BitMine Immersion Technologies Quarterly Income Statement
NYSE: BMNRFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
BitMine Immersion Technologies revenue and earnings
In the quarter ended May 31, 2026, BitMine Immersion Technologies generated $46.5 million in revenue, up 2167.9% from the same quarter a year earlier. BitMine Immersion Technologies reported a net loss of $83.6 million, compared with a loss of $622,762 a year earlier. Gross margin was 87.7% (up from 23.9%) and operating margin -25.5%.
Diluted earnings per share came in at -$0.15.
Summary generated from market data by MetaCap's automated system. Methodology
BitMine Immersion Technologies income statement (quarterly)
| Quarter (USD) | Q3 20262026-05-31 | Q2 20262026-02-28 | Q1 20262025-11-30 | Q4 20252025-08-31 | Q3 20252025-05-31 | Q2 20252025-02-28 | Q1 20252024-11-30 | Q4 20242024-08-31 | Q3 20242024-05-31 | Q2 20242024-02-29 | Q1 20242023-11-30 | Q4 20232023-08-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 46.53M | 11.04M | 2.29M | 1.32M | 2.05M | 1.52M | 1.20M | 682.43K | 1.22M | 891.61K | 511.31K | 245.35K |
| Revenue growth (YoY) | +2167.95% | +627.62% | +90.95% | +94.16% | +67.50% | +70.19% | +134.85% | +178.15% | +761.90% | +471.22% | +402.68% | +296.82% |
| Cost of Revenue | 5.73M | 1.43M | 1.02M | 1.39M | 1.74M | 1.44M | 1.21M | — | — | — | — | — |
| Gross Profit | 40.81M | 9.62M | 1.27M | -67.00K | 490.87K | 304.72K | 120.20K | 111.64K | 221.69K | 323.62K | 104.08K | 108.86K |
| Operating Expenses | 52.67M | 3.85B | 5.47B | -446.54M | 778.00K | 990.00K | 874.00K | -151.40K | 756.22K | 972.36K | 715.96K | 1.23M |
| Operating Income | -11.87M | -3.84B | -5.47B | 446.48M | -468.00K | -913.00K | -884.00K | -660.99K | -534.54K | -648.74K | -611.88K | -1.12M |
| Interest Expense | — | -4.82M | 200.00K | — | — | 60.00K | 68.00K | 58.74K | 56.56K | — | — | — |
| Other Income (Expense) | -248.00K | 1.00K | — | — | -154.81K | -243.27K | -90.72K | -153.40K | -119.69K | -253.94K | -317.99K | -40.38K |
| Pretax Income | -83.59M | -3.82B | -5.30B | 443.63M | -623.00K | -1.16M | -974.00K | — | — | — | — | — |
| Income Tax | 0 | 0 | -92.30M | 92.30M | 0 | — | — | — | — | — | — | — |
| Net Income | -83.59M | -3.82B | -5.20B | 351.33M | -622.76K | -1.16M | -974.00K | -814.37K | -654.23K | -902.68K | -921.72K | -1.16M |
| Net Income growth (YoY) | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS (Basic) | -0.15 | -8.40 | -15.98 | 16.15 | -0.31 | -0.58 | -1.66 | -1.02 | -0.26 | -0.02 | -0.02 | -0.02 |
| EPS (Diluted) | -0.15 | -8.40 | -15.98 | 15.94 | -0.31 | -0.58 | -1.66 | -1.02 | -0.26 | -0.02 | -0.02 | -0.02 |
| Shares Outstanding (Basic) | 551.79M | 454.62M | 325.67M | — | 2.01M | 1.98M | 2.37M | — | 2.49M | 49.75M | 49.75M | — |
| Shares Outstanding (Diluted) | 551.79M | 454.62M | 325.67M | — | 2.01M | 1.98M | 2.37M | — | 2.49M | 49.75M | 49.75M | — |
| EBITDA | -11.48M | -3.84B | -5.47B | 446.70M | -287.26K | -685.00K | -753.00K | -421.55K | -307.87K | -413.37K | -389.35K | -946.29K |
| Gross Margin | 87.70% | 87.08% | 55.34% | -5.06% | 23.92% | 20.08% | 10.01% | 16.36% | 18.10% | 36.30% | 20.36% | 44.37% |
| Operating Margin | -25.50% | -34784.73% | -238564.85% | 33696.30% | -22.81% | -60.17% | -73.62% | -96.86% | -43.64% | -72.76% | -119.67% | -457.61% |
| Net Margin | -179.64% | -34583.94% | -226955.73% | 26515.58% | -30.35% | -76.18% | -81.11% | -119.33% | -53.41% | -101.24% | -180.27% | -474.07% |
This table shows 12 quarterly periods of BitMine Immersion Technologies's income statement, from Q3 2026 back to Q4 2023, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow BMNR's reporting calendar. What is a income statement?