Quarterly ResultMay 7, 2026, 04:23 PM
JFrog Q1 Revenue $154.0M, up 26%; Non-GAAP EPS $0.27
AI Summary
JFrog Ltd. announced strong financial results for its first quarter ended March 31, 2026, with total revenues increasing 26% year-over-year to $154.0 million and cloud revenues surging 50% to $78.9 million. The company reported non-GAAP diluted EPS of $0.27 and saw a 48% increase in customers with ARR greater than $1 million. Additionally, JFrog's board authorized a share repurchase program of up to $300 million, and the company provided a positive outlook for Q2 and the full fiscal year 2026.
Key Highlights
- Total Q1 2026 revenue was $154.0 million, a 26% increase year-over-year.
- Q1 cloud revenue reached $78.9 million, growing 50% year-over-year.
- Non-GAAP diluted earnings per share (EPS) was $0.27 for Q1 2026.
- Customers with Annual Recurring Revenue (ARR) greater than $1 million increased 48% year-over-year to 80.
- Trailing four-quarter Net Dollar Retention rate was 120%.
- Board authorized a share repurchase program of up to $300 million.
- Q2 2026 revenue outlook is between $154 million and $156 million.
- Fiscal Year 2026 revenue outlook is between $628 million and $632 million.