JFrog Ltd.

Latest Results (07.10.2025):

JFrog Ltd. reported robust financial performance for the second quarter of 2025, showcasing significant growth in revenues and cloud services. The company continues to strengthen its position in the DevOps and AI ecosystems, driven by strategic partnerships and product innovations.

Total Revenue Growth

JFrog Ltd. achieved total revenues of $127.2 million in Q2 2025, marking a 23% increase compared to the same quarter last year. This growth underscores the company’s expanding market presence and effective sales strategies.

Cloud Revenue Surge

Cloud revenues reached $57.1 million, reflecting a substantial 45% year-over-year growth. Cloud services now constitute 45% of total revenue, up from 38% in the previous year, highlighting the increasing demand for cloud-based solutions.

Customer Base Expansion

The number of customers with an Annual Recurring Revenue (ARR) exceeding $1 million rose to 61, a 45% increase from the prior year. Additionally, customers with ARR over $100K grew to 1,076, up from 928, indicating strong customer acquisition and retention.

Operational Efficiency

JFrog reported a GAAP Gross Profit of $97.0 million with a Gross Margin of 76.3%. On a non-GAAP basis, Gross Profit was $105.7 million with an 83.1% margin. The company also achieved a Non-GAAP Operating Income of $19.4 million, demonstrating improved operational efficiency.

Strategic Partnerships and Innovation

The company deepened its collaboration with NVIDIA through the “Enterprise AI Factory” initiative and launched a remote MCP server to enhance AI interactions with the JFrog Platform. These advancements position JFrog as a leader in the AI and MLOps sectors.

Financial Position

JFrog maintains a strong liquidity position with $611.7 million in cash, cash equivalents, and investments as of June 30, 2025. The company also reported an operating cash flow of $36.1 million and a free cash flow of $35.5 million, ensuring continued investment in growth initiatives.