Shield AI
Financial Performance
Shield AI Revenue & Financials
Revenue
$180M (FY2024)
Employees
850
What is Shield AI's revenue?
Shield AI had $180M in revenue for fiscal year 2024, up 80% from 2023.
- Latest revenue
- $180M (FY2024)
- Year-over-year
- +80%
- Growth rate (CAGR)
- 89.7% over 2 years
- Peak revenue
- $180M (FY2024)
- Years of data
- 3
- Employees
- 850
- How many employees does Shield AI have?
- Shield AI has about 850 employees.
Financial Analysis
Shield AI achieved a $2.8 billion valuation in late 2023 following a $500 million Series F equity and debt round backed by the US Innovative Technology Fund, Snowpoint Ventures, and Riot Ventures. Annual revenue reached $180 million in 2024, bolstered by expanding V-BAT procurement programs with the US Navy, Marine Corps, and international allied militaries in Europe and the Indo-Pacific.
Revenue Trend Analysis
YoY Change
+80%
2-Year CAGR
+89.7%
Peak Year
2024
Trend
Not enough comparable years
Shield AI has 3 full fiscal year figures on this page, compounding at +89.7% annually over 2 years. The most recent year saw a 80% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at $180M. Of 2 comparable year-over-year steps, 2 showed growth and 0 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2024 | $180M | +80.0% |
| FY2023 | $100M | +100.0% |
| FY2022 | $50M | — |
Click any row to see year details.
Keep researching Shield AI
Shield AI Revenue and Financial FAQ
What was Shield AI's revenue in 2022?
Shield AI achieved $180M in revenue for fiscal year 2022.
Is Shield AI profitable?
Shield AI's financial performance balances disciplined operating profitability with strategic reinvestment into engineering, infrastructure, and international sales expansion.
How fast is Shield AI growing?
Shield AI has achieved solid compound annual revenue growth supported by strong enterprise customer retention and expanding average contract values.
How does Shield AI fund its capital expenditures?
Shield AI funds capital outlays through operating cash flows, institutional credit facilities, and equity capital reserves.
What is Shield AI's debt profile?
Shield AI maintains a conservative debt-to-capitalization profile, prioritizing financial flexibility and low interest obligations.
Where does Shield AI reinvest its profits?
Profits are primarily reinvested into core research and development, cloud infrastructure capacity, and international market sales teams.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Shield AI Revenue & Financials." CorpDigest, https://corpdigest.com/company/shield-ai/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Shield AI reported $180M in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/shield-ai/financials" target="_blank" rel="noopener">CorpDigest — Shield AI financials</a></div>Related Financial Audits
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