Bitmine Immersion Technologies, Inc. (BMNR) Financial Statements
Industry: Finance Services
In fiscal 2025, Bitmine Immersion Technologies reported revenue of $6.1M, up 84.1% from $3.3M the year before. Net income was $348.6M (a 5719.1% net margin), or $13.39 per diluted share. Gross margin was 5.1% and operating margin was 7288.1%. Operating activities generated -$4.1M of cash, leaving -$5.2M of free cash flow. At fiscal year end, Bitmine Immersion Technologies held $8.80B in total assets against $102.3M in total liabilities, including $512.0M of cash and equivalents.
Open the full interactive Bitmine Immersion Technologies financials → Quarterly statements, key ratios, valuation history and price charts.
Bitmine Immersion Technologies Key Stats
| Share Price | $23.49 |
|---|---|
| Market Cap | $12.96B |
| P/E Ratio | 1.8 |
| Revenue YoY Growth | +84.1% |
| 52-Week Range | $13.31 – $56.83 |
| Shares Outstanding | 551.8 million (basic, 2026 Q3) |
Bitmine Immersion Technologies Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $0 | $427,668 | $645,278 | $3.3M | $6.1M |
| Gross Profit | — | -$129,030 | $222,469 | $761,027 | $310,000 |
| Operating Income | -$131,815 | -$1.7M | -$2.4M | -$2.4M | $444.2M |
| Pre-Tax Income | -$154,239 | -$2.0M | -$2.5M | -$3.3M | $440.9M |
| Income Tax | — | — | — | — | $92.3M |
| Net Income | -$154,239 | -$2.0M | -$2.5M | -$3.3M | $348.6M |
| Diluted EPS | -$0.02 | -$0.05 | -$0.05 | -$0.07 | $13.39 |
Bitmine Immersion Technologies Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $1.3M | $2.3M | $11.0M | $46.5M |
| Net Income | $351.3M | -$5.20B | -$3.82B | -$83.6M |
| Diluted EPS | $14.33 | -$15.98 | -$8.40 | -$0.15 |
Bitmine Immersion Technologies Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $218,737 | $392,550 | $270,547 | $499,270 | $512.0M |
| Current Assets | $218,737 | $888,945 | $749,991 | $1.6M | $513.0M |
| Total Assets | $646,033 | $8.0M | $8.2M | $7.3M | $8.80B |
| Current Liabilities | $285,481 | $317,673 | $1.6M | $3.1M | $10.0M |
| Total Liabilities | $285,481 | $569,995 | $1.9M | $3.2M | $102.3M |
| Shareholders' Equity | $360,551 | $7.4M | $6.3M | $4.1M | $8.69B |
Bitmine Immersion Technologies Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$76,361 | -$1.6M | -$809,715 | -$28,753 | -$4.1M |
| Cash From Investing | -$427,296 | -$6.1M | -$612,288 | -$67,525 | -$7.43B |
| Cash From Financing | $720,464 | $7.9M | $1.3M | $325,000 | $7.95B |
| Free Cash Flow | -$503,657 | -$7.7M | -$1.4M | -$104,687 | -$5.2M |
Figures from Bitmine Immersion Technologies' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Bitmine Immersion Technologies financials page for every line item.
Bitmine Immersion Technologies Company Profile
| Ticker | BMNR |
|---|---|
| Exchange | NYSE |
| Industry | Finance Services |
| Headquarters | Norwalk, Connecticut |
| Incorporated in | Delaware |
| Fiscal Year End | August 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001829311 |
Frequently Asked Questions
What was Bitmine Immersion Technologies' revenue in fiscal 2025?
Bitmine Immersion Technologies (BMNR) reported revenue of $6.1M for fiscal 2025.
What is Bitmine Immersion Technologies' annual revenue history?
Bitmine Immersion Technologies' annual revenue by fiscal year: 2021: $0; 2022: $427,668; 2023: $645,278; 2024: $3.3M; 2025: $6.1M.
What was Bitmine Immersion Technologies' net income in fiscal 2025?
Bitmine Immersion Technologies reported net income of $348.6M for fiscal 2025.
What was Bitmine Immersion Technologies' earnings per share (EPS) in fiscal 2025?
Bitmine Immersion Technologies' diluted EPS was $13.39 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Bitmine Immersion Technologies generate in fiscal 2025?
Bitmine Immersion Technologies generated -$5.2M of free cash flow in fiscal 2025.
What was Bitmine Immersion Technologies' revenue last quarter?
In its most recent reported quarter (2026 Q3), Bitmine Immersion Technologies reported revenue of $46.5M.
How many shares of Bitmine Immersion Technologies are outstanding?
Bitmine Immersion Technologies reported a weighted average of 551.8 million basic shares outstanding in 2026 Q3.
What is Bitmine Immersion Technologies' market cap?
Based on its latest closing price, Bitmine Immersion Technologies (BMNR) has a market capitalization of about $12.96B.
When does Bitmine Immersion Technologies' fiscal year end?
Bitmine Immersion Technologies' fiscal year end, as registered with the SEC, is August 31.
Where is Bitmine Immersion Technologies headquartered?
Bitmine Immersion Technologies lists its business address in Norwalk, Connecticut in its SEC filings.