JFrog
Connects software artifacts, security, release governance and AI delivery across cloud and self-hosted environments.
Something off on this page? Send us feedback.
Profile
Provides a subscription software-supply-chain platform centered on Artifactory, with security, release governance, connected-device delivery and AI/model operations layered around it. Offered through SaaS and self-hosted deployments, the business is majority-US with material international revenue and depends on customers centralizing artifacts and release evidence in JFrog.
Sells subscriptions to a unified software-supply-chain platform through SaaS and self-hosted deployments. Artifactory anchors the platform as a system of record for packages and machine-learning models, while Xray, Curation, Advanced Security and Runtime apply policy and security controls.
Extends delivery through Distribution and Connect, release governance through AppTrust, and model operations through AI Catalog and JFrog ML. The architecture keeps binaries, metadata, models, security findings and release evidence connected across public-cloud, private-cloud, on-premises, multi-cloud and hybrid environments.
Serves a majority-US revenue base with a material international contribution. The subscription business depends on customers centralizing artifacts and release evidence in JFrog while adopting cloud, security, governance and AI workflows, and it competes category by category with developer platforms, artifact managers, security vendors, cloud providers and internal tools.
Company facts
Categories
Key statistics
Year to date +65.6% · Average volume (30d) 2.3M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 25, 2026 | RBC Capital | Initiate | Outperform | $118 | |
| Aug 7, 2026 | Truist Financial | Target | $105 | $110 | |
| Aug 7, 2026 | Raymond James | Target | $80 | $120 | |
| Aug 7, 2026 | DA Davidson | Reiterate | Buy | $90 | $115 |
| Aug 7, 2026 | UBS | Reiterate | Buy | $110 | $120 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q2 FY26 | $0.24 | $0.27 | +12.3% | $155.6M | $163.8M | +5.2% | +7.80% |
| May 7, 2026Q1 FY26 | $0.21 | $0.27 | +26.6% | $147.4M | $154.0M | +4.4% | +23.73% |
| Feb 12, 2026Q4 FY25 | $0.19 | $0.22 | +15.8% | $138.1M | $145.3M | +5.2% | −3.04% |
| Nov 6, 2025Q3 FY25 | $0.16 | $0.22 | +34.4% | $128.3M | $136.9M | +6.7% | +26.96% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $122.4M | $127.2M | $136.9M | $145.3M | $154.0M | $163.8M | |
| Gross profit | $92.2M | $97.0M | $106.0M | $113.1M | $120.4M | $127.6M | |
| Operating income | −$23.0M | −$25.5M | −$21.6M | −$19.4M | −$12.9M | −$13.2M | |
| Net income | −$18.5M | −$21.7M | −$16.4M | −$15.2M | −$8.3M | −$4.2M | |
| Diluted EPS | −$0.16 | −$0.19 | −$0.14 | −$0.13 | −$0.07 | −$0.03 | |
| Gross margin | 75.3% | 76.3% | 77.4% | 77.9% | 78.2% | 77.9% | |
| Operating margin | -18.8% | -20.0% | -15.8% | -13.3% | -8.4% | -8.1% |
Fiscal years (4-quarter sums)FY21 $206.7M · FY22 $280.0M · FY23 $349.9M · FY24 $428.5M · FY25 $531.8M
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $824.5M · Total debt $14.6M · Total assets $1.49B · Shareholders' equity $960.7M
Dividends
No dividends on record.
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 121.12M · Float 106.54M · 88.0% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 7.32M | 6.00% | 13G | Jul 28, 2026 |
| Vanguard Portfolio Management LLC | 6.34M | 5.23% | 13F | Aug 13, 2026 |
| Yoav Landman · director, officer: CHIEF TECHNOLOGY OFFICER | 5.45M | 4.50% | Form 4 | Aug 17, 2026 |
| JPMorgan Chase & Co | 5.18M | 4.28% | 13F | Aug 12, 2026 |
| Ben Haim Shlomi · director, officer: CHIEF EXECUTIVE OFFICER | 4.56M | 3.77% | Form 4 | Aug 11, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 13, 2026 | Yoav Landman | director, officer: CHIEF TECHNOLOGY OFFICER | −45,000 | $90.86 |
| Aug 13, 2026 | Frederic Simon | director | −120,000 | $90.86 |
| Aug 7, 2026 | Ben Haim Shlomi | director, officer: CHIEF EXECUTIVE OFFICER | −15,000 | $91.00 |
| Jul 23, 2026 | Barry Zwarenstein | director | −1,250 | $80.10 |
| Jul 17, 2026 | Yoav Landman | director, officer: CHIEF TECHNOLOGY OFFICER | −45,000 | $87.23 |
Peers
- Microsoft
Broad DevOps rival across packages, CI/CD, and supply-chain security
- GitLab
Direct DevSecOps rival spanning packages, CI/CD, and application security
- Amazon
Cloud-native rival in managed packages and container registries
- Alphabet Class A
Cloud-native rival in artifact storage, scanning, and deploy policy
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| JFrog | $98.00 | −0.63% | $11.96B | — | 100.0 | 19.9 | +28.7% |
| Microsoft | $513.06 | −0.06% | $3.81T | 28.6 | 26.2 | 11.5 | +17.8% |
| GitLab | $44.84 | −0.08% | $7.58B | — | 55.4 | 7.5 | +23.2% |
| Amazon | $266.10 | −0.11% | $2.87T | 21.4 | 28.5 | 3.7 | +19.6% |
| Alphabet Class A | $346.00 | −0.14% | $4.19T | 17.4 | 25.8 | 9.4 | +24.2% |
| Median | 21.4 | 27.4 | 8.5 | +21.4% |