VisionWave Holdings, Inc.

NasdaqGM:VWAV Stock Report

Market Cap: US$125.2m

VisionWave Holdings Past Earnings Performance

Past criteria checks 0/6

VisionWave Holdings's earnings have been declining at an average annual rate of -627.1%, while the Aerospace & Defense industry saw earnings growing at 20.3% annually.

Key information

-627.09%

Earnings growth rate

-457.07%

EPS growth rate

Aerospace & Defense Industry Growth5.38%
Revenue growth raten/a
Return on equity-26.52%
Net Marginn/a
Last Earnings Update31 Mar 2026

Recent past performance updates

No updates

Recent updates

Analysis Article Jun 18

VisionWave Holdings (VWAV) Stock Looks Cheap on P B After Eurosatory 2026 Debut

VisionWave Holdings (VWAV) is in focus after using Eurosatory 2026 in Paris to publicly show its VARAN autonomous unmanned ground vehicle, STRATUM AI management platform, and SDNN AI architecture to the global defense community. See our latest analysis for VisionWave Holdings. Alongside the Eurosatory reveal and new data center joint venture term sheet, VisionWave Holdings has seen short term momentum pick up, with a 7 day share price return of 16.06% and a 30 day return of 9.47%. However,...
Seeking Alpha Feb 06

VisionWave Holdings: AI Defense Hype With No Revenues Or Backlog

Summary VisionWave is a pre-revenue defense tech company aiming to commercialize AI-driven autonomous and counter-drone solutions. VWAV faces critical risks: no revenue path, no backlog, limited cash ($2.3M), and heavy reliance on dilutive financing. The company’s $175.1M market cap is unsupported by fundamentals; it would need $9–$45.5M in sales to justify current valuation. I rate VWAV a strong sell due to uncertain commercialization, high dilution risk, and lack of competitive differentiation or near-term catalysts. Read the full article on Seeking Alpha

Revenue & Expenses Breakdown

How VisionWave Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGM:VWAV Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 260-26171
31 Dec 250-13130
30 Sep 250-770

Quality Earnings: VWAV is currently unprofitable.

Growing Profit Margin: VWAV is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: Unable to establish if VWAV's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.

Accelerating Growth: Unable to compare VWAV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VWAV is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (23.6%).


Return on Equity

High ROE: VWAV has a negative Return on Equity (-26.52%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/20 21:09
End of Day Share Price 2026/06/18 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

VisionWave Holdings, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.