Growth Metrics

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

Fold Holdings' quarterly Operating Expenses came in at $13.4 million in Q1 2026, down 19.08% year-on-year from $16.6 million in Q1 2025, and down 11.08% quarter-over-quarter from $15.1 million in Q4 2025.

Fold Holdings has reported Operating Expenses for 5 years, with the latest figure at $13.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 19.08% year-over-year to $13.4 million; the trailing twelve-month figure through Mar 2026 stood at $56.4 million (up 39.61% YoY), and the FY2025 full-year result 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.
  • Average Operating Expenses over 5 years is $6.4 million, with a median of $5.8 million recorded in 2024.
  • Year-over-year, Operating Expenses soared 1276.79% in 2024 and slipped 19.08% in 2026.
  • Tracing FLDDW's Operating Expenses over 5 years: 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 decreased by 11.08% to $13.4 million in 2026.
  • The last three Operating Expenses figures came in at $13.4 million (Q1 2026), $15.1 million (Q4 2025), and $13.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 13.47 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 10.43 Bn
3 Schwab Charles 154.74 Bn 109.76 Bn - 3.29 Bn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 656.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - 381.00 Mn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 242.35 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 4.45 Bn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 81.75 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 330.51 Mn
10 Fold Holdings - - 5.32 Mn 13.42 Mn

Historic Data

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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