BitFuFu Inc. (FUFU) posted a first quarter net loss of $16.9 million, compared to net income of $35.3 million, a year ago. Net loss per share was $0.10 compared to profit of $0.22. Adjusted EBITDA was negative at $10.8 million, compared to positive $49.9 million in the same period of 2024.
Total revenue in the first quarter was $78.0 million, a decrease of 46.0% from $144.4 million in the same period of 2024, primarily due to the decline in cloud mining revenue and self-mining revenue.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.