Rezolve AI (RZLV) Q4 2025 earnings summary

Executive summary

• Achieved $46.8M GAAP revenue for 2025, surpassing market expectations and prior guidance, with December MRR at $19.4M and ARR at $232.8M, more than doubling original 2025 guidance.

• Second-half 2025 revenue grew 543% over the first half, driven by rapid scaling to over 950 enterprise customers and live enterprise deployments.

• Strategic acquisitions (GroupBy, Crownpeak, Reward) contributed nearly $90M to ARR, expanded reach into global banks and payment networks, and enabled seamless migration to high-margin AI architecture.

• Platform processed 112.7B API calls, reached 59.8M devices, and triggered 306.7M geofences across 950+ enterprise clients.

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

Financial highlights

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

• December 2025 MRR of $19.4M supports a $232.8M ARR run rate.

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

• Reported net loss of $101.4M, improved from $(173.5)M in 2024; Adjusted EBITDA loss of $(59.0)M for 2025.

• Cash and equivalents at year-end: $111.1M.

Outlook and guidance

• 2026 revenue guidance raised to $360M GAAP revenue and $500M targeted ARR exit rate, underpinned by $232M contracted revenue.

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

• Confident in 7.5x year-over-year revenue growth for 2026, citing accelerated deployments and strong balance sheet.

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

• Profitability is achievable but not prioritized for 2026, as focus remains on aggressive investment in global sales and expansion.