Bitmine Immersion Technologies (BMNP) Gross Margin (2022 - 2026)

Bitmine Immersion Technologies (BMNP) posted Gross Margin of 87.7% for Q2 2026, up 0.7% on a QoQ basis from 87.08% in Q1 2026, and up 6377.0% year-over-year from 1.35% in Q2 2025.

Bitmine Immersion Technologies (BMNP) Gross Margin (2022 - 2026) Analysis & Trends

Bitmine Immersion Technologies' Gross Margin history runs 5 years deep, the most recent figure standing at 87.7% for Q2 2026.

  • Quarterly Gross Margin rose 6377.0% year-over-year to 87.7% in Q2 2026, while the trailing twelve-month figure through May 2026 was 84.36% (up 6552.0% YoY) and the FY2025 annual result came in at 5.09%, down 1791.0% from the prior year.
  • Gross Margin was 87.7% for Q2 2026 at Bitmine Immersion Technologies, up from 87.08% in the prior quarter.
  • Across five years, Gross Margin topped out at 87.7% in Q2 2026 and bottomed at 501.87% in Q2 2022.
  • A 5-year average of 13.67% and a median of 22.14% in 2025 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2023 — Gross Margin surged 55093 bps — and 2024, when it tumbled 3097 bps.
  • Bitmine Immersion Technologies' Gross Margin stood at 16.48% in 2022, then jumped by 224 bps to 20.36% in 2023, then plunged by 51 bps to 10.01% in 2024, then surged by 453 bps to 55.34% in 2025, then soared by 58 bps to 87.7% in 2026.
  • Business Quant data shows BMNP's Gross Margin at 87.7% in Q2 2026, 87.08% in Q1 2026, and 55.34% in Q4 2025.

Peer Comparison

Historic Data

Download Data
DateValue
May 31, 2026 87.70%
Feb 28, 2026 87.08%
Nov 30, 2025 55.34%
Aug 31, 2025 -5.06%
May 31, 2025 23.92%
Feb 28, 2025 20.09%
Nov 30, 2024 10.01%
Aug 31, 2024 16.37%
May 31, 2024 18.10%
Feb 29, 2024 36.30%
Nov 30, 2023 20.36%
Aug 31, 2023 44.37%
May 31, 2023 49.06%
Feb 28, 2023 38.84%
Nov 30, 2022 -16.48%
Aug 31, 2022 -263.69%
May 31, 2022 -501.87%
Feb 28, 2022 33.54%