Veea Inc. (VEEAW) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q1'23 | Q4'22 | Q3'22 | Q1'22 | Q2'21 |
|---|
| Sales/Revenue | 180.42K | -10.08K | 144.93K | 72.93K | 14.26K | 33.5K | 50.68K | 40.81K | 16.77K | 31.77K | 9.01M | 15.55K | 0 | 0 | 0 | 0 |
| Revenue Growth % | 1165.02% | -130.08% | 185.95% | 78.69% | -14.96% | 5.43% | -99.44% | - | 7.82% | - | - | - | - | - | - | - |
| Cost of Goods Sold | 227.66K | 11.82K | 53.01K | 4.59K | 12.33K | 25.6K | 15K | 30.71K | 11.98K | 419.64K | 24.31K | 11.43K | 0 | 0 | 0 | 0 |
| COGS % of Revenue | 126.18% | -117.36% | 36.57% | 6.29% | 86.45% | 76.44% | 29.59% | 75.24% | 71.46% | 1320.82% | 0.27% | 73.48% | - | - | - | - |
| Gross Profit | -47.24K | -21.9K | 91.92K | 68.34K | 1.93K | 7.89K | 35.69K | 10.11K | 4.79K | -387.87K | 8.98M | 4.13K | 0 | 0 | 0 | 0 |
| Gross Margin % | -26.18% | 217.36% | 63.43% | 93.71% | 13.55% | 23.56% | 70.41% | 24.76% | 28.54% | -1220.82% | 99.73% | 26.52% | - | - | - | - |
| Gross Profit Growth % | -2545.24% | -377.47% | 157.58% | 576.3% | -59.63% | 102.04% | -99.6% | - | 16.02% | - | - | - | - | - | - | - |
| Operating Expenses | 4.98M | 3.5M | 4.75M | 4.99M | 5.73M | 14.19M | 1.24M | 6.85M | 6.1M | 4.76M | 5.63M | 4.29M | 1.39M | 633.05K | 509.08K | 882.9K |
| OpEx % of Revenue | 2761.93% | -34740.3% | 3280.69% | 6841.48% | 40207.65% | 42359.06% | 2453.05% | 16778.81% | 36345.72% | 14985.99% | 62.51% | 27558.87% | - | - | - | - |
| Selling, General & Admin | 4.83M | 3.1M | 4.54M | 4.79M | 5.46M | 13.9M | 2.07M | 6.08M | 5.93M | 4.66M | 5.37M | 3.71M | 1.39M | 633.05K | 509.08K | 882.9K |
| SG&A % of Revenue | 2679.57% | -30813.14% | 3131.35% | 6569.94% | 38274.6% | 41496.03% | 4084.27% | 14891.06% | 35372.92% | 14668.91% | 59.61% | 23862.39% | - | - | - | - |
| Research & Development | 148.6K | 163.54K | 6.19K | 53.42K | 215.57K | 220.42K | 356.76K | 701.95K | 94.22K | 16.84K | 185.76K | 245.42K | 0 | 0 | 0 | 0 |
| R&D % of Revenue | 82.36% | -1623.1% | 4.27% | 73.25% | 1511.53% | 658.05% | 703.91% | 1719.99% | 561.85% | 53.02% | 2.06% | 1577.96% | - | - | - | - |
| Other Operating Expenses | 0 | 232.16K | 210.25K | 144.61K | 60.12K | 68.66K | -1000K | 68.47K | 68.92K | 83.9K | 75.32K | 329.49K | 0 | 0 | 0 | 0 |
| Operating Income | -5.03M | -3.52M | -4.66M | -4.92M | -5.73M | -14.18M | -1.21M | -6.84M | -6.09M | -5.15M | 3.35M | -4.28M | -1.39M | -633.05K | -509.08K | -882.9K |
| Operating Margin % | -2788.12% | 34957.66% | -3217.27% | -6747.77% | -40194.1% | -42335.5% | -2382.64% | -16754.05% | -36317.19% | -16206.82% | 37.22% | -27532.35% | - | - | - | - |
| Operating Income Growth % | 12.25% | 75.16% | -286.11% | 28.03% | 5.88% | -175.4% | -136.01% | - | -42.23% | -271.02% | 629.73% | -741.15% | - | - | - | - |
| EBITDA | -4.83M | -3.31M | -4.45M | -4.75M | -5.58M | -14.02M | -1.14M | -6.68M | -5.85M | -4.86M | 3.43M | -3.95M | 2.84M | 2.49M | 3.37M | 2.08M |
| EBITDA Margin % | -2674.5% | 32859.78% | -3067.93% | -6509.23% | -39155.88% | -41869.14% | -2249.01% | -16373.61% | -34913.12% | -15301.94% | 38.06% | -25413.82% | - | - | - | - |
| EBITDA Growth % | 13.59% | 76.39% | -290.07% | 28.96% | 4.62% | -188.48% | -133.24% | - | -48.13% | -271.04% | 37.96% | -217.25% | - | - | - | - |
| D&A (Non-Cash Add-back) | 204.99K | 211.38K | 216.43K | 173.96K | 148.07K | 156.21K | 67.73K | 155.26K | 235.46K | 287.49K | 75.32K | 329.49K | 0 | 0 | 0 | 0 |
| EBIT | -3.86M | -4.54M | -3.44M | -6.98M | 5.25M | -471.73K | -32.87M | -6.83M | -6.09M | -5.34M | 3.75M | -5.66M | 2.84M | 2.49M | 3.37M | 2.08M |
| Net Interest Income | -810.68K | -379.77K | -442.87K | -433.1K | -946.48K | -455.42K | -451.88K | -444.17K | -456.77K | -891.11K | -1.79M | 3.06M | 2.76M | 1.44M | 26.05K | 4.8K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.94K | 0 | 3.09M | 2.76M | 1.44M | 26.05K | 4.8K |
| Interest Expense | 810.68K | 379.77K | 442.87K | 433.1K | 946.48K | 455.42K | 451.88K | 444.17K | 456.77K | 893.05K | 1.79M | 28.52K | 0 | 0 | 0 | 0 |
| Other Income/Expense | 357.19K | -1.4M | 6.04M | -2.49M | 10.03M | 13.25M | -32.12M | -440.57K | -457.02K | -1.08M | -1.39M | -1.4M | 4.23M | 3.12M | 3.88M | 2.96M |
| Pretax Income | -4.67M | -4.92M | 1.38M | -7.41M | 4.3M | -927.15K | -33.32M | -7.28M | -6.55M | -6.23M | 1.96M | -5.69M | 2.84M | 2.49M | 3.37M | 2.08M |
| Pretax Margin % | -2590.14% | 48863.89% | 948.96% | -10162.02% | 30143.4% | -2767.94% | -65748.98% | -17833.6% | -39042.41% | -19607.13% | 21.78% | -36555.67% | - | - | - | - |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -4.67M | -4.92M | 1.38M | -7.41M | 4.3M | -927.15K | -33.32M | -7.28M | -6.55M | -6.23M | 1.96M | -5.69M | 2.84M | 2.49M | 3.37M | 2.08M |
| Net Margin % | -2590.14% | 48863.89% | 948.96% | -10162.02% | 30143.4% | -2767.94% | -65748.98% | -17833.6% | -39042.41% | -19607.13% | 21.78% | -36555.67% | - | - | - | - |
| Net Income Growth % | -208.7% | -431.04% | 104.13% | -1.82% | 165.66% | 85.12% | -1798.62% | - | -15.16% | -319.17% | -21.06% | -268.66% | - | - | - | - |
| Net Income (Continuing) | -4.67M | -4.92M | 1.38M | -7.41M | 4.3M | -927.15K | -33.32M | -7.28M | -6.55M | -6.23M | 1.96M | -5.69M | 2.84M | 2.49M | 3.37M | 2.08M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.09 | -0.11 | 0.03 | -0.19 | 0.12 | -0.03 | -0.93 | -0.20 | -0.18 | -0.17 | 0.06 | -0.02 | 0.07 | 0.06 | 0.08 | 0.05 |
| EPS Growth % | -177.17% | -329.69% | 103.23% | 5% | 166.67% | 84.94% | -1787.84% | - | -765.38% | -338.76% | -11.56% | -124.62% | - | - | - | - |
| EPS (Basic) | -0.09 | -0.11 | 0.03 | -0.19 | 0.12 | -0.03 | -0.93 | -0.20 | -0.18 | -0.17 | 0.06 | -0.02 | 0.07 | 0.06 | 0.08 | 0.05 |
| Diluted Shares Outstanding | 50.47M | 45.67M | 45.67M | 38.81M | 36.58M | 36.2M | 35.91M | 35.62M | 35.62M | 35.62M | 35.62M | 34.27M | 39.9M | 39.9M | 39.9M | 39.9M |
| Basic Shares Outstanding | 50.47M | 45.84M | 45.84M | 38.81M | 36.37M | 36.2M | 35.91M | 35.62M | 35.62M | 35.62M | 35.62M | 34.27M | 39.9M | 39.9M | 39.9M | 39.9M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |