JFrog (FROG) Financials: Revenue & Earnings
$12.13B
Market Cap
-270.09
P/E
102.11
Forward P/E
51
Score
FROG price $100.13 -0.33 -0.33%
Stocklytics score rationale: value 32, quality 56, growth 65.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| 63532000 | 104716000 | 150827000 | 206683000 | 280040000 | 349886000 | 428488000 | 531840000 |
JFrog Ltd. delivers a comprehensive DevOps platform to businesses throughout the United States, providing a suite of tools designed to streamline software development and delivery. At the heart of their offerings is JFrog Artifactory, a flexible package repository that enables teams and enterprises to effectively store, update, and manage their software packages regardless of scale. Accompanying this is JFrog…
FROG fair value $39.43. Price $100.13. Price is 154% above fair value.
Above fair value, and more expensive than usual. A larger premium than on 61% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 169.70M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 11.12% (beta 1.2). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 121.12M. Net debt -57.42M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-05 | — | 0.23 | — | 165.91M |
| 2026-08-06 | 0.27 | 0.24 | 163.77M | 155.63M |
| 2026-05-07 | 0.27 | 0.21 | 153.98M | 147.45M |
| 2026-02-12 | 0.22 | 0.19 | 145.31M | 138.09M |
| 2025-11-06 | 0.22 | 0.16 | 136.91M | 128.35M |
| 2025-08-07 | 0.18 | 0.16 | 127.22M | 128.15M |
| 2025-05-08 | 0.20 | 0.16 | 122.41M | 117.41M |
| 2025-02-13 | 0.19 | 0.14 | 116.08M | 114.24M |
| 2024-11-07 | 0.15 | 0.10 | 109.06M | 114.19M |
| 2024-08-07 | 0.15 | 0.14 | 103.04M | 103.58M |
| 2024-05-09 | 0.16 | 0.14 | 100.31M | 98.66M |
| 2024-02-14 | 0.19 | 0.13 | 97.26M | 93.04M |
| 2023-11-01 | 0.15 | 0.08 | 88.64M | 87.56M |
| 2023-08-02 | 0.11 | 0.05 | 84.17M | 82.96M |
| 2023-05-03 | 0.06 | 0.03 | 79.82M | 78.43M |
| 2023-02-08 | 0.04 | 0.02 | 76.55M | 77.00M |
| 2022-11-02 | 0.02 | 0.00 | 71.99M | 71.08M |
| 2022-08-03 | -0.02 | -0.01 | 67.81M | 65.52M |
| 2022-05-09 | -0.20 | 0.00 | 63.70M | 61.17M |
| 2022-02-10 | -0.01 | -0.09 | 59.24M | 58.04M |
| 2021-11-04 | 0.01 | 0.00 | 53.70M | 52.48M |
| 2021-08-05 | 0.01 | 0.01 | 48.66M | 48.66M |
| 2021-05-06 | 0.02 | 0.01 | 45.09M | 49.60M |
| 2021-02-11 | 0.02 | 0.02 | 42.69M | 42.69M |
| 2020-11-04 | 0.05 | — | 38.89M | — |
| 2020-09-16 | -0.03 | — | 32.82M | — |
| 2020-06-30 | 0.02 | — | 36.43M | — |
| 2019-12-31 | -0.00 | — | 30.76M | — |
| 2019-09-30 | -0.04 | — | 27.84M | — |
| 2019-06-30 | -0.01 | — | 24.90M | — |
| 2019-03-31 | -0.01 | — | 21.21M | — |
| 2018-12-31 | -0.02 | — | 19.05M | — |
| 2018-09-30 | -0.24 | — | 16.70M | — |
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-20 | ZWARENSTEIN BARRY | Sell | 1.25K | $90.10 | 112.62K |
| 2026-10-07 | Shlomi Ben Haim | Sell | 8.33K | $97.13 | 809.09K |
| 2026-10-07 | Shlomi Ben Haim | Sell | 6.47K | $97.99 | 634.00K |
| 2026-10-07 | Shlomi Ben Haim | Sell | 200 | $98.76 | 19.75K |
| 2026-10-05 | Landman Yoav | Sell | 45.00K | $97.27 | 4.38M |
| 2026-10-01 | Simon Frederic | Sell | 27.28K | $96.37 | 2.63M |
| 2026-10-01 | Simon Frederic | Sell | 66.39K | $97.23 | 6.46M |
| 2026-10-01 | Simon Frederic | Sell | 21.54K | $97.95 | 2.11M |
| 2026-10-01 | Simon Frederic | Sell | 4.58K | $99.14 | 454.46K |
| 2026-10-01 | Simon Frederic | Sell | 200 | $99.75 | 19.95K |
| 2026-09-30 | Notman Tali | Buy | 2.66K | $23.00 | 61.27K |
| 2026-09-30 | Notman Tali | Buy | 9.11K | $15.12 | 137.79K |
| 2026-09-30 | Notman Tali | Sell | 2.66K | $23.00 | 61.27K |
| 2026-09-30 | Notman Tali | Sell | 9.11K | $15.12 | 137.79K |
| 2026-09-14 | ZWARENSTEIN BARRY | Sell | 1.25K | $88.38 | 110.47K |
| 2026-09-10 | Vitus Andrew L. | Buy | 4.99K | — | — |
| 2026-09-10 | Vitus Andrew L. | Sell | 4.99K | — | — |
| 2026-09-08 | Shlomi Ben Haim | Sell | 6.86K | $82.17 | 563.36K |
| 2026-09-08 | Shlomi Ben Haim | Sell | 2.30K | $83.63 | 192.35K |
| 2026-09-08 | Shlomi Ben Haim | Sell | 6.50K | $84.54 | 549.51K |
| 2026-09-08 | Shlomi Ben Haim | Sell | 10.52K | $85.34 | 897.61K |
| 2026-09-08 | Shlomi Ben Haim | Sell | 12.20K | $86.53 | 1.06M |
| 2026-09-08 | Shlomi Ben Haim | Sell | 5.51K | $87.47 | 482.31K |
| 2026-09-08 | Shlomi Ben Haim | Sell | 1.82K | $88.23 | 160.23K |
| 2026-09-08 | Notman Tali | Sell | 17.95K | $86.94 | 1.56M |
| 2026-09-08 | Notman Tali | Sell | 845 | $87.78 | 74.17K |
| 2026-09-04 | Landman Yoav | Sell | 16.10K | $87.38 | 1.41M |
| 2026-09-04 | Landman Yoav | Sell | 2.70K | $88.43 | 238.76K |
| 2026-09-04 | Landman Yoav | Sell | 7.03K | $89.83 | 631.24K |
| 2026-09-04 | Landman Yoav | Sell | 14.37K | $90.54 | 1.30M |
| 2026-09-04 | Landman Yoav | Sell | 4.80K | $91.43 | 438.86K |
| 2026-09-03 | Grabscheid Eduard | Sell | 2.07K | $90.99 | 187.99K |
| 2026-09-03 | Grabscheid Eduard | Sell | 5.41K | $91.62 | 496.03K |
| 2026-09-03 | Grabscheid Eduard | Sell | 777 | $93.05 | 72.30K |
| 2026-09-03 | Grabscheid Eduard | Sell | 111 | $91.29 | 10.13K |
| 2026-09-03 | Grabscheid Eduard | Sell | 47 | $91.86 | 4.32K |
| 2026-09-03 | Grabscheid Eduard | Sell | 21 | $93.00 | 1.95K |
| 2026-09-02 | Grabscheid Eduard | Sell | 8.78K | $90.51 | 794.68K |
| 2026-09-02 | Notman Tali | Sell | 19.16K | $90.51 | 1.73M |
| 2026-09-02 | Shlomi Ben Haim | Sell | 37.23K | $90.51 | 3.37M |
| 2026-09-01 | Shlomi Ben Haim | Sell | 15.00K | — | — |
| 2026-09-01 | Shlomi Ben Haim | Sell | 15.00K | — | — |
| 2026-09-01 | Simon Frederic | Sell | 63.12K | $91.83 | 5.80M |
| 2026-09-01 | Simon Frederic | Sell | 13.51K | $92.77 | 1.25M |
| 2026-09-01 | Simon Frederic | Sell | 12.36K | $93.67 | 1.16M |
| 2026-09-01 | Simon Frederic | Sell | 9.05K | $95.05 | 860.58K |
| 2026-09-01 | Simon Frederic | Sell | 14.13K | $95.84 | 1.35M |
| 2026-09-01 | Simon Frederic | Sell | 3.90K | $96.93 | 378.32K |
| 2026-09-01 | Simon Frederic | Sell | 2.32K | $97.84 | 226.89K |
| 2026-09-01 | Simon Frederic | Sell | 1.60K | $98.75 | 158.00K |
| 2026-08-28 | Steele Elisa | Sell | 554 | $103.41 | 57.29K |
| 2026-08-27 | Landman Yoav | Sell | 41.06K | $99.40 | 4.08M |
| 2026-08-27 | Landman Yoav | Sell | 108.35K | $100.56 | 10.90M |
| 2026-08-27 | Landman Yoav | Sell | 96.89K | $101.43 | 9.83M |
| 2026-08-27 | Landman Yoav | Sell | 3.00K | $102.02 | 305.55K |
| 2026-08-13 | Simon Frederic | Sell | 4.90K | $86.67 | 424.68K |
| 2026-08-13 | Simon Frederic | Sell | 10.20K | $87.63 | 893.83K |
| 2026-08-13 | Simon Frederic | Sell | 26.24K | $88.48 | 2.32M |
| 2026-08-13 | Simon Frederic | Sell | 2.82K | $89.36 | 252.08K |
| 2026-08-13 | Simon Frederic | Sell | 31.16K | $90.48 | 2.82M |
| 2026-08-13 | Simon Frederic | Sell | 7.20K | $91.38 | 657.94K |
| 2026-08-13 | Simon Frederic | Sell | 4.79K | $92.68 | 444.22K |
| 2026-08-13 | Simon Frederic | Sell | 10.90K | $93.82 | 1.02M |
| 2026-08-13 | Simon Frederic | Sell | 21.28K | $94.87 | 2.02M |
| 2026-08-13 | Simon Frederic | Sell | 500 | $95.42 | 47.71K |
| 2026-08-13 | Landman Yoav | Sell | 1.90K | $86.63 | 164.60K |
| 2026-08-13 | Landman Yoav | Sell | 3.40K | $87.61 | 297.87K |
| 2026-08-13 | Landman Yoav | Sell | 10.20K | $88.45 | 902.01K |
| 2026-08-13 | Landman Yoav | Sell | 1.10K | $89.37 | 98.31K |
| 2026-08-13 | Landman Yoav | Sell | 11.70K | $90.49 | 1.06M |
| 2026-08-13 | Landman Yoav | Sell | 2.60K | $91.36 | 237.54K |
| 2026-08-13 | Landman Yoav | Sell | 1.80K | $92.64 | 166.75K |
| 2026-08-13 | Landman Yoav | Sell | 4.00K | $93.80 | 375.20K |
| 2026-08-13 | Landman Yoav | Sell | 8.28K | $94.88 | 785.32K |
| 2026-08-13 | Landman Yoav | Sell | 27 | $95.29 | 2.57K |
| 2026-08-07 | Shlomi Ben Haim | Sell | 300 | $88.83 | 26.65K |
| 2026-08-07 | Shlomi Ben Haim | Sell | 4.58K | $90.32 | 413.94K |
| 2026-08-07 | Shlomi Ben Haim | Sell | 9.07K | $91.23 | 827.64K |
| 2026-08-07 | Shlomi Ben Haim | Sell | 830 | $92.20 | 76.53K |
| 2026-08-07 | Shlomi Ben Haim | Sell | 215 | $94.45 | 20.31K |
| 2026-07-23 | ZWARENSTEIN BARRY | Sell | 1.25K | $80.10 | 100.12K |
| 2026-07-17 | Landman Yoav | Sell | 1.10K | $84.86 | 93.35K |
| 2026-07-17 | Landman Yoav | Sell | 6.08K | $86.10 | 523.57K |
| 2026-07-17 | Landman Yoav | Sell | 22.75K | $87.07 | 1.98M |
| 2026-07-17 | Landman Yoav | Sell | 14.77K | $88.10 | 1.30M |
| 2026-07-17 | Landman Yoav | Sell | 300 | $88.51 | 26.55K |
| 2026-07-16 | Sela Yossi | Sell | 8.00K | $86.49 | 692.01K |
| 2026-07-16 | Sela Yossi | Sell | 11.92K | $87.58 | 1.04M |
| 2026-07-16 | Sela Yossi | Sell | 4.58K | $88.44 | 404.70K |
| 2026-07-16 | Sela Yossi | Sell | 500 | $89.64 | 44.82K |
| 2026-07-08 | Shlomi Ben Haim | Sell | 5.84K | $93.65 | 547.38K |
| 2026-07-08 | Shlomi Ben Haim | Sell | 7.75K | $94.72 | 734.55K |
| 2026-07-08 | Shlomi Ben Haim | Sell | 1.40K | $95.42 | 133.59K |
| 2026-07-07 | Landman Yoav | Sell | 700 | $99.00 | 69.30K |
| 2026-07-01 | Simon Frederic | Sell | 28.77K | $90.25 | 2.60M |
| 2026-07-01 | Simon Frederic | Sell | 54.77K | $90.91 | 4.98M |
| 2026-07-01 | Simon Frederic | Sell | 35.05K | $91.94 | 3.22M |
| 2026-07-01 | Simon Frederic | Sell | 1.40K | $92.59 | 129.63K |
| 2026-07-01 | Grabscheid Eduard | Sell | 561 | $92.61 | 51.95K |
| 2026-06-29 | Shlomi Ben Haim | Sell | 66.00K | $90.03 | 5.94M |
Latest filed quarter: Q2 2026.
Institutions holding: 439, holders +91 vs prior quarter. Ownership 94.15%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 7.84M | 6.15M | +363.63% | 712.67M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 6.34M | 192.77K | +3.14% | 575.98M |
| JPMORGAN CHASE & CO | 5.18M | 2.06M | +65.75% | 467.30M |
| WHALE ROCK CAPITAL MANAGEMENT LLC | 4.46M | -1.56M | -25.94% | 405.18M |
| PRICE T ROWE ASSOCIATES INC /MD/ | 4.41M | 2.39M | +118.59% | 401.10M |
| OPTIMUS PRIME FUND MANAGEMENT CO., LTD. | 3.99M | -710.93K | -15.12% | 362.61M |
| BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. | 3.84M | -566.92K | -12.86% | 349.02M |
| FIRST TRUST ADVISORS LP | 3.73M | 370.00K | +11.00% | 339.20M |
| VANGUARD CAPITAL MANAGEMENT LLC | 3.46M | 76.77K | +2.27% | 314.24M |
| FMR LLC | 3.19M | 951.69K | +42.56% | 289.69M |
| WASATCH ADVISORS LP | 2.87M | -1.28M | -30.91% | 260.95M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 2.77M | 1.32M | +90.99% | 252.34M |
| INVESCO LTD. | 2.67M | 772.70K | +40.81% | 242.31M |
| STATE STREET CORP | 2.18M | 1.78M | +437.12% | 198.39M |
| BANK OF AMERICA CORP /DE/ | 1.86M | -658.44K | -26.15% | 168.99M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1.75M | 1.57M | +890.55% | 159.07M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.61M | 1.44M | +846.93% | 146.52M |
| TIMESSQUARE CAPITAL MANAGEMENT, LLC | 1.60M | -499.54K | -23.81% | 145.23M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.50M | -464.39K | -23.63% | 136.37M |
| RENAISSANCE TECHNOLOGIES LLC | 1.45M | -130.30K | -8.27% | 131.34M |
| FIERA CAPITAL CORP | 1.36M | -962.50K | -41.37% | 123.94M |
| NORGES BANK | 1.35M | 1.35M | New | 122.54M |
| FRANKLIN TEMPLETON INC | 1.35M | 968.10K | +255.17% | 122.46M |
| CONGRESS ASSET MANAGEMENT CO | 1.24M | 229.13K | +22.62% | 112.87M |
| LORD, ABBETT & CO. LLC | 1.23M | 604.84K | +97.01% | 111.63M |
JFrog Ltd. (FROG) trades at $100.13, with a market cap of $12.13B and a trailing P/E of -270.09. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| 63532000 | 104716000 | 150827000 | 206683000 | 280040000 | 349886000 | 428488000 | 531840000 |
Insights · Dividends · Forecast · Financials · Learn
$12.13B
Market Cap
-270.09
P/E
102.11
Forward P/E
51
Score