The story
Founded by Shlomi Ben Haim on Apr 28, 2008.1
FROG on Nasdaq
JFrog Ltd
Logo: jfrog.com4
Israeli devops company based in Sunnyvale, founded in 2008. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
Apr 28, 2008Founded1
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- TickerFROG on Nasdaq1
- IndustryDevOps, development and operations1
- HeadquartersSunnyvale1
- Websitejfrog.com
- Legal formpublic company1
- Incorporated inIsrael5
- Business address270 E Caribbean Drive, Sunnyvale, Ca 940895
- Filer categoryLarge accelerated filer5
- LEI2549002N8E00AY49G5673
- StatusActive3
- LEI statusIssued and current3
- Registered addressHaMahshev St 3, 4250713 Netanya, Israel3
- Registered withIsraeli Corporations Authority (Department of Justice), 5141304913
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The complimentary practices of DevOps, DevSecOps, DevGovOps, MLOps and AI development are converging within organizations, exposing new challenges in process, security, governance and compliance for software delivery. This unification continues to re-shape the composition of development teams, increase software volume, and expand enterprise digital footprints. As a pioneer in DevOps, DevSecOps, and DevGovOps, JFrog recognizes the unique potential of technology shifts and how they are best adopted within an organization.6 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
76.8%Gross margin7
-17.3%Operating margin7
-13.5%Net margin7
24.1%Revenue growth, 20257
-8.1%Return on equity7
$142.3MFree cash flow7
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Subscription brought in 49% of the revenue JFrog Ltd broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Subscription | $210.9M | $238.9M | $259.5M |
| SaaS | $119.3M | $168.0M | $243.3M |
| License | $19.7M | $21.6M | $29.0M |
Regions
United States brought in 60% of the revenue JFrog Ltd broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| United States | $215.6M | $258.9M | $316.5M |
| Rest Of World | $124.9M | $157.3M | $198.9M |
| Israel | $9.3M | $12.3M | $16.4M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue23¢$123.5M
- Research and development37¢$195.1M
- Other costs39¢$207.5M
- Income tax1¢$5.8M
Out of $531.8M in revenue.7 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending2¢$3.5M
- Kept or used elsewhere98¢$142.3M
Out of $145.7M of cash from operations.7
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total subscription revenue | $531.8M | $428.5M | $349.9M |
| Total cost of revenuesubscription | $123.5M | $98.3M | $77.0M |
| Gross profit | $408.4M | $330.2M | $272.8M |
| Research and development | $195.1M | $160.9M | $134.6M |
| Sales and marketing | $223.9M | $190.4M | $150.7M |
| General and administrative | $81.2M | $70.0M | $63.1M |
| Total operating expenses | $500.2M | $421.3M | $348.4M |
| Operating loss | -$91.9M | -$91.1M | -$75.5M |
| Interest and other income, net | $25.8M | $25.3M | $21.0M |
| Loss before income taxes | -$66.0M | -$65.8M | -$54.5M |
| Income tax expense | $5.8M | $3.4M | $6.7M |
| Net loss | -$71.8M | -$69.2M | -$61.3M |
| Net loss per share, basic | -$0.62 | -$0.63 | -$0.59 |
| Net loss per share, diluted | -$0.62 | -$0.63 | -$0.59 |
| Weighted-average shares used in computing net loss per share, basic | 116.2M shares | 109.7M shares | 103.3M shares |
| Weighted-average shares used in computing net loss per share, diluted | 116.2M shares | 109.7M shares | 103.3M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $75.8M | $49.9M | $84.8M | |
| Short-term investments | $628.6M | $472.1M | ||
| Accounts receivable, net | $119.9M | $90.7M | ||
| Deferred contract acquisition costs | $22.3M | $16.5M | ||
| Prepaid expenses and other current assets | $26.4M | $20.0M | ||
| Total current assets | $873.0M | $649.2M | ||
| Property and equipment, net | $5.5M | $5.7M | ||
| Deferred contract acquisition costs, noncurrent | $34.3M | $25.0M | ||
| Operating lease right-of-use assets | $12.1M | $14.2M | ||
| Intangible assets, net | $39.9M | $60.8M | ||
| Goodwill | $371.5M | $371.5M | $248.0M | |
| Other assets, noncurrent | $5.0M | $3.4M | ||
| Total assets | $1.3B | $1.1B | ||
| Accounts payable | $14.2M | $10.6M | ||
| Accrued expenses and other current liabilities | $78.0M | $51.9M | ||
| Operating lease liabilities | $5.8M | $7.8M | ||
| Deferred revenue | $309.6M | $247.2M | ||
| Total current liabilities | $407.5M | $317.5M | ||
| Deferred revenue, noncurrent | $32.4M | $27.1M | ||
| Operating lease liabilities, noncurrent | $6.7M | $6.2M | ||
| Other liabilities, noncurrent | $7.3M | $5.6M | ||
| Total liabilities | $453.9M | $356.4M | ||
| Preferred shares, NIS 0.01 par value per share; 50,000,000 shares authorized; 0 issued and outstanding as of December 31, 2025 and December 31, 2024 | $0 | $0 | ||
| Ordinary shares, NIS 0.01 par value per share, 500,000,000 shares authorized; and 119,615,355 and 112,754,822 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $335.0K | $315.0K | ||
| Additional paid-in capital | $1.3B | $1.1B | ||
| Accumulated other comprehensive income | $5.8M | $655.0K | ||
| Accumulated deficit | -$431.5M | -$359.7M | ||
| Total shareholders' equity | $887.4M | $773.5M | $679.1M | $624.8M |
| Total liabilities and shareholders' equity | $1.3B | $1.1B | ||
| Preferred stock par value | 0.01 ILS | 0.01 ILS | ||
| Preferred stock authorized | 50.0M shares | 50.0M shares | ||
| Preferred stock issued | 0 shares | 0 shares | ||
| Preferred stock Outstanding | 0 shares | 0 shares | ||
| Common stock par value | 0.01 ILS | 0.01 ILS | ||
| Common stock Authorized | 500.0M shares | 500.0M shares | ||
| Common stock issued | 119.6M shares | 112.8M shares | ||
| Common stock Outstanding | 119.6M shares | 112.8M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $75.8M | $49.9M | $84.8M | |
| Short-term investments | $628.6M | $472.1M | ||
| Accounts receivable, net | $119.9M | $90.7M | ||
| Deferred contract acquisition costs | $22.3M | $16.5M | ||
| Prepaid expenses and other current assets | $26.4M | $20.0M | ||
| Total current assets | $873.0M | $649.2M | ||
| Property and equipment, net | $5.5M | $5.7M | ||
| Deferred contract acquisition costs, noncurrent | $34.3M | $25.0M | ||
| Operating lease right-of-use assets | $12.1M | $14.2M | ||
| Intangible assets, net | $39.9M | $60.8M | ||
| Goodwill | $371.5M | $371.5M | $248.0M | |
| Other assets, noncurrent | $5.0M | $3.4M | ||
| Total assets | $1.3B | $1.1B | ||
| Accounts payable | $14.2M | $10.6M | ||
| Accrued expenses and other current liabilities | $78.0M | $51.9M | ||
| Operating lease liabilities | $5.8M | $7.8M | ||
| Deferred revenue | $309.6M | $247.2M | ||
| Total current liabilities | $407.5M | $317.5M | ||
| Deferred revenue, noncurrent | $32.4M | $27.1M | ||
| Operating lease liabilities, noncurrent | $6.7M | $6.2M | ||
| Other liabilities, noncurrent | $7.3M | $5.6M | ||
| Total liabilities | $453.9M | $356.4M | ||
| Preferred shares, NIS 0.01 par value per share; 50,000,000 shares authorized; 0 issued and outstanding as of December 31, 2025 and December 31, 2024 | $0 | $0 | ||
| Ordinary shares, NIS 0.01 par value per share, 500,000,000 shares authorized; and 119,615,355 and 112,754,822 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $335.0K | $315.0K | ||
| Additional paid-in capital | $1.3B | $1.1B | ||
| Accumulated other comprehensive income | $5.8M | $655.0K | ||
| Accumulated deficit | -$431.5M | -$359.7M | ||
| Total shareholders' equity | $887.4M | $773.5M | $679.1M | $624.8M |
| Total liabilities and shareholders' equity | $1.3B | $1.1B | ||
| Preferred stock par value | 0.01 ILS | 0.01 ILS | ||
| Preferred stock authorized | 50.0M shares | 50.0M shares | ||
| Preferred stock issued | 0 shares | 0 shares | ||
| Preferred stock Outstanding | 0 shares | 0 shares | ||
| Common stock par value | 0.01 ILS | 0.01 ILS | ||
| Common stock Authorized | 500.0M shares | 500.0M shares | ||
| Common stock issued | 119.6M shares | 112.8M shares | ||
| Common stock Outstanding | 119.6M shares | 112.8M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.7
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss | -$71.8M | -$69.2M | -$61.3M |
| Depreciation and amortization | $24.5M | $21.5M | $15.3M |
| Share-based compensation expense | $156.7M | $131.1M | $95.2M |
| Non-cash operating lease expense | $9.0M | $8.4M | $8.5M |
| Net amortization of premium or discount on investments | -$5.2M | -$6.6M | -$6.4M |
| Losses (gains) on foreign exchange | -$819.0K | $642.0K | -$421.0K |
| Accounts receivable | -$29.3M | -$13.5M | -$14.1M |
| Prepaid expenses and other assets | -$5.5M | -$7.8M | $2.2M |
| Deferred contract acquisition costs | -$15.1M | -$12.1M | -$7.8M |
| Accounts payable | $3.6M | -$7.3M | $1.7M |
| Accrued expenses and other liabilities | $20.8M | $13.8M | $10.7M |
| Operating lease liabilities | -$8.8M | -$8.1M | -$7.7M |
| Deferred revenue | $67.8M | $60.1M | $38.4M |
| Net cash provided by operating activities | $145.7M | $110.9M | $74.2M |
| Purchases of short-term investments | -$625.9M | -$513.6M | -$392.4M |
| Maturities of short-term investments | $477.1M | $409.9M | $336.9M |
| Sales of short-term investments | $0 | $98.2M | $4.0M |
| Purchases of property and equipment | -$3.5M | -$3.1M | -$2.0M |
| Payments for business combinations, net of cash acquired | $0 | -$156.7M | $0 |
| Net cash used in investing activities | -$152.3M | -$165.4M | -$53.5M |
| Proceeds from exercise of share options | $12.1M | $10.4M | $10.0M |
| Proceeds from employee share purchase plan | $11.9M | $8.7M | $6.7M |
| Proceeds from employee equity transactions, net of payments to tax authorities and employees | $7.2M | $2.1M | $1.7M |
| Net cash provided by financing activities | $31.2M | $21.2M | $18.4M |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | $1.3M | -$949.0K | $120.0K |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | $25.9M | -$34.1M | $39.2M |
| Purchase of property and equipment during the period included in accounts payable | $53.0K | $60.0K | $187.0K |
| Fair value of ordinary shares issued as consideration for business combination | $0 | $13.4M | $0 |
| Fair value of replacement awards in business combination | $0 | $375.0K | $0 |
No quarter-by-quarter statement was filed.
Leadership
Who has led JFrog Ltd, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
2010201520202025
- FounderShlomi Ben Haim1
- Chief executive officerBen Haim Shlomi Sep 15, 2020 to now15
- Chief financial officerEduard Grabscheid Jan 3, 2024 to now16
- Chief financial officerYakov (jacob) Shulman Sep 15, 2020 to Dec 27, 202317
Board members and other officers (15)
- Chief Revenue OfficerTali Notman Sep 15, 2020 to now18
- Chief Technology OfficerYoav Landman Sep 15, 2020 to now19
- Board memberSigal Zarmi Nov 3, 2025 to now20
- Board memberLuis Felipe Visoso Jul 25, 2024 to now21
- Board memberYvonne Wassenaar Sep 30, 2022 to now22
- Board memberMeerah Rajavel Dec 17, 2021 to Dec 17, 202123
- Board memberAndrew L. Vitus Sep 15, 2020 to now24
- Board memberBarry Zwarenstein Sep 15, 2020 to now25
- Board memberBen Haim Shlomi Sep 15, 2020 to now15
- Board memberElisa Steele Sep 15, 2020 to now26
- Board memberFrederic Simon Sep 15, 2020 to now27
- Board memberJeff Horing Sep 15, 2020 to Dec 18, 202328
- Board memberJessica Neal Sep 15, 2020 to May 22, 202429
- Board memberYoav Landman Sep 15, 2020 to now19
- Board memberYossi Sela Sep 15, 2020 to now30
Products and brands
- development and operations
Listed on Wikidata.1
Employees over time
- 20221,3001
Timeline
Filings
803 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 35 major events, 429 insider forms, 22 large holders, 297 other. The latest 20:
- Oct 9, 20264 EDGAR
- Oct 7, 20264 EDGAR
- Oct 5, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Sep 16, 20264 EDGAR
- Sep 14, 2026144 EDGAR
- Sep 14, 20264 EDGAR
- Sep 10, 20264 EDGAR
- Sep 10, 20264 EDGAR
- Sep 9, 20264 EDGAR
- Sep 8, 2026144 EDGAR
- Sep 8, 2026144 EDGAR
- Sep 4, 20264 EDGAR
- Sep 4, 20264 EDGAR
- Sep 3, 2026144 EDGAR
- Sep 3, 20264 EDGAR
- Sep 3, 20264 EDGAR
- Sep 1, 20264 EDGAR
- Aug 31, 20264 EDGAR
- Aug 28, 2026144 EDGAR
The 803 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
374 open-market trades by officers, directors and large owners since October 2021: 0 buys and 374 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 14, 2026 | ZWARENSTEIN BARRYDirector | Sale | 1,250 | $88.38 | $110.5K | Form 4 |
| Sep 8, 2026 | Notman TaliCHIEF REVENUE OFFICER | Sale | 18,794 | $86.98 | $1.6M | Form 4 |
| Sep 8, 2026 | Shlomi Ben HaimCHIEF EXECUTIVE OFFICER | Sale | 45,700 | $85.35 | $3.9M | Form 4 |
| Sep 4, 2026 | Landman YoavCHIEF TECHNOLOGY OFFICER | Sale | 45,000 | $89.27 | $4.0M | Form 4 |
| Sep 3, 2026 | Grabscheid EduardCHIEF FINANCIAL OFFICER | Sale | 8,436 | $91.60 | $772.7K | Form 4 |
| Sep 2, 2026 | Grabscheid EduardCHIEF FINANCIAL OFFICER | Sale | 8,780 | $90.51 | $794.7K | Form 4 |
| Sep 2, 2026 | Notman TaliCHIEF REVENUE OFFICER | Sale | 19,157 | $90.51 | $1.7M | Form 4 |
| Sep 2, 2026 | Shlomi Ben HaimCHIEF EXECUTIVE OFFICER | Sale | 37,232 | $90.51 | $3.4M | Form 4 |
| Sep 1, 2026 | Simon FredericDirector | Sale | 120,000 | $93.21 | $11.2M | Form 4 |
| Aug 28, 2026 | Steele ElisaDirector | Sale | 554 | $103.41 | $57.3K | Form 4 |
| Aug 27, 2026 | Landman YoavCHIEF TECHNOLOGY OFFICER | Sale | 249,300 | $100.72 | $25.1M | Form 4 |
| Aug 13, 2026 | Simon FredericDirector | Sale | 120,000 | $90.86 | $10.9M | Form 4 |
| Aug 13, 2026 | Landman YoavCHIEF TECHNOLOGY OFFICER | Sale | 45,000 | $90.86 | $4.1M | Form 4 |
| Aug 7, 2026 | Shlomi Ben HaimCHIEF EXECUTIVE OFFICER | Sale | 15,000 | $91.00 | $1.4M | Form 4 |
| Jul 23, 2026 | ZWARENSTEIN BARRYDirector | Sale | 1,250 | $80.10 | $100.1K | Form 4 |
| Jul 17, 2026 | Landman YoavCHIEF TECHNOLOGY OFFICER | Sale | 45,000 | $87.23 | $3.9M | Form 4 |
| Jul 16, 2026 | Sela YossiDirector | Sale | 25,000 | $87.43 | $2.2M | Form 4 |
| Jul 8, 2026 | Shlomi Ben HaimCHIEF EXECUTIVE OFFICER | Sale | 15,000 | $94.37 | $1.4M | Form 4 |
| Jul 7, 2026 | Landman YoavCHIEF TECHNOLOGY OFFICER | Sale | 700 | $99.00 | $69.3K | Form 4 |
| Jul 1, 2026 | Grabscheid EduardCHIEF FINANCIAL OFFICER | Sale | 561 | $92.61 | $52.0K | Form 4 |
All 374 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BlackRockSCHEDULE 13G, 1 filing Jul 28, 202631
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202632
- VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Feb 9, 2023 to Mar 27, 202633
- Ben Haim ShlomiSC 13G/A, 3 filings Feb 14, 2022 to Feb 13, 202434
- Frederic SimonSC 13G/A, 3 filings Feb 14, 2022 to Feb 13, 202435
- Gemini Israel V Limited PartnershipSC 13G/A, 3 filings Feb 7, 2022 to Feb 13, 202436
- Yoav LandmanSC 13G/A, 3 filings Feb 14, 2022 to Feb 13, 202437
- SAPPHIRE VENTURES, L.P.SC 13G/A, 2 filings Feb 11, 2022 to Feb 10, 202338
- Insight Venture Partners X, L.P.SC 13G/A, 1 filing Feb 10, 202239
- Scale Venture Partners IV, L.P.SC 13G/A, 1 filing Feb 7, 202240
Links
- Websitejfrog.com1
- X (Twitter)x.com/jfrog1
- Facebookwww.facebook.com/artifrog1
- LinkedInwww.linkedin.com/company/jfrog-ltd1
- WikidataQ98608948
- SEC EDGARCIK 1800667
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataJFrog Ltd on Wikidata
- 2SEC EDGARJFrog Ltd filings on SEC EDGAR
- 3
- 4Company websiteJFrog Ltd logo
- 5SEC EDGARJFrog Ltd filings on SEC EDGAR
- 6
- 7SEC EDGARJFrog Ltd 10-K for fiscal 2025
- 8SEC EDGARJFrog Ltd 10-K for fiscal 2019
- 9SEC EDGARJFrog Ltd 10-K for fiscal 2020
- 10SEC EDGARJFrog Ltd 10-K for fiscal 2021
- 11SEC EDGARJFrog Ltd 10-K for fiscal 2022
- 12SEC EDGARJFrog Ltd 10-Q for fiscal 2026
- 13SEC EDGARJFrog Ltd 10-Q for fiscal 2026
- 14SEC EDGARJFrog Ltd 10-K for fiscal 2019
- 15
- 16
- 17
- 18SEC EDGARTali Notman, Chief Revenue Officer
- 19
- 20SEC EDGARSigal Zarmi, Board member
- 21SEC EDGARLuis Felipe Visoso, Board member
- 22SEC EDGARYvonne Wassenaar, Board member
- 23SEC EDGARMeerah Rajavel, Board member
- 24SEC EDGARAndrew L. Vitus, Board member
- 25SEC EDGARBarry Zwarenstein, Board member
- 26SEC EDGARElisa Steele, Board member
- 27SEC EDGARFrederic Simon, Board member
- 28SEC EDGARJeff Horing, Board member
- 29SEC EDGARJessica Neal, Board member
- 30SEC EDGARYossi Sela, Board member
- 31SEC EDGARBlackRock SCHEDULE 13G on JFrog Ltd
- 32
- 33
- 34
- 35SEC EDGARFrederic Simon SC 13G/A on JFrog Ltd
- 36
- 37SEC EDGARYoav Landman SC 13G/A on JFrog Ltd
- 38
- 39
- 40