Bitfufu Inc. income statement

In fiscal 2025, Bitfufu Inc. reported revenue of $478m, up 3.1% on the year before, operating income of −$23.8m (a -5.0% margin) and net income of −$31.3m, or −$0.18 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Bitfufu Inc.: income statement, annual
Fiscal year	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	103	198	284	463	478
Cost of revenue	94	162	271	434	449
Gross profit	9	36	13	30	29
Research and development	0	2	2	6	3
Selling and marketing	2	2	2	7	4
General and administrative	1	3	4	25	9
Operating income	6	4	17	66	−24
Interest expense	—	3	6	6	9
Provision for credit losses	—	10	0	—	—
Income before tax	6	2	13	62	−29
Income tax	1	−1	2	8	2
Net income	5	2	10	54	−31
Diluted EPS	$0.03	$0.02	$0.07	$0.33	−$0.18
Diluted shares (average)	143m	149m	150m	166m	170m
EBITDA	2,866	22	41	91	4

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Bitfufu Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Bitfufu Inc.