BitMine Immersion Technologies, Inc. (BMNR) Income Statement
BMNR FY2025 at a glance
Fiscal year ended August 31, 2025 · U.S. dollarsBMNR revenue and net income
Where BMNR's revenue goes
FY2025Each bar shows an amount and its share of revenue. BMNR kept 5,719.1% of revenue as net income.
BMNR profit margins
BMNR growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +84.1% | +142.4% | — | — |
| Gross profit | −59.3% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
BMNR quarterly EPS vs estimates
BitMine Immersion Technologies beat the analyst EPS estimate in 1 of the last 4 quarters. Next report: November 20, 2026 (estimate $0.20).
BMNR income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2013 | FY2012 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.1M | $3.3M | $645,278 | $427,669 | $0 | $0 | $87,070 | $573,450 |
| Cost of revenue | $5.8M | $2.5M | $422,808 | $556,699 | — | — | $72,936 | $402,764 |
| Gross profit | $310,000 | $761,027 | $222,470 | −$129,030 | — | — | $14,134 | $170,686 |
| Sales, general & admin | $14.0M | $1.2M | $2.1M | $1.6M | $131,815 | — | — | — |
| Total operating expenses | −$443.9M | $3.2M | $2.6M | $1.6M | $131,815 | −$9,348 | $40,690 | $161,380 |
| Operating income | $444.2M | −$2.4M | −$2.4M | −$1.7M | −$131,815 | −$9,348 | −$26,556 | $9,306 |
| Interest income | $1,000 | $54,617 | $28,720 | $0 | — | — | — | — |
| Interest expense | $245,000 | $268,578 | $97,460 | $291,049 | $22,424 | $9,348 | $2,643 | $8,920 |
| Income before taxes | $440.9M | −$3.3M | −$2.5M | −$2.0M | −$154,239 | −$9,348 | −$29,199 | $386 |
| Income taxes | $92.3M | — | — | — | — | — | — | — |
| Net income | $348.6M | −$3.3M | −$2.5M | −$2.0M | −$154,239 | −$9,348 | −$29,199 | $386 |
| EBITDA | $441.9M | −$2.1M | −$1.9M | −$1.7M | — | −$9,348 | −$17,390 | $10,073 |
| EPS (diluted) | $1.10 | −$1.32 | −$1.00 | −$0.93 | −$0.21 | $0.00 | −$0.34 | −$0.88 |
| Gross margin | 5.1% | 23.0% | 34.5% | −30.2% | — | — | 16.2% | 29.8% |
| Operating margin | 7,288.1% | −73.9% | −373.9% | −400.8% | — | — | −30.5% | 1.6% |
| Net margin | 5,719.1% | −99.5% | −382.0% | −468.9% | — | — | −33.5% | 0.1% |
| May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | May '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $46.5M | $11.0M | $2.3M | $1.3M | $2.1M | $1.5M | $1.2M | $682,436 | $1.2M | $891,613 | $511,308 | $142,126 |
| Cost of revenue | $5.7M | $1.4M | $1.0M | $1.9M | $1.6M | $1.2M | $1.1M | $570,799 | $1.0M | $567,991 | $407,226 | $72,392 |
| Gross profit | $40.8M | $9.6M | $1.3M | −$605,793 | $490,872 | $304,716 | $120,205 | $111,636 | $221,687 | $323,622 | $104,082 | $69,734 |
| Sales, general & admin | $37.3M | $75.0M | $223.4M | $12.7M | $508,956 | $587,594 | $185,722 | $167,542 | $217,042 | $813,583 | $493,432 | $437,902 |
| Total operating expenses | $52.7M | $3.87B | $5.46B | −$447.1M | $958,823 | $1.2M | $1.0M | $1.2M | $756,224 | $972,362 | $715,962 | $579,248 |
| Operating income | −$11.9M | −$3.86B | −$5.45B | $446.5M | −$467,952 | −$913,623 | −$884,018 | −$534,506 | −$534,537 | −$648,741 | −$611,880 | −$509,515 |
| Interest income | — | — | $0 | $281 | $0 | $0 | $718 | $10,241 | $14,792 | — | — | — |
| Interest expense | — | $4.8M | $200,000 | $44,202 | $71,867 | $60,496 | $68,435 | $58,316 | $56,563 | $54,279 | $99,420 | $28,622 |
| Income before taxes | −$83.6M | −$3.82B | −$5.30B | $446.6M | −$622,762 | −$1.2M | −$3.9M | −$813,873 | −$654,227 | −$902,680 | −$929,870 | −$523,703 |
| Income taxes | — | — | −$92.3M | $95.3M | — | — | −$3.0M | — | — | — | — | — |
| Net income | −$83.6M | −$3.82B | −$5.20B | $351.3M | −$622,762 | −$1.2M | −$974,738 | −$813,871 | −$654,228 | −$902,682 | −$929,870 | −$523,703 |
| EBITDA | −$11.5M | −$3.86B | −$5.30B | $443.9M | −$370,160 | −$868,702 | −$775,679 | — | −$371,003 | −$613,031 | −$607,920 | −$348,076 |
| EPS (diluted) | −$0.13 | −$0.08 | −$0.19 | $3.65 | −$0.31 | −$0.58 | −$1.66 | −$0.33 | −$0.26 | −$0.36 | −$0.37 | −$0.21 |
| Gross margin | 87.7% | 87.1% | 55.3% | −45.7% | 23.9% | 20.1% | 10.0% | 16.4% | 18.1% | 36.3% | 20.4% | 49.1% |
| Operating margin | −25.5% | −34,979.5% | −237,863.1% | 33,699.1% | −22.8% | −60.2% | −73.6% | −78.3% | −43.6% | −72.8% | −119.7% | −358.5% |
| Net margin | −179.6% | −34,583.9% | −226,955.7% | 26,517.7% | −30.4% | −76.2% | −81.2% | −119.3% | −53.4% | −101.2% | −181.9% | −368.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in BMNR's financial statements (latest annual report filed November 21, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
BMNR financial results
In fiscal year 2025 (ended August 31, 2025), BitMine Immersion Technologies reported revenue of $6.1 million, up 84.1% from the year before. It had net income of $348.6 million, a net profit margin of 5,719.1%. Diluted earnings per share came to $1.10.
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BMNR income statement FAQ
What is BitMine Immersion Technologies's annual revenue?
BitMine Immersion Technologies reported total revenue of $6.1 million for fiscal year 2025, which ended on August 31, 2025. That was up 84.1% from $3.3 million the previous year.
Is BitMine Immersion Technologies profitable?
Yes. BitMine Immersion Technologies reported net income of $348.6 million in fiscal 2025, a net profit margin of 5,719.1%; its operating margin was 7,288.1%.
What is BitMine Immersion Technologies's gross margin?
BitMine Immersion Technologies's gross margin was 5.1% in fiscal 2025: for every $100 of revenue, BitMine Immersion Technologies kept $5 after the direct cost of its products and services.
What are BitMine Immersion Technologies's earnings per share?
BitMine Immersion Technologies earned $1.10 per diluted share in fiscal 2025, compared with $-1.32 a year earlier.
When will BitMine Immersion Technologies report its next earnings?
BitMine Immersion Technologies is expected to report results for the quarter ending August 31, 2026 on November 20, 2026 after the market closes.
When does BitMine Immersion Technologies's fiscal year end?
BitMine Immersion Technologies's fiscal year ends in August. The latest annual report covers the year ended August 31, 2025 and was filed on November 21, 2025.