Forge Global Holdings, Inc.

Forge Global Holdings, Inc. Earnings Recaps

FRGE 1 recap
Q2 2025 Aug 1, 2025

Forge Global reported its second consecutive record-beating quarter with continued improvements in revenue and the narrowest quarterly adjusted EBITDA loss since going public, reflecting strong demand for private market solutions.

Key takeaways
  • Achieved record revenue growth, marking another strong performance in Q2 2025.
  • Narrowed adjusted EBITDA loss significantly, demonstrating improved operational efficiency.
  • Launched a next-generation marketplace aimed at enhancing user engagement and transaction autonomy.
  • Established Forge Price as a key pricing standard in the private market, enhancing transparency for nearly 200 private companies.
  • Announced plans to launch new investment vehicles, expanding access to retail and nonaccredited investors.
Full recap