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Side-by-side financial comparison of Ellington Financial Inc. (EFC) and JFrog Ltd (FROG). Click either name above to swap in a different company.
JFrog Ltd is the larger business by last-quarter revenue ($145.3M vs $78.2M, roughly 1.9× Ellington Financial Inc.). Ellington Financial Inc. runs the higher net margin — 28.9% vs -10.5%, a 39.4% gap on every dollar of revenue. On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs 8.7%). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs 1.8%).
Ellington Management Group is an American hedge fund firm. As of June 2019, the firm was reportedly managing $8.5 billion in structured products and other credit instruments.
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.
EFC vs FROG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $78.2M | $145.3M |
| Net Profit | $22.6M | $-15.2M |
| Gross Margin | — | 77.9% |
| Operating Margin | 7.4% | -14.7% |
| Net Margin | 28.9% | -10.5% |
| Revenue YoY | 8.7% | 25.2% |
| Net Profit YoY | -26.2% | 34.4% |
| EPS (diluted) | $0.10 | $-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 | $78.2M | $145.3M | ||
| Q3 25 | $82.8M | $136.9M | ||
| Q2 25 | $92.5M | $127.2M | ||
| Q1 25 | $82.9M | $122.4M | ||
| Q4 24 | $72.0M | $116.1M | ||
| Q3 24 | $67.0M | $109.1M | ||
| Q2 24 | $91.2M | $103.0M | ||
| Q1 24 | $75.5M | $100.3M |
| Q4 25 | $22.6M | $-15.2M | ||
| Q3 25 | $29.5M | $-16.4M | ||
| Q2 25 | $42.9M | $-21.7M | ||
| Q1 25 | $31.6M | $-18.5M | ||
| Q4 24 | $30.7M | $-23.2M | ||
| Q3 24 | $16.2M | $-22.9M | ||
| Q2 24 | $52.3M | $-14.3M | ||
| Q1 24 | $26.9M | $-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 | 7.4% | -14.7% | ||
| Q3 25 | 31.1% | -15.8% | ||
| Q2 25 | 38.3% | -20.4% | ||
| Q1 25 | 37.3% | -18.8% | ||
| Q4 24 | 28.0% | -21.9% | ||
| Q3 24 | 24.0% | -27.4% | ||
| Q2 24 | 52.8% | -18.6% | ||
| Q1 24 | 42.2% | -16.6% |
| Q4 25 | 28.9% | -10.5% | ||
| Q3 25 | 35.7% | -12.0% | ||
| Q2 25 | 46.4% | -17.0% | ||
| Q1 25 | 38.2% | -15.1% | ||
| Q4 24 | 42.6% | -20.0% | ||
| Q3 24 | 24.1% | -21.0% | ||
| Q2 24 | 57.4% | -13.9% | ||
| Q1 24 | 35.6% | -8.8% |
| Q4 25 | $0.10 | $-0.13 | ||
| Q3 25 | $0.29 | $-0.14 | ||
| Q2 25 | $0.45 | $-0.19 | ||
| Q1 25 | $0.35 | $-0.16 | ||
| Q4 24 | $0.23 | $-0.21 | ||
| Q3 24 | $0.19 | $-0.21 | ||
| Q2 24 | $0.62 | $-0.13 | ||
| Q1 24 | $0.32 | $-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 | $201.9M | $704.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.8B | $887.4M |
| Total Assets | $19.4B | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $201.9M | $704.4M | ||
| Q3 25 | $184.8M | $651.1M | ||
| Q2 25 | $211.0M | $611.7M | ||
| Q1 25 | $203.3M | $563.5M | ||
| Q4 24 | $192.4M | $522.0M | ||
| Q3 24 | $217.7M | $467.8M | ||
| Q2 24 | $198.5M | $591.3M | ||
| Q1 24 | $187.5M | $579.6M |
| Q4 25 | $1.8B | $887.4M | ||
| Q3 25 | $1.8B | $859.4M | ||
| Q2 25 | $1.7B | $826.5M | ||
| Q1 25 | $1.6B | $800.0M | ||
| Q4 24 | $1.6B | $773.5M | ||
| Q3 24 | $1.6B | $756.2M | ||
| Q2 24 | $1.6B | $721.4M | ||
| Q1 24 | $1.5B | $707.8M |
| Q4 25 | $19.4B | $1.3B | ||
| Q3 25 | $17.8B | $1.3B | ||
| Q2 25 | $17.1B | $1.2B | ||
| Q1 25 | $16.6B | $1.2B | ||
| Q4 24 | $16.3B | $1.1B | ||
| Q3 24 | $16.0B | $1.1B | ||
| Q2 24 | $15.1B | $1.0B | ||
| Q1 24 | $15.1B | $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 | $-925.5M | $50.7M |
| Free Cash FlowOCF − Capex | — | $49.9M |
| FCF MarginFCF / Revenue | — | 34.3% |
| Capex IntensityCapex / Revenue | 0.0% | 0.6% |
| Cash ConversionOCF / Net Profit | -40.92× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $142.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-925.5M | $50.7M | ||
| Q3 25 | $-290.4M | $30.2M | ||
| Q2 25 | $-210.5M | $36.1M | ||
| Q1 25 | $-126.4M | $28.8M | ||
| Q4 24 | $-430.5M | $49.1M | ||
| Q3 24 | $-141.7M | $27.6M | ||
| Q2 24 | $-88.6M | $16.7M | ||
| Q1 24 | $-59.5M | $17.5M |
| Q4 25 | — | $49.9M | ||
| Q3 25 | — | $28.8M | ||
| Q2 25 | — | $35.5M | ||
| Q1 25 | — | $28.1M | ||
| Q4 24 | — | $48.5M | ||
| Q3 24 | — | $26.7M | ||
| Q2 24 | — | $16.0M | ||
| Q1 24 | — | $16.6M |
| Q4 25 | — | 34.3% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 27.9% | ||
| Q1 25 | — | 23.0% | ||
| Q4 24 | — | 41.8% | ||
| Q3 24 | — | 24.5% | ||
| Q2 24 | — | 15.5% | ||
| Q1 24 | — | 16.6% |
| Q4 25 | 0.0% | 0.6% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | 0.0% | 0.5% | ||
| Q3 24 | 0.0% | 0.9% | ||
| Q2 24 | 0.0% | 0.7% | ||
| Q1 24 | 0.0% | 0.8% |
| Q4 25 | -40.92× | — | ||
| Q3 25 | -9.84× | — | ||
| Q2 25 | -4.90× | — | ||
| Q1 25 | -3.99× | — | ||
| Q4 24 | -14.04× | — | ||
| Q3 24 | -8.76× | — | ||
| Q2 24 | -1.69× | — | ||
| Q1 24 | -2.21× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
