Fusemachines Reports Revenue Growth and Operating Loss Improvements in Q3 2026 Results
Key Highlights
- ➤Revenue $1.85M, up 2.8% quarter-over-quarter
- ➤Adjusted EBITDA loss narrowed 39.2% to $1.4M
- ➤GAAP net loss widened to $4.6M, including a $2.2M non-cash charge
- ➤Stockholders’ deficit reduced 52.7% to $8.2M
- ➤Going-concern disclosure cites substantial doubt and negative operating cash flow
Expert Statements
Sameer Maskey, Founder and Chief Executive Officer of Fusemachines
“Our 39.2% quarter-over-quarter improvement in our Adjusted EBITDA demonstrates the meaningful progress we are making in improving the financial and operational performance of Fusemachines”
Sameer Maskey, Founder and Chief Executive Officer of Fusemachines
“Our cost-reduction initiatives are delivering measurable results, allowing us to significantly reduce operating losses while continuing to grow revenue. We remain focused on building a more efficient operating structure, strengthening our financial position, and advancing our enterprise AI business.”
NEW YORK, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Fusemachines Inc. (Nasdaq: FUSE) (“Fusemachines” or the “Company”), a leading provider of enterprise AI products and services, today announced its financial results for the third quarter ended September 30, 2026, reporting significant improvements in operating performance, continued quarter-over-quarter revenue growth, and a strengthened stockholders’ equity position.
The Company’s GAAP loss from operations improved 14.0% to $2.3 million, while revenue increased 2.8% to $1.85 million. Its GAAP net loss was $4.6 million, compared with $2.8 million in the second quarter of 2026, and included a $2.2 million non-cash charge associated with the change in the fair value of its forward purchase derivative liability. The Company also reported a 39.2% quarter-over-quarter improvement in Adjusted EBITDA, a non-GAAP financial measure, with its Adjusted EBITDA loss narrowing to $1.4 million from $2.3 million in the second quarter of 2026.
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