NASDAQ$FLD
Fold Holdings Inc · Q2 2025 earnings
Q2 2025 earnings · · After market close · Investor relations
Briefing
Fold Holdings Inc reported Q2 2025 results showing revenue growth and a net income turnaround driven by digital asset gains.
Fold Holdings Inc achieved net revenue of $8.2 million in the three months ended June 30, 2025, a 59% increase from the prior year period. The company recorded net income of $13.4 million, reversing a $2.3 million loss in Q2 2024, primarily due to gains on its investment treasury bitcoin holdings. Operating expenses rose sharply to $14.5 million as the company scaled post its February 2025 reverse merger and public listing.
- Revenue grew 59% year-over-year to $8.2 million, led by merchant offers within banking and payments.
- Net income reached $13.4 million versus a $2.3 million loss last year, aided by $36.6 million in investment treasury gains.
- Cash and cash equivalents stood at $6.6 million with total assets of $182.1 million at quarter end.
- Company held 1,492 bitcoin in its investment treasury valued at $159.9 million, of which 800 bitcoin served as collateral.
Headline financials
Revenue & EPS history
TAC Emerald · Revenue · Quarterly
$8.18M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 9 quarterly earnings reports
-0.7%
Avg return
Earnings day
-0.1%
Avg return
5 days after
-3.5%
Avg return
30 days after
50%
5 / 10 earnings
Positive
+0.7%
Q4 2023
Best reaction
-4.9%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2024 | — | — | — | |
| Q2 2025 | — | — | — | |
| Q1 2026 | -1.4% | -3.4% | -54.9% | |
| Q3 2025 | -4.9% | -2.9% | +2.3% | |
| Q1 2025 | -2.9% | +3.6% | +13.6% | |
| Q3 2024 | +0.3% | +0.2% | +0.5% | |
| Q1 2024 | +0.5% | +0.9% | +1.1% | |
| Q4 2023 | +0.7% | +0.3% | +0.0% | |
| Q3 2023 | +0.2% | +0.2% | +0.3% | |
| Q2 2023 | -0.1% | +0.0% | +0.6% | |
| Q1 2023 | +0.0% | +0.0% | +1.1% | |
| Q4 2022 | +0.2% | +0.2% | +0.7% |
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