JFrog profit margin FROG
Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.
- Net margin, 12 months
- −7.3%
- Operating margin, 12 months
- −11.5%
- Net margin on a year earlier
- +10.8 pts
- Peer median
- 15.6%
Over the twelve months to Jun 30, 2026, JFrog kept −7.3% of its revenue as net profit, with an operating margin of −11.5% and a gross margin of 77.9%.
Five years earlier its net margin was −17.1%.
The median for 10 infrastructure software stocks of a similar size is 15.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −13.5% | −17.3% | 76.8% |
| FY2024 | −16.2% | −21.3% | 77.1% |
| FY2023 | −17.5% | −21.6% | 78.0% |
| FY2022 | −32.2% | −32.1% | 77.8% |
| FY2021 | −31.1% | −33.1% | 79.8% |
| FY2020 | −6.2% | −9.4% | 81.1% |
| FY2019 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −7.3% | +10.8 pts | −11.5% | |
| Q1 FY26 | −10.9% | +6.6 pts | −14.5% | |
| Q4 FY25 | −13.5% | +2.7 pts | −17.3% | |
| Q3 FY25 | −15.9% | −1.9 pts | −19.1% | |
| Q2 FY25 | −18.2% | −5.8 pts | −22.0% | |
| Q1 FY25 | −17.5% | −4.2 pts | −21.6% | |
| Q4 FY24 | −16.2% | +1.3 pts | −21.3% | |
| Q3 FY24 | −14.0% | +8.3 pts | −19.8% | |
| Q2 FY24 | −12.4% | +14.2 pts | −17.8% | |
| Q1 FY24 | −13.3% | +17.5 pts | −18.6% | |
| Q4 FY23 | −17.5% | +14.7 pts | −21.6% | |
| Q3 FY23 | −22.2% | +11.9 pts | −25.8% |
Against its peers
Companies in Software - Infrastructure nearest JFrog's size, closest first, today.
| Company | Profit margin |
|---|---|
| FROGJFrog | −7.3% |
| PAYCPaycom Software | 22.8% |
| BSYBentley Systems | 18.1% |
| AKAMAkamai Technologies | 9.5% |
| MANHManhattan Associates | 18.7% |
| CACICaci International | 5.6% |
| GDDYGoDaddy | 17.8% |
| GENGen Digital | 20.7% |
| GWREGuidewire Software | 9.4% |
| DOCUDocusign | 9.8% |
| TYLTyler Technologies | 13.4% |
| Peer median | 15.6% |
Where JFrog ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on JFrog
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.