Fold Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	5.19	-	-	28.88
Cost of Revenue	13.66	-	-	35.73
Gross Profit	-8.47	-	-	-6.86
Selling, General & Admin	8.39	2.92	3.73	2.43
Amortization of Goodwill & Intangibles	0.08	-	-	0.25
Other Operating Expenses	1.22	-	-	5.4
Operating Expenses	9.68	2.92	3.73	8.08
Operating Income	-18.15	-2.92	-3.73	-14.93
Interest Expense	-3.68	-0.43	-	-
Interest & Investment Income	3.14	2.95	11.21	-
Other Non Operating Income (Expenses)	6.71	-0.84	-0.71	2.97
Pretax Income	-33.43	-1.24	6.77	-11.96
Income Tax Expense	0.63	0.63	2.33	0.01
Net Income	-34.06	-1.87	4.44	-11.97
Net Income to Common	-34.06	-1.87	4.44	-11.97
Shares Outstanding (Basic)	29	15	32	7
Shares Outstanding (Diluted)	29	15	32	7
Shares Change (YoY)	316.63%	-53.30%	351.31%	-
EPS (Basic)	-1.16	-0.12	0.14	-1.69
EPS (Diluted)	-1.16	-0.12	0.14	-1.69
Gross Margin	-163.07%	-	-	-23.74%
Operating Margin	-349.45%	-	-	-51.72%
Profit Margin	-655.72%	-	-	-41.46%
EBITDA	-18.13	-2.89	-3.7	-14.68
EBITDA Margin	-	-	-	-50.85%
D&A For EBITDA	0.02	0.03	0.03	0.25
EBIT	-18.15	-2.92	-3.73	-14.93
EBIT Margin	-	-	-	-51.72%
Effective Tax Rate	-	-	34.35%	-

Updated Aug 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q