Growth & profitability
- Revenue has grown 28.7% per year over the past 5 years.
- Operating margin has contracted, at -17.3% in the latest year.
- Free cash flow has grown 40.6% per year over the past 5 years.
FROG Financials Jfrog Ltd
8 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $532M | -$72M | 76.8% | -17.3% | $142M | — | $76M |
| 2024 | $428M | -$69M | 77.1% | -21.3% | $108M | — | $50M |
| 2023 | $350M | -$61M | 78.0% | -21.6% | $72M | — | $85M |
| 2022 | $280M | -$90M | 77.8% | -32.1% | $17M | — | $46M |
| 2021 | $207M | -$64M | 79.8% | -33.1% | $24M | — | $68M |
| 2020 | $151M | -$9M | 81.1% | -9.4% | $26M | — | $164M |
| 2019 | $105M | -$5M | 80.9% | -6.6% | $8M | — | $39M |
| 2018 | $64M | -$26M | 83.1% | -42.3% | $6M | — | $178M |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $154M | -$8M | 78.2% | -8.4% | $37M | — | $61M |
| Dec '25 | $145M | -$15M | 77.9% | -14.7% | $50M | — | $76M |
| Sep '25 | $137M | -$16M | 77.4% | -15.8% | $29M | — | $78M |
| Jun '25 | $127M | -$22M | 76.3% | -20.4% | $35M | — | $51M |
| Mar '25 | $122M | -$19M | 75.3% | -18.8% | $28M | — | $44M |
| Dec '24 | $116M | -$23M | 75.4% | -21.9% | $48M | — | $50M |
| Sep '24 | $109M | -$23M | 75.0% | -27.4% | $27M | — | $62M |
| Jun '24 | $103M | -$14M | 78.8% | -18.6% | $16M | — | $218M |
| Mar '24 | $100M | -$9M | 79.5% | -16.6% | $17M | — | $71M |
| Dec '23 | $97M | -$11M | 79.0% | -15.8% | $32M | — | $85M |
| Sep '23 | $89M | -$14M | 77.7% | -20.4% | $25M | — | $61M |
| Jun '23 | $84M | -$15M | 78.1% | -22.5% | $16M | — | $47M |
| Mar '23 | $80M | -$21M | 76.9% | -29.1% | -$1M | — | $40M |
| Dec '22 | $77M | -$23M | 77.4% | -32.5% | $6M | — | $46M |
| Sep '22 | $72M | -$24M | 77.9% | -32.6% | $4M | — | $54M |
| Jun '22 | $68M | -$24M | 77.5% | -33.0% | $3M | — | $55M |
| Mar '22 | $64M | -$20M | 78.2% | -30.0% | $4M | — | $60M |
| Dec '21 | $59M | -$23M | 78.3% | -38.2% | $17M | — | $68M |
| Sep '21 | $54M | -$20M | 78.7% | -38.9% | -$19M | — | $85M |
| Jun '21 | $49M | -$13M | 81.4% | -29.2% | $18M | — | $259M |
Valuation over time
How the market has priced FROG against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-sales ratio has risen from 8.5× (Mar '23) to 17.9× (Jun '26).
P/S
Frequently asked questions
Is FROG growing its revenue and profit?
Over the past 5 years, Jfrog Ltd's revenue has grown 28.7% per year. These are computed facts, not advice.
How much debt does FROG have?
As of FY2025, Jfrog Ltd reported — of total debt against $76M of cash.
What is FROG's profit margin?
In FY2025, gross margin was 76.8%, operating margin -17.3%, and net margin -13.5%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.