Earnings summaries and quarterly performance for JFrog.
Executive leadership at JFrog.
Board of directors at JFrog.
Research analysts who have asked questions during JFrog earnings calls.
Andrew Sherman
Cowen
4 questions for FROG
Also covers: APPN, AXON, DDOG +5 more
Sanjit Singh
Morgan Stanley
4 questions for FROG
Also covers: APPN, BASE, CFLT +13 more
WK
William Kingsley Crane
Canaccord Genuity
4 questions for FROG
Also covers: AI, ALAR, BB +9 more
Koji Ikeda
Bank of America
3 questions for FROG
Also covers: ADSK, AMPL, BL +19 more
PB
Pinjalim Bora
JPMorgan Chase & Co.
3 questions for FROG
Also covers: ASAN, BL, BOX +17 more
SK
Shrenik Kothari
Robert W. Baird & Co.
3 questions for FROG
Also covers: CHKP, ESTC, FTNT +11 more
WM
W. Miller Jump
Truist Securities
3 questions for FROG
Also covers: BASE, CFLT, DT +5 more
BR
Brad Reback
Stifel
2 questions for FROG
Also covers: ASUR, CFLT, DAY +10 more
EC
Eamon Coughlin
Barclays
2 questions for FROG
Also covers: BAND, EVCM, ZETA
Jason Ader
William Blair & Company
2 questions for FROG
Also covers: AVPT, BASE, BLZE +12 more
Jason Celino
KeyBanc Capital Markets
2 questions for FROG
Also covers: ADSK, AZPN, BSY +12 more
Jonathan Ruykhaver
Cantor Fitzgerald
2 questions for FROG
Also covers: CRWD, GTLB, OKTA +5 more
MC
Mark Cash
Raymond James
2 questions for FROG
Also covers: ARLO, CFLT, GTLB +5 more
MC
Michael Cikos
Needham & Company
2 questions for FROG
Also covers: AI, BASE, BLZE +20 more
RM
Ryan MacWilliams
Barclays
2 questions for FROG
Also covers: AUDC, BAND, BRZE +16 more
Billy Mandl
KeyBanc Capital Markets
1 question for FROG
Ethan Drake Weeks
Piper Sandler
1 question for FROG
Also covers: SAIL, VRNS
GM
George McGreehan
Bank of America
1 question for FROG
Also covers: AMPL, ESTC, GLBE +1 more
JH
Joseph Hickey
UBS
1 question for FROG
Also covers: DOCN, NTNX
MC
Matthew Calitri
Needham & Company
1 question for FROG
Also covers: AI, CGNT, NABL +4 more
Rob Owens
Piper Sandler Companies
1 question for FROG
Also covers: CFLT, CHKP, CRWD +11 more
William Mandl
KeyBanc Capital Markets
1 question for FROG
Zach Schneider
Baird
1 question for FROG
Also covers: RBRK, S
Recent press releases and 8-K filings for FROG.
JFrog Discusses Strong 2025 Performance, Consumption-Driven Growth, and Security Product Demand
FROG
Revenue Acceleration/Inflection
Product Launch
Guidance Update
- JFrog's 2025 performance was strong, marked by a shift to consumption-driven revenue as a primary growth driver, contrasting with prior years' migration-heavy growth.
- The company's security offerings, particularly the Curation product, have seen increased demand and adoption following a coordinated npm package attack that started on August 28, 2025.
- JFrog has attracted three out of five leading native AI foundational model companies as customers, with one notably doubling its license in Q2 2025 after an initial Q1 2025 signing.
- New products like AppTrust and AI Catalog were introduced at SwampUp, though they are not anticipated to be significant revenue contributors in 2026.
- For 2026 guidance, JFrog will continue to focus on committed contracts, maintaining a net dollar retention floor of 116%.
Dec 10, 2025, 9:20 PM
JFrog Discusses 2025 Growth Drivers, Security Demand, and 2026 Guidance Philosophy
FROG
Revenue Acceleration/Inflection
Product Launch
Guidance Update
- JFrog's 2025 growth was primarily driven by consumption, particularly from customers experimenting with AI/ML and coding assistant tools, marking a shift from previous years' migration-heavy growth.
- Demand for JFrog's security offerings, especially Curation, has significantly increased due to a recent NPM package attack, which has generated fear-driven interest in protecting software supply chains.
- New products like Fly, AppTrust, and AI Catalog were introduced at SwampUp to support agentic AI development, DevGov Ops, and LLM management, though they are not expected to be major revenue drivers in 2026.
- For 2026, JFrog's guidance philosophy will continue to focus on committed contracts, rather than forecasting potential overusage, despite strong consumption trends and security adoption in 2025.
- The company's platformization strategy and expertise in binaries are key drivers for strong customer retention and provide opportunities for incremental revenue through add-on products.
Dec 10, 2025, 9:20 PM
JFrog Highlights Consumption Growth and Security Product Impact at Barclays Conference
FROG
Revenue Acceleration/Inflection
Product Launch
Guidance Update
- JFrog's 2025 growth has been primarily consumption-driven, a shift from migration-heavy growth in prior years, fueled by customer experimentation with AI and ML and coding assistant tools.
- The company's cloud monetization is based on data transfer or consumption, leading to increased overages in Q1 and Q3 2025, with Q2 converting overusage into higher committed contracts.
- A recent NPM attack starting August 28, 2025, has significantly increased demand for JFrog's Curation product, a firewall for software development organizations, which has no market alternative.
- JFrog's guidance philosophy focuses on signed or committed contracts, with a net dollar retention floor of 116% and 2025 benefiting from strong security adoption and consumption trends to reach 118%.
Dec 10, 2025, 9:20 PM
JFrog Highlights Platform Growth, Strategic Guidance, and AI/ML Engagement
FROG
Product Launch
Revenue Acceleration/Inflection
New Projects/Investments
- JFrog has evolved from its core binary management (Artifactory) into a comprehensive platform for secure software development, integrating security (via Vdoo acquisition) and MLOps capabilities to drive revenue and retention.
- The company adopted a more conservative guidance philosophy after a Q2 deal slip, now guiding solely to customer commitments and excluding overusage or large, potentially volatile migrations to provide better visibility.
- Revenue growth in 2025 has been significantly driven by overconsumption above commitment in the cloud and the strong performance of security add-ons, which led to the addition of 10 new customers with over $1 million ARR in Q3.
- JFrog is strategically positioned in the AI/ML market, actively collaborating with three out of five foundational model providers. One such provider is leveraging Artifactory for a self-hosted "model as a service" deployment, indicating a potentially significant future revenue stream.
- With a projected ~$700 million cash balance by year-end, JFrog prioritizes capital allocation for strategic acquisitions to mitigate future disruptions and is adjusting employee compensation towards cash incentives.
Dec 8, 2025, 7:20 PM
JFrog Highlights Strategic Growth, Conservative Guidance, and AI/ML Opportunity
FROG
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
- JFrog has implemented a more conservative guidance philosophy, now focusing solely on commitments and excluding large, potentially volatile migrations.
- Revenue growth in 2025 is primarily driven by cloud overconsumption and security add-ons, which contributed to 10 new customers with over $1 million ARR in Q3.
- The company's Remaining Performance Obligation (RPO) has doubled since late 2023, with average deal durations extending to approximately 24 months, indicating strong customer commitment to its platform.
- JFrog is strategically engaged with three out of five foundational AI/ML model providers, with one customer potentially becoming a very large client by leveraging Artifactory for a "model as a service" offering.
- The company anticipates a cash balance of around $700 million by year-end, which it plans to use strategically for potential disruptive acquisitions and to adjust employee compensation.
Dec 8, 2025, 7:20 PM
JFrog Discusses Platform Evolution, Growth Drivers, and AI/ML Strategy
FROG
Product Launch
Guidance Update
Revenue Acceleration/Inflection
- JFrog has evolved from a product-led organization managing binaries with Artifactory to a platform for software supply chain, integrating security and MLOps capabilities.
- The company has adopted a more conservative guidance philosophy, now guiding only to commitments and excluding overusage or large, potentially slipping migration deals.
- Key growth drivers in 2025 include overconsumption above commitment, capturing overusage into higher commitments, and security add-ons, which are leading to larger deal sizes and increased customer commitments.
- JFrog's pricing model, based on contributing developers, allows for monetization of AI/ML coding assistants, as machines can be considered contributing developers. The company is also positioning Artifactory as a potential model registry for large language models.
- JFrog maintains a strategic cash balance to enable acquisitions that prevent disruption, such as the past acquisitions of Vdoo for security and Qwak for ML, and is shifting employee compensation towards cash over equity.
Dec 8, 2025, 7:20 PM
JFrog Discusses Strong Recent Growth, Q4 2025 Outlook, and AI Opportunities at UBS Conference
FROG
Revenue Acceleration/Inflection
Guidance Update
Product Launch
- JFrog reported a strong acceleration in its software group, reaching 26% growth in the most recent quarter, with 50% year-over-year cloud growth driven by usage exceeding minimum commitments and an increase in large deals.
- The company's guidance philosophy is "responsible," excluding unpredictable usage over minimum commit and large eight-figure deals. The Q4 2025 cloud guide implies a steep deceleration due to challenging comparisons from large cloud deals in Q4 2024, but management anticipates a "very nice and attractive setup" if current momentum persists.
- Key growth drivers for 2026 include security (with strong demand for curation following npm events), expansion of usage over minimum commit, and potential for renewed cloud migrations (currently paused by large customers due to AI cost predictability concerns).
- Recent product launches, such as AppTrust for DevGovOps and AI Catalog for securing large language models, are expected to contribute to future growth, though the direct revenue impact from AI is still in early stages and not yet definitively quantifiable.
Dec 2, 2025, 3:55 PM
JFrog Discusses 2025 Growth Drivers, Cloud Migration Trends, and New Product Initiatives
FROG
Revenue Acceleration/Inflection
Product Launch
Guidance Update
- JFrog reported strong execution in 2025, with 50% year-over-year cloud growth driven by usage over minimum commit, increased average selling prices (ASPs), more large deals, enterprise expansion, and security.
- A pause in cloud migrations by large customers is noted due to concerns about AI's impact on cost predictability and governance. The Q4 2025 cloud guide implies a steep deceleration compared to a strong H2 2024, reflecting a responsible guidance philosophy that excludes unpredictable usage and large deals.
- New product initiatives include App Trust for software delivery compliance, AI Catalog for securing large language models (seeing a 100% increase in Hugging Face model pulls since Q1), and Fly for small teams using emerging technologies.
- Security, particularly curation, is experiencing significant demand, especially following npm events, where JFrog has no competitive alternative, though budget alignment remains a focus.
Dec 2, 2025, 3:55 PM
JFrog Discusses Strong 2025 Performance, AI Opportunities, and Q4 Outlook
FROG
Revenue Acceleration/Inflection
Product Launch
New Projects/Investments
- JFrog reported strong acceleration in its software group, with a 6-point acceleration to 26% in the most recent quarter and 50% year-over-year cloud growth, driven by increased usage, large deals, and security offerings.
- The company's guidance philosophy is responsible, excluding large deals and usage over minimum commit. The implied steep deceleration in the Q4 2025 cloud guide is due to a difficult comparison with Q4 2024, which included three of the largest deals in the company's history.
- JFrog sees significant opportunity in AI, particularly for security of machine-generated code and large language models, with its new AI Catalog seeing a 100% increase in models pulled into Artifactory since Q1.
- Curation is the strongest performing area within its security suite, especially after npm events, and the company is actively consolidating point solutions with its Advanced Security offerings.
Dec 2, 2025, 3:55 PM
FROG Reports Strong Q3 2025 Results and Raises Full-Year Guidance
FROG
Earnings
Guidance Update
Revenue Acceleration/Inflection
- JFrog reported Q3 2025 total revenue of $136.9 million, marking a 26% year-over-year increase, with an operating margin of 18.7%.
- Cloud revenue surged by 50% year-over-year to $63.4 million, comprising 46% of total revenues, while customers spending over $1 million annually grew 54% to 71.
- The company maintained a strong net dollar retention of 118% for the trailing four quarters and ended Q3 2025 with $651.1 million in cash and short-term investments.
- JFrog provided Q4 2025 revenue guidance of $136.5 million to $138.5 million and raised its full-year 2025 revenue outlook to $523 million to $525 million, projecting approximately 22.3% year-over-year growth at the midpoint.
Nov 6, 2025, 10:00 PM
Quarterly earnings call transcripts for JFrog.
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