Veea (VEEAW) EBIT (2021 - 2026)
Veea's (VEEAW) quarterly EBIT came in at -$7.1 million in Q2 2026, down 45.19% year-over-year from -$13.0 million in Q2 2025, and down 42.04% quarter-over-quarter from -$5.0 million in Q1 2026.
Analysis
Veea (VEEAW) EBIT (2021 - 2026) Analysis & Trends
Veea has disclosed EBIT across 6 years of filings, most recently posting -$7.1 million for Q2 2026.
- In Q2 2026, EBIT fell 45.19% year-over-year to -$7.1 million; the TTM figure through Jun 2026 stood at -$20.4 million (up 75.28% YoY), while the FY2025 annual figure was -$18.8 million, up 77.6% from the prior year.
- EBIT came in at -$7.1 million for Q2 2026 at Veea, down from -$5.0 million in the prior quarter.
- In the past five years, EBIT ranged from a high of $3.4 million in Q3 2023 to a low of -$57.5 million in Q3 2024.
- Average EBIT over 5 years is -$6.9 million, with a median of -$4.8 million recorded in 2025.
- Year-over-year, EBIT soared 629.73% in 2023 and tumbled 1814.66% in 2024.
- Over 5 years, EBIT stood at -$1.4 million in 2022, then tumbled by 271.02% to -$5.1 million in 2023, then tumbled by 175.78% to -$14.2 million in 2024, then jumped by 75.34% to -$3.5 million in 2025, then plunged by 104.05% to -$7.1 million in 2026.
- Per Business Quant data, the three most recent EBIT figures were -$7.1 million in Q2 2026, -$5.0 million in Q1 2026, and -$3.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 434.08 Bn | 418.16 Bn | 11.06 Bn | 4.26 Bn |
| 2 | Ciena | 48.45 Bn | 45.82 Bn | 759.27 Mn | 301.18 Mn |
| 3 | Ericsson Lm Telephone | 33.65 Bn | 28.49 Bn | 2.58 Bn | 4.53 Bn |
| 4 | Ubiquiti | 30.67 Bn | 30.06 Bn | 429.25 Mn | 340.00 Mn |
| 5 | Applied Optoelectronics | 9.03 Bn | 8.53 Bn | 53.21 Mn | -24.73 Mn |
| 6 | Amdocs | 6.65 Bn | 6.44 Bn | 467.16 Mn | 104.54 Mn |
| 7 | Extreme Networks | 2.87 Bn | 2.66 Bn | 210.49 Mn | 21.07 Mn |
| 8 | Digi International | 2.59 Bn | 2.57 Bn | 89.93 Mn | 22.90 Mn |
| 9 | Calix | 2.19 Bn | 2.00 Bn | 160.12 Mn | 21.85 Mn |
| 10 | Veea | 71,929.32 | -1.12 Mn | 137,383.00 | -7.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -7.14 Mn |
| Mar 31, 2026 | -5.03 Mn |
| Dec 31, 2025 | -3.50 Mn |
| Sep 30, 2025 | -4.70 Mn |
| Jun 30, 2025 | -4.92 Mn |
| Mar 31, 2025 | -5.80 Mn |
| Dec 31, 2024 | -14.20 Mn |
| Sep 30, 2024 | -57.50 Mn |
| Jun 30, 2024 | -6.84 Mn |
| Mar 31, 2024 | -6.09 Mn |
| Dec 31, 2023 | -5.15 Mn |
| Sep 30, 2023 | 3.35 Mn |
| Jun 30, 2023 | -578,954.00 |
| Mar 31, 2023 | -1.15 Mn |
| Dec 31, 2022 | -1.39 Mn |
| Sep 30, 2022 | -633,050.00 |
| Jun 30, 2022 | -1.54 Mn |
| Mar 31, 2022 | -509,076.00 |
| Dec 31, 2021 | -1.52 Mn |
| Sep 30, 2021 | -481,907.00 |