Datavault AI (DVLT) Operating Expenses (2017 - 2026)
Datavault AI's Operating Expenses came in at $29.33 million for Q2 2026, up 134.8% from $12.49 million a year earlier but down 5.6% from the prior quarter.
Datavault AI (DVLT) Operating Expenses (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Datavault AI reported Operating Expenses of $101.28 million, up 197.7% year-over-year; for FY2025, it came in at $62.88 million, up 192.3% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 39.9% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $21.51 million in FY2024 (+19.5%), $18 million in FY2023 (-2.4%), $18.44 million in FY2022 (+37.9%) and $13.38 million in FY2021 (+14.2%).
- The five-year range for quarterly Operating Expenses is $3.42 million (Q3 2021) to $31.06 million (Q1 2026).
- Year-over-year, Operating Expenses has increased for nine consecutive quarters, with growth averaging 145.5% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2025 (growth of 297.2%), and the weakest in Q4 2023 (a decline of 19.2%).
- Business Quant data shows DVLT's Operating Expenses at $31.06 million (Q1 2026), $26.03 million (Q4 2025) and $14.85 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 2.13 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 1.13 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 953.90 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 1.30 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 875.89 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 499.67 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 534.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 4.17 Bn |
| 10 | Datavault AI | 136.71 Mn | 136.71 Mn | 2.88 Mn | 29.33 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.33 Mn |
| Mar 31, 2026 | 31.06 Mn |
| Dec 31, 2025 | 26.03 Mn |
| Sep 30, 2025 | 14.85 Mn |
| Jun 30, 2025 | 12.49 Mn |
| Mar 31, 2025 | 9.50 Mn |
| Dec 31, 2024 | 6.55 Mn |
| Sep 30, 2024 | 5.47 Mn |
| Jun 30, 2024 | 5.42 Mn |
| Mar 31, 2024 | 4.08 Mn |
| Dec 31, 2023 | 4.29 Mn |
| Sep 30, 2023 | 4.67 Mn |
| Jun 30, 2023 | 4.49 Mn |
| Mar 31, 2023 | 4.55 Mn |
| Dec 31, 2022 | 5.31 Mn |
| Sep 30, 2022 | 4.88 Mn |
| Jun 30, 2022 | 4.29 Mn |
| Mar 31, 2022 | 3.96 Mn |
| Dec 31, 2021 | 3.67 Mn |
| Sep 30, 2021 | 3.42 Mn |
Datavault AI Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=DVLT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "DVLT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=DVLT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();