Rezolve AI (RZLV) H2 2025 earnings summary

Executive summary

• Achieved record December monthly recurring revenue of $19.4 million, resulting in an exit ARR of $232.8 million, more than doubling original guidance for 2025.

• Total 2025 GAAP revenue reached $46.8 million, driven by 543% growth in the second half and rapid scaling to over 950 enterprise customers.

• Strategic acquisitions (GroupBy, Crownpeak, Reward) contributed nearly $90 million to ARR and enabled seamless migration of legacy customers to high-margin AI architecture.

• Platform processed 112.7B API calls and reached 59.8M consumer devices across 950+ enterprise clients.

• Secured over $750 million in total funding, including a $250 million raise in January, ensuring full funding for 2026 objectives.

Financial highlights

• 2025 GAAP revenue was $46.8 million, significantly above market consensus and up from $2.0 million in 2024.

• December 2025 monthly recurring revenue of $19.4 million supports a $232.8 million ARR run rate.

• Group GAAP gross margin was 66%, with core software margins exceeding 90%.

• Reported net loss of $101.4 million, improved from $173.5 million in 2024; cash and cash equivalents at year-end were $111.1 million.

• Achieved positive Adjusted EBITDA in December 2025, with $58 million Adjusted EBITDA for the year.

Outlook and guidance

• Upgraded 2026 revenue guidance to $360 million GAAP revenue and $500 million targeted ARR exit rate.

• Guidance does not include new acquisitions; based on existing business and organic momentum.

• High conviction in achieving 2026 targets due to $232 million contracted revenue base and strong organic growth.

• No plans to raise new operational equity; future equity use limited to profitable acquisitions.

• Confident in 7.5x year-over-year revenue growth for 2026, citing accelerated deployment cycles and superior unit economics.