The financials
Bitmine Immersion Technologies, Inc. by the numbers
Bitmine Immersion Technologies, Inc. (BMNR) reported revenue of $47M in Q3 2026 (quarter ended May 31, 2026), up 2168% from the same quarter a year earlier. That came with a gross margin of 88% and net loss of $84M. For the full year FY2025, revenue was $6.1M (+84% year on year) and net income $349M. Its largest product in 2026-Q2 was Staking And Validation at $46M, 98% of the disclosed total, just ahead of Self Mining at 1.3%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $47M | $2.1M | +2168% |
| Gross profit | $41M | $491K | +8214% |
| Operating income | −$12M | −$468K | n/a |
| Net income | −$84M | −$623K | n/a |
| Diluted EPS | −$0.15 | −$0.31 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Staking And Validation | $46M | 98% |
| Self Mining | $624K | 1.3% |
| Consulting | $168K | 0.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $46.5M (+321%)
Consulting grew +380% year on yearSale Of Mining Equipment -100% year on year
Segment Latestquarter on quarteryear on year
- Staking And Validation$45.7M$45.7MQoQ -year on year ---
- Self Mining$624.0K$624.0KQoQ +185%year on year -23%+185%-23%
- Consulting$168.0K$168.0KQoQ -15%year on year +380%-15%+380%
- Leasing$0.00$0.00QoQ -100%year on year -100%-100%-100%
- Sale Of Mining Equipment$0.00$0.00QoQ -year on year -100%--100%
- Staking--QoQ -year on year ---
Capital Markets
Ranks #30 of 40 by Smart Score