Forum Markets Reports Q3 2026 Results with Revenue Growth and Revised Guidance
Forum Markets (FRMM) reported third-quarter revenue of $2 million, a sequential increase from $1.4 million in Q2, driven by the acquisition of two commercial aircraft engines. Net income reached $7.9 million ($0.52 per share), though this figure was heavily influenced by a $13.9 million noncash gain related to digital asset fair value adjustments. The company significantly lowered its 2026 revenue guidance to a range of $8 million to $9 million, down from the previous estimate of $18 million to $22 million, citing that AI compute revenue will no longer begin in 2026. Despite this setback, management maintained 2027 revenue guidance of $125 million to $175 million as they continue negotiations with potential offtake partners for compute capacity.
Tickers: $SPCX
Topics: AI Compute Revenue Digital Assets Guidance Revision Net Income Revenue Growth