Earnings ·
Fold Holdings reports Q3 revenue of $4.2M, net loss of $2.6M
FLDFold Holdings, Inc.
Fold Holdings reported third-quarter 2026 results with revenue of $4.2 million and a net loss of $2.6 million, or $0.05 per share. Total operating expenses decreased 21% year-over-year to $10.5 million, while adjusted EBITDA improved to a $4.5 million loss from $5.5 million in the prior quarter. The company expanded its Fold Credit Card to approximately 2,500 cardholders and launched new balance products including Fold Reserve and Lead Bank accounts. Transaction volume reached $159 million with over 88,500 verified accounts. Additionally, stockholders approved a reverse stock split authorization on October 22, 2026, to aid Nasdaq compliance ahead of the January 11, 2027 deadline. Fold Holdings operates as a financial services company offering bitcoin and USD spending, savings, and rewards products.