Veea Inc. (VEEA) Financial Statements
Industry: Computer Integrated Systems Design (Services)
In fiscal 2025, Veea reported revenue of $222,018, up 56.6% from $141,760 the year before. Net income was -$6.7M (a -2999.8% net margin), or -$3.20 per diluted share. Gross margin was 68.5% and operating margin was -8483.7%. Operating activities generated -$15.2M of cash, leaving -$15.2M of free cash flow. At fiscal year end, Veea held $28.2M in total assets against $38.0M in total liabilities.
Open the full interactive Veea financials → Quarterly statements, key ratios, valuation history and price charts.
Veea Key Stats
| Share Price | $5.20 |
|---|---|
| Market Cap | $13.5M |
| Revenue YoY Growth | +56.6% |
| 52-Week Range | $1.56 – $18.46 |
| Shares Outstanding | 2.6 million (basic, 2026 Q2) |
Veea Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $141,760 | $222,018 |
| Cost of Goods Sold | $0 | $0 | $3.1M | $83,290 | $69,981 |
| Gross Profit | $0 | $0 | -$3.1M | $58,470 | $152,037 |
| Operating Income | -$2.9M | -$4.1M | -$3.1M | -$84.1M | -$18.8M |
| Pre-Tax Income | $6.6M | $10.6M | -$34,727 | -$47.5M | -$6.7M |
| Income Tax | — | — | — | $15,325 | $670 |
| Net Income | $6.6M | $10.6M | -$34,727 | -$47.5M | -$6.7M |
| Diluted EPS | $5.10 | $5.40 | -$0.07 | -$37.60 | -$3.20 |
Veea Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $144,926 | — | $180,417 | $176,221 |
| Net Income | $1.4M | -$4.9M | -$4.7M | -$4.0M |
| Diluted EPS | $0.60 | -$0.12 | -$1.80 | -$1.60 |
Veea Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $107,224 | — | $94,703 | $1.7M | — |
| Current Assets | $450,854 | $130,032 | $145,556 | $14.9M | $15.6M |
| Total Assets | $319.7M | $324.0M | $35.7M | $21.1M | $28.2M |
| Current Liabilities | $1.2M | $3.9M | $7.7M | $20.1M | $31.8M |
| Total Long-Term Debt | — | — | — | $12.8M | $1.8M |
| Total Liabilities | $21.7M | $15.4M | $9.4M | $38.1M | $38.0M |
| Shareholders' Equity | -$21.2M | -$15.3M | -$9.2M | -$17.0M | -$9.8M |
Veea Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$2.1M | -$1.0M | -$1.1M | -$25.6M | -$15.2M |
| Cash From Investing | -$319.2M | $0 | $293.1M | -$265,445 | -$247,337 |
| Cash From Financing | $321.5M | $1.0M | -$292.0M | $21.6M | $13.9M |
| Free Cash Flow | — | — | — | -$25.6M | -$15.2M |
Figures from Veea's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Veea financials page for every line item.
Veea Company Profile
| Ticker | VEEA |
|---|---|
| Exchange | Nasdaq |
| Industry | Computer Integrated Systems Design (Services) |
| Headquarters | New York, New York |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001840317 |
Frequently Asked Questions
What was Veea's revenue in fiscal 2025?
Veea (VEEA) reported revenue of $222,018 for fiscal 2025.
What is Veea's annual revenue history?
Veea's annual revenue by fiscal year: 2021: $0; 2022: $0; 2023: $0; 2024: $141,760; 2025: $222,018.
What was Veea's net income in fiscal 2025?
Veea reported net income of -$6.7M for fiscal 2025.
What was Veea's earnings per share (EPS) in fiscal 2025?
Veea's diluted EPS was -$3.20 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Veea generate in fiscal 2025?
Veea generated -$15.2M of free cash flow in fiscal 2025.
What was Veea's revenue last quarter?
In its most recent reported quarter (2026 Q2), Veea reported revenue of $176,221.
How much debt does Veea have?
Veea reported $1.8M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Veea are outstanding?
Veea reported a weighted average of 2.6 million basic shares outstanding in 2026 Q2.
What is Veea's market cap?
Based on its latest closing price, Veea (VEEA) has a market capitalization of about $13.5M.
When does Veea's fiscal year end?
Veea's fiscal year end, as registered with the SEC, is December 31.
Where is Veea headquartered?
Veea lists its business address in New York, New York in its SEC filings.