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Side-by-side financial comparison of Fold Holdings, Inc. (FLD) and Navitas Semiconductor Corp (NVTS). Click either name above to swap in a different company.
Fold Holdings, Inc. is the larger business by last-quarter revenue ($9.1M vs $8.6M, roughly 1.1× Navitas Semiconductor Corp). On growth, Fold Holdings, Inc. posted the faster year-over-year revenue change (8.2% vs -38.7%). Over the past eight quarters, Fold Holdings, Inc.'s revenue compounded faster (36.1% CAGR vs -35.2%).
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.
Navitas Semiconductor Corp is a leading global semiconductor firm specializing in gallium nitride (GaN) power integrated circuits. Its high-efficiency, compact power solutions serve consumer electronics, electric vehicles, renewable energy, and industrial sectors, with clients spanning North America, Asia, and Europe.
FLD vs NVTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $9.1M | $8.6M |
| Net Profit | $-34.7M | — |
| Gross Margin | — | 98.6% |
| Operating Margin | -380.0% | -260.6% |
| Net Margin | -379.9% | — |
| Revenue YoY | 8.2% | -38.7% |
| Net Profit YoY | -7232.4% | — |
| 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.
| Q1 26 | — | $8.6M | ||
| Q4 25 | $9.1M | $7.3M | ||
| Q3 25 | $7.4M | $10.1M | ||
| Q2 25 | $8.2M | $14.5M | ||
| Q1 25 | $7.1M | $14.0M | ||
| Q4 24 | $8.4M | $18.0M | ||
| Q3 24 | $5.2M | $21.7M | ||
| Q2 24 | $5.1M | $20.5M |
| Q1 26 | — | — | ||
| Q4 25 | $-34.7M | $-31.8M | ||
| Q3 25 | $554.2K | $-19.2M | ||
| Q2 25 | $13.4M | $-49.1M | ||
| Q1 25 | $-48.9M | $-16.8M | ||
| Q4 24 | $486.4K | $-39.9M | ||
| Q3 24 | $-62.3M | $-18.7M | ||
| Q2 24 | $-2.3M | $-22.3M |
| Q1 26 | — | 98.6% | ||
| Q4 25 | — | 38.1% | ||
| Q3 25 | — | 37.9% | ||
| Q2 25 | — | 16.1% | ||
| Q1 25 | — | 37.9% | ||
| Q4 24 | — | 12.4% | ||
| Q3 24 | — | 39.7% | ||
| Q2 24 | — | 39.0% |
| Q1 26 | — | -260.6% | ||
| Q4 25 | -380.0% | -567.3% | ||
| Q3 25 | 7.5% | -192.0% | ||
| Q2 25 | — | -149.4% | ||
| Q1 25 | -689.6% | -180.5% | ||
| Q4 24 | -9.1% | -216.9% | ||
| Q3 24 | -15.3% | -133.6% | ||
| Q2 24 | -12.2% | -152.1% |
| Q1 26 | — | — | ||
| Q4 25 | -379.9% | -436.1% | ||
| Q3 25 | 7.5% | -190.2% | ||
| Q2 25 | 164.2% | -338.7% | ||
| Q1 25 | -689.6% | -120.1% | ||
| Q4 24 | 5.8% | -221.7% | ||
| Q3 24 | -1188.7% | -86.4% | ||
| Q2 24 | -45.1% | -109.1% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.02 | $-0.14 | ||
| Q3 25 | $0.01 | $-0.09 | ||
| Q2 25 | $0.28 | $-0.25 | ||
| Q1 25 | $-1.92 | $-0.09 | ||
| Q4 24 | $0.09 | $-0.22 | ||
| Q3 24 | $-10.68 | $-0.10 | ||
| Q2 24 | $-0.40 | $-0.12 |
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 | $221.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $63.0M | $420.0M |
| Total Assets | $153.5M | $481.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $221.0M | ||
| Q4 25 | $7.7M | $236.9M | ||
| Q3 25 | $6.7M | $150.6M | ||
| Q2 25 | $6.6M | $161.2M | ||
| Q1 25 | $11.7M | $75.1M | ||
| Q4 24 | $18.3M | $86.7M | ||
| Q3 24 | — | $98.3M | ||
| Q2 24 | — | $111.7M |
| Q1 26 | — | $420.0M | ||
| Q4 25 | $63.0M | $443.7M | ||
| Q3 25 | $94.7M | $371.0M | ||
| Q2 25 | $88.5M | $388.9M | ||
| Q1 25 | $71.9M | $341.8M | ||
| Q4 24 | $-67.8M | $348.0M | ||
| Q3 24 | $-7.4M | $380.8M | ||
| Q2 24 | $-74.0M | $388.1M |
| Q1 26 | — | $481.4M | ||
| Q4 25 | $153.5M | $500.5M | ||
| Q3 25 | $191.0M | $430.2M | ||
| Q2 25 | $182.1M | $449.4M | ||
| Q1 25 | $148.5M | $370.8M | ||
| Q4 24 | $125.7M | $390.0M | ||
| Q3 24 | $52.2M | $419.4M | ||
| Q2 24 | $51.8M | $439.1M |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $-16.1M | $-8.1M | ||
| Q3 25 | $-2.5M | $-10.0M | ||
| Q2 25 | $-4.0M | $-11.2M | ||
| Q1 25 | $-5.0M | $-13.5M | ||
| Q4 24 | $-3.3M | $-10.2M | ||
| Q3 24 | $-2.2M | $-13.7M | ||
| Q2 24 | $-859.6K | $-15.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-8.2M | ||
| Q3 25 | — | $-10.7M | ||
| Q2 25 | — | $-11.9M | ||
| Q1 25 | — | $-13.6M | ||
| Q4 24 | — | $-10.8M | ||
| Q3 24 | — | $-14.3M | ||
| Q2 24 | — | $-17.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | -111.8% | ||
| Q3 25 | — | -106.1% | ||
| Q2 25 | — | -82.2% | ||
| Q1 25 | — | -96.8% | ||
| Q4 24 | — | -59.8% | ||
| Q3 24 | — | -65.9% | ||
| Q2 24 | — | -87.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 7.0% | ||
| Q2 25 | — | 4.7% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 13.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | -4.47× | — | ||
| Q2 25 | -0.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -6.82× | — | ||
| Q3 24 | — | — | ||
| Q2 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% |
NVTS
Segment breakdown not available.
