Rezolve AI (RZLV) Q2 2025 earnings summary

Executive summary

• Achieved transformative growth in H1 2025, with revenue up 426% year-over-year to $6.3 million, surpassing analyst consensus of $5.1 million.

• Gross margin soared to 95.8%, far exceeding analyst expectations of 60%-70%.

• Raised 2025 ARR guidance to $150 million and set 2026 target at $500 million, driven by strong contracted recurring revenue and expanding enterprise customer base.

• Ended September with $230 million in cash following $250 million in oversubscribed financings, providing resources for further M&A and scaling.

• Over 100 enterprise customers now use the Brain Suite, including major global brands.

Financial highlights

• H1 2025 revenue reached $6.3 million, exceeding $5.1 million consensus and up 426% year-over-year.

• Gross profit margin was 95.8%, well above analyst expectations.

• Adjusted EBITDA loss of $17.7 million, better than the $18.7 million expected.

• Net loss was $57.8 million, largely due to non-cash or one-time charges; net loss per share was $0.25.

• Cash and equivalents at June 30, 2025: $9.86 million; post-Q3 financings, cash balance is $230 million.

Outlook and guidance

• Raised 2025 ARR exit guidance to at least $150 million, with $90 million already secured.

• 2026 ARR exit guidance set at $500 million, reflecting strong pipeline and demand.

• Professional Services expected to contribute 15%-30% of 2025 ARR, with lower margins (18%-45%) than SaaS.

• Profitability targeted by end of H1 2026, though timing may shift with accelerated sales investment.

• Plans to embed digital asset capabilities into Brain Checkout in the coming quarter.