NASDAQ$FROG
Jfrog Ltd · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
JFrog reported strong Q4 2021 results with revenue growth and increased customer expansion.
JFrog's Q4 2021 revenue reached $59.2 million, a 39% increase year-over-year. The company's customer base expanded, with a 53% increase in customers with ARR greater than $100K. Operating cash flow was $17.7 million, and free cash flow was $16.6 million.
- Revenue for the fourth quarter of 2021 was $59.2 million, an increase of 39% over the fourth quarter of 2020.
- Customers with ARR of $100K or more increased 53% to 537 customers as of December 31, 2021.
- Cloud revenue in Q4 was $14.8 million, an increase of 52% over the same period last year, representing 25% of total revenue.
- Net Dollar Retention rate for the trailing four quarters was 130%.
Headline financials
Revenue & EPS history
JFrog · Revenue · Quarterly
$59.2M
Forward guidance
JFrog provided its outlook for Q1 2022 and fiscal year 2022, including revenue and non-GAAP operating income guidance.
Tailwinds
- Revenue between $60.8 million and $61.8 million for Q1 2022.
- Non-GAAP operating income between ($0.5) million and $0.5 million for Q1 2022.
- Non-GAAP net income per share between ($0.01) and $0.01, assuming approximately 104 million weighted average diluted shares outstanding for Q1 2022.
- Revenue between $273.0 million to $275.0 million for fiscal year 2022.
- Non-GAAP operating income between ($1.0) million and $1.0 million for fiscal year 2022.
Headwinds
- Non-GAAP operating income between ($0.5) million and $0.5 million for Q1 2022.
- Non-GAAP net income per share between ($0.01) and $0.01 for Q1 2022.
- Non-GAAP operating income between ($1.0) million and $1.0 million for fiscal year 2022.
- Non-GAAP net income per share between ($0.01) and $0.01 for fiscal year 2022.
- First Quarter 2022 Outlook: Non-GAAP operating income between ($0.5) million and $0.5 million
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 2021
+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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