Fold Holdings Q2 revenue falls to $6.1 million; net loss of $9.7 million
Fold Holdings reported second-quarter 2026 revenue of $6.1 million, down from $8.2 million a year earlier, and a net loss of $9.7 million, compared with net income of $13.4 million in the same quarter of 2025. The company said lower bitcoin prices pressured transaction activity and that it eliminated about $20 million of secured debt. The release contains no financial guidance, and for shareholders the quarter shows lower revenue and a return to a loss.
Key points
- Q2 2026 revenue was $6.1 million, versus $8.2 million in Q2 2025.
- Net loss was $9.7 million, or $0.19 per diluted share, versus net income of $13.4 million, or $0.28 per diluted share, a year earlier.
- Adjusted EBITDA loss was $5.5 million for the quarter.
- More than 2,000 Fold Credit Card cardholders as of August 11, 2026, with the company eliminating about $20 million of secured debt.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.