Bitmine Immersion Technologies, Inc. income statement

In fiscal 2025, Bitmine Immersion Technologies, Inc. reported revenue of $6.1m, up 84.1% on the year before, operating income of $444m (a 7288.1% margin) and net income of $349m, or $13.39 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Bitmine Immersion Technologies, Inc.: income statement, annual
Fiscal year	2021Aug 2021	2022Aug 2022	2023Aug 2023	2024Aug 2024	2025Aug 2025	LTMMay 2026
Revenue	0	0	1	3	6	61
Cost of revenue	0	1	—	3	6	10
Gross profit	0	−0	0	1	0	52
General and administrative	0	0	0	2	14	347
Operating income	−0	−2	−2	−2	444	−8,876
Interest expense	—	—	—	0	0	—
Income before tax	—	—	—	−3	441	−8,755
Income tax	—	—	—	—	92	0
Net income	−0	−2	−2	−3	349	−8,755
Diluted EPS	−$0.04	−$0.10	−$0.10	−$0.13	$13.39	—
Diluted shares (average)	5m	22m	25m	25m	25m	—
EBITDA	−0	−2	−2	−2	445	−8,875

US$ millions unless shown otherwise. Fiscal quarters.

Bitmine Immersion Technologies, Inc.: income statement, quarterly
Quarter	2024 Q4Aug 2024	2025 Q1Nov 2024	2025 Q2Feb 2025	2025 Q3May 2025	2025 Q4Aug 2025	2026 Q1Nov 2025	2026 Q2Feb 2026	2026 Q3May 2026
Revenue	1	1	2	2	1	2	11	47
Cost of revenue	—	1	1	2	1	1	1	6
Gross profit	0	0	0	0	−0	1	10	41
General and administrative	2	1	1	1	11	223	75	37
Operating income	−1	−1	−1	−0	446	−5,470	−3,841	−12
Interest expense	0	0	0	—	—	0	−5	—
Income before tax	—	−1	−1	−1	444	−5,296	−3,818	−84
Income tax	—	—	—	0	92	−92	0	0
Net income	−1	−1	−1	−1	351	−5,204	−3,818	−84
Diluted EPS	−$0.33	−$1.66	−$0.58	−$0.31	$16.01	−$15.98	−$8.40	−$0.15
EBITDA	−0	−1	−1	−0	447	−5,470	−3,840	−11

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Bitmine Immersion Technologies, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Bitmine Immersion Technologies, Inc.