BitFuFu Reports 6.8% Revenue Drop to $72.7M and $0.21 Loss Per Share
FUFU•FUFU•FUFU•FUFU•BitFuFu Inc posted a $0.21 loss per share, missing a $0.03 profit forecast, as revenue dropped 6.8% year-over-year to $72.66M. Net loss widened to $35.0M, driven by a $35.6M non-cash fair-value loss on Bitcoin holdings.
BitFuFu reported a $0.21 loss per share versus a $0.03 profit forecast, with quarterly revenue of $72.66M falling 6.8% from $78.0M in Q1 2025 and trailing the $93.35M consensus estimate.
Net loss expanded to $35.0M from $16.9M a year earlier, largely due to a $35.6M non-cash fair-value impairment on Bitcoin holdings following market price declines.
The company maintained a 3.30 current ratio, signaling strong short-term liquidity, while its negative P/E of -10.00 underscores ongoing challenges in achieving profitability.
