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VEEA · NASDAQ · Information Technology Services

Veea (VEEA)

Combines VeeaHub hardware with cloud-managed edge software and communications services.

$1.70
Pre-market+0.07 (+4.29%)
At close$1.63(−4.68%)
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Veea Inc.VEEAInformation Technology

Sales of VeeaHub devices, licenses, and subscriptions support AI-enabled edge computing and communications. The commercial offering has expanded into VeeaONE, a stack spanning middleware, tools, a developer portal, cloud control, and workload orchestration.

VeeaHub devices, licenses, and subscriptions form the commercial base, pairing edge computing with communications services. VeeaONE extends that base with VeeaWare middleware, the VeeaHub Toolkit, and the Veea Developer Portal. VeeaCloud and TerraFabric provide cloud control and workload orchestration, alongside offerings such as SecureConnect and Lobster Trap.

Revenue in the periods reported in the latest filing was principally generated from paid pilots, and sales are made through channel partners including system integrators, ISVs, network operators, ISPs, and satellite operators. The publicly listed issuer emerged from the Plum business combination; the company acquired substantially all Crowdkeep technology.

Company facts

CEOAllen Salmasi
ListedSep 17, 2024
ExchangeNASDAQ
HeadquartersNew York, NY
CountryUnited States
Employees45
CIK0001840317
ISINUS6934891226

Market cap$4.6M
EPS (ttm)−$3.48
P/E (ttm)−0.4796
ROE5,165.6%
P/B0.5393
P/S9.36
Dividend yieldDiv yield
Beta2.91vs XLK 0.19

No analyst consensus on record.

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25May '26Aug '26
Reported−$0.03$0.12−$0.14$0.03−$0.09−$0.08
Estimate
Surprise

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25May '26Aug '26
Reported$33.5K$14.3K$72.9K$144.9K$180.4K$176.2K
Estimate
Surprise
Estimate
Reported−$0.08
Estimate
Reported$176.2K
View details

Debt to equity166.90%
Current ratio157.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$50.7K$33.5K$14.3K$72.9K$144.9K−$10.1K$180.4K$176.2K
Net income−$33.3M−$927.1K$4.3M−$7.4M$1.4M−$4.9M−$4.7M−$4.0M
Net margin0.0%0.0%30,143.4%0.0%949.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$1.2M−$14.2M−$5.7M−$4.9M−$4.7M−$3.5M−$5.0M−$7.1M
YoY growth−136.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $887.0K · Total debt $13.4M · Total assets $30.1M · Shareholders' equity $8.1M

Revenue
$176.2K
Operating income
−$7.1M
Net income
−$4.0M
View details

No dividends on record.

Institutions14 holders · as of Mar 31, 20262.22%68.9K shares
Insiders8 holders · as of Aug 27, 202566.81%2.08M shares
Otherremainder30.97%963.6K shares

3.11M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Two share counts disagree (3.11M in the company's Sep 3, 2026 report, 2.76M elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Allen SalmasiInsiderdirector, officer: Chief Executive Officer
61.90%1.93MForm 4filed Aug 27, 2025
Kanishka RoyInsiderdirector
3.59%111,600Form 4filed Jan 6, 2025
Vanguard Capital Management LLCInstitution
0.84%519,53113Fas of Mar 31, 2026
Geode Capital Management, LLCInstitution
0.52%325,34213Fas of Mar 31, 2026
Michael SalmasiInsiderdirector, officer: Senior Vice President
0.50%15,472Form 4filed Sep 23, 2024
See all 22

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

ComparePre-market

CompanyPriceChange
Veea$1.70+4.29%$4.6M9.4+141.6%
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