Forum Markets Reports Third Quarter 2026 Financial Results
Key Highlights
- ➤2026 revenue guidance cut to $8 million-$9 million from $18 million-$22 million
- ➤2027 revenue guidance maintained at $125 million-$175 million
- ➤Q3 net income $7.9 million versus $216.7 million loss year-over-year
- ➤Q3 Adjusted EBITDA $12.8 million, including $13.9 million digital-asset fair-value gain
- ➤Forum deployed approximately $23.7 million on two engines, expanding portfolio to five
Expert Statements
McAndrew Rudisill, Chairman and chief executive officer of Forum Markets
“Over the past three months, we established our AI infrastructure platform through our Forum Edge AI joint venture and made it the primary focus of our capital and our growth”
McAndrew Rudisill, Chairman and chief executive officer of Forum Markets
“We have established the foundation for what we believe can become a substantial AI infrastructure business.”
McAndrew Rudisill, Chairman and chief executive officer of Forum Markets
“The midterm elections significantly disrupted an already tightening AI compute market, accelerating rising costs for equipment, compute and financing,”
McAndrew Rudisill, Chairman and chief executive officer of Forum Markets
“These conditions increase the value of data center capacity that is already permitted, powered and built, which is exactly what Forum has.”
McAndrew Rudisill, Chairman and chief executive officer of Forum Markets
“Demand for our capacity is exceptionally strong, and we are in active discussions with multiple potential partners who want to secure it.”
McAndrew Rudisill, Chairman and chief executive officer of Forum Markets
“The question is not whether we can contract our capacity.”
McAndrew Rudisill, Chairman and chief executive officer of Forum Markets
“Our focus is to ensure we are contracting it on terms that make the most sense for Forum and its shareholders and to ensure we are building this business with a steady hand so that it is durable, scalable and profitable over the long term.”
Forum Markets Reports Third Quarter 2026 Financial Results PR Newswire
PALM BEACH, Fla., Nov. 12, 2026 /PRNewswire/ -- Forum Markets, Incorporated (Nasdaq: FRMM) ("Forum" or the "Company"), an innovator in sourcing and operating cash-generating assets in AI infrastructure, commercial aerospace, and AI-powered consumer finance, today reported financial results for the third quarter ended Sept. 30, 2026.
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