marketcaparena

VEEA

VEEA INC.

Company overview

Market capitalization
$177.93M
Employees
45
Latest publication
2026-09-29
About VEEA INC.

Veea Inc., an AI-driven edge infrastructure company, develops edge computing devices and products. The company offers VeeaHub products, a typical Wi-Fi Access Point for indoor and outdoor coverage and are both locally- and cloud-managed; and Linux server with a virtualized software environment, supporting patented secured docker containers, a Wi-Fi Access Point with a mesh router, a firewall, an IoT gateway, NVMe data storage, and 4G/5G modules. It also provides SecureConnect Service Platform, which enable the service providers to deliver an all-in-one solution, with a compact model of VeeaHub product; AirLynx Service Platform, a solution delivered through VeeaONE platform for service providers to offer turnkey subscription-based cellular-like Wi-Fi and IoT service coverage, with edge applications; VeeaONE IoT Platform, a powerful IoT capability with Edge AI; Niagara Building and Energy Management Systems, a platform solutions for process automation and commercial building industry; VeeaWare, a full-stack software is designed to be hardware platform agnostic; and VeeaONE platform, a VeeaCloud, provides for the servers, user interfaces and services. In addition, the company focuses on fixed-line or 5G-based fixed wireless broadband access; and subscription-based managed Wi-Fi for unserved/underserved communities. Further, it provides broadband or Internet connectivity services offered with various edge applications and value-added services, including advanced AI-driven cybersecurity through mobile network operators, multiple system operators, internet service providers, and other managed service providers. It serves climate smart buildings, smart farming with precision agriculture, smart warehouses, and smart retail as cloud-managed converged private networks applications. Veea Inc. was founded in 2014 and is headquartered in New York, New York.

Company website

Financial statements

Income Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
Total Revenue176,221USD180,417USD-10,076USD144,926USD72,927USD14,262USD33,496USD50,683USD
Cost Of Revenue38,838USD227,659USD11,825USD53,006USD4,587USD12,330USD25,603USD14,997USD
Gross Profit137,383USD-47,242USD-21,901USD91,920USD68,340USD1,932USD7,893USD35,686USD
Research Development94,220USD148,600USD163,544USD6,190USD53,417USD215,575USD220,421USD356,761USD
Selling General Administrative6,759,222USD4,834,399USD3,120,584USD4,522,588USD4,750,744USD5,109,473USD13,547,313USD1,989,095USD
Selling And Marketing Expenses147,954USD—15,852USD15,555USD40,515USD349,251USD352,196USD—
General And Administrative Expenses6,759,222USD———————
Total Operating Expenses7,282,243USD4,982,999USD3,500,433USD4,754,579USD4,989,283USD5,734,415USD14,188,591USD1,243,280USD
Operating Income-7,144,859USD-5,030,241USD-3,522,334USD-4,662,659USD-4,920,943USD-5,732,483USD-14,180,698USD-1,207,594USD
Total Other Income Expense Net3,118,949USD357,195USD-1,401,192USD6,037,953USD-2,489,915USD10,031,535USD13,253,549USD-32,115,961USD
Interest Expense610,324USD810,676USD379,772USD442,867USD433,098USD946,484USD455,420USD451,881USD
Net Income-4,025,910USD-4,673,046USD-4,923,526USD1,375,294USD-7,410,858USD4,299,052USD-927,149USD-33,323,555USD
Net Income Applicable To Common Shares-4,025,910USD———————
Net Interest Income—-810,676USD-379,772USD-442,867USD-433,098USD-946,484USD-455,420USD-451,881USD
Income Before Tax—-4,673,046USD-4,923,526USD1,375,294USD-7,410,858USD4,299,052USD-927,149USD-33,323,555USD
Net Income From Continuing Ops—-4,673,046USD-4,923,526USD1,375,294USD-7,410,858USD4,299,052USD-927,149USD-33,323,555USD
Ebit—-5,030,241USD-4,543,754USD-3,439,331USD-6,977,760USD5,245,536USD-471,725USD-32,871,674USD
Ebitda—-4,825,249USD-4,332,371USD-3,222,898USD-6,803,804USD5,393,608USD-315,514USD-32,803,944USD
Depreciation And Amortization—204,992USD211,383USD216,433USD173,956USD148,072USD156,211USD67,730USD
Reconciled Depreciation—204,992USD211,383USD216,433USD173,956USD148,072USD156,211USD67,730USD
Unclassified Operating Expenses———————-1,102,576USD
Income Tax Expense———————-1,251,243USD
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Income Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USD
Total Revenue222,018USD141,760USD9,072,130USD224,052USD2,800,331USD
Cost Of Revenue69,981USD83,290USD466,802USD285,311USD2,757,503USD
Gross Profit152,037USD58,470USD8,605,328USD-61,259USD42,828USD
Research Development328,422USD1,373,351USD693,448USD3,226,773USD5,678,248USD
Selling General Administrative17,652,467USD26,638,816USD17,238,184USD20,076,055USD20,221,588USD
Selling And Marketing Expenses349,004USD811,537USD215,332USD384,217USD1,602,602USD
Total Operating Expenses17,759,818USD27,846,233USD18,965,167USD25,566,443USD33,353,383USD
Operating Income-17,607,781USD-27,787,763USD-10,359,839USD-25,627,702USD-33,310,555USD
Interest Expense2,202,220USD1,808,243USD5,318,817USD——
Net Interest Income-2,202,220USD-1,808,243USD-5,316,875USD——
Income Before Tax-6,660,038USD-47,547,768USD-15,638,589USD-35,200,039USD-35,259,193USD
Net Income-6,660,038USD-47,547,768USD-15,638,589USD-35,167,089USD-35,067,823USD
Net Income From Continuing Ops-6,660,038USD-47,547,768USD-15,638,589USD——
Ebit-4,457,818USD-45,739,525USD-10,319,773USD-25,677,743USD-30,555,817USD
Ebitda-3,707,974USD-45,037,707USD-8,708,361USD-23,798,345USD-27,943,642USD
Depreciation And Amortization749,844USD701,818USD1,611,412USD1,879,398USD2,612,175USD
Reconciled Depreciation749,844USD701,818USD1,611,412USD——
Total Other Income Expense Net10,947,743USD-19,760,005USD-5,278,750USD-9,572,337USD-1,948,638USD
Interest Income—0USD1,942USD——
Income Tax Expense—-1,251,243USD———
Unclassified Operating Expenses———1,879,398USD5,850,945USD
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Balance sheet Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
Total Assets30,082,166USD29,859,164USD28,220,625USD29,469,150USD28,602,053USD20,007,029USD21,093,895USD44,995,225USD
Total Current Assets16,381,834USD17,136,206USD15,566,004USD16,316,624USD15,239,583USD13,660,558USD14,879,122USD38,163,856USD
Other Current Assets49,790USD5,648,525USD5,638,399USD5,535,918USD5,541,271USD5,553,840USD5,649,594USD27,298,900USD
Other Non Current Assets84,255USD———————
Total Liabilities22,031,313USD———————
Total Current Liabilities10,410,693USD15,097,455USD31,818,244USD28,383,901USD31,600,070USD25,418,777USD20,136,171USD21,004,051USD
Other Current Liabilities81,040USD———————
Total Stockholder Equity8,050,853USD5,018,144USD-9,751,880USD-4,265,475USD-10,932,589USD-11,675,923USD-17,023,824USD-8,005,110USD
Total Equity Including Noncontrolling Interest8,050,853USD———————
Inventory9,561,925USD9,631,376USD9,653,912USD9,562,118USD9,412,074USD7,777,249USD7,459,240USD7,977,277USD
Property Plant Equipment Net77,793USD70,291USD91,809USD113,472USD137,224USD171,371USD327,994USD457,068USD
Goodwill5,089,653USD———————
Intangible Assets7,139,647USD7,258,491USD7,426,864USD7,594,415USD7,721,559USD898,052USD741,078USD757,697USD
Accounts Payable2,272,313USD3,064,647USD4,053,523USD3,553,569USD4,149,154USD3,913,079USD1,290,824USD1,638,738USD
Common Stock5,709USD5,047USD5,047USD5,018USD4,094USD3,655USD3,621USD3,568USD
Retained Earnings-233,189,512USD-229,163,602USD-224,490,556USD-219,567,030USD-220,942,324USD-213,531,466USD-217,830,518USD-216,903,369USD
Accumulated Other Comprehensive Income-1,481,385USD-1,197,799USD-1,251,774USD358,483USD323,384USD154,802USD135,391USD-1,770,586USD
Total Liab—24,841,020USD37,972,505USD33,734,625USD39,534,642USD31,682,952USD38,117,719USD53,000,335USD
Other Current Liab—5,913,772USD8,004,935USD7,517,516USD5,805,044USD7,505,698USD6,023,768USD6,453,968USD
Capital Stock—5,068USD5,047USD5,018USD4,094USD3,655USD3,621USD3,568USD
Good Will—5,105,911USD5,101,625USD5,174,240USD5,233,499USD4,924,151USD4,779,625USD5,076,791USD
Cash—1,594,473USD133,860USD1,071,151USD238,008USD247,341USD1,685,633USD2,802,970USD
Cash And Short Term Investments—1,594,473USD133,860USD1,071,151USD238,008USD247,341USD1,685,633USD2,802,970USD
Current Deferred Revenue—2,285,957USD——2,257,457USD———
Net Debt—6,845,613USD19,625,926USD16,241,665USD19,589,109USD14,566,338USD11,233,262USD10,447,889USD
Short Term Debt—3,833,079USD19,759,786USD17,312,816USD19,388,415USD14,000,000USD12,821,579USD12,911,345USD
Short Long Term Debt—7,868,693USD19,759,786USD17,312,816USD19,388,415USD14,000,000USD12,700,000USD12,700,000USD
Short Long Term Debt Total—8,440,086USD19,759,786USD17,312,816USD19,827,117USD14,813,679USD12,918,895USD13,250,859USD
Long Term Debt—4,607,007USD——438,702USD813,679USD97,316USD339,514USD
Long Term Investments—253,984USD0USD236,519USD235,737USD235,666USD235,596USD452,642USD
Net Receivables—261,832USD139,833USD147,438USD48,230USD82,128USD84,655USD84,709USD
Property Plant Equipment Gross—1,439,054USD1,439,280USD1,436,481USD1,433,808USD1,424,441USD1,537,395USD1,620,447USD
Common Stock Shares Outstanding—50,467,421shares45,670,396shares45,670,396shares38,813,663shares36,583,665shares36,202,798shares35,911,444shares
Non Current Assets Total—12,722,957USD12,654,621USD13,152,526USD13,362,470USD6,346,471USD6,169,790USD6,831,189USD
Non Current Liabilities Total—9,743,565USD6,154,261USD5,350,724USD7,934,571USD6,264,175USD17,981,548USD31,996,284USD
Non Current Liabilities Other—1,985,000USD2,543,600USD2,040,000USD6,760,000USD5,029,999USD15,558,999USD28,850,000USD
Non Currrent Assets Other—34,280USD34,323USD33,880USD34,451USD117,231USD85,497USD86,991USD
Net Working Capital—2,038,751USD-16,252,240USD-12,067,276USD-16,360,487USD-11,758,219USD-5,257,049USD17,159,805USD
Unclassified Current Liabilities—-7,868,693USD-19,759,786USD-17,312,816USD-19,388,415USD-14,000,000USD-12,700,000USD-12,700,000USD
Unclassified Non Current Liabilities—3,151,558USD3,610,661USD3,310,724USD——2,325,233USD2,806,770USD
Unclassified Equity—235,369,430USD215,980,356USD214,933,036USD209,678,163USD201,693,431USD200,664,061USD210,661,709USD
Other Assets——————44,983USD180USD
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Balance sheet Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USD
Total Assets28,220,625USD21,093,895USD20,837,306USD324,041,674USD18,533,652USD
Intangible Assets7,426,864USD741,078USD628,477USD1,064,612USD2,246,855USD
Other Current Assets5,638,399USD5,649,594USD513,670USD18,636USD1,864,032USD
Total Liab37,972,505USD38,117,719USD32,304,436USD15,427,545USD86,181,846USD
Total Stockholder Equity-9,751,880USD-17,023,824USD-11,467,130USD308,614,129USD-67,464,219USD
Other Current Liab8,004,935USD6,023,768USD9,063,264USD-1,527,715USD11,519,681USD
Common Stock5,047USD3,621USD1,964USD323,912,441USD72USD
Capital Stock5,047USD3,621USD1,964USD——
Retained Earnings-224,490,556USD-217,830,518USD-170,282,750USD-15,298,312USD-119,477,072USD
Good Will5,101,625USD4,779,625USD4,797,078USD4,576,572USD5,124,398USD
Cash133,860USD1,685,633USD6,010,075USD86,401USD951,040USD
Cash And Short Term Investments133,860USD1,685,633USD6,010,075USD86,401USD951,040USD
Total Current Assets15,566,004USD14,879,122USD13,952,204USD130,032USD7,536,746USD
Total Current Liabilities31,818,244USD20,136,171USD32,185,012USD3,875,756USD83,620,986USD
Net Debt19,625,926USD11,233,262USD16,153,199USD913,599USD72,012,156USD
Short Term Debt19,759,786USD12,821,579USD22,043,850USD1,000,000USD70,402,336USD
Short Long Term Debt19,759,786USD12,700,000USD21,598,000USD——
Short Long Term Debt Total19,759,786USD12,918,895USD22,163,274USD1,000,000USD72,963,196USD
Long Term Investments0USD235,596USD451,874USD——
Net Receivables139,833USD84,655USD52,838USD24,995USD—
Inventory9,653,912USD7,459,240USD7,375,621USD—4,721,674USD
Accounts Payable4,053,523USD1,290,824USD1,077,898USD4,403,471USD1,698,969USD
Property Plant Equipment Net91,809USD327,994USD7,570,542USD—2,885,973USD
Property Plant Equipment Gross1,439,280USD1,537,395USD8,568,481USD——
Accumulated Other Comprehensive Income-1,251,774USD135,391USD-661,354USD—-559,779USD
Common Stock Shares Outstanding45,670,396shares35,911,444shares35,620,090shares39,902,043shares39,902,043shares
Non Current Assets Total12,654,621USD6,169,790USD6,885,102USD323,911,642USD10,996,906USD
Non Current Liabilities Total6,154,261USD17,981,548USD119,424USD11,551,789USD2,560,860USD
Non Current Liabilities Other2,543,600USD15,558,999USD———
Non Currrent Assets Other34,323USD85,497USD-6,562,869USD-5,641,184USD132,087USD
Net Working Capital-16,252,240USD-5,257,049USD-18,232,808USD——
Unclassified Current Liabilities-19,759,786USD-12,700,000USD-21,598,000USD-1,527,715USD—
Unclassified Non Current Liabilities3,610,661USD2,325,233USD—11,551,789USD2,560,860USD
Unclassified Equity215,980,356USD200,664,061USD159,473,046USD—52,572,560USD
Other Assets—44,983USD———
Long Term Debt—97,316USD———
Unclassified Non Current Assets——-6,562,869USD318,270,458USD—
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Cash flow Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Net Income-4,673,046USD-4,923,526USD1,375,294USD-7,410,858USD4,299,052USD-927,149USD-33,323,555USD-7,278,070USD
Depreciation204,992USD211,383USD328,402USD174,016USD148,072USD156,211USD67,730USD155,262USD
Stock Based Compensation294,935USD587,380USD319,210USD572,913USD75,000USD6,304,847USD59,460USD272,104USD
Other Non Cash Items-468,751USD-367,035USD-5,711,187USD2,237,305USD-10,019,522USD-10,345,733USD18,745,045USD2,045,923USD
Change To Account Receivables-121,999USD8,240USD-99,283USD18,526USD18,259USD-40USD——
Change To Inventory19,664USD-89,090USD-132,974USD-253,780USD-318,475USD-37,105USD-34,774USD-504,465USD
Change In Working Capital-254,217USD778,760USD-442,086USD1,633,133USD1,798,657USD-953,626USD-4,738,044USD505,467USD
Total Cash From Operating Activities-5,191,022USD-3,713,038USD-4,449,577USD-3,366,404USD-3,698,741USD-5,765,450USD-19,248,824USD-4,299,314USD
Capital Expenditures-253,988USD-22,388USD-1,079USD-1,076USD-131,973USD-57,748USD-33,436USD-3,477USD
Free Cash Flow-5,445,010USD-3,735,426USD-4,448,498USD-3,367,480USD-3,830,714USD-5,823,198USD-19,282,260USD-4,302,791USD
Investments-253,984USD—-65,406USD-27,570USD-131,973USD-57,748USD-74,385USD-59,245USD
Total Cashflows From Investing Activities-269,520USD-22,388USD-65,406USD-27,570USD-131,973USD-57,748USD17,303USD-59,245USD
Net Borrowings6,924,250USD2,335,000USD550,000USD3,141,000USD1,785,000USD5,286,016USD5,150,000USD—
Total Cash From Financing Activities6,924,250USD2,795,004USD5,378,758USD3,373,340USD2,389,437USD5,036,025USD15,823,728USD-440,362USD
Issuance Of Capital Stock0USD-376,761USD4,828,750USD232,340USD604,426USD-242,248USD1,345,888USD-411,121USD
Change In Cash523,322USD-937,291USD833,143USD-9,333USD-1,438,292USD-1,117,337USD2,584,867USD185,263USD
Begin Period Cash Flow1,071,151USD1,071,151USD238,008USD247,341USD1,685,633USD2,802,970USD218,103USD32,840USD
End Period Cash Flow1,594,473USD133,860USD1,071,151USD238,008USD247,341USD1,685,633USD2,802,970USD218,103USD
Other Cashflows From Investing Activities—-14,179USD-66,485USD——-44,983USD—-55,768USD
Other Cashflows From Financing Activities————11USD-1,345,888USD632,888USD-440,362USD
Sale Purchase Of Stock—————-242,248USD——
Unclassified Financing Cash Flow—————1,338,145USD8,694,952USD—
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Cash flow Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USD
Net Income-6,660,038USD-47,547,768USD-15,638,589USD-35,167,089USD-35,067,823USD
Depreciation749,844USD701,818USD1,611,412USD3,372,324USD5,080,921USD
Stock Based Compensation1,554,503USD6,699,081USD484,584USD845,448USD478,854USD
Other Non Cash Items-13,984,688USD18,955,657USD1,307,199USD9,451,337USD27,326,582USD
Change To Account Receivables-54,258USD-31,776USD-27,843USD-24,995USD111,265USD
Change To Inventory-794,320USD-639,340USD-147,982USD-3,190,047USD-955,241USD
Change In Working Capital3,112,619USD-4,403,796USD-417,236USD-527,382USD43,060USD
Total Cash From Operating Activities-15,227,760USD-25,595,008USD-12,652,630USD-22,025,362USD-2,138,406USD
Capital Expenditures-247,337USD-265,445USD-155,054USD-30,768USD-4USD
Free Cash Flow-15,475,097USD-25,860,453USD-12,807,684USD-22,056,130USD-2,138,410USD
Total Cashflows From Investing Activities-247,337USD-265,445USD-155,054USD-249,264USD-319,216,340USD
Net Borrowings7,811,000USD10,436,016USD-731,611USD——
Total Cash From Financing Activities13,936,539USD21,572,753USD18,573,694USD21,525,000USD321,461,970USD
Issuance Of Capital Stock5,288,755USD11,064,996USD17,256,525USD——
Change In Cash-1,551,773USD-4,324,442USD5,824,194USD-765,159USD107,224USD
Begin Period Cash Flow1,685,633USD6,010,075USD185,881USD951,040USD—
End Period Cash Flow133,860USD1,685,633USD6,010,075USD185,881USD107,224USD
Other Cashflows From Investing Activities-239,128USD-219,241USD-120,088USD-218,496USD84,735USD
Other Cashflows From Financing Activities836,765USD71,741USD2,048,780USD9,525,000USD-23,698,611USD
Investments—-265,445USD-155,054USD——
Unclassified Financing Cash Flow———12,000,000USD345,160,581USD
Unclassified Investing Cash Flow————-319,301,071USD
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Operating metrics

No operating metrics are currently published for this company.

Revenue breakdown

PeriodDimensionBusiness / regionRevenueCurrencySource
FY 2024Yearly · 2024-12-31ProductHardware Net110,529USD0001213900-25-032215
FY 2024Yearly · 2024-12-31ProductLicense11,920USD0001213900-25-032215
FY 2024Yearly · 2024-12-31ProductOthers18,195USD0001213900-25-032215
FY 2024Yearly · 2024-12-31ProductSubscription1,116USD0001213900-25-032215
FY 2023Yearly · 2023-12-31ProductHardware Net22,612USD0001213900-25-032215
FY 2023Yearly · 2023-12-31ProductLicense9,006,716USD0001213900-25-032215
FY 2023Yearly · 2023-12-31ProductOthers42,559USD0001213900-25-032215
FY 2023Yearly · 2023-12-31ProductSubscription243USD0001213900-25-032215

Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.