Forum Markets Q2 FY26 net loss narrows to $12.8 million; revenue drops to $1.4 million
FRMM•Balance sheet and guidance
Total assets were $159.1 million at June 30, including $48.4 million in cash, cash equivalents and marketable securities.
The company maintained its 2026 revenue guidance of $18 million to $22 million and said it deployed $23.7 million post-quarter to buy two leased aircraft engines.
Profitability and expense trends
Adjusted EBITDA loss improved to $7.4 million from $76 million in Q1.
General and administrative expenses rose to $10.3 million from $7.5 million.
Q2 revenue declines after exit from digital asset staking
Forum Markets posted Q2 revenue of $1.4 million, down from $2.9 million in Q1 after exiting digital asset staking.
Net loss from continuing operations narrowed to $12.4 million from $77.5 million in Q1; GAAP diluted loss per share was $0.73.
