JFrog Ltd. (FROG)

JFrog Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	370.38	349.89	280.04	206.68	150.83	104.72
Revenue Growth (YoY)	25.06%	24.94%	35.49%	37.03%	44.03%	64.82%
Cost of Revenue	79.23	77.04	62.29	41.82	28.45	20.04
Gross Profit	291.15	272.84	217.75	164.86	122.38	84.68
Selling, General & Admin	224.59	213.81	186.37	153.63	95.46	61.89
Research & Development	135.53	134.58	121.23	79.6	41.11	29.73
Operating Expenses	360.12	348.39	307.59	233.23	136.57	91.62
Operating Income	-68.97	-75.55	-89.84	-68.37	-14.19	-6.94
Other Expense / Income	-24.13	-21.03	-5.09	-0.74	-2.05	-3.17
Pretax Income	-44.84	-54.52	-84.75	-67.63	-12.15	-3.77
Income Tax	4.39	6.74	5.44	-3.42	-2.74	1.63
Net Income	-49.24	-61.26	-90.18	-64.2	-9.41	-5.39
Shares Outstanding (Basic)	107	103	99	95	46	27
Shares Outstanding (Diluted)	107	103	99	95	46	27
Shares Change	5.69%	4.10%	4.71%	103.89%	71.35%	3.94%
EPS (Basic)	-0.46	-0.59	-0.91	-0.68	-0.20	-0.20
EPS (Diluted)	-0.46	-0.59	-0.91	-0.68	-0.20	-0.20
Free Cash Flow	90.2	72.17	17.1	23.67	25.94	8.2
Free Cash Flow Per Share	0.84	0.70	0.17	0.25	0.56	0.30
Gross Margin	78.61%	77.98%	77.76%	79.76%	81.14%	80.87%
Operating Margin	-18.62%	-21.59%	-32.08%	-33.08%	-9.41%	-6.62%
Profit Margin	-13.29%	-17.51%	-32.20%	-31.06%	-6.24%	-5.15%
Free Cash Flow Margin	24.35%	20.63%	6.11%	11.45%	17.20%	7.83%
EBITDA	-21.05	-30.76	-62.73	-52.77	-8.49	-0.96
EBITDA Margin	-5.68%	-8.79%	-22.40%	-25.53%	-5.63%	-0.91%
Depreciation & Amortization	23.79	23.76	22.01	14.85	3.66	2.81
EBIT	-44.84	-54.52	-84.75	-67.63	-12.15	-3.77
EBIT Margin	-12.11%	-15.58%	-30.26%	-32.72%	-8.05%	-3.60%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).