earnings
confidence high
sentiment positive
materiality 0.80
JFrog reports FY2024 revenue $428.5M (+22%), Q4 revenue $116.1M (+19%); cloud revenue up 41%
JFrog Ltd
2024-FY EPS reported
-$0.63
revenue$428,488,000
- FY2024 revenue $428.5M (+22% YoY); Q4 revenue $116.1M (+19% YoY). Cloud revenue $49.4M in Q4 (+37%).
- GAAP net loss per share ($0.63) for FY; non-GAAP diluted EPS $0.65. Q4 GAAP net loss per share ($0.21), non-GAAP diluted EPS $0.19.
- Customers with ARR >$1M reached 52, up 41% YoY. Net dollar retention rate 116%.
- FY2025 revenue guidance $499M-$503M; non-GAAP operating income $73M-$75M; non-GAAP diluted EPS $0.67-$0.69.
- Security core products comprised 5% of ending ARR and ~12% of ending RPO.