Stocks·NASDAQ:RZLV

Rezolve AI (RZLV)

OverviewFinancialsOwnersFilings
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Cash and short-term investments$111MDebt: $50.5M

My take

No average analyst target in this video.

Every video where I mention RZLV

The last 12 months

  1. Oct 13, 2026VideoMy video: Why This $2 AI Stock Has a $9 Price Target (RZLV)
  2. Oct 8, 20266-KReport from a foreign company: 6-K
  3. Oct 7, 20266-KReport from a foreign company: 6-K
  4. Sep 1, 20266-KReport from a foreign company: 6-K
  5. Aug 6, 20266-KReport from a foreign company: 6-K
  6. Aug 5, 20266-KReport from a foreign company: 6-K
  7. Jul 27, 20266-KReport from a foreign company: 6-K
  8. Jul 21, 20266-KReport from a foreign company: 6-K
  9. Jul 1, 20266-KReport from a foreign company: 6-K
  10. Jun 12, 20266-KReport from a foreign company: 6-K
  11. Jun 5, 20266-KReport from a foreign company: 6-K
  12. Apr 30, 20266-KReport from a foreign company: 6-K
  13. Apr 29, 20266-KReport from a foreign company: 6-K
  14. Apr 15, 20266-KReport from a foreign company: 6-K

All filings →

Revenue by year
2023: $145K20232024: $2.01M20242025: $46.8M2025$46.8M
Show the numbers
Revenue by year
2023$145K
2024$2.01M
2025$46.8M
Operating income (loss) by year profit from the business before interest and taxes
2023: -$26M20232024: -$139M20242025: -$86.9M2025-$86.9M
Show the numbers
Operating income (loss) by year
2023-$26M
2024-$139M
2025-$86.9M
Free cash flow by year cash from operations minus spending on buildings and equipment
2023: -$13M20232024: -$22.4M20242025: -$63.2M2025-$63.2M
Show the numbers
Free cash flow by year
2023-$13M
2024-$22.4M
2025-$63.2M
Cash vs. debt

Cash and short-term investmentsDebt

2023 · Cash and short-term investments: $9.40M2023 · Debt: $020232024 · Cash and short-term investments: $9.73M2024 · Debt: $6.43M20242025 · Cash and short-term investments: $111M2025 · Debt: $50.5M2025
Show the numbers
Cash and short-term investmentsDebt
2023$9.40M$0
2024$9.73M$6.43M
2025$111M$50.5M
How it makes money: FY 2025 revenue by region; the thin line is a year earlier
  • United Kingdom and Europe$23.3M 50% +12331% vs. a year ago
  • North America$19.9M 42% +1807% vs. a year ago
  • Asia Pacific$3.60M 8% +359% vs. a year ago

From the 20-F filed Mar 30, 2026. Source.

Stock pay vs. buybacks

Stock-based pay to employeesSpent buying back shares

2023 · Stock-based pay to employees: $3.27M2023 · Spent buying back shares: $020232024 · Stock-based pay to employees: $63M2024 · Spent buying back shares: $020242025 · Stock-based pay to employees: $6.40M2025 · Spent buying back shares: $02025
Show the numbers
Stock-based pay to employeesSpent buying back shares
2023$3.27M$0
2024$63M$0
2025$6.40M$0

If buybacks are smaller than stock pay, the buyback isn't shrinking the share count; it's soaking up shares handed to employees.

Compare RZLV with other stocks →

From the company's own SEC filings via SEC EDGAR, latest period ended Dec 31, 2025. Numbers can be restated later. Not investment advice.

Dilution

Foreign companies report shares and ADSs in mixed ways, so the share count isn't charted here.

Insider trades

Insider buys, 12 months2$3.25M
Insider sales, 12 months0none

Bought or sold on the open market

DateWhoWhatSharesValueFiling
Apr 2, 2026Daniel Maurice Wagner
Chief Executive Officer, Director, 10% owner
Bought on the market
2 trades that day
813K$3.25MForm 4
Everything else: grants, option exercises, tax withholding (2)
DateWhoWhatSharesValueFiling
Jul 10, 2026Daniel Maurice Wagner
Chief Executive Officer, Director, 10% owner
W544Kn/aForm 4
May 13, 2026Stephen Perry
Director
Grant or award95.6K$266KForm 4

An insider buying with their own money is a stronger signal than a sale: people sell for taxes, houses and diversification. "Planned" sales were scheduled months ahead under a 10b5-1 plan. Source: SEC Form 4.

Famous investors who own it

None of the 18 famous investors I track owned RZLV at their last 13F. Who I track.

Failed trades

Failed trades (fails to deliver) shares that weren't delivered on time when a trade settled
Aug 17: 58Aug 18: 76.7KAug 19: 7.2KAug 20: 986Aug 20Aug 21: 5.6KAug 24: 551KAug 25: 865KAug 26: 20.1KAug 26Aug 27: 27.6KAug 31: 1.3MSep 1: 262KSep 2: 3MSep 2Sep 3: 2.6MSep 4: 2.3MSep 8: 1.7MSep 9: 297KSep 9Sep 10: 973KSep 11: 1.2MSep 14: 63.6KSep 15: 102KSep 15Sep 16: 210KSep 17: 394KSep 18: 123KSep 21: 355KSep 21Sep 22: 47.3KSep 23: 299KSep 24: 249KSep 25: 39.3KSep 25Sep 28: 80.6KSep 29: 102KSep 30: 332KOct 1: 62KOct 1Oct 2: 212KOct 5: 246KOct 6: 212KOct 7: 1.6MOct 7Oct 8: 291KOct 9: 1MOct 13: 324KOct 14: 265KOct 14265K
Show the numbers
Failed trades (fails to deliver)
Aug 1758
Aug 1876.7K
Aug 197.2K
Aug 20986
Aug 215.6K
Aug 24551K
Aug 25865K
Aug 2620.1K
Aug 2727.6K
Aug 311.3M
Sep 1262K
Sep 23M
Sep 32.6M
Sep 42.3M
Sep 81.7M
Sep 9297K
Sep 10973K
Sep 111.2M
Sep 1463.6K
Sep 15102K
Sep 16210K
Sep 17394K
Sep 18123K
Sep 21355K
Sep 2247.3K
Sep 23299K
Sep 24249K
Sep 2539.3K
Sep 2880.6K
Sep 29102K
Sep 30332K
Oct 162K
Oct 2212K
Oct 5246K
Oct 6212K
Oct 71.6M
Oct 8291K
Oct 91M
Oct 13324K
Oct 14265K

From the SEC's fails-to-deliver data, which runs two to four weeks behind. A spike can mean heavy short selling or just back-office delays; it isn't proof of anything on its own. Short interest isn't shown: FINRA's terms don't allow republishing it.

Share offerings

Selling new shares dilutes current owners. A "shelf" is permission to sell later; a 424B5 usually means a sale is actually happening.

What they told the SEC, in plain English

Every 8-K (the report a company files when something big happens) in the last two years. Red ones are worth a closer look: auditor changes, restatements, late reports, listing problems.

What changed in the latest annual report

Comparing the risk factors in the 20-F filed Mar 30, 2026 with the one filed Apr 24, 2025: 7 new and 1 removed, out of 66.

New this year

  • Our financial statements contain a liquidity note, which could impact our ability to obtain new financing on reasonable terms or at all.
  • Rezolve's business may be negatively affected by price fluctuations of Tether related to federal regulatory investigations and changes to the Venezuelan government.
  • There is volatility and impairment risk related to Rezolve's holdings of SQD tokens.
  • If Rezolve fails to properly develop, invest in, and manage its AI technologies, including its proprietary brainpowa LLM and Brain Commerce suite, Rezolve's business, financial condition and results of operations could be materially adversely affected.
  • Rezolve's AI technologies, including brainpowa, may produce inaccurate, misleading, biased, or otherwise flawed outputs, which could harm Rezolve's reputation, business, and customer relationships.
  • Rezolve's AI technology relies on the quality and availability of training data, and if such data is incomplete, inaccurate, biased, or becomes unavailable, Rezolve's AI technologies may not perform as expected.
  • The markets for Rezolve's AI-powered commerce solutions are rapidly evolving, highly competitive, and subject to shifting customer needs and frequent introductions of new LLM technologies. As the markets in which Rezolve operates continue to mature and new AI technologies and competitors enter…
Dropped from last year (1)
  • There can be no assurance that the Public Warrants will ever be in the money at the time they become exercisable or otherwise, and they may expire worthless.

Matched by each risk's headline, so a reworded risk can show up as new. This year's report · last year's.

Search inside Rezolve AI's filings

Opens the SEC's own full-text search in a new tab, limited to RZLV. Every RZLV filing on EDGAR.