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JFrog Ltd. FROG EV / sales

EV / sales at other companies

Microsoft logo
MicrosoftMSFT
8.9×-1.7×
Synopsys logo
SynopsysSNPS
11.9×+1.5×
DigitalOcean logo
DigitalOceanDOCN
10×+4.5×
Zscaler logo
ZscalerZS
6.9×-5.6×

Other financials

Income statement

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Revenue$154.0M+25.8%
Gross profit$120.4M+30.5%
Operating income-$12.9M+43.7%
Net income-$8.3M+55.3%
EPS (diluted)-$0.07+56.3%

Balance sheet

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Cash & equivalents$61.0M+37.5%
Total debt$16.4M+35.2%
Total equity$924.0M+15.5%
Total assets$1.4B+18.8%

Cash flow

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Operating cash flow$38.4M+33.2%
CapEx$1.1M+65.4%
Free cash flow$37.3M+32.5%

Valuation

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Market cap$10.02B+55.4%
Enterprise value$9.97B+55.6%
P/S17.8×+3.5×

Profitability

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Gross margin77.5%+1.4pp
Operating margin-14.5%-3.6pp
Net margin-10.9%-3.0pp
FCF margin26.9%+0.4pp

Returns & leverage

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Return on equity-7.1%-1.7pp
Debt / equity0.0×
Current ratio2.3×+0.1×

Where this comes from

Calculated from JFrog Ltd.’s reported figures.

Based on the most recent quarter.

The official record: JFrog Ltd.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is JFrog Ltd.'s EV / sales?
JFrog Ltd. (FROG) reported EV / sales of 9.9× in Q1 2026.
How has JFrog Ltd.'s EV / sales changed year-over-year?
JFrog Ltd.'s EV / sales increased by 24.4% year-over-year, from 7.9× to 9.9×.
What is the long-term trend for JFrog Ltd.'s EV / sales?
Over 5 years (2020 to 2025), JFrog Ltd.'s EV / sales has grown at a -18.9% compound annual growth rate (CAGR), from 39.2× to 13.8×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.