SequelSEC

BITMINE IMMERSION TECHNOLOGIES, INC. BMNR

Finance Services · CIK 0001829311 · Fiscal year ends 0831 · Bank

AnnualQuarterlyTTM
Revenue
$46.54M
Fiscal year ended 2026-05-31
Net income
Unavailable
Fiscal year ended 2026-05-31
Total assets
$11.63B
Fiscal year ended 2026-05-31

Valuation, from the filing

Public float$4.38MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-02-28
Float per share$0.01Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income0.0×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue0.7×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.0×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-02-28, not today, and each multiple below it uses the figures for the fiscal year ending 2025-08-31 — the year that filing covered.

How this compares in its industry

Percentile among the Finance Services filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Current ratio51.50x100th
Operating margin7288.1%100th
Net margin5719.1%99th
Gross margin5.1%17th
Revenue YoY growth84.1%80th
SBC / revenue39.8%71th
CapEx / revenue17.5%71th
FCF margin-85.5%43th
Effective tax rate20.9%55th

BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR) reported revenue of $46.54M for the fiscal year ended 2026-05-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from BITMINE IMMERSION TECHNOLOGIES, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Finance Services.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

BITMINE IMMERSION TECHNOLOGIES, INC. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-05-312026-02-282025-11-302025-08-312025-05-312025-02-282024-11-302024-08-312024-05-312024-02-29
Revenue$46.54M$11.04M$2.29M$1.32M$2.05M$1.52M$1.20M$682.44K$1.22M$891.61K
Cost of revenue$5.73M$1.43M$1.02M$1.39MUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profit$40.81M$9.62M$1.27M-$67.00KUnavailableUnavailableUnavailable$111.64K$221.69K$323.62K
Operating income-$11.86M-$3.84B-$5.47B$446.48M-$468.00K-$913.00K-$884.00K-$660.99K-$534.54K-$648.74K
Net incomeUnavailable-$3.82B-$5.20B$351.33M-$622.76K-$1.16M-$974.00K-$814.37K-$654.23K-$902.68K
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 551.79Mshares 454.62Mshares 325.67MUnavailableshares 2.01Mshares 1.98Mshares 2.37MUnavailableshares 2.49Mshares 49.75M
Pretax income-$83.60M-$3.82B-$5.30B$443.63M-$623.00K-$1.16M-$974.00KUnavailableUnavailableUnavailable
Income tax expense$0$0-$92.30M$92.30M$0UnavailableUnavailableUnavailableUnavailableUnavailable
Diluted EPS$-0.15$-8.40$-15.98Unavailable$-0.31$-0.58$-1.66Unavailable$-0.26$-0.02
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$37.27M$74.99M$223.44M$11.32M$744.00K$964.00K$959.00K$2.16M$47.72K$69.83K
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

BITMINE IMMERSION TECHNOLOGIES, INC. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-05-312026-02-282025-11-302025-08-312025-05-312025-02-282024-11-302024-08-312024-05-312024-02-29
Cash & equivalents$340.29M$879.58M$887.68M$512.00M$1.47M$482.95K$797.31K$499.00KUnavailableUnavailable
Total assets$11.63B$9.89B$11.49B$8.80B$8.27M$7.50M$7.93M$7.28M$8.17M$7.85M
Current assets$445.26M$885.88M$889.03M$513.01M$2.18M$1.15M$1.36M$1.55M$2.34M$1.66M
Total liabilities$30.13M$36.17M$235.74M$102.26M$5.39M$4.65M$4.13M$3.20M$3.55M$2.87M
Current liabilities$12.14M$16.35M$137.13M$9.96M$5.34M$4.60M$4.08M$3.13M$3.23M$2.52M
Total equity incl. NCI$11.60B$9.86B$11.25B$8.69B$2.88M$2.85M$3.81M$4.09M$4.61M$4.99M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailable$374.44KUnavailableUnavailable$374.00KUnavailableUnavailable
Goodwill$15.01MUnavailableUnavailable$0UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailableUnavailable$470.44K$760.58K$300.10K$400.58K$559.14K$403.74K

Cash flow

BITMINE IMMERSION TECHNOLOGIES, INC. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-05-312026-02-282025-11-302025-08-312025-05-312025-02-282024-11-302024-08-312024-05-312024-02-29
Operating cash flow$29.01M-$88.24M-$228.36M-$5.52M$1.68M-$215.00K-$96.00K$217.02K-$42.71K-$159.01K
Capital expenditures$30.00K$0$376.00K$1.05M$0$0$18.00K$66$18.58K-$22.37K
Investing cash flow-$2.36B-$2.32B-$7.42B-$7.43B$0$0-$18.00K$526-$18.58K$30.78K
Financing cash flow$1.79B$2.40B$8.03B$7.95B-$686.00K-$100.00K$412.00K$0$0$0
Net change in cashUnavailable-$8.10M$375.68MUnavailableUnavailable-$314.00K$298.00KUnavailableUnavailableUnavailable
Stock-based compensation$13.25M$24.43M$677.00K$1.11M$647.00K$201.00K$471.00K$288.57K$279.50K$275.43K
Common dividends paid$0UnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Derived

BITMINE IMMERSION TECHNOLOGIES, INC. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-05-312026-02-282025-11-302025-08-312025-05-312025-02-282024-11-302024-08-312024-05-312024-02-29
Free cash flow$28.98M-$88.24M-$228.73M-$6.56M$1.68M-$215.00K-$114.00K$216.95K-$61.29KUnavailable
Gross margin87.7%87.1%55.3%-5.1%UnavailableUnavailableUnavailable16.4%18.1%36.3%
Operating margin-25.5%-34784.7%-238564.8%33696.3%-22.8%-60.2%-73.6%Unavailable-43.6%-72.8%
FCF margin62.3%-799.2%-9975.2%-495.2%81.7%-14.2%-9.5%31.8%-5.0%Unavailable
SBC / revenue28.5%221.3%29.5%83.5%31.5%13.2%39.2%Unavailable22.8%30.9%
Current ratio36.68x54.19x6.48x51.50x0.41x0.25x0.33x0.49x0.72x0.66x
Revenue YoY growth2167.8%627.8%90.9%94.2%67.5%70.1%134.9%178.2%761.9%471.2%
Net marginUnavailable-34583.9%Unavailable26515.6%Unavailable-76.2%UnavailableUnavailable-53.4%Unavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue0.1%0.0%16.4%79.0%0.0%0.0%1.5%Unavailable1.5%-2.5%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailable20.8%UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open BMNR in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-07-14View SEC filing
10-Q · Filed 2026-04-14View SEC filing
10-Q · Filed 2026-01-13View SEC filing
10-K · Filed 2025-11-21View SEC filing
10-Q · Filed 2025-07-02View SEC filing
10-Q · Filed 2025-04-14View SEC filing

Companies in the same industry

Reconciliation checks needing review

3 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

gross profit bridgeinconsistent2025-05-31

Withheld: cost revenue could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2025-02-28

Withheld: cost revenue could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2024-11-30

Withheld: cost revenue could not be reconciled with the rest of this filer’s statement.