BITFUFU (FUFUW) Financials
Newest figures come from the 10-K for FY2025, filed Apr 28, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FUFUW SEC filings page.
BITFUFU (FUFUW) reported $477.5M in revenue for fiscal year 2025, up 3.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Reported profitability is not converting into operating cash, while 2025 exposes a sharp earnings reversal beneath largely stable gross margins.
From FY2023 through FY2025, operating cash flow remained deeply negative even as net income reached$54M in FY2024, indicating that reported earnings have not translated into cash from operations. Positive investing cash flow of$168M in FY2024 and$90M in FY2025 offset part of that operating drain, so the cash-flow profile depends materially on sources outside the core operating result.
FY2025 revenue was nearly flat versus FY2024, and gross margin stayed close to
The balance sheet became less equity-supported: total equity fell from
Financial Health Signals
BITFUFU does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
BITFUFU passes 1 of 8 computable financial strength tests (1 of the nine could not be computed from available data). No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
BITFUFU reported a net loss of $31.3M while operations used $112.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
BITFUFU reported an operating loss of $23.8M against $8.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
BITFUFU held $27.8M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
FUFUW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
FUFUW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K | Q2'2510-Q | Q4'2410-K | Q2'2410-Q | Q4'2310-K | Q4'2210-K |
|---|---|---|---|---|---|---|
| Total Assets | $357.6M-5.3% | $467.6M+59.5% | $377.7M+79.8% | $293.2M | $210.0M+5.9% | $198.3M |
| Current Assets | $324.5M+22.3% | $319.5M+48.2% | $265.3M+118.7% | $215.7M | $121.3M+38.5% | $87.6M |
| Cash & Equivalents | $27.8M-27.3% | $40.1M-17.1% | $38.2M+19.4% | $48.3M | $32.0M-47.0% | $60.4M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $145K-41.1% | $205K-64.1% | $246K | $571K | N/A | N/A |
| Accounts Receivable | $12.3M+12.8% | $18.9M+624.3% | $10.9M+184.7% | $2.6M | $3.8M-38.8% | $6.3M |
| Long-Term Investments | $177K | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $4.2M | $6.5M | N/A | N/A | N/A | N/A |
| Total Liabilities | $208.0M-3.4% | $265.2M+51.2% | $215.2M+11.7% | $175.4M | $192.7M+0.6% | $191.5M |
| Current Liabilities | $98.5M+54.1% | $107.7M+70.4% | $63.9M-26.0% | $63.2M | $86.4M+5.2% | $82.1M |
| Non-Current Liabilities | $109.5M-27.6% | $157.5M+40.4% | $151.3M+42.3% | $112.2M | $106.3M-2.8% | $109.4M |
| Long-Term Debt | N/A | $101.3M | $101.3M-1.1% | N/A | $102.4M-6.4% | $109.4M |
| Total Equity | $149.6M-7.9% | $202.4M+71.8% | $162.5M+837.2% | $117.8M | $17.3M+153.5% | $6.8M |
| Retained Earnings | $46.9M-40.0% | $108.4M+78.2% | $78.2M+339.9% | $60.8M | $17.8M+144.2% | $7.3M |
FUFUW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
FUFUW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Where BITFUFU Ranks
Frequently Asked Questions
What is BITFUFU's annual revenue?
BITFUFU (FUFUW) reported $477.5M in total revenue for fiscal year 2025. This represents a 3.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is BITFUFU's revenue growing?
BITFUFU (FUFUW) revenue grew by 3.1% year-over-year, from $463.3M to $477.5M in fiscal year 2025.
Is BITFUFU profitable?
No, BITFUFU (FUFUW) reported a net income of -$31.3M in fiscal year 2025, with a net profit margin of -6.5%.
What is BITFUFU's EBITDA?
BITFUFU (FUFUW) had EBITDA of $4.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is BITFUFU's gross margin?
BITFUFU (FUFUW) had a gross margin of 6.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is BITFUFU's operating margin?
BITFUFU (FUFUW) had an operating margin of -5.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is BITFUFU's net profit margin?
BITFUFU (FUFUW) had a net profit margin of -6.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is BITFUFU's return on equity (ROE)?
BITFUFU (FUFUW) has a return on equity of -20.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is BITFUFU's operating cash flow?
BITFUFU (FUFUW) recorded an outflow of $112.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are BITFUFU's total assets?
BITFUFU (FUFUW) had $357.6M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does BITFUFU spend on research and development?
BITFUFU (FUFUW) invested $2.5M in research and development during fiscal year 2025.
What is BITFUFU's current ratio?
BITFUFU (FUFUW) had a current ratio of 3.30 as of fiscal year 2025, which is generally considered healthy.
What is BITFUFU's debt-to-equity ratio?
BITFUFU (FUFUW) had a debt-to-equity ratio of 1.39 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is BITFUFU's return on assets (ROA)?
BITFUFU (FUFUW) had a return on assets of -8.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is BITFUFU's Piotroski F-Score?
BITFUFU (FUFUW) has a Piotroski F-Score of 1 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are BITFUFU's earnings high quality?
BITFUFU (FUFUW) reported a net loss of $31.3M while operations used $112.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can BITFUFU cover its interest payments?
BITFUFU (FUFUW) reported an operating loss of $23.8M against $8.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.