JFrog Ltd. (FROG)

JFrog Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	474.76	428.49	349.89	280.04	206.68	150.83
Revenue Growth (YoY)	21.97%	22.46%	24.94%	35.49%	37.03%	44.03%
Cost of Revenue	116.19	98.29	77.02	62.26	41.81	28.45
Gross Profit	358.58	330.2	272.86	217.78	164.88	122.38
Selling, General & Admin	281.98	258.46	213.52	185.08	149.4	95.09
Research & Development	173.53	157.08	127.28	111.62	74.12	39.71
Operating Expenses	455.51	415.54	340.8	296.69	223.52	134.8
Operating Income	-96.93	-85.34	-67.94	-78.91	-58.64	-12.42
Interest & Investment Income	25.9	25.9	22.1	5.9	1.5	2.5
Currency Exchange Gain (Loss)	-0.18	-0.18	-0.59	-0.52	0.35	0.06
Other Non Operating Income (Expenses)	-2.16	-0.44	-0.48	-0.29	-1.11	-0.52
EBT Excluding Unusual Items	-73.37	-60.06	-46.91	-73.82	-57.9	-10.38
Merger & Restructuring Charges	-7.34	-5.76	-7.61	-10.71	-6.97	-1.77
Legal Settlements	-	-	-	-0.22	-2.75	-
Pretax Income	-80.71	-65.82	-54.52	-84.75	-67.63	-12.15
Income Tax Expense	5.61	3.42	6.74	5.44	-3.42	-2.74
Net Income	-86.32	-69.24	-61.26	-90.18	-64.2	-9.41
Net Income to Common	-86.32	-69.24	-61.26	-90.18	-64.2	-9.41
Shares Outstanding (Basic)	113	110	103	99	95	46
Shares Outstanding (Diluted)	113	110	103	99	95	46
Shares Change (YoY)	6.12%	6.17%	4.11%	4.71%	103.89%	71.35%
EPS (Basic)	-0.76	-0.63	-0.59	-0.91	-0.68	-0.20
EPS (Diluted)	-0.76	-0.63	-0.59	-0.91	-0.68	-0.20
Free Cash Flow	138.79	107.78	72.17	17.1	23.67	25.94
Free Cash Flow Per Share	1.23	0.98	0.70	0.17	0.25	0.56
Gross Margin	75.53%	77.06%	77.99%	77.77%	79.77%	81.14%
Operating Margin	-20.42%	-19.92%	-19.42%	-28.18%	-28.37%	-8.24%
Profit Margin	-18.18%	-16.16%	-17.51%	-32.20%	-31.06%	-6.24%
Free Cash Flow Margin	29.23%	25.15%	20.63%	6.11%	11.45%	17.20%
EBITDA	-69.83	-63.88	-52.64	-64.26	-49.9	-8.76
EBITDA Margin	-14.71%	-14.91%	-15.04%	-22.95%	-24.14%	-5.81%
D&A For EBITDA	27.11	21.46	15.3	14.66	8.75	3.66
EBIT	-96.93	-85.34	-67.94	-78.91	-58.64	-12.42
EBIT Margin	-20.42%	-19.92%	-19.42%	-28.18%	-28.37%	-8.24%
Revenue as Reported	474.76	428.49	349.89	280.04	206.68	150.83

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q