NASDAQ$FROG
Jfrog Ltd · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
JFrog's Q4 2022 earnings were announced, revealing revenue in line with guidance and profitability targets met despite macroeconomic challenges.
JFrog reported Q4 revenue of $76.5 million, a 29% year-over-year increase. The company's cloud revenue increased by 53% year-over-year. JFrog is seeing increased adoption of its Software Supply Chain Platform and Advanced Security features.
- Total revenue equaled $76.5 million, up 29% year-over-year.
- GAAP Gross Margin was 77.4%, while Non-GAAP Gross Margin was 83.7%.
- Operating Cash Flow was $7.3 million, with Free Cash Flow of $6.4 million.
- Customers adopting the complete JFrog Platform represented 43% of total revenue compared to 35% in the year ago period.
Headline financials
Revenue & EPS history
JFrog · Revenue · Quarterly
$76.5M
Forward guidance
JFrog anticipates revenue between $78 million and $79 million and non-GAAP operating income between $1.5 million and $2.5 million for Q1 2023. They expect revenue between $340 million and $344 million and non-GAAP operating income between $17 million and $19 million for fiscal year 2023.
Tailwinds
- Revenue between $78 million and $79 million.
- Non-GAAP operating income between $1.5 million and $2.5 million.
- Non-GAAP net income per diluted share between $0.03 and $0.05.
- Revenue between $340 million to $344 million.
- Non-GAAP operating income between $17 million and $19 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 2022
+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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