Seek Returns

BMNR vs. FROG: Bitmine Immersion vs. JFrog Stock Comparison

How do Bitmine Immersion (BMNR) and JFrog (FROG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Bitmine Immersion (BMNR) and JFrog (FROG) both belong to the Software industry, though BMNR is classified under Application Software while FROG falls under Systems Software.

Company profile comparison for Bitmine Immersion (BMNR) and JFrog (FROG)
Profile ItemBMNRFROG
NameBitMine Immersion Technologies, Inc.JFrog Ltd.
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSoftware & ServicesSoftware & Services
GICS IndustrySoftwareSoftware
GICS Sub-IndustryApplication SoftwareSystems Software
Market Capitalization11.32 billion USD12.45 billion USD
CurrencyUSDUSD
ExchangeNYSE AmericanNasdaq
Listing DateJune 5, 2025September 16, 2020
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

BMNR
FROG
GSPC
Loading price history…
Bitmine Immersion (BMNR) vs. JFrog (FROG), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Bitmine Immersion (BMNR) and JFrog (FROG). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Bitmine Immersion (BMNR) and JFrog (FROG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Bitmine Immersion (BMNR) and JFrog (FROG)
MetricBMNRFROG
Total Return (1Y)-52.72%77.72%
Total Return (3Y, Annualized)--60.36%
Total Return (5Y, Annualized)--22.50%

Risk Profile

Drawdown History

BMNR
FROG
GSPC
Loading price history…
Bitmine Immersion (BMNR) vs. JFrog (FROG), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Bitmine Immersion (BMNR) and JFrog (FROG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Bitmine Immersion (BMNR) and JFrog (FROG)
MetricBMNRFROG
Volatility (1Y, Annualized)89.23%80.78%
Beta (5Y)1.751.26
Max Drawdown (5Y)-90.14%-56.17%
Avg. Volume (3M)36.95M1.95M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
BMNR and FROG are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Bitmine Immersion (BMNR) and JFrog (FROG)
MetricBMNRFROG
Sharpe Ratio (1Y)-0.640.91
Sortino Ratio (1Y)-0.931.48

Profitability

ROE (TTM)

Both Bitmine Immersion (BMNR) at -150.91% and JFrog (FROG) at -2.26% report negative ROE values. Negative ROE can reflect losses or negative shareholders’ equity, so both readings need extra context.

BMNR

Software & Services industry group

-150.91%

Max
53.85%
Q3
17.90%
Median
6.59%
Q1
-9.59%
Min
-50.52%
BMNR
-150.91%

FROG

Software & Services industry group

-2.26%

Max
53.85%
Q3
17.90%
Median
6.59%
FROG
-2.26%
Q1
-9.59%
Min
-50.52%
Loading chart…
Bitmine Immersion (BMNR) vs. JFrog (FROG): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

JFrog (FROG) reports a negative net margin of -3.28%, usually indicating a net loss over the period. Meanwhile Bitmine Immersion (BMNR) reports 0.00%, ranking against industry peers normally.

BMNR

Software & Services industry group

0.00%

Max
41.17%
Q3
15.28%
Median
4.63%
BMNR
0.00%
Q1
-5.42%
Min
-33.17%

FROG

Software & Services industry group

-3.28%

Max
41.17%
Q3
15.28%
Median
4.63%
FROG
-3.28%
Q1
-5.42%
Min
-33.17%
Loading chart…
Bitmine Immersion (BMNR) vs. JFrog (FROG): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

JFrog (FROG) reports a negative operating margin of -0.27%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Bitmine Immersion (BMNR) reports 8.42%, ranking against industry peers normally.

BMNR

Software & Services industry group

8.42%

Max
46.89%
Q3
17.64%
Median
8.73%
BMNR
8.42%
Q1
-2.13%
Min
-30.45%

FROG

Software & Services industry group

-0.27%

Max
46.89%
Q3
17.64%
Median
8.73%
FROG
-0.27%
Q1
-2.13%
Min
-30.45%
Loading chart…
Bitmine Immersion (BMNR) vs. JFrog (FROG): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Bitmine Immersion (BMNR) and JFrog (FROG)
MetricBMNRFROG
ROE (TTM)-150.91%-2.26%
ROA (TTM)-3.17%-1.85%
Net Margin (TTM)0.00%-3.28%
Operating Margin (TTM)8.42%-0.27%
Gross Margin (TTM)84.44%78.44%

Growth

Revenue Growth

Bitmine Immersion (BMNR) at 84.14% clears its industry range for revenue growth, far stronger top-line momentum than JFrog (FROG) at 24.12%, which is closer to a typical peer reading.

Loading chart…
Bitmine Immersion (BMNR) vs. JFrog (FROG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Neither Bitmine Immersion (BMNR) nor JFrog (FROG) reports a EPS growth value for this period, so a direct comparison isn't possible.

Growth Metrics

Growth metrics for Bitmine Immersion (BMNR) and JFrog (FROG)
MetricBMNRFROG
Revenue Growth (YoY)84.14%24.12%
Revenue Growth (3Y CAGR)142.45%23.84%
EPS Growth (YoY)----
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

JFrog (FROG) at 2.15 keeps current ratio within its industry’s typical mid-range, while Bitmine Immersion (BMNR) at 36.68 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

BMNR

Software & Services industry group

36.68

BMNR
36.68
Max
5.11
Q3
2.77
Median
1.67
Q1
1.01
Min
0.03

FROG

Software & Services industry group

2.15

Max
5.11
Q3
2.77
FROG
2.15
Median
1.67
Q1
1.01
Min
0.03
Loading chart…
Bitmine Immersion (BMNR) vs. JFrog (FROG): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Bitmine Immersion (BMNR) at 0.00 keeps leverage in the lower industry quartile, while JFrog (FROG) at 0.11 runs a more typical debt-to-equity mix.

BMNR

Software & Services industry group

0.00

Max
2.52
Q3
1.13
Median
0.40
Q1
0.07
BMNR
0.00
Min
0.00

FROG

Software & Services industry group

0.11

Max
2.52
Q3
1.13
Median
0.40
FROG
0.11
Q1
0.07
Min
0.00
Loading chart…
Bitmine Immersion (BMNR) vs. JFrog (FROG): A comparison of their debt-to-equity ratio against the Software & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Bitmine Immersion (BMNR) and JFrog (FROG)
MetricBMNRFROG
Current Ratio (MRQ)36.682.15
Debt / Equity (MRQ)0.000.11
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

JFrog (FROG) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Bitmine Immersion (BMNR) reports a yield of 0.05%, ranking against industry peers normally.

BMNR

Software & Services industry group

0.05%

BMNR
0.05%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

FROG

Software & Services industry group

0.00%

FROG
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Bitmine Immersion (BMNR) vs. JFrog (FROG): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Bitmine Immersion (BMNR) nor JFrog (FROG) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

BMNR

Software & Services industry group

0.00%

BMNR
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

FROG

Software & Services industry group

0.00%

FROG
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Bitmine Immersion (BMNR) vs. JFrog (FROG): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Bitmine Immersion (BMNR) and JFrog (FROG)
MetricBMNRFROG
Dividend Yield (TTM)0.05%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

Neither Bitmine Immersion (BMNR) nor JFrog (FROG) reports a P/E ratio value for this period, so a direct comparison isn’t possible.

BMNR

Software & Services industry group

--

Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69
BMNR
--

FROG

Software & Services industry group

--

Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69
FROG
--
Loading chart…
Bitmine Immersion (BMNR) vs. JFrog (FROG): Neither stock reports P/E ratio, so the chart shows available benchmark boxes without value markers.

P/S Ratio (TTM)

Investors are paying well above the peer range per dollar of sales for both Bitmine Immersion (BMNR) at 184.93 and JFrog (FROG) at 19.39 — each P/S ratio clears its industry’s benchmark range.

BMNR

Software & Services industry group

184.93

BMNR
184.93
Max
17.91
Q3
8.78
Median
4.25
Q1
2.23
Min
0.02

FROG

Software & Services industry group

19.39

FROG
19.39
Max
17.91
Q3
8.78
Median
4.25
Q1
2.23
Min
0.02
Loading chart…
Bitmine Immersion (BMNR) vs. JFrog (FROG): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Bitmine Immersion (BMNR) at 0.94 looks cheap against book in the lower P/B ratio quartile, while JFrog (FROG) at 12.37 carries a premium in the upper quartile — a clear price-to-book gap.

BMNR

Software & Services industry group

0.94

Max
16.63
Q3
8.50
Median
4.30
Q1
1.92
BMNR
0.94
Min
-3.90

FROG

Software & Services industry group

12.37

Max
16.63
FROG
12.37
Q3
8.50
Median
4.30
Q1
1.92
Min
-3.90
Loading chart…
Bitmine Immersion (BMNR) vs. JFrog (FROG): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Bitmine Immersion (BMNR) and JFrog (FROG)
MetricBMNRFROG
P/E Ratio (TTM)----
P/S Ratio (TTM)184.9319.39
P/B Ratio (MRQ)0.9412.37
Free Cash Flow Yield (TTM)-4.58%1.85%