JFrog (FROG) 2025 Conference June 05, 2025 01:00 PM ET Speaker0 Everybody, my name is Koji Keda. I am one of the software analysts here at Bank of America. Welcome to day three of our technology conference. I am absolutely thrilled to have JFrog doing a fireside chat with us. We have the CFO, Ed Grabshied, and we also have IR, Jeff Schreiner here. So thank you so much for being here. We appreciate it. I always ask the obligatory introductory comments or question of, you know, what is JFrog? What do you guys ...

Core Insights - JFrog (NASDAQ: FROG) is identified as a high growth tech stock that has faced significant volatility in the current year [1] Company Overview - JFrog operates as a DevSecOps software platform, assisting other technology companies in their software development processes [1] Analyst Background - Gary Alexander, with extensive experience in covering technology companies and advising startups, contributes insights on industry trends and has been active on Seeking Alpha since 2017 [1]

Summary of JFrog Conference Call Company Overview - JFrog has over 7,300 customers as of the end of 2024 [3] - The company has penetrated more than 82% of the Fortune 100 across all industries [4] - JFrog employs over 1,600 people and has a Total Addressable Market (TAM) exceeding $40 billion [4] - The company reported $450 million in revenue over the last twelve months, reflecting a 22% year-over-year growth [4] - JFrog generated $119 million in free cash flow and has a net dollar retention rate of 116% [4] Business Model and Financial Metrics - JFrog operates on a subscription-based model, with consistent revenue growth [12][13] - The company has a high gross retention rate of 97%, indicating strong customer loyalty [14] - The revenue growth for Q1 was also 22%, with guidance indicating a 17% growth for the upcoming year [13] Product Offerings - JFrog aims to streamline the DevOps process, integrating DevOps, DevSecOps, and MLOps into a single platform [5][9] - The company manages binaries, which are critical in the software supply chain, and offers advanced security products to protect these binaries [6][7] - JFrogML, a recently launched product, manages large language models and integrates with repositories like Hugging Face [9][10] Market Position and Competitive Landscape - JFrog has a strong position in the market, with significant penetration in various industries and a long runway for growth [12][17] - The company faces competition primarily from Sonatype and Cloudsmith in the Artifactory space, with Sonatype experiencing scalability issues [49][50] - JFrog differentiates itself by focusing on binary management and security, which is increasingly becoming an attack vector in software development [54] Strategic Partnerships - JFrog has established a partnership with GitHub to enhance integration between source code and binaries, improving user experience and security [40][41] - The collaboration aims to consolidate security tools and streamline the management of vulnerabilities [46] Future Outlook - JFrog is confident in its go-to-market strategy, having invested in building a strong enterprise sales team and seeing growth in million-dollar customers [62] - The company anticipates that the migration from self-hosted to cloud solutions will drive additional revenue growth [66] - JFrog expects its net dollar retention rate to remain stable at 116%, with potential for growth as customers increase usage beyond minimum commitments [68] Additional Insights - The shift towards AI and machine-generated code is expected to increase the volume of binaries, benefiting JFrog's business model [71][72] - JFrog's pricing model varies based on deployment type, focusing on data transfer, storage, and the number of contributing developers for advanced security [78]

JFrog (FROG) FY 2025 Conference May 28, 2025 11:25 AM ET Speaker0 Okay, thank you. Everybody, I'm Andrew Sherman, software analyst at TD Cowen. Pleased to have Jeff Schreiner, Head of IR at JFrog. Thank you for being here. Speaker1 Thank you for having us. Speaker0 And a quick mention for Xdl II. We appreciate your vote if you think we've earned it. Thank you very much. So it's been a busy past year for JFrog. Let's just recap the quarter, which was a good one, and some new interesting stuff going on. So th ...

JFrog (FROG) FY Conference May 13, 2025 08:50 AM ET Speaker0 All right. I think that's our queue. Good morning, everybody. Thanks for joining. I'm delighted to have here with us Co Founder and CEO of JFrog, Shlomi Benheim and CFO, Ed Greb Shed. Guys, thank you for taking some time. Speaker1 Thank you for having us. Speaker0 Maybe we'll start with a quick introduction about yourself and maybe a few words on JFrog as well for the people in the audience who might not know about it. Speaker1 Yes. So good mornin ...

Core Insights - JFrog Ltd. reported revenue of $122.41 million for the quarter ended March 2025, marking a year-over-year increase of 22% and exceeding the Zacks Consensus Estimate of $117.19 million by 4.45% [1] - The company achieved an EPS of $0.20, which is an increase from $0.16 a year ago, resulting in an EPS surprise of 25% compared to the consensus estimate of $0.16 [1] Financial Performance Metrics - JFrog has 1,051 customers with over $100k in ARR, surpassing the average estimate of 1,037 based on two analysts [4] - Revenue from self-managed licenses was reported at $5.98 million, exceeding the average estimate of $5.40 million from seven analysts, reflecting a year-over-year change of 22% [4] - Subscription revenue from self-managed and SaaS totaled $116.43 million, compared to the average estimate of $111.71 million from seven analysts, also showing a year-over-year increase of 22% [4] - SaaS subscription revenue reached $52.61 million, exceeding the estimated $49.78 million from six analysts [4] - Revenue from self-managed subscriptions was reported at $69.80 million, surpassing the average estimate of $67.34 million from six analysts [4] Stock Performance - JFrog's shares have returned +16% over the past month, outperforming the Zacks S&P 500 composite's +13.7% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☒ 1934 For the quarterly period ended March 31, 2025 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 Commission File Number: 001-39492 JFrog Ltd. (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 270 E. C ...

JFrog Ltd. (NASDAQ:FROG) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Jeffrey Schreiner - VP, IR Shlomi Ben Haim - Co-founder and CEO Ed Grabscheid - CFO Conference Call Participants Pinjalim Bora - JPMorgan Sanjit Singh - Morgan Stanley Brad Reback - Stifel Kingsley Crane - Canaccord Miller Jump - Truist Securities Eamon Coughlin - Barclays Mark Cash - Raymond James Koji Ikeda - Bank of America Andrew Sherman - TD Cowen Shrenik Kothari - Baird Jason Celino - Keybanc Capital ...

JFrog Ltd. (FROG) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this company would post earnings of $0.14 per share when it actually produced earnings of $0.19, delivering a surprise of 35.71%.Over the last four quarters, the company has surp ...

JFrog (FROG) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Jeffrey Schreiner - VP-IRShlomi Ben Haim - Co-Founder and CEOEd Grabscheid - Chief Financial OfficerPinjalim Bora - Executive Director, Equity ResearchMatthew Calitri - Equity Research AssociateSanjit Singh - Executive DirectorBrad Reback - Managing DirectorW. Miller Jump - Vice President, Equity ResearchEamon Coughlin - Vice President, Software Equity ResearchKoji Ikeda - Director - Enterprise Software Equity Research Conferen ...