BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) Financials
Newest figures come from the 10-K for Q3 FY2026, filed Jul 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BMNP SEC filings page.
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) reported $6K in revenue for fiscal year 2025, down 99.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
FY2025's dominant mechanic is capital allocation rather than operating scale: tiny sales sit beside large investment and financing flows.
The move from$3.3M of revenue in FY2024 to$6K in FY2025 makes the business's operating base dramatically smaller. Yet FY2025 reported$444K of operating income against a5.1% gross margin, so reported profit is disconnected from sales economics.
FY2025 ended with
FY2025 net income was
Financial Health Signals
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock used $0.01 of operating cash (-$4K OCF vs $349K net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock earns $1,813.11 in operating income for every $1 of interest expense ($444K vs $245). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock generated $46.5M in revenue in Q3 2026. This represents an increase of 2267845.6% from the same quarter a year earlier. Against the prior quarter it is up 321.5%.
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's EBITDA was -$11.2M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 3885859.0% from the same quarter a year earlier. Against the prior quarter it is up 99.7%.
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock reported -$83.6M in net income in Q3 2026. This represents a decrease of 13423166.0% from the same quarter a year earlier. Against the prior quarter it is up 97.8%.
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock earned -$0.15 per diluted share (EPS) in Q3 2026. Against the prior quarter it is up 98.2%.
Cash & Balance Sheet
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock generated $29.0M in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 1727807.0% from the same quarter a year earlier. Against the prior quarter it is up 132.8%.
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock held $340.3M in cash as of Q3 2026; long-term debt is not reported for that period.
Not reported for Q3 2026.
Margins & Returns
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's gross margin was 87.7% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is up 63.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's operating margin was -25.5% in Q3 2026, reflecting core business profitability. This is down 2.7 percentage points from the same quarter a year earlier.
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's ROE was -0.7% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is up 20.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 38.0 percentage points.
Not shown for Q3 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock invested $30K in capex in Q3 2026, funding long-term assets and infrastructure.
Not reported for Q3 2026.
Not reported for Q3 2026.
BMNP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-K | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $46.5M+2267845.6% | $11.0M+727515.7% | $2.3M+190851.3% | N/A | $2K-99.8% | $2K-99.8% | $1K-99.8% | $682K+178.2% |
| Cost of Revenue | $5.7M+328602.6% | $1.4M+98927.8% | $1.0M+84458.2% | N/A | $2K | $1K | $1K | N/A |
| Gross Profit | $40.8M+8313472.6% | $9.6M+3155297.2% | $1.3M+12477976.1% | N/A | $491-99.8% | $305-99.9% | -$10-100.0% | $112K+2.5% |
| SG&A Expenses | $37.3M+5009308.6% | $75.0M+7778738.2% | $223.4M+23298753.0% | N/A | $744-98.4% | $964-98.6% | $959-98.6% | $2.1M+1148.0% |
| Operating Income | -$11.9M-2535156.4% | -$3.8B-420655102.6% | -$5.5B-618811212.2% | N/A | -$468+99.9% | -$913+99.9% | -$884+99.9% | -$653K+41.9% |
| EBITDA | -$11.2M-3885859.0% | -$3.8B-560650702.9% | -$5.5B-726449833.6% | N/A | -$287+99.9% | -$685+99.8% | -$753+99.8% | -$413K+56.3% |
| Interest Expense | N/A | -$4.8M-8028433.3% | $200K+294017.6% | N/A | $72-99.9% | $60 | $68 | N/A |
| Income Tax | $0 | N/A | -$92.3M | N/A | $0 | N/A | N/A | N/A |
| Net Income | -$83.6M-13423166.0% | -$3.8B-330312443.3% | -$5.2B-534301234.7% | N/A | -$623+99.9% | -$1K+99.9% | -$974+99.9% | -$814K+30.0% |
| EPS (Basic) | -$0.15+51.6% | -$8.40-1348.3% | -$15.98-862.7% | $16.22+1663.0% | -$0.31-19.2% | -$0.58-2800.0% | -$1.66-8200.0% | $0.92+4700.0% |
| EPS (Diluted) | -$0.15 | -$8.40 | -$15.98 | $16.01 | -$0.31 | -$0.58 | -$1.66 | $0.92+4700.0% |
| Diluted Shares (Avg) | 552M | 455M | 326M | N/A | 2M | 2M | 2M | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
BMNP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-K | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.6B+140603.0% | $9.9B+131811.5% | $11.5B+144668.5% | $8.8B+120678.0% | $8.3M+1.2% | $7.5M-4.4% | $7.9M-7.5% | $7.3M-11.2% |
| Current Assets | $445.3M+20454178.2% | $885.9M+77129645.0% | $889.0M+65605641.8% | $513.0M+33082.9% | $2K-99.9% | $1K-99.9% | $1K-99.9% | $1.5M+75.8% |
| Cash & Equivalents | $340.3M+23093810.4% | $879.6M+182125415.8% | $887.7M+111334010.9% | $512.0M+102505.0% | $1K-99.5% | $483-99.9% | $797-99.8% | $499K+84.4% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $15.0M | N/A | N/A | $0 | N/A | N/A | N/A | N/A |
| Total Liabilities | $30.1M+459.2% | $36.2M+678.2% | $235.7M+5614.2% | $102.3M+3099.5% | $5.4M+51.6% | $4.6M+62.0% | $4.1M+38.8% | $3.2M+64.3% |
| Current Liabilities | $12.1M+227306.4% | $16.3M+355525.8% | $137.1M+3364788.0% | $10.0M+218.1% | $5K-99.8% | $5K-99.8% | $4K-99.8% | $3.1M+100.9% |
| Non-Current Liabilities | $18.0M+35680.3% | $19.8M+39318.0% | $98.6M+196035.6% | $92.3M+141892.3% | $50K-84.4% | $50K-85.4% | $50K-86.2% | $65K-83.2% |
| Total Equity | $11.6B+403049043.2% | $9.9B+345534004.5% | $11.3B+295470803.4% | $8.7B+212645.9% | $3K-99.9% | $3K-99.9% | $4K-99.9% | $4.1M-34.7% |
| Retained Earnings | -$8.8B-62938465.5% | -$8.7B-65254311.4% | -$4.9B-40024577.5% | $337.4M+4202.5% | -$14K+99.8% | -$13K+99.8% | -$12K+99.8% | -$8.2M-66.8% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Long-Term Debt.
BMNP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-K | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $29.0M+1729595.9% | -$88.2M-41043155.8% | -$228.4M-237870733.3% | -$5.5M-2641.3% | $2K+103.9% | -$215+99.9% | -$96+99.8% | $217K+159.2% |
| Depreciation & Amortization | $702K+388314.0% | $124K+54286.0% | $124K+94556.5% | $222K-7.3% | $181-99.9% | $228-99.9% | $131-99.9% | $239K+35.7% |
| Stock-Based Compensation | N/A | N/A | $677K+43.7% | N/A | N/A | N/A | $471K+68.5% | N/A |
| Capital Expenditures | $30K | $0 | $376K+2088788.9% | $1.0M+1586263.6% | $0-100.0% | $0-100.0% | $18-100.0% | $66-99.9% |
| Free Cash Flow | $29.0M+1727807.0% | -$88.2M-41043155.8% | -$228.7M-200642005.3% | -$6.6M-3124.6% | $2K+102.7% | -$215+99.9% | -$114+99.9% | $217K+144.7% |
| Investing Cash Flow | -$2.4B | -$2.3B | -$7.4B-41235772122.2% | -$7.4B-1412926145.6% | $0+100.0% | $0-100.0% | -$18+100.0% | $526-99.6% |
| Financing Cash Flow | $1.8B+261137126.2% | $2.4B+2400488100.0% | $8.0B+1948173201.0% | $7.9B | -$686 | -$100 | $412-99.9% | $0 |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
BMNP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-K | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 87.7%+63.8pp | 87.1%+67.0pp | 55.3%+56.2pp | N/A | 23.9%+5.8pp | 20.1%-16.2pp | -0.8%-21.2pp | 16.4%-28.0pp |
| Operating Margin | -25.5%-2.7pp | -34784.7% | -238564.8% | N/A | -22.8%+20.8pp | -60.2%+12.6pp | -73.6% | -95.7% |
| Net Margin | -179.6% | -34583.9% | -226955.7% | N/A | -30.3%+23.1pp | -76.2% | -81.1% | -119.3% |
| Return on Equity | -0.7%+20.9pp | -38.7%+1.8pp | -46.3%-20.7pp | N/A | -21.6%-7.5pp | -40.5%-22.4pp | -25.6%-9.2pp | -19.9%-1.3pp |
| Return on Assets | -0.7%-0.7pp | -38.6%-38.6pp | -45.3%-45.3pp | N/A | 0.0%+8.0pp | 0.0%+11.5pp | 0.0%+10.7pp | -11.2%+3.0pp |
| Current Ratio | 36.68+36.3x | 54.19+53.9x | 6.48+6.2x | 51.50+51.0x | 0.41-0.3x | 0.25-0.4x | 0.33-0.4x | 0.49-0.1x |
| Debt-to-Equity | 0.00-1.9x | 0.00-1.6x | 0.02-1.1x | 0.01-0.8x | 1.87+1.1x | 1.63+1.1x | 1.08+0.6x | 0.78+0.5x |
| Asset Turnover | 0.00-0.2x | 0.00-0.2x | 0.00-0.2x | N/A | 0.25+0.1x | 0.20+0.1x | 0.15+0.1x | 0.09+0.1x |
| FCF Margin | 62.3%-19.5pp | -799.2% | -9975.2% | N/A | 81.7%+86.7pp | -14.2%+6.2pp | -9.5%+15.0pp | 31.8% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Where BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock Ranks
Frequently Asked Questions
What is BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's annual revenue?
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) reported $6K in total revenue for fiscal year 2025. This represents a -99.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's revenue growing?
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) revenue declined by 99.8% year-over-year, from $3.3M to $6K in fiscal year 2025.
Is BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock profitable?
Yes, BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) reported a net income of $349K in fiscal year 2025.
What is BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's earnings per share (EPS)?
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) reported diluted earnings per share of $0.01 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's EBITDA?
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) had EBITDA of $445K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's gross margin?
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) had a gross margin of 5.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's return on equity (ROE)?
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) has a return on equity of 4.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's free cash flow?
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) recorded an outflow of $5K in free cash flow during fiscal year 2025. This represents a 95.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's operating cash flow?
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) recorded an outflow of $4K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's total assets?
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) had $8.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's capital expenditures?
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) invested $1K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's debt-to-equity ratio?
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) had a debt-to-equity ratio of 0.01 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's return on assets (ROA)?
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) had a return on assets of 4.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's Piotroski F-Score?
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock's earnings high quality?
For every $1 of reported earnings, BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) used $0.01 of operating cash (-$4K OCF vs $349K net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock cover its interest payments?
BitMine Immersion Technologies, Inc. 9.5% Series A Perpetual Preferred Stock (BMNP) has an interest coverage ratio of 1,813.11x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.