JFrog Ltd. Q1 2026 Earnings Recap

FROG Q1 2026 May 11, 2026

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JFrog shares surged 21% post-earnings, driven primarily by cloud revenue growth and robust enterprise adoption that surpassed expectations, reflecting investor enthusiasm for the company’s positioning amid accelerating AI-fueled software supply chain activity.

Earnings Per Share Beat

$0.27 vs $0.22 est.

+22.7% surprise

Revenue Beat

153977000 vs 147448700 est.

+4.4% surprise

Market Reaction

1-Day -2.12%

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Key Takeaways

Total revenue reached $154 million, up 26% year-over-year.
Cloud revenue grew 50% year-over-year, indicating strong momentum in the cloud-first platform strategy.
Customers with annual spend over $1 million increased 48% year-over-year, reaching 80.
Customers with annual spend exceeding $100,000 rose 17% year-over-year to 1,225.
Growth was supported by rising average selling prices on new customer acquisitions and strong expansion within existing accounts.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit FROG on AllInvestView.

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