Veea (VEEAW) Gross Margin (2023 - 2026)
Veea's (VEEAW) quarterly Gross Margin came in at 77.96% in Q2 2026, down 1575.0% year-over-year from 5.29% in Q2 2025, and down 10.84% quarter-over-quarter from 87.44% in Q1 2026.
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Veea (VEEAW) Gross Margin (2023 - 2026) Analysis & Trends
Veea has disclosed Gross Margin across 4 years of filings, most recently posting 77.96% for Q2 2026.
- In Q2 2026, Gross Margin fell 1575.0% year-over-year to 77.96%; the TTM figure through Jun 2026 stood at 74.3% (up 786.0% YoY), while the FY2025 annual figure was 68.48%, up 2723.0% from the prior year.
- Gross Margin came in at 77.96% for Q2 2026 at Veea, down from 87.44% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 217.36% in Q4 2025 to a low of 1220.82% in Q4 2023.
- Average Gross Margin over 4 years is 35.03%, with a median of 66.92% recorded in 2025.
- The largest YoY upside for Gross Margin was 124439 bps in 2024 against a maximum downside of 2932 bps in 2024.
- Over 4 years, Gross Margin stood at 1220.82% in 2023, then soared by 102 bps to 23.56% in 2024, then soared by 822 bps to 217.36% in 2025, then sank by 64 bps to 77.96% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 77.96% in Q2 2026, 87.44% in Q1 2026, and 217.36% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 432.32 Bn | 416.40 Bn | 11.06 Bn | 64.13% |
| 2 | Ciena | 47.91 Bn | 45.28 Bn | 759.27 Mn | 45.43% |
| 3 | Ericsson Lm Telephone | 33.55 Bn | 28.39 Bn | 2.58 Bn | 45.78% |
| 4 | Ubiquiti | 31.41 Bn | 30.80 Bn | 429.25 Mn | 45.80% |
| 5 | Applied Optoelectronics | 8.80 Bn | 8.30 Bn | 53.21 Mn | 27.72% |
| 6 | Amdocs | 6.66 Bn | 6.45 Bn | 467.16 Mn | 39.76% |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 62.17% |
| 8 | Digi International | 2.60 Bn | 2.57 Bn | 89.93 Mn | 64.85% |
| 9 | Nextnav | 2.21 Bn | 2.21 Bn | -905,000.00 | -78.70% |
| 10 | Veea | 71,929.32 | -1.12 Mn | 137,383.00 | 77.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.96% |
| Mar 31, 2026 | 87.44% |
| Dec 31, 2025 | 217.36% |
| Sep 30, 2025 | 63.43% |
| Jun 30, 2025 | 93.71% |
| Mar 31, 2025 | 13.55% |
| Dec 31, 2024 | 23.56% |
| Sep 30, 2024 | 70.41% |
| Jun 30, 2024 | 24.76% |
| Mar 31, 2024 | 28.54% |
| Dec 31, 2023 | -1,220.82% |
| Sep 30, 2023 | 99.73% |