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Veea (VEEA) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 19, 2025

Veea (VEEA) reported revenue of $73K for the second quarter 2025 (Q2 2025), +79% from a year earlier and +411% from the quarter before.

Revenue$73K
Year over year+79%
Quarter over quarter+411%
Operating margin—
Net earnings−$7.4M

Veea, Q2 2025: revenue $73K (+79% year over year), net loss $7.4M, operating cash flow −$3.4M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$73K+411%+79%
Operating profit−$4.9M——
Net earnings−$7.4M-272%—
Operating cash flow−$3.4M——

What changed

Revenue was $73K in Q2 2025, up 79% year over year and up 411% from the previous quarter.

Gross margin was 93.7%, up 68.9 points from a year earlier. Operating costs exceeded revenue by $4.9M, an operating margin of -6747.8%. Operating expenses fell 27% while revenue rose 79%. The fastest-growing cost line was Other operating costs (+111%). The quarter ended with a net loss of $7.4M, after a profit of $4.3M the previous quarter.

Operating cash flow was −$3.4M. Non-cash charges added back $145K of depreciation and amortization and $390K of share-based compensation. Working capital and other items added $3.5M.

Questions

What was Veea's revenue in the second quarter 2025?

Veea (VEEA) reported revenue of $73K for the second quarter 2025 (Q2 2025), +79% from a year earlier and +411% from the quarter before.

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Source: Veea 10-Q on SEC EDGAR.