JFrog (FROG) Operating Expenses (2019 - 2026)

JFrog (FROG) posted Operating Expenses of $133.3 million for Q1 2026, down 0.86% on a QoQ basis from $134.5 million in Q4 2025, and up 244.48% year-over-year from $38.7 million in Q1 2025.

JFrog (FROG) Operating Expenses (2019 - 2026) Analysis & Trends

JFrog's Operating Expenses history runs 8 years deep, the most recent figure standing at $133.3 million for Q1 2026.

  • Quarterly Operating Expenses rose 244.48% year-over-year to $133.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $349.3 million (up 59.27% YoY) and the FY2025 annual result came in at $500.2 million, up 18.74% from the prior year.
  • Operating Expenses was $133.3 million for Q1 2026 at JFrog, down from $134.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $134.5 million in Q4 2025 and bottomed at -$138.7 million in Q4 2023.
  • A 5-year average of $60.0 million and a median of $75.0 million in 2022 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses plunged 264.89% — and 2026, when it soared 244.48%.
  • JFrog's Operating Expenses stood at $84.1 million in 2022, then plunged by 264.89% to -$138.7 million in 2023, then surged by 181.46% to $113.0 million in 2024, then advanced by 19.01% to $134.5 million in 2025, then decreased by 0.86% to $133.3 million in 2026.
  • Business Quant data shows FROG's Operating Expenses at $133.3 million in Q1 2026, $134.5 million in Q4 2025, and $39.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -269.42 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.16 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 11.28 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.22 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 4.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.25 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.04 Bn
10 JFrog 9.76 Bn 9.02 Bn 120.38 Mn 133.31 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 133.31 Mn
Dec 31, 2025 134.46 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 31.68 Mn
Mar 31, 2024 25.53 Mn
Dec 31, 2023 -138.70 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