Datavault AI Inc. (DVLT) Earnings
Datavault AI Inc. is expected to report next earnings on November 13, 2026 (in NaN days), with a consensus EPS estimate of $-0.03. DVLT has beaten EPS estimates in 4 of its last 11 reported quarters (average surprise -158.5% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Aug 19, 2026 | $-0.03 | $-0.12 | -300.0% | $7M | -57.8% |
| May 15, 2026 | $-0.08 | $-0.05 | +37.5% | $3M | -82.4% |
| Mar 19, 2026 | $-0.09 | $-0.09 | +0.0% | $34M | +36.8% |
| Nov 14, 2025 | $-0.07 | $-0.33 | -371.4% | $3M | -50.3% |
| Aug 19, 2025 | $-0.07 | $-0.54 | -671.4% | $2M | -71.1% |
| May 14, 2025 | $-0.14 | $-0.18 | -28.6% | $629000 | +25.8% |
| Nov 15, 2024 | $-0.60 | $-1.39 | -131.7% | $1M | +80.3% |
| Aug 14, 2024 | $-0.90 | $-11.89 | -1228.9% | $345000 | -1.4% |
| May 20, 2024 | $-1.55 | $0.77 | +149.7% | $255000 | -57.5% |
| Nov 14, 2023 | $-117.75 | $-1.93 | +98.4% | $769000 | +39.8% |
| May 16, 2023 | $-353.50 | $-57.75 | +83.7% | $500000 | +0.0% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q2 FY2026 · August 19, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
### Strategic Platform Development & Partnerships - The company has built an AI-powered tokenization platform hosted on DataVault QPN (quantum private network), integrated with top third-party infrastructure: Fiserv for international clearing, Clear for KYC, and NASDAQ for trading infrastructure. Fiserv full integration is scheduled for mid-September 2026. - DataVault holds an exclusive tokenomics partnership with Available Networks, which is building the US's first quantum-ready AI supercompute network across 100+ cities and 1,000 locations. As part of Project Questrel, DataVault mints access tokens for the network, with a 50-50 revenue split between the two firms; the first $1 billion in tokens have been minted, and one Fortune 500 customer has already purchased tokens. ### Recent Acquisitions - Closed the acquisition of BankWise, a Wyoming-chartered special purpose depository institution, which will be renamed DataVault Bank. The bank will enable users to monetize their personal and business data assets directly from a dedicated bank account. - Signed a definitive all-cash agreement to acquire CyberCatch, a quantum-ready cybersecurity firm, with the deal expected to close in Q4 2026. CyberCatch software will be integrated into all DataVault products to protect customer digital assets. ### Exchanges & Licensing - DataVault plans to launch four core exchanges in mid-September 2026: the Information Data Exchange for systematic data monetization, the International Elements Exchange for tokenization of real-world assets (RWA) including rare earth and strategic minerals, the NIACs advertising exchange, and the American political exchange. - The company has licensed its tokenization technology to niche third-party operators: Silex for a biotech exchange, DataMeds for medical data monetization, and Vivisol for medical image and quantum scan monetization. A share swap with Vivisol was converted to $150 million in Phoenix Asia Holdings stock, strengthening the company's balance sheet. ### Intellectual Property & Synergy - DataVault holds over 100 foundational patents protecting its products across both divisions. The Acoustic Science Division's patents are foundational to an emerging industrial acoustics standard. - Management has decided not to spin off the acoustics business, as the two divisions have growing synergies aligned with the company's core value creation mission.
Guidance
- Management reaffirms full-year 2026 revenue guidance of $200 million, and maintains confidence in hitting this target. - A majority of the 2026 full-year revenue will be recognized in the second half of 2026, with a moderate revenue bump in Q3 2026 and very significant revenue growth expected in Q4 2026, following the mid-September exchange launch. - Management expects that the rapid growth in shares outstanding will abate after reaching ~1 billion shares outstanding in Q3 2026, as the majority of the company's planned acquisition activity has been completed. - No official 2027 revenue guidance has been issued, though management has stated long-term aspirations for high revenue growth next year.
Segment performance
DataVault AI reported total Q2 2026 revenue of $6.7 million, with the vast majority of revenue generated by the Acoustic Science Division. The Data Science Division contributed a smaller portion of Q2 revenue from early medical technology licensing deals. As of the end of Q2 2026, the Data Science Division has $213 million in contracted tokenization fees (100% of the $61 million in technology fees flow directly to DataVault, while the remaining $152 million in banking and licensing fees are split with investment banking partners). The Acoustic Science Division is supported by a strong foundational intellectual property portfolio and holds an emerging industrial standard position in its market, contributing over 90% of Q2 2026 total revenue.
Risks & headwinds
- Token revenue recognition is a new practice for auditors and US regulators, creating legal and regulatory uncertainty that requires careful compliance work and may impact revenue timing. - The company faces a NASDAQ listing requirement to maintain a share price above $1; while management has an exemption from the requirement through February 2027, failure to grow revenue and increase the share price by that date could force a reverse stock split or delisting. - The Clarity Act, expected to pass the US Senate in September 2026, is required to expand the company's strategic metals tokenization business; delayed or failed passage could limit growth in that segment.
Analyst Q&A
Q: What is the current status of the planned mid-September exchange launch, and is it dependent on passage of the Clarity Act? What work remains to be completed? /
A: All core exchange platform development is complete after over a year of work supported by IBM engineering investment. The only remaining task is final integration with Fiserv for direct bank/debit account connectivity, which is on track for completion by mid-September. The launch is not dependent on the Clarity Act; the Clarity Act will only expand capacity for the strategic metals exchange, while the core information and advertising exchanges are already enabled under the existing Genius Act.
Q: What is the status of Available Networks' node construction, and do you already have enough capacity to launch your exchanges? /
A: Available Networks' rollout is on schedule, with fully operational nodes already active in Philadelphia, New York, and Washington DC, and over 30 additional sites under construction simultaneously. DataVault already has sufficient access to operational compute capacity to launch its exchanges, with new nodes just adding additional regional capacity and adjacent customer access opportunities.
Q: How will DataVault fund the $94.5 million all-cash acquisition of CyberCatch? /
A: The company has multiple confirmed sources of capital to fund the acquisition: a 50% split of $1 billion in minted Project Questrel tokens ($500 million in potential revenue over time), $150 million from Silex-related transactions, ~$190 million in outstanding licensing receivables, additional balance sheet and capital access from the Helmex deal, and cash accretive revenue from the $700 million initial Patriot Strategic Metals rare earth initiative.
Q: What is DataVault's plan to address the NASDAQ minimum $1 share price delisting requirement, and is DataVault the exclusive token partner of Available Networks? /
A: DataVault is the exclusive tokenomics partner of Available Networks, with all network access sold through DataVault's tokens on a 50-50 revenue split. Management has an exemption from the $1 minimum share price requirement through February 2027, and has decided not to implement a reverse split at this time. Instead, management plans to hit full-year 2026 revenue guidance and post strong results to drive the share price up organically.