Bitmine Immersion Technologies BMNR
NYSE BMNR
$28.24 +2.25 (+8.65%)
As of: Sep 21, 2026 · 3:59 PM EDT

Bitmine Immersion Technologies, Inc. (BMNR) Gross Margin (2022 - 2026)

Bitmine Immersion Technologies' (BMNR) quarterly Gross Margin came in at 87.7% in Q2 2026, up 6377.0% on a YoY basis from 1.35% in Q2 2025, and up 0.7% quarter-over-quarter from 87.08% in Q1 2026.

Analysis

Bitmine Immersion Technologies, Inc. (BMNR) Gross Margin (2022 - 2026) Analysis & Trends

Bitmine Immersion Technologies (BMNR) has reported Gross Margin for 5 consecutive years, with 87.7% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin rose 6377.0% year-over-year to 87.7%; the trailing twelve-month figure through May 2026 stood at 84.36% (up 6552.0% YoY), and the FY2025 full-year result was 5.09%, down 1791.0% from the prior year.
  • Gross Margin climbed to 87.7% in Q2 2026 per BMNR's latest filing, 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.
  • Historically, Gross Margin has averaged 13.67% across 5 years, with a median of 22.14% in 2025.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin soared 55093 bps in 2023, then sank 3097 bps in 2024.
  • Over 5 years, 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.
  • According to Business Quant data, Gross Margin over the past three periods registered 87.7%, 87.08%, and 55.34% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

Historic Data

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%
API Access

Bitmine Immersion Technologies, Inc. Gross Margin API

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