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Veea (VEEA) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 12, 2026 · Veea (VEEA) Q2 2026 earnings results →
Q2 2026 Revenue up 142% year over year to $176K
Veea made $176K in Q2 2026 (+142% Y/Y). Operating margin n/m, net loss $4.0M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 12, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $176K in Q2 2026, up 142% year over year and down 2% from the previous quarter.
Gross margin was 78.0%, down 15.7 points from Q2 2025. Operating costs exceeded revenue by $7.1M, an operating margin of -4054.5%. Operating expenses grew 46% against revenue growth of 142%. The fastest-growing cost line was Sales & marketing (+265%). The quarter ended with a net loss of $4.0M, narrower than the previous quarter's $4.7M loss. Non-operating items added $3.1M, -77% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$5.9M. Non-cash charges added back $208K of depreciation and amortization and $773K of share-based compensation. Working capital and other items used $2.9M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 12, 2026 | $176K | +142% | n/m | −$4.0M | −$5.9M |
| Q1 2026 | 10-Q | May 15, 2026 | $180K | 13× | n/m | −$4.7M | −$5.2M |
| Q3 2025 | 10-Q | Nov 14, 2025 | $145K | +186% | n/m | $1.4M | −$4.4M |
| Q2 2025 | 10-Q | Aug 19, 2025 | $73K | +79% | n/m | −$7.4M | −$3.4M |
| Q1 2025 | 10-Q | May 21, 2025 | $14K | -15% | n/m | $4.3M | −$3.7M |
| Q4 2024 | 10-K | Apr 15, 2025 | $33K | +5% | n/m | −$927K | −$5.8M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Veea
We were originally incorporated under the name “Plum Acquisition Corp. I.” as a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. As discussed in this Annual Report, we completed the Business Combination on September 13, 2024, and changed our name to “Veea Inc.” We are dedicated to simplifying the journey towards creating a world in which virtually everyone and everything is intelligently connected, while bringing applications and AI to the edge of the network. Most service providers, equipment suppliers, system integrators and even hyperscalers have adopted or advocated for similar solutions to various degrees either independently or in collaboration with the Company.
In its own words, from its 10-K, filed Apr 15, 2026.
Veea against its Services-Computer Integrated Systems Design peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +142% against the peers' median +4%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| VEEA Veea | Q2 2026 | $176K | +142% | n/m |
| LDOS Leidos Holdings | Q3 2026 | $4.6B | +4% | 11.9% |
| KD Kyndryl Holdings | Q2 FY27 | $3.7B | -2% | 3.1% |
| CACI CACI International | Q3 2026 | $2.5B | +8% | 10.0% |
| SAIC Science Applications International | Q2 FY27 | $1.9B | +6% | 8.1% |
| PSN Parsons | Q3 2026 | $1.7B | +2% | 6.3% |
| GDDY GoDaddy | Q3 2026 | $1.3B | +6% | 27.0% |
| OTEX Open Text | Q1 FY27 | $1.2B | -4% | 20.3% |
| LAWIL Light & Wonder | Q3 2026 | $824M | -2% | 29.4% |
Source: Veea 10-Q on SEC EDGAR · CIK 1840317 · Services-Computer Integrated Systems Design
More on VEEA
History
Every quarter: Q2 2026 results · Q1 2026 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results