BitFuFu Inc. (NASDAQ:FUFU) Q2 2025 Earnings: Revenue Misses but EPS Surges, Stock Jumps 29% Pre-Market

BITFUFU INC. (NASDAQ:FUFU [https://www.chartmill.com/stock/quote/FUFU/profile]) REPORTS Q2 2025 EARNINGS: REVENUE MISSES ESTIMATES, EPS BEATS EXPECTATIONS

BitFuFu Inc., a leading Bitcoin miner and cloud-mining service provider, released its unaudited financial results for the second quarter of 2025. The company reported revenue of $115.4 MILLION, falling short of analyst estimates of $126.3 MILLION, a miss of approximately 8.6%. However, earnings per share (EPS) came in at $0.29 (BASIC) AND $0.28 (DILUTED), significantly surpassing the consensus estimate of $0.0689.

KEY FINANCIAL HIGHLIGHTS

*
REVENUE BREAKDOWN:

* Cloud mining solutions contributed $94.3 MILLION (81.7% OF TOTAL REVENUE), up 22.3% YEAR-OVER-YEAR.
* Self-mining operations generated $14.8 MILLION (12.8%), down sharply by 71% due to the Bitcoin halving event in April 2024 and increased network difficulty.
* Mining equipment sales saw a notable increase to $5.2 MILLION, up from just $0.1 MILLION in Q2 2024.

*
PROFITABILITY:

* Net income surged to $47.1 MILLION, compared to $1.3 MILLION in the same quarter last year, largely driven by a $39.6 MILLION UNREALIZED FAIR VALUE GAIN FROM BITCOIN PRICE APPRECIATION.
* Adjusted EBITDA improved to $60.7 MILLION, up from $8.3 MILLION in Q2 2024.

MARKET REACTION

Despite the revenue miss, the stock is showing STRONG PRE-MARKET GAINS OF ~29%, likely fueled by the substantial earnings beat and optimism around Bitcoin’s price trajectory. Over the past month, shares have been relatively flat (+2.3%), but the sharp post-earnings rally suggests investor confidence in BitFuFu’s profitability and operational efficiency.

OPERATIONAL GROWTH

* Total mining capacity under management expanded to 36.2 EH/S, up 46.6% YEAR-OVER-YEAR.
* Hosting capacity increased to 728 MW, up from 522 MW in Q2 2024.
* Cloud-mining registered users grew 57.7% to 623,114, indicating strong demand for its services.

OUTLOOK VS. ANALYST ESTIMATES

While BitFuFu did not provide explicit forward guidance, analysts project:

* Q3 2025 REVENUE AT $152.8 MILLION, representing a 32.4% SEQUENTIAL INCREASE.
* FULL-YEAR 2025 REVENUE AT $533.05 MILLION, implying continued growth.

CEO Leo Lu expressed optimism, citing EXPANDING INFRASTRUCTURE AND FAVORABLE BITCOIN MARKET CONDITIONS as key drivers for future performance.

CONCLUSION

BitFuFu’s Q2 results reflect a mixed picture—while revenue fell short of expectations, profitability exceeded forecasts due to Bitcoin’s price surge. The market’s bullish reaction suggests investors are prioritizing earnings strength over the top-line miss.

For more detailed earnings estimates and historical performance, visit BITFUFU’S EARNINGS PAGE [https://www.chartmill.com/stock/quote/FUFU/earnings-estimates].

_Disclaimer: This article is for informational purposes only and does not constitute investment advice._