NYSE$BMNR

Bitmine Immersion Technologies Inc · Q1 2026 earnings

Q1 2026 earnings · · After market close

Briefing

BitMine Immersion reported Q1 2026, revenue of $45M, net loss of $8M.

For Q1 2026, BitMine Immersion reported revenue of $45M, a net loss of $8M. Management discusses segment performance, capital allocation, and outlook in the earnings filing.

  • Revenue $45M.
  • Net loss $8M.
  • BitMine Immersion highlights liquidity, operations, and 2026 priorities.

Headline financials

Total Revenue

$2.29M

Previous: $1.2M+91.0%
EPS (adj)

-$0.05

Previous: $32.00-100.2%
Adjusted EBITDA

-$21.7K

No prior period
Unrealized Loss on Crypto

$5.25M

No prior period
Adjusted Pre-tax Loss

-$21.6K

No prior period
Weighted Avg Shares

325.7M

No prior period
Capital Expenditures

-$376K

Previous: -$18K-1988.9%
Free Cash Flow

-$5.2B

Previous: -$993K-524154.2%
Net Income

-$5.2B

Previous: -$975K-533796.8%
Operating Income

-$5.47B

Previous: -$884K-618698.7%
Gross Profit

$1.27M

Previous: $120K+955.7%

Revenue & EPS history

Bitmine Immersion Technologies Inc · Revenue · Quarterly

$2.29M

Q1 2026+91%vs Q1 2025
Beat estimate in 0 of 2 quarters(0%)
ActualEstimate

Forward guidance

The release discusses BitMine Immersion's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • BitMine Immersion cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • GAAP profitability remained under pressure in Q1 2026.
  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 2 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+5.5%

Avg return

Earnings day

+1.8%

Avg return

5 days after

+4.7%

Avg return

30 days after

67%

2 / 3 earnings

Positive

+12.1%

Q3 2025

Best reaction

-0.1%

Q2 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026
Q2 2026-0.1%+6.7%+2.2%
Q1 2026+4.6%-0.2%-32.9%
Q3 2025+12.1%-1.0%+44.7%
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Q1 2024
Q3 2023
Q2 2023
Q1 2023
Q3 2022
Q2 2022

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