Delisting risk
FUSE · NASDAQ · Software - Application

Fusemachines (FUSE)

Builds enterprise AI systems and services for operational problems across industries.

$0.6170
Pre-market+0.03 (+4.42%)
At close$0.5909(−7.31%)
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Fusemachines Inc.FUSEInformation Technology

Delivers enterprise AI products, services, and education through AI Studio, AI Engines, and AI Agents. AI Solutions supplies most business, with operations across North America, Asia, and Latin America.

Builds enterprise AI systems through AI Studio, AI Engines, and AI Agents, paired with data engineering, AI consulting, and technical services. AI Engines apply large language models, computer vision, machine learning, and deep learning to domain-specific operational problems.

AI Education Services complements AI Solutions, which provides most of the business. Operations span North America, Asia, and Latin America, supporting customers in healthcare, finance, retail, manufacturing, and government. Its fellowship-based talent-development program accompanies an enterprise mission of widening access to AI.

Public trading as FUSE began in 2025 following a SPAC business combination, rather than a conventional IPO.

Company facts

CEOSameer Maskey
ListedOct 23, 2025
ExchangeNASDAQ
HeadquartersNew York, NY
CountryUnited States
Employees270
CIK0002033383
ISINUS36118R1032

Market cap$17.1M
EPS (ttm)$0.0186
P/E (ttm)31.76
ROE20.9%
P/B−2.70
P/S1.50
Dividend yieldDiv yield
Beta2.06vs XLK 0.37

No analyst consensus on record.

EPSReportedEstimate

May '26Aug '26
Reported−$0.03−$0.10
Estimate
Surprise

RevenueReportedEstimate

May '26Aug '26
Reported$1.9M$1.8M
Estimate
Surprise
Estimate
Reported−$0.10
Estimate
Reported$1.8M
View details

Current ratio10.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$398.1M$2.2M$2.0M$0$0$7.7M$1.9M$1.8M
Net income−$132.9K−$3.3M−$253.0K−$203.9K−$19.8M$21.2M−$872.0K−$2.8M
Net margin0.0%0.0%0.0%274.5%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$24.1M−$1.3M−$1.3M−$374.4K−$1.1M−$4.0M−$3.0M−$2.7M
YoY growth−106.5%−104.7%

Balance sheet, Jun 30, 2026Cash & short-term investments $368.0K · Total debt $1.2M · Total assets $14.2M · Shareholders' equity −$6.3M

Revenue
$1.8M
Operating income
−$2.7M
Net income
−$2.8M
View details

No dividends on record.

Institutions14 holders · as of Mar 31, 202610.39%3.01M shares
Otherremainder89.61%25.93M shares

28.94M company shares as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

The share count is from the company's Aug 2021 quarterly report; nothing newer is on file here.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Meteora Capital, LLCInstitution
6.17%892,130 A · 892,130 A13Fas of Mar 31, 2026
Geode Capital Management, LLCInstitution
1.23%177,437 A · 177,437 A13Fas of Mar 31, 2026
Vanguard Capital Management LLCInstitution
0.97%140,187 A · 140,187 A13Fas of Mar 31, 2026
Calamos Advisors LLCInstitution
0.52%75,000 A · 75,000 A13Fas of Mar 31, 2026
Vanguard Fiduciary Trust CoInstitution
0.39%55,855 A · 55,855 A13Fas of Mar 31, 2026
See all 14

13F — a manager's quarterly holdings

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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ComparePre-market

CompanyPriceChange
Fusemachines$0.6170+4.42%$17.1M31.81.5
C3.ai$10.35−1.76%$1.60B6.9−25.5%
Palantir Technologies$171.00+0.89%$389.09B143.689.263.2+92.8%
IBM$232.54+0.37%$218.29B20.518.23.2+1.1%
Microsoft$500.17+0.67%$3.69T27.725.411.1+17.8%
Innodata$55.00+1.23%$1.77B41.149.85.6+57.8%
Median34.437.66.9+17.8%