BitFuFu (FUFU) Financial Statements & Analysis

BitFuFu (FUFU) Income Statement

BitFuFu reported revenue of $477.53M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 3.1% from $463.33M a year earlier. BitFuFu posted a net loss of $31.25M, compared with net income of $53.96M a year earlier. Gross margin was 6.1% and operating margin 2.6%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $42.76M, down 62.9% from the same quarter a year earlier.

BitFuFu Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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BitFuFu Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Mar 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	477.53	463.33	284.11	284.11	198.20	103.04	1.23
Cost of Revenue	448.60	408.92	271.39	271.39	161.97	94.01	1.09
Gross Profit	28.93	29.72	12.71	12.71	36.23	9.03	0.14
Operating Expenses
Research & Development	2.54	5.60	1.74	1.74	1.56	0.47	0.69
Selling, General & Administrative	12.85	32.73	5.55	5.55	4.69	3.03	0.58
Operating Expenses	16.38	-36.47	-3.86	7.39	32.33	3.19	1.27
Operating Income	12.56	66.20	16.57	5.33	3.90	5.84	-1.13
Other Income/Expense
Interest Income	2.28	2.04	1.06	1.06	0.34	0.14	0.00
Interest Expense	8.56	-6.33	5.54	5.54	2.52	0.00	0.00
Other Income/Expense	-41.82	-4.57	-3.89	11.83	-2.12	0.13	0.03
Income
Income Before Tax	-29.26	61.63	12.68	12.68	1.78	5.97	-1.11
Income Tax Expense	1.88	7.67	2.18	2.18	-0.67	1.04	0.00
Net Income	-31.25	53.96	10.49	10.50	2.44	4.93	-1.11
Net Income - Continuous Operations	-31.25	53.96	10.49	10.50	2.44	4.93	-1.11
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	7.33	16.12	42.71	42.71	22.45	5.53	0.00
EBIT	-20.70	-8.61	-	18.21	29.37	5.53	-1.13
Depreciation & Amortization	28.03	24.73	24.50	24.50	18.16	0.00	1.13
Earnings Per Share
Basic EPS	-	-	-	-	-	-	-
Diluted EPS	-	-	-	-	-	-	-
Basic Shares Outstanding	164.33	160.99	162.90	162.90	162.90	142.50	157.89
Diluted Shares Outstanding	164.33	165.50	162.90	162.90	162.90	142.50	157.89

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About BitFuFu Financial Statements

What was BitFuFu's revenue in fiscal 2025?

BitFuFu reported revenue of $477.53M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 3.1% from $463.33M a year earlier.

Is BitFuFu profitable?

No. BitFuFu reported a net loss of $31.25M in fiscal 2025. In fiscal 2024 it earned $53.96M.

What is BitFuFu's operating margin?

BitFuFu's operating income was $12.56M on revenue of $477.53M in fiscal 2025, an operating margin of 2.6%, compared with 14.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition