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BitFuFu (FUFU)
NASDAQ:FUFU
Earnings Data
Report Date
Aug 26, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.06Last Year’s EPS
0.01Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Jun 05, 2025
|% Change Since: -3.29%
|Next Earnings Date:Aug 26, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a challenging quarter with significant revenue decline and net loss due to external factors like the Bitcoin halving and increased network difficulty. However, the company demonstrated resilience through strategic expansions, cost optimization, and recovery in mining capacity, indicating a positive outlook despite short-term setbacks.Company Guidance
In the call, BitFuFu provided guidance on their financial performance and strategic initiatives for the first quarter of 2025. The company reported total revenue of $78 million, a 46% decrease from the $144 million recorded in the first quarter of 2024, primarily due to the Bitcoin halving event reducing block subsidies and increased network difficulty. They experienced a net loss of $16.8 million and an adjusted EBITDA of negative $10.8 million, influenced by a $19.4 million unrealized fair value loss on digital assets. Despite these challenges, BitFuFu noted a recovery in mining capacity, reaching 34.1 EH/s by the end of May 2025, driven by the deployment of more efficient Antminer S21 units. The company also expanded its global footprint, adding new customers in Africa and Asia, with cloud mining services accounting for 69% of total revenue. BitFuFu emphasized its strategic focus on disciplined capital deployment, securing access to 80,000 new Antminer units, and maintaining financial flexibility with a total loan balance of $40 million as of March 31, 2025.Rebound in Mining Capacity
By April 30, hashrate increased to 28.3 EH/s, and further reached 34.1 EH/s by the end of May, showing a recovery following temporary setbacks.
Cost Structure Improvements
Average electricity price declined by 18% in Q1 2025 compared to Q1 2024, reflecting efforts to optimize cost structure.
Expansion into New Markets
Added new customers in key growth markets in Africa and Asia, diversifying revenue base and strengthening market position.
Strategic Acquisitions and Partnerships
Completed the acquisition of a mining facility in Oklahoma, advancing vertical integration strategy and expanding supplier base.
Strong Customer Growth Potential
New high-revenue customers onboarded in late 2023 and early 2024, demonstrating potential for new accounts to scale quickly.
FUFU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FUFU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 05, 2025 | $3.65 | $3.51 | -3.84% |
Mar 25, 2025 | $4.46 | $5.50 | +23.32% |
Nov 05, 2024 | $4.56 | $4.57 | +0.22% |
Aug 20, 2024 | $4.84 | $4.30 | -11.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does BitFuFu (FUFU) report earnings?
BitFuFu (FUFU) is schdueled to report earning on Aug 26, 2025, TBA Not Confirmed.
What is BitFuFu (FUFU) earnings time?
BitFuFu (FUFU) earnings time is at Aug 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FUFU EPS forecast?
FUFU EPS forecast for the fiscal quarter 2025 (Q2) is 0.06.