JFrog Ltd
For the period ended Dec 31, 2024. Filed Feb 14, 2025.
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FY2024 · Filed Feb 14, 2025
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, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue: | |||
| Subscription—self-managed and SaaS | $406,903 | $330,193 | $261,452 |
| License—self-managed | 21,585 | 19,693 | 18,588 |
| Total subscription revenue | 428,488 | 349,886 | 280,040 |
| Cost of revenue: | |||
| Subscription—self-managed and SaaS | 97,758 | 76,244 | 61,407 |
| License—self-managed | 542 | 799 | 880 |
| Total cost of revenue—subscription | 98,300 | 77,043 | 62,287 |
| Gross profit | 330,188 | 272,843 | 217,753 |
| Operating expenses: | |||
| Research and development | 160,864 | 134,584 | 121,225 |
| Sales and marketing | 190,401 | 150,675 | 130,812 |
| General and administrative | 70,021 | 63,132 | 55,556 |
| Total operating expenses | 421,286 | 348,391 | 307,593 |
| Operating loss | (91,098) | (75,548) | (89,840) |
| Interest and other income, net | 25,278 | 21,032 | 5,094 |
| Loss before income taxes | (65,820) | (54,516) | (84,746) |
| Income tax expense | 3,416 | 6,740 | 5,438 |
| Net loss | $(69,236) | $(61,256) | $(90,184) |
| Net loss per share, basic and diluted | $(0.63) | $(0.59) | $(0.91) |
| Weighted-average shares used in computing net loss per share, basic and diluted | 109,691,100 | 103,317,759 | 99,243,894 |
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