JFrog Reports 26% Revenue Growth to $154M in Q1 2026

JFrog Ltd. reported a significant increase in its financial performance for the first quarter of 2026, with total revenue reaching $154.0 million, a 26% increase from $122.4 million in the same period last year. The company's subscription revenue, which includes both self-managed and SaaS offerings, accounted for $153.0 million, up from $122.4 million in the prior year. Despite this growth, JFrog recorded a net loss of $8.3 million, an improvement from the $18.5 million loss reported in Q1 2025. The net loss per share also improved to $(0.07) from $(0.16) year-over-year.

The company’s operational metrics showed positive trends, with an increase in the number of customers generating annual recurring revenue (ARR) of $100,000 or more, rising to 1,225 from 1,168. Additionally, JFrog had 80 customers with ARR of at least $1 million, up from 74. The net dollar retention rate, a key indicator of customer engagement, was reported at 120%, compared to 116% in the previous year. This reflects the company's ability to expand its existing customer base and increase usage of its products.

In terms of strategic developments, JFrog has continued to invest in its product offerings and customer engagement strategies. The company has focused on enhancing its hybrid, universal software supply chain platform, which supports various development environments. The growth in revenue from its Enterprise Plus subscription, which represented approximately 58% of total revenue, indicates a rising demand for comprehensive software supply chain management solutions. Furthermore, JFrog has initiated a share repurchase program, authorizing the buyback of up to $300 million of its ordinary shares, effective March 2026.

Geographically, JFrog's revenue distribution remained stable, with the United States contributing 59% of total revenue, followed by the rest of the world at 38%. The company reported a slight increase in cash and cash equivalents, totaling $61.0 million as of March 31, 2026, down from $75.8 million at the end of 2025. The total assets increased to $1.37 billion, reflecting ongoing investments in growth and operational capabilities.

Looking ahead, JFrog anticipates continued growth driven by its commitment to product innovation and customer satisfaction. The company plans to expand its market presence and enhance its technology leadership, while also navigating the challenges posed by the current geopolitical climate in the Middle East. JFrog's management remains optimistic about its ability to maintain operational continuity and deliver value to its customers despite external pressures.