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Side-by-side financial comparison of Claritev Corp (CTEV) and JFrog Ltd (FROG). Click either name above to swap in a different company.
Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $145.3M, roughly 1.7× JFrog Ltd). JFrog Ltd runs the higher net margin — -10.5% vs -32.7%, a 22.2% gap on every dollar of revenue. On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs 6.2%). JFrog Ltd produced more free cash flow last quarter ($49.9M vs $36.4M). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs 2.5%).
JFrog Ltd is a global DevOps technology provider that delivers end-to-end software release, artifact management, and security solutions. It serves clients across tech, finance, retail, and manufacturing sectors, helping teams streamline development and delivery workflows for cloud, on-premises, and hybrid infrastructure.
CTEV vs FROG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $145.3M |
| Net Profit | $-80.6M | $-15.2M |
| Gross Margin | — | 77.9% |
| Operating Margin | -3.1% | -14.7% |
| Net Margin | -32.7% | -10.5% |
| Revenue YoY | 6.2% | 25.2% |
| Net Profit YoY | 41.6% | 34.4% |
| EPS (diluted) | $-4.88 | $-0.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $246.6M | $145.3M | ||
| Q3 25 | $246.0M | $136.9M | ||
| Q2 25 | $241.6M | $127.2M | ||
| Q1 25 | $231.3M | $122.4M | ||
| Q4 24 | $232.1M | $116.1M | ||
| Q3 24 | $230.5M | $109.1M | ||
| Q2 24 | $233.5M | $103.0M | ||
| Q1 24 | $234.5M | $100.3M |
| Q4 25 | $-80.6M | $-15.2M | ||
| Q3 25 | $-69.8M | $-16.4M | ||
| Q2 25 | $-62.6M | $-21.7M | ||
| Q1 25 | $-71.3M | $-18.5M | ||
| Q4 24 | $-138.0M | $-23.2M | ||
| Q3 24 | $-391.4M | $-22.9M | ||
| Q2 24 | $-576.7M | $-14.3M | ||
| Q1 24 | $-539.7M | $-8.8M |
| Q4 25 | — | 77.9% | ||
| Q3 25 | — | 77.4% | ||
| Q2 25 | — | 76.3% | ||
| Q1 25 | — | 75.3% | ||
| Q4 24 | — | 75.4% | ||
| Q3 24 | — | 75.0% | ||
| Q2 24 | — | 78.8% | ||
| Q1 24 | — | 79.5% |
| Q4 25 | -3.1% | -14.7% | ||
| Q3 25 | 4.1% | -15.8% | ||
| Q2 25 | 6.9% | -20.4% | ||
| Q1 25 | 4.2% | -18.8% | ||
| Q4 24 | -17.8% | -21.9% | ||
| Q3 24 | -146.7% | -27.4% | ||
| Q2 24 | -224.4% | -18.6% | ||
| Q1 24 | -207.4% | -16.6% |
| Q4 25 | -32.7% | -10.5% | ||
| Q3 25 | -28.4% | -12.0% | ||
| Q2 25 | -25.9% | -17.0% | ||
| Q1 25 | -30.8% | -15.1% | ||
| Q4 24 | -59.4% | -20.0% | ||
| Q3 24 | -169.8% | -21.0% | ||
| Q2 24 | -247.0% | -13.9% | ||
| Q1 24 | -230.1% | -8.8% |
| Q4 25 | $-4.88 | $-0.13 | ||
| Q3 25 | $-4.23 | $-0.14 | ||
| Q2 25 | $-3.81 | $-0.19 | ||
| Q1 25 | $-4.38 | $-0.16 | ||
| Q4 24 | $-8.49 | $-0.21 | ||
| Q3 24 | $-24.25 | $-0.21 | ||
| Q2 24 | $-35.78 | $-0.13 | ||
| Q1 24 | $-33.40 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | $704.4M |
| Total DebtLower is stronger | $4.6B | — |
| Stockholders' EquityBook value | $-173.9M | $887.4M |
| Total Assets | $4.9B | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.8M | $704.4M | ||
| Q3 25 | $39.2M | $651.1M | ||
| Q2 25 | $56.4M | $611.7M | ||
| Q1 25 | $23.1M | $563.5M | ||
| Q4 24 | $16.8M | $522.0M | ||
| Q3 24 | $86.6M | $467.8M | ||
| Q2 24 | $48.8M | $591.3M | ||
| Q1 24 | $58.7M | $579.6M |
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $4.5B | — | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $-173.9M | $887.4M | ||
| Q3 25 | $-101.8M | $859.4M | ||
| Q2 25 | $-39.9M | $826.5M | ||
| Q1 25 | $14.8M | $800.0M | ||
| Q4 24 | $84.0M | $773.5M | ||
| Q3 24 | $207.6M | $756.2M | ||
| Q2 24 | $603.4M | $721.4M | ||
| Q1 24 | $1.2B | $707.8M |
| Q4 25 | $4.9B | $1.3B | ||
| Q3 25 | $5.0B | $1.3B | ||
| Q2 25 | $5.1B | $1.2B | ||
| Q1 25 | $5.1B | $1.2B | ||
| Q4 24 | $5.2B | $1.1B | ||
| Q3 24 | $5.3B | $1.1B | ||
| Q2 24 | $5.7B | $1.0B | ||
| Q1 24 | $6.4B | $997.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 304.87× | — | ||
| Q4 24 | 53.67× | — | ||
| Q3 24 | 21.73× | — | ||
| Q2 24 | 7.48× | — | ||
| Q1 24 | 3.85× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $66.3M | $50.7M |
| Free Cash FlowOCF − Capex | $36.4M | $49.9M |
| FCF MarginFCF / Revenue | 14.8% | 34.3% |
| Capex IntensityCapex / Revenue | 12.1% | 0.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | $142.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.3M | $50.7M | ||
| Q3 25 | $19.9M | $30.2M | ||
| Q2 25 | $61.2M | $36.1M | ||
| Q1 25 | $-30.1M | $28.8M | ||
| Q4 24 | $-33.4M | $49.1M | ||
| Q3 24 | $72.8M | $27.6M | ||
| Q2 24 | $18.5M | $16.7M | ||
| Q1 24 | $49.7M | $17.5M |
| Q4 25 | $36.4M | $49.9M | ||
| Q3 25 | $-16.3M | $28.8M | ||
| Q2 25 | $36.6M | $35.5M | ||
| Q1 25 | $-68.9M | $28.1M | ||
| Q4 24 | $-63.8M | $48.5M | ||
| Q3 24 | $41.1M | $26.7M | ||
| Q2 24 | $-7.0M | $16.0M | ||
| Q1 24 | $19.2M | $16.6M |
| Q4 25 | 14.8% | 34.3% | ||
| Q3 25 | -6.6% | 21.0% | ||
| Q2 25 | 15.2% | 27.9% | ||
| Q1 25 | -29.8% | 23.0% | ||
| Q4 24 | -27.5% | 41.8% | ||
| Q3 24 | 17.8% | 24.5% | ||
| Q2 24 | -3.0% | 15.5% | ||
| Q1 24 | 8.2% | 16.6% |
| Q4 25 | 12.1% | 0.6% | ||
| Q3 25 | 14.7% | 1.0% | ||
| Q2 25 | 10.2% | 0.5% | ||
| Q1 25 | 16.8% | 0.5% | ||
| Q4 24 | 13.1% | 0.5% | ||
| Q3 24 | 13.8% | 0.9% | ||
| Q2 24 | 10.9% | 0.7% | ||
| Q1 24 | 13.0% | 0.8% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
