Bitmine Immersion Technologies annual gross margin
2022
2023
2024
Bitmine Immersion Technologies Gross Margin Growth & History (BMNR)
Bitmine Immersion Technologies's gross margin was 22.99% for fiscal 2024.
View full Bitmine Immersion Technologies company overviewBitmine Immersion Technologies annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-08-31 | 22.99% | −11.48 pp |
| 2023 | 2023-08-31 | 34.48% | +64.65 pp |
| 2022 | 2022-08-31 | −30.17% | — |
Bitmine Immersion Technologies quarterly gross margin
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2025 | 2025-05-31 | 23.92% | +5.82 pp |
| Q2 2025 | 2025-02-28 | 20.09% | −16.21 pp |
| Q1 2025 | 2024-11-30 | 10.01% | −10.35 pp |
| Q4 2024 | 2024-08-31 | 16.37% | −28.00 pp |
| Q3 2024 | 2024-05-31 | 18.10% | −30.97 pp |
| Q2 2024 | 2024-02-29 | 36.30% | −2.55 pp |
| Q1 2024 | 2023-11-30 | 20.36% | +36.83 pp |
| Q4 2023 | 2023-08-31 | 44.37% | +308.06 pp |
| Q3 2023 | 2023-05-31 | 49.06% | +550.93 pp |
| Q2 2023 | 2023-02-28 | 38.84% | +5.30 pp |
| Q1 2023 | 2022-11-30 | −16.48% | — |
| Q4 2022 | 2022-08-31 | −263.69% | — |
| Q3 2022 | 2022-05-31 | −501.87% | — |
| Q2 2022 | 2022-02-28 | 33.54% | — |
Bitmine Immersion Technologies gross margin trends
Across the available reported history, Bitmine Immersion Technologies's gross margin decreased from 34.48% to 22.99%, a change of −11.48 percentage points. The latest reported quarter, Q3 2025, shows 23.92%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Bitmine Immersion Technologies filings at SEC.gov ↗