JFrog (FROG) FCF Margin (2019 - 2026)

JFrog (FROG) reported FCF Margin of 24.22% for Q1 2026, up 122.0% on a YoY basis from 10.91% in Q1 2025, and down 33.94% quarter-over-quarter from 36.66% in Q4 2025.

JFrog (FROG) FCF Margin (2019 - 2026) Analysis & Trends

JFrog has reported FCF Margin for 8 years, with the latest figure at 24.22% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 122.0% year-over-year to 24.22%; the trailing twelve-month figure through Mar 2026 stood at 27.48% (up 100.0% YoY), and the FY2025 full-year result was 27.39%, up 224.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 24.22%, down from 36.66% in the prior quarter.
  • The five-year high for FCF Margin was 41.77% in Q4 2024, with the low at 1.75% in Q1 2023.
  • Historically, FCF Margin has averaged 20.1% across 5 years, with a median of 21.04% in 2025.
  • The largest YoY upside for FCF Margin was 4005 bps in 2022 against a maximum downside of 3269 bps in 2022.
  • JFrog's FCF Margin stood at 13.93% in 2022, then soared by 149 bps to 34.72% in 2023, then advanced by 20 bps to 41.77% in 2024, then fell by 12 bps to 36.66% in 2025, then tumbled by 34 bps to 24.22% in 2026.
  • The last three FCF Margin figures came in at 24.22% (Q1 2026), 36.66% (Q4 2025), and 21.04% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn 36.77%
2 Full Truck Alliance 171.61 Bn 169.06 Bn - -
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn 58.89%
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn 17.31%
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn 15.02%
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn 41.64%
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn 20.82%
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn 45.65%
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn 36.83%
10 JFrog 9.76 Bn 9.02 Bn 120.38 Mn 24.22%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.22%
Dec 31, 2025 36.66%
Sep 30, 2025 21.04%
Jun 30, 2025 27.87%
Mar 31, 2025 22.99%
Dec 31, 2024 41.77%
Sep 30, 2024 24.49%
Jun 30, 2024 15.49%
Mar 31, 2024 16.58%
Dec 31, 2023 34.72%
Sep 30, 2023 28.65%
Jun 30, 2023 19.25%
Mar 31, 2023 -1.75%
Dec 31, 2022 13.93%
Sep 30, 2022 5.31%
Jun 30, 2022 4.37%
Mar 31, 2022 6.10%
Dec 31, 2021 28.06%
Sep 30, 2021 -34.74%
Jun 30, 2021 37.06%