Datavault AI Q2 Revenue Jumps 287% to $6.7M, Reiterates $200M Full-Year Target
DVLT sits 48% above its 52-week low of $0.251 on elevated volume (5.3× avg).
Summary
Datavault AI reported Q2 2026 revenue of $6.7 million, up 287% year-over-year from $1.7 million, with gross profit swinging to $2.9 million from just $35,000 a year ago. The company reiterated its full-year 2026 revenue target of at least $200 million, implying roughly 400% growth. Operating expenses remain heavy — R&D, sales and marketing, and G&A totaled $29.3 million, far exceeding revenue — but the company is clearly in aggressive build-out mode. This follows a flurry of recent activity: the $94.5 million CyberCatch acquisition announced last week, the $25 million convertible note with Streeterville Capital filed yesterday, and the $2 billion structured financing term sheet from June. The balance sheet shows only $1.4 million in cash but $49 million in crypto assets, and shares outstanding have ballooned to 854 million from 573 million at year-end. The conference call at 8:30 a.m. ET today will be closely watched for details on the CyberCatch closing and the $200 million revenue ramp.
At the time of this announcement, DVLT was trading at $0.37 on NASDAQ in the Technology sector, with a market capitalization of approximately $330.8M. The 52-week trading range was $0.25 to $4.10. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.