Forge Global Holdings, Inc.
Forge Global Holdings, Inc.
Insider Sentiment (TTM):
Last Purchase:2025-08-06Last Sale:2025-08-20Shares Purchased (TTM):0Shares Sold (TTM):0
Institutional Sentiment:
As of:2025-12-31Institutional Shares Owned:6,151,158Shares Outstanding:13,341,000Institutional Ownership Pct.:46.11%
Earnings Market Reaction:
Filing Date:2025-11-13Price on Filing Date:N/APrevious Close:N/A% Change:N/A
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Financial Statements
Values in Millions ($) | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 32 | 54 | 70 | 105 | 114 | 120 | 130 | 145 | 155 | 160 | 175 | 193 | |||||
Restricted Cash Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | |||||
Assets Current | |||||||||||||||||
Assets Current | 78 | 100 | 107 | 119 | 129 | 137 | 149 | 163 | 170 | 176 | 186 | 207 | |||||
Short Term Investments | 28 | 26 | 22 | - | - | - | - | - | - | - | - | - | |||||
Accounts Receivable Net Current | 8 | 8 | 6 | 5 | 5 | 5 | 6 | 4 | 4 | 5 | 3 | 4 | |||||
Prepaid Expense And Other Assets Current | 8 | 10 | 8 | 8 | 9 | 11 | 12 | 13 | 10 | 11 | 6 | 8 | |||||
Property Plant And Equipment Net | 1 | 2 | 2 | 3 | 4 | 4 | 5 | 5 | 0 | 0 | 0 | 8 | |||||
Capitalized Computer Software Net | - | - | - | - | - | - | - | - | 5 | 6 | 6 | 8 | |||||
Intangible Assets Net Including Goodwill | 158 | 126 | 126 | 126 | 127 | 128 | 129 | 130 | 131 | 132 | 133 | 134 | |||||
Operating Lease Right Of Use Asset | 4 | 4 | 4 | 5 | 7 | 7 | 8 | 4 | 3 | 4 | 5 | 6 | |||||
Other Assets Noncurrent | 1 | 2 | 2 | 2 | 3 | 3 | 2 | 3 | 2 | 2 | 2 | 2 | |||||
Assets | 252 | 243 | 249 | 264 | 277 | 286 | 299 | 311 | 318 | 326 | 338 | 364 | |||||
Stockholders Equity | |||||||||||||||||
Liabilities And Stockhold… | |||||||||||||||||
Accounts Payable Current | 2 | 3 | 2 | 2 | 2 | 2 | 3 | 2 | 1 | 2 | 1 | 3 | |||||
Accrued Employee Benefits Current | 15 | 14 | 10 | 13 | 11 | 9 | 7 | 11 | 9 | 6 | 7 | 13 | |||||
Liabilities Current | |||||||||||||||||
Liabilities Current | 31 | 25 | 21 | 25 | 24 | 21 | 24 | 24 | 21 | 18 | 17 | 26 | |||||
Accounts Payable And Other Accrued Liabilities Cur… | 8 | 7 | 7 | 6 | 8 | 7 | 12 | 9 | 8 | 7 | 6 | 6 | |||||
Operating Lease Liability Current | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 4 | |||||
Business Combination Contingent Consideration Liab… | 4 | - | - | - | - | - | - | - | - | - | - | - | |||||
Operating Lease Liability Noncurrent | 3 | 3 | 3 | 4 | 4 | 5 | 6 | 3 | 2 | 3 | 3 | 4 | |||||
Business Combination Contingent Consideration Liab… | 2 | - | - | - | - | - | - | - | - | - | - | - | |||||
Warrants And Rights Outstanding | 0 | 0 | 0 | 0 | 2 | 3 | 5 | 10 | 3 | 4 | 0 | 1 | |||||
Other Liabilities Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities | 46 | 39 | 33 | 37 | 38 | 36 | 42 | 42 | 32 | 31 | 27 | 38 | |||||
Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | - | - | - | 0 | - | - | - | - | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Treasury Stock Common Value | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | - | - | - | 0 | |||||
Additional Paid In Capital | 596 | 576 | 576 | 571 | 566 | 558 | 551 | 544 | 535 | 525 | 516 | 509 | |||||
Temporary Equity Carrying Amount Attributable To P… | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Retained Earnings Accumulated Deficit | -394 | -376 | -363 | -347 | -331 | -313 | -299 | -281 | -255 | -236 | -212 | -190 | |||||
Stockholders Equity | 206 | 204 | 217 | 224 | 235 | 245 | 252 | 264 | 286 | 295 | 305 | 325 | |||||
Minority Interest | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 5 | 5 | 6 | 6 | 6 | |||||
Liabilities And Stockholders Equity | 252 | 243 | 249 | 264 | 277 | 286 | 299 | 311 | 318 | 326 | 338 | 364 | |||||
Allowance For Doubtful Accounts Receivable Current | 2 | 2 | - | - | - | - | - | - | - | - | - | - | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | - | - | - | 0 | - | - | - | - | |||||
Preferred Stock Shares Authorized | 100 | 100 | 100 | 100 | - | - | - | 100 | - | - | - | - | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | - | - | - | 0 | - | - | - | - | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | - | - | - | 0 | - | - | - | - | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 133 | 133 | 133 | 2,000 | - | - | - | 2,000 | - | - | - | - | |||||
Common Stock Shares Issued | 14 | 12 | 13 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | |||||
Shares Outstanding | 14 | 12 | 13 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | |||||
Temporary Equity Par Or Stated Value Per Share | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Treasury Stock Common Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | 0 | |||||
Temporary Equity Shares Authorized | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Temporary Equity Shares Issued | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Temporary Equity Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Temporary Equity Liquidation Preference | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.65% | 41.69% | 30.35% | -13.69% | -27.29% | -23.86% | 0.45% | 0.77% | 1.34% | - | - | - |
| 2024 | -18.56% | -24.74% | -18.56% | 6.87% | 2.29% | -9.16% | -3.54% | -20.85% | -34.27% | -0.64% | 26.64% | 37.00% |
| 2023 | 17.33% | 62.00% | 88.00% | -17.54% | -28.77% | -20.35% | 43.72% | 48.48% | -19.05% | -29.81% | -32.45% | -42.26% |
| 2022 | - | - | - | - | - | - | -16.35% | 12.58% | 28.30% | -8.94% | -17.32% | -36.31% |
Earnings Market Reaction data beyond 3 years is for subscribers only. Unlock the full earnings market reaction history Start 7-day free trial | ||||||||||||
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Performance and Valuation Metrics
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Metrics | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.55 | 3.98 | 5.01 | 4.74 | 5.37 | 6.55 | 6.16 | 6.74 | 8.23 | 10.03 | 10.82 | 7.84 | |||||
| Quick Ratio | 2.28 | 3.58 | 4.62 | 4.41 | 5.00 | 6.03 | 5.64 | 6.19 | 7.74 | 9.42 | 10.48 | 7.52 | |||||
| Working Capital | 47.58M | 74.84M | 85.97M | 94.02M | 105.31M | 116.11M | 124.52M | 138.89M | 149.75M | 158.73M | 168.88M | 180.50M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.22 | 0.19 | 0.15 | 0.16 | 0.16 | 0.15 | 0.16 | 0.16 | 0.11 | 0.10 | 0.09 | 0.12 | |||||
| Interest Coverage TTM | -18.95 | -15.97 | -14.72 | -14.50 | -13.79 | -13.03 | -14.12 | -14.24 | -15.62 | -22.17 | -28.61 | -50.37 | |||||
| Debt Ratio | 0.18 | 0.16 | 0.13 | 0.14 | 0.14 | 0.13 | 0.14 | 0.14 | 0.10 | 0.09 | 0.08 | 0.11 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.35 | 0.34 | 0.31 | 0.28 | 0.27 | 0.26 | 0.23 | 0.21 | 0.20 | 0.18 | 0.18 | 0.22 | |||||
| Days Sales Outstanding TTM | 25.61 | 25.40 | 24.38 | 20.18 | 20.19 | 21.23 | 21.92 | 19.89 | 18.68 | 19.58 | 19.27 | 23.47 | |||||
| Receivables Turnover TTM | 14.25 | 14.37 | 14.97 | 18.08 | 18.08 | 17.19 | 16.65 | 18.35 | 19.54 | 18.64 | 18.94 | 15.55 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -4.69 | -5.03 | -5.10 | -5.43 | -6.16 | -6.26 | -7.30 | -7.80 | -7.88 | -7.67 | -5.99 | -11.56 | |||||
| Free Cash Flow Per Share TTM | -3.00 | -2.77 | -3.31 | -3.38 | -3.29 | -3.12 | -3.08 | -3.63 | -3.80 | -4.50 | -4.94 | -7.19 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 98.98% | 99.19% | 99.02% | 99.15% | 99.32% | 99.22% | 99.40% | 99.38% | 99.50% | 99.58% | 99.43% | 99.30% | |||||
| Operating Profit Margin TTM | -73.80% | -75.85% | -86.34% | -103.70% | -110.25% | -111.93% | -127.05% | -130.98% | -140.33% | -178.31% | -183.93% | -194.63% | |||||
| Net Profit Margin TTM | -67.43% | -69.09% | -74.85% | -83.62% | -94.73% | -96.29% | -119.03% | -129.22% | -135.29% | -136.59% | -105.95% | -161.22% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 16.40% | 14.78% | 16.03% | 13.62% | 18.08% | 21.91% | 13.49% | 0.63% | -17.81% | -30.93% | -44.11% | -45.82% | |||||
| Net Income Growth (1Y) | -17.15% | -17.64% | -27.03% | -26.48% | -17.33% | -14.06% | 27.50% | -19.34% | -17.56% | -16.41% | -33.84% | 504.68% | |||||
| EPS Growth (1Y) | -23.75% | -19.59% | -30.18% | -30.39% | -21.87% | -18.44% | 21.82% | -33.09% | -19.51% | -19.41% | -74.58% | 128.25% | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -40.06M | -34.61M | -41.43M | -41.33M | -40.41M | -38.02M | -36.97M | -41.98M | -44.15M | -51.99M | -56.62M | -69.03M | |||||
| Net Debt | -33.44M | -55.45M | -71.60M | -106.26M | -115.56M | -121.56M | -130.68M | -145.78M | -156.43M | -160.81M | -176.91M | -194.97M | |||||
Per-Share and Margin | |||||||||||||||||
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| Adjusted EPS TTM | |||||||||||||||||
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| Pretax Margin TTM | |||||||||||||||||
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Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
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| Net Income Growth (3Y) | |||||||||||||||||
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| Net Profit Margin Growth (1Y) | |||||||||||||||||
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| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
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| Total Debt | |||||||||||||||||
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Insider Transactions
2025-08-20Sale
Owner: Rodriques, Kelly
Title: Chief Executive Officer
Shares: 3,530
Price/Share: $19.71
Value: $69,576.30
Shares Owned: 572,332
Relationship: Director,Officer
Ownership: Direct
2025-08-06Purchase
Owner: Nevin, James
Title: Chief Financial Officer
Shares: 1,950
Price/Share: $22.65
Value: $44,167.50
Shares Owned: 24,124
Relationship: Officer
Ownership: Direct
2025-06-17Sale
Owner: Phillips, Jennifer
Title: Chief Revenue & Growth Officer
Shares: 810
Price/Share: $16.43
Value: $13,308.30
Shares Owned: 17,281
Relationship: Officer
Ownership: Direct
2025-05-29Sale
Owner: Phillips, Jennifer
Title: Chief Revenue & Growth Officer
Shares: 1,126
Price/Share: $15.02
Value: $16,912.52
Shares Owned: 18,933
Relationship: Officer
Ownership: Direct
2025-05-19Sale
Owner: Phillips, Jennifer
Title: Chief Revenue & Growth Officer
Shares: 500
Price/Share: $15.00
Value: $7,500.00
Shares Owned: 20,059
Relationship: Officer
Ownership: Direct
Subscribe to unlock 17+ years of financial data
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Institutional Ownership
No data available for chart
2025-12-31
46.11%
Inst. Shares: 6,151,158
Shares Outstanding: 13,341,000
2025-09-30
38.17%
Inst. Shares: 5,092,487
Shares Outstanding: 13,341,000
2025-06-30
35.56%
Inst. Shares: 4,435,701
Shares Outstanding: 12,474,000
2025-03-31
39.19%
Inst. Shares: 4,912,536
Shares Outstanding: 12,534,000
2024-12-31
38.33%
Inst. Shares: 4,682,732
Shares Outstanding: 12,216,790
Forge Global Holdings, Inc. (FRGE) — SEC Financial Statements & Analysis
Forge Global Holdings, Inc. (FRGE) is a security & commodity brokers, dealers, exchanges & services company, incorporated in DE. Forge Global Holdings, Inc. trades on NYSE as: FRGE. Based on its latest SEC filing (Form 10-Q, period ending 2025-09-30), Forge Global Holdings, Inc. reported a 16.40% year-over-year revenue growth, a Gross Profit Margin of 98.98% (TTM), a Debt-to-Equity ratio of 0.22x. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 16.40%
- Gross Profit Margin TTM
- 98.98%
- Debt To Equity
- 0.22x
Data as of 2025-09-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Forge Global Holdings, Inc. in?
Forge Global Holdings, Inc. (FRGE) operates in the Security & Commodity Brokers, Dealers, Exchanges & Services industry.
What exchange does FRGE trade on?
Forge Global Holdings, Inc. (FRGE) trades on the NYSE.
Where is Forge Global Holdings, Inc. incorporated?
Forge Global Holdings, Inc. is incorporated in DE.