Filing Flows › Bitmine Immersion Technologies (BMNR) › Q4 FY25
Bitmine Immersion Technologies (BMNR) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Nov 21, 2025
Bitmine Immersion Technologies (BMNR) reported revenue of $1.3M for the fourth quarter fiscal 2025 (Q4 FY25), +94% from a year earlier and -35% from the quarter before.
Bitmine Immersion Technologies, Q4 FY25: revenue $1.3M (+94% year over year), net earnings $351M, operating cash flow −$5.5M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3M | -35% | +94% |
| Operating profit | $446M | — | — |
| Net earnings | $351M | — | — |
| Operating cash flow | −$5.5M | -429% | -2641% |
What changed
Revenue was $1.3M in Q4 FY25, up 94% year over year and down 35% from the previous quarter.
Operating profit was $446.5M, a 33696.3% margin (up 33793.2 points year over year). Net earnings were $351.3M. The effective tax rate was 20.8%.
Operating cash flow was −$5.5M. Non-cash charges added back $222K of depreciation and $1.1M of share-based compensation. Working capital and other items used $358.2M. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$6.6M.
Questions
What was Bitmine Immersion Technologies' revenue in the fourth quarter fiscal 2025?
Bitmine Immersion Technologies (BMNR) reported revenue of $1.3M for the fourth quarter fiscal 2025 (Q4 FY25), +94% from a year earlier and -35% from the quarter before.