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 statistics

90 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 11, 2027 (estimated, after the close)
Last ex-dividend date: No dividends
Fundamentals through: Sep 30, 2026
Share price as of: Nov 11, 2026

Valuation ratiosIndustry

Market Cap: $13.50B; $808.04M
Enterprise Value: $12.62B; $765.06M
PS Ratio: 21.02; 2.34
PB Ratio: 13.37; 2.78
P/TBV Ratio: 22.10; 4.87
P/FCF Ratio: 65.11; 15.69
P/OCF Ratio: 62.68; 13.22

Enterprise valuationIndustry

EV / Sales: 19.65; 2.10
EV / FCF: 60.86; 15.19

Share statisticsIndustry

Shares Outstanding: 123M; 58M
Shares Change (YoY): 7.05%; 2.03%
Shares Change (QoQ): 1.28%; 0.07%
Float: 110M; 53M
Shares Held by Insiders: 10.8%; 13.1%
Shares Held by Institutions: 93.1%; 62.8%

Short sellingIndustry

Short Interest: 8M; –
Short Interest Change: 6.96%; -3.30%
Short % of Float: 6.97%; 5.81%
Short % of Shares Outstanding: 6.21%; 4.26%
Days to Cover: 4.47; 3.54

Stock price statisticsIndustry

52-Week High: $113.23; –
52-Week Low: $34.05; –
20-Day Moving Average: $95.18; –
50-Day Moving Average: $94.04; –
200-Day Moving Average: $73.26; –
Average True Range (14): $8.41; –
Price Change (1 Week): 26.8%; -1.14%
Price Change (1 Month): 10.3%; -0.89%
Price Change (3 Months): 15.1%; -7.73%
Price Change (6 Months): 70.6%; 1.79%
Price Change (YTD): 75.3%; -12.4%
Price Change (1 Year): 70.3%; -13.6%
Price Change (3 Years): 319.6%; -13.1%
Price Change (5 Years): 196.0%; -55.9%
Average Volume (10 Days): 3M; –
Average Volume (20 Days): 2M; –
Average Volume (90 Days): 2M; –
Relative Volume: 1.26; 0.73
Relative Strength Index (14): 59.4; 49.4
Volatility (1 Year): 80.9%; 65.3%
Beta (5 Years): 1.43; 1.20

MarginsIndustry

Gross Margin: 78.4%; 55.8%
Operating Margin: -7.68%; -2.02%
Pretax Margin: -3.05%; -0.57%
Profit Margin: -3.28%; -2.45%
EBITDA Margin: -4.46%; 0.85%
FCF Margin: 32.3%; 9.75%

Returns on capitalIndustry

Return on Equity (ROE): -2.26%; 1.34%
Return on Assets (ROA): -1.44%; -3.09%
Return on Invested Capital (ROIC): -23.1%; -0.50%
Return on Capital Employed (ROCE): -4.26%; -0.55%

Financial positionIndustry

Current Ratio: 2.15; 1.38
Quick Ratio: 2.03; 0.93

GrowthIndustry

Revenue Growth (YoY): 27.8%; 9.48%
FCF Growth (YoY): 47.2%; 14.5%
Revenue Growth (3Y CAGR): 23.8%; 7.52%
Revenue Growth (5Y CAGR): 28.7%; 12.3%

EfficiencyIndustry

Asset Turnover: 0.44; 0.64
Revenue Per Employee: $356.79K; $396.32K
Profits Per Employee: -$11.72K; -$6.25K
Employee Count: 1,800; 525
WACC: 12.0%; 10.2%

Income statement (TTM)Industry

Revenue: $642.23M; $257.79M
Gross Profit: $503.79M; $158.22M
Operating Income: -$49.35M; -$578.69K
Pretax Income: -$19.57M; -$282.31K
Net Income: -$21.09M; -$296.46K
EBITDA: -$28.64M; -$75.39K
EPS (Diluted): -$0.18; $0.00

Balance sheetIndustry

Cash & Short-Term Investments: $880.89M; $40.48M
Net Cash (Debt): $880.89M; $1.71M
Net Cash Per Share: $7.14; $0.12
Equity (Book Value): $1.01B; $51.00M
Book Value Per Share: $8.19; $1.99
Tangible Book Value: $611.00M; $2.87M
Working Capital: $577.19M; $14.89M

Cash flow (TTM)Industry

Operating Cash Flow: $215.42M; $6.40M
Capital Expenditures: -$8.04M; -$5.62M
Free Cash Flow: $207.38M; $36.20M
FCF Per Share: $1.68; $0.54

Dividends and yieldsIndustry

Earnings Yield: -0.16%; 0.37%
FCF Yield: 1.54%; 4.27%
Dividend Yield: 0.00%; 1.31%
Shareholder Yield: 0.00%; 3.67%
Dividend Per Share: $0.00; $1.04
Years of Dividend Growth: 0; 1

Taxes and interestIndustry

Income Tax: $1.52M; $1.64M

Scores and fair valueIndustry

Altman Z-Score: 12.83; 2.04
Piotroski F-Score: 6; 5
Beneish M-Score: -3.05; -2.82

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.

Period	FROG	S&P 500	Difference	FROG per year	S&P 500 per year
1 month	+7.1%	-2.4%	+9.5 pts
3 months	+27.2%	-1.2%	+28.3 pts
Year to date	+75.3%	+12.3%	+63.0 pts
1 year	+71.1%	+12.4%	+58.6 pts
3 years	+319.6%	+78.8%	+240.8 pts	+61.3%	+21.4%
5 years	+195.7%	+75.2%	+120.5 pts	+24.2%	+11.9%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

8M FROG shares were sold short on Oct 30, 2026, up 7.0% from the previous report, or 6.97% of the shares available to trade. At recent volumes it would take 4.5 days to buy them back. Over the last 20 sessions, 51.0% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	7,663,148	+7.0%	1,713,464	4.5
Oct 15, 2026	7,164,276	+10.3%	1,564,963	4.6
Sep 30, 2026	6,493,023	-9.6%	1,601,633	4.0
Sep 15, 2026	7,182,154	+11.2%	1,908,902	3.8
Aug 31, 2026	6,459,902	-23.7%	1,855,076	3.5
Aug 14, 2026	8,465,931	-9.9%	2,481,399	3.4
Jul 31, 2026	9,393,448	-14.1%	2,243,808	4.2
Jul 15, 2026	10,930,781	+0.7%	2,208,191	5.0
Jun 30, 2026	10,849,942	+157.9%	4,900,608	2.2
Jun 15, 2026	4,207,793	+1.1%	2,484,478	1.7
May 29, 2026	4,162,403	-6.3%	2,164,750	1.9
May 15, 2026	4,440,282	-14.2%	3,450,869	1.3