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DVLT DVLT License — Cost Of Revenue

Other product segments

Live Events
$2.8M

Other financials

Income statement

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Revenue$3.4M+443%
Gross profit$111.0K+60.9%
Operating income-$31.0M-228%
Net income-$53.1M-456%
EPS (diluted)-$0.09+50.0%

Balance sheet

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Cash & equivalents$2.2M+1,189%
Total debt$4.4M+599%
Total equity$220.0M+169%
Total assets$250.1M+161%

Cash flow

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Operating cash flow-$8.7M-44.9%
CapEx$264.0K+408%
Free cash flow-$9.0M-48.0%

Valuation

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Market cap$299.45M+517%
Enterprise value$301.67M+522%
P/S7.2×-3.8×

Profitability

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Gross margin72.7%+55.4pp
Operating margin-696.6%-123pp
Net margin-294.3%-136pp
FCF margin-64.2%-30.5pp

Returns & leverage

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Return on equity-81.7%
Debt / equity0.0×
Current ratio4.6×+4.0×

Where this comes from

Reported directly by DVLT in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: DVLT’s 10-K, filed March 18, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DVLT's license — cost of revenue?
DVLT (DVLT) reported license — cost of revenue of $202.5K in Q4 2025.
What does license — cost of revenue mean?
This metric captures the direct costs incurred to deliver and support the company's licensed software and data management solutions. It includes expenses directly attributable to the generation of licensing revenue, such as hosting, technical support, and infrastructure maintenance. Monitoring this metric helps assess the direct profitability and operational efficiency of the licensing business segment.