FLD (Fold Holdings) Retained Earnings: $-200.11 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FLD Fold Holdings Inc FLD
8 GF Score
Price $0.46
! 3 Warning Signs
View Full Analysis

What is Fold Holdings Retained Earnings?

Fold Holdings FLD +3.84% 8 Retained Earnings is $-200.11 Mil as of Mar. 2026. GuruFocus rates FLD with a GF Score™ of 8/100. The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fold Holdings's retained earnings for the quarter that ended in Mar. 2026 was $-200.11 Mil.

Fold Holdings's quarterly retained earnings declined from Sep. 2025 ($-136.25 Mil) to Dec. 2025 ($-170.94 Mil) and declined from Dec. 2025 ($-170.94 Mil) to Mar. 2026 ($-200.11 Mil).

Fold Holdings's annual retained earnings declined from Dec. 2023 ($-11.30 Mil) to Dec. 2024 ($-101.35 Mil) and declined from Dec. 2024 ($-101.35 Mil) to Dec. 2025 ($-170.94 Mil).

Fold Holdings  (NAS:FLD) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Fold Holdings Retained Earnings Historical Data

* Premium members only.

The historical data trend for Fold Holdings's Retained Earnings 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 Retained Earnings Chart

Fold Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Retained Earnings
-29.09 -11.30 -101.35 -170.94

Fold Holdings Quarterly Data
Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -150.23 -136.80 -136.25 -170.94 -200.11
FLD
8GF Score
Fold Holdings Inc FLD
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fold Holdings Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-200.11 Mil mean?
Fold Holdings (FLD) has a Retained Earnings of $-200.11 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Fold Holdings and its competitors.
Is Fold Holdings' Retained Earnings too high?
Fold Holdings' current Retained Earnings is $-200.11 Mil. Overall, Fold Holdings has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Fold Holdings' Retained Earnings compare to CFOR and ATCH?
Fold Holdings' Retained Earnings of $-200.11 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Capital Markets company?
A good Retained Earnings depends on the Capital Markets industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Fold Holdings and its competitors. Fold Holdings's current Retained Earnings is $-200.11 Mil. 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 Retained Earnings of $-200.11 Mil. The current Retained Earnings is $-200.11 Mil. 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 Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Fold Holdings (FLD), the current Retained Earnings is $-200.11 Mil 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.
8GF Score

Get the complete analysis for FLD

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.46
Price