Fold Holdings (FLD) Income Statement

Fold Holdings reported revenue of $31.79M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 33.9% from $23.75M a year earlier. Fold Holdings posted a net loss of $69.59M, compared with a net loss of $65.09M a year earlier. Gross margin was 6.6% and operating margin -87.2%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $6.09M, down 25.5% from the same quarter a year earlier.

Fold Holdings Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Fold Holdings, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Revenue & Gross Profit
Revenue	31.79	23.75	21.53	28.88	0.00
Cost of Revenue	47.38	25.93	24.88	35.73	0.00
Gross Profit	2.11	1.05	-3.35	-6.86	0.00
Operating Expenses
Research & Development	0.00	0.00	0.40	0.00	0.00
Selling, General & Administrative	11.99	3.76	2.14	2.43	0.12
Operating Expenses	29.05	18.13	0.00	0.00	0.12
Operating Income	-27.73	-5.81	-3.73	-14.93	-0.12
Other Income/Expense
Interest Income	0.00	2.95	11.21	0.00	0.00
Interest Expense	5.71	-0.43	0.00	0.00	0.00
Other Income/Expense	-41.86	-59.27	-0.71	2.97	0.00
Income
Income Before Tax	-69.59	-65.08	-7.16	-11.96	-0.12
Income Tax Expense	0.00	-0.01	2.33	0.73	0.00
Net Income	-69.59	-65.09	4.44	1.12	-0.12
Net Income - Continuous Operations	-69.59	-65.09	4.44	-11.97	-0.12
Net Income - Discontinued Operations	-	-	-	-	-
EBITDA	-28.12	-0.57	-1.41	-14.68	0.00
EBIT	-28.43	-0.59	-1.43	-14.93	-
Depreciation & Amortization	0.56	0.03	0.03	0.25	0.12
Earnings Per Share
Basic EPS	-2.00	-11.00	-1.00	-2.00	-
Diluted EPS	-2.00	-11.00	-	-	-
Basic Shares Outstanding	42.22	5.84	7.07	7.10	6.00
Diluted Shares Outstanding	42.22	5.84	7.07	7.10	6.00

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Fold Holdings Financial Statements

What was Fold Holdings's revenue in fiscal 2025?

Fold Holdings reported revenue of $31.79M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 33.9% from $23.75M a year earlier.

Is Fold Holdings profitable?

No. Fold Holdings reported a net loss of $69.59M in fiscal 2025. In fiscal 2024 it lost $65.09M.

What is Fold Holdings's operating margin?

Fold Holdings's operating income was −$27.73M on revenue of $31.79M in fiscal 2025, an operating margin of -87.2%, compared with -24.5% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition