---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-021122"
form_type: "8-K"
ticker: null
cik: "0001827821"
company_name: "Forge Global Holdings, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T19:52:20.165544+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Forge Global Q1 revenue $19.2M, net loss narrows to $19.0M; trading volume up 5% QoQ

## Summary
- Revenue less transaction-based expenses $19.2M (flat vs $18.9M Q4'23); net loss $19.0M improved from $26.2M.
- Adjusted EBITDA loss $13.5M including $2.8M legal charges; operating loss $25.0M.
- Trading volume $262.5M (+5% QoQ); net take rate 3.2% flat; custodial accounts 2.15M (+4%).
- Forge Trust custodial cash $481M (-5% QoQ); cash & equivalents $129.6M.
- Launched ForgePro, first milestone of Next Generation Platform.

## SEC filing metadata
- accession: 0001628280-24-021122
- form_type: 8-K
- cik: 0001827821
- company_name: Forge Global Holdings, Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1827821/000162828024021122/0001628280-24-021122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1827821/000162828024021122/forge-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-021122
- JSON: https://secwatch.observer/filing/0001628280-24-021122.json
- Plain text: https://secwatch.observer/filing/0001628280-24-021122.txt

## Key facts
- Earnings Releases
  Forge Global Holdings, Inc. reported the quarter ended March 31, 2024 results: revenue Total revenue less transaction-based expenses was $19.2 million, net income Net loss was $19.0 million.
  - Period: the quarter ended March 31, 2024
  - Revenue: Total revenue less transaction-based expenses was $19.2 million
  - Net income: Net loss was $19.0 million
  - Result: reported results
  source text: Financial Highlights for the First Quarter 2024 Revenue : Total revenue less transaction-based expenses was $19.2 million compared to $18.9 million in the quarter ended December 31, 2023. Operating Loss: Total operating loss was $25.0 million compared to total operating loss of $24.4 million in the quarter ended December 31, 2023. Net Loss: Net loss was $19.0 million compared to net loss of $26.2 million in the quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1827821/000162828024021122/0001628280-24-021122-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.