Saturday 17 October 2026
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Bullfrog AI Holdings Inc.
BFRG Healthcare Health Information Services
Bullfrog AI Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $116,700.00, up 79.5% from fiscal 2023. In the quarter to June 2026, revenue grew 2,054.0%, EPS grew 53.3%, free cash flow fell 5.67% and total debt fell 45.1%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.
0.51
0.03
−5.56%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | — | 2.36 | 1.43 | 0.80 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | — | — | 9.50 | 8.35 | 4.84 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | 2 | 11 | 11 | 17 | 17 | ||||
| Revenue/emp, $m | — | — | — | — | — | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 0 | 0 | — | 0 | ||||
| Gross margin, % | — | — | — | — | — | — | 92.00 | 92.00 | — | 18.77 | |||||
| EBT | — | — | — | — | 0 | (1) | (3) | (5) | (7) | (6) | |||||
| EBT margin, % | — | — | — | — | 0.00 | 0.00 | (28,025.00) | (8,239.85) | 0.00 | (5,568.21) | |||||
| Net income | — | — | — | — | 0 | (1) | (3) | (5) | (7) | (6) | |||||
| Depreciation | — | — | — | — | — | 0 | 0 | 0 | 0 | 0 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | ||||
| Earnings | — | — | — | — | (0.06) | (0.14) | (0.70) | (0.89) | (0.85) | (0.63) | |||||
| Cash flow | — | — | — | — | (0.04) | (0.09) | (0.23) | (0.99) | (0.68) | (0.53) | |||||
| Capex | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Free cash flow | — | — | — | — | (0.04) | (0.09) | (0.23) | (0.99) | (0.68) | (0.53) | |||||
| Book value | — | — | — | — | (0.10) | (0.25) | (0.76) | 0.43 | 0.60 | 0.21 | |||||
| Shares, m | — | — | — | — | 6 | 4 | 4 | 6 | 8 | 10 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | 0.00 | 0.00 | — | 0.00 | ||||
| P/S | — | — | — | — | — | — | 0.00 | 0.00 | — | 47.45 | |||||
| P/B | — | — | — | — | — | — | 0.00 | 7.00 | — | 4.26 | |||||
| EV/Sales | — | — | — | — | — | — | 0.00 | 0.00 | — | 36.35 | |||||
| EV/FCF | — | — | — | — | — | — | (29.99) | (2.62) | — | (1.26) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | 0 | 0 | (1) | (6) | (6) | (6) | ||||
| Capex | — | — | — | — | — | — | 0 | — | — | — | |||||
| Free cash flow | — | — | — | — | 0 | 0 | (1) | (6) | (6) | (6) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | (1) | (1) | (3) | 3 | 5 | 2 | ||||
| Total debt | — | — | — | — | 0 | 1 | 2 | — | — | — | |||||
| Net debt | — | — | — | — | 0 | 1 | 2 | (3) | (5) | (2) | |||||
| Shareholders’ equity | — | — | — | — | (1) | (1) | (3) | 3 | 5 | 2 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | 0.00 | (7,758.94) | (6,200.22) | (374.93) | (169.03) | (155.45) | ||||
| ROIC | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| ROE | — | — | — | — | 0.00 | 75.61 | 137.83 | 2,302.62 | (186.31) | (183.05) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Bullfrog AI Holdings Inc. vs peers in Health Information Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| BEAT HeartBeam, Inc. | $24.3M | — (loss-making) | — | — | n/m | −1.24% (below 0%: shrinking) | — | 0.00% | Compare |
| RNLXY Renalytix plc - Sponsored ADR | $17.2M | — (loss-making) | — | +13.73% (above 0%: growing) | n/m | +17.96% (above 0%: growing) | 19.16% | (783.91%) | Compare |
| BFRG Bullfrog AI Holdings Inc. | $9.9M | — (loss-making) | — | +2,054.00% (above 0%: growing) | n/m | −5.67% (below 0%: shrinking) | 49.63% | (658.82%) | |
| ETAOF ETAO International Co., Ltd. | $9.8M | — (loss-making) | — | — | n/m | +37,595.70% (above 0%: growing) | — | 0.00% | Compare |
| HCTI Healthcare Triangle, Inc. | $7.4M | 0.0× | — (loss-making) | +158.38% (above 0%: growing) | n/m | +67.48% (above 0%: growing) | 22.48% | (44.28%) | Compare |
| MGRX Mangoceuticals, Inc. | $7.1M | — (loss-making) | — | −59.07% (below 0%: shrinking) | n/m | +79.27% (above 0%: growing) | 64.24% | (1,501.45%) | Compare |
| HLTHQ Cue Health Inc. | $6.9M | — (loss-making) | — (loss-making) | −87.19% (below 0%: shrinking) | n/m | +50.55% (above 0%: growing) | (90.14%) | (792.13%) | Compare |
| ZCMD Zhongchao Inc. | $6.2M | — (loss-making) | — | +20.44% (above 0%: growing) | −550.00% (below 0%: shrinking) | +191.85% (above 0%: growing) | 41.67% | 0.00% | Compare |
| ACON Aclarion, Inc. | $5.6M | — (loss-making) | — (loss-making) | +30.57% (above 0%: growing) | n/m | −41.41% (below 0%: shrinking) | 32.94% | (11,506.75%) | Compare |
| Median of peers | $7.3M | — | — | +17.09% | — | +59.02% | 27.71% | (414.09%) |
Bullfrog AI Holdings Inc. (BFRG) key facts
- Concern: Bullfrog AI Holdings Inc. reported a net loss of $6.5 million, or a loss of $0.63 per share, for fiscal 2025.
- Strength: Bullfrog AI Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $116,700.00, up 79.5% from fiscal 2023.
- Bullfrog AI Holdings Inc. (BFRG) is a Health Information Services company in the Healthcare sector, listed on Nasdaq.
- As of October 16, 2026, BFRG traded at $0.51, a market capitalization of $9.9 million.
- Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 24.2× sales.
- Return on equity was −183.1% and debt-to-equity 0.01.
- Its Altman Z-score is −10.35 (distress zone) for fiscal 2025.
Bullfrog AI Holdings Inc. (BFRG) Latest News
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