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JFrog Ltd.

FROG

NASDAQTechnologySoftware - Application

Previous close

$92.13

+$2.41 · +2.69%

Aug 21, 4:00 PM ET

FROG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

75

Undervalued

Momentum

73

Gaining

Sentiment

47

Mixed

Risk resilience

56

Elevated Risk

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Company profile

Company website

JFrog Ltd. delivers a comprehensive DevOps platform to businesses throughout the United States, providing a suite of tools designed to streamline software development and delivery. At the heart of their offerings is JFrog Artifactory, a flexible package repository that enables teams and enterprises to effectively store, update, and manage their software packages regardless of scale. Accompanying this is JFrog Pipelines, a robust continuous integration and continuous delivery (CI/CD) engine that automates and orchestrates the movement of software packages. For security and quality assurance, JFrog Xray integrates to scan the Artifactory repositories, while JFrog Distribution ensures high-performance software package deployment, especially for enterprise-grade needs. The company's portfolio extends to specialized solutions such as JFrog Artifactory Edge, which cleverly utilizes metadata from Artifactory to facilitate the efficient transfer of only incremental changes in software packages. JFrog Mission Control serves as a central dashboard, providing a holistic overview of an organization's entire software supply chain workflow. Analytics are powered by JFrog Insight, a dedicated DevOps intelligence tool, and JFrog Connect provides a powerful device management solution, allowing companies to remotely manage software updates and monitor the performance of their IoT device fleets across the globe. JFrog also offers various product tiers, including JFrog Pro, Pro Team, Pro X, Enterprise, Enterprise X, and Enterprise Plus. These different levels ensure continuous support with ongoing updates, upgrades, and bug fixes, along with advanced capabilities like cluster configuration, multi-site replication, and dedicated service level agreement (SLA) support. JFrog's clientele spans diverse sectors, including technology, financial services, retail, healthcare, and telecommunications. The company was founded in 2008 and is headquartered in Sunnyvale, California.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Shlomi Ben Haim
Listed since
Sep 16, 2020
Employees
1,800

Market position

Day range

Current $92.13

52-week range

Current $92.13

Open
$89.03
Previous close
$89.72
Volume
1.8M
0.65× average
Average volume
2.75M
Average daily volume
Market cap
11.16B USD
Beta
1.25
Market reference 1
50-day average
$86.2723
+6.79% above average
200-day average
$63.8265
+44.34% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-249.81×
P/B (TTM)
11.68×
P/S (TTM)
18.6×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
77.86%
Operating margin
-11.20%
Net margin
-7.35%

Financial health

Debt / equity
0.02×
Altman Z-score
13
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends91%46%1%-44%Gross margin, FY2021: 79.76%Gross margin, FY2022: 77.76%Gross margin, FY2023: 77.98%Gross margin, FY2024: 77.06%Gross margin, FY2025: 76.79%Operating margin, FY2021: -33.08%Operating margin, FY2022: -32.08%Operating margin, FY2023: -21.51%Operating margin, FY2024: -20.80%Operating margin, FY2025: -16.91%Net margin, FY2021: -31.06%Net margin, FY2022: -32.20%Net margin, FY2023: -17.51%Net margin, FY2024: -16.16%Net margin, FY2025: -13.50%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 79.76%. Gross margin FY2022 77.76%. Gross margin FY2023 77.98%. Gross margin FY2024 77.06%. Gross margin FY2025 76.79%. Operating margin FY2021 -33.08%. Operating margin FY2022 -32.08%. Operating margin FY2023 -21.51%. Operating margin FY2024 -20.80%. Operating margin FY2025 -16.91%. Net margin FY2021 -31.06%. Net margin FY2022 -32.20%. Net margin FY2023 -17.51%. Net margin FY2024 -16.16%. Net margin FY2025 -13.50%.

Income trends

Revenue

531.84M USD+24.12%

Operating income

−89.93M USD-0.89%

Net income

−71.82M USD-3.73%
Income trends across reported periods594.04M USD345.23M USD96.42M USD−152.39M USDRevenue, FY2021: 206.68M USDRevenue, FY2022: 280.04M USDRevenue, FY2023: 349.89M USDRevenue, FY2024: 428.49M USDRevenue, FY2025: 531.84M USDOperating income, FY2021: −68.37M USDOperating income, FY2022: −89.84M USDOperating income, FY2023: −75.26M USDOperating income, FY2024: −89.13M USDOperating income, FY2025: −89.93M USDNet income, FY2021: −64.2M USDNet income, FY2022: −90.18M USDNet income, FY2023: −61.26M USDNet income, FY2024: −69.24M USDNet income, FY2025: −71.82M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 206.68M USD. Revenue FY2022 280.04M USD. Revenue FY2023 349.89M USD. Revenue FY2024 428.49M USD. Revenue FY2025 531.84M USD. Operating income FY2021 −68.37M USD. Operating income FY2022 −89.84M USD. Operating income FY2023 −75.26M USD. Operating income FY2024 −89.13M USD. Operating income FY2025 −89.93M USD. Net income FY2021 −64.2M USD. Net income FY2022 −90.18M USD. Net income FY2023 −61.26M USD. Net income FY2024 −69.24M USD. Net income FY2025 −71.82M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue531.84M USD428.49M USD349.89M USD280.04M USD206.68M USD
Cost of goods sold123.45M USD98.3M USD77.04M USD62.29M USD41.82M USD
Gross profit408.39M USD330.19M USD272.84M USD217.75M USD164.86M USD
Research and development195.09M USD160.86M USD134.58M USD121.23M USD79.6M USD
Selling, general, and administrative300.42M USD255.18M USD212.09M USD186.37M USD153.63M USD
Operating expenses498.32M USD419.32M USD348.11M USD307.59M USD233.23M USD
Interest income25.82M USD25.28M USD21.03M USD5.09M USD744K USD
Depreciation and amortization24.5M USD21.46M USD15.3M USD14.66M USD8.75M USD
Operating income−89.93M USD−89.13M USD−75.26M USD−89.84M USD−68.37M USD
Net income−71.82M USD−69.24M USD−61.26M USD−90.18M USD−64.2M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+25.44%
11 comparable reports
Latest EPS result
0.27
Estimate 0.24 · Beat by 12.27%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.310.250.180.12Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 0.19, estimate 0.14, surprise +35.71%, Beat. Q2 2025, reported May 8, 2025: actual 0.2, estimate 0.16, surprise +25.00%, Beat. Q3 2025, reported Aug 7, 2025: actual 0.18, estimate 0.16, surprise +12.50%, Beat. Q4 2025, reported Nov 6, 2025: actual 0.22, estimate 0.164, surprise +34.39%, Beat. Q1 2026, reported Feb 12, 2026: actual 0.22, estimate 0.19, surprise +15.79%, Beat. Q2 2026, reported May 7, 2026: actual 0.27, estimate 0.213, surprise +26.58%, Beat. Q3 2026, reported Aug 6, 2026: actual 0.27, estimate 0.241, surprise +12.27%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 0.23, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates172.44M150.83M129.22M107.6MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 116.08M USD, estimate 114.24M USD, surprise +1.61%, Beat. Q2 2025, reported May 8, 2025: actual 122.41M USD, estimate 117.41M USD, surprise +4.26%, Beat. Q3 2025, reported Aug 7, 2025: actual 127.22M USD, estimate 128.15M USD, surprise -0.73%, Miss. Q4 2025, reported Nov 6, 2025: actual 136.91M USD, estimate 128.35M USD, surprise +6.67%, Beat. Q1 2026, reported Feb 12, 2026: actual 145.31M USD, estimate 138.09M USD, surprise +5.23%, Beat. Q2 2026, reported May 7, 2026: actual 153.98M USD, estimate 147.45M USD, surprise +4.43%, Beat. Q3 2026, reported Aug 6, 2026: actual 163.77M USD, estimate 155.63M USD, surprise +5.23%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 165.81M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

23 ratings
Strong buy00%
Buy2087%
Hold313%
Sell00%
Strong sell00%

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