JFrog (FROG) Operating Expenses (2019 - 2026)

Over the trailing twelve months to Jun 30, 2026, JFrog reported Operating Expenses of $536.23 million, up 15.9% year-over-year; for FY2025, it came in at $500.24 million, up 18.7% from FY2024.

• Operating Expenses has increased in each of the last seven years, with a five-year compound annual growth rate of 29.6% (FY2020 to FY2025).
• Going back by year, Operating Expenses was $421.29 million in FY2024 (+20.9%), $348.39 million in FY2023 (+13.3%), $307.59 million in FY2022 (+31.9%) and $233.23 million in FY2021 (+70.8%).
• The Q2 2026 figure represents the highest quarterly Operating Expenses in data going back to Q3 2019.
• Year-over-year, Operating Expenses has increased for 24 consecutive quarters, with growth averaging 19.6% over the last eight quarters.
• Across the past five years, year-over-year growth in Operating Expenses ran from 9.3% in Q3 2023 to 70.6% in Q3 2021.
• Business Quant data shows FROG's Operating Expenses at $133.31 million (Q1 2026), $134.46 million (Q4 2025) and $127.6 million (Q3 2025) in the three quarters before Q2 2026.