Filing Flows › Bimini Capital Management (BMNM) › Q2 2026
Bimini Capital Management (BMNM) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Bimini Capital Management (BMNM) reported revenue of $7.2M for the second quarter 2026 (Q2 2026), +29% from a year earlier and +11% from the quarter before. Operating margin was 25.0%, net earnings $374K (5.2% of revenue).
Bimini Capital Management, Q2 2026: revenue $7.2M (+29% year over year), operating margin 25.0%, net earnings $374K, operating cash flow $2.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.2M | +11% | +29% |
| Operating profit | $1.8M | +77% | 37× |
| Net earnings | $374K | -53% | +775% |
| Operating cash flow | $2.6M | 13× | +45% |
What changed
Revenue was $7.2M in Q2 2026, up 29% year over year and up 11% from the previous quarter.
Operating profit was $1.8M, a 25.0% margin (up 24.1 points year over year). Of the extra revenue versus Q2 2025, 108% reached operating profit, above the 1% margin then. Total costs fell 2% while revenue rose 29%. The fastest-growing cost line was SG&A (+72%). Net earnings were $374K, up 775% year over year. The effective tax rate was 72.4%.
Operating cash flow was $2.6M (up 45% year over year), 520% of net income including minority interests. Non-cash charges added back $195K of depreciation and amortization. Working capital and other items added $1.9M.
Questions
What was Bimini Capital Management's revenue in the second quarter 2026?
Bimini Capital Management (BMNM) reported revenue of $7.2M for the second quarter 2026 (Q2 2026), +29% from a year earlier and +11% from the quarter before.
Was Bimini Capital Management profitable in the second quarter 2026?
Operating profit was $1.8M (25.0% of revenue) and net earnings $374K.