NYSE$BMNR

Bitmine Immersion Technologies Inc · Q2 2025 earnings

Q2 2025 earnings ·

Briefing

Bitmine Immersion reported fiscal Q2 2025 revenue of $1.52M with a net loss of $1.16M and diluted loss per share of $0.03.

Total revenue was $1.52 million for the three months ended February 28, 2025, primarily from self-mining bitcoin. Net loss was $1.16 million (diluted LPS $0.03) versus $0.90 million ($0.02) a year ago. Operating expenses included heavy depreciation and professional fees as the company pivoted its crypto-mining business model.

  • Q2 revenue $1.52M, almost entirely self-mining.
  • Net loss $1.16M; diluted LPS $0.03.
  • Depreciation and G&A drove operating expense pressure.
  • Interest expense and debt extinguishment losses weighed on bottom line.

Headline financials

Total Revenue

$1.52M

Previous: $892K+70.2%
EPS (adj)

-$0.03

Previous: -$0.02-50.0%
Capital Expenditures

-$18K

Previous: -$57.4K+68.6%
Free Cash Flow

-$1.17M

Previous: -$960K-22.4%
Net Income

-$1.16M

Previous: -$903K-28.2%
Operating Income

-$914K

Previous: -$649K-40.8%
Gross Profit

$305K

Previous: $324K-5.8%

Revenue & EPS history

Bitmine Immersion Technologies Inc · Revenue · Quarterly

$1.52M

Q2 2025+70.2%vs Q2 2024
Beat estimate in 0 of 2 quarters(0%)
ActualEstimate

Forward guidance

Bitcoin miner outlook tied to hash price, power costs, and fleet utilization rather than traditional EPS targets.

Tailwinds

  • Self-mining revenue scales with bitcoin price and uptime.
  • Cost actions can narrow operating losses.

Headwinds

  • Crypto price volatility directly affects economics.
  • High depreciation and financing costs pressure GAAP earnings.

Historical earnings impact

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

Avg. return before/after earnings

Based on 2 quarterly earnings reports

Historical avg

+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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