Fold Holdings 2025 Q2 Earnings Strong Performance as Net Income Surges 678.8%

Fold Holdings (FLD) reported its fiscal 2025 Q2 earnings on August 12, 2025, delivering a significant turnaround. The company not only returned to profitability but also exceeded expectations with a 59.1% year-over-year revenue increase and a dramatic improvement in net income.

Fold Holdings’ total revenue for Q2 2025 grew to $8.18 million, a 59.1% increase from $5.14 million in the same period of 2024. Banking and payment services led the revenue growth, contributing $7.92 million, while custody and trading added $241,600. Additional income included $36,116 in other revenue streams, with a minor reduction of $23,346 in sales returns and allowances.

The company’s profitability made a striking recovery, reporting a net income of $13.43 million in Q2 2025 compared to a net loss of $2.32 million in Q2 2024, representing a 678.8% improvement. Earnings per share also rebounded sharply from a loss of $0.40 to a positive $0.29, reflecting a 172.5% positive change.

The stock price of Fold Holdings has seen mixed performance in recent periods, declining 0.96% during the latest trading day, rising 0.49% over the past full trading week, and falling 7.43% month-to-date.

A post-earnings price action strategy involving buying FLD when revenues miss and holding for 30 days delivered a 14.51% return, outperforming the benchmark return of 10.83%. Despite a high volatility of 103.16% and a maximum drawdown of 0.00%, the strategy yielded a Sharpe ratio of 0.95, suggesting a high-risk, high-reward profile.

Fold CEO Will Reeves highlighted the company’s strong performance, including 59% year-over-year revenue growth and expanding key metrics like active user base and transaction volumes. Reeves also outlined strategic progress, including the Fold Credit Card with over 75,000 on the waitlist and the launch of the Bitcoin Gift Card through major retailers. The CEO emphasized the new Bitcoin Sends custody feature and expressed optimism about exploring further personal finance opportunities. Additionally, Reeves noted the importance of the $250 million equity purchase facility, which aims to bolster Bitcoin treasury holdings and provide operational flexibility.

Fold Holdings plans to launch the Fold Credit Card by late 2025 and continue expanding the Bitcoin Gift Card’s retail presence across the U.S. The company will leverage the $250 million equity purchase facility to increase Bitcoin holdings and support general corporate purposes while maintaining flexibility. Reeves confirmed a continued focus on expanding Bitcoin treasury and business operations in 2025, though no specific financial guidance was provided.

Fold Holdings 2025 Q2 Earnings: Strong Performance as Net Income Surges 678.8%

Fold Holdings (FLD) reported its fiscal 2025 Q2 earnings on August 12, 2025, delivering a significant turnaround. The company not only returned to profitability but also exceeded expectations with a 59.1% year-over-year revenue increase and a dramatic improvement in net income.

Fold Holdings’ total revenue for Q2 2025 grew to $8.18 million, a 59.1% increase from $5.14 million in the same period of 2024. Banking and payment services led the revenue growth, contributing $7.92 million, while custody and trading added $241,600. Additional income included $36,116 in other revenue streams, with a minor reduction of $23,346 in sales returns and allowances.

The company’s profitability made a striking recovery, reporting a net income of $13.43 million in Q2 2025 compared to a net loss of $2.32 million in Q2 2024, representing a 678.8% improvement. Earnings per share also rebounded sharply from a loss of $0.40 to a positive $0.29, reflecting a 172.5% positive change. The company has demonstrated a strong and positive earnings turnaround, with robust net income growth that far exceeds previous losses.

The stock price of Fold Holdings has seen mixed performance in recent periods, declining 0.96% during the latest trading day, rising 0.49% over the past full trading week, and falling 7.43% month-to-date.

A post-earnings price action strategy involving buying FLD when revenues miss and holding for 30 days delivered a 14.51% return, outperforming the benchmark return of 10.83%. Despite a high volatility of 103.16% and a maximum drawdown of 0.00%, the strategy yielded a Sharpe ratio of 0.95, suggesting a high-risk, high-reward profile.

Fold CEO Will Reeves highlighted the company’s strong performance, including 59% year-over-year revenue growth and expanding key metrics like active user base and transaction volumes. Reeves also outlined strategic progress, including the Fold Credit Card with over 75,000 on the waitlist and the launch of the Bitcoin Gift Card through major retailers. The CEO emphasized the new Bitcoin Sends custody feature and expressed optimism about exploring further personal finance opportunities. Additionally, Reeves noted the importance of the $250 million equity purchase facility, which aims to bolster Bitcoin treasury holdings and provide operational flexibility.

Fold Holdings plans to launch the Fold Credit Card by late 2025 and continue expanding the Bitcoin Gift Card’s retail presence across the U.S. The company will leverage the $250 million equity purchase facility to increase Bitcoin holdings and support general corporate purposes while maintaining flexibility. Reeves confirmed a continued focus on expanding Bitcoin treasury and business operations in 2025, though no specific financial guidance was provided.

Additional News

In recent weeks, several noteworthy non-earnings-related business developments have emerged. Schneider Electric was named the World’s Most Sustainable Company for the second consecutive year by TIME and Statista, underscoring its leadership in energy management and digital transformation. In Nigeria, Anambra State Governor Charles Soludo reaffirmed his support for President Bola Tinubu ahead of the 2027 elections, citing a 22-year friendship and admiration for Tinubu’s bold economic reforms. The Nigerian Air Force also reported significant military operations, including over 1,500 flight hours and the elimination of 592 terrorists in Borno State over the past eight months. These developments highlight key strategic and political movements shaping the business and political landscapes in both global and regional markets.