Rezolve AI (RZLV) H1 2026 earnings summary

Executive summary

• Revenue for H1 2026 surged to $130.8 million, up 1,970% year-over-year, with the customer base expanding to over 1,640 from just over 950 at year-end.

• Strategic partnerships with Microsoft, Google, Tata Consultancy Services, and Tech Mahindra are driving global distribution and enterprise deployments.

• Google's selection and infrastructure-level deployment of proprietary distributed database technology validates the platform and opens new licensing opportunities.

• The business is transitioning from direct sales to a partner-led distribution model, enhancing scalability and reach.

• The company reaffirmed full-year 2026 revenue guidance of approximately $360 million and targets at least $500 million ARR exiting the year.

Financial highlights

• H1 2026 revenue reached $130.8 million, compared to $6.3 million in H1 2025.

• Gross profit was $63.9 million with a gross margin of 48.9%.

• Operating loss for H1 was $128.1 million, including $41.5 million in share-based compensation and $20.4 million in depreciation/amortization.

• Net loss for H1 was $139.5 million, with adjusted EBITDA loss at $32.6 million.

• Raised approximately $250 million in gross equity capital during H1 2026; cash and equivalents at June 30, 2026, totaled $33.2 million, with $67.4 million in restricted cash.

Outlook and guidance

• Full-year 2026 revenue guidance reaffirmed at approximately $360 million, with H2 expected to contribute $229 million.

• Targeting at least $500 million ARR by year-end 2026.

• Second half expected to benefit from seasonality, expanded customer base, and partner-led distribution.