Fold Holdings (FLD) Operating Expenses (2022 - 2026)
Fold Holdings (FLD) posted Operating Expenses of $13.9 million for Q2 2026, up 3.25% on a QoQ basis from $13.4 million in Q1 2026, and down 4.43% year-over-year from $14.5 million in Q2 2025.
Analysis
Fold Holdings (FLD) Operating Expenses (2022 - 2026) Analysis & Trends
Fold Holdings has reported Operating Expenses for 5 years, with the latest figure at $13.9 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 4.43% year-over-year to $13.9 million in Q2 2026; TTM through Jun 2026 was $55.7 million, a 14.78% increase from a year earlier, with the FY2025 full-year figure at $59.5 million, up 101.32% from the prior year.
- Operating Expenses was $13.9 million for Q2 2026 at Fold Holdings, up from $13.4 million in the prior quarter.
- The five-year high for Operating Expenses was $16.6 million in Q1 2025, with the low at $383532.0 in Q2 2022.
- Average Operating Expenses over 5 years is $6.8 million, with a median of $6.1 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2026: Operating Expenses surged 1276.79% in 2024, then decreased 19.08% in 2026.
- Over 5 years, Operating Expenses stood at $458073.0 in 2022, then jumped by 222.98% to $1.5 million in 2023, then jumped by 443.6% to $8.0 million in 2024, then soared by 87.7% to $15.1 million in 2025, then fell by 8.2% to $13.9 million in 2026.
- The last three Operating Expenses figures came in at $13.9 million (Q2 2026), $13.4 million (Q1 2026), and $15.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.16 Bn | 19.43 Bn | 288.85 Mn | 254.49 Mn |
| 2 | Galaxy Digital | 9.54 Bn | 8.88 Bn | 8.38 Bn | 8.84 Bn |
| 3 | Gemini Space Station | 573.86 Mn | 385.24 Mn | - | 122.42 Mn |
| 4 | Solana | 177.06 Mn | 173.41 Mn | 2.45 Mn | 35.12 Mn |
| 5 | Empery Digital | 85.45 Mn | 85.45 Mn | -68,184.00 | 42.00 Mn |
| 6 | Metalpha Technology Holding | 40.05 Mn | 36.11 Mn | - | - |
| 7 | Fold Holdings | 29.71 Mn | 1.31 Mn | 5.36 Mn | 13.86 Mn |
| 8 | Amber International Holding | 28.97 Mn | -4.44 Mn | 11.06 Mn | -10.03 Mn |
| 9 | Fabric.AI | 10.06 Mn | -11.61 Mn | - | 3.33 Mn |
| 10 | CEA Industries | 7.41 Mn | 324,022.19 | 1.96 Mn | 23.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.86 Mn |
| Mar 31, 2026 | 13.42 Mn |
| Dec 31, 2025 | 15.10 Mn |
| Sep 30, 2025 | 13.34 Mn |
| Jun 30, 2025 | 14.50 Mn |
| Mar 31, 2025 | 16.59 Mn |
| Dec 31, 2024 | 8.04 Mn |
| Sep 30, 2024 | 9.41 Mn |
| Jun 30, 2024 | 6.33 Mn |
| Mar 31, 2024 | 5.79 Mn |
| Dec 31, 2023 | 1.48 Mn |
| Sep 30, 2023 | 683,551.00 |
| Jun 30, 2023 | 694,546.00 |
| Mar 31, 2023 | 872,897.00 |
| Dec 31, 2022 | 458,073.00 |
| Sep 30, 2022 | 445,778.00 |
| Jun 30, 2022 | 383,532.00 |
| Mar 31, 2022 | 489,504.00 |