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Fold Holdings (FLD) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 18, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

-0.15

Last Year’s EPS

0.28

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 2 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 12, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call balanced clear strategic and product progress (credit card rollout, gift card traction, new business offerings, cost reductions, stronger cash and a large Bitcoin treasury) against significant near-term operational headwinds (transaction volumes down 31%, revenues down 21%, widened adjusted EBITDA loss, higher cash used in operations) driven largely by a sharp Bitcoin price pullback. Management emphasized disciplined scaling, positive contribution margins across products, simplified capital structure, and multiple upcoming launches that could materially improve revenue and engagement if market conditions stabilize.

Company Guidance

Management's guidance focused on scaling the Fold Credit Card and related platform products: the card is live with >1,000 cardholders (phased rollout), a waitlist of >8,000, and credit lines up to ~$20,000, with plans to expand access in the coming quarters and to scale to tens of thousands–hundreds of thousands as billing‑cycle data validate fraud, underwriting and charge‑off assumptions and as additional capital facilities (a revolving warehouse-style financing) are secured. They expect the credit card to become an increasing contributor to transaction volume, customer acquisition, engagement and revenue; the Bitcoin Gift Card economics will be restructured to materially reduce customer fees (customer fees moving toward $0) and be treated as cost‑neutral upfront while compounding value as users migrate into credit, exchange, rewards and debit (Kroger pilot has onboarded thousands). The Bitcoin bonus program (launched <1 month, live with Steak ’n Shake) is expected to expand enterprise demand and broaden the top-of-funnel. Financial priorities are to scale the card responsibly, manage fixed costs and expand margins — noting current Q1 context: transaction volumes -31% YoY, revenues -21% YoY, operating expenses $13.4M (down ~19% YoY from $16.6M), direct costs -21% YoY, net loss $29.2M vs $48.9M prior year, adjusted EBITDA -$5.8M vs -$4.2M, cash $11.5M (vs $7.7M at year‑end), net cash used in operations $6.6M (vs $5.0M), and an investment treasury of 826 BTC (~$67M) with 430 BTC pledged as collateral — with multiple product launches and capital updates expected soon.

Credit Card Launch and Early Traction

Fold Credit Card launched into early access in March and is live with more than 1,000 cardholders (cohort >1,000), with a wait list of over 8,000 potential users. Early cohorts are using the card across everyday and larger purchases, behaving as a primary card and engaging multiple Fold products. Credit lines extend up to ~$20,000 for some cardholders. Management is intentionally throttling rollout to validate underwriting, fraud controls, and economics.

Bitcoin Gift Card Drives User Acquisition

Bitcoin Gift Card continues to perform strongly, onboarding thousands of new customers and reengaging existing users via retail distribution (notably Kroger). Fold is restructuring gift card economics to materially reduce or eliminate customer-facing fees to accelerate distribution and adoption.

New Business Offering: Bitcoin Bonus Program

Launched Spotify 'Bitcoin bonus' program with Steak 'n Shake and others to let employees earn Bitcoin bonuses. Early employer and employee feedback is positive, management sees large addressable market across SMBs and enterprise customers and potential expansion into payroll, benefits, treasury, and corporate spend.

Company-Level Cost Reductions

Q1 operating expenses of $13.4 million versus $16.6 million in Q1 2025, a decrease of ~19%. Drivers included lower direct costs, lower share-based compensation, and reduced professional services fees.

Improved Net Loss Year-over-Year

Net loss narrowed to $29.2 million in Q1 2026 from $48.9 million in Q1 2025, reflecting improvements in several non-operating and cost areas.

Stronger Cash Position and Simplified Capital Structure

Cash and cash equivalents increased to $11.5 million from $7.7 million at year-end. Company extinguished its previously existing convertible notes in Q1, simplifying the capital structure and improving financing optionality.

Significant Bitcoin Treasury

Fold held 826 Bitcoin in its investment treasury valued at nearly $67 million as of March 31, 2026, providing a material asset position and potential upside as Bitcoin prices recover.

All Products Generate Positive Contribution Margins

Management stated that all current products generate positive contribution margins, positioning the business to scale profitably as volume and customers grow.

Fold Holdings (FLD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

FLD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 18, 2026	2026 (Q2)	-0.15 / -	0.28	―	―	―
May 12, 2026	2026 (Q1)	-0.15 / -0.59	-1.92	69.27% (+1.33)	―
Mar 17, 2026	2025 (Q4)	-0.14 / -0.72	0.13	-653.85% (-0.85)	―
Nov 10, 2025	2025 (Q3)	-0.13 / 0.01	-0.028	135.71% (+0.04)
Aug 12, 2025	2025 (Q2)	-0.19 / 0.28	-0.016	1850.00% (+0.30)
May 15, 2025	2025 (Q1)	-0.10 / -1.92	-0.049	-3818.37% (-1.87)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FLD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 12, 2026	$1.48	$1.41	-4.73%
Mar 17, 2026	$1.12	$1.07	-4.46%
Nov 10, 2025	$2.94	$3.09	+5.10%
Aug 12, 2025	$4.11	$4.28	+4.14%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Fold Holdings (FLD) report earnings?

Fold Holdings (FLD) is schdueled to report earning on Aug 18, 2026, After Close (Confirmed).

What is Fold Holdings (FLD) earnings time?

Fold Holdings (FLD) earnings time is at Aug 18, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FLD EPS forecast?

FLD EPS forecast for the fiscal quarter 2026 (Q2) is -0.15.