Bitmine Immersion Technologies, Inc. (BMNR) Revenue History
Annual and quarterly revenue from 2012 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
BMNR's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
BMNR Revenue Analysis (2012–2025)
As of March 1, 2026, Bitmine Immersion Technologies, Inc. (BMNR) generated trailing twelve-month (TTM) revenue of $7.2 million, reflecting explosive growth of +91.0% year-over-year. The most recent quarter (Q1 2026) recorded $2.3 million in revenue, up 73.1% sequentially.
Looking at the longer-term picture, BMNR's historical revenue data shows a 3-year CAGR of +142.4%. The company achieved its highest annual revenue of $6.1 million in 2025, representing a new all-time high.
Revenue diversification analysis shows BMNR's business 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 maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including IREN, WULF, and CIFR. Compare BMNR vs IREN →
Peer Comparison
Compare BMNR's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BMNRCurrent | $7M | +91.0% | - | 7288.1% | |
| IREN | $501M | - | - | 3.5% | |
| WULF | $140M | - | - | -54.4% | |
| CIFR | $224M | - | - | -76.7% | |
| RIOT | $377M | - | - | 40.8% | |
| HUT | $235M | - | - | -136.9% |
Historical Revenue Data
| 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 | - |
| 2012 | $573K | - | $171K | 29.8% | $9K | 1.6% |
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Start ComparisonFrequently Asked Questions
Is BMNR's revenue growth accelerating or slowing?
BMNR revenue is accelerating at +91.0% year-over-year, exceeding the 5-year CAGR of N/A. TTM revenue reached $7M. Growth momentum has increased versus prior periods.
What is BMNR's long-term revenue growth rate?
Bitmine Immersion Technologies, Inc.'s 5-year revenue CAGR of N/A reflects the sustained expansion pattern. Current YoY growth of +91.0% is above this long-term average.
How is BMNR's revenue distributed by segment?
BMNR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2012-2025 are available for download. Segment mix reveals concentration and diversification trends.