Fold Holdings (FLD) Operating Expenses (2022 - 2026)

Fold Holdings (FLD) posted quarterly Operating Expenses of $13.4 million for Q1 2026, down 19.08% year-over-year from $16.6 million in Q1 2025, and down 11.08% quarter-over-quarter from $15.1 million in Q4 2025.

Fold Holdings (FLD) Operating Expenses (2022 - 2026) Analysis & Trends

Fold Holdings' Operating Expenses history runs 5 years deep, the most recent figure standing at $13.4 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 19.08% year-over-year to $13.4 million; the TTM figure through Mar 2026 stood at $56.4 million (up 39.61% YoY), while the FY2025 annual figure was $59.5 million, up 101.32% from the prior year.
  • Operating Expenses for Q1 2026 stood at $13.4 million, down from $15.1 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.
  • The 5-year median for Operating Expenses is $5.8 million (2024), against an average of $6.4 million.
  • The sharpest annual moves came in 2024 and 2026: Operating Expenses soared 1276.79% in 2024, then fell 19.08% in 2026.
  • Fold Holdings' Operating Expenses stood at $458073.0 in 2022, then surged by 222.98% to $1.5 million in 2023, then surged by 443.6% to $8.0 million in 2024, then jumped by 87.7% to $15.1 million in 2025, then fell by 11.08% to $13.4 million in 2026.
  • Business Quant data shows FLD's Operating Expenses at $13.4 million in Q1 2026, $15.1 million in Q4 2025, and $13.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 13.90 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 11.67 Bn
3 Schwab Charles 220.55 Bn 135.80 Bn - 3.29 Bn
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -200.78 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 734.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn 81.75 Mn
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 381.00 Mn
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 4.67 Bn
10 Fold Holdings 22.83 Mn 11.33 Mn 5.32 Mn 13.42 Mn

Historic Data

Download Data
DateValue
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