Fold Holdings (FLD)
NASDAQ:FLD
Earnings Data
Report Date
May 14, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.15Last Year’s EPS
-1.92Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced clear strategic and product momentum—recorded revenue growth, a strong rise in transaction volumes, major product launches (notably the Fold Bitcoin Rewards Credit Card), enterprise partnerships (Steak 'n Shake), and a simplified capital structure—with meaningful near-term financial and execution challenges. The business shows compelling growth drivers and structural improvements, but material risks remain from bitcoin market volatility, widening operating losses, constrained liquidity and staged rollouts that delay the near-term revenue impact of flagship products.Company Guidance
Strong Full-Year Revenue Growth
Full year 2025 revenue of $31.8M, up 34% year-over-year; Q4 revenue $9.1M, up 8% year-over-year.
Transaction Volume Expansion
Year-to-date total transaction volumes of $960M, up 46% year-over-year, indicating increased platform activity over the year despite a late-cycle slowdown.
User Growth and Verified Accounts
Added 3,000 new verified accounts in Q4; total verified accounts exceed 84,000, representing nearly 20% year-over-year growth.
Launch of Fold Bitcoin Rewards Credit Card
Card went live (staggered rollout to waitlist); rewards: flat unlimited 1.5% back, up to 4% back for qualifying activities (notably Bitcoin exchange activity); card partnered with Visa and Stripe; waitlist >80,000; interchange ~2x debit card; unit economics positioned to be profitable per swipe.
Bitcoin Gift Card Traction
Gift card showed ~20% month-over-month growth since launch, brought thousands of new customers; Q4 contributed approximately $722K in custody/trading revenue largely attributable to the gift card.
Enterprise Product Momentum (Bitcoin Bonus Program)
Launched corporate Bitcoin bonus program with Steak 'n Shake (employees eligible for Bitcoin bonuses); expected recurring SaaS-style revenue and a new customer acquisition channel as partner employees gain access to Fold's consumer products.
Capital Structure Improvements
In Feb 2026 Fold extinguished all outstanding convertible debt (combined principal $66.3M), released 521 BTC from collateral, sold 200 BTC primarily via non-dilutive means, and removed an estimated 8M–10M potential shares from the fully diluted share count.
Product & Platform Execution
Rebuilt unified app experience and increased engineering velocity (company cited 100+ bug fixes and ~10 new features shipped in a 30‑day window); management removing subscription gating (Fold Plus) to drive adoption and cross-sell.
Path to Margin Improvement on Credit Card
Management highlighted fixed-cost absorption benefits, Visa volume rebates kicking in after year one, and the potential for improved margins as the credit card scales.
FLD Earnings History
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 |
|---|---|---|---|
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% |
May 15, 2025 | $4.01 | $3.96 | -1.25% |
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 May 14, 2026, After Close (Confirmed).
What is Fold Holdings (FLD) earnings time?
Fold Holdings (FLD) earnings time is at May 14, 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 (Q1) is -0.15.