Rezolve AI PLC (RZLV -17.30%) stock tumbled 19.2% through 10:40 a.m. ET Tuesday after reporting an "approximately 1,970%" increase in sales for the first half of 2026.
Which seems like a strange reaction to 20-fold growth. Is it wrong?
Image source: Getty Images.
Rezolve Q2 earnings
When last we heard from Rezolve in June, the UK-based artificial intelligence company was promising to "reshape ... the approximately $30 trillion global retail industry with leading industry forecasts," predicting "AI and agentic commerce could mediate between $3 trillion and $5 trillion of global commerce by 2030."
Those are some big numbers. In Q1 2026, Rezolve's own piece of this market was still only $60 million -- but already more than the $47 million the company collected in revenue in all of 2025!
Three months later, Rezolve just grew its quarterly revenue 18% sequentially to $70.8 million, bringing its total for the first half to $130.8 million. What's more, management says its revenue is "seasonally weighted toward H2," implying the last two quarters of this year should be even stronger than the first two.
NASDAQ: RZLV
Key Data Points
What's next for Rezolve stock
Rezolve isn't yet GAAP profitable. The company earned a 48.9% gross profit margin in H1, but operating costs and charges put its bottom line deep in the red -- a $139.5 million net loss, or more than twice last year's H1 loss.
That's probably the reason Rezolve stock is down so much.
That said, management seems confident in its business plan. Turning to guidance, Rezolve predicts it will collect $360 million in revenue and exit the year with a $500 million annual recurring revenue run rate. That won't be enough to turn the company profitable this year (or next year either, according to analysts).
But maybe in 2028? Fingers crossed!
