Amaze Holdings Reports 29% Revenue Decline in Q2 2026, Faces Significant Net Loss

Amaze Holdings, Inc. reported a significant decline in financial performance for the second quarter of 2026, with revenues totaling $619,621, a decrease of 29% compared to $869,884 in the same period of 2025. For the first half of 2026, revenues increased by 17% to $1,088,674, up from $930,098 in the prior year. The company recorded a gross income of $543,204 for the quarter, down from $787,512 in the previous year, while the gross income for the six-month period rose to $976,599 from $784,936. Despite the increase in half-year revenues, the company reported a net loss of $4,421,840 for the quarter, compared to a loss of $5,048,167 in the same quarter of 2025, and a total net loss of $10,031,714 for the first half of 2026, compared to $7,137,375 in 2025.

The company’s operational metrics indicate a strategic shift following its acquisition of Amaze Software, which was completed in March 2025. The acquisition has allowed Amaze to expand its offerings in the creator economy, focusing on e-commerce and subscription services. However, the company continues to face challenges, including a working capital deficit of approximately $19.2 million as of June 30, 2026, and an accumulated deficit of $94.5 million. The company’s cash position decreased to $2.4 million, down from $2.9 million at the end of 2025, reflecting ongoing operational losses and cash used in operations of $7.2 million for the first half of 2026.

Amaze Holdings has made strategic moves to enhance its market presence, including the launch of a digital marketing campaign and the expansion of its product offerings. The company reported a gross merchandise value (GMV) of $1.7 million for the second quarter of 2026, down from $2.9 million in the same quarter of 2025, indicating a decrease in transaction volume on its platform. The company’s revenue channels include direct-to-consumer sales, e-commerce, and subscription services, with e-commerce accounting for 85% of total revenue in the latest quarter.

Looking ahead, Amaze Holdings anticipates the need for additional capital to sustain operations and support growth initiatives. The company has raised approximately $7.2 million through financing activities in the first half of 2026, including $6.8 million from an At-The-Market offering and $1.3 million from an Equity Line of Credit. However, the company cautions that its ability to continue as a going concern is dependent on its capacity to generate sufficient cash flow and secure additional financing. The management has expressed concerns regarding the company’s liquidity and the potential need for further capital raises, which may be dilutive to existing shareholders.