Datavault AI Inc. (DVLT) just gave investors something to get excited about. The company announced Tuesday it's raising its preliminary fiscal 2025 revenue outlook to $38-40 million, up from a previous $30 million forecast, while keeping its ambitious $200 million target for fiscal 2026 firmly in place.
What's driving the upgrade? A flurry of deal-making in the fourth quarter that brought in $49 million worth of tokenization and technology licensing agreements. According to a February 5 stockholder letter, those contracts will flow through both 2025 and 2026 results, giving the company a healthy revenue runway.
CEO Nate Bradley credited the higher 2025 numbers to tech licensing fees and tokenization work handled by the company's data science team. "2025 was marked by numerous new customer wins spanning a wide spectrum of industries," Bradley explained, pointing out that many clients have expanded beyond initial pilot projects into full-scale enterprise AI and tokenization deployments.
The Math Behind the Momentum
The numbers here are genuinely eye-popping. At the midpoint of the updated range, Datavault is projecting roughly 1,300% year-over-year growth. For context, the company pulled in just $2.7 million in fiscal 2024 revenue. Hitting that $200 million mark in 2026 would mean a fivefold jump from 2025 levels—somewhere around 400% to 440% growth.
In its February 5 letter, the company laid out plans to scale secure communications, storage, near-edge compute, and data processing infrastructure, targeting deployment across 100 U.S. cities throughout 2026.
Datavault expects to file audited 2025 financials with the SEC next month. Management did caution that current figures remain preliminary and unaudited.
Deal Flow and Strategic Wins
The revised 2025 guidance represents an $8-10 million boost driven by licensing, tokenization, and monetization services. The February 5 update also showcased a string of commercial milestones: WiSA E integration with Sagemcom, new WiSA mobile apps, a multi-year IP licensing agreement with NYIAX, nine patent notices including one for carbon credit tokenization, a $150 million strategic investment from Scilex Holding Company, and tokenization agreements with Triton Geothermal and MTB Mining Limited.
Datavault AI shares edged up 1.82% to $0.80 during premarket trading on Tuesday.
