JFrog’s Q2 Earnings Reveal Surprising Metrics That Could Change the Game for Investors—Are You Missing the Hidden Opportunity?

Ever wonder what it takes for a tech company not just to survive, but to thrive in the ever-shifting landscape of digital innovation? JFrog Ltd.’s latest quarterly report throws down a fascinating gauntlet. With revenue soaring to $127.22 million—a hefty 23.5% jump from last year—and earnings per share nudging up to $0.18, the numbers don’t just whisper growth; they shout it. And here’s the kicker: they didn’t just edge past Wall Street’s forecasts; they danced right over them with a revenue surprise of 3.57% and an EPS beat of 12.5%. But as any savvy investor knows, it’s the deeper currents that tell the real story—those key metrics and customer traction that reveal the soul of a company’s momentum. So, what’s driving JFrog’s surge, and can it keep this momentum going amid a stock that’s been a bit of a roller coaster lately? Strap in as we unpack the insights that matter most and peek behind the curtain of the numbers Wall Street buzzes about. LEARN MORE

JFrog Ltd. reported $127.22 million in revenue for the quarter ended June 2025, representing a year-over-year increase of 23.5%. EPS of $0.18 for the same period compares to $0.15 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $122.84 million, representing a surprise of +3.57%. The company delivered an EPS surprise of +12.5%, with the consensus EPS estimate being $0.16.

While investors closely watch year-over-year changes in headline numbers — revenue and earnings — and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company’s underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock’s price performance.

Here is how JFrog performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Customers >$100k in ARR: 1,076 versus the two-analyst average estimate of 1,069.

• Revenue- License- self-managed: $6.15 million versus the eight-analyst average estimate of $5.37 million. The reported number represents a year-over-year change of +32.6%.

• Revenue- Subscription- self-managed and SaaS: $121.07 million compared to the $117.45 million average estimate based on eight analysts. The reported number represents a change of +23% year over year.

• Revenue- Subscription- SaaS: $57.1 million compared to the $53.21 million average estimate based on six analysts. The reported number represents a change of +45.4% year over year.

• Revenue- Self-managed subscription- Subscription: $63.97 million compared to the $64.31 million average estimate based on six analysts.

• Revenue- Self-managed subscription: $70.12 million versus the six-analyst average estimate of $69.69 million. The reported number represents a year-over-year change of +10%.

Shares of JFrog have returned -4.4% over the past month versus the Zacks S&P 500 composite’s +1.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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