Software supply chain platform JFrog (NASDAQ:FROG) will be announcing earnings results this Thursday after the bell. Here’s what investors should know.
JFrog beat analysts’ revenue expectations by 6.6% last quarter, reporting revenues of $136.9 million, up 25.5% year on year. It was an exceptional quarter for the company, with an impressive beat of analysts’ billings estimates and EPS guidance for next quarter exceeding analysts’ expectations. It added 45 enterprise customers paying more than $100,000 annually to reach a total of 1,121.
Is JFrog a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting JFrog’s revenue to grow 19% year on year to $138.1 million, in line with the 19.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.19 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. JFrog has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 3.1% on average.
Looking at JFrog’s peers in the software development segment, some have already reported their Q4 results, giving us a hint as to what we can expect. F5 delivered year-on-year revenue growth of 7.3%, beating analysts’ expectations by 8.8%, and Datadog reported revenues up 29.2%, topping estimates by 3.8%. F5 traded up 8.1% following the results.
Read our full analysis of F5’s results here and Datadog’s results here.
Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. Investors in software development stocks have been spared in this environment as share prices are down 16.8% on average over the last month. JFrog is down 7.6% during the same time and is heading into earnings with an average analyst price target of $72.53 (compared to the current share price of $53.31).
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