BITMINE IMMERSION TECHNOLOGIES, INC.BMNREarnings & Financial Report
Bitmine Immersion Technologies is a tech firm focused on developing and providing professional immersion cooling solutions for high-performance computing scenarios, including cryptocurrency mining rig clusters and data center infrastructure. Its products boost hardware operating efficiency, cut energy consumption for heat control, extend high-power computing equipment lifespan, and help clients reduce long-term operational costs.
BMNR Q2 FY2026 Key Financial Metrics
Revenue
$11.0M
Gross Profit
$9.6M
Operating Profit
$-3.8B
Net Profit
$-3.8B
Gross Margin
87.1%
Operating Margin
-34784.7%
Net Margin
-34583.9%
YoY Growth
627.6%
EPS
$-8.40
BITMINE IMMERSION TECHNOLOGIES, INC. Q2 FY2026 Financial Summary
BITMINE IMMERSION TECHNOLOGIES, INC. reported revenue of $11.0M (up 627.6% YoY) for Q2 FY2026, with a net profit of $-3.8B (down 330212.5% YoY) (-34583.9% margin). Cost of goods sold was $1.4M, operating expenses totaled $3.9B.
Key Financial Metrics
| Total Revenue | $11.0M |
|---|---|
| Net Profit | $-3.8B |
| Gross Margin | 87.1% |
| Operating Margin | -34784.7% |
| Report Period | Q2 FY2026 |
BITMINE IMMERSION TECHNOLOGIES, INC. Annual Revenue by Year
BITMINE IMMERSION TECHNOLOGIES, INC. annual revenue history includes year-by-year totals (for example, 2024 revenue was $3.3M).
BITMINE IMMERSION TECHNOLOGIES, INC. Quarterly Revenue & Net Profit History
BITMINE IMMERSION TECHNOLOGIES, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $11.0M | +627.6% | $-3.8B | -34583.9% |
| Q1 FY2026 | $2.3M | +90.9% | $-5.2B | -226955.7% |
| Q3 FY2025 | $2.1M | +67.5% | $-622.8K | -30.4% |
| Q2 FY2025 | $1.5M | +70.2% | $-1.2M | -76.2% |
| Q1 FY2025 | $1.2M | +134.9% | $-974.0K | -81.1% |
| Q4 FY2024 | $682.4K | +178.2% | N/A | N/A |
| Q3 FY2024 | $1.2M | +761.9% | $-654.2K | -53.4% |
| Q2 FY2024 | $891.6K | +471.2% | $-902.7K | -101.2% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $891613 | $1.2M | $682436 | $1.2M | $1.5M | $2.1M | $2.3M | $11.0M |
| YoY Growth | 471.2% | 761.9% | 178.2% | 134.9% | 70.2% | 67.5% | 90.9% | 627.6% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.8M | $8.2M | $7.3M | $7.9M | $7.5M | $8.3M | $11.49B | $9.89B |
| Liabilities | $2.9M | $3.6M | $3.2M | $4.1M | $4.6M | $5.4M | $235.7M | $36.2M |
| Equity | $5.0M | $4.6M | $4.1M | $3.8M | $2.9M | $2.9M | $11.25B | $9.86B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-159014 | $-42713 | $-30000 | $-96000 | $-215000 | $1.7M | $-228.4M | $-88.2M |