JFrog Ltd
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
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FY2023 · Filed Feb 15, 2024
FROG$108.18+7.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except share and per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue: | |||
| Subscription—self-managed and SaaS | $330,193 | $261,452 | $190,046 |
| License—self-managed | 19,693 | 18,588 | 16,637 |
| Total subscription revenue | 349,886 | 280,040 | 206,683 |
| Cost of revenue: | |||
| Subscription—self-managed and SaaS | 76,244 | 61,407 | 41,023 |
| License—self-managed | 799 | 880 | 800 |
| Total cost of revenue—subscription | 77,043 | 62,287 | 41,823 |
| Gross profit | 272,843 | 217,753 | 164,860 |
| Operating expenses: | |||
| Research and development | 134,584 | 121,225 | 79,604 |
| Sales and marketing | 150,675 | 130,812 | 96,962 |
| General and administrative | 63,132 | 55,556 | 56,663 |
| Total operating expenses | 348,391 | 307,593 | 233,229 |
| Operating loss | (75,548) | (89,840) | (68,369) |
| Interest and other income, net | 21,032 | 5,094 | 744 |
| Loss before income taxes | (54,516) | (84,746) | (67,625) |
| Income tax expense (benefit) | 6,740 | 5,438 | (3,422) |
| Net loss | $(61,256) | $(90,184) | $(64,203) |
| Net loss per share, basic and diluted | $(0.59) | $(0.91) | $(0.68) |
| Weighted-average shares used in computing net loss per share, basic and diluted | 103,317,759 | 99,243,894 | 94,783,082 |
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