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Side-by-side financial comparison of Fold Holdings, Inc. (FLD) and Laird Superfood, Inc. (LSF). Click either name above to swap in a different company.
Laird Superfood, Inc. is the larger business by last-quarter revenue ($13.3M vs $9.1M, roughly 1.5× Fold Holdings, Inc.). Laird Superfood, Inc. runs the higher net margin — -13.2% vs -379.9%, a 366.8% gap on every dollar of revenue. On growth, Laird Superfood, Inc. posted the faster year-over-year revenue change (15.0% vs 8.2%). Over the past eight quarters, Fold Holdings, Inc.'s revenue compounded faster (36.1% CAGR vs 16.1%).
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.
Laird Superfood, Inc. develops, manufactures and sells a portfolio of plant-based functional superfood products, including premium coffee creamers, hydration blends, nutritional supplements, and plant-powered snacks. It serves health-conscious consumers through direct-to-consumer e-commerce platforms and offline retail partners, mainly operating in the North American market with a focus on sustainably sourced clean ingredients.
FLD vs LSF — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $9.1M | $13.3M |
| Net Profit | $-34.7M | $-1.8M |
| Gross Margin | — | 34.1% |
| Operating Margin | -380.0% | -13.5% |
| Net Margin | -379.9% | -13.2% |
| Revenue YoY | 8.2% | 15.0% |
| Net Profit YoY | -7232.4% | -341.4% |
| EPS (diluted) | $-0.02 | — |
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 | $13.3M | ||
| Q3 25 | $7.4M | $12.9M | ||
| Q2 25 | $8.2M | $12.0M | ||
| Q1 25 | $7.1M | $11.7M | ||
| Q4 24 | $8.4M | $11.6M | ||
| Q3 24 | $5.2M | $11.8M | ||
| Q2 24 | $5.1M | $10.0M | ||
| Q1 24 | $4.9M | $9.9M |
| Q4 25 | $-34.7M | $-1.8M | ||
| Q3 25 | $554.2K | $-975.1K | ||
| Q2 25 | $13.4M | $-362.2K | ||
| Q1 25 | $-48.9M | $-156.2K | ||
| Q4 24 | $486.4K | $-398.4K | ||
| Q3 24 | $-62.3M | $-166.1K | ||
| Q2 24 | $-2.3M | $-239.1K | ||
| Q1 24 | $-945.0K | $-1.0M |
| Q4 25 | — | 34.1% | ||
| Q3 25 | — | 36.5% | ||
| Q2 25 | — | 39.9% | ||
| Q1 25 | — | 41.9% | ||
| Q4 24 | — | 38.6% | ||
| Q3 24 | — | 43.0% | ||
| Q2 24 | — | 41.8% | ||
| Q1 24 | — | 40.0% |
| Q4 25 | -380.0% | -13.5% | ||
| Q3 25 | 7.5% | -7.7% | ||
| Q2 25 | — | -3.3% | ||
| Q1 25 | -689.6% | -1.9% | ||
| Q4 24 | -9.1% | -4.1% | ||
| Q3 24 | -15.3% | -2.3% | ||
| Q2 24 | -12.2% | -3.4% | ||
| Q1 24 | -14.7% | -11.0% |
| Q4 25 | -379.9% | -13.2% | ||
| Q3 25 | 7.5% | -7.6% | ||
| Q2 25 | 164.2% | -3.0% | ||
| Q1 25 | -689.6% | -1.3% | ||
| Q4 24 | 5.8% | -3.4% | ||
| Q3 24 | -1188.7% | -1.4% | ||
| Q2 24 | -45.1% | -2.4% | ||
| Q1 24 | -19.2% | -10.3% |
| Q4 25 | $-0.02 | — | ||
| Q3 25 | $0.01 | — | ||
| Q2 25 | $0.28 | — | ||
| Q1 25 | $-1.92 | — | ||
| Q4 24 | $0.09 | — | ||
| Q3 24 | $-10.68 | — | ||
| Q2 24 | $-0.40 | — | ||
| Q1 24 | $-0.16 | — |
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 | $5.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $63.0M | $11.5M |
| Total Assets | $153.5M | $19.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.7M | $5.1M | ||
| Q3 25 | $6.7M | $5.1M | ||
| Q2 25 | $6.6M | $3.9M | ||
| Q1 25 | $11.7M | $7.0M | ||
| Q4 24 | $18.3M | $8.3M | ||
| Q3 24 | — | $7.9M | ||
| Q2 24 | — | $7.6M | ||
| Q1 24 | — | $7.1M |
| Q4 25 | $63.0M | $11.5M | ||
| Q3 25 | $94.7M | $12.8M | ||
| Q2 25 | $88.5M | $13.4M | ||
| Q1 25 | $71.9M | $13.3M | ||
| Q4 24 | $-67.8M | $13.2M | ||
| Q3 24 | $-7.4M | $13.1M | ||
| Q2 24 | $-74.0M | $12.6M | ||
| Q1 24 | $-9.4M | $12.7M |
| Q4 25 | $153.5M | $19.2M | ||
| Q3 25 | $191.0M | $18.9M | ||
| Q2 25 | $182.1M | $20.4M | ||
| Q1 25 | $148.5M | $21.5M | ||
| Q4 24 | $125.7M | $19.3M | ||
| Q3 24 | $52.2M | $18.8M | ||
| Q2 24 | $51.8M | $18.0M | ||
| Q1 24 | $51.5M | $17.6M |
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 | $68.4K |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-16.1M | $68.4K | ||
| Q3 25 | $-2.5M | $1.2M | ||
| Q2 25 | $-4.0M | $-2.8M | ||
| Q1 25 | $-5.0M | $-1.3M | ||
| Q4 24 | $-3.3M | $339.2K | ||
| Q3 24 | $-2.2M | $305.8K | ||
| Q2 24 | $-859.6K | $642.7K | ||
| Q1 24 | $-354.2K | $-422.3K |
| Q4 25 | — | — | ||
| Q3 25 | -4.47× | — | ||
| Q2 25 | -0.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -6.82× | — | ||
| 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% |
LSF
| Wholesale | $7.0M | 52% |
| Coffee Tea And Hot Chocolate Products | $4.4M | 33% |
| Hydration And Beverage Enhancing Supplements | $1.6M | 12% |
| Other | $352.6K | 3% |
