olivLaw · US equity research
Datavault AI Inc. DVLT
Services-Business Services, NEC · SIC 7389 · Vertical: Services-Business Services, NEC (SIC 7389)
Datavault AI is a company that licenses and commercializes software platforms for managing, valuing and monetizing data and real-world assets, combining artificial intelligence, blockchain and audio technologies. Interest in the company is rising as it moves from building technology to commercial execution, with revenue of 6.7 million USD in the second quarter of 2026 and a target of at least 200 million USD for 2026.
At the close of 04 Nov 2026, Datavault AI Inc. (DVLT) stock was 0.07 USD (−1.43% on the day), with market capitalisation 65.5 m USD, beta 1.30, 52-week range 0.07–2.55 USD. Latest reported quarter (Q2 2026): revenue of 6.7 m USD (+287.1% YoY), net income of -88.0 m USD, diluted EPS -0.12 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 30.1
- weak (30–45)
- Bollinger (20, 2)
- 0.06 – 0.17
- in the lower half of the band · %B 0.11 · band width 100.2%
- SMA 50 / 200
- 0.17 / 0.46
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.03 / -0.03
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −56.9% | −1.1% | −55.8 pp | — |
| 3 months | −75.4% | −0.5% | −74.9 pp | — |
| 6 months | −86.7% | +4.4% | −91.1 pp | — |
| Year to date | −89.4% | +12.3% | −101.7 pp | — |
| 1 year | −96.1% | +13.5% | −109.7 pp | −4.0% |
| 3 years | −99.7% | +76.4% | −176.1 pp | +2.0% |
| 5 years | −100.0% | +63.7% | −163.7 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 30 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.2 m | 902.0 k | 629.0 k | 1.7 m | 2.9 m | 33.8 m | 3.4 m | 6.7 m |
| Cost of revenue | 946.0 k | 680.0 k | 560.0 k | 1.7 m | 2.8 m | 3.6 m | 3.3 m | 3.8 m |
| Gross profit | 226.0 k | 222.0 k | 69.0 k | 35.0 k | 95.0 k | 30.2 m | 111.0 k | 2.9 m |
| Research & development | 2.2 m | 2.1 m | 2.4 m | 4.2 m | 5.0 m | 4.9 m | 5.7 m | 7.2 m |
| Operating income | -5.2 m | -6.3 m | -9.4 m | -12.5 m | -14.8 m | 4.2 m | -31.0 m | -26.5 m |
| Depreciation & amortisation | 11.0 k | 11.0 k | 2.3 m | 26.0 k | 43.0 k | 2.8 m | 3.2 m | 3.3 m ≈ |
| Interest expense | -9.0 k | 12.0 k | 120.0 k | 17.2 m | 864.0 k | 1.8 m | 1.1 m | 1.0 m |
| Pre-tax income | -5.1 m | -6.4 m | -9.6 m | -37.1 m | -33.0 m | 661.0 k | -53.1 m | -88.0 m |
| Income tax | 0 | 0 | 0 | 5.0 k | 0 ≈ | 0 | 0 | 0 |
| Net income | -5.1 m | -6.4 m | -9.6 m | -37.1 m | -33.0 m | 661.0 k | -53.1 m | -88.0 m |
| Diluted EPS | -1.39 | -0.87 ≈ | -0.18 | -0.54 | -0.33 | 0.00 ≈ | -0.09 | -0.12 |
| Operating cash flow | -4.2 m ≈ | -4.3 m | -6.0 m | -6.8 m ≈ | -10.4 m ≈ | -406.0 k | -8.7 m | -71.2 m ≈ |
| Capex | 8.0 k ≈ | 7.0 k | 52.0 k | 0 ≈ | 0 ≈ | 328.0 k | 264.0 k | 318.0 k ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.4 m | 1.7 m | 2.4 m | 6.5 m | 3.4 m | 2.1 m | 2.7 m | 39.1 m |
| Revenue YoY | +23.5% | +21.3% | +44.3% | +172.1% | −48.6% | −38.1% | +28.4% | +1,361.8% |
| Net income | -67.4 m | -12.0 m | -12.7 m | -11.8 m | -16.2 m | -18.7 m | -51.4 m | -79.0 m |
| Net income YoY | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| Diluted EPS | unavailable | unavailable | -2.47 | -105.20 | -82.89 | -476.31 | -16.14 | -0.52 |
| Diluted EPS YoY | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
| net % | -4,902.3% | -722.6% | -528.5% | -180.7% | -480.0% | -898.8% | -1,922.6% | -202.1% |
| Free cash flow | -10.0 m | -11.1 m | -9.9 m | -11.6 m | -17.6 m | -14.9 m | -17.6 m | -24.0 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 2.0 m USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 238.0 m USD
- Total assets
- 274.7 m USD
- Debt / equity
- unavailable
- Current ratio
- 5.32x
- ROE
- -48.8%
- ROA
- -42.1%
- FCF margin
- -61.4%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 2.4 m | 6.5 m | 3.4 m | 2.1 m | 2.7 m | 39.1 m | SEC (XBRL)· 18 Mar 2026verified |
| Cost of revenue | 2.0 m | 4.7 m | 3.0 m | 5.5 m | 2.3 m | 8.7 m | SEC (XBRL)· 18 Mar 2026verified |
| Gross profit | 427.0 k | 1.9 m | 395.0 k | -3.5 m | 376.0 k | 30.4 m | SEC (XBRL)· 18 Mar 2026verified |
| Research & development | 4.6 m | 5.2 m | 7.1 m | 7.5 m | 7.8 m | 16.5 m | SEC (XBRL)· 18 Mar 2026verified |
| Operating income | -11.3 m | -11.5 m | -18.0 m | -21.5 m | -21.1 m | -32.5 m | SEC (XBRL)· 18 Mar 2026verified |
| Depreciation & amortisation | 66.0 k | 79.0 k | 122.0 k | 98.0 k | 70.0 k | 10.3 m | SEC (XBRL)· 18 Mar 2026verified |
| EBITDA | -11.2 m ≈ | -11.4 m ≈ | -17.9 m ≈ | -21.4 m ≈ | -21.1 m ≈ | -22.1 m ≈ | SEC (XBRL)· 18 Mar 2026derived |
| Interest expense | 1.4 m | 9.0 k | 898.0 k | 932.0 k | 1.3 m | 20.0 m | SEC (XBRL)· 18 Mar 2026verified |
| Pre-tax income | -12.7 m | -11.8 m | -16.1 m | -18.7 m | -51.4 m | -79.0 m | SEC (XBRL)· 18 Mar 2026verified |
| Income tax | 3.0 k | 2.0 k | 2.0 k | 4.0 k | 0 | 5.0 k | SEC (XBRL)· 18 Mar 2026verified |
| Net income | -12.7 m | -11.8 m | -16.2 m | -18.7 m | -51.4 m | -79.0 m | SEC (XBRL)· 18 Mar 2026verified |
| Diluted EPS | -2.47 | -105.20 | -82.89 | -476.31 | -16.14 | -0.52 | SEC (XBRL)· 18 Mar 2026verified |
| Weighted average diluted shares | 5.2 m | 124.0 k | 194.9 k | 52.7 k | 4.2 m | 152.6 m | SEC (XBRL)· 18 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 7.4 m | 13.1 m | 2.9 m | 411.0 k | 3.3 m | 2.0 m | SEC (XBRL)· 18 Mar 2026verified |
| Receivables | 85.0 k | 214.0 k | 273.0 k | 294.0 k | 349.0 k | 888.0 k | SEC (XBRL)· 18 Mar 2026verified |
| Inventories | 2.7 m | 4.8 m | 7.1 m | 2.7 m | 1.6 m | 636.0 k | SEC (XBRL)· 18 Mar 2026verified |
| Current assets | 11.1 m | 19.2 m | 11.1 m | 4.1 m | 6.4 m | 142.9 m | SEC (XBRL)· 18 Mar 2026verified |
| Property, plant & equipment, net | 142.0 k | 162.0 k | 174.0 k | 93.0 k | 58.0 k | 606.0 k | SEC (XBRL)· 18 Mar 2026verified |
| Goodwill | — | — | — | — | — | 19.1 m | SEC (XBRL)· 18 Mar 2026verified |
| Intangibles (excl. goodwill) | — | — | — | — | 92.6 m | 94.8 m | SEC (XBRL)· 18 Mar 2026verified |
| Total assets | 11.3 m | 19.4 m | 11.5 m | 4.8 m | 100.6 m | 274.7 m | SEC (XBRL)· 18 Mar 2026verified |
| Accounts payable | 672.0 k | 1.5 m | 2.0 m | 2.3 m | 2.8 m | 10.8 m | SEC (XBRL)· 18 Mar 2026verified |
| Short-term debt | 179.0 k | — | — | — | — | — | SEC (XBRL)· 16 Mar 2021verified |
| Long-term debt | 668.0 k | — | — | — | — | — | SEC (XBRL)· 16 Mar 2021verified |
| Current liabilities | 2.3 m | 3.0 m | 3.7 m | 3.6 m | 4.1 m | 26.9 m | SEC (XBRL)· 18 Mar 2026verified |
| Total liabilities | 3.4 m | 3.0 m | 13.4 m | 9.7 m | 14.9 m | 36.7 m | SEC (XBRL)· 18 Mar 2026verified |
| Equity | 7.3 m † | 16.4 m † | -2.0 m † | -5.2 m † | 85.7 m † | 238.0 m † | SEC (XBRL)· 18 Mar 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -9.9 m | -11.5 m | -17.5 m | -14.8 m | -17.5 m | -23.6 m | SEC (XBRL)· 18 Mar 2026verified |
| Capex | 52.0 k | 99.0 k | 43.0 k | 50.0 k | 35.0 k | 380.0 k | SEC (XBRL)· 18 Mar 2026verified |
| Free cash flow | -9.9 m ≈ | -11.6 m ≈ | -17.6 m ≈ | -14.9 m ≈ | -17.6 m ≈ | -24.0 m ≈ | SEC (XBRL)· 18 Mar 2026derived |
| Investing cash flow | -52.0 k | -99.0 k | -43.0 k | -50.0 k | -1.6 m | -7.9 m | SEC (XBRL)· 18 Mar 2026verified |
| Financing cash flow | 17.0 m | 17.3 m | 7.3 m | 12.4 m | 22.0 m | 30.2 m | SEC (XBRL)· 18 Mar 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 5 of at least 6
- score weight coverage: 33.3% of at least 60%
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 65.5 m USD
Key indicators
Coverage and freshness
Score by group
33% · Insufficient data
Estimated value range
unavailable — no valuation method could be computed
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
- DCF (discounted cash flow)unavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/Eunavailable · the base of the ratio is not positive
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
no valuation method could be computed
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 5 of at least 6; score weight coverage: 33.3% of at least 60%; valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | -370.2% | 0 (vs peers) | 19% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | 126.5% | 100 (on a fixed band) | 25% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | -14.2x | 0 (on a fixed band) | 19% |
| Current ratio · Balance sheet | 4.9x | 100 (on a fixed band) | 13% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | -139.9% | 0 (on a fixed band) | 25% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet40/100 · 2/3 factors with a value
- Growth· partial100/100 · 1/2 factors with a value
- Quality· partial0/100 · 1/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partial0/100 · 1/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Datavault AI Inc. (DVLT). Latest full fiscal year: 2025; data up to 2026-06-30.
Figures computed from the financial statements: revenue 39.1 m USD in 2025; YoY growth 1,361.8%; net margin -370.2%; ROE -108.4%.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (indicators available: 5 of at least 6; score weight coverage: 33.3% of at least 60%; valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Revenue CAGR 3Y: 126.5%
- Current ratio: 4.9x
What contradicts it
- Net margin: -370.2%
- Interest coverage: -14.2x
- FCF yield: -139.9%
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, EPS CAGR 3Y, Net debt / EBITDA, P/E (TTM), EV/EBITDA, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Services-Business Services, NEC (SIC 7389) · same industry (4-digit SIC) · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| BABAAlibaba Group Holding Ltd | 195.6 bn | 131.6 | 10.3% | 10.1% | +8.1% | −33% / +41% |
| UBERUber Technologies, Inc. | 142.7 bn | 41.3 | 12.4% | 6.1% | +18.3% | −20% / +24% |
| MELIMercadoLibre, Inc. | 88.2 bn | 47.3 | 27.5% | 5.3% | +39.1% | −16% / +7% |
| EBAYeBay Inc. | 54.9 bn | 27.2 | 46.6% | 16.9% | +7.9% | +51% / +205% |
| PYPLPayPal Holdings, Inc. | 50.0 bn | 11.5 | 23.8% | 13.8% | +4.3% | −4% / +4% |
| MSCIMsci Inc. | 48.2 bn | 35.7 | — | 40.3% | +9.7% | +20% / +29% |
| FISVFiserv, Inc. | 33.0 bn | — | -17.0% | -18.9% | +3.6% | +1% / −52% |
| CPAYCorpay, Inc | 27.5 bn | 25.4 | 30.5% | 22.7% | +13.9% | +42% / +74% |
| GPNGlobal Payments Inc. | 25.4 bn | — | -4.1% | -9.1% | −0.4% | +27% / −17% |
| BRBroadridge Financial Solutions, Inc. | 21.4 bn | 20.9 | 40.2% | 13.9% | +8.5% | −17% / −2% |
| RBARB Global, Inc | 17.6 bn | 39.9 | 8.8% | 10.0% | +7.2% | −3% / +49% |
| FISFidelity National Information Services, Inc. | 15.3 bn | 4.4 | 23.0% | 26.8% | +5.4% | −55% / −49% |
| FICOFair Isaac Corp | 15.1 bn | 20.3 | — | 34.1% | +15.9% | −61% / −36% |
| CSGPCoStar Group, Inc. | 13.1 bn | 74.3 | 2.2% | 4.9% | +18.7% | −53% / −61% |
| HQYHealthequity, Inc. | 9.0 bn | 39.4 | 11.4% | 17.4% | +9.5% | +3% / +62% |
| WEXWEX Inc. | 5.9 bn | 15.5 | 35.6% | 14.0% | +1.2% | +21% / +2% |
| ALITAlight, Inc. | 5.7 bn | — | -67.9% | -46.0% | −3.0% | −72% / −92% |
| XMTRXometry, Inc. | 5.2 bn | — | -3.9% | -2.0% | +25.9% | +94% / +364% |
| CBZCBIZ, Inc. | 3.0 bn | 25.8 | 6.8% | 4.6% | +52.1% | −0% / +6% |
| FLYWFlywire Corporation | 2.7 bn | 36.3 | 9.1% | 10.3% | +26.6% | +56% / −6% |
| AHGAkso Health Group | 2.2 bn | 133.0 | -9.8% | -135.0% | −6.4% | −11% / +56% |
| PAYSPaysign, Inc. | 863.9 m | 58.4 | 30.8% | 15.7% | +40.5% | +194% / +551% |
| PHRPhreesia, Inc. | 818.1 m | 77.1 | 3.1% | 2.1% | +14.5% | −36% / −14% |
| CASSCass Information Systems, Inc. | 704.1 m | 18.9 | 16.3% | 18.9% | +5.3% | +31% / +33% |
| PSFEPaysafe Ltd | 339.5 m | — | -23.8% | -10.7% | −0.2% | −15% / −35% |
1- and 3-year price returns: for DVLT from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Datavault AI is a company that licenses and commercializes software platforms for managing, valuing and monetizing data and real-world assets, combining artificial intelligence, blockchain and audio technologies. Interest in the company is rising as it moves from building technology to commercial execution, with revenue of 6.7 million USD in the second quarter of 2026 2 and a target of at least 200 million USD for 2026 3.
SWOT
Strengths
- Patent portfolio and secure technologies, with market positions protected by intellectual property 1.
- Rapid revenue growth and integration of acquisitions with a visible contribution in recent reports 2.
- Partner ecosystem in AI, identity and payments that could accelerate the launch of the platform 3.
Weaknesses
Opportunities
Risks
- Dependence on large customershigh
A small number of customers account for a significant part of revenue, and losing one could have a material adverse effect 1.
- Need for financinghigh
The company cites near-term financing needs for operations, and a lack of capital could force reductions in activity 1.
- Acquisition integration riskmedium
Acquisitions and their integration could face difficulties and could dilute value for stockholders 1.
- Volatility of crypto assetsmedium
The value of crypto holdings can fall sharply, and these assets are less liquid than cash 1.
- Regulatory frameworklow
Laws on privacy, data and commerce can change or be interpreted differently, which could lead to litigation 1.
Investment thesis
What would need to be true (bull case)
- If the exchange launches and infrastructure expansion are carried out in 2026, revenue could rise considerably from current levels 3.
- The patent portfolio and the integration of AI, identity and payments technologies could provide a durable competitive advantage 1.
- Acquisitions in events and media could generate recurring revenue and useful data for the monetization platform 2.
What would break the thesis
What to watch
- Achievement of the target of at least 200 million USD revenue for 20262026
- Launch of IDE exchanges and conversion of contracts into recognized revenuesecond half 2026
- Completion of the CyberCatch Holdings acquisition and integration into SanQtumnext 10-Q
- Evolution of financing and liquidity, including near-term capital needsnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Datavault AI Inc. presents itself as a technology licensing company that owns a portfolio of patented, secure platforms designed to manage, value and monetize data 1. Its activity is organized in two divisions, Data Sciences and Acoustic Sciences, which management considers key drivers of future revenue growth 1. In 2026 the company continued to expand its infrastructure, including the NYIAX acquisition and an agreement to acquire CyberCatch Holdings, which could strengthen the platform if integration succeeds 3.
Revenue rose from 2.7 million USD in 2024 to 39.1 million USD in 2025, an increase attributed mainly to patent license revenue from two customers and the CSI acquisition 1. However, growth was highly concentrated: Vivasor accounted for 51% of net revenue in 2025 1. The company reports losses since inception, with an accumulated deficit of about 377.4 million USD as of December 31, 2025 1.
During the first half of 2026 the CSI and API Media acquisitions contributed significantly to revenue, according to the quarterly report 2. The company has moved into an execution phase, focusing on launching exchanges, scaling SanQtum and converting contracted opportunities into recognized revenue 3. It remains to be seen whether this transition will support the announced growth.
Segments
Data Sciences
The Data Sciences division develops the Data Vault platform and information exchanges, with valuation technologies such as DataScore and DataValue, run on IBM watsonx.ai infrastructure 1. The company held 46 issued U.S. patents as of March 17, 2026 1. According to the August 2026 release, this is also where planned launches are focused 3.
Acoustic Sciences
The Acoustic Sciences division combines WiSA and ADIO technologies for wireless audio and data-over-sound transmission, with customers in consumer electronics 1. Through the CSI and API Media acquisitions, the division also includes live event businesses that provide recurring revenue and a real-world environment for testing technologies 2.
Market context
Datavault operates in the Web 3.0 ecosystem, defined by decentralization and user control over data and identity 1. According to Market Research Future, cited in the annual report, the global Web 3.0 blockchain market was valued at 6.6 billion USD in 2024 and could reach 353.31 billion USD by 2035 1. Other research firms' estimates are more modest, and figures differ by methodology 1.
The data market is highly competitive and evolving rapidly, and the company competes with home-grown and open-source technologies as well as with larger firms that have greater financial and commercial resources 1. Demand for post-quantum security and tokenized assets could support interest in the company's platform, but that demand remains uncertain 3.
Trends
- Growing demand for secure and compliant datatailwind
Demand for managing and monetizing data in a compliant and private way is growing, which could favor platforms that avoid moving client data 1.
- Tokenization of real-world assetstailwind
Interest in tokenizing real-world assets and in rights to compute capacity could open new markets for the company's exchanges 3.
- Regulation and uncertainty in crypto assetsheadwind
The lack of comprehensive regulation of crypto trading platforms and price volatility could affect the value of digital assets held by the company 1.
- Integration of acquisitions and infrastructuremixed
Integrating the CSI, API Media and NYIAX acquisitions could bring synergies, but may also create operational and management challenges 2.
Competitive position
The company states that the data market is intensely competitive, with established firms holding greater financial, technological and brand resources 1. It also competes with home-grown and open-source solutions, and new entrants are expected to continue arriving 1.
In tokenization and asset exchange, competition includes fintech and blockchain platforms that Datavault engages through partnerships and acquisitions 3. The company's advantage could come from its patent portfolio and technology integration, but this depends on execution 1.
- Large established data and cloud firms
Large data companies with broader financial and commercial resources, cited as general competition in the annual report 1.
- Tokenization and blockchain platforms
Startups and blockchain platforms active in asset tokenization, referred to as part of the competitive market 1.
- Home-grown and open-source solutions
Technologies built in-house by customers or available as open source, which compete with the company's platforms 1.
- Identity and payments providers for fintech
Partners and competitors in identity verification and payments within the tokenization ecosystem the company describes 3.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
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News & filings
In the press
- Datavault AI Stock Jumped More Than 10% After a Tokenization Deal. What This Means for DVLT.Yahoo Finance — News · 18 Sept 2026 · EN
- Datavault AI responds to shareholder securities lawsuit and short-seller disputeYahoo Finance — News · 09 Sept 2026 · EN
- Datavault AI Sets September 15 Launch for Three Exchange Platforms as Commercial Phase BeginsYahoo Finance — News · 08 Sept 2026 · EN
- DataVault AI (DVLT) Q2 2026 Earnings Call TranscriptYahoo Finance — News · 26 Aug 2026 · EN
The latest news item in our archive is from 18 Sept 2026; the newest SEC filing is from 26 Oct 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Current report26 Oct 2026Non-reliance on financial statements · Financial statements and exhibits
- Current report15 Oct 2026Departure or appointment of officers · Regulation FD disclosure · Financial statements and exhibits
- Current report15 Oct 2026Material agreement · Financial statements and exhibits
- Current report06 Oct 2026Departure or appointment of officers · Regulation FD disclosure · Financial statements and exhibits
- Current report25 Aug 2026Delisting notice
- Current report19 Aug 2026Material agreement · Acquisition or disposition of assets · Item 3.02 · Other events · Financial statements and exhibits
- Current report19 Aug 2026Material agreement · Item 3.02 · Other events · Financial statements and exhibits
- Quarterly report19 Aug 2026
- Current report19 Aug 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report19 Aug 2026Material agreement · Creation of a direct financial obligation · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Datavault AI Inc. · 18 Mar 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Datavault AI Inc. · 19 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Datavault AI Inc. · 19 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.