Forum Markets (FRMM) EBITDA (2017 - 2026)
Forum Markets (FRMM) posted EBITDA of -$9.9 million for Q2 2026, down 114.59% on a QoQ basis from -$4.6 million in Q1 2026, and down 634.81% year-over-year from $1.9 million in Q2 2025.
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Forum Markets (FRMM) EBITDA (2017 - 2026) Analysis & Trends
Forum Markets has reported EBITDA for 10 years, with the latest figure at -$9.9 million in Q2 2026.
- On a quarterly basis, EBITDA fell 634.81% year-over-year to -$9.9 million in Q2 2026; TTM through Jun 2026 was -$244.7 million, a 4931.15% decrease from a year earlier, with the FY2025 full-year figure at -$233.4 million, down 5182.87% from the prior year.
- EBITDA was -$9.9 million for Q2 2026 at Forum Markets, down from -$4.6 million in the prior quarter.
- The five-year high for EBITDA was -$596172.0 in Q3 2024, with the low at -$220.5 million in Q3 2025.
- Average EBITDA over 5 years is -$15.8 million, with a median of -$3.7 million recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: EBITDA jumped 83.15% in 2024, then tumbled 36885.02% in 2025.
- Over 5 years, EBITDA stood at -$5.6 million in 2022, then jumped by 74.25% to -$1.5 million in 2023, then surged by 34.8% to -$947035.0 in 2024, then plunged by 914.29% to -$9.6 million in 2025, then fell by 3.5% to -$9.9 million in 2026.
- The last three EBITDA figures came in at -$9.9 million (Q2 2026), -$4.6 million (Q1 2026), and -$9.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.70 Bn | 39.92 Bn | 1.16 Bn | -113.49 Mn |
| 2 | Bullish | 5.43 Bn | 5.38 Bn | 15.53 Mn | 71.79 Mn |
| 3 | Canton Strategic Holdings | 494.45 Mn | 494.45 Mn | - | -1.20 Mn |
| 4 | Cypherpunk Technologies | 446.07 Mn | 446.07 Mn | - | -4.69 Mn |
| 5 | Coincheck | 267.10 Mn | 165.50 Mn | 11.20 Mn | -8.40 Mn |
| 6 | Exodus Movement | 226.48 Mn | -128.60 Mn | - | -21.47 Mn |
| 7 | Wewards | 214.97 Mn | 214.97 Mn | - | -14,393.00 |
| 8 | Usbc | 194.07 Mn | 190.41 Mn | - | -28.10 Mn |
| 9 | TON Strategy | 187.68 Mn | 187.66 Mn | - | - |
| 10 | Forum Markets | 90.62 Mn | 90.62 Mn | 398,000.00 | -9.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.94 Mn |
| Mar 31, 2026 | -4.63 Mn |
| Dec 31, 2025 | -9.61 Mn |
| Sep 30, 2025 | -220.49 Mn |
| Jun 30, 2025 | -1.35 Mn |
| Mar 31, 2025 | -1.97 Mn |
| Dec 31, 2024 | -947,035.00 |
| Sep 30, 2024 | -596,172.00 |
| Jun 30, 2024 | -1.85 Mn |
| Mar 31, 2024 | -2.09 Mn |
| Dec 31, 2023 | -1.45 Mn |
| Sep 30, 2023 | -3.54 Mn |
| Jun 30, 2023 | -3.68 Mn |
| Mar 31, 2023 | -4.80 Mn |
| Dec 31, 2022 | -5.64 Mn |
| Sep 30, 2022 | -4.06 Mn |
| Jun 30, 2022 | -4.52 Mn |
| Mar 31, 2022 | -3.68 Mn |
| Dec 31, 2021 | -4.46 Mn |
| Sep 30, 2021 | -4.22 Mn |