Filing Flows › Fold Holdings (FLD) › Q2 2026 › vs Q2 2025
Fold Holdings (FLD) Q2 2026 vs Q2 2025 (year over year)
Fold Holdings's revenue fell $2.1M (-26%) from $8.2M in Q2 2025 to $6.1M in Q2 2026. The biggest changes: Banking and Payment Revenues −$2.6M (-33%); Custody and Trading Revenues +$531K (+220%); Other Revenues −$8K (-23%).
Fold Holdings, Q2 2026: revenue $6.1M (-26% year over year), operating margin -158.5%, net loss $9.7M, operating cash flow −$9.5M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Banking and Payment Revenues | $5.3M | $7.9M | −$2.6M | -33% |
| Custody and Trading Revenues | $772K | $242K | $531K | +220% |
| Other Revenues | $28K | $36K | −$8K | -23% |
| Revenue | $6.1M | $8.2M | −$2.1M | -26% |
| Net loss | $9.7M | −$13.4M | $23.1M | — |
| Costs & expenses | $15.7M | $8.2M | $7.6M | +93% |
| Operating costs | $15.7M | −$5.3M | $21.0M | — |
| Operating cash sources | $11.1M | $5.7M | $5.4M | +94% |
| Share-based compensation | $1.7M | $1.7M | −$69K | -4% |
| Cash used in operations | $9.5M | $4.0M | $5.5M | +136% |
| Net loss absorbed | $9.7M | −$13.4M | $23.1M | — |
| Working capital & other | $1.5M | $19.1M | −$17.7M | -92% |
Questions
How much did Fold Holdings's revenue grow year over year in Q2 2026?
Fold Holdings's revenue fell $2.1M (-26%) from $8.2M in Q2 2025 to $6.1M in Q2 2026.
What drove Fold Holdings's revenue change in Q2 2026?
Banking and Payment Revenues −$2.6M (-33%); Custody and Trading Revenues +$531K (+220%); Other Revenues −$8K (-23%).