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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	450.58	428.49	349.89	280.04	206.68	150.83
Revenue Growth (YoY)	21.66%	22.46%	24.94%	35.49%	37.03%	44.03%
Cost of Revenue	107.87	98.29	77.02	62.26	41.81	28.45
Gross Profit	342.72	330.2	272.86	217.78	164.88	122.38
Selling, General & Admin	269.81	258.46	213.52	185.08	149.4	95.09
Research & Development	164.59	157.08	127.28	111.62	74.12	39.71
Operating Expenses	434.39	415.54	340.8	296.69	223.52	134.8
Operating Income	-91.67	-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)	-0.44	-0.44	-0.48	-0.29	-1.11	-0.52
EBT Excluding Unusual Items	-67.52	-60.06	-46.91	-73.82	-57.9	-10.38
Merger & Restructuring Charges	-5.76	-5.76	-7.61	-10.71	-6.97	-1.77
Legal Settlements	-	-	-	-0.22	-2.75	-
Pretax Income	-73.28	-65.82	-54.52	-84.75	-67.63	-12.15
Income Tax Expense	5.67	3.42	6.74	5.44	-3.42	-2.74
Net Income	-78.95	-69.24	-61.26	-90.18	-64.2	-9.41
Net Income to Common	-78.95	-69.24	-61.26	-90.18	-64.2	-9.41
Shares Outstanding (Basic)	111	110	103	99	95	46
Shares Outstanding (Diluted)	111	110	103	99	95	46
Shares Change (YoY)	6.24%	6.17%	4.11%	4.71%	103.89%	71.35%
EPS (Basic)	-0.71	-0.63	-0.59	-0.91	-0.68	-0.20
EPS (Diluted)	-0.71	-0.63	-0.59	-0.91	-0.68	-0.20
Free Cash Flow	119.3	107.78	72.17	17.1	23.67	25.94
Free Cash Flow Per Share	1.07	0.98	0.70	0.17	0.25	0.56
Gross Margin	76.06%	77.06%	77.99%	77.77%	79.77%	81.14%
Operating Margin	-20.35%	-19.92%	-19.42%	-28.18%	-28.37%	-8.24%
Profit Margin	-17.52%	-16.16%	-17.51%	-32.20%	-31.06%	-6.24%
Free Cash Flow Margin	26.48%	25.15%	20.63%	6.11%	11.45%	17.20%
EBITDA	-67.3	-63.88	-52.64	-64.26	-49.9	-8.76
EBITDA Margin	-14.94%	-14.91%	-15.04%	-22.95%	-24.14%	-5.81%
D&A For EBITDA	24.38	21.46	15.3	14.66	8.75	3.66
EBIT	-91.67	-85.34	-67.94	-78.91	-58.64	-12.42
EBIT Margin	-20.35%	-19.92%	-19.42%	-28.18%	-28.37%	-8.24%
Revenue as Reported	450.58	428.49	349.89	280.04	206.68	150.83

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q