Growth Metrics

Forge Global Holdings (FRGE) EBITDA (2020 - 2025)

Forge Global Holdings (FRGE) has disclosed EBITDA for 6 consecutive years, with -$20.5 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, EBITDA rose 0.74% year-over-year to -$20.5 million, compared with a TTM value of -$68.3 million through Sep 2025, up 21.98%, and an annual FY2024 reading of -$81.7 million, up 10.51% over the prior year.
  • EBITDA was -$20.5 million for Q3 2025 at Forge Global Holdings, down from -$12.8 million in the prior quarter.
  • Across five years, EBITDA topped out at $938000.0 in Q1 2021 and bottomed at -$64.4 million in Q1 2022.
  • Average EBITDA over 5 years is -$20.0 million, with a median of -$20.5 million recorded in 2025.
  • The sharpest move saw EBITDA tumbled 14308.58% in 2021, then skyrocketed 64.5% in 2023.
  • Year by year, EBITDA stood at -$5.0 million in 2021, then tumbled by 451.87% to -$27.8 million in 2022, then increased by 12.28% to -$24.4 million in 2023, then rose by 23.82% to -$18.6 million in 2024, then fell by 10.48% to -$20.5 million in 2025.
  • Business Quant data shows EBITDA for FRGE at -$20.5 million in Q3 2025, -$12.8 million in Q2 2025, and -$16.3 million in Q1 2025.