Bitmine Immersion Technologies, Inc. (BMNR) Revenue History
Annual and quarterly revenue from 2012 to present
BMNR Revenue Over Time (2012–2025)
BMNR Revenue Growth History
3 of 5 years with positive growth- FY2012 revenue growth
- N/A
- FY2013 revenue growth
- -84.8%
- FY2020 revenue growth
- -100.0%
- FY2021 revenue growth
- N/A
- FY2022 revenue growth
- N/A
- FY2023 revenue growth
- +50.9%
- FY2024 revenue growth
- +413.0%
- FY2025 revenue growth
- +84.1%
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $11.0M | — |
| Q1 2026 | $2.3M | — |
| Q4 2025 | $1.3M | — |
| Q3 2025 | $2.1M | — |
| Q2 2025 | $1.5M | — |
| Q1 2025 | $1.2M | — |
| Q4 2024 | $682K | — |
| Q3 2024 | $1.2M | — |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2024)
BMNR's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
BMNR Revenue Analysis (2012–2025)
Current Revenue & Growth
As of June 21, 2026, Bitmine Immersion Technologies, Inc. (BMNR) generated trailing twelve-month (TTM) revenue of $16.7 million, reflecting explosive growth of +627.6% year-over-year. The most recent quarter (Q2 2026) recorded $11.0 million in revenue, up 381.5% sequentially.
Historical Growth Trajectory
BMNR's historical revenue data shows a 3-year CAGR of +142.4%. Bitmine Immersion Technologies, Inc.'s highest annual revenue of $6.1 million was recorded in 2025, an all-time high.
Revenue by Segment
BMNR's revenue is primarily driven by Hosting Revenue (92%), Revenue From Sale Of Mining Equipment (7%), and Hosting Services (1%). With over half of revenue concentrated in Hosting Revenue, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Financial Services sector peers — including MARA, RIOT, and CLSK (+37.7% YoY) — BMNR has outperformed the peer group in revenue growth. Compare BMNR vs MARA →
BMNR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BMNRCurrent | $17M | +627.6% | - | 7288.1% | |
 MARA | $907M | - | - | -90.6% | |
 RIOT | $647M | - | - | -61.8% | |
 CLSK | $766M | +37.7% | +138.0% | 41.6% | |
 HUT | $15M | - | - | -2104.6% | |
 BITF | $229M | - | - | -65.2% |
BMNR Historical Revenue Data (2012–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $6.1M | - | $310K | 5.1% | $444.2M | 7288.1% |
| 2024 | $3.3M | - | $761K | 23.0% | $-2,447,485 | -73.9% |
| 2023 | $645K | - | $222K | 34.5% | $-2,413,000 | -373.9% |
| 2022 | $428K | - | $-129,030 | -30.2% | $-1,714,183 | -400.8% |
| 2021 | $0 | - | $0 | - | $-131,815 | - |
| 2020 | $0 | - | $0 | - | $0 | - |
| 2013 | $87K | - | $14K | 16.2% | $-26,556 | -30.5% |
| 2012 | $573K | - | $171K | 29.8% | $9K | 1.6% |
Intrinsic Valuation
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Historical Returns
14+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
BMNR — Frequently Asked Questions
Quick answers to the most common questions about buying BMNR stock.
Is BMNR's revenue growth accelerating or slowing?
BMNR revenue growth is accelerating. TTM revenue reached $17M, up +627.6% year-over-year — ahead of the 5-year CAGR of N/A. This indicates the business is expanding faster than its historical baseline.
What is BMNR's revenue history from 2012 to 2026?
Bitmine Immersion Technologies, Inc. (BMNR) revenue history spans 2012 to 2026. TTM revenue as of 2026 is $17M, growing at +627.6% YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is BMNR's long-term revenue growth rate (CAGR)?
Bitmine Immersion Technologies, Inc.'s 5-year revenue CAGR of N/A reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +627.6% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for BMNR.
Why does BMNR's quarterly revenue fluctuate?
BMNR quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Bitmine Immersion Technologies, Inc.'s revenue data from 2012 to 2026 shows full historical quarterly detail on this page.
How is BMNR's revenue distributed by segment?
BMNR reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does BMNR's revenue compare to industry peers?
Bitmine Immersion Technologies, Inc. (BMNR) with TTM revenue of $17M and +627.6% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.