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JFrog Ltd

FROG

$74.62 ▼ -11.67 (-13.53%) at close

9 Visible periods

29 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

JFrog Ltd faces fundamental challenges with weakness in Profit Margin (%) and Operating Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $8.7B

Dividend Yield —

Revenue Growth 24.1% ↗

Op. Margin -17.3% ↗

ROIC -11.3% ↗

FCF / Share $1.22 ↗

Trailing P/E —

Price / Book 10.1x

FCF Yield 1.6%

Debt / Equity —

info Valuation on last close. End-of-day price, Nov 5, 2026.

9-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$531.84M

↑ +24.1% —

Net Income Profit after all expenses

$-71.82M

↓ -3.7% —

Operating Margin Operating profit as % of sales

-17.3%

↑ +18.8% 11th

FCF / Share Free cash flow per share

$1.22

↑ +24.6% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↑

Returns ↑

Cash Quality ↓

Dividend History

Dividend / share · sourced from SEC filings

$0.00 Latest / share

FY 2017

FY 2018

FY 2019

$0.00

FY 2020

FY 2021

$0.00

FY 2022

$0.00

FY 2023

$0.00

FY 2024

$0.00

FY 2025

Financial view

Statement lens

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Revenue Growth YoY (%)	24.1% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+101%)	22.5% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+87%)	24.9% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+108%)	35.5% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+196%)	37.0% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+209%)	44.0% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+267%)	64.8% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+440%)	—	—
EPS Growth YoY (%)	1.6% Caution ↑ Caution Improving Year-over-year change in earnings per share Optimal: > 10%	-6.8% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	35.2% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-33.8% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—
Net Income Growth YoY (%)	-3.7% Weak ↑ Weak Improving Year-over-year change in net income	-13.0% Weak ↑ Weak Improving Year-over-year change in net income	32.1% Excellent ↑ Excellent Improving Year-over-year change in net income	-40.5% Weak ↑ Weak Improving Year-over-year change in net income	-582.6% Weak ↓ Weak Declining Year-over-year change in net income	-74.4% Weak Weak Year-over-year change in net income	79.3% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%)	24.6% Good ↓ Good Declining Year-over-year change in free cash flow	40.7% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	305.5% Excellent Excellent Year-over-year change in free cash flow	-31.0% Weak Weak Year-over-year change in free cash flow	—	—	—	—	—
Revenue CAGR 3Y (%)	23.8% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	27.5% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	32.4% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	38.8% Excellent Excellent Compound annual revenue growth over 3 years	48.2% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	28.7% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	32.6% Excellent Excellent Compound annual revenue growth over 5 years	40.7% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Operating Margin (%) (%)	-17.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-186%)	-21.3% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-206%)	-21.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-208%)	-32.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-260%)	-33.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-265%)	-9.4% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-147%)	-6.6% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-133%)	-42.3% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-311%)	—
Effective Tax Rate (%) (%)	-8.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-5.2% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-12.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-6.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	5.1% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	22.6% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-43.2% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-1.8% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	-13.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-190%)	-16.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-208%)	-17.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-217%)	-32.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-315%)	-31.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-307%)	-6.2% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-142%)	-5.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-134%)	-40.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-373%)	—
FCF Margin (%) (%)	26.8% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	25.2% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	20.6% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	6.1% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	11.5% Fair → Fair Stable Free cash flow as a percentage of revenue Optimal: > 10%	17.2% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	7.8% Caution Caution Free cash flow as a percentage of revenue Optimal: > 10%	10.2% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	-1.98x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.56x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.18x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.19x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.37x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-2.76x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.52x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-0.25x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Return on Invested Capital (%)	-11.3% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-12.4% Weak → Weak Stable Return earned on debt + equity capital invested Optimal: > 10%	-12.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-15.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-10.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-2.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	29.7% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	70.7% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-6.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-8.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-7.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-10.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-8.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-2.1% Weak Weak Operating profit relative to total assets Optimal: > 10%	-2.9% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-8.1% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-144%)	-9.0% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-148%)	-9.0% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-149%)	-14.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-178%)	-10.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-154%)	-1.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-109%)	16.1% Good Good Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-13%)	67.3% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+264%)	—

⚖️ Is the balance sheet risky? 1 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Net Debt (USD)	$-75.84M	$-49.87M	$-84.77M	$-45.59M	$-68.28M	$-164.46M	$-39.15M	$-177.88M	—

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Revenue per Share (USD)	$4.58	$3.91	$3.39	$2.82	$2.18	—	—	—	—
Basic EPS, GAAP (USD)	$-0.62	$-0.63	$-0.59	$-0.91	$-0.68	—	—	—	—
Free Cash Flow per Share (USD)	$1.22	$0.98	$0.70	$0.17	$0.25	—	—	—	—
Dividend per Share (USD)	$0.00	$0.00	$0.00	$0.00	—	$0.00	—	—	—
Book Value per Share (USD)	$7.42	$6.86	$6.40	$6.19	$6.56	$6.01	$-1.20	—	—
Tangible Book Value per Share (USD)	$3.98	$3.03	$3.82	$3.36	$3.52	$5.78	$-2.02	—	—
Basic Weighted Avg Shares (shares)	116.20M	109.69M	103.32M	99.24M	94.78M	—	—	—	—
Dividend Payout Ratio (%)	0.0% Excellent → Excellent Stable Dividends paid as a percentage of earnings Optimal: 30-60%	0.0% Excellent → Excellent Stable Dividends paid as a percentage of earnings Optimal: 30-60%	0.0% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	0.0% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Working Capital (USD)	$465.49M	$331.71M	$383.63M	$322.45M	$323.76M	$529.86M	$112.93M	—	—
Total Equity (USD)	$887.45M	$773.53M	$679.12M	$624.77M	$638.58M	$553.89M	$-33.43M	$-38.68M	$-38.02M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Sales/Revenue/Turnover (USD)	$531.84M	$428.49M	$349.89M	$280.04M	$206.68M	$150.83M	$104.72M	$63.53M	—
Depreciation Expense (USD)	$24.50M	$21.46M	$15.30M	$14.65M	$8.75M	$3.66M	$2.81M	$1.12M	—
Net Income, GAAP (USD)	$-71.82M	$-69.24M	$-61.26M	$-90.18M	$-64.20M	$-9.40M	$-5.39M	$-26.02M	—
Operating Cash Flow (USD)	$145.73M	$110.92M	$74.16M	$21.43M	$27.90M	$29.46M	$10.00M	$8.56M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 4 days ago 9 years · 31 quarters

JFrog Ltd

Analytical Summary

9-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Dividend History

Statement lens

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Peer Comparison

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