Datavault AI Inc. stock research
FY2024 Q4
Datavault AI (DVLT) Gross Margin — Quarter Ended Dec 31, 2024
Revenue decreased compared to the prior quarter, while gross profit remained nearly stable, leading to an improvement in gross margin. Compared to the same quarter one year earlier, revenue was higher and gross profit turned positive from a negative figure, resulting in a significantly improved gross margin.
Gross margin takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue decreased compared to the prior quarter, while gross profit remained nearly stable, leading to an improvement in gross margin. Compared to the same quarter one year earlier, revenue was higher and gross profit turned positive from a negative figure, resulting in a significantly improved gross margin.
- The primary observable driver of gross margin improvement was the reduction in cost of revenue relative to revenue, as cost of revenue declined more sharply than revenue from the prior quarter.
- Compared to the immediately preceding quarter, gross margin was higher, driven by a lower cost of revenue despite a decrease in revenue. Compared to the same quarter one year earlier, gross margin improved substantially, as revenue increased and gross profit shifted from negative to positive.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
24.6%
Gross profit
$222000
Revenue
$902000
Cost of revenue
$680000
Quarter-over-quarter change
+5.3 pts
Year-over-year change
+104.1 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Mar 31, 2024 | $255000 | -$83000 | $338000 | -32.5% |
| Jun 30, 2024 | $345000 | $11000 | $334000 | 3.2% |
| Sep 30, 2024 | $1.2M | $226000 | $946000 | 19.3% |
| Dec 31, 2024 | $902000 | $222000 | $680000 | 24.6% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 30, 2024
+5.3 pts
Year-over-year change
Dec 31, 2023
+104.1 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The primary observable driver of gross margin improvement was the reduction in cost of revenue relative to revenue, as cost of revenue declined more sharply than revenue from the prior quarter.
Compared to the immediately preceding quarter, gross margin was higher, driven by a lower cost of revenue despite a decrease in revenue. Compared to the same quarter one year earlier, gross margin improved substantially, as revenue increased and gross profit shifted from negative to positive.
Monitor the trend in cost of revenue relative to revenue, as its decline was the key factor in the current quarter's margin improvement.