Rezolve AI Stock Plummets 20% on Wider Net Loss
Rezolve AI's stock plummeted nearly 20% in morning trade on Tuesday after reporting a wider net loss for the first half of 2026. The company's net loss widened to $139,478, more than double the $57,800 loss from a year earlier.
Despite this, Rezolve maintained its revenue guidance of approximately $360 million for fiscal 2026 and reiterated its target of at least $500 million in annual recurring revenue (ARR) by the end of the year. CEO Daniel Wagner said the company has more infrastructure licensing agreements in the pipeline following its partnership with Google, describing it as 'the beginning of this opportunity, not its conclusion.'
Wagner added that Microsoft, Tata Consultancy Services, and Tech Mahindra would provide Rezolve with global routes to enterprise customers. The company's first-half AI revenue climbed to $130.78 million, nearly 21 times the $6.3 million reported a year earlier.