Fold Holdings (FLD) Gross Margin (2024 - 2026)
Fold Holdings (FLD) posted Gross Margin of 88.04% for Q2 2026, down 7.53% on a QoQ basis from 95.21% in Q1 2026, and down 437.0% year-over-year from 26.12% in Q2 2025.
Analysis
Fold Holdings (FLD) Gross Margin (2024 - 2026) Analysis & Trends
Fold Holdings has reported Gross Margin for 3 years, with the latest figure at 88.04% in Q2 2026.
- On a quarterly basis, Gross Margin fell 437.0% year-over-year to 88.04% in Q2 2026; TTM through Jun 2026 was 94.03%, a 102.0% decrease from a year earlier, with the FY2025 full-year figure at 94.62%, down 330.0% from the prior year.
- Gross Margin was 88.04% for Q2 2026 at Fold Holdings, down from 95.21% in the prior quarter.
- The five-year high for Gross Margin was 99.25% in Q2 2024, with the low at 88.04% in Q2 2026.
- Average Gross Margin over 3 years is 95.44%, with a median of 95.98% recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: Gross Margin slumped 685 bps in 2025, then jumped 85 bps in 2026.
- Over 3 years, Gross Margin stood at 96.75% in 2024, then declined by 2 bps to 95.06% in 2025, then retreated by 7 bps to 88.04% in 2026.
- The last three Gross Margin figures came in at 88.04% (Q2 2026), 95.21% (Q1 2026), and 95.06% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn | 41.19% |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn | 97.89% |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - | - |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn | 96.95% |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 | -85.21% |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn | 88.04% |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn | 79.48% |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - | - |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn | 27.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 88.04% |
| 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% |