Fold Holdings Operating Expenses Growth & History (FLD)
Fold Holdings's operating expenses was $59.5M for fiscal 2025.
View full Fold Holdings company overviewFold Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $59.5M | $30.0M | +101.32% |
| 2024 | 2024-12-31 | $29.6M | $25.8M | +692.58% |
| 2023 | 2023-12-31 | $3.7M | $2.0M | +109.95% |
| 2022 | 2022-12-31 | $1.8M | $1.7M | +1667.73% |
| 2021 | 2021-12-31 | $100,518 | — | — |
Fold Holdings quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $13.9M | −$642,901 | −4.43% |
| Q1 2026 | 2026-03-31 | $13.4M | −$3.2M | −19.08% |
| Q4 2025 | 2025-12-31 | $15.1M | $7.1M | +87.70% |
| Q3 2025 | 2025-09-30 | $13.3M | $3.9M | +41.74% |
| Q2 2025 | 2025-06-30 | $14.5M | $8.2M | +129.18% |
| Q1 2025 | 2025-03-31 | $16.6M | $10.8M | +186.70% |
| Q4 2024 | 2024-12-31 | $8.0M | $6.6M | +443.60% |
| Q3 2024 | 2024-09-30 | $9.4M | $8.7M | +1276.79% |
| Q2 2024 | 2024-06-30 | $6.3M | $5.6M | +811.04% |
| Q1 2024 | 2024-03-31 | $5.8M | $4.9M | +562.84% |
| Q4 2023 | 2023-12-31 | $1.5M | $1.0M | +222.98% |
| Q3 2023 | 2023-09-30 | $683,551 | $237,773 | +53.34% |
| Q2 2023 | 2023-06-30 | $694,546 | $311,014 | +81.09% |
| Q1 2023 | 2023-03-31 | $872,897 | $383,393 | +78.32% |
| Q4 2022 | 2022-12-31 | $458,073 | — | — |
| Q3 2022 | 2022-09-30 | $445,778 | $445,778 | — |
| Q2 2022 | 2022-06-30 | $383,532 | — | — |
| Q1 2022 | 2022-03-31 | $489,504 | — | — |
| Q3 2021 | 2021-09-30 | $0 | — | — |
Fold Holdings operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Fold Holdings's operating expenses increased from $100,518 to $59.5M, a change of $59.4M. The latest reported quarter, Q2 2026, shows $13.9M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Fold Holdings source filings ↗