Trust Stamp's Q2 Revenue Surges 62% Amid Customer Growth and Financial Institution Onboarding.

Trust Stamp reported a 62% rise in Q2 net recognized revenue to $810,000, driven by higher customer activity and growth in its financial institution client base. Net loss narrowed to $1.71 million from $2.6 million in the prior-year quarter. The company has onboarded 92 financial institutions with over $348 billion in assets via FIS, with transaction starts for FIS-related institutions surging 247% over the six months to June 30.

Trust Stamp (NASDAQ: IDAI) has reported a significant improvement in its Q2 2025 financial performance, with net recognized revenue rising by 62% to $810,000. This growth is attributed to increased customer activity and a substantial expansion in its financial institution client base [2]. The company has also managed to narrow its net loss to $1.71 million, down from $2.6 million in the same quarter last year [2].

One of the key drivers of Trust Stamp's success is the onboarding of 92 financial institutions with over $348 billion in assets through FIS. This expansion has significantly bolstered the company's customer base, bringing the total number of institutions either fully implemented or currently implementing the Orchestration Layer to 105 [2]. The transaction starts for FIS-related institutions surged by 247% over the six months to June 30, with a particularly notable 179% increase in July alone, and completion rates improved by over 30% [2].

These operational metrics indicate that Trust Stamp's Orchestration Layer platform is gaining substantial market adoption in the financial sector. The company's ability to attract and retain a large number of financial institutions underscores its value proposition and technological capabilities. As these implementations mature, Trust Stamp is poised to benefit from future revenue growth.

Trust Stamp's Q2 2025 results demonstrate meaningful financial improvement alongside strong business development. The company's focus on cost management and revenue growth is evident in the improvements seen in both net loss and operating expenses. While the company's revenue fell short of projections due to implementation delays in their QID services contract, the overall trajectory is positive and suggests a company well-positioned for future success [2].

References:
[1] https://www.stocktitan.net/news/IDAI/trust-stamp-files-its-2025-q2-10-q-and-announced-continued-growth-in-vqomnapn3mdg.html