Filing Flows › JFrog (FROG) › Q4 2025
JFrog (FROG) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 13, 2026
JFrog (FROG) reported revenue of $145M for the fourth quarter 2025 (Q4 2025), +25% from a year earlier and +6% from the quarter before. Operating margin was -14.7%, net loss $15.2M (10.5% of revenue).
JFrog, Q4 2025: revenue $145M (+25% year over year), operating margin -14.7%, net loss $15.2M, operating cash flow $50.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $145M | +6% | +25% |
| Operating profit | −$21.3M | — | — |
| Net earnings | −$15.2M | — | — |
| Operating cash flow | $50.7M | +68% | +3% |
| Free cash flow | $49.9M | — | +3% |
What changed
Revenue was $145.3M in Q4 2025, up 25% year over year and up 6% from the previous quarter. Saas was the largest line at 48% of revenue.
Gross margin was 77.9%, up 2.4 points from a year earlier. Operating costs exceeded revenue by $21.3M, an operating margin of -14.7%. Operating expenses grew 19% against revenue growth of 25%. The fastest-growing cost line was Sales & marketing (+19%). The quarter ended with a net loss of $15.2M, narrower than the previous quarter's $16.4M loss. Non-operating items added $6.9M, -48% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $50.7M (up 3% year over year). Non-cash charges added back $5.6M of depreciation and amortization and $40.9M of share-based compensation. Working capital and other items added $19.4M. After purchases of property and equipment ($840K), free cash flow as the company reports it was $49.9M.
Questions
What was JFrog's revenue in the fourth quarter 2025?
JFrog (FROG) reported revenue of $145M for the fourth quarter 2025 (Q4 2025), +25% from a year earlier and +6% from the quarter before.
Was JFrog profitable in the fourth quarter 2025?
Operating loss was $21.3M (-14.7% of revenue) and net loss $15.2M.
Source: JFrog 10-K on SEC EDGAR.