--- title: "JFrog | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 153.98 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285771769.md" datetime: "2026-05-08T20:22:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285771769.md) - [en](https://longbridge.com/en/news/285771769.md) - [zh-HK](https://longbridge.com/zh-HK/news/285771769.md) --- # JFrog | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 153.98 M Revenue: As of FY2026 Q1, the actual value is USD 153.98 M, beating the estimate of USD 147.89 M. EPS: As of FY2026 Q1, the actual value is USD -0.07, beating the estimate of USD -0.1522. EBIT: As of FY2026 Q1, the actual value is USD -20.13 M. #### Revenue JFrog Ltd. reported total subscription revenue of $153,977 thousand for the three months ended March 31, 2026, marking a 26% increase from $122,407 thousand for the same period in 2025. Revenue from subscription—self-managed and SaaS increased by 26% to $146,282 thousand in Q1 2026 from $116,425 thousand in Q1 2025.License—self-managed revenue grew by 29% to $7,695 thousand in Q1 2026 from $5,982 thousand in Q1 2025.SaaS subscriptions contributed 51% of total revenue for Q1 2026, an increase from 43% in Q1 2025.Revenue from Enterprise Plus subscription accounted for approximately 58% of total revenue in Q1 2026, compared to approximately 55% in Q1 2025.Approximately $26.2 million of the total subscription revenue increase was attributed to growth from existing customers. #### Geographic Revenue Breakdown Revenue from the United States was $90,937 thousand (59% of total revenue) for Q1 2026, compared to $72,925 thousand (60%) for Q1 2025.Israel contributed $4,670 thousand (3% of total revenue) for Q1 2026, compared to $3,741 thousand (3%) for Q1 2025.Revenue from the rest of the world was $58,370 thousand (38% of total revenue) for Q1 2026, compared to $45,741 thousand (37%) for Q1 2025. #### Cost of Revenue and Gross Margin Total Cost of Revenue—Subscription increased by 11% to $33,600 thousand in Q1 2026 from $30,181 thousand in Q1 2025.The cost of revenue for subscription—self-managed and SaaS increased by 12% to $33,600 thousand in Q1 2026 from $30,065 thousand in Q1 2025.The cost of revenue for license—self-managed was - $0 thousand in Q1 2026, down from $116 thousand in Q1 2025.Gross Profit increased to $120,377 thousand in Q1 2026 from $92,226 thousand in Q1 2025.Gross Margin improved to 78% in Q1 2026 from 75% in Q1 2025, primarily due to revenue growth with improved operating leverage. #### Operating Expenses Total Operating Expenses totaled $133,308 thousand in Q1 2026, up from $115,196 thousand in Q1 2025.Research and Development expenses increased by 20% to $51,812 thousand in Q1 2026 from $43,335 thousand in Q1 2025, mainly due to a $7.2 million increase in personnel-related expenses.Sales and Marketing expenses increased by 9% to $57,752 thousand in Q1 2026 from $52,812 thousand in Q1 2025, primarily due to a $4.3 million increase in personnel-related expenses.General and Administrative expenses increased by 25% to $23,744 thousand in Q1 2026 from $19,049 thousand in Q1 2025, driven by a $2.6 million increase in share-based compensation expense and a $1.9 million increase in personnel-related expenses. #### Other Financial Items Operating Loss decreased to - $12,931 thousand in Q1 2026 from - $22,970 thousand in Q1 2025.Interest and Other Income, Net increased by 20% to $7,152 thousand in Q1 2026 from $5,965 thousand in Q1 2025, mainly due to higher interest income from increased investments.Income Tax Expense increased by 66% to $2,488 thousand in Q1 2026 from $1,498 thousand in Q1 2025.Net Loss decreased to - $8,267 thousand in Q1 2026 from - $18,503 thousand in Q1 2025. #### Cash Flow Net Cash Provided by Operating Activities was $38,356 thousand in Q1 2026, up from $28,792 thousand in Q1 2025.Net Cash Used in Investing Activities was - $53,079 thousand in Q1 2026, compared to - $45,782 thousand in Q1 2025.Net Cash Provided by (Used in) Financing Activities was - $150 thousand in Q1 2026, compared to $11,505 thousand in Q1 2025.Free Cash Flow was $37,286 thousand in Q1 2026, compared to $28,145 thousand in Q1 2025.Cash, Cash Equivalents, and Restricted Cash at the end of the period were $61,677 thousand for Q1 2026, up from $45,108 thousand for Q1 2025.Total Cash, Cash Equivalents, and Short-term Investments amounted to $741.2 million as of March 31, 2026. #### Key Performance Indicators The Net Dollar Retention Rate was 120% as of March 31, 2026, up from 116% as of March 31, 2025.Customers with Annual Recurring Revenue (ARR) of $100,000 or more increased to 1,225 as of March 31, 2026, from 1,168 as of December 31, 2025.Customers with ARR of $1.0 million or more increased to 80 as of March 31, 2026, from 74 as of December 31, 2025.Remaining Performance Obligation (RPO) stood at $574.9 million as of March 31, 2026, comprising $341.5 million in billed considerations and $233.4 million in unbilled considerations.JFrog Ltd. expects to recognize 67% of its RPO as revenue over the next 12 months.Share-based Compensation Expense totaled $39,627 thousand in Q1 2026, up from $36,845 thousand in Q1 2025.Amortization Expense of Acquired Intangible Assets totaled $4,673 thousand in Q1 2026, down from $5,817 thousand in Q1 2025.Acquisition-Related Costs totaled $1,571 thousand in Q1 2026, down from $1,658 thousand in Q1 2025. #### Outlook and Strategy JFrog Ltd. plans to continue enhancing its hybrid, universal, end-to-end software supply chain platform by developing new products and expanding existing functionalities, with significant investment in integrating products with major package technologies.The company aims to expand usage by existing customers through increased engagement, migration to SaaS solutions, and strategic team focus on new use cases, expecting its net dollar retention rate to remain relatively stable.To acquire new customers, JFrog Ltd. will continue to rely on self-service and inbound sales models, offering free trials and open-source software, and sees international expansion as a major opportunity requiring investment in customer support, R&D, and sales and marketing. ### Related Stocks - 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