Bitfufu (FUFU) Operating Expenses (2023 - 2024)

Bitfufu's quarterly Operating Expenses came in at -$8.5 billion in Q4 2024, down 627.58% year-on-year from $1.6 billion in Q1 2024, and down 73.33% quarter-over-quarter from -$4.9 billion in Q3 2024.

Bitfufu has reported Operating Expenses for 2 years, with the latest figure at -$8.5 billion in Q4 2024.

  • For the quarter ending Q4 2024, Operating Expenses fell 627.58% year-over-year to -$8.5 billion; the trailing twelve-month figure through Dec 2025 stood at -$13.4 billion (up 39.57% YoY), and the FY2025 full-year result was $52.7 million, up 244.46% from the prior year.
  • Operating Expenses for Q4 2024 stood at -$8.5 billion, down from -$4.9 billion in the prior quarter.
  • The five-year high for Operating Expenses was $1.6 billion in Q4 2023, with the low at -$8.8 billion in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn - 13.47 Bn
2 Goldman Sachs 318.59 Bn -618.96 Bn - 10.43 Bn
3 Schwab Charles 154.74 Bn 109.76 Bn - 3.29 Bn
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn 656.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn - 381.00 Mn
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn 242.35 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn - 4.45 Bn
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn 81.75 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn - 330.51 Mn
10 Bitfufu 340.99 Mn 318.21 Mn - -

Historic Data

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DateValue
Dec 31, 2024 -8.49 Bn
Sep 30, 2024 -4.90 Bn
Jun 30, 2024 -8.79 Bn
Mar 31, 2024 22.14 Mn
Dec 31, 2023 1.61 Bn
Sep 30, 2023 -1.96 Bn
Jun 30, 2023 -664.00 Mn
Mar 31, 2023 1.01 Mn