Forge Global Holdings FRGE
Fintech Financial Services Marketplace Data & Analytics

Forge Global Holdings trades at 4.4x EV/NTM revenue on a $586.8M enterprise value. Revenue grew 10.6% year over year to $21.3M in the quarter ending September 2025, an annual run rate of $85.0M.

ARR ($M)
Net Dollar Retention
--
ARR Growth
--
EV / NTM Revenue
4.4x
Payback Period
EV / Run Rate
6.9x
Price & Key Metrics
Price Performance
Company Details
Share Price: 45.0
Last Filing Date: 2025-09-30
Last Filing: Form
Founding Year: 2014
IPO Year: 2022
% of 52 wk High: 100%
Description
Forge Global Holdings, Inc. engages in providing marketplace infrastructure, data services, and technology solutions for private market participants. It also offers a financial services platform, proprietary data, and insights to inform investment strategies.
Categories
Fintech Financial Services Marketplace Data & Analytics
Valuation
Market Cap: 619.048
Enterprise Value: 586.754
EV / Revenue Run Rate: 6.9x
EV / NTM Revenue: 4.4x
EV / 2026 Revenue Estimates: 4.3x
EV / 2027 Revenue Estimates: --
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: --
Customers: --
ARR: --
ARR Growth %: --
ARR/Customer ($K): --
ARR/Employee ($K): --
Revenue
Revenue Run Rate: 85
ARR: --
2026 Revenue Estimates: 137
2027 Revenue Estimates: --
2028 Revenue Estimates: --
LTM Revenue: 92
Last Year Run Rate: 76
Growth
Revenue Growth: 11%
ARR Growth: --
Growth Persistence: 302%
2026 Revenue Growth Estimates: 22%
2027 Revenue Growth Estimates: --
2028 Revenue Growth Estimates: --
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Forge Global Holdings growing?

Forge Global Holdings grew revenue 10.6% year over year, reaching $21.3M in the quarter ending September 2025.

What multiple does Forge Global Holdings trade at?

Forge Global Holdings trades at 4.4x EV/NTM revenue and 6.9x EV/run-rate, on an enterprise value of $586.8M.

Is Forge Global Holdings profitable?

For Forge Global Holdings, operating income was -$20.5M last quarter and LTM free cash flow margin is 25.0%.

What sector is Forge Global Holdings in?

Public Comps classifies Forge Global Holdings under Fintech, Financial Services, Marketplace, and Data & Analytics.

Where does Public Comps get Forge Global Holdings's data?

Figures come from Forge Global Holdings's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.