DV

Datavault AI Inc. stock research

Mar 31, 2025

FY2025 Q1

Datavault AI (DVLT) Gross Margin — Quarter Ended Mar 31, 2025

Revenue decreased from the prior quarter but increased compared to the same quarter last year. Gross profit declined sequentially, yet it turned positive versus the negative gross profit a year earlier, resulting in a gross margin that weakened from the prior quarter but improved year over year.

Gross margin takeaway

Quarter ended Mar 31, 2025 · FY2025 Q1

Revenue decreased from the prior quarter but increased compared to the same quarter last year. Gross profit declined sequentially, yet it turned positive versus the negative gross profit a year earlier, resulting in a gross margin that weakened from the prior quarter but improved year over year.

  • The strongest observable margin driver is the shift from a negative gross profit in the year-ago quarter to a positive gross profit this quarter, as revenue exceeded cost of revenue. This change is the primary factor behind the improved gross margin relative to the same quarter last year.
  • Compared to the immediately preceding quarter, revenue and gross profit were lower, while cost of revenue also decreased but at a smaller proportion, leading to a weakened gross margin. Versus the same quarter one year earlier, revenue and gross profit were higher, and cost of revenue increased, but the gross margin improved from negative to positive.

Gross margin snapshot

The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.

Gross margin

11.0%

Gross profit

$69000

Revenue

$629000

Cost of revenue

$560000

Quarter-over-quarter change

-13.6 pts

Year-over-year change

+43.5 pts

Quarterly gross margin trend

A four-quarter view of the revenue and direct-cost bridge behind gross margin.

PeriodRevenueGross profitCost of revenueGross margin
Jun 30, 2024$345000$11000$3340003.2%
Sep 30, 2024$1.2M$226000$94600019.3%
Dec 31, 2024$902000$222000$68000024.6%
Mar 31, 2025$629000$69000$56000011.0%

Quarterly comparisons

Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.

Previous-quarter change

Dec 31, 2024

-13.6 pts

Year-over-year change

Mar 31, 2024

+43.5 pts

What the margin says

Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.

The strongest observable margin driver is the shift from a negative gross profit in the year-ago quarter to a positive gross profit this quarter, as revenue exceeded cost of revenue. This change is the primary factor behind the improved gross margin relative to the same quarter last year.

Compared to the immediately preceding quarter, revenue and gross profit were lower, while cost of revenue also decreased but at a smaller proportion, leading to a weakened gross margin. Versus the same quarter one year earlier, revenue and gross profit were higher, and cost of revenue increased, but the gross margin improved from negative to positive.

Monitor the company's cash position, which declined substantially from the prior quarter end as disclosed in the filing.

DVLT Gross Margin — Quarter Ended Mar 31, 2025