Fusemachines Inc. (FUSE)

Fusemachines Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024
Period Ending	Dec 31, 2025	Dec 31, 2024
Revenue	7.71	8.81
Revenue Growth (YoY)	-12.45%	-
Cost of Revenue	3.41	3.98
Gross Profit	4.31	4.84
Selling, General & Admin	9.54	12.3
Research & Development	0.72	0.73
Total Operating Expenses	10.26	13.03
Operating Income	-5.95	-8.19
Interest Expense	-0.27	-0.23
Other Non-Operating Income (Expense)	5.3	-6.92
Total Non-Operating Income (Expense)	5.03	-7.16
Pretax Income	-0.93	-15.35
Provision for Income Taxes	0	0.03
Net Income	-0.93	-15.38
Minority Interest in Earnings	-	0
Net Income to Common	-0.93	-15.38
Shares Outstanding (Basic)	12	7
Shares Outstanding (Diluted)	12	7
Shares Change (YoY)	65.63%	-
EPS (Basic)	-0.08	-2.21
EPS (Diluted)	-0.08	-2.21
Shares Outstanding	28.94	13.21
Free Cash Flow	-5.58	-2.22
Free Cash Flow Per Share	-0.48	-0.32
Gross Margin	55.83%	54.87%
Operating Margin	-77.18%	-93.00%
Profit Margin	-12.03%	-174.58%
FCF Margin	-72.36%	-25.15%
EBITDA	-5.77	-8.02
EBITDA Margin	-74.73%	-90.97%
EBIT	-5.95	-8.19
EBIT Margin	-77.18%	-93.00%
Effective Tax Rate	-0.32%	-0.20%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q