Company research
Bitfufu Inc.
CIK 1921158Updated Sep 25, 2026
FUFU price & chart
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Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 357,580,000Source | 377,678,000Source | 210,032,651Source | 198,335,358Source |
| Property, Plant and Equipment, NetUSD | 20,672,000Source | 55,981,000Source | 81,856,915Source | 106,290,963Source |
| GoodwillUSD | 4,235,000Source | — | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 27,761,000Source | 38,201,000Source | 32,004,995Source | 60,430,786Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 12,326,000Source | 10,926,000Source | 3,838,433Source | 6,269,847Source |
| Inventory, NetUSD | 145,000Source | 246,000Source | — | — |
| Assets, CurrentUSD | 324,536,000Source | 265,269,000Source | 121,268,999Source | 87,573,253Source |
| Operating Lease, Right-of-Use AssetUSD | 436,000Source | — | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 207,976,000Source | 215,216,000Source | 192,698,978Source | 191,496,147Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 17,000Source | 16,000Source | 15,000Source | 15,000Source |
| Retained Earnings (Accumulated Deficit)USD | 46,918,000Source | 78,170,000Source | 17,771,173Source | 7,276,711Source |
| Stockholders' Equity Attributable to ParentUSD | — | 162,462,000Source | 17,333,673Source | 6,839,211Source |
| Additional Paid in Capital, Common StockUSD | 97,166,000Source | 84,276,000Source | 1,547,500Source | 1,547,500Source |
| Liabilities and EquityUSD | 357,580,000Source | 377,678,000Source | 210,032,651Source | 198,335,358Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 98,487,000Source | 63,893,000Source | 86,359,996Source | 82,061,006Source |
| Operating Lease, Liability, CurrentUSD | 251,000Source | — | — | — |
| Accounts Payable, CurrentUSD | 4,659,000Source | 14,119,000Source | 805,956Source | 38,122Source |
| Operating Lease, Liability, NoncurrentUSD | 197,000Source | — | — | — |
| Deferred Income Tax Liabilities, NetUSD | 14,928,000Source | 15,072,000Source | 3,903,780Source | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 5,503,000Source | — | — | — |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | 10,930,000Source | — | — |
| Accrued Liabilities, CurrentUSD | 3,918,000Source | — | — | — |
| Long-term DebtUSD | — | 101,301,000Source | 102,435,202Source | 109,435,141Source |
| Long-term Debt, Current MaturitiesUSD | 15,000,000Source | — | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -31,142,000Source | — | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 588,000Source | 26,065,000Source | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | -102,000Source | 142,000Source | — | — |
| Increase (Decrease) in Accounts PayableUSD | -297,000Source | 1,366,000Source | 775,106Source | 25,214Source |
| Deferred Income Tax Expense (Benefit)USD | 934,000Source | 6,791,000Source | 4,150,705Source | -4,471,142Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -112,929,000Source | -219,874,000Source | -195,970,190Source | -7,444,009Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 9,386,000Source | — | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 89,844,000Source | 167,933,000Source | 176,896,742Source | 56,674,246Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | — | — | — | 2,000,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 5,735,000Source | 65,047,000Source | -9,352,343Source | -2,111,537Source |
| Repayments of Long-term DebtUSD | — | — | 6,999,939Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 27,761,000Source | 45,111,000Source | 32,004,995Source | 60,430,786Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 6,611,000Source | 1,200,000Source | 3,661,723Source | 1,634,599Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 588,000Source | 26,065,000Source | — | — |
| Deferred Other Tax Expense (Benefit)USD | -8,329,000Source | — | — | — |
| DepreciationUSD | 27,959,000Source | 24,730,000Source | 24,500,000Source | 18,160,000Source |
| Depreciation, NonproductionUSD | — | 43,000Source | 45,510Source | 22,304Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | 3,400,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -3,395,000Source | — | — | — |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | — | — | 6,990,000Source | 12,950,000Source |
| General and Administrative ExpenseUSD | 9,125,000Source | 25,271,000Source | 3,681,753Source | 2,735,501Source |
| GoodwillUSD | 4,235,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 177,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 1,878,000Source | 7,668,000Source | 2,183,284Source | -665,929Source |
| Investment Income, InterestUSD | 462,000Source | 416,000Source | 1,054,968Source | 343,188Source |
| Net Income (Loss) Attributable to ParentUSD | -31,252,000Source | 53,963,000Source | 10,494,462Source | 2,442,634Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 110,000Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -31,252,000Source | 53,963,000Source | — | — |
| Operating ExpensesUSD | 52,692,000Source | -36,474,000Source | -3,858,533Source | 32,331,198Source |
| Other Nonoperating Income (Expense)USD | 311,000Source | -277,000Source | 586,961Source | 49,664Source |
| Payments to Acquire InvestmentsUSD | 1,400,000Source | — | — | — |
| Proceeds from Issuance of Common StockUSD | 5,735,000Source | 75,187,000Source | — | 1,562,500Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | — | — | 99,755Source | 9,826,600Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 414,445,000Source | 305,819,000Source | 183,908,345Source | 137,908,151Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 477,532,000Source | 463,330,000Source | 284,106,012Source | 198,198,774Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -23,759,000Source | 66,196,000Source | 16,571,412Source | 3,900,972Source |
| Other Nonoperating Income (Expense)USD | 311,000Source | -277,000Source | 586,961Source | 49,664Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -29,264,000Source | 61,631,000Source | 12,677,746Source | 1,776,705Source |
| Income Tax Expense (Benefit)USD | 1,878,000Source | 7,668,000Source | 2,183,284Source | -665,929Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 110,000Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -31,252,000Source | 53,963,000Source | 10,494,462Source | 2,442,634Source |
| Earnings Per Share, BasicUSD per share | -0.19Source | 0.34Source | 0.07Source | 0.02Source |
| Earnings Per Share, DilutedUSD per share | -0.18Source | 0.33Source | 0.07Source | 0.02Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 164,334,429Source | 160,988,011Source | 150,000,000Source | 149,383,562Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 169,684,142Source | 165,500,289Source | 150,000,000Source | 149,383,562Source |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | 944,000Source | — | — | — |
| General and Administrative ExpenseUSD | 9,125,000Source | 25,271,000Source | 3,681,753Source | 2,735,501Source |
| Gross ProfitUSD | 28,933,000Source | 29,722,000Source | 12,712,879Source | 36,232,170Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -36,172,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 177,000Source | — | — | — |
| Interest ExpenseUSD | 8,562,000Source | 6,328,000Source | 5,535,595Source | 2,517,119Source |
| Interest Income, OtherUSD | 2,284,000Source | 1,624,000Source | — | — |
| Investment Income, InterestUSD | 462,000Source | 416,000Source | 1,054,968Source | 343,188Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -31,252,000Source | 53,963,000Source | — | — |
| Operating ExpensesUSD | 52,692,000Source | -36,474,000Source | -3,858,533Source | 32,331,198Source |
| Research and Development ExpenseUSD | 2,543,000Source | 5,600,000Source | 1,741,078Source | 1,564,367Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 414,445,000Source | 305,819,000Source | 183,908,345Source | 137,908,151Source |
| Selling and Marketing ExpenseUSD | 3,727,000Source | 7,462,000Source | 1,863,093Source | 1,952,111Source |