Veea Q2 FY26 net loss narrows 46% to $4.03 million; net sales more than doubled to $176,221
VEEA•Q2 FY26 results
Veea posted a GAAP net loss of $4.03 million for the quarter ended June 30, 2026, narrowing from $7.41 million.
Net sales more than doubled to $176,221, up 142% year over year.
Nasdaq listing update
Nasdaq approved a transfer to the Nasdaq Capital Market, granting until Sept. 28, 2026 to regain the $1 minimum bid price.
Costs and operating loss
Operating loss widened to $7.14 million from $4.92 million as operating expenses rose to $7.28 million.
General and administrative costs climbed to $6.76 million, up 42%, on higher accounting and legal expenses tied to Nasdaq listing compliance.
