Financial Snapshot

Revenue
$389.3M
TTM
Gross Margin
78.74%
TTM
Net Earnings
-$48.07M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
260.64%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$721.4M
Q2 2024
Cash
Q2 2024
P/E
-69.58
Oct 17, 2024 EST
Free Cash Flow
$89.96M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $349.9M $280.0M $206.7M $150.8M $104.7M $63.53M
YoY Change 24.94% 35.49% 37.03% 44.03% 64.82%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $349.9M $280.0M $206.7M $150.8M $104.7M $63.53M
Cost Of Revenue $77.04M $62.29M $41.82M $28.45M $20.04M $10.71M
Gross Profit $272.8M $217.8M $164.9M $122.4M $84.68M $52.82M
Gross Profit Margin 77.98% 77.76% 79.76% 81.14% 80.87% 83.14%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $213.8M $186.4M $153.6M $95.46M $61.89M $53.82M
YoY Change 14.72% 21.31% 60.94% 54.24% 15.0%
% of Gross Profit 78.36% 85.59% 93.19% 78.0% 73.08% 101.88%
Research & Development $134.6M $121.2M $79.60M $41.11M $29.73M $25.86M
YoY Change 11.02% 52.29% 93.62% 38.29% 14.96%
% of Gross Profit 49.33% 55.67% 48.29% 33.6% 35.11% 48.96%
Depreciation & Amortization $15.30M $14.66M $8.746M $3.660M $2.810M $1.120M
YoY Change 4.42% 67.56% 138.96% 30.25% 150.89%
% of Gross Profit 5.61% 6.73% 5.31% 2.99% 3.32% 2.12%
Operating Expenses $348.4M $307.6M $233.2M $136.6M $91.62M $79.68M
YoY Change 13.26% 31.88% 70.78% 49.06% 14.99%
Operating Profit -$75.55M -$89.84M -$68.37M -$14.19M -$6.937M -$26.86M
YoY Change -15.91% 31.4% 381.74% 104.58% -74.17%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $21.03M $5.094M $744.0K $2.000M $3.200M $1.300M
YoY Change 312.88% 584.68% -62.8% -37.5% 146.15%
% of Operating Profit
Other Income/Expense, Net $21.03M $5.094M $744.0K $2.045M $3.171M $1.310M
YoY Change 312.88% 584.68% -63.62% -35.51% 142.06%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$54.52M -$84.75M -$67.63M -$12.15M -$3.766M -$25.55M
YoY Change -35.67% 25.32% 456.72% 222.54% -85.26%
Income Tax $6.740M $5.438M -$3.422M -$2.742M $1.628M $470.0K
% Of Pretax Income
Net Earnings -$61.26M -$90.18M -$64.20M -$9.405M -$5.394M -$26.02M
YoY Change -32.08% 40.47% 582.65% 74.36% -79.27%
Net Earnings / Revenue -17.51% -32.2% -31.06% -6.24% -5.15% -40.95%
Basic Earnings Per Share -$0.59 -$0.91 -$0.68 -$0.20
Diluted Earnings Per Share -$0.59 -$0.91 -$677.4K -$202.2K -$67.08K -$323.0K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $545.0M $443.2M $421.1M $598.1M $166.5M $177.9M
YoY Change 22.97% 5.24% -29.59% 259.22% -6.41%
Cash & Equivalents $84.77M $45.60M $68.28M $164.5M $39.20M $177.9M
Short-Term Investments $460.2M $397.6M $352.8M $433.6M $127.3M $0.00
Other Short-Term Assets $24.35M $26.71M $27.41M $17.50M $7.800M $4.600M
YoY Change -8.8% -2.58% 56.63% 124.36% 69.57%
Inventory
Prepaid Expenses
Receivables $76.44M $62.12M $50.48M $37.00M $24.70M $19.80M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $645.8M $532.0M $499.0M $652.6M $198.9M $202.3M
YoY Change 21.39% 6.61% -23.53% 228.1% -1.68%
Property, Plant & Equipment $29.09M $32.62M $32.69M $5.000M $3.500M $3.100M
YoY Change -10.83% -0.2% 553.76% 42.86% 12.9%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $23.94M $21.08M $25.06M $10.30M $12.70M $6.900M
YoY Change 13.59% -15.9% 143.32% -18.9% 84.06%
Total Long-Term Assets $326.8M $339.2M $353.5M $36.60M $39.10M $14.80M
YoY Change -3.67% -4.05% 865.86% -6.39% 164.19%
Total Assets $972.6M $871.2M $852.5M $689.2M $238.0M $217.1M
YoY Change
Accounts Payable $16.97M $14.87M $10.87M $9.900M $5.000M $3.200M
YoY Change 14.15% 36.8% 9.78% 98.0% 56.25%
Accrued Expenses $44.09M $35.98M $35.25M $21.00M $8.300M $6.600M
YoY Change 22.53% 2.08% 67.84% 153.01% 25.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $262.2M $209.6M $175.3M $122.7M $86.00M $61.60M
YoY Change 25.1% 19.58% 42.84% 42.67% 39.61%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $31.26M $36.88M $38.68M $12.60M $9.600M $18.30M
YoY Change -15.23% -4.67% 207.01% 31.25% -47.54%
Total Long-Term Liabilities $31.26M $36.88M $38.68M $12.60M $9.600M $18.30M
YoY Change -15.23% -4.67% 207.01% 31.25% -47.54%
Total Liabilities $293.4M $246.4M $213.9M $135.3M $95.60M $79.90M
YoY Change 19.06% 15.19% 58.13% 41.53% 19.65%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 103.3M 99.24M 94.78M 46.49M
Diluted Shares Outstanding 103.3M 99.24M 94.78M 46.49M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.3448 Billion

About Jfrog Ltd

JFrog Ltd. engages in the provision of an end-to-end, hybrid, universal development operations platform that powers and controls the software supply chain, which enables organizations to continuously and securely deliver software updates across any system. The company is headquartered in Sunnyvale, California and currently employs 1,400 full-time employees. The company went IPO on 2020-09-16. Its products include JFrog Artifactory, JFrog Xray (Security Essential), JFrog Advanced Security, JFrog Distribution, JFrog Artifactory Edge, JFrog Mission Control, JFrog Insight, JFrog Connect and JFrog Pipelines. JFrog Artifactory supports all software package technologies and can be seamlessly deployed across public clouds, multi-cloud, on-premises, private cloud, and hybrid environments. JFrog Distribution provides reliable, scalable, and secure software package distribution with enterprise-grade performance. JFrog Mission Control is its integrated platform control panel, providing a high-level view of all the moving pieces of an organization’s software supply chain workflow. JFrog Insight is its universal DevOps intelligence tool. JFrog Advanced Security is an optional add-on for select JFrog subscriptions as an advanced, binary-focused security solution integrated into the JFrog Platform.

Industry: Services-Prepackaged Software Peers: Microsoft Corp A10 Networks Inc Appian Corp Commvault Systems Inc N-Able Inc Ping Identity Holding Corp. Progress Software Corp Rapid7 Inc Varonis Systems Inc Adeia Inc