Growth Metrics

Forge Global Holdings (FRGE) Gross Margin (2021 - 2025)

Forge Global Holdings (FRGE) has disclosed Gross Margin for 5 consecutive years, with 98.65% as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Gross Margin fell 97.0% year-over-year to 98.65%, compared with a TTM value of 98.98% through Sep 2025, down 35.0%, and an annual FY2024 reading of 99.15%, down 23.0% over the prior year.
  • Gross Margin was 98.65% for Q3 2025 at Forge Global Holdings, down from 99.44% in the prior quarter.
  • Across five years, Gross Margin topped out at 100.47% in Q4 2021 and bottomed at 95.82% in Q2 2021.
  • Average Gross Margin over 5 years is 98.94%, with a median of 99.24% recorded in 2025.
  • Peak annual rise in Gross Margin hit 311bps in 2022, while the deepest fall reached -98bps in 2022.
  • Year by year, Gross Margin stood at 100.47% in 2021, then fell by -1bps to 99.49% in 2022, then dropped by 0bps to 99.05% in 2023, then dropped by -1bps to 98.3% in 2024, then rose by 0bps to 98.65% in 2025.
  • Business Quant data shows Gross Margin for FRGE at 98.65% in Q3 2025, 99.44% in Q2 2025, and 99.24% in Q1 2025.