Veea Inc.(VEEA)Earnings, Financials & Key Ratios
VEEA•NASDAQ
$0.50
$25M mkt cap·Price updated May 7, 2026
AboutVeea Inc. provides computing, multiaccess multiprotocol communications, edge storage, and cybersecurity solutions. The company offers multiaccess edge computing (MEC) platform that redefines connectivity and computing at the edge by integrating functions of servers, network attached storage (NAS), routers, firewalls, Wi-Fi Access Points, IoT gateways, and 4G and 5G connections; and Veea Edge Platform enables direct connections from the optical fiber, cellular, and satellite networks. It also provides VeeaHub STAX, an edge computing product integrated with wireless access, including Wi-Fi 6; VeeaHub that offers connectivity options for pro indoor smart edge applications; and VeeaHub Outdoor that integrates with wireless connectivity for smart edge applications in outdoor and industrial environments. The company also offers TROLLEE, a smart shopping cart platform; the VeeaHub toolkit; and Veea AdEdge, an advertising platform. Veea Inc. was founded in 2014 and is headquartered in New York, New York.Show more
- Revenue$142K-98.4%
- EBITDA-$27M-209.6%
- Net Income-$48M-204.0%
- EPS (Diluted)-1.88-327.3%
- Gross Margin41.25%-56.5%
- EBITDA Margin-19106.9%-19713.9%
- Operating Margin-19601.98%-17065.5%
- Net Margin-33541.03%-19357.5%
- Interest Coverage-15.37-689.0%
VEEA Key Insights
Veea Inc. (VEEA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Share count reduced 29.1% through buybacks
✗Weaknesses
- ✗Negative free cash flow
- ✗Trading more than 30% below 52-week high
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
VEEA Price & Volume
Veea Inc. (VEEA) stock price & volume — 10-year historical chart
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VEEA Growth Metrics
Veea Inc. (VEEA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-63.01%
TTM89.67%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM95.01%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM97.06%
Return on Capital
10 Years-976.08%
5 Years-976.08%
3 Years-976.08%
Last Year-2901.44%
VEEA Peer Comparison
Veea Inc. (VEEA) competitors in Data, AI, and IoT Platforms — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CMBM | 3.67M | 0.13 | -0.05 | -25.84% | -56.98% | -224.89% | 0.39 | |
 CALX | 2.81B | 43.52 | 167.38 | 20.26% | 3.2% | 4.25% | 0.03 | |
 NTGR | 707.92M | 25.89 | -22.71 | 2.91% | -5.77% | -7.97% | 0.10 | |
 SATS | 35.26B | 122.62 | -2.43 | -5.18% | -155.15% | -176.79% | 5.33 | |
 GILT | 1.38B | 18.84 | 55.41 | 47.87% | 4.59% | 4.14% | 0.02 | |
 CSCO | 364.95B | 92.16 | 36.14 | 5.3% | 18.76% | 23.21% | 0.63 | |
 RBBN | 472.38M | 2.69 | 12.23 | 1.28% | 3.8% | 7.85% | 0.90 | |
 VIAV | 11.81B | 51.05 | 340.33 | 8.39% | -4.03% | -6.92% | 0.89 |
Compare VEEA vs Peers
Veea Inc. (VEEA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
VEEA Income Statement
Veea Inc. (VEEA) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Sales/Revenue | 2.8M | 224.05K | 9.07M | 141.76K | 265.61K |
| Revenue Growth % | - | -92% | 3949.12% | -98.44% | 89.67% |
| Cost of Goods Sold | 2.76M | 285.31K | 466.8K | 83.29K | 95.53K |
| COGS % of Revenue | 98.47% | 127.34% | 5.15% | 58.75% | - |
| Gross Profit | 42.83K▲ 0% | -61.26K▼ 243.0% | 8.61M▲ 14147.5% | 58.47K▼ 99.3% | 170.09K▲ 0% |
| Gross Margin % | 1.53% | -27.34% | 94.85% | 41.25% | 64.04% |
| Gross Profit Growth % | - | -243.03% | 14147.45% | -99.32% | - |
| Operating Expenses | 33.35M | 25.57M | 18.97M | 27.85M | 29.67M |
| OpEx % of Revenue | 1191.05% | 11410.94% | 209.05% | 19643.22% | - |
| Selling, General & Admin | 21.82M | 20.46M | 17.45M | 27.45M | 28.69M |
| SG&A % of Revenue | 779.34% | 9131.93% | 192.39% | 19363.96% | - |
| Research & Development | 5.68M | 3.23M | 693.45K | 1.37M | 495.6K |
| R&D % of Revenue | 202.77% | 1440.19% | 7.64% | 968.79% | - |
| Other Operating Expenses | 5.85M | 1.88M | 818.2K | -977.47K | 483.63K |
| Operating Income | -33.31M▲ 0% | -25.63M▲ 23.1% | -10.36M▲ 59.6% | -27.79M▼ 168.2% | -29.5M▲ 0% |
| Operating Margin % | -1189.52% | -11438.28% | -114.19% | -19601.98% | -11105.26% |
| Operating Income Growth % | - | 23.06% | 59.58% | -168.23% | - |
| EBITDA | -30.7M | -23.75M | -8.75M | -27.09M | -28.8M |
| EBITDA Margin % | -1096.24% | -10599.46% | -96.43% | -19106.9% | -10843.72% |
| EBITDA Growth % | - | 22.64% | 63.16% | -209.61% | -55.36% |
| D&A (Non-Cash Add-back) | 2.61M | 1.88M | 1.61M | 701.82K | 694.67K |
| EBIT | -30.56M | -25.68M | -10.32M | -45.74M | -5.64M |
| Net Interest Income | 16.26K | 4.68M | -5.32M | -1.81M | -2.28M |
| Interest Income | 16.26K | 4.68M | 1.94K | 0 | 0 |
| Interest Expense | - | - | 5.32M | 1.81M | 2.28M |
| Other Income/Expense | -1.95M | -9.57M | -5.28M | -19.76M | 26.83M |
| Pretax Income | -35.26M▲ 0% | -35.2M▲ 0.2% | -15.64M▲ 55.6% | -47.55M▼ 204.0% | -2.66M▲ 0% |
| Pretax Margin % | -1259.11% | -15710.66% | -172.38% | -33541.03% | -1002.84% |
| Income Tax | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% |
| Net Income | -35.07M▲ 0% | -35.17M▼ 0.3% | -15.64M▲ 55.5% | -47.55M▼ 204.0% | -2.66M▲ 0% |
| Net Margin % | -1252.27% | -15695.95% | -172.38% | -33541.03% | -1002.84% |
| Net Income Growth % | - | -0.28% | 55.53% | -204.04% | 95.01% |
| Net Income (Continuing) | -35.26M | -35.2M | -15.64M | -47.55M | -2.66M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -183.97K | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.17▲ 0% | 0.27▲ 58.8% | -0.44▼ 263.0% | -1.88▼ 327.3% | -0.06▲ 0% |
| EPS Growth % | - | 58.82% | -262.96% | -327.27% | 97.06% |
| EPS (Basic) | 0.17 | 0.27 | -0.44 | -1.88 | - |
| Diluted Shares Outstanding | 39.9M | 39.9M | 35.62M | 25.26M | 45.67M |
| Basic Shares Outstanding | 39.9M | 39.9M | 35.62M | 25.26M | 45.84M |
| Dividend Payout Ratio | - | - | - | - | - |
VEEA Balance Sheet
Veea Inc. (VEEA) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Total Current Assets | 7.54M | 130.03K | 13.95M | 14.88M | 16.32M |
| Cash & Short-Term Investments | 951.04K | 86.4K | 6.01M | 1.69M | 1.07M |
| Cash Only | 951.04K | 86.4K | 6.01M | 1.69M | 1.07M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 25K | 52.84K | 84.66K | 147.44K |
| Days Sales Outstanding | - | 40.72 | 2.13 | 217.97 | 124.52 |
| Inventory | 4.72M | 0 | 7.38M | 7.46M | 9.56M |
| Days Inventory Outstanding | 624.99 | - | 5.77K | 32.69K | 32.68K |
| Other Current Assets | 0 | -25K | 0 | 712 | 0 |
| Total Non-Current Assets | 11M | 323.91M | 6.89M | 6.17M | 13.15M |
| Property, Plant & Equipment | 2.89M | 0 | 7.57M | 327.99K | 113.47K |
| Fixed Asset Turnover | 0.97x | - | 1.20x | 0.43x | 1.42x |
| Goodwill | 5.12M | 4.58M | 4.8M | 4.78M | 5.17M |
| Intangible Assets | 2.25M | 1.06M | 628.48K | 741.08K | 7.59M |
| Long-Term Investments | 607.59K | 323.91M | 451.87K | 235.6K | 943.52K |
| Other Non-Current Assets | 132.09K | -5.64M | -6.56M | 85.5K | 271.06K |
| Total Assets | 18.53M▲ 0% | 324.04M▲ 1648.4% | 20.84M▼ 93.6% | 21.09M▲ 1.2% | 29.47M▲ 0% |
| Asset Turnover | 0.15x | 0.00x | 0.44x | 0.01x | 0.01x |
| Asset Growth % | - | 1648.4% | -93.57% | 1.23% | -100.05% |
| Total Current Liabilities | 83.62M | 3.88M | 32.19M | 20.14M | 28.38M |
| Accounts Payable | 1.7M | 4.4M | 1.08M | 1.29M | 3.55M |
| Days Payables Outstanding | 224.89 | 5.63K | 842.83 | 5.66K | 12.33K |
| Short-Term Debt | 69.55M | 1M | 21.6M | 12.7M | 17.31M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 2.26M |
| Other Current Liabilities | 250K | -1.53M | 2.05M | 897.02K | 2.26M |
| Current Ratio | 0.09x | 0.03x | 0.43x | 0.74x | 0.74x |
| Quick Ratio | 0.03x | 0.03x | 0.20x | 0.37x | 0.37x |
| Cash Conversion Cycle | - | - | 4.93K | 27.25K | 20.47K |
| Total Non-Current Liabilities | 2.56M | 11.55M | 119.42K | 17.98M | 5.35M |
| Long-Term Debt | 1.22M | 0 | 0 | 97.32K | 0 |
| Capital Lease Obligations | 1.34M | 0 | 119.42K | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 11.55M | 0 | 17.88M | 36.18M |
| Total Liabilities | 86.18M | 15.43M | 32.3M | 38.12M | 33.73M |
| Total Debt | 72.96M | 1M | 22.16M | 12.92M | 17.31M |
| Net Debt | 72.01M | 913.6K | 16.15M | 11.23M | 16.24M |
| Debt / Equity | - | 0.00x | - | - | -4.06x |
| Debt / EBITDA | - | - | - | - | -0.60x |
| Net Debt / EBITDA | - | - | - | - | -0.56x |
| Interest Coverage | - | - | -1.95x | -15.37x | -2.48x |
| Total Equity | -67.65M▲ 0% | 308.61M▲ 556.2% | -11.47M▼ 103.7% | -17.02M▼ 48.5% | -4.27M▲ 0% |
| Equity Growth % | - | 556.2% | -103.72% | -48.46% | -294.23% |
| Book Value per Share | -1.70 | 7.73 | -0.32 | -0.67 | -0.09 |
| Total Shareholders' Equity | -67.46M | 308.61M | -11.47M | -17.02M | -4.27M |
| Common Stock | 72 | 323.91M | 1.96K | 3.62K | 5.02K |
| Retained Earnings | -119.48M | -15.3M | -170.28M | -217.83M | -219.57M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -559.78K | 0 | -661.35K | 135.39K | 358.48K |
| Minority Interest | -183.97K | 0 | 0 | 0 | 0 |
VEEA Cash Flow Statement
Veea Inc. (VEEA) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|
| Cash from Operations | -2.14M | -22.03M | -12.65M | -25.6M | -25.6M |
| Operating CF Margin % | -76.36% | -9830.47% | -139.47% | -18055.17% | - |
| Operating CF Growth % | - | -929.99% | 42.55% | -102.29% | 159.21% |
| Net Income | -35.07M | -35.17M | -15.64M | -47.55M | -2.66M |
| Depreciation & Amortization | 5.08M | 3.37M | 1.61M | 701.82K | 806.7K |
| Stock-Based Compensation | 478.85K | 845.45K | 484.58K | 6.7M | 6.38M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 27.33M | 9.45M | 1.31M | 18.96M | -23.84M |
| Working Capital Changes | 43.06K | -527.38K | -417.24K | -4.4M | 2.04M |
| Change in Receivables | 111.27K | -25K | -27.84K | -31.78K | -62.54K |
| Change in Inventory | -955.24K | -3.19M | -147.98K | -639.34K | -742.33K |
| Change in Payables | 0 | 0 | -1.59M | 341.91K | 2.81M |
| Cash from Investing | -319.22M | -249.26K | -155.05K | -265.44K | -282.7K |
| Capital Expenditures | -84.73K | -30.77K | -34.97K | -46.2K | -171.23K |
| CapEx % of Revenue | 3.03% | 13.73% | 0.39% | 32.59% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - |
| Other Investing | 84.73K | -218.5K | -120.09K | -219.24K | -111.47K |
| Cash from Financing | 321.46M | 21.52M | 18.57M | 21.57M | 16.18M |
| Debt Issued (Net) | 23.7M | 12M | -731.61K | 10.44M | 10.76M |
| Equity Issued (Net) | 1000K | 0 | 1000K | 1000K | 2.84M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -23.7M | 9.53M | 2.05M | 71.74K | -1.35M |
| Net Change in Cash | 107.22K▲ 0% | -765.16K▼ 813.6% | 5.82M▲ 861.2% | -4.32M▼ 174.2% | -1.73M▲ 0% |
| Free Cash Flow | -2.14M▲ 0% | -22.06M▼ 931.4% | -12.81M▲ 41.9% | -25.86M▼ 101.9% | -17.47M▲ 0% |
| FCF Margin % | -76.36% | -9844.2% | -141.18% | -18242.42% | -6577.25% |
| FCF Growth % | - | -931.43% | 41.93% | -101.91% | 56.23% |
| FCF per Share | -0.05 | -0.55 | -0.36 | -1.02 | -1.02 |
| FCF Conversion (FCF/Net Income) | 0.06x | 0.63x | 0.81x | 0.54x | 6.56x |
| Interest Paid | 231.33K | 353.6K | 892.34K | 504.43K | 212.66K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 |
VEEA Key Ratios
Veea Inc. (VEEA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|
| Return on Equity (ROE) | -29.19% | -10.53% | - | 24.27% |
| Return on Invested Capital (ROIC) | -12.25% | -4.95% | - | -499.03% |
| Gross Margin | -27.34% | 94.85% | 41.25% | 64.04% |
| Net Margin | -15695.95% | -172.38% | -33541.03% | -1002.84% |
| Debt / Equity | 0.00x | - | - | -4.06x |
| Interest Coverage | - | -1.95x | -15.37x | -2.48x |
| FCF Conversion | 0.63x | 0.81x | 0.54x | 6.56x |
| Revenue Growth | -92% | 3949.12% | -98.44% | 89.67% |
VEEA Frequently Asked Questions
Veea Inc. (VEEA) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Veea Inc. (VEEA) reported $0.3M in revenue for fiscal year 2024. This represents a 91% decrease from $2.8M in 2021.
Veea Inc. (VEEA) saw revenue decline by 98.4% over the past year.
Veea Inc. (VEEA) reported a net loss of $2.7M for fiscal year 2024.
Dividend & Returns
Veea Inc. (VEEA) had negative free cash flow of $17.5M in fiscal year 2024, likely due to heavy capital investments.
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Veea Inc. (VEEA) financial analysis — history, returns, DCA and operating performance tools
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