Fold Holdings (FLD) Gross Margin (2024 - 2026)

Fold Holdings (FLD) posted quarterly Gross Margin of 95.21% for Q1 2026, up 85.0% year-over-year from 51.46% in Q1 2025, and little changed quarter-over-quarter from 95.06% in Q4 2025.

Fold Holdings (FLD) Gross Margin (2024 - 2026) Analysis & Trends

Fold Holdings' Gross Margin history runs 3 years deep, the most recent figure standing at 95.21% for Q1 2026.

  • In Q1 2026, Gross Margin rose 85.0% year-over-year to 95.21%; the TTM figure through Mar 2026 stood at 94.79% (down 192.0% YoY), while the FY2025 annual figure was 94.62%, down 330.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 95.21%, roughly flat from 95.06% in the prior quarter.
  • The five-year high for Gross Margin was 99.25% in Q2 2024, with the low at 92.41% in Q2 2025.
  • The 3-year median for Gross Margin is 96.75% (2024), against an average of 96.26%.
  • The sharpest annual moves came in 2025 and 2026: Gross Margin slumped 685 bps in 2025, then surged 85 bps in 2026.
  • Fold Holdings' Gross Margin stood at 96.75% in 2024, then slipped by 2 bps to 95.06% in 2025, then increased by 0 bps to 95.21% in 2026.
  • Business Quant data shows FLD's Gross Margin at 95.21% in Q1 2026, 95.06% in Q4 2025, and 96.79% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - -
2 Goldman Sachs 316.34 Bn -660.01 Bn - -
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 206.12%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 92.05%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 72.42%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - -
10 Fold Holdings 22.83 Mn 11.33 Mn 5.32 Mn 95.21%

Historic Data

Download Data
DateValue
Mar 31, 2026 95.21%
Dec 31, 2025 95.06%
Sep 30, 2025 96.79%
Jun 30, 2025 92.41%
Mar 31, 2025 94.36%
Dec 31, 2024 96.75%
Sep 30, 2024 97.35%
Jun 30, 2024 99.25%
Mar 31, 2024 99.14%