Flagship explainer

How JFrog Ltd. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$532M · 100%Cost of revenue$123M · 23%Gross profit$408M · 77%Operating income−$91.9M · −17%Income before tax−$66M · −12%Income tax$5.8M · 1%Net income−$71.8M · −14%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$532M100%
Cost of revenue$123M23%
$408M77%
−$91.9M−17%
Income before tax−$66M−12%
Income tax$5.8M1%
−$71.8M−14%
Source: · event Dec 31, 2025 · retrieved Oct 17, 2026 · annual-row source set
Embed this chart

View the full JFrog Ltd. analysis at Buy Like Buffett