FRGE Q1 2025 Earnings — Forge Global Holdings, Inc. Revenue & Financial Results | Market Cap Arena

FRGEForge Global Holdings, Inc.

$623M

Q1 2025 Earnings

Technology Software - Application

Income Statement

Revenue

$25M+31.5% YoY

Gross Profit

$25M99.2% margin

Operating Income

-$16M-65.1% margin

Net Income

-$16M-63.9% margin

EPS (Diluted)

$-1.29

QoQ Revenue Growth

+36.1%

Cash Flow

Operating Cash Flow

-$13M

Free Cash Flow

-$13M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$249M

Total Liabilities

$33M

Stockholders' Equity

$214M

Cash & Equivalents

$70M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25M	$19M	+31.5%
Gross Profit	$25M	-$11M	+336.2%
Operating Income	-$16M	-$25M	+34.2%
Net Income	-$16M	-$19M	+13.2%

Revenue Segments

Marketplace

$16M63%

Custodial Administration Fees

$9M37%

Geographic Segments

Non-US

$2M100%