5 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 →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $222018 | -$7M | 68.5% | -8483.7% | -$15M | — | $133860 |
| 2024 | $141760 | -$48M | 41.2% | -59309.8% | -$26M | $13M | $2M |
| 2023 | $9M | -$16M | 94.9% | -114.2% | -$13M | $24M | $6M |
| 2022 | — | $11M | — | — | — | — | $185881 |
| 2021 | — | $7M | — | — | — | — | $107224 |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $180417 | -$5M | 87.4% | -2788.1% | — | $5M | $2M |
| Dec '25 | -$10076 | -$5M | 217.4% | 34751.5% | — | — | $133860 |
| Sep '25 | $144926 | $1M | 63.4% | -3217.3% | — | — | $1M |
| Jun '25 | $72927 | -$7M | 93.7% | -6747.8% | — | — | $238008 |
| Mar '25 | $14262 | $4M | 13.5% | -40439.5% | — | $14M | $247341 |
| Dec '24 | $33496 | -$927149 | 23.6% | -42335.5% | -$6M | $13M | $2M |
| Sep '24 | $50683 | -$33M | 70.4% | -113445.1% | -$5M | — | $3M |
| Jun '24 | $40811 | -$7M | 24.8% | -16754.1% | -$4M | $13M | $869594 |
| Mar '24 | $16770 | -$7M | 28.5% | -36317.2% | -$11M | — | $6M |
| Dec '23 | $31771 | -$6M | -1220.8% | -16206.8% | -$6M | $24M | $6M |
| Sep '23 | $9M | $2M | 99.7% | 37.2% | — | — | $1M |
| Jun '23 | — | -$7M | — | — | — | — | $20880 |
| Mar '23 | — | -$420047 | — | — | — | — | $97811 |
| Dec '22 | — | $3M | — | — | — | — | $185881 |
| Sep '22 | — | $2M | — | — | — | — | $108859 |
| Jun '22 | — | $2M | — | — | — | — | $73736 |
| Mar '22 | — | $3M | — | — | — | — | $267718 |
| Dec '21 | — | $1M | — | — | — | — | $107224 |
| Sep '21 | — | $3M | — | — | — | — | $368210 |
| Jun '21 | — | $2M | — | — | — | — | — |
How the market has priced VEEA against its own fundamentals since 2024-09 — 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.
Over the past 4 years, VEEA INC.'s revenue has declined 84.4% per year. These are computed facts, not advice.
As of FY2025, VEEA INC. reported — of total debt against $133860 of cash; operating income covered interest expense -8.6×.
In FY2025, gross margin was 68.5%, operating margin -8483.7%, and net margin -2999.8%.
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.