Stocks · Technology · Software - Application
JFrog Ltd. FROG
$95.50 -2.14% Close, Oct 2, 2026 · NASDAQ · Market cap $11.57B
Strong growthStrong trendLow risk
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin widened to -11.2% from -21.9% a year earlier.
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +22.3%).
- Over the past year the stock returned +103.2%, ahead of the S&P 500 by 88.1 percentage points.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 22%
- FCF growth (TTM, YoY)Top 46%
- Revenue growth, 3-year CAGRTop 16%
- Revenue growth accelerationTop 41%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 25%
- Gross marginTop 15%
- Operating marginBottom 25%
- Accruals (lower is better)Top 22%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 38%
- Free-cash-flow yieldBottom 38%
- EBITDA / enterprise valueBottom 27%
- Sales / enterprise valueBottom 12%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 10%
- 6-month returnTop 14%
- 1-year return vs S&P 500Top 13%
- Distance from 52-week highTop 19%
- Trend checklist (0–4)Top 18%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 25%
- Consecutive EPS beatsTop 9%
- Share of analysts rating BuyTop 15%
- Upside to consensus price targetBottom 37%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 49%
- Maximum drawdown, 3 yearsTop 26%
- Beta vs S&P 500 (lower is better)Top 21%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 25.0% | 26.4% | ↑ |
| Gross margin | 75.5% | 77.9% | ↑ |
| Operating margin | -21.9% | -11.2% | ↑ |
| FCF margin | 29.2% | 28.3% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 26.4% | 25.0% | ↑ | Top 22% |
| Gross margin | 77.9% | 75.5% | ↑ | Top 15% |
| Operating margin | -11.2% | -21.9% | ↑ | Bottom 25% |
| Net margin | -7.3% | -18.2% | ↑ | — |
| Free-cash-flow margin | 28.3% | 29.2% | ↓ | — |
| Return on invested capital | -6.6% | — | Bottom 25% | |
| Revenue growth, 3-year CAGR | 23.8% | — | Top 16% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -14.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 26.8%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +37.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- Net cash
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -0.01%
- Shareholder yield
- -0.01%
- Share count change, 1 year
- +5.7%
- Share count change, 3-year CAGR
- +5.9%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +22.3%
- Average 2-day reaction, last 8
- +1.2%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $110.25
- Target vs current price
- +15.4%
- Analysts with a rating
- 24
- Share rating Buy or Strong Buy
- 88%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +12.3% | -1.8% | +1.8% | +8.5% | — |
| May 7, 2026 | +26.6% | +6.0% | +19.3% | +60.1% | +53.1% |
| Feb 12, 2026 | +15.8% | +2.5% | -3.3% | -19.4% | +35.7% |
| Nov 6, 2025 | +34.4% | +2.5% | +33.7% | +34.7% | +12.3% |
| Aug 7, 2025 | +12.5% | -7.7% | -0.2% | +15.2% | +11.9% |
| May 8, 2025 | +25.0% | +2.1% | +23.8% | +25.0% | +25.6% |
| Feb 13, 2025 | +35.7% | +2.1% | +6.1% | -12.1% | +5.6% |
| Nov 7, 2024 | +50.0% | +3.6% | -1.0% | -2.3% | +14.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $0.27 | $0.24 | +12.3% | $163.8M |
| May 7, 2026 | $0.27 | $0.21 | +26.6% | $154.0M |
| Feb 12, 2026 | $0.22 | $0.19 | +15.8% | $145.3M |
| Nov 6, 2025 | $0.22 | $0.16 | +34.4% | $136.9M |
| Aug 7, 2025 | $0.18 | $0.16 | +12.5% | $127.2M |
| May 8, 2025 | $0.20 | $0.16 | +25.0% | $122.4M |
| Feb 13, 2025 | $0.19 | $0.14 | +35.7% | $116.1M |
| Nov 7, 2024 | $0.15 | $0.10 | +50.0% | $109.1M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (forward) | 97.4× | — | — | — |
| EV / Sales | 19.14× | — | — | Bottom 12% |
| Free-cash-flow yield | 1.47% | — | — | Bottom 38% |
| Earnings yield | -0.39% | — | — | Bottom 38% |
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 4
- Days above the 200-day average
- 106
- 50-day average slope (20 days)
- +0.9%
- 200-day average slope (20 days)
- +4.4%
- Distance from 50-day average
- +6.4%
- Distance from 200-day average
- +39.6%
- RSI (14)
- 55.4
- Relative volume
- 0.67×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 62.9%
- Volatility vs own 5-year history
- 72th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.98
- Correlation with S&P 500
- 0.26
- Current drawdown from 1-year high
- -8.2%
- Maximum drawdown, 3 years
- -49.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Sep 28, 2020 | May 11, 2022 | -80.4% | 408 days | 1016 days (Jun 1, 2026) |
| Jul 6, 2026 | Jul 29, 2026 | -25.3% | 17 days | 21 days (Aug 27, 2026) |
| Aug 27, 2026 | Sep 8, 2026 | -16.6% | 7 days | Not yet recovered |
| Jun 1, 2026 | Jun 24, 2026 | -13.2% | 16 days | 3 days (Jun 29, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $11.57B
- EPS, diluted (TTM)
- -$0.37
- Revenue (TTM)
- $600.0M
- 52-week range
- $34.05 – $105.76
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $206.7M | $280.0M | $349.9M | $428.5M | $531.8M |
| Gross profit | $164.9M | $217.8M | $272.8M | $330.2M | $408.4M |
| Operating income | -$68.4M | -$89.8M | -$75.3M | -$89.1M | -$89.9M |
| Net income | -$64.2M | -$90.2M | -$61.3M | -$69.2M | -$71.8M |
| EPS (diluted) | -$0.68 | -$0.91 | -$0.59 | -$0.63 | -$0.62 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $109.1M | $116.1M | $122.4M | $127.2M | $136.9M | $145.3M | $154.0M | $163.8M |
| Net income | -$22.9M | -$23.2M | -$18.5M | -$21.7M | -$16.4M | -$15.2M | -$8.3M | -$4.2M |
| EPS (diluted) | -$0.21 | -$0.21 | -$0.16 | -$0.19 | -$0.14 | -$0.13 | -$0.07 | -$0.03 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $27.9M | $21.4M | $74.2M | $110.9M | $145.7M |
| Capital expenditure | -$4.2M | -$4.6M | -$2.0M | -$3.1M | -$3.5M |
| Free cash flow | $23.7M | $16.8M | $72.2M | $107.8M | $142.3M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $9.9M | $11.1M | $16.6M | $19.1M | $12.1M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $824.5M
- Total assets
- $1.49B
- Total liabilities
- $528.6M
- Total debt
- $14.6M
- Net debt
- -$82.1M
- Shareholders’ equity
- $960.7M
As of Jun 30, 2026 (filed Aug 7, 2026).
Short interest
- Shares sold short
- 7,182,154
- Days to cover
- 3.76
- Change vs previous report
- +11.2%
FINRA short interest, settlement date Sep 15, 2026.