Jfrog Ltd
NASDAQ:FROG
Income Statement
Earnings Waterfall
Jfrog Ltd
Income Statement
Jfrog Ltd
| Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||
| Revenue |
64
N/A
|
72
+13%
|
82
+14%
|
93
+14%
|
105
+13%
|
116
+11%
|
128
+10%
|
139
+9%
|
151
+9%
|
163
+8%
|
175
+7%
|
190
+8%
|
207
+9%
|
225
+9%
|
244
+8%
|
263
+7%
|
280
+7%
|
296
+6%
|
313
+6%
|
329
+5%
|
350
+6%
|
370
+6%
|
389
+5%
|
410
+5%
|
428
+5%
|
451
+5%
|
475
+5%
|
503
+6%
|
532
+6%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||
| Cost of Revenue |
(11)
|
(12)
|
(14)
|
(17)
|
(20)
|
(23)
|
(25)
|
(26)
|
(29)
|
(30)
|
(33)
|
(37)
|
(42)
|
(47)
|
(53)
|
(58)
|
(62)
|
(67)
|
(70)
|
(74)
|
(77)
|
(79)
|
(83)
|
(90)
|
(98)
|
(108)
|
(116)
|
(120)
|
(123)
|
|
| Gross Profit |
53
N/A
|
59
+12%
|
67
+14%
|
76
+13%
|
85
+12%
|
94
+11%
|
103
+10%
|
112
+9%
|
122
+9%
|
133
+8%
|
142
+7%
|
153
+7%
|
165
+8%
|
178
+8%
|
191
+7%
|
205
+7%
|
218
+6%
|
229
+5%
|
243
+6%
|
255
+5%
|
273
+7%
|
291
+7%
|
307
+5%
|
319
+4%
|
330
+3%
|
343
+4%
|
359
+5%
|
383
+7%
|
408
+7%
|
|
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Expenses |
(79)
|
(85)
|
(91)
|
(83)
|
(90)
|
(99)
|
(106)
|
(117)
|
(135)
|
(154)
|
(179)
|
(202)
|
(224)
|
(243)
|
(262)
|
(279)
|
(297)
|
(312)
|
(321)
|
(330)
|
(341)
|
(355)
|
(372)
|
(396)
|
(416)
|
(433)
|
(456)
|
(472)
|
(494)
|
|
| Selling, General & Administrative |
(53)
|
(58)
|
(62)
|
(57)
|
(60)
|
(67)
|
(71)
|
(80)
|
(94)
|
(109)
|
(127)
|
(140)
|
(149)
|
(156)
|
(165)
|
(174)
|
(184)
|
(192)
|
(197)
|
(203)
|
(212)
|
(223)
|
(234)
|
(248)
|
(255)
|
(265)
|
(277)
|
(286)
|
(300)
|
|
| Research & Development |
(26)
|
(28)
|
(29)
|
(26)
|
(29)
|
(32)
|
(34)
|
(36)
|
(40)
|
(44)
|
(51)
|
(62)
|
(74)
|
(85)
|
(96)
|
(104)
|
(112)
|
(119)
|
(123)
|
(126)
|
(127)
|
(131)
|
(137)
|
(146)
|
(157)
|
(164)
|
(174)
|
(182)
|
(191)
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(4)
|
(3)
|
|
| Operating Income |
(26)
N/A
|
(26)
+0%
|
(24)
+9%
|
(7)
+70%
|
(5)
+30%
|
(5)
-10%
|
(3)
+51%
|
(5)
-78%
|
(12)
-162%
|
(21)
-70%
|
(36)
-73%
|
(49)
-35%
|
(59)
-19%
|
(65)
-10%
|
(71)
-10%
|
(74)
-4%
|
(79)
-6%
|
(83)
-5%
|
(79)
+5%
|
(75)
+5%
|
(68)
+9%
|
(64)
+6%
|
(66)
-3%
|
(77)
-16%
|
(85)
-11%
|
(91)
-6%
|
(97)
-7%
|
(89)
+8%
|
(86)
+4%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||
| Interest Income Expense |
1
|
2
|
3
|
3
|
3
|
3
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
2
|
5
|
9
|
13
|
18
|
21
|
24
|
26
|
26
|
25
|
24
|
24
|
25
|
26
|
|
| Non-Reccuring Items |
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(5)
|
(10)
|
(12)
|
(14)
|
(13)
|
(11)
|
(11)
|
(12)
|
(10)
|
(8)
|
(5)
|
(3)
|
(4)
|
(6)
|
(7)
|
(7)
|
(7)
|
(6)
|
|
| Pre-Tax Income |
(26)
N/A
|
(25)
+2%
|
(22)
+11%
|
(6)
+74%
|
(4)
+33%
|
(4)
-18%
|
(2)
+54%
|
(4)
-114%
|
(12)
-177%
|
(21)
-72%
|
(37)
-76%
|
(53)
-43%
|
(68)
-29%
|
(76)
-13%
|
(84)
-10%
|
(85)
-1%
|
(85)
+1%
|
(85)
0%
|
(77)
+9%
|
(67)
+13%
|
(55)
+19%
|
(45)
+18%
|
(43)
+4%
|
(55)
-28%
|
(66)
-20%
|
(73)
-11%
|
(81)
-10%
|
(71)
+12%
|
(66)
+8%
|
|
| Net Income | ||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
3
|
6
|
7
|
7
|
3
|
0
|
(2)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(4)
|
(5)
|
(2)
|
(3)
|
(6)
|
(6)
|
(8)
|
(6)
|
|
| Income from Continuing Operations |
(26)
|
(26)
|
(23)
|
(7)
|
(5)
|
(6)
|
(4)
|
(6)
|
(9)
|
(15)
|
(30)
|
(45)
|
(64)
|
(76)
|
(87)
|
(90)
|
(90)
|
(91)
|
(83)
|
(73)
|
(61)
|
(49)
|
(48)
|
(57)
|
(69)
|
(79)
|
(86)
|
(80)
|
(72)
|
|
| Net Income (Common) |
(26)
N/A
|
(26)
+1%
|
(23)
+10%
|
(7)
+70%
|
(5)
+23%
|
(6)
-18%
|
(4)
+41%
|
(6)
-58%
|
(9)
-59%
|
(15)
-61%
|
(30)
-98%
|
(45)
-51%
|
(64)
-42%
|
(76)
-18%
|
(87)
-14%
|
(90)
-4%
|
(90)
-1%
|
(91)
-1%
|
(83)
+9%
|
(73)
+12%
|
(61)
+16%
|
(49)
+20%
|
(48)
+2%
|
(57)
-19%
|
(69)
-21%
|
(79)
-14%
|
(86)
-9%
|
(80)
+8%
|
(72)
+10%
|
|
| EPS (Diluted) |
-0.32
N/A
|
-0.31
+3%
|
-0.28
+10%
|
-0.08
+71%
|
-0.07
+12%
|
-0.08
-14%
|
-0.05
+38%
|
-0.07
-40%
|
-0.1
-43%
|
-0.17
-70%
|
-0.33
-94%
|
-0.48
-45%
|
-0.68
-42%
|
-0.78
-15%
|
-0.88
-13%
|
-0.91
-3%
|
-0.91
N/A
|
-0.92
-1%
|
-0.8
+13%
|
-0.72
+10%
|
-0.59
+18%
|
-0.47
+20%
|
-0.45
+4%
|
-0.53
-18%
|
-0.63
-19%
|
-0.71
-13%
|
-0.77
-8%
|
-0.7
+9%
|
-0.62
+11%
|
|