Bitfufu (FUFU) Gross Margin (2023 - 2026)
Bitfufu (FUFU) reported Gross Margin of -2.24% for the quarter ended Jun 30, 2026, down 13.38 percentage points from 11.14% a year earlier and down 2.76 percentage points from the prior quarter.
Bitfufu (FUFU) Gross Margin (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Bitfufu's Gross Margin came in at 2.26%, down 2.01 percentage points year-over-year; for the year ended Dec 31, 2025, it was 6.06%, down 0.36 percentage points from the prior year.
- Gross Margin has a five-year change of -11379.62 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Gross Margin came in at 6.41% in the year ended Dec 31, 2024 (+1.94 pp), 4.47% in the year ended Dec 31, 2023 (-13.81 pp), 18.28% in the year ended Dec 31, 2022 (+9.52 pp) and 8.76% in the year ended Dec 31, 2021 (-11376.92 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Gross Margin since the quarter ended Dec 31, 2024.
- Year over year, Gross Margin gained in four of the last eight quarters, with an average year-over-year change of -2.65 percentage points.
- The high point for year-over-year Gross Margin in five years was the quarter ended Mar 31, 2024 (a gain of 10.87 percentage points); the low point was the quarter ended Jun 30, 2026 (a drop of 13.38 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 0.51% (quarter ended Mar 31, 2026), 2.39% (quarter ended Dec 31, 2025) and 3.96% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | - |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 47.84% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 75.71% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 54.74% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 61.04% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 87.70% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 65.60% |
| 10 | Bitfufu | 223.46 Mn | -9.67 Bn | -959,000.00 | -2.24% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.24% |
| Mar 31, 2026 | 0.51% |
| Dec 31, 2025 | 2.39% |
| Sep 30, 2025 | 3.96% |
| Jun 30, 2025 | 11.14% |
| Mar 31, 2025 | 8.28% |
| Dec 31, 2024 | -3.94% |
| Sep 30, 2024 | 1.05% |
| Jun 30, 2024 | 8.51% |
| Mar 31, 2024 | 15.00% |
| Dec 31, 2023 | 2.21% |
| Sep 30, 2023 | 0.08% |
| Jun 30, 2023 | 10.90% |
| Mar 31, 2023 | 4.13% |
Bitfufu Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FUFU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FUFU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FUFU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();