Bitmine Immersion Technologies (BMNR) Cost of Revenue (2022 - 2026)
Bitmine Immersion Technologies (BMNR) reported Cost of Revenue of $1.4 million for Q1 2026, down 0.97% on a YoY basis from $1.4 million in Q1 2025, and up 39.26% quarter-over-quarter from $1.0 million in Q4 2025.
Bitmine Immersion Technologies (BMNR) Cost of Revenue (2022 - 2026) Analysis & Trends
Bitmine Immersion Technologies has reported Cost of Revenue for 5 years, with the latest figure at $1.4 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 0.97% year-over-year to $1.4 million; the trailing twelve-month figure through Feb 2026 stood at $8.2 million (up 35.31% YoY), and the FY2025 full-year result was $5.8 million, up 66.57% from the prior year.
- Cost of Revenue for Q1 2026 stood at $1.4 million, up from $1.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $5.7 million in Q3 2025, with the low at $27697.0 in Q2 2025.
- Historically, Cost of Revenue has averaged $960980.1 across 5 years, with a median of $202877.0 in 2022.
- Annual changes were most pronounced in 2024 — Cost of Revenue tumbled 67.1% — and 2025, when it surged 4558.39%.
- Bitmine Immersion Technologies' Cost of Revenue stood at $118475.0 in 2022, then jumped by 52.68% to $180891.0 in 2023, then jumped by 569.46% to $1.2 million in 2024, then dropped by 15.44% to $1.0 million in 2025, then surged by 39.26% to $1.4 million in 2026.
- The last three Cost of Revenue figures came in at $1.4 million (Q1 2026), $1.0 million (Q4 2025), and $5.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 103,154.28 Bn | 103,154.28 Bn | - | - |
| 2 | Morgan Stanley | 334.86 Bn | 201.33 Bn | - | - |
| 3 | Goldman Sachs | 322.95 Bn | -614.60 Bn | - | - |
| 4 | Schwab Charles | 158.90 Bn | 113.93 Bn | - | - |
| 5 | Robinhood Markets | 83.76 Bn | 79.11 Bn | 960.00 Mn | 107.00 Mn |
| 6 | Interactive Brokers | 40.42 Bn | 51.01 Bn | - | - |
| 7 | LPL Financial Holdings | 23.70 Bn | 22.67 Bn | - | - |
| 8 | Tradeweb Markets | 21.55 Bn | 20.30 Bn | - | - |
| 9 | Iren | 19.92 Bn | 17.71 Bn | 144.76 Mn | 39,000.00 |
| 10 | Bitmine Immersion Technologies | 7.32 Bn | 6.44 Bn | 9.62 Mn | 1.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 1.43 Mn |
| Feb 28, 2026 | 1.43 Mn |
| Nov 30, 2025 | 1.02 Mn |
| Nov 30, 2025 | 1.02 Mn |
| Aug 31, 2025 | 5.70 Mn |
| Aug 31, 2025 | 5.70 Mn |
| May 31, 2025 | 27,697.00 |
| May 31, 2025 | 27,697.00 |
| Feb 28, 2025 | 1.44 Mn |
| Feb 28, 2025 | 1.44 Mn |
| Nov 30, 2024 | 1.21 Mn |
| Nov 30, 2024 | 1.21 Mn |
| Aug 31, 2024 | 3.36 Mn |
| Aug 31, 2024 | 3.36 Mn |
| May 31, 2024 | 30,912.00 |
| May 31, 2024 | 30,912.00 |
| Feb 29, 2024 | 30,912.00 |
| Feb 29, 2024 | 30,912.00 |
| Nov 30, 2023 | 180,891.00 |
| Nov 30, 2023 | 180,891.00 |