BMNR · Bitmine Immersion Technologies, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.52M | $2.29M | $2.05M | $1.52M | $1.20M | - | $1.22M | $891.6K | $511.3K | $142.1K |
| Cost of Revenue | $1.44M | $1.02M | - | - | - | - | - | - | - | - |
| Gross Profit | $77.0K | $1.27M | $490.9K | $304.7K | $120.2K | - | $221.7K | $323.6K | $104.1K | $69.7K |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $74.99M | $223.44M | $33.1K | $102.3K | $82.3K | - | $100.3K | $229.0K | $68.4K | $183.6K |
| Total Operating Expenses | $3.85B | $5.47B | $958.8K | $1.22M | $1.00M | - | $756.2K | $972.4K | $716.0K | $584.9K |
| D&A | $124.0K | $124.0K | $180.7K | $227.7K | $130.6K | - | $232.8K | $235.4K | $59.1K | $147.0K |
| Operating Income | ($3.84B) | ($5.47B) | ($468.0K) | ($913.6K) | ($884.0K) | - | ($534.5K) | ($648.7K) | ($611.9K) | ($515.2K) |
| Interest Expense | $60.0K | $200.0K | - | - | - | - | $56.6K | - | - | - |
| Income Tax | - | ($92.30M) | - | - | - | - | - | - | - | - |
| Net Income | ($3.82B) | ($5.20B) | ($622.8K) | ($1.16M) | ($974.7K) | - | ($654.2K) | ($902.7K) | ($929.9K) | ($523.7K) |
| EPS - Basic | ($8.40) | ($15.98) | ($0.31) | ($0.03) | ($0.08) | - | ($0.01) | ($0.02) | ($0.02) | ($0.01) |
| EPS - Diluted | ($8.40) | ($15.98) | ($0.31) | ($0.03) | ($0.08) | - | ($0.01) | ($0.02) | ($0.02) | ($0.01) |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $879.58M | $887.68M | $512.00M | $483.0K | $797.3K | $200.0K | $499.3K | $342.3K | $470.5K | $270.5K |
| Accounts Receivable | - | - | $374.4K | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | $470.4K | $760.6K | $300.1K | - | $400.6K | $403.7K | $202.5K | $74.9K |
| Current Assets | $885.88M | $889.03M | $513.01M | $1.15M | $1.36M | - | $1.56M | $1.66M | $1.96M | $750.0K |
| Total Assets | $9.89B | $11.49B | $8.80B | $7.50M | $7.93M | - | $7.28M | $7.85M | $8.58M | $8.20M |
| Current Liabilities | $16.35M | $137.13M | $9.96M | $4.60M | $4.08M | - | $3.13M | $2.52M | $2.61M | $1.56M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $36.17M | $235.74M | $102.26M | $4.65M | $4.13M | - | $3.20M | $2.87M | $2.97M | $1.95M |
| Stockholders' Equity | $9.86B | $11.25B | $8.69B | $2.85M | $3.81M | - | $4.09M | $4.98M | $5.61M | $6.26M |
| Retained Earnings | ($8.69B) | ($4.87B) | $337.39M | ($13.32M) | ($12.16M) | - | ($8.22M) | ($6.76M) | ($5.86M) | ($4.93M) |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($228.36M) | - | - | ($95.9K) | - | - | - | ($45.3K) | - |
| Investing Cash Flow | - | ($7.42B) | - | - | ($18.0K) | - | - | - | ($79.7K) | - |
| Financing Cash Flow | - | $8.03B | - | - | $412.0K | - | - | - | $325.0K | - |
| CapEx | - | $376.0K | - | - | $18.0K | - | - | - | $79.7K | - |
| Free Cash Flow | - | ($228.73M) | - | - | ($113.9K) | - | - | - | ($125.0K) | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 5.1% | 55.3% | 23.9% | 20.1% | 10.0% | - | 18.1% | 36.3% | 20.4% | 49.1% |
| Operating margin | -253169.5% | -238564.8% | -22.8% | -60.2% | -73.6% | - | -43.6% | -72.8% | -119.7% | -362.5% |
| EBITDA margin | -253161.4% | -238559.4% | -14.0% | -45.2% | -62.7% | - | -24.6% | -46.4% | -108.1% | -259.0% |
| Net margin | -251708.2% | -226955.7% | -30.4% | -76.2% | -81.2% | - | -53.4% | -101.2% | -181.9% | -368.5% |
| Free cash flow margin | - | -9975.2% | - | - | -9.5% | - | - | - | -24.5% | - |
| FCF / Net income | - | 0.04 | - | - | 0.12 | - | - | - | 0.13 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 4943.2% | 9744.3% | 1.6% | 6.7% | 6.9% | - | 8.2% | 25.7% | 13.4% | 129.2% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -38.6% | -45.3% | -0.0% | -15.4% | -12.3% | - | -9.0% | -11.5% | -10.8% | -6.4% |
| Return on equity | -38.7% | -46.3% | -0.0% | -40.5% | -25.6% | - | -16.0% | -18.1% | -16.6% | -8.4% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 54.19 | 6.48 | 51.50 | 0.25 | 0.33 | - | 0.50 | 0.66 | 0.75 | 0.48 |
| Quick ratio | 54.19 | 6.48 | 51.50 | 0.25 | 0.33 | - | 0.50 | 0.66 | 0.75 | 0.48 |
| Cash ratio | 53.80 | 6.47 | 51.40 | 0.11 | 0.20 | - | 0.16 | 0.14 | 0.18 | 0.17 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -64009.7x | -27351.5x | - | - | - | - | -9.5x | - | - | - |
| Equity multiplier | 1.00 | 1.02 | 1.01 | 2.63 | 2.08 | - | 1.78 | 1.58 | 1.53 | 1.31 |
| Liabilities / Assets | 0.00 | 0.02 | 0.01 | 0.62 | 0.52 | - | 0.44 | 0.37 | 0.35 | 0.24 |
| Efficiency | ||||||||||
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.20 | 0.15 | - | 0.17 | 0.11 | 0.06 | 0.02 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | 67d | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 0.9x | 1.0x | 0.0x | - | - | - | - | - | - | - |
| P / S | 5688.0x | 4703.9x | 42.6x | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -0.0% | 91.0% | 67.5% | 70.2% | 134.9% | - | 761.9% | 471.2% | - | 757.9% |
| Revenue CAGR (3y) | 113.4% | - | 398.5% | 63.2% | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -74.7% | 955.7% | 121.4% | -5.8% | 15.5% | - | 217.9% | 433.7% | - | - |
| Operating income growth (YoY) | -420268.4% | -618698.7% | 12.5% | -40.8% | -44.5% | - | -3.8% | -115.0% | -24.4% | -24.7% |
| Net income growth (YoY) | -329958.1% | -533796.8% | 4.8% | -28.2% | -4.8% | - | -24.9% | -193.6% | -97.6% | -7.6% |
| EPS growth (YoY) | -27900.0% | -19875.0% | -3000.0% | -50.0% | -300.0% | - | 0.0% | - | 0.0% | 0.0% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | -200658.3% | - | - | 8.9% | - | - | - | 89.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 345416.1% | 295263.6% | 212541.9% | -42.7% | -32.1% | - | -34.7% | -26.2% | -20.0% | -15.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-08-31.
Product / service
$6.80M totalSelf Mining$3.13M · 46.1%
Leasing$1.88M · 27.7%
Sale Of Mining Equipment$846.0K · 12.4%
Transformers$704.0K · 10.4%
Consulting$235.0K · 3.5%
Peer comparison
Same SIC group: Finance Services
Comparing BITMINE IMMERSION TECHNOLOGIES against the 5 most active filers in the same SIC group.
Dividends
$0.01/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Dec 8, 2025 | $0.0100 |