BitFuFu (FUFU)
NASDAQ:FUFU
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Earnings Data
Report Date
May 25, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0Last Year’s EPS
-0.1Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call highlights solid operational progress in cloud mining: robust cloud revenue growth (+29.3% YoY), large registered user base, managed hashrate scale (26.1 EH/s), positive adjusted EBITDA, equipment and hosting revenue acceleration, and continued Bitcoin accumulation with reduced pledged BTC. However, these positives are tempered by a significant net loss driven by non-cash impairments and unrealized losses, a steep ~60% decline in self-mining revenue, margin pressure with a high blended cash cost to mine (~$77.6k/BTC), and lower cash balances. Overall, operational and strategic momentum in cloud and services is clear, but near-term financial results and mining economics remain challenged.Company Guidance
Revenue Growth Driven by Cloud Mining
Total revenue for FY2025 was $475.8 million, up from $463.3 million in 2024 (≈+2.8% YoY). Cloud Mining Solutions revenue grew 29.3% YoY to $350.6 million (from $271.0 million) and represented ~74% of total revenue in 2025 (versus ~59% in 2024).
Strong Cloud Demand and Customer Base
Registered cloud mining users surpassed 675,000 and institutional customers drove the majority of cloud mining revenue. Existing customers represented 79% of cloud mining sales (vs 77% in 2024). Net dollar retention was 100% in 2025, demonstrating strong stickiness despite a decline from 117% in 2024.
Managed Hashrate and Power Capacity Expansion / Diversification
Ended Dec 2025 with 26.1 EH/s of managed hashrate (3.7 EH/s self-owned and 22.4 EH/s third-party). Total available power capacity was 478 MW, including 164 MW of control capacity in Ethiopia and the U.S. Management diversified hashrate suppliers to mitigate concentration risk.
Positive Adjusted EBITDA and Bitcoin Treasury Growth
Reported adjusted EBITDA of $8.3 million for FY2025 (positive). Bitcoin holdings increased from 1,720 BTC at 2024 year-end to 1,778 BTC at 2025 year-end (+3.4%) and further to 1,830 BTC as of Feb 28, 2026 (+6.4% vs 1,720 BTC). Pledged bitcoins were reduced from 633 BTC to 274 BTC (≈-56.7%), improving balance sheet flexibility.
Strong Equipment Sales and Hosting Momentum
Mining equipment sales rose 76.4% YoY to $53.7 million (from $30.5 million). Hosting services and other revenue increased to $8.4 million from $4.3 million (~+95% YoY), driven by the miner-with-hosting program launched H2 2025.
Liquidity and Financing Availability
Cash and cash equivalents were $27.8 million at Dec 31, 2025 and the company had $85 million available under a $100 million revolving credit facility as of end-February 2026, supporting working capital and strategic optionality.
Operational Discipline and Strategic Positioning
Management emphasized disciplined capital allocation (no aggressive leverage), a hybrid cloud + self-mining model, proprietary Aladdin hashrate management platform, and a focus on converting owned power capacity into competitive cost advantages.
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 |
|---|---|---|---|
Mar 20, 2026 | $2.25 | $1.56 | -30.67% |
Nov 12, 2025 | $3.19 | $2.92 | -8.46% |
Aug 15, 2025 | $3.97 | $3.77 | -5.04% |
Jun 05, 2025 | $3.65 | $3.51 | -3.84% |
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 May 25, 2026, Before Open (Confirmed).
What is BitFuFu (FUFU) earnings time?
BitFuFu (FUFU) earnings time is at May 25, 2026, Before Open (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 2026 (Q1) is 0.