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JFrog Ltd provides an end-to-end, hybrid, universal DevOps Platform that powers and controls the software supply chain, enabling organizations to continuously and securely deliver software updates across any system. Its product portfolio includes JFrog Artifactory; JFrog Pipelines; JFrog Xray; JFrog Distribution; JFrog Artifactory Edge; JFrog Mission Control and JFrog Insight. Geographically, it derives a majority of revenue from Israel and also has its presence in United States, India and other regions.
2008
1.6K+
LTM Revenue $449M
LTM EBITDA $81.2M
$3.1B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
JFrog has a last 12-month revenue of $449M and a last 12-month EBITDA of $81.2M.
In the most recent fiscal year, JFrog achieved revenue of $428M and an EBITDA of -$69.6M.
JFrog expects next 12-month revenue of XXX and NTM EBITDA of XXX
See JFrog valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $350M | $428M | XXX | XXX | XXX |
| Gross Profit | $218M | $273M | XXX | XXX | XXX |
| Gross Margin | 62% | 64% | XXX | XXX | XXX |
| EBITDA | -$60.2M | -$69.6M | XXX | XXX | XXX |
| EBITDA Margin | -17% | -16% | XXX | XXX | XXX |
| Net Profit | -$90.2M | -$61.3M | XXX | XXX | XXX |
| Net Margin | -26% | -14% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of April 15, 2025, JFrog's stock price is $31.
JFrog has current market cap of $3.6B, and EV of $3.1B.
See JFrog trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3.1B | $3.6B | XXX | XXX | XXX | XXX | $0.66 |
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Sign UpAs of April 15, 2025, JFrog has market cap of $3.6B and EV of $3.1B.
JFrog's trades at 6.8x LTM EV/Revenue multiple, and 37.9x LTM EBITDA.
Analysts estimate JFrog's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for JFrog and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $3.1B | XXX | XXX | XXX |
| EV/Revenue | 7.2x | XXX | XXX | XXX |
| EV/EBITDA | -44.1x | XXX | XXX | XXX |
| P/E | -51.7x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | 28.5x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpJFrog's NTM/LTM revenue growth is 17%
JFrog's revenue per employee for the last fiscal year averaged $0.3M, while opex per employee averaged $0.3M for the same period.
Over next 12 months, JFrog's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate JFrog's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for JFrog and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 22% | XXX | XXX | XXX | XXX |
| EBITDA Margin | -16% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 16% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 0% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.3M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.3M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 44% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 16% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 38% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 98% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Railtown AI | XXX | XXX | XXX | XXX | XXX | XXX |
| Qt Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Juhe Data | XXX | XXX | XXX | XXX | XXX | XXX |
| Suresofttech | XXX | XXX | XXX | XXX | XXX | XXX |
| Cirata | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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JFrog acquired XXX companies to date.
Last acquisition by JFrog was XXXXXXXX, XXXXX XXXXX XXXXXX . JFrog acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was JFrog founded? | JFrog was founded in 2008. |
| Where is JFrog headquartered? | JFrog is headquartered in United States of America. |
| How many employees does JFrog have? | As of today, JFrog has 1.6K+ employees. |
| Who is the CEO of JFrog? | JFrog's CEO is Mr. Shlomi Ben Haim. |
| Is JFrog publicy listed? | Yes, JFrog is a public company listed on NAS. |
| What is the stock symbol of JFrog? | JFrog trades under FROG ticker. |
| When did JFrog go public? | JFrog went public in 2020. |
| Who are competitors of JFrog? | Similar companies to JFrog include e.g. Railtown AI, Qt Group, Juhe Data, Suresofttech. |
| What is the current market cap of JFrog? | JFrog's current market cap is $3.6B |
| What is the current revenue of JFrog? | JFrog's last 12-month revenue is $449M. |
| What is the current EBITDA of JFrog? | JFrog's last 12-month EBITDA is $81.2M. |
| What is the current EV/Revenue multiple of JFrog? | Current revenue multiple of JFrog is 6.8x. |
| What is the current EV/EBITDA multiple of JFrog? | Current EBITDA multiple of JFrog is 37.9x. |
| What is the current revenue growth of JFrog? | JFrog revenue growth between 2023 and 2024 was 22%. |
| Is JFrog profitable? | Yes, JFrog is EBITDA-positive (as of the last 12 months). |
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