5 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 46.7% per year over the past 4 years.
Operating margin has contracted, at -5.0% in the latest year.
Financial health
Total debt has grown slower than revenue (-3.8% vs 46.7% per year).
Operating income covered interest expense -2.8× in the latest year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$478M
-$31M
6.1%
-5.0%
—
—
$28M
2024
$463M
$54M
6.4%
14.3%
—
$101M
$38M
2023
$284M
$10M
4.5%
5.8%
—
$102M
$32M
2022
$198M
$2M
18.3%
2.0%
—
$109M
$60M
2021
$103M
$5M
8.8%
5.7%
—
—
—
Valuation over time
How the market has priced FUFU against its own fundamentals since 2024-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 79.5× (Mar '24) to 9.4× (Nov '25).
The price-to-sales ratio has fallen from 2.9× (Mar '24) to 0.5× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is FUFU growing its revenue and profit?
Over the past 4 years, Bitfufu Inc.'s revenue has grown 46.7% per year. These are computed facts, not advice.
How much debt does FUFU have?
As of FY2025, Bitfufu Inc. reported — of total debt against $28M of cash; operating income covered interest expense -2.8×.
What is FUFU's profit margin?
In FY2025, gross margin was 6.1%, operating margin -5.0%, and net margin -6.5%.
What is FUFU's P/E ratio?
As of Jun '26, Bitfufu Inc. traded at a price-to-earnings ratio of about 9.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.