# SHF Holdings, Inc.: overview

SHFS · Nasdaq · CIK 1854963 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/shfs.md) · [Financials](/companies/shfs/financials.md) · [Filings](/companies/shfs/filings.md) · [Insiders](/companies/shfs/insiders.md)

Latest reported revenue: [$1.9m](/filings/0001493152-26-036606.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 7, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001493152-26-036606).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [3,483](/filings/0001493152-25-021644.md) | [3,672 d](/filings/0001493152-26-016778.md) | [1,932](/filings/0001493152-26-023748.md) | [1,845](/filings/0001493152-26-036606.md) | [1,834](/filings/0001493152-25-021644.md) | [2,062 d](/filings/0001493152-26-016778.md) | [1,975](/filings/0001493152-26-023748.md) | [1,935](/filings/0001493152-26-036606.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [5.1%](/filings/0001493152-25-021644.md) | [(215.0%) d](/filings/0001493152-26-016778.md) | [(103.1%)](/filings/0001493152-26-023748.md) | [(52.6%)](/filings/0001493152-26-036606.md) | [(66.4%)](/filings/0001493152-25-021644.md) | [(59.1%) d](/filings/0001493152-26-016778.md) | [(89.3%)](/filings/0001493152-26-023748.md) | [(53.0%)](/filings/0001493152-26-036606.md) |
| Net margin | % | [10.2%](/filings/0001493152-25-021644.md) | [(1407.1%) d](/filings/0001493152-26-016778.md) | [(42.8%)](/filings/0001493152-26-023748.md) | [(50.4%)](/filings/0001493152-26-036606.md) | [9.8%](/filings/0001493152-25-021644.md) | [(28.3%) d](/filings/0001493152-26-016778.md) | [(90.1%)](/filings/0001493152-26-023748.md) | [(78.2%)](/filings/0001493152-26-036606.md) |
| Diluted EPS | $ per share | [0.13](/filings/0001493152-25-021644.md) | not reported | [(0.30)](/filings/0001493152-26-023748.md) | [(0.33)](/filings/0001493152-26-036606.md) | [0.06](/filings/0001493152-25-021644.md) | not reported | [(0.43)](/filings/0001493152-26-023748.md) | [(0.36)](/filings/0001493152-26-036606.md) |
| Free cash flow | $k | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [7.0](/filings/0001493152-23-012291.md) | [9.5](/filings/0001493152-24-012360.md) | [17.6](/filings/0001641172-25-003608.md) | [15.2](/filings/0001493152-26-016778.md) | [7.7](/filings/0001493152-26-016778.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [46.9%](/filings/0001493152-23-012291.md) | [(23.2%)](/filings/0001493152-24-012360.md) | [(118.0%)](/filings/0001641172-25-003608.md) | [(46.5%)](/filings/0001493152-26-016778.md) | [(70.4%)](/filings/0001493152-26-016778.md) |
| Net margin | % | [46.9%](/filings/0001493152-23-012291.md) | [(370.6%)](/filings/0001493152-24-012360.md) | [(98.4%)](/filings/0001641172-25-003608.md) | [(317.0%)](/filings/0001493152-26-016778.md) | [(28.2%)](/filings/0001493152-26-016778.md) |
| Diluted EPS | $ per share | not reported | [(1.85)](/filings/0001493152-24-012360.md) | [(8.12)](/filings/0001641172-25-003608.md) | [(17.43)](/filings/0001493152-26-016778.md) | [(0.82)](/filings/0001493152-26-016778.md) |
| Free cash flow | $m | [2.9](/filings/0001493152-23-012291.md) | [1.7](/filings/0001493152-24-012360.md) | [(1.0)](/filings/0001641172-25-003608.md) | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/shfs/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BOOTHBAY FUND MANAGEMENT, LLC](/funds/1549230.md) | 2026-06-30 | $48.5k | 201,958 |  | Unchanged |
| [Clear Street Group Inc.](/funds/1881567.md) | 2026-06-30 | $6.1k | 225,558 |  | Added +100 |
| [D. E. Shaw & Co., Inc.](/funds/1009207.md) | 2026-06-30 | $5.1k | 188,000 |  | Unchanged |
| [RIVERNORTH CAPITAL MANAGEMENT, LLC](/funds/1447578.md) | 2026-06-30 | $1.8k | 87,500 |  | Unchanged |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $982 | 36,523 |  | New +36,523 |
| [Aristides Capital LLC](/funds/1595521.md) | 2026-06-30 | $673 | 25,000 |  | Unchanged |
| [GTS SECURITIES LLC](/funds/1452765.md) | 2026-06-30 | $365 | 13,530 |  | Added +100 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $269 | 10,000 |  | Unchanged |
| [WOLVERINE ASSET MANAGEMENT LLC](/funds/1279891.md) | 2026-06-30 | $222 | 8,250 |  | Unchanged |
| [SkyView Investment Advisors, LLC](/funds/1848237.md) | 2026-03-31 | $2 | 54,050 |  | Not compared |

## Recent filings

[All 371 filings](/companies/shfs/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-30 | 17:24 ET | [8-K](/filings/0001493152-26-049470.md) | 3.02 Unregistered sale of equity | 0001493152-26-049470 |
| 2026-10-26 | 08:24 ET | [8-K](/filings/0001493152-26-048425.md) | 3.02 Unregistered sale of equity; 8.01 Other events; 9.01 Financial statements and exhibits | 0001493152-26-048425 |
| 2026-10-20 | 16:45 ET | [8-K](/filings/0001493152-26-047774.md) | 3.01 Delisting notice; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-047774 |
| 2026-10-06 | 08:30 ET | [8-K](/filings/0001493152-26-045868.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001493152-26-045868 |
| 2026-10-01 | 20:31 ET | [8-K](/filings/0001493152-26-045183.md) | 3.03 Change to security holders’ rights; 5.03 Amendment to articles or bylaws; 9.01 Financial statements and exhibits | 0001493152-26-045183 |
| 2026-09-28 | 08:00 ET | [8-K](/filings/0001493152-26-044453.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-044453 |
| 2026-08-19 | 17:20 ET | [8-K](/filings/0001493152-26-039257.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001493152-26-039257 |
| 2026-08-10 | 08:15 ET | [8-K](/filings/0001493152-26-036747.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001493152-26-036747 |
| 2026-08-07 | 16:31 ET | [10-Q](/filings/0001493152-26-036606.md) | Quarterly report, period 2026-06-30 | 0001493152-26-036606 |
| 2026-08-05 | 17:30 ET | [8-K](/filings/0001493152-26-036225.md) | 5.02 Departure or appointment of officers or directors; 8.01 Other events; 9.01 Financial statements and exhibits | 0001493152-26-036225 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001493152-26-016778.md), filed Apr 15, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1854963
- Tickers: SHFS, SHFSW
- Exchange: Nasdaq
- SIC code: 6199 Finance Services
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 17:32 ET. No prices; not investment advice.
