Forge Global Holdings, Inc. (FRGE)

Financial Services · Security & Commodity Brokers, Dealers, Exchanges & Services · Price $45.00
Updated: Jun 4, 2026
Revenue (TTM)
$92.9M
Trailing 12 Months
Growth Rate
11.25%
Log-Linear Regression (15Q)
Price/Sales
6.5x
Valuation Multiple
Revenue Per Share
$6.96
Sales / Shares
Gross Margin
98.98%
Pricing Power

📈 Revenue History (15 Quarters)

🧮 FRGE Revenue Breakdown

Revenue = Product Sales + Service Revenue + Other Income
Total Revenue (TTM) $92.9M
Less: Cost of Revenue $951.0K
Equals: Gross Profit $91.9M
Then: Operating Income $-68.6M
Finally: Net Income $-62.6M

Understanding Revenue

Revenue, also called sales or the "top line," represents the total income a company generates from its business activities before any costs are deducted. For FRGE, the trailing twelve month revenue is $92.9M.

Why Revenue Matters

Revenue is the foundation of all financial analysis. A company cannot have sustainable profits without revenue, and revenue growth often drives stock price appreciation. However, revenue alone doesn't tell the full story - it must be analyzed alongside profitability metrics.

FRGE's revenue growth rate of 11.25% (based on log-linear regression of 15 quarters) indicates healthy growth above the market average.

Revenue vs Profitability Metrics

Free Cash Flow: $-59.5M →

The cash remaining after capital expenditures. High revenue with negative FCF may indicate heavy reinvestment or poor cash conversion.

Owner Earnings: $-46.8M →

Buffett's metric for true cash generation. Compares revenue's conversion to actual owner value.

Earnings Per Share: $-3.75 →

Net income per share. The bottom line result of all revenue after costs, taxes, and interest.

Net Income: $-62.6M

What remains after all expenses. Net margin shows what percentage of revenue becomes profit.

Price/Sales Ratio Analysis

FRGE's P/S ratio of 6.5x means investors pay $6.46 for every $1 of annual revenue. A P/S between 3-10 suggests investors expect continued growth and margin expansion.

Gross Margin: Revenue Quality

Gross margin of 98.98% shows how much of FRGE's revenue remains after direct costs. High gross margins above 60% often indicate strong pricing power, brand value, or intellectual property moats.

Summary: FRGE Revenue Trend

Forge Global Holdings, Inc. (FRGE) generated $92.9M in trailing twelve-month revenue, growing at 11.25% annually — above the 10% threshold Zyberno considers healthy growth above market averages. Forge Global Holdings, Inc. (FRGE) gross margin is 98.98% — displayed for reference. Zyberno does not classify gross margin for financial sector companies because their revenue derives from net interest income and fee structures rather than product sales, making cost-of-revenue a structurally different concept. Net interest margin and efficiency ratios are the appropriate classification measures for this sector. For complete financial analysis, view the full FRGE stock report on Zyberno.

Frequently Asked Questions

What is FRGE's current revenue?

Forge Global Holdings, Inc.'s trailing twelve month (TTM) revenue is $92.9M, growing at 11.25% annually — above the 10% threshold Zyberno considers healthy growth above market averages.

Is FRGE's revenue growing?

Forge Global Holdings, Inc. (FRGE) generated $92.9M in trailing twelve-month revenue, growing at 11.25% annually — above the 10% threshold Zyberno considers healthy growth above market averages. Forge Global Holdings, Inc. (FRGE) gross margin is 98.98% — displayed for reference. Zyberno does not classify gross margin for financial sector companies because their revenue derives from net interest income and fee structures rather than product sales, making cost-of-revenue a structurally different concept. Net interest margin and efficiency ratios are the appropriate classification measures for this sector.

What is FRGE's gross margin?

Forge Global Holdings, Inc. (FRGE) gross margin is 98.98% — displayed for reference. Zyberno does not classify gross margin for financial sector companies because their revenue derives from net interest income and fee structures rather than product sales, making cost-of-revenue a structurally different concept. Net interest margin and efficiency ratios are the appropriate classification measures for this sector.

What is FRGE's Price/Sales ratio?

FRGE's P/S ratio is 6.5x, meaning the market values the company at 6.5 times its annual revenue.

How does revenue differ from profit?

Revenue is the total income before any expenses, while profit (net income) is what remains after all costs. FRGE's revenue is $92.9M with a net income of $-62.6M, showing a net profit margin of -67.4%.

📊 Valuation Trilogy
Three interconnected metrics built on Owner Earnings
💎
Intrinsic Value
DCF Fair Value
🛡️
Margin of Safety
Valuation Gap
🎯
Expected Return
Projected Annual
Click any metric for full methodology and detailed analysis

📊 Full FRGE Stock Report

See FRGE's intrinsic value, margin of safety, DCF valuation, and complete financial analysis with 250+ metrics.

💵 FRGE Free Cash Flow

Compare to Free Cash Flow which subtracts all capital expenditures, not just maintenance CapEx.

💰 FRGE Owner Earnings

Compare to Buffett's Owner Earnings metric which uses maintenance CapEx instead of total capital expenditures.

📈 FRGE Earnings Per Share

Analyze EPS trends, P/E ratio, earnings yield, and per-share profitability metrics.

🎯 FRGE Earnings Surprise (SUE)

See whether FRGE is beating or missing its own earnings trend — Standardized Unexpected Earnings and post-earnings drift.

📊 FRGE Revenue

Analyze revenue trends, growth rate, P/S ratio, and top-line sales performance.

💰 FRGE Net Income

Analyze the bottom-line profit, P/E ratio, and net profit margin trends.

🔶 FRGE Operating Income

Analyze EBIT, operating margin, and core business profitability before interest and taxes.

💜 FRGE Gross Profit

Analyze gross margin, pricing power, and profitability before operating expenses.

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