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Earnings call · Jun 2026 (Q2 FY26)

Datavault AI Q2 FY26 earnings call DVLT

Aug 19, 2026 Source

Executive summary

Datavault AI Q2 FY26 — Reaffirmed FY26 Revenue Target Amidst Strategic Acquisitions and Exchange Launch Preparations

Datavault AI reaffirmed its full-year 2026 revenue target, driven by strategic acquisitions like BankWise and CyberCatch, and the imminent mid-September launch of its digital asset exchanges. The company is building a quantum-ready AI supercompute network through an exclusive partnership with Available Networks, focusing on data monetization and real-world asset tokenization. Regulatory clarity, particularly the Genius Act, is seen as a tailwind for its American-built exchanges, which are designed to be compliant and robust.

Highlights

5

  • Reiterated $200 million target revenue for FY26, demonstrating confidence in future performance.

  • Secured $2.5 billion in signed contracts for tokenization business, representing $213 million in future fees.

  • Acquired BankWise (to become DataVault Bank) with a Wyoming State Bank Charter, enabling data monetization services.

  • Acquired CyberCatch, a quantum-ready security system, to enhance cybersecurity offerings and integrate into DataVault.

  • Achieved a balance sheet enhancement of $100 million to $150 million through a Vivisol stock conversion into Phoenix Asia Holdings stock.

Concerns

4

  • Current share price of $8.55 is below NASDAQ's $1.00 minimum, leading to a delisting threat, though an exemption is in place until February.

  • Significant share dilution with expected 1 billion shares outstanding by quarter-end, up from $8.55 currently outstanding, due to acquisitions and financing.

  • Revenue recognition for tokenomics is new and subject to legal and regulatory challenges, requiring extreme caution and expert oversight.

  • The majority of the $200 million FY26 revenue target is back-half weighted, with a very significant bump expected in Q4.

Guidance & targets

CategoryTargetConfidence
Target Revenue
$200 million
high materiality
High

Segment performance

SegmentRevenueYoYQoQMargin
Acoustic Science
Predominantly contributed to the Q2 revenue. Driven by intellectual property and capability. Not compelled to spin out at the moment due to synergy with Data Science.
Patents: over 100 (combined with Data Science)Industrial standard: foundational to an industrial standard within acoustics
————
Data Science
Expected to contribute to the $200 million FY26 revenue target. Includes the AI platform, tokenomics, and exchange operations. Had additional licensing revenue in Q2.
Patents: over 100 (combined with Acoustic Science)Revenue streams: IP licensing, tokenization and services, exchange revenue
————

Orderbook & backlog

Signed contracts for tokenization business $2.5 billion current

Represents demand for funding through tokenization. Includes $1.5 billion for mining and rare earth mineral aspect, with other agreements for real estate, tort law, music catalog royalties, and energy.

Product announcements

ProductTypeDetails
DataVault AIP (AI Platform)launch
DataVault Bank (formerly BankWise)launch
CyberCatch software integrationlaunch
Information Data Exchangelaunch
International Elements Exchangelaunch
NIACs (advertising exchange)launch
American Political Exchangelaunch

Deals & partnerships

Available Networks Exclusive partnership for building America's first AI supercompute network and tokenomic management of compute consumption.

Available Networks is building over 100 cities and 1,000 locations for the network. DataVault AI manages tokenomics for metering and controlling access to their systems via Project Questrel.

BankWise Acquisition of a bank with a Wyoming State Bank Charter to create DataVault Bank for data monetization services.

BankWise will be renamed DataVault Bank upon regulatory approval. Infused with human talent, including CEO Julie Fellows.

CyberCatch Acquisition of a quantum-ready security system to enhance cybersecurity offerings and integrate into DataVault. $94.5 million

CyberCatch system is infused with talent, including CEO Sai Huda. Will allow clients to keep digital assets safe and repel cyber attacks.

NIACs Acquisition related to the NIACs advertising exchange. $79 million

Transaction closed in Q2/early Q3. The NIACs advertising exchange will be launched in mid-September.

Silex Licensing of DataVault AI technology for the creation of a biotech exchange.

Silex has licensed technology for a biotech exchange. Also involved in a $120 million rev share deal for funding Sanctum and a $50 million Bitcoin purchase.

DataMeds Licensing of DataVault AI technology for data monetization within the medical field.

DataMeds has licensed technology for medical data monetization.

Vivisol Special licensing relationship to monetize medical images and quantum scans.

Vivisol will monetize medical images and quantum scans, which are expected to become valuable medical artifacts. Involved a stock swap of 50 million shares of DataVault AI for 50 million shares of Vivisol.

Patriot Metals Customer for the International Elements Exchange, enabling participation in a large opportunity around rare earth and strategic metals.

Patriot Metals is a well-positioned organization with government contracts into the Department of Strategic Capital for the acquisition of strategic metals.

IBM Investment and engineering commitment for the development of DataVault AI's platforms. $5 million+

IBM has provided investment and engineering support for over a year, contributing to the readiness of the platforms.

Fiserv Corporation Integration for banking architecture and seamless interactions between banking and DataVault.

Integration will allow connecting debit accounts or bank accounts directly to DataVault, managing debit cards and other banking features.

Hulmex European firm partnership for further information access, balance sheet enhancement, and capital. $25 million (partially funded)

Actively discussing funding the remaining $20 million and going live. European firm.

Risks & headwinds

NASDAQ delisting threat Exemption through February

Current stock price of $8.55 (below $1.00 minimum)

Mitigation:Resisting reverse stock split; focusing on posting results and revenues to hit guidance and increase stock price. Relying on institutional buying and powerful stock creation.

Share dilution Q2 FY26

Expected 1 billion shares outstanding by quarter-end (up from $8.55 currently outstanding)

Mitigation:Majority of acquisition activity concluded; rapid growth in shares outstanding should abate going forward. Focus on driving revenue in H2 FY26 and 2027.

Revenue recognition challenges for tokenomics Ongoing

New to auditors, SEC, and many aspects of the industry

Mitigation:Being extremely careful to get proper experts and regulatory approval; conservative approach to revenue recognition. Focus on legal and regulatory clarity.

Back-half weighted revenue for FY26 target Q3 and Q4 FY26

Very significant bump in Q4 needed to hit $200 million target

Mitigation:Mid-September exchange launch expected to drive Q3 bump; multiple announcements planned for Q3 to reveal revenue recognition from IP licensing and tokenization.

What to watch in Q3 FY26

Exchange launch and activation

Q3 FY26
Current Mid-September launch planned
Target Exchanges active and clearing backlogged opportunities

Why it matters

The successful launch and activation of the exchanges are critical for realizing revenue from IP licensing, tokenization, and exchange fees, which are heavily weighted to the second half of FY26.

In the middle of September, all exchanges will launch. Our licensed exchanges will become active, and we'll be able to clear a number of backlogged opportunities within our exchange and data sciences division.

Q&A highlights

What is the status of getting the exchanges up and running, including software development and reliance on the Clarity Act? Is the mid-September launch contingent on the Clarity Act?

The platforms are ready, with over $5 million in IBM investment and engineering support. The main remaining integration is with Fiserv for direct bank account connection, expected by mid-September. The system is not dependent on the Clarity Act for launch, but the Act will expand digital assets and provide regulatory clarity for complex transactions. The Genius Act already enables the Information Data Exchange and NIL exchange. Revenue recognition from IP licensing and tokenization is expected to significantly impact Q3.

“The entire system really is not dependent on the Clarity Act whatsoever. Clarity Act will allow us to expand the amount of digital assets that we're able to put onto our exchanges and it gives us more flexibility and clarity with respect to how to handle complex transactions in token and also manage that from a regulatory standpoint in a compliant modality.”

asked by Barry Sine · answered by Nathaniel Bradley

2 min read 5 chapters

Detailed narrative

AI Platform and Quantum Readiness

Datavault AI has developed an artificial intelligence platform within its DataVault QPN (quantum private network), designed to control, contain, and repel cybersecurity attacks. This platform allows customers to value and score data at the edge of the Internet. The company is a key partner of Available Networks, which is building America's first AI supercompute network across over 100 cities and 1,000 locations, with fully operational nodes already in Philadelphia, New York, and Washington D.C. The network is quantum-ready and equipped with IBM Watsonx technology, with an AI-agnostic system supporting Anthropic and ChatGPT.

Tokenomics and Real-World Asset (RWA) Monetization

The company emphasizes the growing market for tokenomics, citing over $18.9 trillion worth of RWA tokenomics currently underway. Datavault AI aims to be a major player, positioning itself as the number one international reference for RWA and rare earth tokenomics. Its DataVault AIP is described as the leading tokenomic IP stack, featuring international KYC capabilities from CLEAR and integration with NASDAQ financial infrastructure for trading. The company has signed contracts to issue $2.5 billion worth of tokens, generating $213 million in fees, across diverse areas including mining, real estate, tort law, music catalog royalties, and energy.

Strategic Acquisitions and Integrations

Datavault AI has made several strategic acquisitions to enhance its platform. It acquired BankWise, a Wyoming State Bank Charter special purpose depository institution, which will be renamed DataVault Bank. This acquisition aims to create a 'third bank account' for Americans to value, score, and monetize their data assets. The company also acquired CyberCatch, a quantum-ready security system, which will be infused into every DataVault to provide cybersecurity protection. Fiserv integration is expected by mid-September to enable seamless banking interactions and debit card management within the DataVault platform.

Exchange Launches and Licensing Deals

The company plans to launch multiple exchanges in mid-September, coinciding with the expected passage of the Clarity Act. These include the Information Data Exchange for data monetization, the International Elements Exchange for RWA and strategic minerals (partnering with Patriot Metals), the NIACs advertising exchange, and the American Political Exchange. Additionally, Datavault AI has licensed its technology to Silex for a biotech exchange, DataMeds for medical data monetization, and Vivisol for monetizing medical images and quantum scans. The Vivisol deal also provided a balance sheet enhancement through a stock swap.

Intellectual Property and Regulatory Environment

Datavault AI holds over 100 foundational patents protecting its inventions across both its acoustic science and data science divisions. The acoustic science division, known for its WiSA and audio operations, contributes to an industrial standard in acoustics. The company views regulatory tailwinds, such as the Genius Act (already law) and the pending Clarity Act, as crucial for its operations. It is focused on Genius Act compliance for its exchanges and is being extremely careful with legal and regulatory aspects of tokenomics.

AI-generated summary of the company's earnings call. Not investment advice.