and equipment | $64,662 | $110,000 | $84,000 | $142,000 | $162,000 | $174,000 | $93,000 | $58,000 | $606,000 |
| Goodwill | — | — | — | — | — | — | — | — | $19M |
| Total assets | $1M | $5M | $4M | $11M | $19M | $11M | $5M | $101M | $275M |
| Total current liabilities | $9M | $1M | $3M | $2M | $3M | $4M | $4M | $4M | $27M |
| Total liabilities | $31M | $2M | $3M | $3M | $3M | $13M | $10M | $15M | $37M |
| Shareholders' equity | -$94M | $4M | $594,000 | $7M | $16M | -$2M | -$5M | $86M | $238M |
| Net debt | -$249,000 | -$3M | -$298,000 | -$7M | -$13M | -$3M | -$411,000 | -$3M | -$2M |
Cash flow
Fiscal years, from Datavault AI's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$10M | -$10M | -$11M | -$10M | -$12M | -$18M | -$15M | -$18M | -$24M |
| Capital spending | $66,021 | $86,793 | $35,000 | $52,000 | $99,000 | $43,000 | $50,000 | $35,000 | $380,000 |
| Free cash flow | -$10M | -$10M | -$11M | -$10M | -$12M | -$18M | -$15M | -$18M | -$24M |
| Stock-based compensation | $0 | $3M | $105,000 | $958,000 | $1M | $2M | $2M | $3M | $6M |
| Share buybacks (net) | -$25,000 | $0 | — | — | — | — | — | — | — |
| Free cash flow margin | -939.5% | -730.6% | -664.3% | -412.3% | -177.4% | -521.8% | -714.2% | -656.7% | -61.4% |
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Open DVLT in InvestinglyQuestions
What was Datavault AI's revenue in 2025?
$39M in fiscal 2025, from its 10-K filing.
How much free cash flow does Datavault AI generate?
-$24M in fiscal 2025 (operating cash flow minus capital spending).
From Datavault AI's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.