Jfrog Q4 Revenue Rises 25.2% to $145.3M; Q1 Guidance Tops by 2.4%
JFrog posted Q4 revenue of $145.3 million, up 25.2% year-over-year, beating estimates by 5.2%, and delivered adjusted EPS of $0.22, 16.2% above consensus. It guided Q1 revenue to $147 million (2.4% above analyst projections), reported ARR of $600.6 million and a 119% net revenue retention rate.
1. Q4 Financial Performance
JFrog posted Q4 revenue of $145.3 million, up 25.2% year-over-year, beating consensus by 5.2%, and reported adjusted EPS of $0.22, a 16.2% margin beat. Operating margin improved to -14.7% from -21.9%, while billings reached $178.5 million and ARR climbed to $600.6 million.
2. Future Outlook and Guidance
Management set Q1 revenue guidance at $147 million midpoint, 2.4% above analyst forecasts, and full-year adjusted EPS guidance at $0.90 per share, roughly 1.8% above expectations. The company anticipates sustained growth in cloud and security segments, with currency headwinds offset by hedging programs.
3. Product and Market Momentum
Demand for JFrog Advanced Security and Curation drove growth, now representing over 10% of annual recurring revenue, as enterprises prioritize software supply chain protection. Management highlighted acceleration in AI-driven binary creation as a tailwind for platform consumption.
4. Customer Metrics and Partnerships
JFrog serves 1,168 customers spending over $100,000 annually, achieving 119% net revenue retention with higher average commitments. Strategic alliances with major cloud providers and integrations with NVIDIA’s AI Factory and Hugging Face expand platform reach and validate its role in managing AI artifacts.