vs
Side-by-side financial comparison of Fold Holdings, Inc. (FLD) and Intellicheck, Inc. (IDN). Click either name above to swap in a different company.
Fold Holdings, Inc. is the larger business by last-quarter revenue ($9.1M vs $6.6M, roughly 1.4× Intellicheck, Inc.). Intellicheck, Inc. runs the higher net margin — 23.4% vs -379.9%, a 403.3% gap on every dollar of revenue. On growth, Intellicheck, Inc. posted the faster year-over-year revenue change (11.8% vs 8.2%). Over the past eight quarters, Fold Holdings, Inc.'s revenue compounded faster (36.1% CAGR vs 19.1%).
Fold Holdings, Inc. is a U.S.-based fintech firm specializing in crypto-integrated consumer financial products. Its core offerings include a rewards debit card that provides Bitcoin and other cryptocurrency cashback on routine purchases, alongside user-friendly digital wallet tools for secure crypto storage, serving primarily the North American consumer market.
Intellicheck, Inc. is a US-based technology company specializing in identity verification and fraud prevention solutions. It develops AI-powered tools to validate government-issued identification documents, streamline customer onboarding, and mitigate identity theft risks for clients across finance, retail, healthcare and public sector segments.
FLD vs IDN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $9.1M | $6.6M |
| Net Profit | $-34.7M | $1.6M |
| Gross Margin | — | 91.4% |
| Operating Margin | -380.0% | 22.5% |
| Net Margin | -379.9% | 23.4% |
| Revenue YoY | 8.2% | 11.8% |
| Net Profit YoY | -7232.4% | 218.0% |
| EPS (diluted) | $-0.02 | $0.08 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $9.1M | $6.6M | ||
| Q3 25 | $7.4M | $6.0M | ||
| Q2 25 | $8.2M | $5.1M | ||
| Q1 25 | $7.1M | $4.9M | ||
| Q4 24 | $8.4M | $5.9M | ||
| Q3 24 | $5.2M | $4.7M | ||
| Q2 24 | $5.1M | $4.7M | ||
| Q1 24 | $4.9M | $4.7M |
| Q4 25 | $-34.7M | $1.6M | ||
| Q3 25 | $554.2K | $290.0K | ||
| Q2 25 | $13.4M | $-251.0K | ||
| Q1 25 | $-48.9M | $-318.0K | ||
| Q4 24 | $486.4K | $488.0K | ||
| Q3 24 | $-62.3M | $-837.0K | ||
| Q2 24 | $-2.3M | $-127.0K | ||
| Q1 24 | $-945.0K | $-442.0K |
| Q4 25 | — | 91.4% | ||
| Q3 25 | — | 90.5% | ||
| Q2 25 | — | 89.8% | ||
| Q1 25 | — | 89.7% | ||
| Q4 24 | — | 91.1% | ||
| Q3 24 | — | 91.0% | ||
| Q2 24 | — | 90.5% | ||
| Q1 24 | — | 90.7% |
| Q4 25 | -380.0% | 22.5% | ||
| Q3 25 | 7.5% | 4.0% | ||
| Q2 25 | — | -5.8% | ||
| Q1 25 | -689.6% | -7.1% | ||
| Q4 24 | -9.1% | 8.1% | ||
| Q3 24 | -15.3% | -19.3% | ||
| Q2 24 | -12.2% | -4.6% | ||
| Q1 24 | -14.7% | -11.2% |
| Q4 25 | -379.9% | 23.4% | ||
| Q3 25 | 7.5% | 4.8% | ||
| Q2 25 | 164.2% | -4.9% | ||
| Q1 25 | -689.6% | -6.5% | ||
| Q4 24 | 5.8% | 8.2% | ||
| Q3 24 | -1188.7% | -17.8% | ||
| Q2 24 | -45.1% | -2.7% | ||
| Q1 24 | -19.2% | -9.4% |
| Q4 25 | $-0.02 | $0.08 | ||
| Q3 25 | $0.01 | $0.01 | ||
| Q2 25 | $0.28 | $-0.01 | ||
| Q1 25 | $-1.92 | $-0.02 | ||
| Q4 24 | $0.09 | $0.02 | ||
| Q3 24 | $-10.68 | $-0.04 | ||
| Q2 24 | $-0.40 | $-0.01 | ||
| Q1 24 | $-0.16 | $-0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $7.7M | $9.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $63.0M | $20.7M |
| Total Assets | $153.5M | $24.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.7M | $9.7M | ||
| Q3 25 | $6.7M | $7.2M | ||
| Q2 25 | $6.6M | $8.6M | ||
| Q1 25 | $11.7M | $5.1M | ||
| Q4 24 | $18.3M | $4.7M | ||
| Q3 24 | — | $5.7M | ||
| Q2 24 | — | $7.3M | ||
| Q1 24 | — | $9.2M |
| Q4 25 | $63.0M | $20.7M | ||
| Q3 25 | $94.7M | $18.9M | ||
| Q2 25 | $88.5M | $18.0M | ||
| Q1 25 | $71.9M | $17.6M | ||
| Q4 24 | $-67.8M | $17.7M | ||
| Q3 24 | $-7.4M | $16.7M | ||
| Q2 24 | $-74.0M | $17.3M | ||
| Q1 24 | $-9.4M | $17.2M |
| Q4 25 | $153.5M | $24.5M | ||
| Q3 25 | $191.0M | $25.3M | ||
| Q2 25 | $182.1M | $23.1M | ||
| Q1 25 | $148.5M | $24.6M | ||
| Q4 24 | $125.7M | $20.9M | ||
| Q3 24 | $52.2M | $20.7M | ||
| Q2 24 | $51.8M | $21.9M | ||
| Q1 24 | $51.5M | $22.6M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-16.1M | $2.4M |
| Free Cash FlowOCF − Capex | — | $2.4M |
| FCF MarginFCF / Revenue | — | 36.0% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | 1.54× |
| TTM Free Cash FlowTrailing 4 quarters | — | $4.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-16.1M | $2.4M | ||
| Q3 25 | $-2.5M | $-1.7M | ||
| Q2 25 | $-4.0M | $3.1M | ||
| Q1 25 | $-5.0M | $750.0K | ||
| Q4 24 | $-3.3M | $-1.3M | ||
| Q3 24 | $-2.2M | $-1.1M | ||
| Q2 24 | $-859.6K | $-1.2M | ||
| Q1 24 | $-354.2K | $869.0K |
| Q4 25 | — | $2.4M | ||
| Q3 25 | — | $-1.8M | ||
| Q2 25 | — | $3.1M | ||
| Q1 25 | — | $741.0K | ||
| Q4 24 | — | $-1.3M | ||
| Q3 24 | — | $-1.1M | ||
| Q2 24 | — | $-1.2M | ||
| Q1 24 | — | $860.0K |
| Q4 25 | — | 36.0% | ||
| Q3 25 | — | -29.2% | ||
| Q2 25 | — | 60.9% | ||
| Q1 25 | — | 15.1% | ||
| Q4 24 | — | -22.4% | ||
| Q3 24 | — | -23.1% | ||
| Q2 24 | — | -25.5% | ||
| Q1 24 | — | 18.4% |
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.2% |
| Q4 25 | — | 1.54× | ||
| Q3 25 | -4.47× | -5.99× | ||
| Q2 25 | -0.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -6.82× | -2.71× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FLD
| Banking And Payment Revenues | $8.4M | 92% |
| Other | $706.0K | 8% |
IDN
Segment breakdown not available.
