Datavault AI Q1 revenue surges on CSI acquisition

Datavault AI

15/05/2026 13:08

Overview

U.S. data tokenization firm's Q1 revenue rose 443% yr/yr, driven by CompuSystems acquisition

Company reiterated full-year 2026 revenue target of at least $200 mln

Gross margin fell to 3% from 11% due to lower-margin CSI revenue

Outlook

Datavault AI reiterates full-year 2026 revenue target of at least $200 mln

Company expects to recognize nearly $100 mln in tokenization fees in 2026

Datavault AI plans to expand quantum-ready GPU edge network to over 100 U.S. cities by end-2026

Result Drivers

CSI ACQUISITION - Revenue increase in Q1 was primarily due to the acquisition of CompuSystems Inc.

LOWER MARGIN MIX - Gross margin declined to 3% from 11% due to inclusion of lower-margin CSI revenue

HIGHER OPERATING EXPENSES - Increases in R&D, sales and marketing, and G&A expenses driven by higher headcount, AI/cybersecurity licenses, and acquisition-related costs

Company press release: ID:nBw1NNtQca

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$3.40 mln
$20 mln (1 Analyst)
Q1 EPS
-$0.09


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for Datavault AI Inc is $3.00, about 411.9% above its May 14 closing price of $0.59

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)