What is Fold's operating income?

Fold's total operating income in 2025 was -$27.73 million, based on the following breakdown: Total Gross Profit: $31.79 million Total Operating Expenses: $59.52 million

Fold (FLD) Financials

$0.38 -0.01 (-2.66%)

Closing price 07/17/2026 04:00 PM Eastern

Extended Trading

$0.36 -0.02 (-5.26%)

As of 07/17/2026 07:49 PM Eastern

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Annual Income Statements for Fold

This table shows Fold's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024	2025
Period end date	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	1.12	4.44	-65	-70
Consolidated Net Income / (Loss)	1.12	4.44	-65	-70
Net Income / (Loss) Continuing Operations	1.12	4.44	-65	-70
Total Pre-Tax Income	1.84	6.77	-65	-70
Total Operating Income	-1.78	-3.73	-5.81	-28
Total Gross Profit	0.00	0.00	24	32
Total Revenue	0.00	0.00	24	32
Operating Revenue	-	-	24	32
Total Cost of Revenue	0.00	0.00	0.00	0.00
Total Operating Expenses	1.78	3.73	30	60
Selling, General & Admin Expense	1.78	3.73	3.27	10
Marketing Expense	-	-	0.49	1.71
Amortization Expense	-	-	0.29	0.56
Other Operating Expenses / (Income)	-	-	26	47
Total Other Income / (Expense), net	3.62	10	-59	-42
Interest Expense	-	0.00	0.23	15
Other Income / (Expense), net	0.00	-0.71	-59	-27
Income Tax Expense	0.73	2.33	0.01	0.00
Basic Earnings per Share	$0.06	$0.28	($11.15)	($1.65)
Weighted Average Basic Shares Outstanding	34.31M	32.06M	5.84M	42.22M
Diluted Earnings per Share	-	$0.28	($11.15)	($1.65)
Weighted Average Diluted Shares Outstanding	34.46M	32.06M	5.84M	42.22M
Weighted Average Basic & Diluted Shares Outstanding	34.46M	14.35M	46.89M	49.83M

This table shows Fold's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	1.21	0.24	-0.95	-2.32	-62	-0.73	-49	13	0.55	-35	-29
Consolidated Net Income / (Loss)	1.21	0.24	-0.95	-2.32	-62	-0.61	-49	13	0.55	-35	-29
Net Income / (Loss) Continuing Operations	1.21	0.24	-0.95	-2.32	-62	-0.73	-49	13	0.55	-35	-29
Total Pre-Tax Income	1.89	0.70	-0.94	-2.32	-62	-0.28	-49	13	0.55	-35	-29
Total Operating Income	-0.68	-1.48	-0.85	-1.19	-4.17	-0.77	-9.50	-6.33	-5.94	-5.96	-7.83
Total Gross Profit	0.00	-	4.93	5.14	5.24	-	7.09	8.18	7.40	9.13	5.59
Total Revenue	0.00	-	4.93	5.14	5.24	-	7.09	8.18	7.40	9.13	5.59
Operating Revenue	-	-	4.93	5.14	5.24	-	7.09	8.18	7.40	9.13	5.59
Total Cost of Revenue	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Total Operating Expenses	0.68	1.48	5.79	6.33	9.41	0.77	17	15	13	15	13
Selling, General & Admin Expense	0.68	1.48	0.35	0.59	3.51	0.77	2.92	2.53	2.51	2.32	3.38
Marketing Expense	-	-	0.04	0.04	0.14	-	0.40	0.62	0.24	0.45	0.27
Amortization Expense	-	-	0.06	0.06	0.09	-	0.09	0.11	0.23	0.13	0.16
Other Operating Expenses / (Income)	-	-	5.34	5.64	5.67	-	13	11	10	12	9.62
Total Other Income / (Expense), net	2.57	2.18	-0.08	-1.13	-58	0.31	-39	20	6.49	-29	-21
Interest Expense	-	-	0.00	0.00	0.00	-	1.27	12	1.18	1.28	6.28
Other Income / (Expense), net	-0.71	-	-0.08	-1.13	-58	-0.11	-38	31	7.67	-27	-15
Income Tax Expense	0.68	0.46	0.01	-0.00	0.01	0.15	0.00	0.00	-0.00	-0.00	0.00
Basic Earnings per Share	$0.00	$0.28	($0.16)	($0.40)	($10.68)	($0.02)	($1.92)	$0.29	$0.01	($0.03)	($0.59)
Weighted Average Basic Shares Outstanding	0.00	32.06M	5.84M	5.84M	5.84M	14.97M	25.44M	46.50M	46.91M	42.22M	49.66M
Diluted Earnings per Share	$0.00	-	($0.16)	($0.40)	($10.68)	-	($1.92)	$0.28	$0.01	($0.02)	($0.59)
Weighted Average Diluted Shares Outstanding	0.00	32.06M	5.84M	5.84M	5.84M	14.97M	25.44M	47.56M	46.92M	42.22M	49.66M
Weighted Average Basic & Diluted Shares Outstanding	0.00	14.35M	14.35M	14.35M	14.35M	46.89M	46.38M	46.79M	48.31M	49.83M	50.78M

This table details how cash moves in and out of Fold's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024	2025
Period end date	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-1.16	-0.04	17	-11
Net Cash From Operating Activities	-1.70	-5.08	-3.31	-16
Net Cash From Continuing Operating Activities	-1.70	-5.08	-3.31	-16
Net Income / (Loss) Continuing Operations	1.12	4.44	-65	-70
Consolidated Net Income / (Loss)	1.12	4.44	-65	-70
Amortization Expense	-	0.00	0.48	1.27
Non-Cash Adjustments To Reconcile Net Income	-3.62	-10	59	46
Changes in Operating Assets and Liabilities, net	0.80	0.97	2.58	6.09
Net Cash From Investing Activities	-28	100	-2.51	-8.97
Net Cash From Continuing Investing Activities	-28	100	-2.51	-8.97
Purchase of Property, Plant & Equipment	-	-	-0.74	-0.95
Acquisitions	-	-	-1.88	-8.02
Other Investing Activities, net	0.55	100	0.10	0.00
Net Cash From Financing Activities	29	-95	23	14
Net Cash From Continuing Financing Activities	29	-95	23	14
Repayment of Debt	-	-	-2.61	-0.11
Repurchase of Common Equity	0.00	-97	0.00	-0.65
Issuance of Debt	0.00	2.03	0.00	10
Issuance of Common Equity	29	-	17	4.37
Other Financing Activities, net	-	-	8.00	0.80
Cash Interest Paid	-	-	0.00	0.05
Cash Income Taxes Paid	0.00	2.77	0.00	0.01

This table details how cash moves in and out of Fold's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-0.12	0.00	-0.47	1.13	2.24	0.89	-6.63	-5.09	0.05	0.99	3.87
Net Cash From Operating Activities	-1.14	-1.04	-0.35	-0.86	-2.18	-1.38	-4.95	-4.00	-2.48	-4.69	-6.59
Net Cash From Continuing Operating Activities	-1.14	-1.04	-0.35	-0.86	-2.18	-1.38	-4.95	-4.00	-2.48	-4.69	-6.59
Net Income / (Loss) Continuing Operations	1.21	0.24	-0.95	-2.32	-62	-0.42	-49	13	0.55	-35	-29
Consolidated Net Income / (Loss)	1.21	0.24	-0.95	-2.32	-62	-0.42	-49	13	0.55	-35	-29
Amortization Expense	-	-	0.06	0.06	0.09	-	0.62	0.65	0.06	-0.05	0.05
Non-Cash Adjustments To Reconcile Net Income	-2.57	-2.18	0.03	1.09	58	-0.92	43	-20	-6.17	29	21
Changes in Operating Assets and Liabilities, net	0.23	0.89	0.51	0.31	2.03	-0.47	0.00	2.13	3.08	0.87	1.56
Net Cash From Investing Activities	98	0.52	-0.61	-0.51	-0.58	1.31	-1.83	-0.98	-0.95	-5.21	13
Net Cash From Continuing Investing Activities	98	0.52	-0.61	-0.51	-0.58	1.31	-1.83	-0.98	-0.95	-5.21	13
Purchase of Property, Plant & Equipment	-	-	-0.17	-0.13	-0.21	-	-0.27	-0.17	-0.18	-0.33	-0.47
Acquisitions	-	-	-0.44	-0.38	-0.48	-	-1.56	-0.81	-0.76	-4.88	-0.72
Other Investing Activities, net	98	0.52	0.00	-	0.10	1.31	0.00	-	-	-	14
Net Cash From Financing Activities	-97	0.53	0.50	2.50	5.00	0.96	0.15	-0.11	3.48	11	-2.73
Net Cash From Continuing Financing Activities	-97	0.53	0.50	2.50	5.00	0.96	0.15	-0.11	3.48	11	-2.73
Repayment of Debt	-	-	-	-	-	-	0.00	-	-	-	-25
Repurchase of Common Equity	-97	-	0.00	-	-	-1.23	-0.65	-	-	-	0.00
Issuance of Debt	0.23	0.53	-	-	-	2.19	0.00	-	-	-	23
Issuance of Common Equity	-	-	0.50	2.50	5.00	-	0.00	-	3.48	0.89	0.39
Other Financing Activities, net	-	-	0.00	-	-	-	0.80	0.00	-0.00	-	-0.95
Cash Interest Paid	-	-	-	-	-	-	0.00	-	-	-	2.66

This table presents Fold's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024	2025
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	225	256	166	126	153
Total Current Assets	1.64	0.26	0.31	28	18
Cash & Equivalents	1.23	0.07	0.03	18	7.65
Accounts Receivable	-	-	-	0.45	0.73
Inventories, net	-	-	-	0.26	0.48
Prepaid Expenses	0.41	0.19	0.28	0.69	2.38
Other Current Assets	-	-	-	8.57	6.87
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	224	254	164	97	135
Intangible Assets	-	-	-	1.00	1.39
Other Noncurrent Operating Assets	224	254	164	96	134
Total Liabilities & Shareholders' Equity	225	256	166	126	153
Total Liabilities	8.95	10	4.55	193	90
Total Current Liabilities	0.09	0.49	3.39	22	21
Short-Term Debt	-	0.00	2.03	12	0.00
Accounts Payable	0.02	0.11	0.11	1.11	0.70
Accrued Expenses	0.08	-	-	0.07	3.17
Current Deferred Revenue	-	-	0.00	0.39	0.37
Other Current Liabilities	-	0.02	0.29	8.57	17
Total Noncurrent Liabilities	8.86	9.86	0.00	172	69
Long-Term Debt	-	-	-	0.00	69
Other Noncurrent Operating Liabilities	7.70	8.70	-	171	0.69
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-5.98	-8.50	-4.31	-68	63
Total Preferred & Common Equity	-5.98	-8.50	-4.31	-68	63
Preferred Stock	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-5.98	-8.50	-4.31	-68	63
Common Stock	0.00	0.00	6.99	34	234
Retained Earnings	-5.98	-8.50	-11	-101	-171

This table presents Fold's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	165	52	52	52	149	182	191	78
Total Current Assets	0.11	0.36	0.25	0.16	24	21	19	20
Cash & Equivalents	0.03	0.14	0.11	0.02	12	6.61	6.66	12
Accounts Receivable	-	-	-	-	0.94	0.70	0.29	0.54
Inventories, net	-	-	-	-	0.40	0.33	0.37	0.46
Prepaid Expenses	0.03	0.22	0.14	0.14	4.00	3.64	2.46	2.20
Other Current Assets	-	-	-	-	7.37	9.37	9.30	5.25
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	164	51	52	52	124	161	172	58
Intangible Assets	-	-	-	-	1.18	1.24	1.19	1.70
Other Noncurrent Operating Assets	164	51	52	52	123	160	171	57
Total Liabilities & Shareholders' Equity	165	52	52	52	149	182	191	78
Total Liabilities	13	6.47	6.77	7.56	77	94	96	42
Total Current Liabilities	2.94	5.32	5.62	6.41	11	13	13	42
Short-Term Debt	1.52	2.57	0.31	0.44	0.00	0.00	0.00	12
Accounts Payable	0.45	0.12	0.04	0.29	1.49	1.31	1.05	1.65
Accrued Expenses	-	-	-	-	1.90	1.92	2.22	2.61
Current Deferred Revenue	-	-	-	-	0.36	0.29	0.38	0.31
Other Current Liabilities	-	0.38	3.14	0.56	7.37	9.37	9.30	25
Total Noncurrent Liabilities	9.86	1.16	0.00	0.00	66	81	83	0.00
Long-Term Debt	-	-	-	-	12	22	22	0.00
Other Noncurrent Operating Liabilities	8.70	-	-	-	53	58	61	0.00
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-12	-5.97	-6.49	-7.40	72	89	95	36
Total Preferred & Common Equity	-12	-5.97	-6.49	-7.40	72	89	95	36
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-12	-5.97	-6.49	-7.40	72	89	95	36
Common Stock	0.00	7.31	7.01	6.49	222	225	231	236
Retained Earnings	-12	-13	-13	-14	-150	-137	-136	-200

This table displays calculated financial ratios and metrics derived from Fold's official financial filings.

Metric	2022	2023	2024	2025
Period end date	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	34,460,564.00	25,221,372.00	-	48,307,642.00
DEI Adjusted Shares Outstanding	34,460,564.00	25,221,372.00	-	48,307,642.00
DEI Earnings Per Adjusted Shares Outstanding	0.03	0.18	-	-1.44
Growth Metrics	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	33.85%
EBITDA Growth	0.00%	-149.81%	25.10%	17.67%
EBIT Growth	0.00%	-149.81%	15.31%	16.31%
NOPAT Growth	0.00%	-127.56%	16.53%	-376.98%
Net Income Growth	0.00%	298.26%	-142.05%	-6.92%
EPS Growth	0.00%	0.00%	-142.86%	85.20%
Operating Cash Flow Growth	0.00%	-198.38%	32.44%	-386.27%
Free Cash Flow Firm Growth	0.00%	0.00%	45.21%	-193.19%
Invested Capital Growth	0.00%	-33.05%	-70.77%	266.72%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	332.51%
EBITDA Q/Q Growth	0.00%	-63.85%	23.73%	-224.71%
EBIT Q/Q Growth	0.00%	-63.85%	13.76%	-232.54%
NOPAT Q/Q Growth	0.00%	-29.37%	19.63%	-7.33%
Net Income Q/Q Growth	0.00%	-17.76%	-82.94%	-341.57%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-117.39%
Operating Cash Flow Q/Q Growth	0.00%	-8.87%	-10.81%	-40.58%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	12.37%	-177.16%
Invested Capital Q/Q Growth	0.00%	6.94%	-2.86%	13.08%
Profitability Metrics	-	-	-	-
Gross Margin	0.00%	0.00%	0.00%	100.00%
EBITDA Margin	0.00%	0.00%	0.00%	-166.68%
Operating Margin	0.00%	0.00%	0.00%	-87.22%
EBIT Margin	0.00%	0.00%	0.00%	-170.69%
Profit (Net Income) Margin	0.00%	0.00%	0.00%	-218.88%
Tax Burden Percent	60.57%	65.65%	150.69%	100.00%
Interest Burden Percent	-103.67%	-152.49%	32.99%	128.23%
Effective Tax Rate	39.43%	34.35%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	-78.23%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	-262.55%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	2,966.83%
Return on Equity (ROE)	0.48%	2.19%	-1.83%	2,888.60%
Cash Return on Invested Capital (CROIC)	0.00%	38.40%	107.60%	-175.63%
Operating Return on Assets (OROA)	0.00%	0.00%	0.00%	-38.89%
Return on Assets (ROA)	0.00%	0.00%	0.00%	-49.86%
Return on Common Equity (ROCE)	-0.02%	-0.07%	0.11%	2,889.21%
Return on Equity Simple (ROE_SIMPLE)	-13.13%	-103.06%	22.45%	0.00%
Net Operating Profit after Tax (NOPAT)	-1.08	-2.45	-2.04	-19
NOPAT Margin	0.00%	0.00%	0.00%	-61.06%
Net Nonoperating Expense Percent (NNEP)	178.54%	-1,796.37%	-5.15%	184.32%
Return On Investment Capital (ROIC_SIMPLE)	-	107.10%	79.20%	-14.74%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	32.34%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	0.00%	0.00%	0.00%	187.22%
Earnings before Interest and Taxes (EBIT)	-1.78	-4.44	-3.76	-54
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-1.78	-4.44	-3.32	-53
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	1.75
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	1.79
Price to Revenue (P/Rev)	0.00	0.00	0.00	3.47
Price to Earnings (P/E)	309.47	49.51	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.32%	2.02%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.45	2.37	5.78	1.38
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	5.39
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	4.96	2.43	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	0.00	0.01	0.13	1.09
Long-Term Debt to Equity	0.00	0.00	0.00	1.09
Financial Leverage	-0.01	0.00	0.03	-11.30
Leverage Ratio	1.04	1.04	1.07	-57.93
Compound Leverage Factor	-1.08	-1.58	0.35	-74.28
Debt to Total Capital	0.00%	1.24%	11.80%	52.16%
Short-Term Debt to Total Capital	0.00%	1.24%	11.80%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	52.16%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	103.47%	101.40%	105.30%	0.00%
Common Equity to Total Capital	-3.47%	-2.64%	-17.10%	47.84%
Debt to EBITDA	0.00	-0.46	-1.73	-1.30
Net Debt to EBITDA	0.00	-0.45	-1.45	-1.15
Long-Term Debt to EBITDA	0.00	0.00	0.00	-1.30
Debt to NOPAT	0.00	-0.83	-2.81	-3.54
Net Debt to NOPAT	0.00	-0.81	-2.37	-3.14
Long-Term Debt to NOPAT	0.00	0.00	0.00	-3.54
Altman Z-Score	19.94	28.81	13.39	-1.81
Noncontrolling Interest Sharing Ratio	103.14%	103.15%	106.18%	-0.02%
Liquidity Ratios	-	-	-	-
Current Ratio	0.52	0.09	0.10	0.86
Quick Ratio	0.15	0.01	0.10	0.40
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	78	114	-218
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	-1,693.83%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	261.34	-14.22
Operating Cash Flow to Interest Expense	0.00	0.00	-7.90	-1.05
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	-7.90	-1.11
Efficiency Ratios	-	-	-	-
Asset Turnover	0.00	0.00	0.00	0.23
Accounts Receivable Turnover	0.00	0.00	0.00	53.91
Inventory Turnover	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	6.77
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	6.77
Capital & Investment Metrics	-	-	-	-
Invested Capital	244	163	48	124
Invested Capital Turnover	0.00	0.00	0.00	1.28
Increase / (Decrease) in Invested Capital	0.00	-81	-116	198
Enterprise Value (EV)	599	388	276	171
Market Capitalization	345	220	220	110
Book Value per Share	($0.25)	($0.17)	($0.56)	$1.30
Tangible Book Value per Share	($0.25)	($0.17)	($0.56)	$1.28
Total Capital	245	163	49	132
Total Debt	0.00	2.03	5.74	69
Total Long-Term Debt	0.00	0.00	0.00	69
Net Debt	-0.07	2.00	4.84	61
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.95
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-0.31	-1.09	-3.53	-11
Debt-free Net Working Capital (DFNWC)	-0.23	-1.06	-2.62	-2.99
Net Working Capital (NWC)	-0.23	-3.09	-8.37	-2.99
Net Nonoperating Expense (NNE)	-2.19	-6.89	-0.18	50
Net Nonoperating Obligations (NNO)	-1.23	2.00	4.84	61
Total Depreciation and Amortization (D&A)	0.00	0.00	0.43	1.27
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	-33.49%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	-9.42%
Net Working Capital to Revenue	0.00%	0.00%	0.00%	-9.42%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.06	$0.28	($0.12)	($1.65)
Adjusted Weighted Average Basic Shares Outstanding	34.31M	32.06M	14.97M	42.22M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($0.12)	($1.65)
Adjusted Weighted Average Diluted Shares Outstanding	34.46M	14.35M	14.97M	42.22M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	34.46M	14.35M	46.89M	49.83M
Normalized Net Operating Profit after Tax (NOPAT)	-1.08	-2.45	-2.04	-19
Normalized NOPAT Margin	0.00%	0.00%	0.00%	-61.06%
Pre Tax Income Margin	0.00%	0.00%	0.00%	-218.88%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	0.00	0.00	-8.65	-3.54
NOPAT to Interest Expense	0.00	0.00	-4.70	-1.27
EBIT Less CapEx to Interest Expense	0.00	0.00	-8.65	-3.60
NOPAT Less CapEx to Interest Expense	0.00	0.00	-4.70	-1.33
Payout Ratios	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	2,178.21%	-6,246.86%	-0.94%

This table displays calculated financial ratios and metrics derived from Fold's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	34,460,564.00	25,221,372.00	25,221,372.00	25,221,372.00	25,221,372.00	-	25,221,372.00	46,382,470.00	46,789,930.00	48,307,642.00	49,831,298.00
DEI Adjusted Shares Outstanding	34,460,564.00	25,221,372.00	25,221,372.00	25,221,372.00	25,221,372.00	-	25,221,372.00	46,382,470.00	46,789,930.00	48,307,642.00	49,831,298.00
DEI Earnings Per Adjusted Shares Outstanding	0.04	0.01	-0.04	-0.09	-2.47	-	-1.94	0.29	0.01	-0.72	-0.59
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	43.73%	59.11%	41.15%	8.17%	-21.10%
EBITDA Growth	-212.25%	-222.98%	-0.77%	-225.00%	-4,369.68%	40.55%	-5,241.91%	1,236.76%	102.88%	-3,496.84%	51.40%
EBIT Growth	-212.25%	-222.98%	-7.34%	-233.99%	-4,376.02%	40.55%	-4,980.77%	1,178.31%	102.78%	-4,784.35%	51.92%
NOPAT Growth	-44.14%	-54.35%	1.41%	-63.57%	-567.63%	-5.06%	-1,011.51%	-659.97%	-103.87%	-1,131.17%	17.58%
Net Income Growth	158.09%	-79.89%	-174.54%	-234.26%	-5,264.20%	-350.62%	-5,072.15%	678.83%	100.89%	-7,232.43%	40.33%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-1,100.00%	170.00%	100.09%	-122.22%	69.27%
Operating Cash Flow Growth	-197.83%	-65.84%	59.57%	57.58%	-91.72%	-32.10%	-1,298.58%	-365.00%	-13.57%	-6,096.20%	-33.07%
Free Cash Flow Firm Growth	137.08%	0.00%	4,063.27%	2,998.14%	11.32%	43.58%	-115.87%	-131.50%	-165.98%	-185.05%	194.87%
Invested Capital Growth	-37.30%	-33.05%	-80.80%	-81.42%	-67.82%	-70.77%	52.58%	123.82%	123.05%	266.72%	-48.97%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	4.21%	2.01%	0.00%	-16.04%	15.35%	-9.50%	23.41%	-38.75%
EBITDA Q/Q Growth	-100.41%	-6.29%	40.55%	-156.63%	-2,656.21%	-9.75%	-4,870.28%	154.61%	-93.02%	-1,968.19%	31.74%
EBIT Q/Q Growth	-100.41%	-6.29%	36.67%	-147.58%	-2,585.88%	-9.75%	-6,774.15%	152.55%	-93.07%	-2,028.41%	31.50%
NOPAT Q/Q Growth	14.09%	-16.79%	-17.20%	-39.11%	-250.65%	4.39%	-1,742.39%	4.89%	5.93%	29.82%	-31.28%
Net Income Q/Q Growth	-30.16%	-79.98%	-491.15%	-145.43%	-2,586.45%	-52.51%	-10,149.49%	127.47%	-95.87%	-6,359.19%	15.92%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-150.00%	-2,570.00%	0.00%	-2,233.33%	114.58%	-96.43%	-300.00%	-2,850.00%
Operating Cash Flow Q/Q Growth	43.90%	8.22%	66.05%	-142.65%	-153.56%	-130.58%	-6,429.30%	19.32%	38.07%	-89.62%	-40.46%
Free Cash Flow Firm Q/Q Growth	1,396.46%	-11.39%	148.45%	1.55%	-50.20%	11.67%	-113.27%	-101.50%	-4.30%	-204.85%	114.81%
Invested Capital Q/Q Growth	-38.74%	6.94%	-70.94%	-2.40%	6.08%	-2.86%	197.40%	43.17%	5.72%	13.08%	-70.18%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	0.00%	0.00%	100.00%	100.00%	100.00%	0.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	0.00%	0.00%	-17.84%	-43.93%	-1,186.90%	0.00%	-662.92%	313.85%	24.21%	-366.43%	-408.37%
Operating Margin	0.00%	0.00%	-17.33%	-23.14%	-79.54%	0.00%	-134.04%	-77.37%	-80.29%	-65.32%	-140.02%
EBIT Margin	0.00%	0.00%	-19.00%	-45.14%	-1,188.58%	0.00%	-671.62%	305.94%	23.42%	-365.91%	-409.23%
Profit (Net Income) Margin	0.00%	0.00%	-19.16%	-45.14%	-1,188.71%	0.00%	-689.62%	164.21%	7.49%	-379.93%	-521.57%
Tax Burden Percent	63.95%	34.51%	100.87%	99.99%	100.01%	218.19%	100.01%	99.99%	100.16%	99.99%	100.01%
Interest Burden Percent	-135.55%	-47.33%	100.00%	100.00%	100.00%	31.55%	102.67%	53.68%	31.94%	103.84%	127.44%
Effective Tax Rate	36.05%	65.49%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	-0.16%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	-0.41%	-1.10%	-8.44%	0.00%	-40.54%	-5.35%	-7.44%	-58.59%	-54.27%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	-22.68%	-120.78%	-2,425.72%	0.00%	-2,847.14%	233.11%	59.08%	-170.68%	-3,988.33%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	-0.24%	-1.02%	-60.49%	0.00%	-73.27%	28.92%	8.29%	1,928.72%	-44.38%
Return on Equity (ROE)	2.73%	2.19%	-0.65%	-2.13%	-68.93%	-1.83%	-113.81%	23.57%	0.85%	1,870.13%	-98.65%
Cash Return on Invested Capital (CROIC)	0.00%	38.40%	134.15%	135.33%	97.29%	107.60%	-58.51%	-92.05%	-98.95%	-175.63%	31.50%
Operating Return on Assets (OROA)	0.00%	0.00%	-0.60%	-2.92%	-167.41%	0.00%	-173.95%	13.59%	1.42%	-83.36%	-109.30%
Return on Assets (ROA)	0.00%	0.00%	-0.61%	-2.92%	-167.43%	0.00%	-178.61%	7.29%	0.45%	-86.55%	-139.31%
Return on Common Equity (ROCE)	-0.13%	-0.07%	0.03%	0.12%	6.63%	0.11%	-64.15%	14.48%	0.53%	1,870.53%	-98.65%
Return on Equity Simple (ROE_SIMPLE)	-46.83%	0.00%	-37.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-0.44	-0.51	-0.60	-0.83	-2.92	-0.54	-6.65	-6.33	-5.95	-4.18	-5.48
NOPAT Margin	0.00%	0.00%	-12.13%	-16.20%	-55.67%	0.00%	-93.83%	-77.36%	-80.41%	-45.73%	-98.01%
Net Nonoperating Expense Percent (NNEP)	6,570.42%	-196.02%	22.28%	119.67%	2,417.28%	2.02%	2,806.60%	-238.46%	-66.52%	112.09%	3,934.06%
Return On Investment Capital (ROIC_SIMPLE)	-	22.33%	17.59%	13.47%	41.91%	20.78%	-7.90%	-5.73%	-5.11%	-3.17%	-11.30%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	0.00%	0.00%	7.09%	11.39%	67.02%	0.00%	41.27%	31.00%	33.87%	25.37%	60.39%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	0.00%	0.00%	117.33%	123.14%	179.54%	0.00%	234.04%	177.37%	180.29%	165.32%	240.02%
Earnings before Interest and Taxes (EBIT)	-1.39	-1.48	-0.94	-2.32	-62	-0.88	-48	25	1.73	-33	-23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-1.39	-1.48	-0.88	-2.26	-62	-0.88	-47	26	1.79	-33	-23
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	2.19	2.27	1.91	1.75	1.80
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	2.23	2.30	1.94	1.79	1.89
Price to Revenue (P/Rev)	0.00	0.00	44.61	21.85	14.37	0.00	6.09	38.73	24.64	3.47	2.16
Price to Earnings (P/E)	0.00	49.51	98.62	0.00	0.00	0.00	0.00	0.00	6.29	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	2.02%	1.01%	0.00%	0.00%	0.00%	0.00%	0.00%	15.91%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	2.37	5.76	5.86	5.54	5.78	2.18	2.09	1.79	1.38	1.79
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	55.45	26.98	17.79	0.00	6.11	41.66	26.67	5.39	2.18
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.61	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.79	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	4.96	1.38	1.36	2.77	2.43	0.00	0.00	0.00	0.00	3.84
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.01	0.01	0.06	0.01	0.01	0.13	0.17	0.25	0.23	1.09	0.33
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.17	0.25	0.23	1.09	0.00
Financial Leverage	0.00	0.00	0.01	0.01	0.02	0.03	0.03	0.12	0.14	-11.30	0.01
Leverage Ratio	1.06	1.04	1.06	1.06	1.10	1.07	1.71	1.75	1.75	-57.93	2.10
Compound Leverage Factor	-1.43	-0.49	1.06	1.06	1.10	0.34	1.76	0.94	0.56	-60.15	2.67
Debt to Total Capital	0.99%	1.24%	5.39%	0.69%	0.97%	11.80%	14.59%	19.77%	18.61%	52.16%	25.05%
Short-Term Debt to Total Capital	0.99%	1.24%	5.39%	0.69%	0.97%	11.80%	0.00%	0.00%	0.00%	0.00%	25.05%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	14.59%	19.77%	18.61%	52.16%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	106.50%	101.40%	107.14%	113.63%	115.46%	105.30%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-7.49%	-2.64%	-12.53%	-14.32%	-16.44%	-17.10%	85.41%	80.23%	81.39%	47.84%	74.95%
Debt to EBITDA	-0.56	-0.46	-0.57	-0.05	-0.01	-1.73	-0.11	-1.01	0.51	-1.30	-0.42
Net Debt to EBITDA	-0.55	-0.45	-0.54	-0.03	-0.01	-1.45	-0.01	-0.71	0.35	-1.15	-0.02
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	-0.11	-1.01	0.51	-1.30	0.00
Debt to NOPAT	-0.80	-0.83	-1.24	-0.11	-0.08	-2.81	-1.21	-1.87	-1.20	-3.54	-0.67
Net Debt to NOPAT	-0.79	-0.81	-1.18	-0.07	-0.08	-2.37	-0.06	-1.30	-0.83	-3.14	-0.03
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	-1.21	-1.87	-1.20	-3.54	0.00
Altman Z-Score	0.00	28.87	19.95	19.05	13.29	13.57	-0.96	0.77	0.24	-1.36	-3.55
Noncontrolling Interest Sharing Ratio	104.94%	103.15%	105.23%	105.60%	109.61%	106.18%	43.64%	38.56%	37.33%	-0.02%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.04	0.09	0.07	0.04	0.03	0.10	2.20	1.60	1.47	0.86	0.48
Quick Ratio	0.01	0.01	0.03	0.02	0.00	0.10	1.14	0.57	0.54	0.40	0.29
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	90	80	199	202	101	115	-32	-64	-66	-203	30
Operating Cash Flow to CapEx	0.00%	0.00%	-206.99%	-644.43%	-1,060.37%	0.00%	-1,860.94%	-2,370.64%	-1,340.63%	-1,412.75%	-1,411.55%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-24.86	-5.50	-56.35	-157.97	4.78
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-3.90	-0.34	-2.10	-3.66	-1.05
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-4.11	-0.36	-2.26	-3.92	-1.12
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.00	0.03	0.06	0.14	0.00	0.26	0.04	0.06	0.23	0.27
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	53.91	40.89
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	6.77	8.93
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	6.77	8.93
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	153	163	47	46	49	48	72	104	110	124	37
Invested Capital Turnover	0.00	0.00	0.03	0.07	0.15	0.00	0.43	0.07	0.09	1.28	0.55
Increase / (Decrease) in Invested Capital	-91	-81	-200	-203	-104	-116	25	57	61	198	-35
Enterprise Value (EV)	0.00	388	273	272	272	276	158	216	196	171	66
Market Capitalization	0.00	220	220	220	220	220	158	201	181	110	66
Book Value per Share	($0.33)	($0.17)	($1.02)	($1.11)	($1.27)	($0.56)	$2.83	$1.91	$2.02	$1.30	$0.73
Tangible Book Value per Share	($0.33)	($0.17)	($1.02)	($1.11)	($1.27)	($0.56)	$2.78	$1.88	$2.00	$1.28	$0.70
Total Capital	154	163	48	45	45	49	84	110	116	132	49
Total Debt	1.52	2.03	2.57	0.31	0.44	5.74	12	22	22	69	12
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	12	22	22	69	0.00
Net Debt	1.50	2.00	2.43	0.20	0.42	4.84	0.58	15	15	61	0.62
Capital Expenditures (CapEx)	0.00	0.00	0.17	0.13	0.21	0.00	0.27	0.17	0.18	0.33	0.47
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1.33	-1.09	-2.53	-5.16	-5.83	-3.53	1.61	1.15	-0.54	-11	-21
Debt-free Net Working Capital (DFNWC)	-1.31	-1.06	-2.39	-5.05	-5.81	-2.62	13	7.76	6.12	-2.99	-9.85
Net Working Capital (NWC)	-2.83	-3.09	-4.96	-5.37	-6.25	-8.37	13	7.76	6.12	-2.99	-22
Net Nonoperating Expense (NNE)	-1.64	-0.75	0.35	1.49	59	0.07	42	-20	-6.50	31	24
Net Nonoperating Obligations (NNO)	0.34	2.00	2.43	1.36	4.57	4.84	0.58	15	15	61	0.62
Total Depreciation and Amortization (D&A)	0.00	0.00	0.06	0.06	0.09	0.00	0.62	0.65	0.06	-0.05	0.05
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	-51.29%	-51.28%	-38.07%	0.00%	6.20%	22.15%	-7.33%	-33.49%	-70.55%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	-48.51%	-50.20%	-37.93%	0.00%	51.35%	149.41%	83.31%	-9.42%	-32.51%
Net Working Capital to Revenue	0.00%	0.00%	-100.56%	-53.28%	-40.80%	0.00%	51.35%	149.41%	83.31%	-9.42%	-72.61%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.08	$0.28	($0.05)	($0.02)	($0.03)	($0.02)	($1.92)	$0.29	$0.01	($0.03)	($0.59)
Adjusted Weighted Average Basic Shares Outstanding	34.05M	32.06M	16.86M	14.35M	14.35M	14.97M	25.44M	46.50M	46.91M	42.22M	49.66M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($0.03)	$0.00	($1.92)	$0.28	$0.01	($0.02)	($0.59)
Adjusted Weighted Average Diluted Shares Outstanding	25.22M	32.06M	14.35M	14.35M	14.35M	14.97M	25.44M	47.56M	46.92M	42.22M	49.66M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	25.22M	14.35M	14.35M	14.35M	14.35M	46.89M	46.38M	46.79M	48.31M	49.83M	50.78M
Normalized Net Operating Profit after Tax (NOPAT)	-0.44	-1.04	-0.60	-0.83	-2.92	-0.54	-6.65	-6.33	-4.16	-4.18	-5.48
Normalized NOPAT Margin	0.00%	0.00%	-12.13%	-16.20%	-55.67%	0.00%	-93.83%	-77.36%	-56.20%	-45.73%	-98.01%
Pre Tax Income Margin	0.00%	0.00%	-19.00%	-45.14%	-1,188.58%	0.00%	-689.56%	164.22%	7.48%	-379.96%	-521.51%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-37.43	2.16	1.47	-26.05	-3.64
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-5.23	-0.55	-5.05	-3.26	-0.87
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-37.64	2.14	1.31	-26.31	-3.72
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	-5.44	-0.56	-5.20	-3.52	-0.95
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	1,791.34%	2,178.21%	4,339.01%	-5,329.08%	0.00%	-6,246.86%	-0.58%	-344.64%	407.45%	-0.94%	0.00%

Financials Breakdown Chart

Fold Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Fold's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Fold's net income appears to be on an upward trend, with a most recent value of -$69.59 million in 2025, falling from $1.12 million in 2022. The previous period was -$65.09 million in 2024. Find out what analysts predict for Fold in the coming months.

Fold's total operating income in 2025 was -$27.73 million, based on the following breakdown:

Total Gross Profit: $31.79 million
Total Operating Expenses: $59.52 million

Over the last 3 years, Fold's total revenue changed from $0.00 in 2022 to $31.79 million in 2025, a change of 3,179,367,300.0%.

Fold's total liabilities were at $90.48 million at the end of 2025, a 53.2% decrease from 2024, and a 911.1% increase since 2021.

In the past 4 years, Fold's cash and equivalents has ranged from $29.84 thousand in 2023 to $18.33 million in 2024, and is currently $7.65 million as of their latest financial filing in 2025.

Over the last 3 years, Fold's book value per share changed from -0.25 in 2022 to 1.30 in 2025, a change of -628.5%.

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Financial statements for NASDAQ:FLD last updated on 7/16/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Fold (FLD) Financials

Financials Breakdown Chart

Fold Financials - Frequently Asked Questions

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Fold (FLD) Financials

Annual Income Statements for Fold

Quarterly Income Statements for Fold

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Quarterly Cash Flow Statements for Fold

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Quarterly Balance Sheets for Fold

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Quarterly Metrics And Ratios for Fold

Financials Breakdown Chart

Fold Financials - Frequently Asked Questions

When does Fold's financial year end?

How has Fold's net income changed over the last 3 years?

What is Fold's operating income?

How has Fold's revenue changed over the last 3 years?

How much debt does Fold have?

How much cash does Fold have?

How has Fold's book value per share changed over the last 3 years?

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