9 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 1361.8% per year over the past 5 years.
Financial health
Operating income covered interest expense -1.6× in the latest year, up from -8.1× 5 years ago.
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$39M
-$79M
77.8%
-83.1%
-$24M
—
$2M
2024
$3M
-$51M
14.1%
-790.5%
-$18M
—
$3M
2023
—
-$19M
—
—
-$15M
—
$411000
2022
—
-$16M
—
—
-$18M
—
$3M
2021
—
-$12M
—
—
-$12M
—
$13M
2020
—
-$13M
—
—
-$10M
$668000
$7M
2019
—
-$12M
—
—
-$11M
$0
$298000
2018
—
-$67M
—
—
-$10M
—
$3M
2017
—
-$26M
—
—
-$10M
—
$249000
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$3M
-$53M
3.2%
-906.0%
-$9M
—
$2M
Dec '25
$34M
$661000
89.3%
12.3%
-$734000
—
$2M
Sep '25
$3M
-$33M
3.3%
-508.1%
-$10M
—
$2M
Jun '25
$2M
-$37M
2.0%
-718.1%
-$7M
—
$662000
Mar '25
$629000
-$10M
11.0%
-1499.4%
-$6M
—
$171000
Dec '24
$902000
-$6M
24.6%
-702.0%
-$4M
—
$3M
Sep '24
$1M
-$5M
19.3%
-447.4%
-$4M
—
$4M
Jun '24
$345000
-$43M
3.2%
-1566.7%
-$6M
—
$6M
Mar '24
—
$3M
—
—
-$4M
—
$3M
Dec '23
—
-$6M
—
—
-$3M
—
$411000
Sep '23
—
-$6M
—
—
-$3M
—
$212000
Jun '23
—
-$5M
—
—
-$5M
—
$2M
Mar '23
—
-$921000
—
—
-$5M
—
$5M
Dec '22
—
-$3M
—
—
-$5M
—
$3M
Sep '22
—
-$5M
—
—
-$5M
—
$3M
Jun '22
—
-$4M
—
—
-$4M
—
$5M
Mar '22
—
-$4M
—
—
-$4M
—
$9M
Dec '21
—
-$3M
—
—
-$3M
—
$13M
Sep '21
—
-$2M
—
—
-$3M
$0
$16M
Jun '21
—
-$3M
—
—
-$3M
$0
$10M
Valuation over time
How the market has priced DVLT against its own fundamentals since 2025-02 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 302.4× (Feb '25) to 7.4× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is DVLT growing its revenue and profit?
Over the past 5 years, Datavault AI Inc.'s revenue has grown 1361.8% per year. These are computed facts, not advice.
How much debt does DVLT have?
As of FY2025, Datavault AI Inc. reported — of total debt against $2M of cash; operating income covered interest expense -1.6×.
What is DVLT's profit margin?
In FY2025, gross margin was 77.8%, operating margin -83.1%, and net margin -202.1%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.