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Forum Markets (FRMM) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 14, 2026

Forum Markets (FRMM) reported revenue of $1.4M for the second quarter 2026 (Q2 2026) and -52% from the quarter before. Operating margin was -728.4%, net loss $12.8M (939.0% of revenue).

Revenue$1.4M
Year over year—
Quarter over quarter-52%
Operating margin-728.4%
Net earnings−$12.8M

Forum Markets, Q2 2026: revenue $1.4M, operating margin -728.4%, net loss $12.8M, operating cash flow −$12.4M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.4M-52%—
Operating profit−$9.9M——
Net earnings−$12.8M——
Operating cash flow−$12.4M——

What changed

Revenue was $1.4M in Q2 2026, down 52% from the previous quarter.

Gross margin was 29.2%. Operating costs exceeded revenue by $9.9M, an operating margin of -728.4%. The quarter ended with a net loss of $12.8M, narrower than the previous quarter's $76.3M loss.

Operating cash flow was −$12.4M. Non-cash charges added back $936K of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items used $4.4M.

Questions

What was Forum Markets' revenue in the second quarter 2026?

Forum Markets (FRMM) reported revenue of $1.4M for the second quarter 2026 (Q2 2026) and -52% from the quarter before.

Was Forum Markets profitable in the second quarter 2026?

Operating loss was $9.9M (-728.4% of revenue) and net loss $12.8M.

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Source: Forum Markets 10-Q on SEC EDGAR.