Filing Flows › Fold Holdings (FLD) › Q1 2026
Fold Holdings (FLD) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 12, 2026
Fold Holdings (FLD) reported revenue of $5.6M for the first quarter 2026 (Q1 2026), -21% from a year earlier and -39% from the quarter before. Operating margin was -521.5%, net loss $29.2M (521.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.6M | -39% | -21% |
| Operating profit | −$29.2M | — | — |
| Net earnings | −$29.2M | — | — |
| Operating cash flow | −$6.6M | — | — |
What changed
Revenue was $5.6M in Q1 2026, down 21% year over year and down 39% from the previous quarter. Banking and Payment Revenues was the largest line at 88% of revenue. Banking and Payment Revenues lost $2.0M year over year (down 29%), 133% of the total change.
Operating costs exceeded revenue by $29.2M, an operating margin of -521.5%. Total costs fell 38% while revenue fell 21%. The quarter ended with a net loss of $29.2M, narrower than the previous quarter's $34.7M loss.
Operating cash flow was −$6.6M. Non-cash charges added back $1.7M of share-based compensation. Working capital and other items added $20.9M.
Questions
What was Fold Holdings' revenue in the first quarter 2026?
Fold Holdings (FLD) reported revenue of $5.6M for the first quarter 2026 (Q1 2026), -21% from a year earlier and -39% from the quarter before.
Was Fold Holdings profitable in the first quarter 2026?
Operating loss was $29.2M (-521.5% of revenue) and net loss $29.2M.
Source: Fold Holdings 10-Q on SEC EDGAR.