Jfrog Ltd. ( (FROG) ) has released its Q1 earnings. Here is a breakdown of the information Jfrog Ltd. presented to its investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
JFrog Ltd., known as the Liquid Software company, specializes in providing a comprehensive software supply chain platform that integrates DevOps, DevSecOps, and MLOps, catering primarily to the technology sector with a focus on secure and efficient software delivery.
In its first-quarter 2025 earnings report, JFrog Ltd. reported a significant increase in total revenues, reaching $122.4 million, marking a 22% year-over-year growth. The company also highlighted the successful launch of JFrog ML, a platform unifying DevOps, DevSecOps, and MLOps, and a strategic partnership with Hugging Face to enhance machine learning model security.
Key financial metrics from the report include a 42% year-over-year increase in cloud revenues, totaling $52.6 million, and a notable rise in customers with annual recurring revenue exceeding $1 million, up by 35% to 54 customers. Despite a GAAP operating loss of $23.0 million, JFrog achieved a non-GAAP operating income of $21.4 million, reflecting a strong operational performance. The company’s cash, cash equivalents, and investments stood at $563.5 million by the end of the quarter.
Strategically, JFrog continues to expand its platform adoption, with 55% of its revenue coming from customers using its Enterprise+ subscription. The release of JFrog ML and the partnership with Hugging Face are expected to drive further growth and innovation in the software supply chain management space.
Looking forward, JFrog maintains a cautious yet optimistic outlook for the remainder of 2025, with projected revenues between $500 million and $505 million for the fiscal year. The company remains committed to scaling its operations and enhancing its platform capabilities to meet the evolving needs of its global customer base.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue