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BITMINE IMMERSION TECHNOLOGIES, INC.（BMNR）与Circle Internet Group, Inc.（CRCL）财务数据对比。点击上方公司名可切换其他公司
Circle Internet Group, Inc.的季度营收约是BITMINE IMMERSION TECHNOLOGIES, INC.的12.4倍（$28.5M vs $2.3M）。Circle Internet Group, Inc.净利率更高（751.8% vs -226955.7%，领先227707.5%）。Circle Internet Group, Inc.同比增速更快（5113.5% vs 90.9%）。Circle Internet Group, Inc.自由现金流更多（$-14.7M vs $-228.7M）
该公司专注于研发和供应浸没式冷却解决方案，主要服务于高性能计算、加密货币矿机集群及数据中心场景。其产品可提升硬件运行效率，降低温控环节能耗，延长高功率计算设备使用寿命，帮助客户削减长期运营成本。
Circle是2013年由杰里米·阿莱尔与肖恩·内维尔联合创立的支付科技企业，目前总部位于美国纽约，核心业务覆盖稳定币发行，推出了锚定美元的USDC、锚定欧元的EURC两款稳定币，同时还发行有代币化货币市场基金产品USYC。
BMNR vs CRCL — 直观对比
营收规模更大
CRCL
是对方的12.4倍
$2.3M
营收增速更快
CRCL
高出5022.6%
90.9%
净利率更高
CRCL
高出227707.5%
-226955.7%
自由现金流更多
CRCL
多$214.0M
$-228.7M
损益表 — Q1 2026 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.3M | $28.5M |
| 净利润 | $-5.2B | $214.4M |
| 毛利率 | 55.3% | — |
| 营业利润率 | -238564.8% | — |
| 净利率 | -226955.7% | 751.8% |
| 营收同比 | 90.9% | 5113.5% |
| 净利润同比 | -533796.8% | 202.0% |
| 每股收益（稀释后） | $-15.98 | $0.64 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BMNRCRCL
| Q4 25 | $2.3M | — | ||
| Q3 25 | — | $28.5M | ||
| Q2 25 | — | $23.8M | ||
| Q3 24 | — | $547.0K | ||
| Q2 24 | — | $6.8M |
净利润BMNRCRCL
| Q4 25 | $-5.2B | — | ||
| Q3 25 | — | $214.4M | ||
| Q2 25 | — | $-482.1M | ||
| Q3 24 | — | $71.0M | ||
| Q2 24 | — | $32.9M |
毛利率BMNRCRCL
| Q4 25 | 55.3% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率BMNRCRCL
| Q4 25 | -238564.8% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -1367.8% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
净利率BMNRCRCL
| Q4 25 | -226955.7% | — | ||
| Q3 25 | — | 751.8% | ||
| Q2 25 | — | -2025.3% | ||
| Q3 24 | — | 12979.2% | ||
| Q2 24 | — | 486.5% |
每股收益（稀释后）BMNRCRCL
| Q4 25 | $-15.98 | — | ||
| Q3 25 | — | $0.64 | ||
| Q2 25 | — | $-4.48 | ||
| Q3 24 | — | $0.00 | ||
| Q2 24 | — | $0.00 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $887.7M | $1.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $11.3B | $3.0B |
| 总资产 | $11.5B | $76.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BMNRCRCL
| Q4 25 | $887.7M | — | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.1B | ||
| Q3 24 | — | $577.3M | ||
| Q2 24 | — | $457.5M |
股东权益BMNRCRCL
| Q4 25 | $11.3B | — | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $2.4B | ||
| Q3 24 | — | $557.7M | ||
| Q2 24 | — | $460.9M |
总资产BMNRCRCL
| Q4 25 | $11.5B | — | ||
| Q3 25 | — | $76.8B | ||
| Q2 25 | — | $64.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-228.4M | $-10.7M |
| 自由现金流经营现金流 - 资本支出 | $-228.7M | $-14.7M |
| 自由现金流率自由现金流/营收 | -9975.2% | -51.7% |
| 资本支出强度资本支出/营收 | 16.4% | 14.2% |
| 现金转化率经营现金流/净利润 | — | -0.05× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BMNRCRCL
| Q4 25 | $-228.4M | — | ||
| Q3 25 | — | $-10.7M | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流BMNRCRCL
| Q4 25 | $-228.7M | — | ||
| Q3 25 | — | $-14.7M | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率BMNRCRCL
| Q4 25 | -9975.2% | — | ||
| Q3 25 | — | -51.7% | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度BMNRCRCL
| Q4 25 | 16.4% | — | ||
| Q3 25 | — | 14.2% | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率BMNRCRCL
| Q4 25 | — | — | ||
| Q3 25 | — | -0.05× | ||
| Q2 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BMNR
暂无分部数据
CRCL
| Subscription And Services Revenue | $23.6M | 83% |
| Transaction Services | $4.7M | 16% |
