Growth Metrics

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

Forge Global Holdings (FRGE) has disclosed Operating Margin for 5 consecutive years, with 96.66% as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Operating Margin rose 1212.0% year-over-year to 96.66%, compared with a TTM value of 73.8% through Sep 2025, up 3645.0%, and an annual FY2024 reading of 103.7%, up 2728.0% over the prior year.
  • Operating Margin was 96.66% for Q3 2025 at Forge Global Holdings, down from 46.27% in the prior quarter.
  • Across five years, Operating Margin topped out at 6.94% in Q1 2021 and bottomed at 266.89% in Q3 2022.
  • Average Operating Margin over 5 years is 103.64%, with a median of 108.78% recorded in 2024.
  • The sharpest move saw Operating Margin tumbled -24631bps in 2022, then skyrocketed 15100bps in 2023.
  • Year by year, Operating Margin stood at 17.28% in 2021, then tumbled by -856bps to 165.3% in 2022, then increased by 23bps to 128.1% in 2023, then grew by 21bps to 100.59% in 2024, then grew by 4bps to 96.66% in 2025.
  • Business Quant data shows Operating Margin for FRGE at 96.66% in Q3 2025, 46.27% in Q2 2025, and 65.11% in Q1 2025.