JFrog Ltd.

FROG Technology Software Application

JFrog Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $531.8 million, up 24.1% from fiscal 2024.

Revenue
+28.7%
EPS
+84.2%
Free cash flow
+51.6%

Quarter to June 2026, against a year earlier

74.71 11.63 −13.47%
Market cap
$9.2B
P/E
0.0×
Fwd P/E
−261×
Dividend yield
—
F-score
6/9
Altman Z
9.73
Beneish M
−3.06
Dividend safety
n/a

JFrog Ltd. (FROG) Free cash flow margin

Alert me on Free cash flow margin

JFrog Ltd.'s free cash flow margin over the twelve months to 30 June 2026 was 28.3%, up 1.5 percentage points from fiscal 2025 (26.8%). Over the past ten years it has ranged from 6.00% (fiscal 2022) to 26.8% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Application industry median of 5.77% and above the Technology sector median of 0.67%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 26.8% 1.60
FY2024 25.2% 4.52
FY2023 20.6% 14.63
FY2022 6.00% (5.16)
FY2021 11.2% (6.04)
FY2020 17.2% 9.37
FY2019 7.83% (0.81)
FY2018 8.64% —

Against its own ten years

Low 6.00% High 26.8%
Ten-year median 14.2%
Current reading's percentile 100

Free cash flow margin against peers

Company Free cash flow margin
PAYC Paycom Software, Inc. compare 30.1%
FROG JFrog Ltd. 28.3%
PCOR Procore Technologies, Inc. compare 25.3%
PCTY Paylocity Holding Corporation compare 24.2%
ESTC Elastic N.V. compare 19.4%
HUBS HubSpot, Inc. compare 18.9%
CHYM Chime Financial, Inc. compare 17.2%
FIG Figma, Inc. compare 15.9%
QNT Quantinuum Inc. compare —
Software Application industry median 5.77%
Technology sector median 0.67%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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