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Side-by-side financial comparison of Employers Holdings, Inc. (EIG) and JFrog Ltd (FROG). Click either name above to swap in a different company.

Employers Holdings, Inc. is the larger business by last-quarter revenue ($170.5M vs $145.3M, roughly 1.2× JFrog Ltd). On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs -21.3%). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs -11.4%).

Employers Holdings, Inc. is a U.S.-headquartered insurance holding company that specializes in offering workers' compensation insurance and customized risk management services primarily for small and medium-sized enterprises across the United States. It mainly serves clients in low-to-medium hazard industries, helping them mitigate workplace safety risks and meet relevant regulatory requirements for employee protection.

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.

EIG vs FROG — Head-to-Head

Bigger by revenue
EIG
EIG
1.2× larger
EIG
$170.5M
$145.3M
FROG
Growing faster (revenue YoY)
FROG
FROG
+46.5% gap
FROG
25.2%
-21.3%
EIG
Faster 2-yr revenue CAGR
FROG
FROG
Annualised
FROG
20.4%
-11.4%
EIG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EIG
EIG
FROG
FROG
Revenue
$170.5M
$145.3M
Net Profit
$-15.2M
Gross Margin
77.9%
Operating Margin
-14.7%
Net Margin
-10.5%
Revenue YoY
-21.3%
25.2%
Net Profit YoY
34.4%
EPS (diluted)
$-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.

Revenue
EIG
EIG
FROG
FROG
Q1 26
$170.5M
Q4 25
$188.5M
$145.3M
Q3 25
$239.3M
$136.9M
Q2 25
$246.3M
$127.2M
Q1 25
$202.6M
$122.4M
Q4 24
$216.6M
$116.1M
Q3 24
$224.0M
$109.1M
Q2 24
$217.0M
$103.0M
Net Profit
EIG
EIG
FROG
FROG
Q1 26
Q4 25
$-15.2M
Q3 25
$-8.3M
$-16.4M
Q2 25
$29.7M
$-21.7M
Q1 25
$12.8M
$-18.5M
Q4 24
$-23.2M
Q3 24
$30.3M
$-22.9M
Q2 24
$31.7M
$-14.3M
Gross Margin
EIG
EIG
FROG
FROG
Q1 26
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%
Operating Margin
EIG
EIG
FROG
FROG
Q1 26
Q4 25
-14.7%
Q3 25
-4.7%
-15.8%
Q2 25
15.0%
-20.4%
Q1 25
7.8%
-18.8%
Q4 24
-21.9%
Q3 24
16.4%
-27.4%
Q2 24
18.4%
-18.6%
Net Margin
EIG
EIG
FROG
FROG
Q1 26
Q4 25
-10.5%
Q3 25
-3.5%
-12.0%
Q2 25
12.1%
-17.0%
Q1 25
6.3%
-15.1%
Q4 24
-20.0%
Q3 24
13.5%
-21.0%
Q2 24
14.6%
-13.9%
EPS (diluted)
EIG
EIG
FROG
FROG
Q1 26
Q4 25
$-0.93
$-0.13
Q3 25
$-0.36
$-0.14
Q2 25
$1.23
$-0.19
Q1 25
$0.52
$-0.16
Q4 24
$1.14
$-0.21
Q3 24
$1.21
$-0.21
Q2 24
$1.25
$-0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EIG
EIG
FROG
FROG
Cash + ST InvestmentsLiquidity on hand
$169.9M
$704.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$955.7M
$887.4M
Total Assets
$3.4B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EIG
EIG
FROG
FROG
Q1 26
$169.9M
Q4 25
$169.9M
$704.4M
Q3 25
$172.4M
$651.1M
Q2 25
$78.1M
$611.7M
Q1 25
$100.4M
$563.5M
Q4 24
$68.4M
$522.0M
Q3 24
$173.9M
$467.8M
Q2 24
$126.4M
$591.3M
Total Debt
EIG
EIG
FROG
FROG
Q1 26
Q4 25
$19.0M
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Stockholders' Equity
EIG
EIG
FROG
FROG
Q1 26
$955.7M
Q4 25
$955.7M
$887.4M
Q3 25
$1.0B
$859.4M
Q2 25
$1.1B
$826.5M
Q1 25
$1.1B
$800.0M
Q4 24
$1.1B
$773.5M
Q3 24
$1.1B
$756.2M
Q2 24
$1.0B
$721.4M
Total Assets
EIG
EIG
FROG
FROG
Q1 26
$3.4B
Q4 25
$3.4B
$1.3B
Q3 25
$3.5B
$1.3B
Q2 25
$3.5B
$1.2B
Q1 25
$3.6B
$1.2B
Q4 24
$3.5B
$1.1B
Q3 24
$3.6B
$1.1B
Q2 24
$3.5B
$1.0B
Debt / Equity
EIG
EIG
FROG
FROG
Q1 26
Q4 25
0.02×
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EIG
EIG
FROG
FROG
Operating Cash FlowLast quarter
$50.7M
Free Cash FlowOCF − Capex
$49.9M
FCF MarginFCF / Revenue
34.3%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$142.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EIG
EIG
FROG
FROG
Q1 26
Q4 25
$44.7M
$50.7M
Q3 25
$29.4M
$30.2M
Q2 25
$0
$36.1M
Q1 25
$14.6M
$28.8M
Q4 24
$76.4M
$49.1M
Q3 24
$51.0M
$27.6M
Q2 24
$11.7M
$16.7M
Free Cash Flow
EIG
EIG
FROG
FROG
Q1 26
Q4 25
$44.6M
$49.9M
Q3 25
$28.8M
Q2 25
$35.5M
Q1 25
$28.1M
Q4 24
$76.3M
$48.5M
Q3 24
$26.7M
Q2 24
$16.0M
FCF Margin
EIG
EIG
FROG
FROG
Q1 26
Q4 25
23.7%
34.3%
Q3 25
21.0%
Q2 25
27.9%
Q1 25
23.0%
Q4 24
35.2%
41.8%
Q3 24
24.5%
Q2 24
15.5%
Capex Intensity
EIG
EIG
FROG
FROG
Q1 26
Q4 25
0.1%
0.6%
Q3 25
1.0%
Q2 25
0.5%
Q1 25
0.5%
Q4 24
0.0%
0.5%
Q3 24
0.9%
Q2 24
0.7%
Cash Conversion
EIG
EIG
FROG
FROG
Q1 26
Q4 25
Q3 25
Q2 25
0.00×
Q1 25
1.14×
Q4 24
Q3 24
1.68×
Q2 24
0.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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