Forum Markets Reports Third Quarter 2026 Financial Results
Forum Markets, Incorporated reported third quarter 2026 revenue of $2.0 million, down from $4.1 million in the same period last year, with all revenue generated by its commercial aircraft engine leases. The company achieved a net income of $7.9 million, compared to a $216.7 million loss in the prior-year period, largely driven by a $13.9 million non-cash gain from digital assets and reduced SG&A expenses. Management significantly lowered its full-year 2026 revenue guidance to $8 million—$9 million from the previous $18 million—$22 million range, citing a strategic decision to slow AI compute deployment due to rising costs. Conversely, the company maintained its 2027 revenue outlook of $125 million—$175 million. Additionally, the company announced the acquisition of two commercial aircraft engines for $23.7 million and provided an update on its share repurchase program, which has seen...