REZOLVE AI PLC Q2 FY2026 earnings call

• 2025 was an inflection point where Resolve AI moved from being an AI player to the essential logic of global commerce, exiting with a record ARR and over 950 enterprise customers.
• Driven by a dual engine of strategic acquisitions (Group Buy, Crown Peak, Reward) and massive organic scale, leveraging over 950 enterprise customers, direct sales, and partnerships with Microsoft and Google.
• Proprietary LLM brainpower is purpose-built for commerce with zero hallucination, outperforming general purpose models in benchmarking, and commanding a 90% plus core software margin.
• Secured a proprietary distributed blockchain database through the acquisition of SubSquid, SQD, and is executing a significant AWS playbook.

In 2025, Resolve AI achieved a total revenue of $46.8 million for the year. The December monthly recurring revenue was a record $19.4 million, establishing an annual recurring revenue (ARR) exit of $232.8 million, more than double the original guidance. Core software margins remain elite at over 90%. The revenue contribution comes from a hybrid approach of strategic acquisitions (contributing nearly $90 million to the $232 million ARR) and organic growth driven by over 950 enterprise customers, direct sales, and partnerships with Microsoft and Google.

Upgraded 2026 revenue guidance to $360 million, with a targeted ARR exit rate of $500 million. Prioritize aggressive investment in global sales organization and market expansion, fully funded with over $750 million in total funding and no intention to raise new equity for operational needs except for high value, profitable acquisitions.

No specific risks discussed in detail in the provided transcript, with a note that actual results may differ from forward-looking statements due to factors in SEC filings and earnings release.

Q: At the industry level, large AI market participants find retail e-commerce a challenging opportunity. Implications for Resolve AI?

A: Resolve has nearly 10 years of experience perfecting commerce in an AI world, understanding the complexity of commerce, and has a 10-year lead, seeing fruits in numbers.

Q: Thoughts on strategic partnership with Tether for stablecoin purchases?

A: ResolvePay is exciting, with no fees for merchants, expecting momentum this year and potential in coming years with 950 enterprise customers.

Q: Talk about sales cycle change as company is more successful?

A: Sales cycle typically 4 to 6 weeks up to 3 to 6 months depending on solution, some products deploy very fast.

Q: $500 million run rate guidance and 2026 revenue guidance, include additional M&A? Mix of services vs software?

A: 2026 $316 million EBITDA guidance does not include new acquisitions, mix is third organic sales, third partnership deals, third M&A.

Q: Biggest organic drivers and cross/sell upsells in 2025, and visible ones in 2026?

A: Upsells to acquisitions like Group Buy with AI-generated enhancements, organic growth to sign new customers and expand with existing, driven by 100x plus transactional activity volume.

Q: 2026 revenue outlook conviction, near-term vs medium-term upside?

A: High conviction with December 2025 monthly recurring revenue as audited number, purely executing existing to achieve 360 million revenue.

Q: Pricing and volume dynamic on tokens and API calls?

A: Search volume going 100x plus with agentic interaction, linear relationship between searches and revenue, consolidating legacy search companies to drive volume and upsell technology.

Q: Profitability, gross margin evolution in 2026, EBITDA in outlook?

A: Margin will improve as deploying more core agentic commerce platform, adjusted EBITDA improving since 2025 with execution of current business to deliver 360 million revenue