Saturday 17 October 2026
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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. In the quarter to June 2026, revenue grew 141.7%, EPS grew 57.9%, free cash flow fell 77.6% and total debt fell 46.3%, each against the same quarter a year earlier.
4.21
0.63
−13.02%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | 192.72 | 193.20 | 201.40 | 42.70 | 7.82 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | 200.00 | 206.00 | 237.60 | 371.20 | 81.20 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | 3 | 3 | 2 | 45 | 45 | ||||
| Revenue/emp, $m | — | — | — | — | — | 0.00 | 0.00 | 4.54 | 0.00 | 0.00 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | — | 9 | 0 | 0 | ||||
| Gross margin, % | — | — | — | — | — | — | — | 94.85 | 41.26 | 68.47 | |||||
| EBT | — | — | — | — | — | 7 | 11 | (16) | (48) | (7) | |||||
| EBT margin, % | — | — | — | — | — | 0.00 | 0.00 | (172.38) | (33,531.59) | (3,000.00) | |||||
| Net income | — | 0 | — | — | — | 7 | 11 | (16) | (48) | (7) | |||||
| Depreciation | — | — | — | — | — | — | — | 4 | 1 | 2 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | 0.00 | 0.00 | 11.23 | 0.11 | 0.10 | ||||
| Earnings | — | — | — | — | — | 16.84 | 26.51 | (19.36) | (37.60) | (3.20) | |||||
| Cash flow | — | — | — | — | — | (5.46) | (2.56) | (15.66) | (20.27) | (7.11) | |||||
| Capex | — | — | — | — | — | 0.00 | 0.00 | (0.19) | (0.21) | (0.12) | |||||
| Free cash flow | — | — | — | — | — | (5.46) | (2.56) | (15.85) | (20.48) | (7.23) | |||||
| Book value | — | — | — | — | — | (54.10) | (38.34) | (14.20) | (13.48) | (4.56) | |||||
| Shares, m | — | — | — | — | — | 0 | 0 | 1 | 1 | 2 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | ||||
| P/S | — | — | — | — | — | — | — | 0.00 | 678.65 | 122.83 | |||||
| P/B | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | |||||
| EV/Sales | — | — | — | — | — | — | — | 0.00 | 782.39 | 206.25 | |||||
| EV/FCF | — | — | — | — | — | — | — | (14.09) | (4.29) | (2.96) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | (2) | (1) | (13) | (26) | (15) | ||||
| Capex | — | — | — | — | — | — | — | 0 | 0 | 0 | |||||
| Free cash flow | — | — | — | — | — | (2) | (1) | (13) | (26) | (15) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | (1) | (4) | (18) | (5) | (16) | ||||
| Total debt | — | — | — | — | — | — | 1 | 9 | 16 | 18 | |||||
| Net debt | — | — | — | — | — | 0 | 1 | 3 | 15 | 18 | |||||
| Shareholders’ equity | — | — | — | — | — | (21) | (15) | (11) | (17) | (10) | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | 4.12 | 3.29 | (9.07) | (226.79) | (27.01) | ||||
| ROIC | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | (141.32) | |||||
| ROE | — | — | — | — | — | 0.00 | (58.00) | 116.86 | 333.76 | 49.74 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
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 | $30.3M | 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 | $23.5M | — (loss-making) | — (loss-making) | −40.53% (below 0%: shrinking) | n/m | — | 0.00% | 0.00% | Compare |
| BDAI Biddance AI Systems, Inc. | $21.8M | — | — | — | — | −518.36% (below 0%: shrinking) | — | — | Compare |
| VEEA Veea Inc. | $15.1M | — (loss-making) | — | +141.70% (above 0%: growing) | n/m | −77.61% (below 0%: shrinking) | 77.98% | (4,054.99%) | |
| GMM Global Mofy AI Limited | $12.1M | — | — | — | — | +56.29% (above 0%: growing) | — | — | Compare |
| SLAI SOLAI Limited | $10.2M | — (loss-making) | — (loss-making) | +104.38% (above 0%: growing) | n/m | +78.01% (above 0%: growing) | (33.47%) | (86.31%) | Compare |
| GLE Global Engine Group Holding Limited | $9.4M | — | — | — | — | −499.14% (below 0%: shrinking) | — | — | Compare |
| CYCU Cycurion, Inc. | $8.0M | 0.1× | — (loss-making) | −3.36% (below 0%: shrinking) | n/m | +8.59% (above 0%: growing) | 29.10% | (50.16%) | Compare |
| DTST Data Storage Corp. | $7.6M | 1.5× | — (loss-making) | +9.30% (above 0%: growing) | n/m | −332.80% (below 0%: shrinking) | 47.00% | (357.63%) | Compare |
| Median of peers | $11.2M | 1.5× | — | +8.64% | — | +8.59% | 21.77% | (50.16%) |
Veea Inc. (VEEA) key facts
- Strength: Veea Inc.’s revenue for fiscal 2025 (year ended December 2025) was $222,000.00, up 56.6% from fiscal 2024.
- Veea Inc. (VEEA) is an Information Technology Services company in the Technology sector, listed on Nasdaq.
- As of October 16, 2026, VEEA traded at $4.21, a market capitalization of $15.1 million.
- Return on equity was 49.7% and debt-to-equity 1.23.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is −13.59 (distress zone) for fiscal 2025.