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Side-by-side financial comparison of Fold Holdings, Inc. (FLD) and SYNTEC OPTICS HOLDINGS, INC. (OPTX). Click either name above to swap in a different company.
Fold Holdings, Inc. is the larger business by last-quarter revenue ($9.1M vs $7.5M, roughly 1.2× SYNTEC OPTICS HOLDINGS, INC.). SYNTEC OPTICS HOLDINGS, INC. runs the higher net margin — -4.6% vs -379.9%, a 375.3% gap on every dollar of revenue. On growth, Fold Holdings, Inc. posted the faster year-over-year revenue change (8.2% vs 2.5%). Over the past eight quarters, Fold Holdings, Inc.'s revenue compounded faster (36.1% CAGR vs 9.5%).
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.
FLD vs OPTX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $9.1M | $7.5M |
| Net Profit | $-34.7M | $-343.8K |
| Gross Margin | — | 23.6% |
| Operating Margin | -380.0% | 4.2% |
| Net Margin | -379.9% | -4.6% |
| Revenue YoY | 8.2% | 2.5% |
| Net Profit YoY | -7232.4% | 77.7% |
| EPS (diluted) | $-0.02 | $-0.01 |
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 | $7.5M | ||
| Q3 25 | $7.4M | $7.0M | ||
| Q2 25 | $8.2M | $6.6M | ||
| Q1 25 | $7.1M | $7.1M | ||
| Q4 24 | $8.4M | $7.3M | ||
| Q3 24 | $5.2M | $7.9M | ||
| Q2 24 | $5.1M | $7.0M | ||
| Q1 24 | $4.9M | $6.3M |
| Q4 25 | $-34.7M | $-343.8K | ||
| Q3 25 | $554.2K | $-1.4M | ||
| Q2 25 | $13.4M | $-343.9K | ||
| Q1 25 | $-48.9M | $323.7K | ||
| Q4 24 | $486.4K | $-1.5M | ||
| Q3 24 | $-62.3M | $-13.3K | ||
| Q2 24 | $-2.3M | $281.8K | ||
| Q1 24 | $-945.0K | $-1.2M |
| Q4 25 | — | 23.6% | ||
| Q3 25 | — | 12.3% | ||
| Q2 25 | — | 24.4% | ||
| Q1 25 | — | 32.7% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | 23.3% | ||
| Q2 24 | — | 31.0% | ||
| Q1 24 | — | 11.3% |
| Q4 25 | -380.0% | 4.2% | ||
| Q3 25 | 7.5% | -17.5% | ||
| Q2 25 | — | -2.2% | ||
| Q1 25 | -689.6% | 7.5% | ||
| Q4 24 | -9.1% | -19.6% | ||
| Q3 24 | -15.3% | 1.4% | ||
| Q2 24 | -12.2% | 2.3% | ||
| Q1 24 | -14.7% | -22.5% |
| Q4 25 | -379.9% | -4.6% | ||
| Q3 25 | 7.5% | -20.6% | ||
| Q2 25 | 164.2% | -5.2% | ||
| Q1 25 | -689.6% | 4.6% | ||
| Q4 24 | 5.8% | -21.0% | ||
| Q3 24 | -1188.7% | -0.2% | ||
| Q2 24 | -45.1% | 4.0% | ||
| Q1 24 | -19.2% | -19.3% |
| Q4 25 | $-0.02 | $-0.01 | ||
| Q3 25 | $0.01 | $-0.04 | ||
| Q2 25 | $0.28 | $-0.01 | ||
| Q1 25 | $-1.92 | $0.01 | ||
| Q4 24 | $0.09 | $-0.05 | ||
| Q3 24 | $-10.68 | $0.00 | ||
| Q2 24 | $-0.40 | $0.01 | ||
| Q1 24 | $-0.16 | $-0.03 |
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 | — |
| Total DebtLower is stronger | — | $2.6M |
| Stockholders' EquityBook value | $63.0M | $9.5M |
| Total Assets | $153.5M | $24.3M |
| Debt / EquityLower = less leverage | — | 0.28× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.7M | — | ||
| Q3 25 | $6.7M | — | ||
| Q2 25 | $6.6M | — | ||
| Q1 25 | $11.7M | — | ||
| Q4 24 | $18.3M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $2.6M | ||
| Q3 25 | — | $2.7M | ||
| Q2 25 | — | $2.9M | ||
| Q1 25 | — | $3.0M | ||
| Q4 24 | — | $3.1M | ||
| Q3 24 | — | $3.2M | ||
| Q2 24 | — | $2.8M | ||
| Q1 24 | — | $3.0M |
| Q4 25 | $63.0M | $9.5M | ||
| Q3 25 | $94.7M | $9.8M | ||
| Q2 25 | $88.5M | $11.0M | ||
| Q1 25 | $71.9M | $11.4M | ||
| Q4 24 | $-67.8M | $11.0M | ||
| Q3 24 | $-7.4M | $12.1M | ||
| Q2 24 | $-74.0M | $12.1M | ||
| Q1 24 | $-9.4M | $11.9M |
| Q4 25 | $153.5M | $24.3M | ||
| Q3 25 | $191.0M | $24.6M | ||
| Q2 25 | $182.1M | $25.3M | ||
| Q1 25 | $148.5M | $26.3M | ||
| Q4 24 | $125.7M | $26.0M | ||
| Q3 24 | $52.2M | $27.3M | ||
| Q2 24 | $51.8M | $25.8M | ||
| Q1 24 | $51.5M | $24.6M |
| Q4 25 | — | 0.28× | ||
| Q3 25 | — | 0.28× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.28× | ||
| Q3 24 | — | 0.26× | ||
| Q2 24 | — | 0.23× | ||
| Q1 24 | — | 0.25× |
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 | $-3.9K |
| Free Cash FlowOCF − Capex | — | $-4.4K |
| FCF MarginFCF / Revenue | — | -0.1% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $28.3K |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-16.1M | $-3.9K | ||
| Q3 25 | $-2.5M | $535.3K | ||
| Q2 25 | $-4.0M | $-158.0K | ||
| Q1 25 | $-5.0M | $299.3K | ||
| Q4 24 | $-3.3M | $623.8K | ||
| Q3 24 | $-2.2M | $417.3K | ||
| Q2 24 | $-859.6K | $-1.7M | ||
| Q1 24 | $-354.2K | $-289.8K |
| Q4 25 | — | $-4.4K | ||
| Q3 25 | — | $496.3K | ||
| Q2 25 | — | $-548.1K | ||
| Q1 25 | — | $84.6K | ||
| Q4 24 | — | $12.1K | ||
| Q3 24 | — | $43.8K | ||
| Q2 24 | — | $-1.9M | ||
| Q1 24 | — | $-385.1K |
| Q4 25 | — | -0.1% | ||
| Q3 25 | — | 7.1% | ||
| Q2 25 | — | -8.4% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | -26.5% | ||
| Q1 24 | — | -6.2% |
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 5.9% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 8.4% | ||
| Q3 24 | — | 4.7% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 1.5% |
| Q4 25 | — | — | ||
| Q3 25 | -4.47× | — | ||
| Q2 25 | -0.30× | — | ||
| Q1 25 | — | 0.92× | ||
| Q4 24 | -6.82× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -6.01× | ||
| 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% |
OPTX
Segment breakdown not available.
