Bitmine Immersion Technologies (BMNR) Operating Expenses (2020 - 2026)
Bitmine Immersion Technologies' Operating Expenses was $52.67 million in fiscal Q3 2026 (quarter ended May 31, 2026), compared with $778,000 a year earlier and down 98.6% from the prior quarter.
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Analysis
Bitmine Immersion Technologies (BMNR) Operating Expenses (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Bitmine Immersion Technologies' Operating Expenses was $8.93 billion through May 31, 2026; for FY2025 (ended Aug 31, 2025), it was -$443.9 million.
- In earlier fiscal years, Operating Expenses was $2.29 million in FY2024 (-13.3%), $2.64 million in FY2023 (+66.3%), $1.59 million in FY2022 and $131,815 in FY2021.
- Quarterly Operating Expenses has moved between -$446.54 million (fiscal Q4 2025) and $5.47 billion (fiscal Q1 2026) over five years.
- The best year-over-year quarter for Operating Expenses over five years was fiscal Q4 2022 (growth of 357.0%); the worst was fiscal Q1 2023 (a decline of 28.4%).
- Per Business Quant data, BMNR's Operating Expenses in the three fiscal quarters before Q3 2026 was $3.85 billion (Q2 2026), $5.47 billion (Q1 2026) and -$446.54 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.04 Bn | 7.27 Bn | - | 7.26 Bn |
| 2 | Coinbase Global | 47.52 Bn | 4.33 Bn | - | 1.33 Bn |
| 3 | Block | 45.61 Bn | 16.91 Bn | 3.17 Bn | 2.72 Bn |
| 4 | Corpay | 26.34 Bn | 16.23 Bn | - | 260.40 Mn |
| 5 | Fiserv | 24.61 Bn | 21.29 Bn | 2.90 Bn | 4.28 Bn |
| 6 | Global Payments | 22.07 Bn | -135.34 Mn | 2.03 Bn | 2.98 Bn |
| 7 | Guidewire Software | 13.93 Bn | 10.49 Bn | 269.68 Mn | 207.36 Mn |
| 8 | Bitmine Immersion Technologies | 13.17 Bn | 10.55 Bn | 40.81 Mn | 52.67 Mn |
| 9 | Chime Financial | 11.48 Bn | 7.27 Bn | 594.87 Mn | 573.55 Mn |
| 10 | Jack Henry & Associates | 10.85 Bn | 10.76 Bn | 273.85 Mn | 507.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 52.67 Mn |
| Feb 28, 2026 | 3.85 Bn |
| Nov 30, 2025 | 5.47 Bn |
| Aug 31, 2025 | -446.54 Mn |
| May 31, 2025 | 778,000.00 |
| Feb 28, 2025 | 990,000.00 |
| Nov 30, 2024 | 874,000.00 |
| Aug 31, 2024 | -151,401.00 |
| May 31, 2024 | 756,224.00 |
| Feb 29, 2024 | 972,362.00 |
| Nov 30, 2023 | 715,962.00 |
| Aug 31, 2023 | 1.23 Mn |
| May 31, 2023 | 579,248.00 |
| Feb 28, 2023 | 349,580.00 |
| Nov 30, 2022 | 475,136.00 |
| Aug 31, 2022 | 435,035.00 |
| May 31, 2022 | 329,964.00 |
| Feb 28, 2022 | 156,114.00 |
| Nov 30, 2021 | 664,043.00 |
| Aug 31, 2021 | 95,201.00 |
API Access
Bitmine Immersion Technologies Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=BMNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "BMNR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=BMNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();