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 -

Q2 2025

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.

BitFuFu (FUFU) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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FUFU Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 15, 2025	2025 (Q2)	0.07 / -	0.01	―	―	―
Jun 05, 2025	2025 (Q1)	0.04 / -0.10	0.217	-146.08% (-0.32)	―
Mar 25, 2025	2024 (Q4)	-0.03 / 0.14	―	―	―
Nov 05, 2024	2024 (Q3)	- / -0.03	0.042	-171.43% (-0.07)	―
Aug 20, 2024	2024 (Q2)	- / 0.01	0.06	-83.33% (-0.05)	―
May 20, 2024	2024 (Q1)	- / -	0.046	―	―
Apr 11, 2024	2023 (Q4)	- / 0.22	0.046	371.74% (+0.17)	―	―

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 Inc. (FUFU) report earnings?

Bitfufu Inc. (FUFU) is schdueled to report earning on Aug 15, 2025, Before Open (Confirmed).

What is Bitfufu Inc. (FUFU) earnings time?

Bitfufu Inc. (FUFU) earnings time is at Aug 15, 2025, 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 2025 (Q2) is 0.07.

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