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DVLT DVLT Operating margin

Operating margin at other companies

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11.5%+0.5pp
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-1.3%-0.5pp
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4.2%+0.1pp
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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
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

Calculated from DVLT’s reported figures.

Based on trailing twelve months.

The official record: DVLT’s 10-Q, filed November 14, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is DVLT's operating margin?
DVLT (DVLT) reported operating margin of -696.6% in Q3 2025.
How has DVLT's operating margin changed year-over-year?
DVLT's operating margin increased by 21.4% year-over-year, from -886.4% to -696.6%.
What is the long-term trend for DVLT's operating margin?
Over 4 years (2020 to 2024), DVLT's operating margin has grown at a 13.9% compound annual growth rate (CAGR), from -469.5% to -790.5%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.