Bitfufu (FUFU) Operating Expenses (2023 - 2026)
Bitfufu (FUFU) reported Operating Expenses of -$20.95 million for the quarter ended Jun 30, 2026, compared with $40.29 million a year earlier.
Bitfufu (FUFU) Operating Expenses (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Bitfufu's Operating Expenses came in at -$66.1 million; for the year ended Dec 31, 2025, it came in at -$52.69 million.
- By year, Operating Expenses came in at $36.47 million in the year ended Dec 31, 2024 (+845.4%), $3.86 million in the year ended Dec 31, 2023, -$32.33 million in the year ended Dec 31, 2022 and -$3.19 million in the year ended Dec 31, 2021.
- Five-year quarterly Operating Expenses spans a low of -$38.32 million in the quarter ended Mar 31, 2026 and a high of $43.81 million in the quarter ended Mar 31, 2024.
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at -$38.32 million (quarter ended Mar 31, 2026), -$4.3 million (quarter ended Dec 31, 2025) and -$2.53 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 1.33 Bn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 7.26 Bn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 2.72 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 128.25 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 260.40 Mn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 4.28 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 2.98 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 52.67 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 207.36 Mn |
| 10 | Bitfufu | 223.46 Mn | -9.67 Bn | -959,000.00 | -20.95 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -20.95 Mn |
| Mar 31, 2026 | -38.32 Mn |
| Dec 31, 2025 | -4.30 Mn |
| Sep 30, 2025 | -2.53 Mn |
| Jun 30, 2025 | 40.29 Mn |
| Mar 31, 2025 | -23.57 Mn |
| Dec 31, 2024 | 28.02 Mn |
| Sep 30, 2024 | -4.90 Mn |
| Jun 30, 2024 | -8.79 Mn |
| Mar 31, 2024 | 43.81 Mn |
| Dec 31, 2023 | 5.47 Mn |
| Sep 30, 2023 | -1.96 Mn |
| Jun 30, 2023 | -664,000.00 |
| Mar 31, 2023 | 1.01 Mn |
Bitfufu Operating Expenses 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=operating-expenses&ticker=FUFU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=FUFU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();