BullFrog AI Holdings (BFRG) Retained Earnings (2021 - 2025)
BullFrog AI Holdings' (BFRG) quarterly Retained Earnings came in at -$23.3 million in Q4 2025, down 38.69% YoY from -$38.0 million in Q4 2024, and down 6.79% on a QoQ basis from -$21.8 million in Q3 2025.
BullFrog AI Holdings (BFRG) Retained Earnings (2021 - 2025) Analysis & Trends
BullFrog AI Holdings (BFRG) has 5 years of Retained Earnings data on file, last reported at -$23.3 million in Q4 2025.
- Quarterly Retained Earnings fell 38.69% year-over-year to -$23.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$23.3 million (down 38.69% YoY) and the FY2025 annual result came in at -$23.3 million, down 38.69% from the prior year.
- Retained Earnings slipped to -$23.3 million in Q4 2025, from -$21.8 million in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $22.4 million in Q2 2025 to a low of -$23.3 million in Q4 2025.
- A 5-year average of -$2.6 million and a median of -$6.5 million in 2023 frame the typical range for Retained Earnings.
- Annual changes were most pronounced in 2022 — Retained Earnings slumped 848.88% — and 2023, when it surged 380.68%.
- Tracing BFRG's Retained Earnings over 5 years: stood at $587415.0 in 2021, then tumbled by 848.88% to -$4.4 million in 2022, then surged by 380.68% to $12.3 million in 2023, then sank by 236.01% to -$16.8 million in 2024, then plunged by 38.69% to -$23.3 million in 2025.
- The last three Retained Earnings figures came in at -$23.3 million (Q4 2025), -$21.8 million (Q3 2025), and $22.4 million (Q2 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | -19.79 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 38.43 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 1.90 Bn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -1.54 Bn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 1.32 Bn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -12.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 4.02 Bn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 1.04 Bn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 1.41 Bn |
| 10 | BullFrog AI Holdings | 6.51 Mn | 4.22 Mn | - | -23.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -23.29 Mn |
| Sep 30, 2025 | -21.81 Mn |
| Jun 30, 2025 | 22.45 Mn |
| Mar 31, 2025 | 22.06 Mn |
| Dec 31, 2024 | -16.79 Mn |
| Sep 30, 2024 | 18.87 Mn |
| Jun 30, 2024 | -13.29 Mn |
| Mar 31, 2024 | -11.68 Mn |
| Dec 31, 2023 | 12.35 Mn |
| Sep 30, 2023 | -8.46 Mn |
| Jun 30, 2023 | -7.21 Mn |
| Mar 31, 2023 | -5.72 Mn |
| Dec 31, 2022 | -4.40 Mn |
| Dec 31, 2021 | 587,415.00 |