Compared to Estimates, Forge Global (FRGE) Q3 Earnings: A Look at Key Metrics

Core Insights - Forge Global Holdings, Inc. reported $21.26 million in revenue for Q3 2025, a year-over-year increase of 10.6% [1] - The EPS for the same period was -$1.35, an improvement from -$1.50 a year ago [1] - Revenue fell short of the Zacks Consensus Estimate by 20.52%, which was $26.75 million [1] - The EPS also missed the consensus estimate of -$1.01 by 33.66% [1] Financial Performance - Key metrics indicate that Forge Global's shares have returned +155.4% over the past month, significantly outperforming the Zacks S&P 500 composite's +1.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3] Revenue Breakdown - Trading Solutions reported 875 trades, slightly below the two-analyst average estimate of 878 [4] - Custodial administration fees generated $9.1 million, close to the average estimate of $9.16 million [4] - Marketplace revenues were $12.16 million, significantly lower than the estimated $16.78 million [4]