Sunday 11 October 2026 Export all FROG data to Excel Powerpack

JFrog Ltd.

JFrog Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $531.8 million, up 24.1% from fiscal 2024. In the quarter to June 2026, revenue grew 28.7%, EPS grew 84.2% and free cash flow grew 51.6%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.

102.23 4.98 +5.12%

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Market cap: $12.0B
P/E: 0.0×
Fwd P/E: −162×
Dividend yield: —
F-score: 6/9
Altman Z: 9.73
Beneish M: −3.06
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 405.30

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	4	15	4	3	11	3	8	11	7	5	8	2

Insider Ownership 10.00%

Capital & Financial Ratios $m

Market Cap 11,990.00

Revenue 599.96

Net Income (44.07)

Free Cash Flow 169.70

Net Debt (824.49)

Current Ratio 2.14

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E (162.00)

P/S ratio 20.76

P/B ratio 12.96

Past 5Y EPS Growth —

This Y EPS Growth 19.52%

Next Y EPS Growth 16.81%

Next Y revenue growth 22.35%

Next 5Y EPS Growth 20.47%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 93.18%

10-year low 10-year high

P/B against its own 10 years 99.93%

10-year low 10-year high

EV/Sales against its own 10 years 95.08%

10-year low 10-year high

EV/FCF against its own 10 years 56.36%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	545	522	704	824
Receivables	76	91	120	136
Inventory	—	—	—	—
Other	—	—	—	—
	646	649	873	1,018

	2023	2024	2025	Q'26
Payables	17	11	14	8
ST’ Debt	—	—	—	—
Other	—	—	—	—
	262	318	408	477

Compound Annual Growth %

	10y	5y	3y
Sales	—	28.66%	23.84%
Cash Flow	—	37.68%	89.47%
Earnings	—	0.00%	0.00%
Book Value	—	9.89%	12.41%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	154	164	—	—	—
’25	122	127	137	145	532
’24	100	103	109	116	428
’23	80	84	89	97	350
’22	64	68	72	77	280
’21	45	49	54	59	207
’20	33	36	39	43	151

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	38	57	—	—	—
’25	29	36	30	51	146
’24	17	17	28	49	111
’23	(1)	17	26	33	74
’22	5	4	5	7	21
’21	9	19	(18)	18	28
’20	(1)	7	11	13	29

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	37	54	—	—	—
’25	28	35	29	50	142
’24	17	16	27	48	108
’23	(1)	16	25	32	72
’22	4	3	4	6	17
’21	8	17	(19)	17	23
’20	(2)	7	10	12	26

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.07)	(0.03)	—	—	—
’25	(0.16)	(0.19)	(0.14)	(0.13)	(0.62)
’24	(0.08)	(0.13)	(0.21)	(0.21)	(0.63)
’23	(0.21)	(0.15)	(0.13)	(0.11)	(0.59)
’22	(0.20)	(0.24)	(0.24)	(0.23)	(0.91)
’21	(0.09)	(0.14)	(0.21)	(0.23)	(0.68)
’20	(0.08)	0.04	(0.14)	(0.04)	(0.20)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	57.14	27.65	16.36	17.11	22.91	27.00	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	95.20	71.78	31.48	35.35	48.81	70.43
People
People	Employees	—	—	—	590	700	1,000	1,300	1,400	1,600	1,800
	Revenue/emp, $m	—	—	0.00	0.18	0.22	0.21	0.22	0.25	0.27	0.30
Income, $m
Income, $m	Revenue	—	—	64	105	151	207	280	350	428	532
	Gross margin, %	—	—	83.14	80.87	81.14	79.76	77.76	77.98	77.06	76.79
	EBT	—	—	(26)	(4)	(12)	(68)	(85)	(55)	(66)	(66)
	EBT margin, %	—	—	(40.21)	(3.60)	(8.05)	(32.72)	(30.26)	(15.58)	(15.36)	(12.42)
	Net income	—	0	(26)	(5)	(9)	(64)	(90)	(61)	(69)	(72)
	Depreciation	—	—	1	2	6	14	17	9	15	19
Per share, $
Per share, $	Revenue	—	—	2.43	3.86	3.24	2.18	2.82	3.39	3.91	4.58
	Earnings	—	—	(1.00)	(0.20)	(0.20)	(0.68)	(0.91)	(0.59)	(0.63)	(0.62)
	Cash flow	—	—	0.33	0.37	0.63	0.29	0.22	0.72	1.01	1.25
	Capex	—	—	(0.12)	(0.07)	(0.08)	(0.05)	(0.05)	(0.02)	(0.03)	(0.03)
	Free cash flow	—	—	0.21	0.30	0.56	0.24	0.17	0.70	0.98	1.22
	Book value	—	—	0.00	5.25	11.91	6.74	6.30	6.57	7.05	7.64
	Shares, m	—	—	26	27	46	95	99	103	110	116
Valuation, ×
Valuation, ×	P/E	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	14.36	14.36	19.37	13.62	7.80	9.90	7.53	13.65
	P/B	—	—	0.00	0.00	5.27	4.41	3.50	5.10	4.17	8.18
	EV/Sales	—	—	13.03	13.03	15.40	11.58	6.22	8.34	6.31	12.32
	EV/FCF	—	—	132.61	132.61	89.56	101.12	103.66	40.60	25.16	46.16
Cash, $m
Cash, $m	Operating cash flow	—	—	9	10	29	28	21	74	111	146
	Capex	—	—	(3)	(2)	(4)	(5)	(5)	(2)	(3)	(3)
	Free cash flow	—	—	5	8	26	23	17	72	108	142
Balance, $m
Balance, $m	Working capital	—	—	139	113	530	324	322	384	332	465
	Total debt	—	—	—	—	—	27	24	—	—	—
	Net debt	—	—	(178)	(166)	(598)	(421)	(443)	(545)	(522)	(704)
	Shareholders’ equity	—	—	—	142	554	639	625	679	774	887
Returns, %
Returns, %	ROA	—	—	0.00	(4.53)	(2.03)	(8.33)	(10.46)	(6.64)	(6.59)	(5.81)
	ROIC	—	—	0.00	0.00	0.00	(19.65)	(30.92)	(35.21)	(22.64)	(31.36)
	ROE	—	—	72.15	14.96	(3.61)	(10.77)	(14.28)	(9.40)	(9.53)	(8.65)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
TYL Tyler Technologies, Inc.	$13.6B	43.2×	37.8×	+8.22% (above 0%: growing)	+14.80% (above 0%: growing)	+34.72% (above 0%: growing)	47.60%	14.74%	Compare
GWRE Guidewire Software, Inc.	$13.5B	101×	64.1×	+15.29% (above 0%: growing)	−38.71% (below 0%: shrinking)	+16.42% (above 0%: growing)	65.60%	15.16%	Compare
DOCU Docusign Inc.	$13.4B	42.6×	27.4×	+9.38% (above 0%: growing)	+32.26% (above 0%: growing)	+35.89% (above 0%: growing)	79.69%	13.43%	Compare
GRAB Grab Holdings Limited	$12.7B	22.8×	32.6×	+21.73% (above 0%: growing)	+500.00% (above 0%: growing)	−40.38% (below 0%: shrinking)	43.63%	1.91%	Compare
FIG Figma, Inc.	$12.1B	— (loss-making)	— (loss-making)	+48.25% (above 0%: growing)	n/m	−16.79% (below 0%: shrinking)	83.66%	(31.69%)	Compare
MANH Manhattan Associates, Inc.	$12.1B	58.0×	40.5×	+9.31% (above 0%: growing)	−8.51% (below 0%: shrinking)	+27.98% (above 0%: growing)	56.53%	22.24%	Compare
FROG JFrog Ltd.	$12.0B	— (loss-making)	— (loss-making)	+28.73% (above 0%: growing)	n/m	+51.58% (above 0%: growing)	77.93%	(8.09%)
HUBS HubSpot, Inc.	$11.6B	80.7×	56.8×	+19.83% (above 0%: growing)	n/m	+44.84% (above 0%: growing)	82.35%	4.75%	Compare
CHYM Chime Financial, Inc.	$11.0B	— (loss-making)	54.6×	+26.81% (above 0%: growing)	n/m	+749.07% (above 0%: growing)	88.82%	3.18%	Compare
Median of peers	$12.4B	50.6×	40.5×	+17.56%	+14.80%	+31.35%	72.65%	9.09%

All 237 Software Application stocks →

JFrog Ltd. (FROG) key facts

Concern: JFrog Ltd. reported a net loss of $71.8 million, or a loss of $0.62 per share, for fiscal 2025.
Strength: JFrog Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $531.8 million, up 24.1% from fiscal 2024.
JFrog Ltd. (FROG) is a Software Application company in the Technology sector, listed on Nasdaq.
As of October 9, 2026, FROG traded at $102.23, a market capitalization of $12.0 billion.
Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 20.8× sales.
Return on equity was −8.65% and debt-to-equity 0.00.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 9.73 (safe zone) for fiscal 2025.