earnings
confidence high
sentiment negative
materiality 0.70
Fold Q1 revenue $5.6M, down 21% YoY; net loss $29.2M; credit card at 1,000 units
Fold Holdings, Inc.
2026-Q1 EPS reported
-$0.59
revenue$5,592,309
- Revenue $5.6M (-21.1% YoY); transaction volume $172M (-32% YoY); net loss $29.2M.
- Adjusted EBITDA loss $5.8M; loss per share $0.59; Bitcoin treasury 826 BTC.
- Verified accounts ~85,000 (+2,000); Fold Bitcoin Credit Cards >1,000 in circulation.
- Restructuring gift card fees to reduce friction and expand distribution; Kroger partnership continues.
- CEO cites lower Bitcoin prices pressuring results; but sees long-term value.