FLD (Fold Holdings) Operating Margin %: -140.02% (As of Mar. 2026)


FLD Fold Holdings Inc FLD
8 GF Score
Price $0.47
! 3 Warning Signs
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What is Fold Holdings Operating Margin %?

Fold Holdings FLD -8.36% 8 Operating Margin % is -140.02% as of Mar. 2026. GuruFocus rates FLD with a GF Score™ of 8/100. The stock has 3 warning signs investors should review. Among 664 Capital Markets companies, Fold Holdings ranks worse than 87.35% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Fold Holdings's Operating Income for the three months ended in Mar. 2026 was $-7.83 Mil. Fold Holdings's Revenue for the three months ended in Mar. 2026 was $5.59 Mil. Therefore, Fold Holdings's Operating Margin % for the quarter that ended in Mar. 2026 was -140.02%.

The historical rank and industry rank for Fold Holdings's Operating Margin % or its related term are showing as below:

FLD' s Operating Margin % Range Over the Past 10 Years
Min: -87.22   Med: -35.76   Max: -24.48
Current: -86.02


FLD's Operating Margin % is ranked worse than
87.35% of 664 companies
in the Capital Markets industry
Industry Median: 6.955 vs FLD: -86.02

Fold Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Fold Holdings's Operating Income for the three months ended in Mar. 2026 was $-7.83 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-26.06 Mil.


Fold Holdings  (NAS:FLD) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Fold Holdings Operating Margin % Related Terms


Fold Holdings Operating Margin % Historical Data

* Premium members only.

The historical data trend for Fold Holdings's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fold Holdings Operating Margin % Chart

Fold Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Operating Margin %
-35.76 0.00 -24.48 -87.22

Fold Holdings Quarterly Data
Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -134.03 -77.37 -80.28 -65.33 -140.02

FLD vs PLUT, MATH, HGBL: Operating Margin % Comparison

For the Capital Markets subindustry, Fold Holdings's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fold Holdings Operating Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Fold Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Fold Holdings's Operating Margin % falls into.


FLD
8GF Score
Fold Holdings Inc FLD
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fold Holdings Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Fold Holdings's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-27.731 / 31.794
=-87.22 %

Fold Holdings's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-7.83 / 5.592
=-140.02 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -140.02% mean?
Fold Holdings (FLD) has a Operating Margin % of -140.02% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Fold Holdings and its competitors. According to the industry distribution chart, Fold Holdings ranks #580 out of 664 companies in the Capital Markets industry, placing it in the top 87.3%.
Is Fold Holdings' Operating Margin % too high?
Fold Holdings' current Operating Margin % is -140.02%. Based on the distribution chart, Fold Holdings ranks #580 out of 664 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Fold Holdings has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Fold Holdings' Operating Margin % compare to PLUT and MATH?
According to the Capital Markets industry distribution chart, Fold Holdings ranks #580 out of 664 companies for Operating Margin %. This places Fold Holdings in the lower half of its industry. The industry median Operating Margin % is 6.96. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Capital Markets company?
The median Operating Margin % among Capital Markets companies is 6.96, based on 664 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Fold Holdings and its competitors. For the Capital Markets industry, the median Operating Margin % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fold Holdings's current Operating Margin % is -140.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fold Holdings stock overvalued right now?
Fold Holdings (FLD) has a current Operating Margin % of -140.02%. The current Operating Margin % is -140.02%. Fold Holdings' overall GF Score™ is 8/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Fold Holdings (FLD), the current Operating Margin % is -140.02% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fold Holdings Business Description

Address 2942 North 24th Street, Suite 115, No. 42035, Phoenix, AZ, USA, 85016
Fold Holdings Inc is a bitcoin financial services company dedicated to expanding access to bitcoin through a comprehensive suite of consumer financial products. Its financial services platform that allows customers to earn, accumulate, and utilize bitcoin in their everyday life. The company offers consumers an FDIC insured checking account through Sutton Bank, a prepaid Visa debit card (the Fold Debit Card), a bitcoin rewards credit card (the Fold Credit Card), a bitcoin gift card, bill payments, and an extensive catalog of merchant reward offers. It also offers various forms of bitcoin buying and selling with low-to-zero fees and insured custody.
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