NASDAQ$FROG
Jfrog Ltd · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
JFrog reported strong Q4 2020 results with revenue up 39% and record operating and free cash flow.
JFrog's Q4 2020 revenue reached $42.7 million, a 39% increase year-over-year, driven by strong demand for its DevOps platform and multi-cloud business. The company also achieved record operating cash flow of $12.8 million and free cash flow of $11.9 million.
- Revenue for the fourth quarter of 2020 was $42.7 million, an increase of 39% from $30.8 million for the fourth quarter of 2019.
- Operating Cash Flow was $12.8 million, with Free Cash Flow of $11.9 million.
- At quarter end, 352 customers had ARR greater than $100,000; 10 customers had ARR above $1 million.
- Net Dollar Retention for the trailing four quarters was 133%.
Headline financials
Revenue & EPS history
JFrog · Revenue · Quarterly
$42.7M
Forward guidance
JFrog anticipates revenue between $44 million and $45 million for Q1 2021. They project non-GAAP operating income between $0.5 million and $1.5 million and non-GAAP net income per share between $0.00 and $0.01, assuming approximately 104 million weighted average diluted shares outstanding.
Tailwinds
- Revenue between $44 million and $45 million.
- Non-GAAP operating income between $0.5 million and $1.5 million.
- Non-GAAP net income per share between $0.00 and $0.01.
- Approximately 104 million weighted average diluted shares outstanding.
- Full Year 2021 Revenue between $196 million to $204 million.
Headwinds
- Non-GAAP operating income between $5 million and $7 million.
- Risks associated with managing our rapid growth
- Our history of losses
- Our limited operating history
- General market, political, economic, and business conditions
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
+0.3%
Avg return
Earnings day
-1.8%
Avg return
5 days after
-3.5%
Avg return
30 days after
39%
9 / 23 earnings
Positive
+33.3%
Q4 2023
Best reaction
-27.7%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +23.9% | -7.9% | +21.4% | |
| Q4 2025 | -3.0% | -10.7% | -22.9% | |
| Q3 2025 | +27.0% | +30.5% | +37.1% | |
| Q1 2025 | +1.2% | -9.1% | +7.9% | |
| Q4 2024 | +5.5% | +5.6% | -11.0% | |
| Q3 2024 | -2.0% | -3.6% | -1.5% | |
| Q2 2024 | -27.7% | -24.2% | -19.9% | |
| Q1 2024 | -19.0% | -18.3% | -20.3% | |
| Q4 2023 | +33.3% | +25.4% | +18.0% | |
| Q3 2023 | +16.8% | +22.1% | +25.8% | |
| Q2 2023 | -1.0% | -1.2% | +0.3% | |
| Q1 2023 | +12.0% | +17.7% | +31.4% | |
| Q4 2022 | -4.0% | -3.9% | -24.3% | |
| Q3 2022 | -8.3% | -16.7% | -8.7% | |
| Q2 2022 | +7.4% | +9.0% | -13.7% | |
| Q1 2022 | -9.1% | -9.5% | -8.6% | |
| Q4 2021 | -7.9% | -2.5% | -15.0% | |
| Q3 2021 | +12.7% | +11.6% | -17.6% | |
| Q2 2020 | -16.0% | -16.1% | -17.8% | |
| Q2 2021 | -7.6% | -12.9% | -12.4% | |
| Q1 2021 | -17.4% | -15.4% | +1.5% | |
| Q4 2020 | -0.2% | +5.0% | -24.3% | |
| Q3 2020 | -9.5% | -16.2% | -5.1% | |
| Q1 2020 | — | — | — | |
| Q4 2019 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — | |
| Q4 2018 | — | — | — | |
| Q3 2018 | — | — | — |
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