Filing Flows › Fold Holdings (FLD) › Q1 2026 › vs Q1 2025
Fold Holdings (FLD) Q1 2026 vs Q1 2025 (year over year)
Fold Holdings's revenue fell $1.5M (-21%) from $7.1M in Q1 2025 to $5.6M in Q1 2026. The biggest changes: Banking and Payment Revenues −$2.0M (-29%); Custody and Trading Revenues +$513K (+338%); Other Revenues −$26K (-100%).
Fold Holdings, Q1 2026: revenue $5.6M (-21% year over year), operating margin -521.5%, net loss $29.2M, operating cash flow −$6.6M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Banking and Payment Revenues | $4.9M | $6.9M | −$2.0M | -29% |
| Custody and Trading Revenues | $665K | $152K | $513K | +338% |
| Other Revenues | $97 | $26K | −$26K | -100% |
| Revenue | $5.6M | $7.1M | −$1.5M | -21% |
| Net loss | $29.2M | $48.9M | −$19.7M | -40% |
| Costs & expenses | $34.8M | $56.0M | −$21.2M | -38% |
| Operating costs | $34.8M | $56.0M | −$21.2M | -38% |
| Income tax | $3K | $4K | −$1K | -13% |
| Operating cash sources | $29.2M | $48.9M | −$19.7M | -40% |
| Share-based compensation | $1.7M | $5.2M | −$3.5M | -67% |
| Working capital & other | $20.9M | $38.8M | −$17.9M | -46% |
| Cash used in operations | $6.6M | $5.0M | $1.6M | +33% |
| Net loss absorbed | $29.2M | $48.9M | −$19.7M | -40% |
Questions
How much did Fold Holdings's revenue grow year over year in Q1 2026?
Fold Holdings's revenue fell $1.5M (-21%) from $7.1M in Q1 2025 to $5.6M in Q1 2026.
What drove Fold Holdings's revenue change in Q1 2026?
Banking and Payment Revenues −$2.0M (-29%); Custody and Trading Revenues +$513K (+338%); Other Revenues −$26K (-100%).