While the company achieved a 95.6% gross margin in 2025Q2, this efficiency is currently negated by a $115.7 million net loss driven by excessive operating overhead.
| Sales/Revenue | 12.73M | 187.79K | 145.05K | 115.16K | 3.9M |
| Revenue Growth % | - | 29.46% | 25.96% | -97.05% | - |
| Cost of Goods Sold | 569.13K | 34.05K | 34.79K | 745.04K | 1.74M |
| COGS % of Revenue | - | 18.13% | 23.99% | 646.97% | 44.59% |
| Gross Profit | 12.16M | 153.74K | 110.26K | -630K | 2.16M |
| Gross Margin % | 95.53% | 81.87% | 76.01% | -547.07% | 55.41% |
| Gross Profit Growth % | - | 39.43% | 117.5% | -129.12% | - |
| Operating Expenses | 146.85M | 138.2M | 26.12M | 106.42M | 39.43M |
| OpEx % of Revenue | - | 73592.03% | 18005.39% | 92407.89% | 1009.77% |
| Selling, General & Admin | 139.18M | 137.72M | 24.72M | 90.98M | 38.97M |
| SG&A % of Revenue | - | 73335.89% | 17040.75% | 79002.94% | 997.98% |
| Research & Development | 0 | 0 | 0 | -467.56K | 0 |
| R&D % of Revenue | - | - | - | -406.02% | - |
| Other Operating Expenses | 2.14M | 481K | 1.4M | 15.9M | 460.49K |
| Operating Income | -130.34M | -138.04M | -26.01M | -107.05M | -37.26M |
| Operating Margin % | -1024.07% | -73510.02% | -17928.87% | -92954.96% | -954.36% |
| Operating Income Growth % | - | -430.81% | 75.71% | -187.27% | - |
| EBITDA | -126.18M | -137.82M | -25.76M | -106.8M | -36.83M |
| EBITDA Margin % | -991.36% | -73390.07% | -17761.78% | -92742.9% | -943.35% |
| EBITDA Growth % | - | -434.93% | 75.88% | -189.96% | - |
| D&A (Non-Cash Add-back) | 4.16M | 225.25K | 242.36K | 244.21K | 430.09K |
| EBIT | -133.72M | -162.04M | -26.01M | -106.79M | -37.26M |
| Net Interest Income | -6.87M | -10.56M | -4.79M | -3.88M | -301.59K |
| Interest Income | 1.24M | 0 | 0 | 0 | 0 |
| Interest Expense | 8.11M | 10.56M | 4.79M | 3.88M | 301.59K |
| Other Income/Expense | -64.45M | -34.56M | -4.67M | -3.63M | -482.5K |
| Pretax Income | -194.79M | -172.6M | -30.67M | -110.67M | -37.75M |
| Pretax Margin % | -1530.43% | -91913.22% | -21146.36% | -96105.59% | -966.72% |
| Income Tax | 1.23M | 44.93K | 63.41K | 38.77K | -26.75K |
| Effective Tax Rate % | -0.63% | -0.03% | -0.21% | -0.04% | 0.07% |
| Net Income | -196.02M | -172.65M | -30.74M | -110.71M | -37.72M |
| Net Margin % | -1540.06% | -91937.18% | -21189.79% | -96139.25% | -966.03% |
| Net Income Growth % | - | -461.71% | 72.24% | -193.52% | - |
| Net Income (Continuing) | -196.02M | -172.65M | -30.74M | -110.71M | -37.72M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.84 | -24.22 | -0.20 | -0.60 | -0.04 |
| EPS Growth % | - | -12010% | 66.67% | -1301.87% | - |
| EPS (Basic) | - | -24.22 | -0.20 | -5.35 | -0.04 |
| Diluted Shares Outstanding | 233.52M | 7.13M | 12.97M | 20.71M | 21.84M |
| Basic Shares Outstanding | 231.41M | 7.13M | 12.97M | 20.71M | 21.84M |
| Dividend Payout Ratio | - | - | - | - | - |
Extreme operating cash burn
As reported in the 2025Q2 financial statements, Rezolve AI achieved a significant revenue jump to $12.6 million, representing a 472.2% growth rate compared to previous periods, though this surge appears heavily tied to early-stage enterprise pilot projects rather than a stable, recurring software-as-a-service revenue stream.
The dramatic revenue acceleration suggests that the company is successfully moving from a pre-revenue phase into initial commercial deployment. However, investors should monitor whether this growth is sustainable or if it reflects one-time implementation fees that may not repeat in subsequent quarters.
Based on the 2025Q2 data, the company maintains a robust 95.6% gross margin, which indicates a highly scalable software delivery model, yet this efficiency is currently overshadowed by massive operating expenses that prevent the realization of any meaningful contribution to the bottom line.
The high gross margin profile is typical for specialized AI software providers, suggesting that the core technology has low incremental costs. The challenge remains whether the company can maintain these margins as it scales and potentially incurs higher cloud infrastructure or support costs.
According to recent SEC filings, the company's operating expenses, specifically the $73.8 million in SG&A recorded in 2025Q2, far outpace gross profit, resulting in a negative operating margin that highlights a lack of operational leverage during this aggressive expansion phase.
The current cost structure appears decoupled from revenue generation, indicating that the firm is prioritizing market penetration and infrastructure over immediate profitability. This level of spending warrants further investigation into the specific drivers of SG&A to determine if these costs are fixed or variable.
As indicated by the 2025Q2 net loss of $115.7 million, the quality of earnings is currently poor, heavily impacted by the significant administrative and operational overhead associated with the company's recent transition to a public entity and its complex capital structure.
The massive net loss suggests that the company is in a deep investment cycle where traditional EPS metrics are largely irrelevant. Investors should focus on the burn rate and the potential for non-cash charges related to warrant liabilities to reconcile the reported losses with actual cash usage.
Based on the provided financial data, the company's extreme operating burn relative to its cash position suggests a high risk of future dilution, as the current $9.45 million cash reserve appears insufficient to support the high SG&A levels observed in the most recent quarter.
Short-term viability is the primary concern, as the current trajectory of losses may necessitate additional capital raises that could significantly dilute existing shareholders. The market should scrutinize the company's ability to convert its pilot projects into high-margin, recurring revenue before the current liquidity buffer is exhausted.
Quick answers to the most common questions about buying RZLVW stock.
For fiscal year 2024, Rezolve AI Limited Warrants (RZLVW) reported total revenue of $0.2M. This represents a 95.2% decline compared to $3.9M in 2021.
Rezolve AI Limited Warrants (RZLVW) reported a net loss of $172.6M for the fiscal year ending 2024.
Rezolve AI Limited Warrants (RZLVW) reported an operating income of $-138.0M, resulting in an operating profit margin of -73510.0%. This margin reflects the operational efficiency of the business before interest and taxes.
Rezolve AI Limited Warrants (RZLVW) generated $0.2M in gross profit for the year, representing a gross profit margin of 81.9%. This demonstrates the company's core pricing power and production efficiency.