Bitmine Immersion Technologies reported revenue of $46.53M and net income of -$83.59M for the quarter ended May 2026. This income statement covers 24 quarters of results from Aug 2020 through May 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Aug2020 | Nov2020 | Feb2021 | May2021 | Aug2021 | Nov2021 | Feb2022 | May2022 | Aug2022 | Nov2022 | Feb2023 | May2023 | Aug2023 | Nov2023 | Feb2024 | May2024 | Aug2024 | Nov2024 | Feb2025 | May2025 | Aug2025 | Nov2025 | Feb2026 | May2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||
| Revenue | 0.35M | 0.02M | 0.06M | 0.10M | 0.16M | 0.14M | 0.25M | 0.51M | 0.89M | 1.22M | 0.68M | 1.20M | 1.52M | 2.05M | 1.32M | 2.29M | 11.04M | 46.53M | ||||||
| Cost of RevenueCost of Rev | 0.23M | 0.10M | 0.22M | 0.12M | 0.09M | 0.07M | -0.03M | 0.22M | 0.56M | 0.99M | 1.71M | 1.21M | 1.44M | 1.74M | 1.39M | 1.02M | 1.43M | 5.73M | ||||||
| Gross Profit | 0.12M | -0.08M | -0.16M | -0.02M | 0.06M | 0.07M | 0.11M | 0.10M | 0.32M | 0.22M | 0.11M | 0.12M | 0.30M | 0.49M | -0.07M | 1.27M | 9.62M | 40.81M | ||||||
| Operating items | ||||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 0.01M | 0.09M | 0.15M | 0.18M | 0.22M | 0.24M | 0.23M | 0.24M | 0.13M | 0.23M | 0.18M | |||||||||||||
| Selling, General & AdministrativeSG&A | 0.06M | 0.03M | 0.01M | 0.14M | 0.05M | 0.02M | 0.04M | 0.18M | -0.20M | 0.07M | 0.07M | 0.05M | 2.16M | 0.96M | 0.96M | 0.74M | 11.32M | 223.44M | 74.99M | 37.27M | ||||
| Other Operating ExpensesOther Opex | 0.03M | 0.64M | 0.14M | 0.19M | 0.39M | 0.46M | 0.22M | 0.25M | 1.25M | 0.43M | 0.67M | 0.48M | -2.55M | -0.22M | -0.20M | -0.15M | -457.86M | 5,248.12M | 3,775.21M | 15.40M | ||||
| Operating ExpensesOpex | 0.10M | 0.66M | 0.16M | 0.33M | 0.44M | 0.48M | 0.35M | 0.58M | 1.23M | 0.72M | 0.97M | 0.76M | -0.15M | 0.87M | 0.99M | 0.78M | -446.54M | 5,471.56M | 3,850.20M | 52.67M | ||||
| Operating IncomeOp. Inc | -0.10M | -0.66M | -0.04M | -0.41M | -0.60M | -0.49M | -0.29M | -0.51M | -1.12M | -0.61M | -0.65M | -0.53M | -0.66M | -0.88M | -0.91M | -0.47M | 446.48M | -5470.29M | -3840.58M | -11.87M | ||||
| EBIT | -0.10M | -0.66M | -0.04M | -0.41M | -0.60M | -0.49M | -0.29M | -0.51M | -1.12M | -0.61M | -0.65M | -0.53M | -0.66M | -0.88M | -0.91M | -0.47M | 446.48M | -5470.29M | -3840.58M | -11.87M | ||||
| Non-operating items | ||||||||||||||||||||||||
| Non Operating Interest Expenses | 0.03M | 0.06M | 0.06M | 0.07M | 0.06M | 0.20M | -4.82M | |||||||||||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | -0.04M | -0.07M | -0.06M | -0.14M | ||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.00M | -0.00M | 0.01M | 0.00M | 0.01M | 0.00M | 0.01M | 0.01M | 0.01M | 0.01M | 0.00M | -0.07M | 0.20M | 5.30M | ||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.02M | -0.15M | -0.18M | -0.13M | -0.02M | -0.06M | -0.08M | 158.21M | 80.04M | -92.09M | ||||||||||||||
| Non Operating IncomeNon Op. Inc. | -0.01M | -0.04M | -0.07M | -0.07M | -0.10M | 0.02M | -0.02M | -0.01M | -0.04M | -0.32M | -0.25M | -0.12M | -0.15M | -0.09M | -0.24M | -0.15M | ||||||||
| Net income details | ||||||||||||||||||||||||
| EBT | -0.10M | -0.66M | -0.04M | -0.41M | -0.60M | -0.48M | -0.29M | -0.52M | -1.12M | -0.60M | -0.63M | -0.58M | -0.71M | -0.97M | -1.16M | -0.62M | 443.63M | -5296.39M | -3818.41M | -83.59M | ||||
| Tax ProvisionsTaxes | 92.30M | -92.30M | ||||||||||||||||||||||
| Profit After TaxPAT | -0.10M | -0.71M | -0.11M | -0.49M | -0.70M | -0.47M | -0.31M | -0.52M | -1.16M | -0.92M | -0.90M | -0.65M | -0.81M | -0.97M | -1.16M | -0.62M | 354.29M | -5204.10M | -3818.41M | -83.59M | ||||
| Equity Income | -1.28M | -1.18M | ||||||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | -0.02M | |||||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -0.10M | -0.66M | -0.04M | -0.41M | -0.60M | -0.48M | -0.29M | -0.52M | -1.12M | -0.60M | -0.63M | -0.58M | -0.71M | -0.97M | -1.16M | -0.62M | 351.33M | -5204.10M | -3818.41M | -83.59M | ||||
| Consolidated Net IncomeConsol Net Inc. | -0.10M | -0.66M | -0.04M | -0.41M | -0.60M | -0.48M | -0.29M | -0.52M | -1.12M | -0.60M | -0.63M | -0.58M | -0.71M | -0.97M | -1.16M | -0.62M | 351.33M | -5204.10M | -3818.41M | -83.59M | ||||
| Income towards Parent CompanyParent Net Inc | -0.10M | -0.66M | -0.04M | -0.41M | -0.60M | -0.48M | -0.29M | -0.52M | -1.12M | -0.60M | -0.63M | -0.58M | -0.71M | -0.97M | -1.16M | -0.62M | 351.33M | -5204.10M | -3818.41M | -83.59M | ||||
| Preferred Dividend PaymentsPref Dividends | 2.96M | 14.49M | ||||||||||||||||||||||
| Net Income towards Common StockholdersNet Income | -0.10M | -0.66M | -0.04M | -0.41M | -0.60M | -0.48M | -0.29M | -0.52M | -1.12M | -0.93M | -0.90M | -0.65M | -0.81M | -3.94M | -1.16M | -0.62M | 333.88M | -5204.10M | -3818.41M | -83.58M | ||||
| Additional items | ||||||||||||||||||||||||
| EPS (Basic) | -0.20 | -0.33 | -0.02 | -0.19 | -0.28 | -0.20 | -0.12 | -0.21 | -0.46 | -0.37 | -0.36 | -0.26 | -0.33 | -1.66 | -0.58 | -0.31 | 13.83 | -15.98 | -9.81 | -0.15 | ||||
| EPS (Diluted) | -0.20 | -0.33 | -0.02 | -0.19 | -0.28 | -0.20 | -0.12 | -0.21 | -0.46 | -0.37 | -0.36 | -0.26 | -0.33 | -1.66 | -0.58 | -0.31 | 13.62 | -15.98 | -8.40 | -0.19 | ||||
| Shares Outstanding | 0.49M | 2.03M | 2.07M | 2.19M | 2.16M | 2.43M | 2.44M | 2.44M | 2.45M | 2.49M | 2.49M | 2.49M | 2.49M | 2.37M | 1.98M | 2.01M | 24.14M | 325.67M | 389.43M | 551.79M | ||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 0.49M | 2.03M | 2.07M | 2.19M | 2.16M | 2.43M | 2.44M | 2.44M | 2.45M | 2.49M | 2.49M | 2.49M | 2.49M | 2.37M | 1.98M | 2.01M | 24.52M | 325.67M | 454.62M | 443.95M | ||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 0.49M | 2.03M | 2.17M | 2.20M | 2.43M | 2.44M | 2.44M | 2.47M | 2.48M | 2.49M | 2.49M | 2.50M | 2.48M | 1.98M | 1.98M | 2.01M | 24.14M | 325.67M | 389.43M | 579.65M | ||||
| EBITDA | -0.10M | -0.66M | -0.03M | -0.41M | -0.60M | -0.49M | -0.20M | -0.36M | -0.95M | -0.39M | -0.41M | -0.31M | -0.42M | -0.75M | -0.69M | -0.29M | 446.48M | -5470.29M | -3840.58M | -11.87M | ||||
| Interest ExpensesInt Expense | 0.03M | 0.06M | 0.06M | 0.07M | 0.06M | 0.20M | -4.82M | |||||||||||||||||
| Tax Rate | 20.80% | 1.74% |