JFrog Ltd. FROG Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 77.5%+1.4pp | 76.8%-0.3pp | 76.2%-1.8pp | 75.5%-3.2pp | 76.1%-2.6pp | |
| Operating margin | -14.5%+7.1pp | -17.3%+4.0pp | -19.1%+0.7pp | -22%-4.2pp | -21.6%-3.0pp | |
| Net margin | -10.9%+6.6pp | -13.5%+2.7pp | -15.9%-1.9pp | -18.2%-5.8pp | -17.5%-4.2pp | |
| EBITDA margin | -10.4%+5.8pp | -12.7%+3.6pp | -14%+1.3pp | -16.3%-2.4pp | -16.2%-1.7pp | |
| Free cash flow margin | 26.9%+0.4pp | 26.8%+1.6pp | 28%+5.8pp | 29.2%+6.1pp | 26.5%+2.1pp | |
| Returns | ||||||
| Return on equity | -7.1%+3.3pp | -8.6%+0.9pp | -9.9%-1.8pp | -11.2%-4.1pp | -10.5%-3.1pp | |
| Return on assets | -4.9%+2.5pp | -5.8%+0.8pp | -6.8%-1.1pp | -7.7%-2.7pp | -7.3%-2.1pp | |
| Return on invested capital | -9.9%+3.8pp | -11.8%+1.7pp | -12.8%-0.5pp | -15.9%-3.7pp | -13.7%-2.8pp | |
| 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×+0.1× | 2.2×+0.1× | 2.1×-0.5× | 2.1×-0.5× | |
| Quick ratio | 2.3×+0.1× | 2.1×+0.1× | 2.2×+0.1× | 2.1×-0.5× | 2.1×-0.5× | |
| Cash ratio | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.1×-0.7× | 0.1×-0.1× | |
| 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+9.0% | $7.64+8.3% | $7.33+7.4% | $7.17+8.3% | $7.05+6.6% | |
| Valuation | ||||||
| Market capitalization | $5.61B+55.4% | $7.39B+125% | $5.53B+72.3% | $4.93B+21.2% | $3.61B-23.2% | |
| Enterprise value | $5.57B+55.6% | $7.33B+126% | $5.46B+72.7% | $4.9B+26.5% | $3.58B-23.0% | |
| Price / sales | 10×+1.9× | 13.9×+6.2× | 11×+3.2× | 10.4×-0.1× | 8×-4.7× | |
| Price / book | 6.1×+1.6× | 8.3×+4.1× | 6.4×+2.2× | 6×+0.3× | 4.5×-2.1× | |
| EV / sales | 9.9×+1.9× | 13.8×+6.2× | 10.9×+3.1× | 10.3×+0.4× | 7.9×-4.6× | |
| Free cash flow yield | 2.7%-0.6pp | 1.9%-1.4pp | 2.6%-0.3pp | 2.8%+0.6pp | 3.3%+1.4pp | |
| Earnings yield | -1.1%+1.1pp | -1%+1.1pp | -1.4%+0.3pp | -1.7%-0.6pp | -2.2%-1.1pp |
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.
