JFrog Ltd. FROG Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 77.5%+0.7pp | 76.8%+0.6pp | 76.2%+0.6pp | 75.5%-0.5pp | 76.1%-1.0pp | |
| Operating margin | -14.5%+2.7pp | -17.3%+1.8pp | -19.1%+2.9pp | -22%-0.3pp | -21.6%-0.4pp | |
| Net margin | -10.9%+2.6pp | -13.5%+2.4pp | -15.9%+2.3pp | -18.2%-0.7pp | -17.5%-1.4pp | |
| EBITDA margin | -10.4%+2.3pp | -12.7%+1.3pp | -14%+2.3pp | -16.3%0.0pp | -16.2%0.0pp | |
| Free cash flow margin | 26.9%+0.1pp | 26.8%-1.3pp | 28%-1.2pp | 29.2%+2.8pp | 26.5%+1.3pp | |
| Returns | ||||||
| Return on equity | -7.1%+1.5pp | -8.6%+1.2pp | -9.9%+1.3pp | -11.2%-0.7pp | -10.5%-0.9pp | |
| Return on assets | -4.9%+0.9pp | -5.8%+1.0pp | -6.8%+0.9pp | -7.7%-0.4pp | -7.3%-0.7pp | |
| Return on invested capital | -9.9%+1.8pp | -11.8%+1.0pp | -12.8%+3.1pp | -15.9%-2.2pp | -13.7%-0.2pp | |
| Efficiency | ||||||
| Asset turnover | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Liquidity | ||||||
| Current ratio | 2.3×+0.1× | 2.1×0.0× | 2.2×+0.1× | 2.1×0.0× | 2.1×+0.1× | |
| Quick ratio | 2.3×+0.1× | 2.1×0.0× | 2.2×+0.1× | 2.1×0.0× | 2.1×+0.1× | |
| Cash ratio | 0.2×0.0× | 0.2×0.0× | 0.2×+0.1× | 0.1×0.0× | 0.1×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Per Share | ||||||
| Book value per share | $7.69+0.7% | $7.64+4.2% | $7.33+2.2% | $7.17+1.7% | $7.050.0% | |
| Valuation | ||||||
| Market capitalization | $5.61B-24.0% | $7.39B+33.7% | $5.53B+12.0% | $4.93B+36.6% | $3.61B+10.1% | |
| Enterprise value | $5.57B-24.0% | $7.33B+34.2% | $5.46B+11.5% | $4.9B+36.8% | $3.58B+10.3% | |
| Price / sales | 10×-3.9× | 13.9×+2.9× | 11×+0.6× | 10.4×+2.4× | 8×+0.4× | |
| Price / book | 6.1×-2.3× | 8.3×+1.9× | 6.4×+0.5× | 6×+1.5× | 4.5×+0.3× | |
| EV / sales | 9.9×-3.9× | 13.8×+2.9× | 10.9×+0.5× | 10.3×+2.4× | 7.9×+0.4× | |
| Free cash flow yield | 2.7%+0.8pp | 1.9%-0.6pp | 2.6%-0.3pp | 2.8%-0.5pp | 3.3%0.0pp | |
| Earnings yield | -1.1%-0.1pp | -1%+0.5pp | -1.4%+0.3pp | -1.7%+0.4pp | -2.2%-0.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are JFrog Ltd.'s profit margins?
- JFrog Ltd. (FROG) runs a 77.5% gross margin and a -14.5% operating margin, with a -10.9% net margin.
- Where do JFrog Ltd.'s ratios come from?
- Every ratio is computed from JFrog Ltd.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
