IPOD

MKT CAP:$150M

Dune Acquisition Corporation II

Market Cap

$150M

Financial Services·Shell Companies·🇺🇸 United States·NASDAQ

Financials·Shell Companies·🇺🇸·NASDAQ

Stock Price

$10.36+$0.14 (+1.37%)

Apr 24, 2026

Company Details

Dune Acquisition Corporation II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It focuses on software as a service,...

CEO

Elliot Richmond

IPO Date

Jun 12, 2025

Website

duneacq.com

Key Metrics TTM

Revenue

$0

— YoY

Net Income

$3M

EPS (Diluted)

$0.22

Free Cash Flow

-$429.1K

Revenue / Share

$0.00

Gross Margin

—

Operating Margin

—

Net Margin

—

FCF Margin

—

P/S

—

P/E

44.8x

Earnings Reports

FY 2025

Mar 13, 2026

$0EPS $0.22

Q4 2025

Mar 13, 2026

$0EPS $0.10

Q3 2025

Nov 14, 2025

$0EPS $0.07

Q2 2025

Aug 11, 2025

$0EPS $0.05

Q1 2025

May 14, 2025

$0EPS -$0.00

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 20	$0	$0	-$5.0K
Q4 20	$0	$0	-$262.0K
Q1 21	$0	$0	-$2M
Q2 21	$0	$0	-$282.0K
Q4 24	$0	$0	-$36.7K
Q1 25	$0	$0	-$48.1K
Q2 25	$0	$0	-$112.4K
Q3 25	$0	$0	-$179.3K
Q4 25	$0	$0	-$112.1K

Valuation

Quarter	P/S	P/E
Q3 20	—	—
Q4 20	—	—
Q1 21	—	—
Q2 21	—	8.0x
Q4 24	—	8.0x
Q1 25	—	7.9x
Q2 25	—	263.1x
Q3 25	—	74.6x
Q4 25	—	44.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 20	-$5.0K	-$5.0K
Q4 20	-$930.5K	-$930.5K
Q1 21	-$257.1K	-$257.1K
Q2 21	-$414.7K	-$414.7K
Q4 24	-$30.5K	-$30.5K
Q1 25	-$14.9K	-$14.9K
Q2 25	-$190.2K	-$190.2K
Q3 25	-$187.9K	-$187.9K
Q4 25	-$36.2K	-$36.2K

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 24	—	+634.0%
Q1 25	—	-81.6%
Q2 25	—	-93.2%
Q3 25	—	-36.4%
Q4 25	—	+205.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 20	$0	—
Q4 20	$0	—
Q1 21	$0	—
Q2 21	$0	—
Q4 24	$0	—
Q1 25	$0	—
Q2 25	$0	—
Q3 25	$0	—
Q4 25	$0	—

OpEx Breakdown

Quarter	G&A	SG&A
Q3 20	$5.0K	—
Q4 20	—	$261.5K
Q1 21	$2M	—
Q2 21	$282.1K	—
Q4 24	$36.7K	—
Q1 25	$48.1K	—
Q2 25	$112.4K	—
Q3 25	$179.3K	—
Q4 25	$112.1K	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 20	$100.0K	$0	$100.0K
Q3 20	$134.4K	$0	$134.4K
Q4 20	$708.5K	$460M	$461M
Q1 21	$446.4K	$0	$446.4K
Q2 21	$41.4K	$0	$41.4K
Q3 21	$130.8K	$0	$130.8K
Q4 21	$33.6K	$0	$33.6K
Q1 22	$164.8K	$0	$164.8K
Q2 22	$238.5K	$0	$238.5K
Q1 25	$470	$0	$470
Q2 25	$589.8K	$0	$589.8K
Q3 25	$401.9K	$0	$401.9K
Q4 25	$365.8K	$0	$365.8K

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 20	58M	—	—
Q4 20	58M	0.0%	—
Q1 21	59M	+3.3%	—
Q2 21	58M	-3.2%	—
Q4 24	18M	-69.4%	-69.4%
Q1 25	18M	0.0%	-69.4%
Q2 25	14M	-18.9%	-76.0%
Q3 25	14M	+0.7%	-75.0%
Q4 25	9M	-34.8%	-46.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 20	—	—
Q4 20	—	—
Q1 21	—	—
Q2 21	—	—
Q4 24	—	—
Q1 25	—	—
Q2 25	—	—
Q3 25	—	—
Q4 25	$0	1

Revenue / Employee