Datavault AI Inc. stock research
FY2025 Q3
Datavault AI (DVLT) Gross Margin — Quarter Ended Sep 30, 2025
In the most recent quarter, revenue and gross profit both increased compared to the preceding quarter, while cost of revenue also rose. Gross margin improved sequentially but weakened substantially compared to the same quarter one year earlier.
Gross margin takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
In the most recent quarter, revenue and gross profit both increased compared to the preceding quarter, while cost of revenue also rose. Gross margin improved sequentially but weakened substantially compared to the same quarter one year earlier.
- The strongest observable margin driver is the relationship between cost of revenue and revenue: cost of revenue increased at a faster rate than revenue when comparing the current quarter to the year-ago quarter, compressing gross margin.
- Sequentially, gross margin improved, indicating a relative narrowing of cost of revenue versus revenue. Year-over-year, gross margin weakened significantly.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
3.3%
Gross profit
$95000
Revenue
$2.9M
Cost of revenue
$2.8M
Quarter-over-quarter change
+1.3 pts
Year-over-year change
-16.0 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 |
|---|---|---|---|---|
| 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% |
| Sep 30, 2025 | $2.9M | $95000 | $2.8M | 3.3% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jun 30, 2025
+1.3 pts
Year-over-year change
Sep 30, 2024
-16.0 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 cost of revenue and revenue: cost of revenue increased at a faster rate than revenue when comparing the current quarter to the year-ago quarter, compressing gross margin.
Sequentially, gross margin improved, indicating a relative narrowing of cost of revenue versus revenue. Year-over-year, gross margin weakened significantly.
Monitor the financial impact of the acquisition of CSI completed in May 2025, as noted in the filing.