Fusemachines Inc. (FUSE) Revenue History
Annual and quarterly revenue from 2022 to present
FUSE Revenue Over Time (2022–2025)
FUSE Revenue Growth History
2 of 3 years with positive growth- FY2022 revenue growth
- N/A
- FY2023 revenue growth
- +8.2%
- FY2024 revenue growth
- +7239.4%
- FY2025 revenue growth
- -98.6%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $1.9M | -3.8% |
| Q4 2025 | $7.7M | +255.5% |
| Q3 2025 | $0 | -100.0% |
| Q2 2025 | $0 | -100.0% |
| Q1 2025 | $2.0M | +1.9% |
| Q4 2024 | $2.2M | — |
| Q3 2024 | $135.5M | — |
| Q2 2024 | $130.8M | — |
Multi-year avg. share of annual revenue by fiscal quarter
FUSE Revenue Analysis (2022–2025)
Current Revenue & Growth
As of June 8, 2026, Fusemachines Inc. (FUSE) generated trailing twelve-month (TTM) revenue of $9.6 million, reflecting slight decline in growth of -3.8% year-over-year. The most recent quarter (Q1 2026) recorded $1.9 million in revenue, down 75.6% sequentially.
Historical Growth Trajectory
FUSE's historical revenue data shows a 3-year CAGR of +3.9%. Fusemachines Inc.'s highest annual revenue of $545.9 million was recorded in 2024.
Peer Comparison
Compared to Technology sector peers — including BBAI (-20.3% YoY), AEYE (+11.6% YoY), and AIOT (+66.3% YoY) — FUSE has underperformed the peer group in revenue growth. Compare FUSE vs BBAI →
FUSE Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
 FUSECurrent | $10M | -3.8% | - | -77.2% | |
 BBAI | $128M | -20.3% | +6.9% | -65.3% | |
 AEYE | $40M | +11.6% | +14.5% | -7.9% | |
 AIOT | $363M | +66.3% | +34.6% | -7.1% | |
 AIXI | $12M | -22.9% | -2.3% | -783.6% | |
 SOUN | $169M | +80.0% | +67.0% | -13.8% |
FUSE Historical Revenue Data (2022–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $7.7M | -98.6% | $4.3M | 55.8% | $-5,954,000 | -77.2% |
| 2024 | $545.9M | +7239.4% | $409.3M | 75.0% | $-2,263,849 | -0.4% |
| 2023 | $7.4M | +8.2% | $4.2M | 57.0% | $-5,285,000 | -71.1% |
| 2022 | $6.9M | - | $4.8M | 69.2% | $-696,000 | -10.1% |
What if you invested $1,000 in FUSE back in 2022?
Total return with dividends reinvested · 4+ years of data
Calculate ReturnsHow much would $100/month in FUSE be worth today?
Dollar cost averaging vs lump sum · see how regular investing compounds over time
Run the NumbersIs FUSE Undervalued Right Now?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationHow does FUSE stack up against peers?
Compare business quality, growth, and profitability against top sector peers.
Compare NowFUSE — Frequently Asked Questions
Quick answers to the most common questions about buying FUSE stock.
Is FUSE's revenue growth accelerating or slowing?
FUSE revenue growth is slowing. TTM revenue is $10M, up -3.8% year-over-year — below the 5-year CAGR of N/A. The deceleration suggests maturing end-markets or increased competition.
What is FUSE's revenue history from 2022 to 2026?
Fusemachines Inc. (FUSE) revenue history spans 2022 to 2026. TTM revenue as of 2026 is $10M, growing at -3.8% YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is FUSE's long-term revenue growth rate (CAGR)?
Fusemachines Inc.'s 5-year revenue CAGR of N/A reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -3.8% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for FUSE.
Why does FUSE's quarterly revenue fluctuate?
FUSE quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Fusemachines Inc.'s revenue data from 2022 to 2026 shows full historical quarterly detail on this page.
How is FUSE's revenue distributed by segment?
FUSE reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does FUSE's revenue compare to industry peers?
Fusemachines Inc. (FUSE) with TTM revenue of $10M and -3.8% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.