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Nasdaq · Financials

Bitfufu Inc. (FUFU)

As-reported financials and SEC filings for Bitfufu Inc. The latest annual period is FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Bitfufu Inc.

BitFuFu Inc. operates as a technology company with subsidiaries incorporated in Singapore and the United States. It is involved in blockchain-related activities, including cryptocurrency mining and hash calculations. The company serves clients interested in digital assets and blockchain technology.

Snapshot

Revenue
$477.5M
Revenue growth (YoY)
3.1%
Net income
$-31.3M
Diluted EPS
$-0.18
Gross margin
6.1%
Operating margin
-5.0%
Net margin
-6.5%
FCF margin
ROE
-20.9%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$248.3M
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Bitfufu

  • Revenue grew 3.1% to $478M in FY2025, slower than the 63.1% the year before.
  • Operating margin is now a 5.0% loss in FY2025, from 5.7% in FY2021.
  • Net income turned to a $31M loss in FY2025, from a $54M profit in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Bitfufu’s fundamentals sit among the 425 Financials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin6.1%
8th percentile of 51
Operating margin-5.0%
23rd percentile of 146
Net margin-6.5%
10th percentile of 377
Revenue growth (YoY)+3.1%
25th percentile of 420
ROE-20.9%
15th percentile of 375
Short interest1.37d
12th percentile of 420

Bitfufu’s gross margin of 6.1% ranks in the 8th percentile of the 51 Financials companies reporting it. Bitfufu’s net margin of -6.5% ranks in the 10th percentile of the 377 Financials companies reporting it. Bitfufu’s return on equity of -20.9% ranks in the 15th percentile of the 375 Financials companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
260.3K
settled 2026-08-14
Change vs prior
+14.7%
vs previous settlement
Days to cover
1.37
at avg daily volume
Avg daily volume
189.6K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14260.3K+14.7%1.37
2026-07-31226.9K-3.1%1.53
2026-07-15234.3K+0.7%1.61
2026-06-30232.7K+64.3%1.00
2026-06-15141.6K+34.6%1.00
2026-05-29105.2K-35.5%1.00
2026-05-15163.1K-1.8%1.00
2026-04-30166.1K-5.0%1.00

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$477.5M$463.3M$284.1M$198.2M$103.0M
Gross profit$28.9M$29.7M$12.7M$36.2M$9.0M
Operating income$-23.8M$66.2M$16.6M$3.9M$5.8M
Net income$-31.3M$54.0M$10.5M$2.4M$4.9M
Diluted EPS$-0.18$0.33$0.07$0.02$0.03

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$27.8M$38.2M$32.0M$60.4M$13.3M
Current assets$324.5M$265.3M$121.3M$87.6M
Total assets$357.6M$377.7M$210.0M$198.3M
Current liabilities$98.5M$63.9M$86.4M$82.1M
Long-term debt$101.3M$102.4M$109.4M
Total liabilities$208.0M$215.2M$192.7M$191.5M
Total equity$149.6M$162.5M$17.3M$6.8M$4.8M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-112.9M$-219.9M$-196.0M$-7.4M$15.9M
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Company facts

ExchangeNasdaq
SectorFinancials
SIC industryFinance Services
Latest annual periodFY2025 (ended December 31, 2025)
Oldest indexed filing2022
SEC CIK1921158

Selected SEC filings

20-F2026-04-28
View on EDGAR →
6-K2026-08-17
View on EDGAR →
6-K2026-08-07
View on EDGAR →
6-K2026-07-10
View on EDGAR →
6-K2026-06-22
View on EDGAR →

Largest Financials peers

All Financials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.