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| Date | Value |
|---|---|
| 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% |