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Side-by-side financial comparison of DORCHESTER MINERALS, L.P. (DMLP) and Datavault AI Inc. (DVLT). Click either name above to swap in a different company.

DORCHESTER MINERALS, L.P. is the larger business by last-quarter revenue ($41.9M vs $33.8M, roughly 1.2× Datavault AI Inc.). DORCHESTER MINERALS, L.P. runs the higher net margin — 38.7% vs 2.0%, a 36.7% gap on every dollar of revenue. On growth, Datavault AI Inc. posted the faster year-over-year revenue change (3649.6% vs 5.4%). Over the past eight quarters, Datavault AI Inc.'s revenue compounded faster (1051.7% CAGR vs 16.2%).

Dorchester Minerals, L.P. is a publicly traded master limited partnership based in the United States. It acquires, owns, and manages a diversified portfolio of royalty interests, net profit interests, and mineral properties associated with oil, natural gas, and natural gas liquids production across key onshore U.S. energy basins, delivering stable cash flow returns to its unitholders.

Datavault AI Inc develops AI-powered data management and integration solutions, serving enterprise clients across the United States and North America. Its offerings help organizations unify disparate data assets, streamline analytics workflows, and accelerate machine learning model development and deployment.

DMLP vs DVLT — Head-to-Head

Bigger by revenue
DMLP
DMLP
1.2× larger
DMLP
$41.9M
$33.8M
DVLT
Growing faster (revenue YoY)
DVLT
DVLT
+3644.2% gap
DVLT
3649.6%
5.4%
DMLP
Higher net margin
DMLP
DMLP
36.7% more per $
DMLP
38.7%
2.0%
DVLT
Faster 2-yr revenue CAGR
DVLT
DVLT
Annualised
DVLT
1051.7%
16.2%
DMLP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DMLP
DMLP
DVLT
DVLT
Revenue
$41.9M
$33.8M
Net Profit
$16.2M
$661.0K
Gross Margin
89.3%
Operating Margin
12.3%
Net Margin
38.7%
2.0%
Revenue YoY
5.4%
3649.6%
Net Profit YoY
13.7%
110.4%
EPS (diluted)
$0.53

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DMLP
DMLP
DVLT
DVLT
Q4 25
$41.9M
$33.8M
Q3 25
$35.4M
$2.9M
Q2 25
$32.4M
$1.7M
Q1 25
$43.2M
$629.0K
Q4 24
$39.7M
$902.0K
Q3 24
$53.5M
$1.2M
Q2 24
$37.4M
$345.0K
Q1 24
$31.0M
$255.0K
Net Profit
DMLP
DMLP
DVLT
DVLT
Q4 25
$16.2M
$661.0K
Q3 25
$11.2M
$-33.0M
Q2 25
$12.3M
$-37.1M
Q1 25
$17.6M
$-9.6M
Q4 24
$14.2M
Q3 24
$36.4M
$-5.1M
Q2 24
$23.6M
$-42.7M
Q1 24
$18.2M
$2.7M
Gross Margin
DMLP
DMLP
DVLT
DVLT
Q4 25
89.3%
Q3 25
3.3%
Q2 25
2.0%
Q1 25
11.0%
Q4 24
24.6%
Q3 24
19.3%
Q2 24
3.2%
Q1 24
Operating Margin
DMLP
DMLP
DVLT
DVLT
Q4 25
12.3%
Q3 25
-508.1%
Q2 25
-718.1%
Q1 25
-1499.4%
Q4 24
Q3 24
-447.4%
Q2 24
-1566.7%
Q1 24
-1630.6%
Net Margin
DMLP
DMLP
DVLT
DVLT
Q4 25
38.7%
2.0%
Q3 25
31.5%
-1135.5%
Q2 25
38.1%
-2139.3%
Q1 25
40.9%
-1520.3%
Q4 24
35.9%
Q3 24
68.1%
-434.5%
Q2 24
63.2%
-12366.7%
Q1 24
58.6%
1061.6%
EPS (diluted)
DMLP
DMLP
DVLT
DVLT
Q4 25
$0.53
Q3 25
$-0.33
Q2 25
$-0.54
Q1 25
$-0.18
Q4 24
Q3 24
$-1.39
Q2 24
$-11.89
Q1 24
$-5.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DMLP
DMLP
DVLT
DVLT
Cash + ST InvestmentsLiquidity on hand
$41.9M
$2.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$238.0M
Total Assets
$309.6M
$274.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DMLP
DMLP
DVLT
DVLT
Q4 25
$41.9M
$2.0M
Q3 25
$41.6M
$1.7M
Q2 25
$36.5M
$662.0K
Q1 25
$41.5M
$171.0K
Q4 24
$42.5M
$3.3M
Q3 24
$56.5M
$3.9M
Q2 24
$35.2M
$6.1M
Q1 24
$37.7M
$2.8M
Stockholders' Equity
DMLP
DMLP
DVLT
DVLT
Q4 25
$238.0M
Q3 25
$99.5M
Q2 25
$74.1M
Q1 25
$81.7M
Q4 24
$85.7M
Q3 24
$4.3M
Q2 24
$6.4M
Q1 24
$-2.7M
Total Assets
DMLP
DMLP
DVLT
DVLT
Q4 25
$309.6M
$274.7M
Q3 25
$330.4M
$138.7M
Q2 25
$325.6M
$120.7M
Q1 25
$349.0M
$95.7M
Q4 24
$366.8M
$100.6M
Q3 24
$403.4M
$8.0M
Q2 24
$176.0M
$10.6M
Q1 24
$184.8M
$6.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DMLP
DMLP
DVLT
DVLT
Operating Cash FlowLast quarter
$34.3M
$-406.0K
Free Cash FlowOCF − Capex
$-734.0K
FCF MarginFCF / Revenue
-2.2%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
2.12×
-0.61×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DMLP
DMLP
DVLT
DVLT
Q4 25
$34.3M
$-406.0K
Q3 25
$34.3M
$-10.4M
Q2 25
$30.5M
$-6.8M
Q1 25
$33.4M
$-6.0M
Q4 24
$31.5M
$-17.5M
Q3 24
$43.7M
$-4.2M
Q2 24
$29.4M
$-5.5M
Q1 24
$28.0M
$-3.5M
Free Cash Flow
DMLP
DMLP
DVLT
DVLT
Q4 25
$-734.0K
Q3 25
Q2 25
Q1 25
$-6.1M
Q4 24
$-17.6M
Q3 24
$-4.2M
Q2 24
$-5.5M
Q1 24
$-3.5M
FCF Margin
DMLP
DMLP
DVLT
DVLT
Q4 25
-2.2%
Q3 25
Q2 25
Q1 25
-966.0%
Q4 24
-1946.9%
Q3 24
-361.7%
Q2 24
-1599.7%
Q1 24
-1390.6%
Capex Intensity
DMLP
DMLP
DVLT
DVLT
Q4 25
1.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
8.3%
Q4 24
3.9%
Q3 24
0.7%
Q2 24
4.1%
Q1 24
2.4%
Cash Conversion
DMLP
DMLP
DVLT
DVLT
Q4 25
2.12×
-0.61×
Q3 25
3.07×
Q2 25
2.47×
Q1 25
1.89×
Q4 24
2.21×
Q3 24
1.20×
Q2 24
1.25×
Q1 24
1.54×
-1.31×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DMLP
DMLP

Royalties$34.0M81%
Other$7.8M19%

DVLT
DVLT

Eos Technology Holdings Inc.$30.0M89%
Consumer Audio Products Components And Other Revenue Net$3.2M9%

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