JFrog (FROG) EV to FCF (2020 - 2026)
JFrog's (FROG) quarterly EV to FCF came in at 192.71 in Q2 2026, up 51.86% on a YoY basis from 126.9 in Q2 2025, and up 45.31% quarter-over-quarter from 132.61 in Q1 2026.
Analysis
JFrog (FROG) EV to FCF (2020 - 2026) Analysis & Trends
JFrog (FROG) has reported EV to FCF for 7 consecutive years, with 192.71 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to FCF rose 51.86% year-over-year to 192.71; the trailing twelve-month figure through Jun 2026 stood at 61.04 (up 88.27% YoY), and the FY2025 full-year result was 47.56, up 83.47% from the prior year.
- EV to FCF grew to 192.71 in Q2 2026 per FROG's latest filing, from 132.61 in the prior quarter.
- Across five years, EV to FCF topped out at 573.75 in Q1 2022 and bottomed at 1117.6 in Q1 2023.
- Historically, EV to FCF has averaged 143.68 across 5 years, with a median of 141.94 in 2023.
- The sharpest annual moves came in 2022 and 2023: EV to FCF surged 408.29% in 2022, then slumped 294.79% in 2023.
- Over 5 years, EV to FCF stood at 266.1 in 2022, then sank by 63.24% to 97.81 in 2023, then slumped by 41.08% to 57.63 in 2024, then soared by 135.52% to 135.73 in 2025, then jumped by 41.98% to 192.71 in 2026.
- According to Business Quant data, EV to FCF over the past three periods registered 192.71, 132.61, and 135.73 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unity Software | 18.33 Bn | 16.24 Bn | 434.76 Mn |
| 2 | JFrog | 10.78 Bn | 9.95 Bn | 127.62 Mn |
| 3 | Gitlab | 8.28 Bn | 7.07 Bn | 240.62 Mn |
| 4 | Aurora Mobile | 4.87 Bn | 4.85 Bn | 10.20 Mn |
| 5 | Progress Software | 1.82 Bn | 1.72 Bn | 208.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 192.71 |
| Mar 31, 2026 | 132.61 |
| Dec 31, 2025 | 135.73 |
| Sep 30, 2025 | 171.75 |
| Jun 30, 2025 | 126.90 |
| Mar 31, 2025 | 110.23 |
| Dec 31, 2024 | 57.63 |
| Sep 30, 2024 | 103.80 |
| Jun 30, 2024 | 221.74 |
| Mar 31, 2024 | 253.25 |
| Dec 31, 2023 | 97.81 |
| Sep 30, 2023 | 84.96 |
| Jun 30, 2023 | 148.15 |
| Mar 31, 2023 | -1,117.60 |
| Dec 31, 2022 | 266.10 |
| Sep 30, 2022 | 466.01 |
| Jun 30, 2022 | 560.64 |
| Mar 31, 2022 | 573.75 |
| Dec 31, 2021 | 148.53 |
| Sep 30, 2021 | -151.16 |