Bitmine Immersion Technologies BMNP
NYSE BMNP
$97.70 -0.23 (-0.23%)
As of: Sep 8, 2026 · 3:42 PM EDT

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

Bitmine Immersion Technologies' (BMNP) quarterly Gross Profit came in at $40.8 million in Q2 2026, up 8213.57% on a YoY basis from $490872.0 in Q2 2025, and up 324.43% quarter-over-quarter from $9.6 million in Q1 2026.

Analysis

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

Bitmine Immersion Technologies (BMNP) has reported Gross Profit for 5 consecutive years, with $40.8 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Profit rose 8213.57% year-over-year to $40.8 million; the trailing twelve-month figure through May 2026 stood at $51.6 million (up 4924.78% YoY), and the FY2025 full-year result was $310000.0, down 59.27% from the prior year.
  • Gross Profit rose to $40.8 million in Q2 2026 per BMNP's latest filing, from $9.6 million in the prior quarter.
  • Across five years, Gross Profit topped out at $40.8 million in Q2 2026 and bottomed at -$163035.0 in Q3 2022.
  • Historically, Gross Profit has averaged $3.0 million across 5 years, with a median of $114392.0 in 2022.
  • The sharpest annual moves came in 2025 and 2026: Gross Profit plunged 160.02% in 2025, then jumped 8213.57% in 2026.
  • Over 5 years, Gross Profit stood at -$16759.0 in 2022, then surged by 721.05% to $104082.0 in 2023, then grew by 15.49% to $120205.0 in 2024, then jumped by 955.7% to $1.3 million in 2025, then soared by 3115.84% to $40.8 million in 2026.
  • According to Business Quant data, Gross Profit over the past three periods registered $40.8 million, $9.6 million, and $1.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bitmine Immersion Technologies 53.91 Bn 53.57 Bn 40.81 Mn
2 Iren 14.89 Bn 7.32 Bn 103.89 Mn
3 Hut 8 11.74 Bn 4.95 Bn 48.04 Mn
4 Riot Platforms 7.69 Bn 7.14 Bn 84.97 Mn
5 Argo Blockchain 6.35 Bn 6.34 Bn -
6 MARA Holdings 4.48 Bn 4.04 Bn -
7 Cleanspark 3.59 Bn 3.38 Bn -
8 Bitdeer Technologies 2.57 Bn 2.11 Bn -8.53 Mn
9 Keel Infrastructure 2.26 Bn 2.26 Bn -86.75 Mn
10 HIVE Digital Technologies 841.35 Mn 602.32 Mn -29.49 Mn
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 40.81 Mn
Feb 28, 2026 9.62 Mn
Nov 30, 2025 1.27 Mn
Aug 31, 2025 -67,000.00
May 31, 2025 490,872.00
Feb 28, 2025 304,716.00
Nov 30, 2024 120,205.00
Aug 31, 2024 111,636.00
May 31, 2024 221,687.00
Feb 29, 2024 323,622.00
Nov 30, 2023 104,082.00
Aug 31, 2023 108,861.00
May 31, 2023 69,734.00
Feb 28, 2023 60,633.00
Nov 30, 2022 -16,759.00
Aug 31, 2022 -163,035.00
May 31, 2022 -83,144.00
Feb 28, 2022 117,148.00