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Side-by-side financial comparison of BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) and SS Innovations International, Inc. (SSII). Click either name above to swap in a different company.
SS Innovations International, Inc. is the larger business by last-quarter revenue ($14.5M vs $11.0M, roughly 1.3× BITMINE IMMERSION TECHNOLOGIES, INC.). SS Innovations International, Inc. runs the higher net margin — -17.0% vs -34583.9%, a 34566.9% gap on every dollar of revenue. On growth, BITMINE IMMERSION TECHNOLOGIES, INC. posted the faster year-over-year revenue change (627.6% vs 79.1%). Over the past eight quarters, BITMINE IMMERSION TECHNOLOGIES, INC.'s revenue compounded faster (251.9% CAGR vs 99.9%).
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.
SS Innovations International, Inc. is a global medical technology enterprise specializing in the research, development and manufacturing of innovative surgical robotic systems. It provides high-precision, accessible robotic platforms for minimally invasive surgery, catering to healthcare facilities across multiple regions to boost surgical outcomes and cut procedural burdens.
BMNR vs SSII — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $11.0M | $14.5M |
| Net Profit | $-3.8B | $-2.5M |
| Gross Margin | 87.1% | 43.9% |
| Operating Margin | -34784.7% | -3.7% |
| Net Margin | -34583.9% | -17.0% |
| Revenue YoY | 627.6% | 79.1% |
| Net Profit YoY | -330212.5% | -28.5% |
| EPS (diluted) | $-8.40 | $-0.01 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $11.0M | — | ||
| Q4 25 | $2.3M | $14.5M | ||
| Q3 25 | — | $12.8M | ||
| Q2 25 | $2.1M | $10.0M | ||
| Q1 25 | $1.5M | $5.1M | ||
| Q4 24 | $1.2M | $8.1M | ||
| Q3 24 | $682.4K | $4.4M | ||
| Q2 24 | $1.2M | $4.5M |
| Q1 26 | $-3.8B | — | ||
| Q4 25 | $-5.2B | $-2.5M | ||
| Q3 25 | — | $-3.7M | ||
| Q2 25 | $-622.8K | $-256.7K | ||
| Q1 25 | $-1.2M | $-5.7M | ||
| Q4 24 | $-974.0K | $-1.9M | ||
| Q3 24 | — | $-3.2M | ||
| Q2 24 | $-654.2K | $-4.1M |
| Q1 26 | 87.1% | — | ||
| Q4 25 | 55.3% | 43.9% | ||
| Q3 25 | — | 48.1% | ||
| Q2 25 | 23.9% | 59.1% | ||
| Q1 25 | 20.1% | 21.2% | ||
| Q4 24 | 10.0% | 48.9% | ||
| Q3 24 | 16.4% | 52.8% | ||
| Q2 24 | 18.1% | 31.9% |
| Q1 26 | -34784.7% | — | ||
| Q4 25 | -238564.8% | -3.7% | ||
| Q3 25 | — | -14.3% | ||
| Q2 25 | -22.8% | 1.0% | ||
| Q1 25 | -60.2% | -115.6% | ||
| Q4 24 | -73.6% | -22.7% | ||
| Q3 24 | — | -73.1% | ||
| Q2 24 | -43.6% | -90.9% |
| Q1 26 | -34583.9% | — | ||
| Q4 25 | -226955.7% | -17.0% | ||
| Q3 25 | — | -29.0% | ||
| Q2 25 | -30.4% | -2.6% | ||
| Q1 25 | -76.2% | -111.0% | ||
| Q4 24 | -81.1% | -23.7% | ||
| Q3 24 | — | -74.0% | ||
| Q2 24 | -53.4% | -91.8% |
| Q1 26 | $-8.40 | — | ||
| Q4 25 | $-15.98 | $-0.01 | ||
| Q3 25 | — | $-0.02 | ||
| Q2 25 | $-0.31 | $0.00 | ||
| Q1 25 | $-0.58 | $-0.03 | ||
| Q4 24 | $-1.66 | $-0.01 | ||
| Q3 24 | — | $-0.02 | ||
| Q2 24 | $-0.26 | $-0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $879.6M | $3.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $9.9B | $38.2M |
| Total Assets | $9.9B | $74.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $879.6M | — | ||
| Q4 25 | $887.7M | $3.2M | ||
| Q3 25 | — | $5.7M | ||
| Q2 25 | $1.5M | $11.4M | ||
| Q1 25 | $483.0K | $15.9M | ||
| Q4 24 | $797.3K | $466.5K | ||
| Q3 24 | $499.0K | $220.4K | ||
| Q2 24 | — | $608.2K |
| Q1 26 | $9.9B | — | ||
| Q4 25 | $11.3B | $38.2M | ||
| Q3 25 | — | $39.6M | ||
| Q2 25 | $2.9M | $42.0M | ||
| Q1 25 | $2.9M | $40.6M | ||
| Q4 24 | $3.8M | $13.5M | ||
| Q3 24 | $4.1M | $13.7M | ||
| Q2 24 | $4.6M | $14.8M |
| Q1 26 | $9.9B | — | ||
| Q4 25 | $11.5B | $74.2M | ||
| Q3 25 | — | $69.6M | ||
| Q2 25 | $8.3M | $70.0M | ||
| Q1 25 | $7.5M | $63.5M | ||
| Q4 24 | $7.9M | $42.4M | ||
| Q3 24 | $7.3M | $39.0M | ||
| Q2 24 | $8.2M | $35.7M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-88.2M | $-1.5M |
| Free Cash FlowOCF − Capex | — | $-3.2M |
| FCF MarginFCF / Revenue | — | -22.3% |
| Capex IntensityCapex / Revenue | 0.0% | 11.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-22.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $-88.2M | — | ||
| Q4 25 | $-228.4M | $-1.5M | ||
| Q3 25 | — | $-7.5M | ||
| Q2 25 | $1.7M | $-3.5M | ||
| Q1 25 | $-215.0K | $-6.1M | ||
| Q4 24 | $-96.0K | $-3.3M | ||
| Q3 24 | $-30.0K | $-2.5M | ||
| Q2 24 | $-42.7K | $-1.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-228.7M | $-3.2M | ||
| Q3 25 | — | $-8.2M | ||
| Q2 25 | — | $-3.8M | ||
| Q1 25 | — | $-7.0M | ||
| Q4 24 | $-114.0K | $-3.4M | ||
| Q3 24 | $-106.0K | $-4.2M | ||
| Q2 24 | $-61.3K | $-3.1M |
| Q1 26 | — | — | ||
| Q4 25 | -9975.2% | -22.3% | ||
| Q3 25 | — | -64.1% | ||
| Q2 25 | — | -37.7% | ||
| Q1 25 | — | -136.2% | ||
| Q4 24 | -9.5% | -41.7% | ||
| Q3 24 | -15.5% | -96.9% | ||
| Q2 24 | -5.0% | -69.5% |
| Q1 26 | 0.0% | — | ||
| Q4 25 | 16.4% | 11.8% | ||
| Q3 25 | — | 5.9% | ||
| Q2 25 | 0.0% | 3.2% | ||
| Q1 25 | 0.0% | 17.0% | ||
| Q4 24 | 1.5% | 1.5% | ||
| Q3 24 | 11.1% | 38.8% | ||
| Q2 24 | 1.5% | 46.8% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BMNR
Segment breakdown not available.
SSII
| System Sales | $13.4M | 92% |
| Other | $1.2M | 8% |
