Earnings release
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Datavault Al Reports Second Quarter 2026 Financial Results and Provides Business Update Highlighting Progress Toward Commercialization of Tokenization and Data Monetization Platforms 2026-08-19T07 : 44 : 00 August 19 , 2026 7:44 am EDT Datavault Al reiterates its full - year 2026 revenue target of at least $ 200 million Video demonstrations of the Company's exchange platforms are available online : https://www.dvltinvestor.com/ Q2 2026 Revenue increased 287 % compared to Q2 2025 Strengthened leadership with the appointments of cybersecurity veteran Barry Childe as Chief Information Security Officer and Dean Becker as Chief Licensing Officer PHILADELPHIA -- ( BUSINESS WIRE ) -- Datavault Al Inc. ( " Datavault Al " or the " Company " ) ( NASDAQ : DVLT ) , an Artificial Intelligence Platform ( " AIP " ) company providing data monetization , credentialing , digital engagement , real - world asset ( " RWA " ) tokenization and spatial audio technologies , today reported financial results for the second quarter ended June 30 , 2026 , and provided an update on the Company's strategy to assemble and vertically integrate the infrastructure required to support the commercialization of its data monetization and tokenization platforms . " Over the past few months , we made significant progress assembling the technology , infrastructure and strategic capabilities required to bring Datavault Al's platform to market at scale , " said Nathaniel Bradley , Chief Executive Officer of Datavault Al . " With the NYIAX acquisition completed and the acquisition of CyberCatch under definitive agreement , the continued buildout of SanQtum and several other commercial programs underway , we believe the foundation of our platform is taking shape . Each component of our integrated technology ecosystem serves a distinct role : NYIAX is expected to provide exchange infrastructure and IP ; CLEAR provides identity and credentialing ; Fiserv provides payments and settlement capabilities ; IBM watsonx is our Al infrastructure ; Available powers our distributed edge - computing network , and CyberCatch is expected to strengthen security and compliance . " " These partnerships were never intended to operate independently , " Mr. Bradley continued . " Together , they form an integrated ecosystem . With the core platform buildout well underway , our focus for the second half of 2026 shifts to execution : launching our exchanges , scaling SanQtum and converting our contracted opportunities into commercial activity and recognized revenue . " Business Highlights • Completed the acquisition of NYIAX , the Company's fifth owned exchange which adds programmatic , blockchain - based ad - contract infrastructure to the Information Data ExchangeⓇ • Entered into a definitive agreement to acquire CyberCatch Holdings , Inc. , with the proposed acquisition expected to integrate Al - enabled cyber - risk mitigation and quantum - resistant security natively into the SanQtum edge platform • Advanced its collaboration with Fiserv to integrate Datavault Al's patented data monetization and tokenization technologies with Fiserv's financial technology infrastructure • Continued nationwide build - out of its quantum - ready GPU edge network with Available Infrastructure , following the initial New York and Philadelphia deployments • Expanded sports and entertainment monetization initiatives through athlete and legacy licensing relationships , including Tyson Fury , Roberto Clemente , Darryl Strawberry and Dwight " Doc " Gooden • Entered into an agreement with Perpetuals.com designed to provide international secondary - market access for tokenized RWAs , and advanced its strategic minerals initiative with Patriot Strategic Metals • Announced plans to tokenize Available Infrastructure's Project Qestrel SanQtum Infrastructure Expansion and Project Qestrel During the second quarter , Datavault Al advanced its partnership with Available Infrastructure to build out its SanQtum - powered edge Al infrastructure . SanQtum provides the secure , distributed computing layer supporting Datavault Al's broader platform , combining zero - trust networking , quantum - resilient security , high - performance GPU compute and Al inference at the edge . The Company's initial SanQtum deployments in New York and Philadelphia are the first steps in a much broader planned nationwide network designed to bring secure compute closer to where data is generated , valued , and monetized . On July 17 , 2026 , advancing this infrastructure strategy , Datavault Al announced the tokenization and monetization of Available Infrastructure's Project Qestrel , a planned nationwide fleet of 1,000 cybersecure , sovereign edge data centers across 100 U.S. cities and more than 30 states . Each Qestrel site is expected to use Available Infrastructure's SanQtum technology stack , including zero - trust networking , quantum - resilient encryption , high - performance computing and edge Al inference . Datavault Al intends to use its patented tokenization technology and Information Data ExchangeⓇ platform to create $ QEST utility tokens representing access and usage rights to compute capacity across the Project Qestrel network . Q2-2026 Consolidated Results Revenue for the three months ended June 30 , 2026 was $ 6.7 million , an increase of $ 5.0 million , or 287 % , from $ 1.7 million for the three months ended June 30 , 2025 . Gross profit for the three months ended June 30 , 2026 was $ 2.9 million , compared to $ 35,000 for the three months ended June 30 , 2025 . Research and development expenses were $ 7.2 million , an increase of $ 3.0 million from $ 4.2 million for the three months ended June 30 , 2025 . Sales and marketing expenses were $ 7.2 million , an increase of $ 5.5 million from $ 1.7 million for the three months ended June 30 , 2025 .