Filing Flows › Bimini Capital Management (BMNM) › How it makes money
How Bimini Capital Management (BMNM) makes money
Bimini Capital Management (BMNM) made $7.1M of revenue in the third quarter 2026 (Q3 2026), +14% from a year earlier. REIT Management Fees brought in $5.0M (70%); Investment Advisory Fees brought in $1.7M (24%); Other revenues brought in $411K (6%). Of every dollar of revenue, 18¢ was left as operating profit, 14¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| REIT Management Fees | $5.0M | 70.1% | — | +11% |
| Investment Advisory Fees | $1.7M | 24.1% | — | — |
| Other revenues | $411K | 5.8% | — | -76% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $7.1M | 100.0% |
| Operating profit | $1.3M | 18.1% |
| Income tax | $140K | 2.0% |
| Net earnings | $1.0M | 14.5% |
| Operating cash flow | $3.2M | 45.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $7.1M | +14% |
| Q2 2026 | $7.2M | +29% |
| Q1 2026 | $6.5M | +18% |
| Q4 2025 | $6.4M | +21% |
| Q3 2025 | $6.2M | +24% |
| Q2 2025 | $5.6M | +20% |
| Q1 2025 | $5.5M | +22% |
From Bimini Capital Management's 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does Bimini Capital Management make money?
Bimini Capital Management (BMNM) made $7.1M of revenue in the third quarter 2026 (Q3 2026), +14% from a year earlier. REIT Management Fees brought in $5.0M (70%); Investment Advisory Fees brought in $1.7M (24%); Other revenues brought in $411K (6%). Of every dollar of revenue, 18¢ was left as operating profit, 14¢ was left as net earnings.
What is Bimini Capital Management's biggest business?
REIT Management Fees: $5.0M in the third quarter 2026, 70% of revenue, +11% from a year earlier.
What is Bimini Capital Management's profit margin?
Net earnings were $1.0M, 14.5% of revenue, in the third quarter 2026; the operating margin was 18.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.