Bitfufu vs Nebius Group
Bitfufu and Nebius Group are similar in size: $478m and $530m of revenue in their latest fiscal years. Nebius Group grew faster (479.0% against 3.1%). Nebius Group kept more of each dollar of sales as profit: a net margin of 15.6% against -6.5%. Bitfufu carries less debt relative to equity (73.1% against 105.3%).
| Latest fiscal year | BitfufuFUFU, 2025 | Nebius GroupNBIS, 2025 |
|---|---|---|
| Revenue | $478m | $530m |
| Revenue growth | 3.1% | 479.0% |
| Net income | −$31.3m | $82.5m |
| Operating margin | -5.0% | -115.5% |
| Net margin | -6.5% | 15.6% |
| Return on equity | -20.0% | 2.1% |
| Free cash flow | — | −$3.68bn |
| Cash | $27.8m | $3.68bn |
| Total debt | $109m | $4.84bn |
| Debt to equity | 73.1% | 105.3% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $168m | $38.31bn |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 11 buys, 126 sales |