Software supply chain platform company providing artifact management, DevOps automation, security scanning, and release lifecycle tools.
Profile & Fundamentals
JFrog: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
JFrog Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
JFrog Ltd. provides software supply chain platform in the United States, Israel, India, and internationally. The company offers JFrog Artifactory, a package repository that allows teams and organizations to store, update, and manage software packages; JFrog Curation functions as a guardian outside the software development pipeline, controlling the admission of packages into an organization, from open source or public repositories; JFrog Xray, scans JFrog Artifactory to secure all software packages; JFrog Advanced Security, an optional add-on for select JFrog subscriptions; and JFrog Runtime Security, an optional add-on for select JFrog subscriptions to work with other JFrog Security solutions. It also provides JFrog ML, a platform-integrated solution designed for data science and MLOps teams to transform and store data, build, train, and deploy models, and monitor the entire Machine Learning pipeline; JFrog AI Catalog, an extension of JFrog Curation functionality that allows companies to secure, govern, consume and deploy AI technologies; JFrog AppTrust, an optional component with application risk governance of DevGovOps requirements; JFrog Distribution that provides software package distribution; and JFrog Connect, a device management solution that allows companies to manage software updates and monitor performance in IoT device fleets. In addition, the company offers JFrog Pro that provides access to the universal version of JFrog Artifactory and ongoing updates, upgrades, and bug fixes; JFrog Pro X, a self-managed-only subscription; JFrog Enterprise X, offers cluster configuration, federated repositories, multi-region replication, larger enterprise-scale deployments, service-level agreement support, and deeper security; and JFrog Enterprise Plus, a full platform subscription option. It serves technology, financial services, retail, healthcare, and telecommunications organizations. JFrog Ltd. was incorporated in 2008 and is headquartered in Sunnyvale, California with additional office in Netanya, Israel.
Company profile record
Jfrog Ltd
Common Stock · Information Technology · Systems Software
Company
- Company / asset
- Jfrog Ltd
- Security type
- Common Stock
- Sector
- Information Technology
- Industry
- Systems Software
- HQ
- 🇺🇸 United States
- Head office
- 270 East Caribbean Drive, Sunnyvale, CA, United States, 94089
Leadership & scale
- Chief executive
- Mr. Shlomi Ben Haim
- CEO year born
- 1970
- Full-time employees
- 1.8K
- Fiscal year end
- December
- IPO date
- 2020-09-16
Fundamentals snapshot
- Market Cap
- USD 12.0B
- P/E
- --
- Revenue (Q2 26)
- USD 163.8M
- Profit (Q2 26)
- USD -4.2M
- Dividend Yield
- --
- Revenue (FY 25)
- USD 531.8M
- Shares in public float
- 110.4M
- Insider ownership
- 10.03%
Reporting & identifiers
- Symbol
- FROG.NASDAQ
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- IL0011684185
- Asset ID
- equity_d2392226-825a-538b-a80b-e76d223ad92c
Ownership
Shares Outstanding
Latest: 121.8M | Max: 121.8M | Min: 80.3M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
90.59%
110.4M latest reported shares
Insider Ownership
10.03%
Latest reported insider stake
Short Float
0.07%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2018-01-01 | 80,310,700 |
| 2019-01-01 | 80,310,700 |
| 2020-01-01 | 91,547,000 |
| 2021-01-01 | 97,022,000 |
| 2022-01-01 | 100,486,000 |
| 2023-01-01 | 105,310,000 |
| 2024-01-01 | 111,985,000 |
| 2025-01-01 | 118,773,000 |
| 2026-01-01 | 121,816,000 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| Vanguard Portfolio Management, LLC | 6,145,025 | 4.98% | 2026-03-31 |
| Optimus Prime Fund Management Co., Ltd. | 4,700,931 | 3.81% | 2026-03-31 |
| Whale Rock Capital Management LLC | 4,458,423 | 3.62% | 2026-06-30 |
| BNP Paribas Investment Partners SA | 4,407,346 | 3.57% | 2026-03-31 |
| First Trust Advisors L.P. | 3,732,370 | 3.03% | 2026-06-30 |
| First Trust NASDAQ Cybersecurity ETF | 3,480,104 | 2.82% | 2026-08-31 |
| Vanguard Capital Management, LLC | 3,380,955 | 2.74% | 2026-03-31 |
| Vanguard MStar Total Stk Mkt Idx Invest | 3,271,062 | 2.65% | 2026-08-31 |
| JPMorgan Chase & Co | 3,126,480 | 2.54% | 2026-03-31 |
| Wasatch Advisors LP | 2,871,348 | 2.33% | 2026-06-30 |
| iShares Russell 2000 ETF | 2,787,599 | 2.26% | 2026-08-31 |
| Bank of America Corp | 2,517,899 | 2.04% | 2026-03-31 |
| Vanguard Small Cap Index | 2,368,996 | 1.92% | 2026-08-31 |
| Fiera Capital Corporation | 2,326,298 | 1.89% | 2026-03-31 |
| FMR Inc | 2,235,961 | 1.81% | 2026-03-31 |
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The company's headline revenue tells an encouraging story of rapid business expansion. Revenue reached $600 million over the trailing twelve months, propelled by strong customer demand for cloud services and security tools. More importantly, quarterly GAAP net losses narrowed dramatically from over $21 million to approximately $4 million by mid-2026, demonstrating that the business is approaching operational breakeven as scale increases. However, the cash picture reveals an important caveat. While trailing free cash flow reached a healthy $170 million, this cash generation is largely assisted by heavy employee stock compensation. Because equity grants replace cash payroll, reported cash flows overstate true owner profitability. Sustainable financial health will ultimately depend on translating accounting adjustments into genuine per-share earnings.
The company's headline revenue tells an encouraging story of rapid business expansion. Revenue reached $600 million over the trailing twelve months, propelled by strong customer demand for cloud services and security tools. More importantly, quarterly GAAP net losses narrowed dramatically from over $21 million to approximately $4 million by mid-2026, demonstrating that the business is approaching operational breakeven as scale increases. However, the cash picture reveals an important caveat. While trailing free cash flow reached a healthy $170 million, this cash generation is largely assisted by heavy employee stock compensation. Because equity grants replace cash payroll, reported cash flows overstate true owner profitability. Sustainable financial health will ultimately depend on translating accounting adjustments into genuine per-share earnings.
Revenue, Net Income, and Free Cash Flow
Latest: USD 531.8M | Max: USD 531.8M | Min: USD -90.2M
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: --
No history available.
Profitability & Margins
Margins and Operating Efficiency
AI Review
The company demonstrates formidable underlying pricing power, maintaining gross margins near 77% despite the cost of delivering services across multiple public clouds. Customers willingly pay a premium for mission-critical software storage and security inspection, confirming that the core platform is not easily displaced by cheaper tools. Operating margins present a more nuanced picture, climbing steadily from steep historical deficits toward the verge of GAAP profitability. Strong operating leverage is beginning to absorb overhead costs as subscription scale expands. However, true long-term profitability will require management to demonstrate that expanding gross profits can comfortably absorb employee stock compensation without eroding per-share value.
The company demonstrates formidable underlying pricing power, maintaining gross margins near 77% despite the cost of delivering services across multiple public clouds. Customers willingly pay a premium for mission-critical software storage and security inspection, confirming that the core platform is not easily displaced by cheaper tools. Operating margins present a more nuanced picture, climbing steadily from steep historical deficits toward the verge of GAAP profitability. Strong operating leverage is beginning to absorb overhead costs as subscription scale expands. However, true long-term profitability will require management to demonstrate that expanding gross profits can comfortably absorb employee stock compensation without eroding per-share value.
Profitability Margins
Latest: 76.8% | Max: 83.1% | Min: -42.3%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
76.8%
Gross profit / revenue
Operating Margin
-16.9%
Operating income / revenue
Net Margin
-13.5%
Net income / revenue
FCF Margin
26.8%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2018-12-31 | 63,532,000 | -26,015,000 | 5,487,000 |
| 2019-12-31 | 104,716,000 | -5,394,000 | 8,201,000 |
| 2020-12-31 | 150,827,000 | -9,405,000 | 25,936,000 |
| 2021-12-31 | 206,683,000 | -64,203,000 | 23,674,000 |
| 2022-12-31 | 280,040,000 | -90,184,000 | 16,797,000 |
| 2023-12-31 | 349,886,000 | -61,256,000 | 72,173,000 |
| 2024-12-31 | 428,488,000 | -69,236,000 | 107,781,000 |
| 2025-12-31 | 531,840,000 | -71,819,000 | 142,269,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
No reported records are available in this preview.
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2018-12-31 | 83.14 | -42.27 | -40.95 | 8.64 |
| 2019-12-31 | 80.87 | -6.62 | -5.15 | 7.83 |
| 2020-12-31 | 81.14 | -9.41 | -6.24 | 17.2 |
| 2021-12-31 | 79.76 | -33.08 | -31.06 | 11.45 |
| 2022-12-31 | 77.76 | -32.08 | -32.2 | 6 |
| 2023-12-31 | 77.98 | -21.51 | -17.51 | 20.63 |
| 2024-12-31 | 77.06 | -20.8 | -16.16 | 25.15 |
| 2025-12-31 | 76.79 | -16.91 | -13.5 | 26.75 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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