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| Date | Value |
|---|---|
| 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% |