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Side-by-side financial comparison of ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) and JFrog Ltd (FROG). Click either name above to swap in a different company.
ESSENTIAL PROPERTIES REALTY TRUST, INC. is the larger business by last-quarter revenue ($158.8M vs $145.3M, roughly 1.1× JFrog Ltd). ESSENTIAL PROPERTIES REALTY TRUST, INC. runs the higher net margin — 37.8% vs -10.5%, a 48.2% gap on every dollar of revenue. On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs 22.8%). Over the past eight quarters, ESSENTIAL PROPERTIES REALTY TRUST, INC.'s revenue compounded faster (20.6% CAGR vs 20.4%).
Essential Properties Realty Trust is a publicly traded real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of single-tenant net-leased commercial properties across the United States. Its assets primarily cover essential service-oriented sectors including casual dining, automotive services, medical clinics, early childhood education centers and light industrial facilities, with tenants mostly holding robust long-term operating track records.
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.
EPRT vs FROG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $158.8M | $145.3M |
| Net Profit | $60.0M | $-15.2M |
| Gross Margin | — | 77.9% |
| Operating Margin | 56.5% | -14.7% |
| Net Margin | 37.8% | -10.5% |
| Revenue YoY | 22.8% | 25.2% |
| Net Profit YoY | 6.5% | 34.4% |
| EPS (diluted) | $0.28 | $-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.
| Q1 26 | $158.8M | — | ||
| Q4 25 | $149.9M | $145.3M | ||
| Q3 25 | $144.9M | $136.9M | ||
| Q2 25 | $137.1M | $127.2M | ||
| Q1 25 | $129.4M | $122.4M | ||
| Q4 24 | $119.7M | $116.1M | ||
| Q3 24 | $117.1M | $109.1M | ||
| Q2 24 | $109.3M | $103.0M |
| Q1 26 | $60.0M | — | ||
| Q4 25 | $68.1M | $-15.2M | ||
| Q3 25 | $65.6M | $-16.4M | ||
| Q2 25 | $63.2M | $-21.7M | ||
| Q1 25 | $56.1M | $-18.5M | ||
| Q4 24 | $55.4M | $-23.2M | ||
| Q3 24 | $49.1M | $-22.9M | ||
| Q2 24 | $51.5M | $-14.3M |
| 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% |
| Q1 26 | 56.5% | — | ||
| Q4 25 | 65.9% | -14.7% | ||
| Q3 25 | 64.7% | -15.8% | ||
| Q2 25 | 64.1% | -20.4% | ||
| Q1 25 | 61.6% | -18.8% | ||
| Q4 24 | 66.1% | -21.9% | ||
| Q3 24 | 59.7% | -27.4% | ||
| Q2 24 | 61.1% | -18.6% |
| Q1 26 | 37.8% | — | ||
| Q4 25 | 45.4% | -10.5% | ||
| Q3 25 | 45.3% | -12.0% | ||
| Q2 25 | 46.1% | -17.0% | ||
| Q1 25 | 43.4% | -15.1% | ||
| Q4 24 | 46.3% | -20.0% | ||
| Q3 24 | 42.0% | -21.0% | ||
| Q2 24 | 47.1% | -13.9% |
| Q1 26 | $0.28 | — | ||
| Q4 25 | $0.34 | $-0.13 | ||
| Q3 25 | $0.33 | $-0.14 | ||
| Q2 25 | $0.32 | $-0.19 | ||
| Q1 25 | $0.29 | $-0.16 | ||
| Q4 24 | $0.31 | $-0.21 | ||
| Q3 24 | $0.27 | $-0.21 | ||
| Q2 24 | $0.29 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $15.2M | $704.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.4B | $887.4M |
| Total Assets | $7.2B | $1.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $15.2M | — | ||
| Q4 25 | $60.2M | $704.4M | ||
| Q3 25 | $23.8M | $651.1M | ||
| Q2 25 | $20.8M | $611.7M | ||
| Q1 25 | $47.0M | $563.5M | ||
| Q4 24 | $40.7M | $522.0M | ||
| Q3 24 | $32.7M | $467.8M | ||
| Q2 24 | $23.6M | $591.3M |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $1.9B | — |
| Q1 26 | $4.4B | — | ||
| Q4 25 | $4.2B | $887.4M | ||
| Q3 25 | $3.8B | $859.4M | ||
| Q2 25 | $3.8B | $826.5M | ||
| Q1 25 | $3.8B | $800.0M | ||
| Q4 24 | $3.6B | $773.5M | ||
| Q3 24 | $3.2B | $756.2M | ||
| Q2 24 | $3.2B | $721.4M |
| Q1 26 | $7.2B | — | ||
| Q4 25 | $6.9B | $1.3B | ||
| Q3 25 | $6.6B | $1.3B | ||
| Q2 25 | $6.3B | $1.2B | ||
| Q1 25 | $6.1B | $1.2B | ||
| Q4 24 | $5.8B | $1.1B | ||
| Q3 24 | $5.5B | $1.1B | ||
| Q2 24 | $5.3B | $1.0B |
| Q1 26 | — | — | ||
| Q4 25 | 0.60× | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.61× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.60× | — | ||
| Q3 24 | 0.69× | — | ||
| Q2 24 | 0.59× | — |
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 | — | $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.
| Q1 26 | — | — | ||
| Q4 25 | $381.1M | $50.7M | ||
| Q3 25 | $99.0M | $30.2M | ||
| Q2 25 | $99.8M | $36.1M | ||
| Q1 25 | $77.2M | $28.8M | ||
| Q4 24 | $308.5M | $49.1M | ||
| Q3 24 | $73.5M | $27.6M | ||
| Q2 24 | $81.1M | $16.7M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 0.7% |
| Q1 26 | — | — | ||
| Q4 25 | 5.60× | — | ||
| Q3 25 | 1.51× | — | ||
| Q2 25 | 1.58× | — | ||
| Q1 25 | 1.38× | — | ||
| Q4 24 | 5.57× | — | ||
| Q3 24 | 1.50× | — | ||
| Q2 24 | 1.57× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EPRT
| Rental revenue 1,2 | $149.4M | 94% |
| Other | $8.6M | 5% |
| Other revenue | $779.0K | 0% |
FROG
Segment breakdown not available.
