JFrog Launches $300M Buyback After Reporting 24% Sales Growth
JFrog Ltd authorized a $300 million share repurchase program funded by cash on hand and operating cash flow. The company posted fiscal 2025 revenue of $531.8 million, up 24% year over year, with cloud revenue rising 45%, and projected fiscal 2026 revenue of $623 million to $628 million.
1. Share Repurchase Program
JFrog’s board approved a $300 million share repurchase program that will be funded through cash on hand and future operating cash flow. Repurchases may occur via open market transactions or privately negotiated deals, reflecting management’s confidence while preserving flexibility for strategic investments.
2. Fiscal 2025 Results
In fiscal 2025 JFrog generated $531.8 million in revenue, marking a 24% increase year over year. Cloud revenue jumped 45% to $243.3 million, fourth-quarter revenue topped $145.3 million with adjusted EPS of $0.22, and non-GAAP gross margin held at 83.7%.
3. Fiscal 2026 Outlook
The company projects fiscal 2026 revenue between $623 million and $628 million and adjusted EPS of $0.88 to $0.92 per share, exceeding consensus revenue estimates of $611.7 million and aligning with earnings forecasts.