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BITMINE IMMERSION TECHNOLOGIES, INC.（BMNR）与Soluna Holdings, Inc（SLNH）财务数据对比。点击上方公司名可切换其他公司
BITMINE IMMERSION TECHNOLOGIES, INC.的季度营收约是Soluna Holdings, Inc的1.3倍（$11.0M vs $8.4M），Soluna Holdings, Inc净利率更高（-284.7% vs -34583.9%，领先34299.3%），BITMINE IMMERSION TECHNOLOGIES, INC.同比增速更快（627.6% vs 11.8%），过去两年BITMINE IMMERSION TECHNOLOGIES, INC.的营收复合增速更高（251.9% vs -8.8%）
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。
BMNR vs SLNH — 直观对比
营收规模更大
BMNR
是对方的1.3倍
$8.4M
营收增速更快
BMNR
高出615.8%
11.8%
净利率更高
SLNH
高出34299.3%
-34583.9%
两年增速更快
BMNR
近两年复合增速
-8.8%
损益表 — Q2 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $11.0M | $8.4M |
| 净利润 | $-3.8B | $-24.0M |
| 毛利率 | 87.1% | 9.5% |
| 营业利润率 | -34784.7% | -92.5% |
| 净利率 | -34583.9% | -284.7% |
| 营收同比 | 627.6% | 11.8% |
| 净利润同比 | -330212.5% | -233.2% |
| 每股收益（稀释后） | $-8.40 | $-1.14 |
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BMNRSLNH
| Q1 26 | $11.0M | — | ||
| Q4 25 | $2.3M | — | ||
| Q3 25 | — | $8.4M | ||
| Q2 25 | $2.1M | $6.2M | ||
| Q1 25 | $1.5M | $5.9M | ||
| Q4 24 | $1.2M | $8.3M | ||
| Q3 24 | $682.4K | $7.5M | ||
| Q2 24 | $1.2M | $9.7M |
净利润BMNRSLNH
| Q1 26 | $-3.8B | — | ||
| Q4 25 | $-5.2B | — | ||
| Q3 25 | — | $-24.0M | ||
| Q2 25 | $-622.8K | $-7.4M | ||
| Q1 25 | $-1.2M | $-7.6M | ||
| Q4 24 | $-974.0K | $-40.0M | ||
| Q3 24 | — | $-7.2M | ||
| Q2 24 | $-654.2K | $-10.9M |
毛利率BMNRSLNH
| Q1 26 | 87.1% | — | ||
| Q4 25 | 55.3% | — | ||
| Q3 25 | — | 9.5% | ||
| Q2 25 | 23.9% | 6.3% | ||
| Q1 25 | 20.1% | 5.7% | ||
| Q4 24 | 10.0% | -360.8% | ||
| Q3 24 | 16.4% | -39.1% | ||
| Q2 24 | 18.1% | 34.6% |
营业利润率BMNRSLNH
| Q1 26 | -34784.7% | — | ||
| Q4 25 | -238564.8% | — | ||
| Q3 25 | — | -92.5% | ||
| Q2 25 | -22.8% | -107.6% | ||
| Q1 25 | -60.2% | -120.9% | ||
| Q4 24 | -73.6% | -426.0% | ||
| Q3 24 | — | -119.8% | ||
| Q2 24 | -43.6% | -38.0% |
净利率BMNRSLNH
| Q1 26 | -34583.9% | — | ||
| Q4 25 | -226955.7% | — | ||
| Q3 25 | — | -284.7% | ||
| Q2 25 | -30.4% | -119.9% | ||
| Q1 25 | -76.2% | -127.3% | ||
| Q4 24 | -81.1% | -483.8% | ||
| Q3 24 | — | -95.5% | ||
| Q2 24 | -53.4% | -112.4% |
每股收益（稀释后）BMNRSLNH
| Q1 26 | $-8.40 | — | ||
| Q4 25 | $-15.98 | — | ||
| Q3 25 | — | $-1.14 | ||
| Q2 25 | $-0.31 | $-0.93 | ||
| Q1 25 | $-0.58 | $-1.21 | ||
| Q4 24 | $-1.66 | $-7.14 | ||
| Q3 24 | — | $-1.56 | ||
| Q2 24 | $-0.26 | $-3.62 |
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 | $879.6M | — |
| 总债务越低越好 | — | $13.3M |
| 股东权益账面价值 | $9.9B | $14.5M |
| 总资产 | $9.9B | $152.0M |
| 负债/权益比越低杠杆越低 | — | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资BMNRSLNH
| Q1 26 | $879.6M | — | ||
| Q4 25 | $887.7M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $1.5M | — | ||
| Q1 25 | $483.0K | — | ||
| Q4 24 | $797.3K | — | ||
| Q3 24 | $499.0K | — | ||
| Q2 24 | — | — |
总债务BMNRSLNH
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $13.3M | ||
| Q2 25 | — | $10.0M | ||
| Q1 25 | — | $10.2M | ||
| Q4 24 | — | $7.1M | ||
| Q3 24 | — | $8.1M | ||
| Q2 24 | — | $9.0M |
股东权益BMNRSLNH
| Q1 26 | $9.9B | — | ||
| Q4 25 | $11.3B | — | ||
| Q3 25 | — | $14.5M | ||
| Q2 25 | $2.9M | $-19.5M | ||
| Q1 25 | $2.9M | $-16.1M | ||
| Q4 24 | $3.8M | $-12.5M | ||
| Q3 24 | $4.1M | $20.9M | ||
| Q2 24 | $4.6M | $24.4M |
总资产BMNRSLNH
| Q1 26 | $9.9B | — | ||
| Q4 25 | $11.5B | — | ||
| Q3 25 | — | $152.0M | ||
| Q2 25 | $8.3M | $92.0M | ||
| Q1 25 | $7.5M | $90.0M | ||
| Q4 24 | $7.9M | $88.0M | ||
| Q3 24 | $7.3M | $97.3M | ||
| Q2 24 | $8.2M | $98.7M |
负债/权益比BMNRSLNH
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.92× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 0.37× |
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 | $-88.2M | $-2.2M |
| 自由现金流经营现金流 - 资本支出 | — | $-6.8M |
| 自由现金流率自由现金流/营收 | — | -81.4% |
| 资本支出强度资本支出/营收 | 0.0% | 55.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-34.4M |
8季度趋势，按日历期对齐
经营现金流BMNRSLNH
| Q1 26 | $-88.2M | — | ||
| Q4 25 | $-228.4M | — | ||
| Q3 25 | — | $-2.2M | ||
| Q2 25 | $1.7M | $-1.1M | ||
| Q1 25 | $-215.0K | $-177.0K | ||
| Q4 24 | $-96.0K | $-5.1M | ||
| Q3 24 | $-30.0K | $61.0K | ||
| Q2 24 | $-42.7K | $-7.3M |
自由现金流BMNRSLNH
| Q1 26 | — | — | ||
| Q4 25 | $-228.7M | — | ||
| Q3 25 | — | $-6.8M | ||
| Q2 25 | — | $-9.7M | ||
| Q1 25 | — | $-4.0M | ||
| Q4 24 | $-114.0K | $-13.9M | ||
| Q3 24 | $-106.0K | $-3.4M | ||
| Q2 24 | $-61.3K | $-7.6M |
自由现金流率BMNRSLNH
| Q1 26 | — | — | ||
| Q4 25 | -9975.2% | — | ||
| Q3 25 | — | -81.4% | ||
| Q2 25 | — | -156.8% | ||
| Q1 25 | — | -67.1% | ||
| Q4 24 | -9.5% | -168.3% | ||
| Q3 24 | -15.5% | -44.8% | ||
| Q2 24 | -5.0% | -78.2% |
资本支出强度BMNRSLNH
| Q1 26 | 0.0% | — | ||
| Q4 25 | 16.4% | — | ||
| Q3 25 | — | 55.2% | ||
| Q2 25 | 0.0% | 139.0% | ||
| Q1 25 | 0.0% | 64.2% | ||
| Q4 24 | 1.5% | 107.0% | ||
| Q3 24 | 11.1% | 45.6% | ||
| Q2 24 | 1.5% | 2.5% |
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
SLNH
| Data Hosting Revenue | $5.3M | 62% |
| Cryptocurrency Mining Revenue | $2.8M | 33% |
| Other | $389.0K | 5% |
