Fold Holdings, Inc.

FLD Financial Capital Markets

Fold Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $31.8 million, up 33.9% from fiscal 2024. In the quarter to June 2026, revenue fell 25.5%, EPS fell 165.5%, free cash flow grew 812.6% and total debt fell 84.4%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

0.51 0.01 −1.92%
Market cap
$28.7M
P/E
0.0×
Fwd P/E
−0.7×
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.12
Total sells 0.31
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — 1 — — — — 2 1 — — 1 —
Sell — — — 4 5 6 10 3 4 8 3 3
Insider Ownership 81.44%

Capital & Financial Ratios $m

Market Cap 28.70
Revenue 28.21
Net Income (72.96)
Free Cash Flow 28.62
Net Debt (15.94)
Current Ratio 1.84
Debt/Equity 0.40
P/E ratio 0.00
Fwd P/E (0.65) (negative: loss-making)
P/S ratio 0.94
P/B ratio 0.85
Past 5Y EPS Growth —
This Y EPS Growth 41.21% (at or above 15%: strong)
Next Y EPS Growth 57.73% (at or above 15%: strong)
Next Y revenue growth (8.63%) (below 0%: weak)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 0 18 8 28
Receivables — 0 1 3
Inventory — 0 0 1
Other — 9 7 5
0 28 18 39
2023 2024 2025 Q'26
Payables 0 1 1 1
ST’ Debt — 12 10 12
Other 2 9 7 5
3 22 21 21

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — 0.00%
Earnings — — 0.00%
Book Value — — 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 6 6 — — —
’25 7 8 7 9 32
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (7) (9) — — —
’25 (5) (4) (2) (5) (16)
’24 0 (1) (2) 0 (3)
’23 (1) (2) (1) (1) (5)
’22 0 0 0 (1) (2)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 7 34 — — —
’25 (7) (5) (3) (10) (24)
’24 (1) (1) (3) 0 (5)
’23 (1) (2) (1) (1) (5)
’22 0 0 0 (1) (2)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.59) (0.19) — — —
’25 (1.92) 0.28 0.01 (0.77) (1.65)
’24 (0.16) (0.40) (10.68) 0.08 (11.15)
’23 0.04 0.05 0.04 0.02 0.14
’22 (0.01) 0.00 0.01 0.04 0.03
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — 9.55 10.00 10.41 2.50

Analyst estimates 2026–2028

Powerpack
High — — — — — — 10.03 10.66 11.48 14.00
People
People Employees — — — — — 2 2 2 28 40
Revenue/emp, $m — — — — — 0.00 0.00 0.00 0.85 0.79
Income, $m
Income, $m Revenue — — — — — — — — 24 32
Gross margin, % — — — — — — — — 4.43 6.63
EBT — — — — — 0 2 7 (65) (70)
EBT margin, % — — — — — 0.00 0.00 0.00 (273.99) (218.88)
Net income — 0 — — — 0 1 4 (65) (70)
Depreciation — — — — — — — — 0 1
Per share, $
Per share, $ Revenue — — — — — 0.00 0.00 0.00 4.07 0.75
Earnings — — — — — (0.02) 0.03 0.14 (11.15) (1.65)
Cash flow — — — — — (0.10) (0.05) (0.16) (0.57) (0.38)
Capex — — — — — 0.00 0.00 0.00 (0.30) (0.19)
Free cash flow — — — — — (0.10) (0.05) (0.16) (0.87) (0.57)
Book value — — — — — (1.00) (0.25) (0.13) (11.62) 1.49
Shares, m — — — — — 6 34 32 6 42
Valuation, ×
Valuation, × P/E — — — — — — — — 0.00 0.00
P/S — — — — — — — — 2.73 3.47
P/B — — — — — — — — 0.00 1.75
EV/Sales — — — — — — — — 2.45 5.70
EV/FCF — — — — — — — — (11.20) (7.51)
Cash, $m
Cash, $m Operating cash flow — — — — — (1) (2) (5) (3) (16)
Capex — — — — — — — — (2) (8)
Free cash flow — — — — — (1) (2) (5) (5) (24)
Balance, $m
Balance, $m Working capital — — — — — 2 0 (3) 6 (3)
Total debt — — — — — — — — 12 79
Net debt — — — — — (1) 0 0 (7) 71
Shareholders’ equity — — — — — (6) (9) (4) (68) 63
Returns, %
Returns, % ROA — — — — — (0.09) 0.46 2.11 (44.64) (49.86)
ROIC — — — — — 0.00 0.00 0.00 0.00 (12.93)
ROE — — — — — 0.00 (15.41) (69.36) 180.50 2,888.05
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Fold Holdings, Inc. vs peers in Capital Markets (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
AURE Aurelion Inc. $35.0M — (loss-making) — — n/m −75.78% (below 0%: shrinking) (38.05%) 0.00% Compare
COHN Institutional Financial Markets, Inc. $34.7M 1.1× 2.0× +16.06% (above 0%: growing) +95.06% (above 0%: growing) −71.20% (below 0%: shrinking) 100.00% 17.86% Compare
GRAN Grande Group Limited $32.0M — — — — −420.52% (below 0%: shrinking) — — Compare
BGDE Mawson Infrastructure Group Inc. $30.9M — (loss-making) — (loss-making) −35.46% (below 0%: shrinking) n/m −56.83% (below 0%: shrinking) 26.14% (102.37%) Compare
PLUT Plutus Financial Group Limited $29.6M — — — — — — — Compare
FLD Fold Holdings, Inc. $28.7M — (loss-making) — (loss-making) −25.51% (below 0%: shrinking) n/m +812.60% (above 0%: growing) 3.98% (127.57%)
ARBK Argo Blockchain PLC Sponsored ADR $28.1M — (loss-making) — (loss-making) −70.04% (below 0%: shrinking) n/m −128.72% (below 0%: shrinking) (22.79%) (57.47%) Compare
ATCH AtlasClear Holdings, Inc. $26.9M 13.4× — +136.82% (above 0%: growing) n/m −163.33% (below 0%: shrinking) 100.00% (53.57%) Compare
DRK Sphere 3D Corp. $22.9M — (loss-making) — (loss-making) −18.75% (below 0%: shrinking) n/m +12.31% (above 0%: growing) 6.73% (563.70%) Compare
Median of peers $30.2M — — −18.75% — −75.78% 16.44% (55.52%)

All 93 Capital Markets stocks →

Fold Holdings, Inc. (FLD) key facts

  • Strength: Fold Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $31.8 million, up 33.9% from fiscal 2024.
  • Fold Holdings, Inc. (FLD) is a Capital Markets company in the Financial sector, listed on Nasdaq.
  • As of October 16, 2026, FLD traded at $0.51, a market capitalization of $28.7 million.
  • Return on equity was 2,888.1% and debt-to-equity 0.40.

Source: company filings (standardised) and stockrow calculations.

Fold Holdings, Inc. (FLD) Latest News

18 Aug

Impact 4 · transcript

12 May

Impact 4 ·

18 Mar

Impact 4 ·
stockrow.com/FLD · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com