DTSS

MKT CAP:$8M

Datasea Inc.

Market Cap

$8M

Technology·Software - Infrastructure·🇨🇳 China·NASDAQ

Technology·Software Infra·🇨🇳·NASDAQ

Stock Price

$1.09+$0.41 (+59.26%)

Apr 21, 2026

Company Details

Datasea Inc., through its subsidiaries, provides smart security solutions in the People's Republic of China. It develops big data security and smart 3D security platforms, safe campus security systems, scenic area security systems, and publ...

CEO

Zhixin Liu

IPO Date

Mar 5, 2018

Website

www.dataseainc.com

Key Metrics TTM

Revenue

$59M

+363.0% YoY

Net Income

-$8M

EPS (Diluted)

-$2.25

Free Cash Flow

-$1M

Revenue / Share

$7.57

Gross Margin

5.4%

Operating Margin

-13.2%

Net Margin

-13.1%

FCF Margin

-1.8%

P/S

0.1x

P/E

—

Earnings Reports

Q1 2026

Nov 13, 2025

$14M-34.5%EPS -$0.03

FY 2025

Sep 26, 2025

$72MEPS -$0.77

Q4 2025

Sep 26, 2025

$20M+352.0%EPS -$0.03

Q1 2025

Nov 13, 2024

$21MEPS -$0.49

Q4 2024

Sep 26, 2024

$4MEPS -$1.71

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 18	$9.0K	$9.0K	-$432.5K
Q2 18	$40	$40	-$399.0K
Q3 18	$6.5K	$6.4K	-$445.0K
Q4 18	-$4.9K	-$9.7K	-$385.0K
Q1 19	$0	-$7.4K	-$373.7K
Q3 19	$0	$0	-$574.6K
Q4 19	$14.9K	$7.4K	-$169.8K
Q2 20	$0	-$6.2K	-$1M
Q3 20	$0	-$27.1K	-$690.7K
Q1 21	$9.1K	-$7.8K	-$876.1K
Q2 24	$11M	$102.2K	-$2M
Q3 24	$1M	$9.9K	-$4M
Q4 24	$4M	$287.3K	-$5M
Q1 25	$21M	$197.0K	-$2M
Q4 25	$20M	$2M	-$116.3K
Q1 26	$14M	$1M	-$288.6K

Valuation

Quarter	P/S	P/E
Q1 18	7096.5x	—
Q2 18	63098.5x	—
Q3 18	47719.4x	—
Q4 18	97717.8x	—
Q1 19	654750.3x	—
Q3 19	89922.5x	—
Q4 19	8216.4x	—
Q2 20	12996.2x	—
Q3 20	7902.5x	—
Q1 21	2836.5x	—
Q2 24	0.6x	—
Q3 24	2.0x	—
Q4 24	1.2x	—
Q1 25	0.5x	—
Q4 25	0.3x	—
Q1 26	0.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 18	-$458.9K	-$463.6K
Q2 18	-$397.3K	-$405.8K
Q3 18	-$400.1K	-$401.1K
Q4 18	-$228.5K	-$241.7K
Q1 19	-$435.4K	-$455.0K
Q3 19	-$494.2K	-$528.4K
Q4 19	$1M	$863.2K
Q2 20	-$2M	-$2M
Q3 20	-$713.0K	-$752.8K
Q1 21	-$909.5K	-$961.7K
Q2 24	$1M	$1M
Q3 24	-$336.7K	-$336.7K
Q4 24	-$444.5K	-$503.6K
Q1 25	-$732.7K	-$780.2K
Q4 25	-$589.2K	-$630.6K
Q1 26	$879.3K	$879.3K

Capital Expenditures

Quarter	CapEx
Q1 18	$4.8K
Q2 18	$8.5K
Q3 18	$987
Q4 18	$13.2K
Q1 19	$19.6K
Q3 19	$34.2K
Q4 19	$501.9K
Q2 20	$206.7K
Q3 20	$39.8K
Q1 21	$52.1K
Q2 24	$71.5K
Q3 24	$20
Q4 24	$59.0K
Q1 25	$47.5K
Q4 25	$41.4K
Q1 26	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 18	—	+63.6%
Q2 18	-100.0%	+11.8%
Q3 18	+215.2%	+61.0%
Q4 18	-185.6%	-22.0%
Q1 19	-100.0%	-15.4%
Q3 19	-100.0%	+44.0%
Q4 19	+129.9%	-59.1%
Q2 20	+100.0%	+167.2%
Q3 20	—	+84.8%
Q1 21	—	+54.0%
Q2 24	+76228.1%	+7012.7%
Q3 24	—	+440.6%
Q4 24	—	+1309.5%
Q1 25	+232711.6%	+2511.1%
Q4 25	+73.8%	+51.0%
Q1 26	+898.8%	+156.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 18	$0	0.0%
Q2 18	$0	0.0%
Q3 18	$0	0.0%
Q4 18	$0	—
Q1 19	$0	—
Q3 19	$0	—
Q4 19	$0	0.0%
Q2 20	$0	—
Q3 20	$0	—
Q1 21	$0	0.0%
Q2 24	$22.1K	0.2%
Q3 24	$0	0.0%
Q4 24	$4M	89.4%
Q1 25	$375.0K	1.8%
Q4 25	$229.0K	1.2%
Q1 26	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q1 18	$94.6K	$407.1K	$34.4K	—
Q2 18	$77.0K	$367.7K	$31.3K	—
Q3 18	$77.9K	$368.4K	$82.9K	—
Q4 18	$109.7K	—	$23.4K	—
Q1 19	$62.8K	$226.6K	$76.9K	—
Q3 19	$29.2K	$511.0K	$34.4K	—
Q4 19	$35.1K	$118.4K	$16.2K	—
Q2 20	$319.2K	—	—	$690.1K
Q3 20	$229.1K	—	—	$434.4K
Q1 21	$194.7K	$619.4K	$54.1K	—
Q2 24	$117.4K	$623.5K	$1M	—
Q3 24	$71.2K	$3M	$970.4K	—
Q4 24	$15.8K	$5M	$1M	—
Q1 25	$103.1K	$1M	$996.0K	—
Q4 25	$390.0K	$866.9K	$391.2K	—
Q1 26	$512.9K	$551.0K	$393.8K	—

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 18	—	-4730.2%	—
Q2 18	-100.0%	-978930.0%	-979030.0
Q3 18	215.2%	-6753.1%	-6537.9
Q4 18	-185.6%	7604.4%	7418.8
Q1 19	-100.0%	—	—
Q3 19	-100.0%	—	—
Q4 19	129.9%	-1088.3%	-958.4
Q2 20	100.0%	—	—
Q3 20	—	—	—
Q1 21	—	-9203.9%	—
Q2 24	76228.1%	-14.5%	76213.6
Q3 24	—	-287.2%	—
Q4 24	—	-121.2%	—
Q1 25	232711.6%	-9.2%	232702.4
Q4 25	73.8%	1.3%	75.1
Q1 26	898.8%	1.9%	900.7

Rule of 40

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$2M	$0	$2M
Q4 22	$164.2K	$0	$164.2K
Q1 23	$93.1K	$0	$93.1K
Q2 23	$43.3K	$0	$43.3K
Q3 23	$43.2K	$0	$43.2K
Q4 23	$19.7K	$0	$19.7K
Q1 24	$1M	$0	$1M
Q2 24	$437.7K	$0	$437.7K
Q3 24	$52.5K	$0	$52.5K
Q4 24	$181.3K	$0	$181.3K
Q1 25	$937.6K	$0	$937.6K
Q2 25	$268.1K	$0	$268.1K
Q3 25	$866.7K	$0	$866.7K
Q4 25	$620.8K	$0	$620.8K
Q1 26	$679.7K	$0	$679.7K
Q2 26	$608.5K	$0	$608.5K

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 18	1M	+2.2%	+4.0%
Q2 18	1M	+0.9%	+3.1%
Q3 18	1M	+0.0%	+2.5%
Q4 18	1M	-0.0%	+3.1%
Q1 19	1M	+0.0%	+0.9%
Q3 19	1M	+9.2%	+9.2%
Q4 19	1M	-0.0%	+9.2%
Q2 20	1M	+0.0%	+9.2%
Q3 20	1M	0.0%	+9.2%
Q1 21	1M	0.0%	0.0%
Q2 24	3M	+81.8%	+81.8%
Q3 24	3M	+5.0%	+91.0%
Q4 24	3M	+18.1%	+125.6%
Q1 25	4M	+28.3%	+189.4%
Q4 25	8M	+92.8%	+206.9%
Q1 26	8M	0.0%	+192.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 18	$209	43
Q2 18	$1	43
Q3 18	$150	43
Q4 18	-$97	51
Q1 19	$0	51
Q3 19	$0	51
Q4 19	$310	48
Q2 20	$0	48
Q3 20	$0	48
Q1 21	$156	58
Q2 24	$214.1K	53
Q3 24	$26.1K	53
Q4 24	$121.2K	36
Q1 25	$585.6K	36
Q4 25	$481.1K	41
Q1 26	$336.9K	41

Revenue / Employee