JFrog (FROG) Company Report

JFrog Ltd. announced on February 26, 2026, that its Board of Directors approved a share repurchase program.
The program authorizes the repurchase of up to $300 million of the company's outstanding ordinary shares.
Repurchases may be conducted in the open market or through negotiated transactions, with funding expected from cash on hand and future cash generated from operations.
The company stated that this program reflects its confidence in its strategy, durable growth opportunities, strong balance sheet, and consistent free cash flow generation.

2 days ago

8-K

JFrog Announces Strong Fiscal Year 2025 Results and Provides 2026 Outlook

FROG

Earnings

Guidance Update

Revenue Acceleration/Inflection

JFrog reported fiscal year 2025 total revenue of $531.8 million, representing a 24% year-over-year increase, with cloud revenue growing 45% to $243.3 million. The company's non-GAAP earnings per share for the year was $0.82, a 26% increase compared to the prior year.
The company demonstrated strong customer growth and retention, with customers spending over $1 million annually increasing by 42% to 74, and customers spending over $100,000 annually growing by 15% to 1,168. Net Dollar Retention for the trailing four quarters was 119%.
Security core products are a significant growth driver, comprising over 10% of total ARR and 16% of ending RPO as of December 31, 2025. JFrog is also strategically expanding its platform for AI and MLOps, partnering with NVIDIA and Hugging Face, anticipating increased demand from AI-generated binaries.
For fiscal year 2026, JFrog forecasts total revenue between $623 million and $628 million, representing 17.5% year-over-year growth at the midpoint, and non-GAAP diluted EPS between $0.88 and $0.92. Baseline cloud growth for 2026 is projected at 30%-32%, with net dollar retention expected to be 117%.

Feb 12, 2026, 10:00 PM

Transcript

JFrog Reports Q4 2025 Results and Provides FY 2026 Guidance

FROG

Earnings

Guidance Update

Product Launch

JFrog reported Q4 2025 revenue of $145.3 million and FY 2025 revenue of $531.8 million, achieving a non-GAAP gross margin of 83.3% and a non-GAAP operating margin of 17.3% for FY 2025.
The company provided FY 2026 revenue guidance of $623-628 million, with projected non-GAAP gross margin of 82.0-83.0% and non-GAAP operating margin of 17.0%-17.2%.
JFrog highlighted the Total Economic Impact of its Software Supply Chain Platform, with a commissioned Forrester study indicating a 393% ROI and payback in less than 6 months.
Key product developments include the introduction of JFrog MLOps, JFrog AI Catalog, and JFrog AppTrust, expanding capabilities for AI/ML lifecycle management and application trust.
Strategic partnerships were emphasized, including collaboration with NVIDIA for enterprise-approved NVIDIA NIM consumption and being named GitHub's 2025 Tech Partner of the Year.

Feb 12, 2026, 10:00 PM

Presentation

JFrog Announces Strong Q4 and Full Year 2025 Financial Results and Provides 2026 Guidance

FROG

Earnings

Guidance Update

Revenue Acceleration/Inflection

JFrog reported fiscal year 2025 total revenue of $531.8 million, a 24% year-over-year increase, with cloud revenue growing 45% to $243.3 million. Non-GAAP earnings per share for FY 2025 was $0.82, up 26% year-over-year.
The company's Remaining Performance Obligation (RPO) increased 40% year-over-year to $566 million as of December 31, 2025. JFrog Security core products now comprise over 10% of total ARR and 16% of ending RPO.
Customer metrics showed growth in higher-value segments, with customers spending over $1 million annually increasing 42% to 74 and those spending over $100,000 annually growing 15% to 1,168 in Q4 2025. Net Dollar Retention for the trailing four quarters was 119%.
For fiscal year 2026, JFrog provides guidance for total revenue between $623 million and $628 million, representing 17.5% year-over-year growth at the midpoint, and non-GAAP diluted earnings per share of $0.88-$0.92. The company anticipates baseline cloud growth of 30%-32% and a net dollar retention rate of 117% for 2026.

Feb 12, 2026, 10:00 PM

Transcript

JFrog Announces Strong Q4 and Full Year 2025 Financial Results with Positive 2026 Outlook

FROG

Earnings

Guidance Update

Product Launch

JFrog reported strong financial results for fiscal year 2025, with total revenue reaching $531.8 million, a 24% year-over-year increase, and cloud revenue growing 45% year-over-year to $243.3 million. Non-GAAP earnings per share for the full year were $0.82, up 26% year-over-year.
The company saw significant growth in its enterprise customer base, with customers spending over $1 million annually increasing 42% to 74 in Q4 2025. Remaining Performance Obligation (RPO) totaled $566 million as of December 31, 2025, a 40% year-over-year increase.
JFrog's security solutions, including Advanced Security and Curation, are becoming a meaningful growth engine, comprising more than 10% of total ARR and 16% of ending RPO by the end of 2025. The company continues to focus on securing the software supply chain, especially with the rise of AI-generated code and models.
For fiscal year 2026, JFrog anticipates total revenue between $623 million and $628 million, representing 17.5% year-over-year growth at the midpoint, and non-GAAP diluted EPS between $0.88 and $0.92. Cloud revenue growth is projected to be in the range of 30%-32%.

Feb 12, 2026, 10:00 PM

Transcript

JFrog Announces Fourth Quarter and Fiscal 2025 Results

FROG

Earnings

Guidance Update

Revenue Acceleration/Inflection

JFrog reported total fiscal 2025 revenues of $531.8 million, a 24% year-over-year increase, with cloud revenues growing 45% year-over-year to $243.3 million.
For the fourth quarter of 2025, revenue reached $145.3 million, representing a 25% increase year-over-year.
Non-GAAP diluted earnings per share were $0.82 for fiscal 2025 and $0.22 for the fourth quarter of 2025.
The company ended fiscal 2025 with remaining performance obligations (RPO) totaling $566 million, a 40% increase year-over-year as of December 31, 2025.
For fiscal year 2026, JFrog anticipates revenue between $623 million and $628 million and non-GAAP operating income between $106 million and $108 million.

Feb 12, 2026, 9:09 PM

8-K

JFrog Announces Fourth Quarter and Fiscal 2025 Results

FROG

Earnings

Guidance Update

Revenue Acceleration/Inflection

JFrog reported fiscal 2025 revenues of $531.8 million, marking a 24% year-over-year increase, with Non-GAAP diluted earnings per share of $0.82.
Cloud revenues for fiscal 2025 reached $243.3 million, up 45% year-over-year, and customers with ARR greater than $1 million increased by 42% to 74.
The company's ending Remaining Performance Obligations (RPO) totaled $566 million, a 40% increase year-over-year.
For fiscal year 2026, JFrog anticipates revenue between $623 million and $628 million, and Non-GAAP net income per diluted share between $0.88 and $0.92.

Feb 12, 2026, 9:05 PM

Press Release

JFrog Management Reviews Q3 Results and Future Growth Drivers

FROG

Revenue Acceleration/Inflection

New Projects/Investments

M&A

JFrog reported strong Q3 performance with 50% cloud growth, 54% growth in $1 million+ customers, and 39% year-over-year growth in Enterprise Plus revenue, which now constitutes 56% of total revenue.
Increased cloud consumption is primarily driven by customers' adoption of AI technologies, which generate more code and binaries, leading to higher data transfer and storage needs on the JFrog platform.
The company has strategically invested in its go-to-market approach to serve the enterprise, particularly by building a security overlay team and incentivizing sales for security products, which are displacing point solutions in the market.
JFrog's MLOps capabilities, enhanced by the acquisition of Qwak AI in summer 2024, are now integrated into the platform, though the market for MLOps is still maturing.
JFrog maintains a disciplined approach to spending, resulting in over 1,600 basis points of margin expansion over the last three years, and continues to evaluate M&A opportunities for strategic growth.

Jan 15, 2026, 4:00 PM

Transcript

JFrog Reports Strong Q3 2025 Performance and Details Strategic Focus on AI, Security, and MLOps

FROG

Revenue Acceleration/Inflection

New Projects/Investments

Product Launch

JFrog reported strong Q3 2025 results, including 50% cloud growth driven by increased usage and customer expansion, 10 new customers over $1 million, and 39% year-over-year growth in Enterprise Plus (E+) subscriptions, which now represent 56% of revenue. The company also delivered strong free cash flow and operating margins.
A key driver for increased cloud consumption is the growing adoption of AI technologies by developers, leading to more data transfer and storage on the JFrog Platform as AI generates more code and binaries.
JFrog has strategically invested in its security offerings, including a dedicated security overlay team and sales incentives, to provide a holistic platform solution that displaces point solutions in the market. Recent high-profile vulnerabilities like NPM and xz have underscored the value of JFrog's comprehensive software supply chain security.
The company has integrated MLOps capabilities into its platform following the acquisition of Qwak AI in summer 2024, offering a full solution for the model lifecycle from import to experimentation and distribution. While the MLOps capabilities are mature, the market for full-blown adoption is considered "not yet" mature.
JFrog maintains a "wonderful partnership" with GitHub, which began with integration in 2024, providing a unified experience for managing source code and binaries, and enabling one-click vulnerability fixes.

Jan 15, 2026, 4:00 PM

Transcript

JFrog Discusses Q3 Performance, AI Adoption, and Strategic Growth

FROG

Revenue Acceleration/Inflection

New Projects/Investments

JFrog reported a "phenomenal" Q3 performance, driven by 50% cloud growth, 10 new customers over $1 million, and 39% year-over-year growth in its full platform subscription (E+), which now accounts for 56% of revenue.
The company notes a significant market shift, with customer discussions moving from cloud migration to AI adoption in 2025 and 2026, which is driving increased demand for JFrog's platform due to the generation of more code and binaries, and the need for trust and security in AI technologies.
JFrog's go-to-market strategy has focused on the enterprise, with investments in professional services and sales incentives for security products, positioning its holistic software supply chain security solution to displace point solutions.
MLOps capabilities are mature and available after the Qwak AI acquisition in summer 2024, but the market is not yet fully mature for full-blown adoption, with customers prioritizing security and trust for MLOps implementation.
The company emphasizes financial discipline, having achieved over 1,600 basis points of margin expansion over the last three years, and continues to invest in strategic growth drivers like security and cloud capabilities while generating strong free cash flow.

Jan 15, 2026, 4:00 PM

Transcript

Earnings Transcripts

Quarterly earnings call transcripts for JFrog.

Q4 2025

Feb 12, 2026

→

Q3 2025

Nov 6, 2025

→

Q2 2025

Aug 7, 2025

→

View All Transcripts

Ask Fintool AI Agent

Get instant answers from SEC filings, earnings calls & more

What did Shlomi Ben Haim say about margins?What are JFrog's strategic priorities?How is JFrog positioned vs competitors?How did JFrog do last quarter?

JFrog (FROG)

Analyst Earnings Quarterly Reports

Q4 2024

Q3 2024

Q2 2024

Q1 2024

Executives

Shlomi Ben Haim

Eduard Grabscheid

Tali Notman

Yoav Landman

Board Members

Andy Vitus

Barry Zwarenstein

Elisa Steele

Frederic Simon

Luis Felipe Visoso

Sigal Zarmi

Yossi Sela

Yvonne Wassenaar

Analyst Coverage

Andrew Sherman

Shrenik Kothari

Eamon Coughlin

Jason Ader

Jason Celino

Jonathan Ruykhaver

Michael Cikos

Sanjit Singh

William Kingsley Crane

Koji Ikeda

Pinjalim Bora

W. Miller Jump

Brad Reback

Brian Essex

Ittai Kidron

Kingsley Crane

Lucky Schreiner

Mark Cash

Mark Tash

Miller Jump

Oscar Saavedra

Radi Sultan

Ryan MacWilliams

Billy Mandl

Ethan Drake Weeks

George McGreehan

Joseph Hickey

Matthew Calitri

Rob Owens

William Mandl

Zach Schneider

Latest news

Earnings Transcripts

Q4 2025

Q3 2025

Q2 2025

Ask Fintool AI Agent