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) Operating margin

Alert me on Operating margin

JFrog Ltd.'s operating margin over the twelve months to 30 June 2026 was −11.5%, up 5.8 percentage points from fiscal 2025 (−17.3%). Over the past ten years it has ranged from −42.3% (fiscal 2018) to −6.62% (fiscal 2019); the current reading is higher than 75% of that period. That is below the Software Application industry median of 0.00% and below the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −17.3% 3.99
FY2024 −21.3% 0.33
FY2023 −21.6% 10.49
FY2022 −32.1% 1.00
FY2021 −33.1% (23.67)
FY2020 −9.41% (2.79)
FY2019 −6.62% 35.65
FY2018 −42.3% —

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 −8.09% 0.31
Mar 2026 −8.40% 6.27
Dec 2025 −14.7% 1.10
Sep 2025 −15.8% 4.64
24 more quarters

Against its own ten years

Low −42.3% High −6.62%
Ten-year median −21.4%
Current reading's percentile 92

Operating margin against peers

Company Operating margin
PAYC Paycom Software, Inc. compare 33.4%
PCTY Paylocity Holding Corporation compare 21.8%
HUBS HubSpot, Inc. compare 5.34%
CHYM Chime Financial, Inc. compare 1.83%
ESTC Elastic N.V. compare −2.64%
PCOR Procore Technologies, Inc. compare −4.13%
FROG JFrog Ltd. −11.5%
FIG Figma, Inc. compare −40.7%
QNT Quantinuum Inc. compare —
Software Application industry median 0.00%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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