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| Date | Value |
|---|---|
| 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% |