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

Fold Holdings (FLDDW) 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% on a QoQ basis from $15.1 million in Q4 2025.

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

Fold Holdings (FLDDW) has reported Operating Expenses for 5 consecutive years, with $13.4 million the latest figure, recorded in 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 came in at $13.4 million for Q1 2026 at Fold Holdings, 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.
  • Average Operating Expenses over 5 years is $6.4 million, with a median of $5.8 million recorded in 2024.
  • Across the five-year window, Operating Expenses jumped 1276.79% in 2024 and dropped 19.08% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $458073.0 in 2022, then soared by 222.98% to $1.5 million in 2023, then soared by 443.6% to $8.0 million in 2024, then surged by 87.7% to $15.1 million in 2025, then dropped by 11.08% to $13.4 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $13.4 million, $15.1 million, and $13.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 13.47 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 10.43 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 3.29 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -200.78 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 656.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 4.45 Bn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 330.51 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 242.35 Mn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 81.75 Mn
10 Fold Holdings - - 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