Fold Q1 FY26 net loss narrows to $29.17 million; revenue falls 21% to $5.59 million
Fold Holdings, Inc. Class A FLD | 0.00 |
- Fold Holdings posted a net loss of USD 29.17 million, narrowing from a year-ago net loss of USD 48.88 million.
- Revenue fell 21% to USD 5.59 million.
- Operating loss narrowed to USD 7.83 million from USD 9.5 million.
- Cash and cash equivalents rose to USD 11.53 million at March 31, 2026; bitcoin held in Investment Treasury totaled 826 BTC valued at USD 56.36 million.
- Business updates included a limited launch of Fold Credit Card in partnership with Stripe and Visa; verified accounts increased by nearly 2,000 during the quarter to nearly 85,000.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fold Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-219476), on May 12, 2026, and is solely responsible for the information contained therein.
