Filing Flows › Veea (VEEA) › Q3 2025
Veea (VEEA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 14, 2025
Veea (VEEA) reported revenue of $145K for the third quarter 2025 (Q3 2025), +186% from a year earlier and +99% from the quarter before.
Veea, Q3 2025: revenue $145K (+186% year over year), net earnings $1.4M, operating cash flow −$4.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $145K | +99% | +186% |
| Operating profit | −$4.7M | — | — |
| Net earnings | $1.4M | — | — |
| Operating cash flow | −$4.4M | — | — |
What changed
Revenue was $145K in Q3 2025, up 186% year over year and up 99% from the previous quarter.
Gross margin was 63.4%, down 7.0 points from a year earlier. Operating costs exceeded revenue by $4.7M, an operating margin of -3217.3%. Operating expenses fell 92% while revenue rose 186%. The fastest-growing cost line was General & admin (+127%). Net earnings were $1.4M. The effective tax rate was 0.0%. Non-operating items added $6.0M, 439% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$4.4M. Non-cash charges added back $216K of depreciation and amortization and $319K of share-based compensation. Working capital and other items used $6.4M.
Questions
What was Veea's revenue in the third quarter 2025?
Veea (VEEA) reported revenue of $145K for the third quarter 2025 (Q3 2025), +186% from a year earlier and +99% from the quarter before.
Source: Veea 10-Q on SEC EDGAR.