Gross Margin: 87.08%
Is the gross margin high or low?
The gross margin of 87.08% is 588% above its 5-year average of -17.83%, near the high end of its 5-year range (-501.87%–87.08%).
As of Monday, June 29, 2026. 209.45% above its 12-month average of 28.14%.
BMNR Gross Margin
Reported quarterly gross margin; no daily interpolation.
BMNR Average Gross Margin Chart
BMNR Current vs Average Gross Margin Chart
BMNR Gross Margin Metrics
GROSS MARGIN
87.08%
GROSS MARGIN AVG TTM
28.14%
GROSS MARGIN AVG 3Y
30.25%
GROSS MARGIN AVG 5Y
20.59%
GROSS MARGIN AVG 10Y
19.56%
GROSS MARGIN AVG 15Y
12.60%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+209.45%
CURRENT VS 3Y AVG
+187.89%
CURRENT VS 5Y AVG
+322.99%
CURRENT VS 10Y AVG
+345.25%
CURRENT VS 15Y AVG
+591.09%
CURRENT VS 20Y AVG
N/A
BMNR Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bitmine Immersion Technologies, Inc. (BMNR) | $7.29B | 87.08% | 28.14% | 30.25% | 20.59% |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.57B | 46.64% | 47.66% | 42.81% | 40.23% |
| FactSet Research Systems Inc. (FDS)vs › | $8.44B | 51.94% | 53.39% | 53.22% | 52.82% |
| Axos Financial, Inc. (AX)vs › | $5.47B | 62.42% | 60.18% | 69.70% | 73.04% |
| Main Street Capital Corporation (MAIN)vs › | $4.74B | 100.00% | 91.48% | 86.62% | 80.78% |
| Erie Indemnity Company (ERIE)vs › | $11.03B | 16.12% | 16.79% | 15.69% | 14.69% |
| American Financial Group, Inc. (AFG)vs › | $11.56B | 46.32% | 32.05% | 24.82% | 21.11% |
| Invesco Ltd. (IVZ)vs › | $11.59B | 50.68% | 38.30% | 37.99% | 38.66% |
| Nuveen Quality Municipal Income Fund (NAD)vs › | $2.81B | 93.93% | 158.88% | 148.28% | 127.23% |
| Assurant, Inc. (AIZ)vs › | $13.10B | 77.83% | 76.93% | 77.01% | 64.48% |
Gross Margin Analysis
Gross Margin
87.1%
(Revenue - COGS) / Revenue
Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Gross Margin FAQ
- What is the gross margin for Bitmine Immersion Technologies, Inc. (BMNR)?
- The gross margin for BMNR stock is 87.08%.
- Is Bitmine Immersion Technologies, Inc.'s gross margin high or low?
- The gross margin of 87.08% is 588% above its 5-year average of -17.83%, near the high end of its 5-year range (-501.87%–87.08%).
- What is the TTM average gross margin for Bitmine Immersion Technologies, Inc. (BMNR)?
- The TTM average gross margin for BMNR stock is 28.14%.
- What is the 3Y average gross margin for Bitmine Immersion Technologies, Inc. (BMNR)?
- The 3Y average gross margin for BMNR stock is 30.25%.
- What is the 5Y average gross margin for Bitmine Immersion Technologies, Inc. (BMNR)?
- The 5Y average gross margin for BMNR stock is 20.59%.
- What is the 10Y average gross margin for Bitmine Immersion Technologies, Inc. (BMNR)?
- The 10Y average gross margin for BMNR stock is 19.56%.
- What is the 15Y average gross margin for Bitmine Immersion Technologies, Inc. (BMNR)?
- The 15Y average gross margin for BMNR stock is 12.60%.
BMNR Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-02-28 | 87.08% |
| 2025-11-30 | 55.34% |
| 2025-08-31 | -45.72% |
| 2025-05-31 | 23.92% |
| 2025-02-28 | 20.08% |
| 2024-11-30 | 10.01% |
| 2024-08-31 | 16.36% |
| 2024-05-31 | 18.10% |
| 2024-02-29 | 36.30% |
| 2023-11-30 | 20.36% |
| 2023-08-31 | 44.37% |
| 2023-05-31 | 49.06% |
| 2023-02-28 | 38.84% |
| 2022-11-30 | -16.48% |
| 2022-08-31 | -263.69% |
| 2022-05-31 | -501.87% |
| 2022-02-28 | 33.54% |
| 2021-11-30 | 0.00% |
| 2021-08-31 | 0.00% |
| 2021-05-31 | 0.00% |
| 2021-02-28 | 0.00% |
| 2020-11-30 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 80.44% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | -20.84% |
| 2013-06-30 | 32.44% |
| 2013-03-31 | -43.86% |
| 2012-12-31 | 27.69% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 35.88% |
| 2012-03-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
Related Metrics
About Bitmine Immersion Technologies, Inc.
Bitmine Immersion Technologies, Inc. is a blockchain technology company primarily operating in the United States. The company's activities include managing an Ethereum (ETH) treasury, and offering a range of services for the Bitcoin (BTC) ecosystem, such as consulting, advisory, and equipment leasing. It also assists in optimizing and securing third-party power and hosting solutions for its clients. A key part of its strategy involves disciplined Bitcoin (BTC) treasury management, alongside systematically reducing its proprietary self-mining operations and postponing the development of new operational sites. Beyond BTC, Bitmine provides broader digital asset ecosystem services, encompassing consulting, advisory, and diligent digital asset treasury management. Furthermore, the company sells mining hardware to its clients and affiliated entities. Established in 2019, Bitmine Immersion Technologies, Inc. is based in Las Vegas, Nevada, and was formerly known as Sandy Springs Holdings Inc.
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- CEO
- Chi Tsang