vs
Side-by-side financial comparison of Dynatrace, Inc. (DT) and JFrog Ltd (FROG). Click either name above to swap in a different company.
Dynatrace, Inc. is the larger business by last-quarter revenue ($515.5M vs $145.3M, roughly 3.5× JFrog Ltd). Dynatrace, Inc. runs the higher net margin — 7.8% vs -10.5%, a 18.2% gap on every dollar of revenue. On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs 18.2%). JFrog Ltd produced more free cash flow last quarter ($49.9M vs $27.2M). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs 16.3%).
Dynatrace, Inc. is an American multinational technology company that provides an AI-powered observability platform. Their software is used to monitor, analyze, and optimize application performance, software development, cyber security practices, IT infrastructure, and user experience.
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.
DT vs FROG — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $515.5M | $145.3M |
| Net Profit | $40.1M | $-15.2M |
| Gross Margin | 81.4% | 77.9% |
| Operating Margin | 14.1% | -14.7% |
| Net Margin | 7.8% | -10.5% |
| Revenue YoY | 18.2% | 25.2% |
| Net Profit YoY | -88.9% | 34.4% |
| EPS (diluted) | $0.13 | $-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 | $515.5M | $145.3M | ||
| Q3 25 | $493.8M | $136.9M | ||
| Q2 25 | $477.3M | $127.2M | ||
| Q1 25 | $445.2M | $122.4M | ||
| Q4 24 | $436.2M | $116.1M | ||
| Q3 24 | $418.1M | $109.1M | ||
| Q2 24 | $399.2M | $103.0M | ||
| Q1 24 | $380.8M | $100.3M |
| Q4 25 | $40.1M | $-15.2M | ||
| Q3 25 | $57.2M | $-16.4M | ||
| Q2 25 | $48.0M | $-21.7M | ||
| Q1 25 | $39.3M | $-18.5M | ||
| Q4 24 | $361.8M | $-23.2M | ||
| Q3 24 | $44.0M | $-22.9M | ||
| Q2 24 | $38.6M | $-14.3M | ||
| Q1 24 | $37.9M | $-8.8M |
| Q4 25 | 81.4% | 77.9% | ||
| Q3 25 | 81.8% | 77.4% | ||
| Q2 25 | 82.1% | 76.3% | ||
| Q1 25 | 80.9% | 75.3% | ||
| Q4 24 | 81.1% | 75.4% | ||
| Q3 24 | 81.4% | 75.0% | ||
| Q2 24 | 81.3% | 78.8% | ||
| Q1 24 | 81.1% | 79.5% |
| Q4 25 | 14.1% | -14.7% | ||
| Q3 25 | 14.8% | -15.8% | ||
| Q2 25 | 13.1% | -20.4% | ||
| Q1 25 | 9.6% | -18.8% | ||
| Q4 24 | 10.9% | -21.9% | ||
| Q3 24 | 11.2% | -27.4% | ||
| Q2 24 | 10.5% | -18.6% | ||
| Q1 24 | 6.1% | -16.6% |
| Q4 25 | 7.8% | -10.5% | ||
| Q3 25 | 11.6% | -12.0% | ||
| Q2 25 | 10.0% | -17.0% | ||
| Q1 25 | 8.8% | -15.1% | ||
| Q4 24 | 82.9% | -20.0% | ||
| Q3 24 | 10.5% | -21.0% | ||
| Q2 24 | 9.7% | -13.9% | ||
| Q1 24 | 10.0% | -8.8% |
| Q4 25 | $0.13 | $-0.13 | ||
| Q3 25 | $0.19 | $-0.14 | ||
| Q2 25 | $0.16 | $-0.19 | ||
| Q1 25 | $0.12 | $-0.16 | ||
| Q4 24 | $1.19 | $-0.21 | ||
| Q3 24 | $0.15 | $-0.21 | ||
| Q2 24 | $0.13 | $-0.13 | ||
| Q1 24 | $0.13 | $-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 | $1.2B | $704.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.7B | $887.4M |
| Total Assets | $4.1B | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.2B | $704.4M | ||
| Q3 25 | $1.3B | $651.1M | ||
| Q2 25 | $1.3B | $611.7M | ||
| Q1 25 | $1.1B | $563.5M | ||
| Q4 24 | $1.0B | $522.0M | ||
| Q3 24 | $1.0B | $467.8M | ||
| Q2 24 | $1.0B | $591.3M | ||
| Q1 24 | $836.9M | $579.6M |
| Q4 25 | $2.7B | $887.4M | ||
| Q3 25 | $2.8B | $859.4M | ||
| Q2 25 | $2.7B | $826.5M | ||
| Q1 25 | $2.6B | $800.0M | ||
| Q4 24 | $2.6B | $773.5M | ||
| Q3 24 | $2.1B | $756.2M | ||
| Q2 24 | $2.1B | $721.4M | ||
| Q1 24 | $2.0B | $707.8M |
| Q4 25 | $4.1B | $1.3B | ||
| Q3 25 | $4.1B | $1.3B | ||
| Q2 25 | $4.1B | $1.2B | ||
| Q1 25 | $4.1B | $1.2B | ||
| Q4 24 | $3.7B | $1.1B | ||
| Q3 24 | $3.3B | $1.1B | ||
| Q2 24 | $3.3B | $1.0B | ||
| Q1 24 | $3.4B | $997.1M |
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 | $33.8M | $50.7M |
| Free Cash FlowOCF − Capex | $27.2M | $49.9M |
| FCF MarginFCF / Revenue | 5.3% | 34.3% |
| Capex IntensityCapex / Revenue | 1.3% | 0.6% |
| Cash ConversionOCF / Net Profit | 0.84× | — |
| TTM Free Cash FlowTrailing 4 quarters | $465.5M | $142.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $33.8M | $50.7M | ||
| Q3 25 | $32.0M | $30.2M | ||
| Q2 25 | $269.7M | $36.1M | ||
| Q1 25 | $162.8M | $28.8M | ||
| Q4 24 | $42.2M | $49.1M | ||
| Q3 24 | $23.6M | $27.6M | ||
| Q2 24 | $230.7M | $16.7M | ||
| Q1 24 | $131.7M | $17.5M |
| Q4 25 | $27.2M | $49.9M | ||
| Q3 25 | $27.8M | $28.8M | ||
| Q2 25 | $262.2M | $35.5M | ||
| Q1 25 | $148.2M | $28.1M | ||
| Q4 24 | $37.6M | $48.5M | ||
| Q3 24 | $20.1M | $26.7M | ||
| Q2 24 | $227.4M | $16.0M | ||
| Q1 24 | $121.9M | $16.6M |
| Q4 25 | 5.3% | 34.3% | ||
| Q3 25 | 5.6% | 21.0% | ||
| Q2 25 | 54.9% | 27.9% | ||
| Q1 25 | 33.3% | 23.0% | ||
| Q4 24 | 8.6% | 41.8% | ||
| Q3 24 | 4.8% | 24.5% | ||
| Q2 24 | 57.0% | 15.5% | ||
| Q1 24 | 32.0% | 16.6% |
| Q4 25 | 1.3% | 0.6% | ||
| Q3 25 | 0.8% | 1.0% | ||
| Q2 25 | 1.6% | 0.5% | ||
| Q1 25 | 3.3% | 0.5% | ||
| Q4 24 | 1.1% | 0.5% | ||
| Q3 24 | 0.8% | 0.9% | ||
| Q2 24 | 0.8% | 0.7% | ||
| Q1 24 | 2.6% | 0.8% |
| Q4 25 | 0.84× | — | ||
| Q3 25 | 0.56× | — | ||
| Q2 25 | 5.62× | — | ||
| Q1 25 | 4.14× | — | ||
| Q4 24 | 0.12× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 5.97× | — | ||
| Q1 24 | 3.47× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DT
| Subscription And Circulation | $493.4M | 96% |
| Services | $22.1M | 4% |
FROG
Segment breakdown not available.
