JFrog’s Revenue Breakdown by Segment (2019-2022)

This statistic highlights JFrog’s Revenue by Segment, split between License and Subscriptions segments, reported on a quarterly basis from Q3 2019 onwards.

JFrog set out on its journey in 2008, with the mission to transform the way enterprises manage and release software updates. They’ve realized that the world has changed. Users now expect their software to update continuously, without them even knowing. With this idea, they’ve developed the world’s first universal artefact management platform, ushering in a new era in DevOps of Continuous Updates.

JFrog’s Revenue by Segment

(All figures in millions, except for percentages)

According to the given data, JFrogs’ revenue increased from $43 million in Q4 2020 to $59 million in Q4 2021, marking a year-on-year increase of 38%. Similarly, in Q3 2021, the company generated a revenue of $54 million, while in Q4 2021, it jumps to $59 million, showing a quarter-on-quarter increase of 10%. The company’s revenues comprise of revenue from self-managed subscriptions and SaaS subscriptions.

The Subscription—self managed and SaaS segment of the company is the major revenue contributor for the company, with a revenue contribution of 91% of the total revenue of JFrog in Q4 2021. On the other hand, the License—self-managed segment of the company contributes 9% to the total revenue generated in Q4 2021.

JFrog’s total revenue can be further bifurcated into the following:

License—Self-Managed

The license component of their self-managed subscriptions reflects the revenue recognized by providing customers with access to proprietary software features. License revenue is recognized upfront when the software license is made available to the customer.

JFrogs’ revenue from this segment increased from $3.9 million in Q4 2020 to $5.1 million in Q4 2021, marking a year-on-year increase of 31%. Also, the revenue from this segment increased from $4.5 million in Q3 2021 to $5.1 million in Q4 2021, marking a quarter-on-quarter increase of 14%. This segment has contributed 9% of the total revenue generated by the company in the latest quarter of Q4 2021.

Subscription—Self-Managed and SaaS

The revenue from the company’s Subscription—Self-managed and SaaS segment is generated from the sale of subscriptions for their self-managed software products and revenue from the SaaS subscriptions. For subscriptions to self-managed software products, the revenue is recognized over the subscription term. For SaaS subscriptions, the revenue is termed as based on usage as the usage occurs over the contract period.

JFrogs’ revenue from this segment increased from $39 million in Q4 2020 to $54 million in Q4 2021, marking a year-on-year increase of 40%. Further, the revenue from this segment increases from $49 million in Q3 2021 to $54 million in Q4 2021, marking a quarter-on-quarter increase of 10%. Moreover, this segment is the major contributor of revenue for the company and has contributed 91% of the total revenue generated by JFrog in the latest quarter of Q4 2021.

About JFrog Inc

Shlomi Ben Haim established Frog Inc. on 28 April 2008. JFrog’s offices are located in Netanya, Israel, California, though it’s an American Company with its headquarters in Sunnyvale, California. The company is engaged in designing computer systems and related services. They provide an end-to-end, hybrid, universal DevOps Platform that powers the software supply chain, enabling organizations to continuously deliver software updates across any system. This platform is the crucial joint between software deployment and development of that software, paving the way for the modern DevOps paradigm. They capacitate users to develop and release software faster and securely while empowering developers to be more efficient. 

They enable organizations to securely store all package types in a common repository where they can be edited, tracked, and managed. Their integrated platform links all of the software release processes involved in developing and releasing software, enabling continuous releases. They empower their customers to shorten their software release cycles and enable the continuous flow of current, up-to-date software from any source to any destination. Their platform is designed to be agnostic to the programming languages, source code repositories, and development technologies that their customers use, and the type of production environments to which they deploy. The common stock of the company is listed under the ticker “FROG” on the NASDAQ.

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