JFrog (FROG) Operating Expenses (2019 - 2026)
JFrog (FROG) reported Operating Expenses of $133.3 million for Q1 2026, up 244.48% on a YoY basis from $38.7 million in Q1 2025, and down 64.92% quarter-over-quarter from $380.0 million in Q4 2025.
JFrog (FROG) Operating Expenses (2019 - 2026) Analysis & Trends
JFrog has reported Operating Expenses for 8 years, with the latest figure at $133.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 244.48% year-over-year to $133.3 million; the trailing twelve-month figure through Mar 2026 stood at $594.8 million (up 106.62% YoY), and the FY2025 full-year result was $500.2 million, up 18.74% from the prior year.
- Operating Expenses for Q1 2026 stood at $133.3 million, down from $380.0 million in the prior quarter.
- The five-year high for Operating Expenses was $380.0 million in Q4 2025, with the low at $35.9 million in Q3 2024.
- Historically, Operating Expenses has averaged $96.2 million across 5 years, with a median of $84.6 million in 2023.
- Annual changes were most pronounced in 2025 — Operating Expenses sank 59.83% — and 2026, when it soared 244.48%.
- JFrog's Operating Expenses stood at $84.1 million in 2022, then climbed by 9.63% to $92.2 million in 2023, then grew by 22.52% to $113.0 million in 2024, then jumped by 236.37% to $380.0 million in 2025, then tumbled by 64.92% to $133.3 million in 2026.
- The last three Operating Expenses figures came in at $133.3 million (Q1 2026), $380.0 million (Q4 2025), and $39.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -269.42 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.16 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 6.22 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 1.04 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 2.33 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 3.67 Bn |
| 10 | JFrog | 9.43 Bn | 8.69 Bn | 120.38 Mn | 133.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 133.31 Mn |
| Dec 31, 2025 | 380.04 Mn |
| Sep 30, 2025 | 39.74 Mn |
| Jun 30, 2025 | 41.76 Mn |
| Mar 31, 2025 | 38.70 Mn |
| Dec 31, 2024 | 112.98 Mn |
| Sep 30, 2024 | 35.94 Mn |
| Jun 30, 2024 | 100.28 Mn |
| Mar 31, 2024 | 96.34 Mn |
| Dec 31, 2023 | 92.22 Mn |
| Sep 30, 2023 | 86.94 Mn |
| Jun 30, 2023 | 84.63 Mn |
| Mar 31, 2023 | 84.61 Mn |
| Dec 31, 2022 | 84.12 Mn |
| Sep 30, 2022 | 79.53 Mn |
| Jun 30, 2022 | 74.97 Mn |
| Mar 31, 2022 | 68.97 Mn |
| Dec 31, 2021 | 68.98 Mn |
| Sep 30, 2021 | 63.16 Mn |
| Jun 30, 2021 | 53.82 Mn |