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
DateValue
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