JFrog Ltd (FROG)
JFrog Ltd. provides software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage software packages; JFrog Curation functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, from open source or public repositories; JFrog Xray, scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Runtime Security, an optional add-on for select JFrog subscriptions to work with other JFrog Security solutions. It also provides JFrog ML, a platform-integrated solution designed for data science and MLOps teams to transform and store data, build, train, and deploy models, and monitor the entire Machine Learning pipeline; JFrog AI Catalog, an extension of JFrog Curation functionality that allows companies to secure, govern, consume and deploy AI technologies; JFrog AppTrust, an optional component with application risk governance of DevGovOps requirements; JFrog Distribution that provides software package distribution; and JFrog Connect, a device management solution that allows companies to manage software updates and monitor performance in IoT device fleets. In addition, the company offers JFrog Pro that provides access to the universal version of JFrog Artifactory and ongoing updates, upgrades, and bug fixes; JFrog Pro X, a self-managed-only subscription; JFrog Enterprise X, offers cluster configuration, federated repositories, multi-region replication, larger enterprise-scale deployments, service-level agreement support, and deeper security; and JFrog Enterprise Plus, a full platform subscription option. It serves technology, financial services, retail, healthcare, and telecommunications organizations. JFrog Ltd. was incorporated in 2008 and is headquartered in Sunnyvale, California with additional office in Netanya, Israel.
- Symbol
- FROG
- Exchange
- Nasdaq
- Sector
- Technology
- Industry
- Software - Application
- Market cap
- $11.36B
- 52 week range
- 34.05 - 105.76
Valuation
- Share price
- $92.33 (close of 2026-09-23)
- P/E (TTM)
- -249.54x
- Price to book
- 11.83x
- Price to free cash flow
- 66.95x
- Enterprise value
- $10.55B
- Book value per share
- $7.81
Price performance
| Period | Change |
|---|
| 1 day | +0.36% |
| 5 days | -2.61% |
| 1 month | +0.22% |
| 3 months | +17.30% |
| 6 months | +116.53% |
| Year to date | +47.82% |
| 1 year | +83.92% |
| 3 years | +255.12% |
| 5 years | +156.40% |
| All time | +42.51% |
Profitability and growth
- Return on equity
- -8.09%
- Return on invested capital
- -46.99%
- Return on assets
- -5.35%
- Return on capital employed
- -9.84%
- Gross margin
- 76.79%
- Net margin
- -13.50%
- EBITDA margin
- -12.66%
- Revenue growth
- 24.12%
- Net income growth
- -3.73%
- Free cash flow growth
- 32.00%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 1.49%
- Current ratio
- 2.14x
- Net debt to EBITDA
- 18.27x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $531.84M
- Cost of revenue
- $123.45M
- Gross profit
- $408.39M
- EBITDA
- $-67.35M
- Net income
- $-71.82M
- Earnings per share
- $-0.62
- Research and development
- $195.09M
- Shares outstanding
- 116.20M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $531.84M | $408.39M | $-71.82M | $-0.62 |
| 2024-12-31 | $428.49M | $330.19M | $-69.24M | $-0.63 |
| 2023-12-31 | $349.89M | $272.84M | $-61.26M | $-0.59 |
| 2022-12-31 | $280.04M | $217.75M | $-90.18M | $-0.91 |
| 2021-12-31 | $206.68M | $164.86M | $-64.20M | $-0.68 |
| 2020-12-31 | $150.83M | $122.38M | $-9.40M | $-0.20 |
| 2019-12-31 | $104.72M | $84.68M | $-5.39M | $-0.20 |
| 2018-12-31 | $63.53M | $52.82M | $-26.02M | $-1.00 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 76.79% | -13.50% | -8.09% | -46.99% |
| 2024-12-31 | 77.06% | -16.16% | -8.95% | -34.31% |
| 2023-12-31 | 77.98% | -17.51% | -9.02% | -48.32% |
| 2022-12-31 | 77.76% | -32.20% | -14.43% | -43.71% |
| 2021-12-31 | 79.76% | -31.06% | -10.05% | -26.53% |
| 2020-12-31 | 81.14% | -6.24% | -1.70% | - |
| 2019-12-31 | 80.87% | -5.15% | 16.13% | - |
| 2018-12-31 | 83.14% | -40.95% | 67.26% | - |
Cash and debt by year
| Period end | Cash |
|---|
| 2025-12-31 | $704.41M |
| 2024-12-31 | $522.01M |
| 2023-12-31 | $545.01M |
| 2022-12-31 | $443.20M |
| 2021-12-31 | $421.13M |
| 2020-12-31 | $598.06M |
| 2019-12-31 | $166.48M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $142.27M | $156.66M |
| 2024-12-31 | $107.78M | $131.11M |
| 2023-12-31 | $72.17M | $95.17M |
| 2022-12-31 | $17.10M | $68.66M |
| 2021-12-31 | $23.67M | $56.95M |
| 2020-12-31 | $25.94M | $23.85M |
| 2019-12-31 | $8.20M | $9.37M |
| 2018-12-31 | $6.49M | $20.17M |
Investor relations
Next earnings report
- Next confirmed report
- 2026-11-05
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-06 | Jun/2026 | - |
| 2026-05-07 | - | - |
| 2026-02-12 | - | - |
| 2025-11-06 | - | - |
| 2025-08-07 | - | - |
| 2025-05-08 | - | - |
| 2025-02-13 | - | - |
| 2024-11-07 | - | - |
Filings and sources
- Company website
- jfrog.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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