JFrog Ltd (FROG) stock

FROGNasdaqServices-Prepackaged SoftwareFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 12/30226% above fair value

$109.51+5.96 (+5.76%)

Close on Nov 11, 2026Market cap $13.50BP/E –Yield 0.00%

JFrog operating margin

Operating margin is operating income as a percentage of revenue.

JFrog's operating margin for the twelve months ending Sep 30, 2026 was -7.7%. For fiscal 2025 it was -17.3%, against -21.3% the year before. The highest annual figure on record is -6.6% in fiscal 2019.

Annual operating margin

Period	Period end	Value	Change (pts)
FY2025	Dec 31, 2025	-17.3%	+4.0
FY2024	Dec 31, 2024	-21.3%	+0.3
FY2023	Dec 31, 2023	-21.6%	+10.5
FY2022	Dec 31, 2022	-32.1%	+1.0
FY2021	Dec 31, 2021	-33.1%	−23.7
FY2020	Dec 31, 2020	-9.4%	−2.8
FY2019	Dec 31, 2019	-6.6%	+35.6
FY2018	Dec 31, 2018	-42.3%	–

Quarterly operating margin

Change is against the same quarter a year earlier.

Period	Period end	Value	Change (pts)
Q3 FY2026	Sep 30, 2026	-1.0%	+14.7
Q2 FY2026	Jun 30, 2026	-8.1%	+12.3
Q1 FY2026	Mar 31, 2026	-8.4%	+10.4
Q4 FY2025	Dec 31, 2025	-14.7%	+7.2
Q3 FY2025	Sep 30, 2025	-15.8%	+11.7
Q2 FY2025	Jun 30, 2025	-20.4%	−1.9
Q1 FY2025	Mar 31, 2025	-18.8%	−2.2
Q4 FY2024	Dec 31, 2024	-21.9%	−6.1
Q3 FY2024	Sep 30, 2024	-27.4%	−7.1
Q2 FY2024	Jun 30, 2024	-18.6%	+3.9
Q1 FY2024	Mar 31, 2024	-16.6%	+12.5
Q4 FY2023	Dec 31, 2023	-15.8%	+16.7
Q3 FY2023	Sep 30, 2023	-20.4%	+12.2
Q2 FY2023	Jun 30, 2023	-22.5%	+10.6
Q1 FY2023	Mar 31, 2023	-29.1%	+1.0
Q4 FY2022	Dec 31, 2022	-32.5%	+5.7
Q3 FY2022	Sep 30, 2022	-32.6%	+6.4
Q2 FY2022	Jun 30, 2022	-33.0%	−3.8
Q1 FY2022	Mar 31, 2022	-30.0%	−6.5
Q4 FY2021	Dec 31, 2021	-38.2%	−19.4
Q3 FY2021	Sep 30, 2021	-38.9%	−25.1
Q2 FY2021	Jun 30, 2021	-29.2%	−32.9
Q1 FY2021	Mar 31, 2021	-23.5%	−17.1
Q4 FY2020	Dec 31, 2020	-18.8%	−17.4
Q3 FY2020	Sep 30, 2020	-13.9%	−2.0
Q2 FY2020	Jun 30, 2020	3.7%	–
Q1 FY2020	Mar 31, 2020	-6.4%	–
Q4 FY2019	Dec 31, 2019	-1.4%	–
Q3 FY2019	Sep 30, 2019	-11.9%	–