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Side-by-side financial comparison of Fold Holdings, Inc. (FLD) and Worksport Ltd (WKSP). Click either name above to swap in a different company.
Fold Holdings, Inc. is the larger business by last-quarter revenue ($9.1M vs $4.7M, roughly 1.9× Worksport Ltd). On growth, Worksport Ltd posted the faster year-over-year revenue change (62.0% vs 8.2%). Over the past eight quarters, Worksport Ltd's revenue compounded faster (204.2% CAGR vs 36.1%).
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.
Worksport LtdWKSPEarnings & Financial Report
Worksport Ltd is a cleantech company specializing in portable solar energy solutions and custom truck bed accessories. Its core offerings include solar-powered tonneau covers for pickup trucks and portable mobile power stations, serving the North American automotive aftermarket and consumer clean energy segments.
FLD vs WKSP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $9.1M | $4.7M |
| Net Profit | $-34.7M | — |
| Gross Margin | — | 30.1% |
| Operating Margin | -380.0% | -129.6% |
| Net Margin | -379.9% | — |
| Revenue YoY | 8.2% | 62.0% |
| Net Profit YoY | -7232.4% | — |
| EPS (diluted) | $-0.02 | $-0.65 |
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 | $4.7M | ||
| Q3 25 | $7.4M | $5.0M | ||
| Q2 25 | $8.2M | $4.1M | ||
| Q1 25 | $7.1M | $2.2M | ||
| Q4 24 | $8.4M | $2.9M | ||
| Q3 24 | $5.2M | $3.1M | ||
| Q2 24 | $5.1M | $1.9M | ||
| Q1 24 | $4.9M | $512.6K |
| Q4 25 | $-34.7M | — | ||
| Q3 25 | $554.2K | $-4.9M | ||
| Q2 25 | $13.4M | $-3.7M | ||
| Q1 25 | $-48.9M | $-4.5M | ||
| Q4 24 | $486.4K | — | ||
| Q3 24 | $-62.3M | $-4.1M | ||
| Q2 24 | $-2.3M | $-4.0M | ||
| Q1 24 | $-945.0K | $-3.7M |
| Q4 25 | — | 30.1% | ||
| Q3 25 | — | 31.3% | ||
| Q2 25 | — | 26.4% | ||
| Q1 25 | — | 17.7% | ||
| Q4 24 | — | 11.1% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | — | 15.4% | ||
| Q1 24 | — | 7.3% |
| Q4 25 | -380.0% | -129.6% | ||
| Q3 25 | 7.5% | -95.6% | ||
| Q2 25 | — | -88.1% | ||
| Q1 25 | -689.6% | -190.0% | ||
| Q4 24 | -9.1% | -137.0% | ||
| Q3 24 | -15.3% | -125.1% | ||
| Q2 24 | -12.2% | -203.5% | ||
| Q1 24 | -14.7% | -709.9% |
| Q4 25 | -379.9% | — | ||
| Q3 25 | 7.5% | -98.3% | ||
| Q2 25 | 164.2% | -91.0% | ||
| Q1 25 | -689.6% | -199.1% | ||
| Q4 24 | 5.8% | — | ||
| Q3 24 | -1188.7% | -132.4% | ||
| Q2 24 | -45.1% | -208.9% | ||
| Q1 24 | -19.2% | -724.6% |
| Q4 25 | $-0.02 | $-0.65 | ||
| Q3 25 | $0.01 | $-0.75 | ||
| Q2 25 | $0.28 | $-0.71 | ||
| Q1 25 | $-1.92 | $-1.05 | ||
| Q4 24 | $0.09 | $-1.14 | ||
| Q3 24 | $-10.68 | $-1.40 | ||
| Q2 24 | $-0.40 | $-1.55 | ||
| Q1 24 | $-0.16 | $-1.75 |
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 | $5.9M |
| Total DebtLower is stronger | — | $2.7M |
| Stockholders' EquityBook value | $63.0M | $22.9M |
| Total Assets | $153.5M | $30.7M |
| Debt / EquityLower = less leverage | — | 0.12× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $7.7M | $5.9M | ||
| Q3 25 | $6.7M | $3.8M | ||
| Q2 25 | $6.6M | $1.4M | ||
| Q1 25 | $11.7M | $5.1M | ||
| Q4 24 | $18.3M | $4.9M | ||
| Q3 24 | — | $1.9M | ||
| Q2 24 | — | $3.4M | ||
| Q1 24 | — | $3.5M |
| Q4 25 | — | $2.7M | ||
| Q3 25 | — | $2.9M | ||
| Q2 25 | — | $2.5M | ||
| Q1 25 | — | $3.1M | ||
| Q4 24 | — | $5.3M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $63.0M | $22.9M | ||
| Q3 25 | $94.7M | $19.8M | ||
| Q2 25 | $88.5M | $17.3M | ||
| Q1 25 | $71.9M | $20.1M | ||
| Q4 24 | $-67.8M | $17.4M | ||
| Q3 24 | $-7.4M | $16.4M | ||
| Q2 24 | $-74.0M | $19.1M | ||
| Q1 24 | $-9.4M | $18.9M |
| Q4 25 | $153.5M | $30.7M | ||
| Q3 25 | $191.0M | $27.0M | ||
| Q2 25 | $182.1M | $23.6M | ||
| Q1 25 | $148.5M | $26.7M | ||
| Q4 24 | $125.7M | $25.7M | ||
| Q3 24 | $52.2M | $24.9M | ||
| Q2 24 | $51.8M | $27.2M | ||
| Q1 24 | $51.5M | $27.3M |
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.14× | ||
| Q1 25 | — | 0.16× | ||
| Q4 24 | — | 0.30× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-6.1M |
| Free Cash FlowOCF − Capex | — | $-6.3M |
| FCF MarginFCF / Revenue | — | -132.4% |
| Capex IntensityCapex / Revenue | — | 3.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-18.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-16.1M | $-6.1M | ||
| Q3 25 | $-2.5M | $-4.3M | ||
| Q2 25 | $-4.0M | $-3.1M | ||
| Q1 25 | $-5.0M | $-3.8M | ||
| Q4 24 | $-3.3M | $-2.2M | ||
| Q3 24 | $-2.2M | $-1.5M | ||
| Q2 24 | $-859.6K | $-3.6M | ||
| Q1 24 | $-354.2K | $-2.8M |
| Q4 25 | — | $-6.3M | ||
| Q3 25 | — | $-4.6M | ||
| Q2 25 | — | $-3.2M | ||
| Q1 25 | — | $-4.0M | ||
| Q4 24 | — | $-2.2M | ||
| Q3 24 | — | $-1.7M | ||
| Q2 24 | — | $-3.7M | ||
| Q1 24 | — | $-3.0M |
| Q4 25 | — | -132.4% | ||
| Q3 25 | — | -92.1% | ||
| Q2 25 | — | -77.1% | ||
| Q1 25 | — | -180.4% | ||
| Q4 24 | — | -75.4% | ||
| Q3 24 | — | -54.5% | ||
| Q2 24 | — | -195.1% | ||
| Q1 24 | — | -586.7% |
| Q4 25 | — | 3.3% | ||
| Q3 25 | — | 7.3% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | — | 0.9% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 6.4% | ||
| Q1 24 | — | 41.5% |
| 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% |
WKSP
Segment breakdown not available.
