Bitfufu (FUFU) Operating Margin (2023 - 2026)
Bitfufu's Operating Margin was 46.76% in the quarter ended Jun 30, 2026, up 0.71 percentage points from 46.05% a year earlier but down 6.50 percentage points from the prior quarter.
Bitfufu (FUFU) Operating Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Bitfufu's Operating Margin was -0.28% through Jun 30, 2026, down 27.01 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -4.98%, down 19.26 percentage points from the prior year.
- Operating Margin shows a five-year change of +85.71 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Operating Margin was 14.29% in the year ended Dec 31, 2024 (+8.45 pp), 5.83% in the year ended Dec 31, 2023 (+3.86 pp), 1.97% in the year ended Dec 31, 2022 (-3.70 pp) and 5.66% in the year ended Dec 31, 2021 (+96.35 pp).
- Quarterly Operating Margin has moved between -71.45% (the quarter ended Dec 31, 2025) and 53.25% (the quarter ended Mar 31, 2026) over five years.
- Compared with a year earlier, Operating Margin was higher in six of the last eight quarters, with an average year-over-year change of -0.12 percentage points.
- The best year-over-year quarter for Operating Margin over five years was the quarter ended Jun 30, 2025 (a gain of 44.33 percentage points); the worst was the quarter ended Dec 31, 2025 (a drop of 95.77 percentage points).
- Per Business Quant data, FUFU's Operating Margin in the three quarters before the quarter ended Jun 30, 2026 was 53.25% (quarter ended Mar 31, 2026), -71.45% (quarter ended Dec 31, 2025) and 7.80% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -9.30% |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 16.44% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 6.75% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -452.09% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 35.28% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 19.18% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 10.15% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | -25.50% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 15.16% |
| 10 | Bitfufu | 223.46 Mn | -9.67 Bn | -959,000.00 | 46.76% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.76% |
| Mar 31, 2026 | 53.25% |
| Dec 31, 2025 | -71.45% |
| Sep 30, 2025 | 7.80% |
| Jun 30, 2025 | 46.05% |
| Mar 31, 2025 | 38.47% |
| Dec 31, 2024 | 24.32% |
| Sep 30, 2024 | -5.42% |
| Jun 30, 2024 | 1.72% |
| Mar 31, 2024 | 30.33% |
| Dec 31, 2023 | 8.39% |
| Sep 30, 2023 | -3.11% |
| Jun 30, 2023 | 10.03% |
| Mar 31, 2023 | 5.87% |
Bitfufu Operating 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=operating-margin&ticker=FUFU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=FUFU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();