BitMine Immersion Technologies NYSE: BMNR is deliberately weaponizing capital structure. Retail and institutional investors watched BitMine Immersion contract 15% from late-May highs, sending it down to $16 and below a $21.67 calculated book value.

Immersion Corporation (IMMR) stock price & volume — 10-year historical chart
Investment Thesis • Updated 2025Q4
the company's fundamental shift toward an asset-heavy model has resulted in a net loss of $10.3 million in 2025Q4 and a concerning compression of operating margins to just 1.0%.
Immersion Corporation (IMMR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Immersion Corporation (IMMR) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 13, 2026 | $0.36vs $0.15+146.6% | —vs $425M |
| Q2 2026 | Mar 26, 2026 | $0.08vs $0.14-41.4% | $281Mvs $250M+12.6% |
| Q2 2026 | Mar 25, 2026 | $0.03vs $0.15-120.5% | —vs $425M |
| Q4 2025 | Dec 12, 2025 | $0.83vs $0.10+746.9% | —vs $610M |
Recent stock market news and headlines for Immersion Corporation (IMMR)
BitMine Immersion Technologies NYSE: BMNR is deliberately weaponizing capital structure. Retail and institutional investors watched BitMine Immersion contract 15% from late-May highs, sending it down to $16 and below a $21.67 calculated book value.

Immersion remains a value play, trading ~26.4% below its estimated $9/share underlying value. IMMR's upside is now more tied to BNED's turnaround and ongoing equity investments, as patent monetization catalysts have weakened and patent portfolio value is uncertain. The company maintains strong liquidity, no debt, and a forward dividend yield near 4.5%, providing a moderate baseline return for patient investors.

NORWALK, Conn., June 18, 2026 /PRNewswire/ -- (NYSE: BMNR; BMNP) Bitmine Immersion Technologies, Inc. ("Bitmine" or the "Company") announced today that its Board of Directors has declared a cash dividend of $0.1056 on the Company's 9.50% Series A Perpetual Preferred Stock (the "Series A Preferred Stock"), which is listed on the New York Stock Exchange under the trading symbol "BMNP".

BitMine Immersion Technologies NYSE: BMNR is deliberately weaponizing capital structure. Retail and institutional investors watched BitMine Immersion contract 15% from late-May highs, sending it down to $16 and below a $21.67 calculated book value.

Key metrics vs top competitors for Immersion Corporation (IMMR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $6.50 | $215.15M | -32.50 | 11.97% | -0.27% | -0.83% | 2.11% | |
| $4.45 | $429.82M | 20.23 | 133.2% | -8.53% | -3.18% | — | |
| $5.82 | $30.13M | -1.43 | -98.4% | — | 184.3% | — | |
| $106.05 | $8.27B | 153.70 | 2.8% | 8.14% | 6.68% | — | |
| $45.84 | $5.38B | -40.57 | 13.17% | -20.71% | -27.37% | — | |
| $0.38 | $125.32M | -1.08 | -74.28% | -5887.77% | -139.2% | — |
Immersion Corporation (IMMR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Immersion Corporation (IMMR) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 2, 2026·SEC
May 15, 2026·SEC
Apr 24, 2026·SEC
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Immersion Corporation (IMMR) stock FAQ — growth, dividends, profitability & financials explained
Immersion Corporation (IMMR) reported $1.74B in revenue for fiscal year 2025. This represents a 19924% increase from $8.7M in 1998.
Immersion Corporation (IMMR) grew revenue by 12.0% over the past year. This is steady growth.
Immersion Corporation (IMMR) reported a net loss of $4.7M for fiscal year 2025.
Yes, Immersion Corporation (IMMR) pays a dividend with a yield of 2.11%. This makes it attractive for income-focused investors.
Immersion Corporation (IMMR) has a return on equity (ROE) of -0.8%. Negative ROE indicates the company is unprofitable.
Immersion Corporation (IMMR) generated $10.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.