# Fusemachines Inc.: overview

FUSE · Nasdaq · CIK 2033383 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/fuse.md) · [Financials](/companies/fuse/financials.md) · [Filings](/companies/fuse/filings.md) · [Insiders](/companies/fuse/insiders.md)

Latest reported revenue: [$1.8m](/filings/0001493152-26-036603.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 7, 2026 (XBRL us-gaap:Revenues, accession 0001493152-26-036603).

## Last eight quarters

| Line item | Unit | period not labelled (2024-09-30) | period not labelled (2024-12-31) | period not labelled (2025-03-31) | period not labelled (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | not reported | not reported | [1,954](/filings/0001493152-26-023864.md) | [2,034](/filings/0001493152-26-036603.md) | not reported | not reported | [1,879](/filings/0001493152-26-023864.md) | [1,794](/filings/0001493152-26-036603.md) |
| Gross margin | % | not reported | not reported | [55.8%](/filings/0001493152-26-023864.md) | [59.3%](/filings/0001493152-26-036603.md) | not reported | not reported | [50.5%](/filings/0001493152-26-023864.md) | [53.7%](/filings/0001493152-26-036603.md) |
| Operating margin | % | not reported | not reported | [(67.3%)](/filings/0001493152-26-023864.md) | [(41.9%)](/filings/0001493152-26-036603.md) | not reported | not reported | [(161.5%)](/filings/0001493152-26-023864.md) | [(149.9%)](/filings/0001493152-26-036603.md) |
| Net margin | % | not reported | not reported | [(105.5%)](/filings/0001493152-25-025230.md) | [(10.0%)](/filings/0001493152-25-025230.md) | not reported | not reported | [(46.4%)](/filings/0001493152-26-023864.md) | [(158.8%)](/filings/0001493152-26-036603.md) |
| Diluted EPS | $ per share | not reported | not reported | [(0.03)](/filings/0001493152-26-023864.md) | [(0.52)](/filings/0001493152-26-036603.md) | not reported | not reported | [(0.03)](/filings/0001493152-26-023864.md) | [(0.10)](/filings/0001493152-26-036603.md) |
| Free cash flow | $k | not reported | not reported | [(230)](/filings/0001493152-26-023864.md) | [75.0 d](/filings/0001493152-26-036603.md) | not reported | not reported | [(2,244)](/filings/0001493152-26-023864.md) | [(1,294) d](/filings/0001493152-26-036603.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues; Net income: us-gaap:ProfitLoss. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: |
| Revenue | $k | [8,811](/filings/0001493152-26-013285.md) | [7,714](/filings/0001493152-26-013285.md) |
| Gross margin | % | [54.9%](/filings/0001493152-26-013285.md) | [55.8%](/filings/0001493152-26-013285.md) |
| Operating margin | % | [(93.0%)](/filings/0001493152-26-013285.md) | [(77.2%)](/filings/0001493152-26-013285.md) |
| Net margin | % | [(174.6%)](/filings/0001493152-26-013285.md) | [(12.0%)](/filings/0001493152-26-013285.md) |
| Diluted EPS | $ per share | [(2.21)](/filings/0001493152-26-013285.md) | [(0.08)](/filings/0001493152-26-013285.md) |
| Free cash flow | $k | [(2,216)](/filings/0001493152-26-013285.md) | [(5,582)](/filings/0001493152-26-013285.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/fuse/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Meteora Capital, LLC](/funds/1905106.md) | 2026-06-30 | $936.7k | 892,130 |  | Unchanged |
| [BOOTHBAY FUND MANAGEMENT, LLC](/funds/1549230.md) | 2026-06-30 | $196.9k | 187,486 |  | Unchanged |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $147.2k | 140,187 |  | Unchanged |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $140.8k | 134,107 |  | Reduced −43,330 |
| [Calamos Advisors LLC](/funds/1316507.md) | 2026-06-30 | $78.8k | 75,000 |  | Unchanged |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $58.6k | 55,855 |  | Unchanged |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $57.2k | 54,500 |  | Unchanged |
| [LMR Partners LLP](/funds/1578621.md) | 2026-06-30 | $53.7k | 894,211 |  | Unchanged |
| [Alberta Investment Management Corp](/funds/1463559.md) | 2026-06-30 | $49.9k | 47,500 |  | Unchanged |
| [Polar Asset Management Partners Inc.](/funds/1326389.md) | 2026-06-30 | $43.6k | 635,166 |  | Unchanged |

## Recent filings

[All 96 filings](/companies/fuse/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-23 | 17:00 ET | [8-K](/filings/0001493152-26-048265.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001493152-26-048265 |
| 2026-10-06 | 21:16 ET | [S-1](/filings/0001493152-26-045995.md) | Registration statement | 0001493152-26-045995 |
| 2026-09-25 | 21:25 ET | [8-K](/filings/0001493152-26-044394.md) | 3.01 Delisting notice; 9.01 Financial statements and exhibits | 0001493152-26-044394 |
| 2026-09-18 | 21:00 ET | [8-K](/filings/0001493152-26-043379.md) | 3.01 Delisting notice; 9.01 Financial statements and exhibits | 0001493152-26-043379 |
| 2026-09-15 | 20:55 ET | [8-K](/filings/0001493152-26-042767.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 9.01 Financial statements and exhibits | 0001493152-26-042767 |
| 2026-09-04 | 20:19 ET | [8-K](/filings/0001493152-26-041553.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001493152-26-041553 |
| 2026-08-12 | 12:04 ET | [8-K](/filings/0001493152-26-037251.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-037251 |
| 2026-08-07 | 21:00 ET | [8-K](/filings/0001493152-26-036631.md) | 5.02 Departure or appointment of officers or directors | 0001493152-26-036631 |
| 2026-08-07 | 20:30 ET | [10-Q](/filings/0001493152-26-036603.md) | Quarterly report, period 2026-06-30 | 0001493152-26-036603 |
| 2026-08-04 | 10:15 ET | [8-K](/filings/0001493152-26-035918.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure | 0001493152-26-035918 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001493152-26-013285.md), filed Mar 27, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/b93887bf-3ec7-4a55-aafb-04460e6fb5dd)

## About the filer

- CIK: 2033383
- Tickers: FUSE, FUSEW
- Exchange: Nasdaq
- SIC code: 7373 Services-Computer Integrated Systems Design
- State of incorporation: not reported
- Filer category: Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:51 ET. No prices; not investment advice.