Filing Flows › Veea (VEEA) › Q1 2026
Veea (VEEA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Veea (VEEA) reported revenue of $180K for the first quarter 2026 (Q1 2026), up 13-fold from a year earlier.
Veea, Q1 2026: revenue $180K (13× year over year), net loss $4.7M, operating cash flow −$5.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $180K | — | 13× |
| Operating profit | −$5.0M | — | — |
| Net earnings | −$4.7M | -440% | -209% |
| Operating cash flow | −$5.2M | — | — |
What changed
Revenue was $180K in Q1 2026, up 1165% year over year.
Gross margin was 87.4%, up 73.9 points from Q1 2025. Operating costs exceeded revenue by $5.0M, an operating margin of -2788.1%. Operating expenses fell 10% while revenue rose 1165%. The fastest-growing cost line was Other operating costs (+116%). The quarter ended with a net loss of $4.7M.
Operating cash flow was −$5.2M. Non-cash charges added back $205K of depreciation and amortization and $295K of share-based compensation. Working capital and other items used $1.0M.
Questions
What was Veea's revenue in the first quarter 2026?
Veea (VEEA) reported revenue of $180K for the first quarter 2026 (Q1 2026), up 13-fold from a year earlier.
Source: Veea 10-Q on SEC EDGAR.