Fold Holdings 2025 Q3 Earnings Record Revenue and Profitability Turnaround

Fold Holdings (FLD) reported Q3 2025 earnings on Nov 11, 2025, showcasing a dramatic turnaround in profitability despite revenue falling short of expectations. , , . However, , reflecting challenges in scaling operations.

Revenue

, driven by robust performance in core segments. , . , . The company’s focus on expanding its foldable device adoption in emerging markets and software subscriptions underpinned the revenue increase.

Earnings/Net Income

, . . This turnaround reflects cost discipline and strategic revenue growth, though operating expenses remain a near-term headwind.

Post-Earnings Price Action Review

The strategy of buying FLDS after a revenue beat and holding for 30 days has shown alignment with bullish momentum and catalyst-driven upside. This was evident in a similar backtest conducted for ON Holding AG, where the strategy yielded positive results. However, it's important to note that while backtesting can provide valuable insights, it does not guarantee future performance. Markets are inherently unpredictable, and strategies that work in historical data may not necessarily translate to real-world results. It's always advisable to combine backtesting with a thorough analysis of the underlying business, market conditions, and other relevant factors before making investment decisions.

CEO Commentary

Fold Holdings’ CEO emphasized the company’s Q3 performance, . The CEO also underscored the strategic importance of Bitcoin-related initiatives, including the Bitcoin gift card rollout and the upcoming .

Additional News

1. Expansion, with plans for further retail expansion. Early data shows strong engagement, particularly during peak holiday seasons.

2. : The Bitcoin rewards credit card, in partnership with Visa and Stripe, . , pending regulatory and operational readiness.

3. Capital Flexibility, enhancing liquidity and supporting Bitcoin treasury growth.

Guidance

Fold Holdings’ CEO expressed confidence in sustained growth, citing momentum in product adoption and strategic partnerships. The company remains focused on converting waitlist interest into active users while managing operational costs. .