Saturday 7 November 2026
Export VEEA’s income statement to Excel — free account
Veea Inc.
VEEA Technology Information Technology Services
Veea Inc.’s revenue for fiscal 2025 (year ended December 2025) was $222,000.00, up 56.6% from fiscal 2024.
- Revenue
- +141.7%
- EPS
- +57.9%
- Free cash flow
- −77.6%
- Total debt
- −46.3%
Quarter to June 2026, against a year earlier
4.89
0.40
+8.91%
Follow VEEA
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | — | 9 | 0 | 0 | 0 | (84.4%) | — | — | — | — | |
| Gross margin, % | — | — | — | — | — | — | — | 94.85 | 41.26 | 68.47 | 76.70 | (26.4) pt | ||||||
| EBT | — | — | — | — | — | 7 | 11 | (16) | (48) | (7) | (12) | n/m | ||||||
| EBT margin, % | — | — | — | — | — | 0.00 | 0.00 | (172.38) | (33,531.59) | (3,000.00) | (2,492.29) | (3,000.0) pt | ||||||
| Net income | — | 0 | — | — | — | 7 | 11 | (16) | (48) | (7) | (12) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | 0.00 | 0.00 | 11.23 | 0.11 | 0.10 | 0.19 | n/m | |||||
| Earnings | — | — | — | — | — | 16.84 | 26.51 | (19.36) | (37.60) | (3.20) | (5.20) | n/m | ||||||
| Cash flow | — | — | — | — | — | (5.46) | (2.56) | (15.66) | (20.27) | (7.11) | (7.42) | +6.8% | ||||||
| Capex | — | — | — | — | — | 0.00 | 0.00 | (0.19) | (0.21) | (0.12) | (0.08) | n/m | ||||||
| Free cash flow | — | — | — | — | — | (5.46) | (2.56) | (15.85) | (20.48) | (7.23) | (7.50) | +7.3% | ||||||
| Book value | — | — | — | — | — | (54.10) | (38.34) | (14.20) | (13.48) | (4.56) | 3.10 | (46.1%) | ||||||
| Shares, m | — | — | — | — | — | 0 | 0 | 1 | 1 | 2 | 2 | +52.9% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | — | — | — | — | 0.00 | 678.65 | 122.92 | 25.87 | 267.2 | ||||||
| P/B | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 1.58 | 0.0 | ||||||
| EV/Sales | — | — | — | — | — | — | — | 0.00 | 782.39 | 206.35 | 44.18 | 329.6 | ||||||
| EV/FCF | — | — | — | — | — | — | — | (14.09) | (4.29) | (2.96) | (1.11) | (7.1) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | (2) | (1) | (13) | (26) | (15) | (19) | +63.4% | |||||
| Capex | — | — | — | — | — | — | — | 0 | 0 | 0 | 0 | +26.3% | ||||||
| Free cash flow | — | — | — | — | — | (2) | (1) | (13) | (26) | (15) | (20) | +64.0% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | (1) | (4) | (18) | (5) | (16) | 6 | +118.0% | |||||
| Net debt | — | — | — | — | — | 0 | 1 | 3 | 15 | 18 | 9 | n/m | ||||||
| Shareholders’ equity | — | — | — | — | — | (21) | (15) | (11) | (17) | (10) | 8 | (17.6%) | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | — | 4.12 | 3.29 | (9.07) | (226.79) | (27.01) | (41.74) | (31.1) pt | |||||
| ROIC | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | (141.32) | (74.50) | (141.3) pt | ||||||
| ROE | — | — | — | — | — | 0.00 | (58.00) | 116.86 | 333.76 | 49.74 | 849.96 | +49.7 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | 3 | 3 | 2 | 45 | 45 | — | +96.8% | |||||
| Revenue/emp, $m | — | — | — | — | — | 0.00 | 0.00 | 4.54 | 0.00 | 0.00 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Veea Inc. vs peers in Information Technology Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| CLPS CLPS Incorporation | $27.8M | 4.0× | 7.3× | +8.64% (above 0%: growing) | −150.00% (below 0%: shrinking) | +78.34% (above 0%: growing) | 21.77% | 0.00% | Compare |
| JFU 9F Inc. Sponsored ADR | $17.4M | — (loss-making) | — (loss-making) | −40.53% (below 0%: shrinking) | +72.22% (above 0%: growing) | — | 0.00% | 0.00% | Compare |
| BDAI Biddance AI Systems, Inc. | $16.9M | — | — | — | — | −518.36% (below 0%: shrinking) | — | — | Compare |
| VEEA Veea Inc. | $14.0M | — (loss-making) | — | +141.70% (above 0%: growing) | n/m | −77.61% (below 0%: shrinking) | 77.98% | (4,054.99%) | |
| SOAR SOAR AI, Inc. | $9.9M | 0.5× | — | −96.12% (below 0%: shrinking) | n/m | −153.91% (below 0%: shrinking) | 69.74% | (261.14%) | Compare |
| DCM DeFi Capital Markets, Inc. | $9.4M | — (loss-making) | 32.8× | −97.13% (below 0%: shrinking) | n/m | −112.17% (below 0%: shrinking) | 8.30% | (672.63%) | Compare |
| GMM Global Mofy AI Limited | $9.1M | — | — | — | — | +56.29% (above 0%: growing) | — | — | Compare |
| OPNW OpenWorld, Inc. | $7.7M | — (loss-making) | — (loss-making) | −57.79% (below 0%: shrinking) | n/m | −176.67% (below 0%: shrinking) | 53.51% | (29.14%) | Compare |
| CYCU Cycurion, Inc. | $7.2M | — (loss-making) | — (loss-making) | −3.36% (below 0%: shrinking) | n/m | +8.59% (above 0%: growing) | 29.10% | (50.16%) | Compare |
| Median of peers | $9.7M | — | — | −49.16% | — | −112.17% | 25.43% | (39.65%) |