Datavault AI Inc. stock research
FY2025 Q2
Datavault AI (DVLT) Gross Margin — Quarter Ended Jun 30, 2025
Revenue increased compared to both the prior quarter and the same quarter last year, while gross profit was lower than the prior quarter but higher than a year ago. Gross margin weakened from the prior quarter but improved relative to the same quarter last year, reflecting a mixed relationship among revenue, cost of revenue, and gross profit.
Gross margin takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue increased compared to both the prior quarter and the same quarter last year, while gross profit was lower than the prior quarter but higher than a year ago. Gross margin weakened from the prior quarter but improved relative to the same quarter last year, reflecting a mixed relationship among revenue, cost of revenue, and gross profit.
- The strongest observable margin driver is the relationship between revenue and cost of revenue: revenue grew substantially from the prior quarter, yet cost of revenue increased more than proportionally, compressing gross profit and margin.
- Compared to the immediately preceding quarter, gross margin was lower, driven by a larger increase in cost of revenue relative to revenue. Compared to the same quarter one year earlier, gross margin was higher, as revenue growth outpaced the increase in cost of revenue.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
2.0%
Gross profit
$35000
Revenue
$1.7M
Cost of revenue
$1.7M
Quarter-over-quarter change
-9.0 pts
Year-over-year change
-1.2 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 |
|---|---|---|---|---|
| Sep 30, 2024 | $1.2M | $226000 | $946000 | 19.3% |
| Dec 31, 2024 | $902000 | $222000 | $680000 | 24.6% |
| Mar 31, 2025 | $629000 | $69000 | $560000 | 11.0% |
| Jun 30, 2025 | $1.7M | $35000 | $1.7M | 2.0% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Mar 31, 2025
-9.0 pts
Year-over-year change
Jun 30, 2024
-1.2 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver is the relationship between revenue and cost of revenue: revenue grew substantially from the prior quarter, yet cost of revenue increased more than proportionally, compressing gross profit and margin.
Compared to the immediately preceding quarter, gross margin was lower, driven by a larger increase in cost of revenue relative to revenue. Compared to the same quarter one year earlier, gross margin was higher, as revenue growth outpaced the increase in cost of revenue.
Monitor the trend in cost of revenue relative to revenue, as its disproportionate increase in the current quarter weakened gross margin.