Earnings ·
Fusemachines reports Q3 revenue of $1.85M and adjusted EBITDA loss narrowing 39.2% to $1.4M
FUSEFusemachines Inc.
Fusemachines Inc. reported third-quarter 2026 financial results showing a 2.8% sequential increase in revenue to $1.85 million, driven by cost-reduction initiatives that lowered operating expenses by 9.8%. The company's GAAP loss from operations improved 14.0% to $2.3 million, while the adjusted EBITDA loss narrowed significantly by 39.2% quarter-over-quarter to $1.4 million. However, the GAAP net loss widened to $4.6 million due to a $2.2 million non-cash charge related to forward purchase derivative liabilities. Stockholders' equity improved by $9.1 million, reducing the deficit to $8.2 million, though the company continues to face substantial doubt regarding its ability to continue as a going concern. Fusemachines Inc. is a global provider of enterprise AI products and services.