Stocktoria

JFrog Ltd FROG

Nasdaq · stock · Services-Prepackaged Software · website · IPO 2020-09-16

JFrog Ltd statistics & valuation

Market cap$10.6B
P / S19.9×
P / B12.0×
P / FCF74.6×
Net margin-13.5%
Return on equity-8.1%
FCF margin26.8%
Return on capital-9.8%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-5.20% -6.20% -31.10% -32.20% -17.50% -16.20% -13.50% 2019202020212022202320242025
Gross margin (%)
80.90% 81.10% 79.80% 77.80% 78.00% 77.10% 76.80% 2019202020212022202320242025
Operating margin (%)
-6.60% -9.40% -33.10% -32.10% -21.60% -21.30% -17.30% 2019202020212022202320242025
Return on equity (%)
-1.70% -10.10% -14.40% -9.00% -9.00% -8.10% 2019202020212022202320242025
Shares outstanding
27.9M 92.1M 97.3M 100.9M 106.1M 112.8M 119.6M 2019202020212022202320242025
Net debt ($)
2019202020212022202320242025
Share buybacks ($)
2019202020212022202320242025
Return on assets (%)
-2.30% -1.40% -7.50% -10.40% -6.30% -6.10% -5.40% 2019202020212022202320242025
Free cash flow margin (%)
7.80% 17.20% 11.50% 6.10% 20.60% 25.20% 26.80% 2019202020212022202320242025
Debt / equity (×)
2019202020212022202320242025
EPS ($)
-$0.20 -$0.68 -$0.91 -$0.59 -$0.63 -$0.62 2019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin76.8%77.1%78.0%77.8%79.8%81.1%80.9%
Operating margin-17.3%-21.3%-21.6%-32.1%-33.1%-9.4%-6.6%
Net margin-13.5%-16.2%-17.5%-32.2%-31.1%-6.2%-5.2%
FCF margin26.8%25.2%20.6%6.1%11.5%17.2%7.8%
Return on assets-5.4%-6.1%-6.3%-10.4%-7.5%-1.4%-2.3%
Return on equity-8.1%-9.0%-9.0%-14.4%-10.1%-1.7%16.1%
Current ratio2.142.042.462.542.855.322.31

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.