BitMine Immersion Technologies, Inc.

BMNR Financial Capital Markets

BitMine Immersion Technologies, Inc.’s revenue for fiscal 2025 (year ended August 2025) was $6.1 million, up 84.1% from fiscal 2024.

Revenue
+2,167.8%
EPS
+51.6%
Free cash flow
−126,594.8%

Quarter to May 2026, against a year earlier

18.66 0.34 −1.79%
Market cap
$11.5B
P/E
0.0×
Fwd P/E
−0.9×
Dividend yield
0.05%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

BitMine Immersion Technologies, Inc. (BMNR) Gross margin

Alert me on Gross margin

BitMine Immersion Technologies, Inc.'s gross margin over the twelve months to 31 May 2026 was 84.4%, up 79.3 percentage points from fiscal 2025 (5.09%). That is above the Capital Markets industry median of 68.2% and above the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 5.09% 10.01
FY2024 −4.92% (39.40)
FY2023 34.5% 64.64
FY2022 −30.2% —

Quarterly newest first

Period Gross margin Change (points)
May 2026 87.7% 0.62
Feb 2026 87.1% 31.74
Nov 2025 55.3% 60.40
Aug 2025 −5.06% (20.17)
14 more quarters

Gross margin against peers

Company Gross margin
EVR Evercore Inc compare 99.8%
SF Stifel Financial Corporation compare 99.0%
JEF Jefferies Financial Group Inc. compare 98.2%
FUTU Futu Holdings Limited Sponsored ADR compare 87.4%
BMNR BitMine Immersion Technologies, Inc. 84.4%
VIRT Virtu Financial, Inc. compare 81.8%
IREN IREN Limited compare 68.9%
HLI Houlihan Lokey, Inc. compare 35.6%
CRCL Circle Internet Group, Inc. compare 0.00%
Capital Markets industry median 68.2%
Financial sector median 70.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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