Rezolve Ai Stock Drops Despite Strong First-Half Revenue Growth
Rezolve Ai (RZLV) stock fell 7.96% pre-market despite strong first-half revenue growth, declining to $2.66 from a previous drop of 2.69%. The company attributed its significant revenue increase to product adoption, acquisitions, and enterprise distribution.
In the first half of the year, Rezolve's revenue reached $130.8 million, up approximately 1,970% from $6.3 million during the same period last year. Gross profit was $63.9 million, with a gross margin of 48.9%. However, Rezolve recorded non-cash charges totaling $67.5 million.
Rezolve's customer base surpassed 1,640, up from over 950 at the end of 2025. The company also secured partnerships with Google, Microsoft, Tata Consultancy Services, and Tech Mahindra for enterprise distribution. Google deployed Rezolve's technology across Web3 data infrastructure at scale, indexing and processing about 100 terabytes of data across ten blockchain networks.
Rezolve expects stronger second-half revenue due to increased retail activity during peak holiday periods and growth from enterprise deployments and partner-led sales. The company maintains its full-year revenue target of approximately $360 million and aims for at least $500 million in annual recurring revenue by the end of 2026.