FRGE Q3 2025 Earnings — Forge Global Holdings, Inc. Revenue & Financial Results | Market Cap Arena

FRGEForge Global Holdings, Inc.

$623M

Q3 2025 Earnings

Technology Software - Application

Income Statement

Revenue

$21M+10.6% YoY

Gross Profit

-$7M-33.3% margin

Operating Income

-$20M-95.3% margin

Net Income

-$18M-85.7% margin

EPS (Diluted)

$-1.37

QoQ Revenue Growth

-23.4%

Cash Flow

Operating Cash Flow

-$11M

Free Cash Flow

-$11M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$252M

Total Liabilities

$46M

Stockholders' Equity

$203M

Cash & Equivalents

$32M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21M	$19M	+10.6%
Gross Profit	-$7M	-$10M	+26.4%
Operating Income	-$20M	-$21M	+3.1%
Net Income	-$18M	-$18M	+0.6%