BMNR vs. IT: Bitmine Immersion vs. Gartner Stock Comparison

November 11, 2026

How do Bitmine Immersion (BMNR) and Gartner (IT) 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 Gartner (IT) both fall under the Software & Services industry group, but BMNR is classified in Software while IT is classified in IT Services.

Gartner (IT) carries decades of public-market history since October 5, 1993, while Bitmine Immersion (BMNR) listed on June 5, 2025 — long-window comparisons have far more historical data on the IT side.

Company profile comparison for Bitmine Immersion (BMNR) and Gartner (IT)
Profile Item	BMNR	IT
Name	BitMine Immersion Technologies, Inc.	Gartner Inc.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Software & Services	Software & Services
GICS Industry	Software	IT Services
GICS Sub-Industry	Application Software	IT Consulting & Other Services
Market Capitalization	11.32 billion USD	11.99 billion USD
Currency	USD	USD
Exchange	NYSE American	NYSE
Listing Date	June 5, 2025	October 5, 1993
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

BMNR

GSPC

Bitmine Immersion (BMNR) vs. Gartner (IT), 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

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Trailing total returns for Bitmine Immersion (BMNR) and Gartner (IT). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Bitmine Immersion (BMNR) and Gartner (IT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Bitmine Immersion (BMNR) and Gartner (IT)
Metric	BMNR	IT
Total Return (1Y)	-52.72%	-17.60%
Total Return (3Y, Annualized)	--	-22.07%
Total Return (5Y, Annualized)	--	-10.95%

Risk Profile

Drawdown History

BMNR

GSPC

Bitmine Immersion (BMNR) vs. Gartner (IT), 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

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Distribution of monthly total returns for Bitmine Immersion (BMNR) and Gartner (IT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Bitmine Immersion (BMNR) and Gartner (IT)
Metric	BMNR	IT
Volatility (1Y, Annualized)	89.23%	58.29%
Beta (5Y)	1.75	0.95
Max Drawdown (5Y)	-90.14%	-77.21%
Avg. Volume (3M)	36.95M	1.14M

Risk-Adjusted Performance

Risk-Return Positioning

BMNR and IT 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 Gartner (IT)
Metric	BMNR	IT
Sharpe Ratio (1Y)	-0.64	-0.38
Sortino Ratio (1Y)	-0.93	-0.54

Profitability

ROE (TTM)

Bitmine Immersion (BMNR) reports a negative ROE of -150.91%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Gartner (IT) reports 365.76%, ranking against industry peers normally.

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%

IT

Software & Services industry group

365.76%

IT: 365.76%
Max: 53.85%
Q3: 17.90%
Median: 6.59%
Q1: -9.59%
Min: -50.52%

Bitmine Immersion (BMNR) vs. Gartner (IT): A comparison of their ROE against the Software & Services industry group benchmark.

Net Margin (TTM)

Both Bitmine Immersion (BMNR) at 0.00% and Gartner (IT) at 14.81% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

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%

IT

Software & Services industry group

14.81%

Max: 41.17%
Q3: 15.28%
IT: 14.81%
Median: 4.63%
Q1: -5.42%
Min: -33.17%

Bitmine Immersion (BMNR) vs. Gartner (IT): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Gartner (IT) at 18.58% operates in the top operating margin quartile, ahead of Bitmine Immersion (BMNR) at 8.42%, which runs around its industry’s norm.

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%

IT

Software & Services industry group

18.58%

Max: 46.89%
IT: 18.58%
Q3: 17.64%
Median: 8.73%
Q1: -2.13%
Min: -30.45%

Bitmine Immersion (BMNR) vs. Gartner (IT): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Bitmine Immersion (BMNR) and Gartner (IT)
Metric	BMNR	IT
ROE (TTM)	-150.91%	365.76%
ROA (TTM)	-3.17%	11.33%
Net Margin (TTM)	0.00%	14.81%
Operating Margin (TTM)	8.42%	18.58%
Gross Margin (TTM)	84.44%	70.18%

Growth

Revenue Growth

Bitmine Immersion (BMNR) at 84.14% delivers above-range revenue growth, while Gartner (IT) at 3.67% falls into the bottom quartile — a wide split in revenue momentum.

Bitmine Immersion (BMNR) vs. Gartner (IT): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Gartner (IT) reports EPS growth of -39.69%, ranked against its industry; Bitmine Immersion (BMNR) has no EPS growth figure this period.

Bitmine Immersion (BMNR) vs. Gartner (IT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Bitmine Immersion (BMNR) and Gartner (IT)
Metric	BMNR	IT
Revenue Growth (YoY)	84.14%	3.67%
Revenue Growth (3Y CAGR)	142.45%	5.87%
EPS Growth (YoY)	--	-39.69%
EPS Growth (3Y CAGR)	--	-1.05%

Financial Strength

Current Ratio (MRQ)

Bitmine Immersion (BMNR) at 36.68 carries current ratio above its industry’s typical mid-range, while Gartner (IT) at 0.91 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

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

IT

Software & Services industry group

0.91

Max: 5.11
Q3: 2.77
Median: 1.67
Q1: 1.01
IT: 0.91
Min: 0.03

Bitmine Immersion (BMNR) vs. Gartner (IT): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Bitmine Immersion (BMNR) carries debt-to-equity ratio of 0.00 against its industry range, while Gartner (IT) reports no figure this period.

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

IT

Software & Services industry group

Max: 2.52
Q3: 1.13
Median: 0.40
Q1: 0.07
Min: 0.00
IT: --

Bitmine Immersion (BMNR) vs. Gartner (IT): IT does not report debt-to-equity ratio, so it has no value marker; BMNR is benchmarked against the Software & Services industry group.

Financial Strength Metrics

Financial strength metrics for Bitmine Immersion (BMNR) and Gartner (IT)
Metric	BMNR	IT
Current Ratio (MRQ)	36.68	0.91
Debt / Equity (MRQ)	0.00	--
Net Debt / EBITDA	--	1.18

Dividends

Dividend Yield (TTM)

Gartner (IT) 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%

IT

Software & Services industry group

0.00%

IT: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Bitmine Immersion (BMNR) vs. Gartner (IT): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Bitmine Immersion (BMNR) nor Gartner (IT) 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%

IT

Software & Services industry group

0.00%

IT: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Bitmine Immersion (BMNR) vs. Gartner (IT): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Bitmine Immersion (BMNR) and Gartner (IT)
Metric	BMNR	IT
Dividend Yield (TTM)	0.05%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Gartner (IT) trades at 13.62 times trailing earnings, ranked against its peers, while Bitmine Immersion (BMNR) has no P/E ratio this period.

BMNR

Software & Services industry group

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

IT

Software & Services industry group

13.62

Max: 112.94
Q3: 60.32
Median: 32.91
Q1: 18.77
IT: 13.62
Min: 6.69

Bitmine Immersion (BMNR) vs. Gartner (IT): BMNR does not report P/E ratio, so it has no value marker; IT is benchmarked against the Software & Services industry group.

P/S Ratio (TTM)

Gartner (IT) at 1.86 sits in the cheaper P/S ratio quartile while Bitmine Immersion (BMNR) at 184.93 prices above its industry range — a wide gap in sales valuation between them.

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

IT

Software & Services industry group

1.86

Max: 17.91
Q3: 8.78
Median: 4.25
Q1: 2.23
IT: 1.86
Min: 0.02

Bitmine Immersion (BMNR) vs. Gartner (IT): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Gartner (IT) reports a negative P/B ratio of -348.81, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Bitmine Immersion (BMNR) reports 0.94, ranking against industry peers normally.

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

IT

Software & Services industry group

-348.81

Max: 16.63
Q3: 8.50
Median: 4.30
Q1: 1.92
Min: -3.90
IT: -348.81

Bitmine Immersion (BMNR) vs. Gartner (IT): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Bitmine Immersion (BMNR) and Gartner (IT)
Metric	BMNR	IT
P/E Ratio (TTM)	--	13.62
P/S Ratio (TTM)	184.93	1.86
P/B Ratio (MRQ)	0.94	-348.81
Free Cash Flow Yield (TTM)	-4.58%	8.90%