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

JFrog Ltd is the larger business by last-quarter revenue ($145.3M vs $120.4M, roughly 1.2× Hippo Holdings Inc.). Hippo Holdings Inc. runs the higher net margin — 5.0% vs -10.5%, a 15.5% 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 $9.1M). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs 18.9%).

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.

Hippo Valley Estate is a sugar estate found near the town of Chiredzi in Chiredzi District of southeastern Zimbabwe, on the Runde River near the border with Mozambique.

FROG vs HIPO — Head-to-Head

Bigger by revenue
FROG
FROG
1.2× larger
FROG
$145.3M
$120.4M
HIPO
Growing faster (revenue YoY)
FROG
FROG
+7.0% gap
FROG
25.2%
18.2%
HIPO
Higher net margin
HIPO
HIPO
15.5% more per $
HIPO
5.0%
-10.5%
FROG
More free cash flow
FROG
FROG
$40.8M more FCF
FROG
$49.9M
$9.1M
HIPO
Faster 2-yr revenue CAGR
FROG
FROG
Annualised
FROG
20.4%
18.9%
HIPO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FROG
FROG
HIPO
HIPO
Revenue
$145.3M
$120.4M
Net Profit
$-15.2M
$6.0M
Gross Margin
77.9%
Operating Margin
-14.7%
5.6%
Net Margin
-10.5%
5.0%
Revenue YoY
25.2%
18.2%
Net Profit YoY
34.4%
-86.4%
EPS (diluted)
$-0.13
$0.31

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
FROG
FROG
HIPO
HIPO
Q4 25
$145.3M
$120.4M
Q3 25
$136.9M
$120.6M
Q2 25
$127.2M
$117.3M
Q1 25
$122.4M
$110.3M
Q4 24
$116.1M
$101.9M
Q3 24
$109.1M
$95.5M
Q2 24
$103.0M
$89.6M
Q1 24
$100.3M
$85.1M
Net Profit
FROG
FROG
HIPO
HIPO
Q4 25
$-15.2M
$6.0M
Q3 25
$-16.4M
$98.1M
Q2 25
$-21.7M
$1.3M
Q1 25
$-18.5M
$-47.7M
Q4 24
$-23.2M
$44.2M
Q3 24
$-22.9M
$-8.5M
Q2 24
$-14.3M
$-40.5M
Q1 24
$-8.8M
$-35.7M
Gross Margin
FROG
FROG
HIPO
HIPO
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%
Operating Margin
FROG
FROG
HIPO
HIPO
Q4 25
-14.7%
5.6%
Q3 25
-15.8%
81.3%
Q2 25
-20.4%
3.4%
Q1 25
-18.8%
-41.3%
Q4 24
-21.9%
46.3%
Q3 24
-27.4%
-5.4%
Q2 24
-18.6%
-40.7%
Q1 24
-16.6%
-38.7%
Net Margin
FROG
FROG
HIPO
HIPO
Q4 25
-10.5%
5.0%
Q3 25
-12.0%
81.3%
Q2 25
-17.0%
1.1%
Q1 25
-15.1%
-43.2%
Q4 24
-20.0%
43.4%
Q3 24
-21.0%
-8.9%
Q2 24
-13.9%
-45.2%
Q1 24
-8.8%
-42.0%
EPS (diluted)
FROG
FROG
HIPO
HIPO
Q4 25
$-0.13
$0.31
Q3 25
$-0.14
$3.77
Q2 25
$-0.19
$0.05
Q1 25
$-0.16
$-1.91
Q4 24
$-0.21
$1.81
Q3 24
$-0.21
$-0.34
Q2 24
$-0.13
$-1.64
Q1 24
$-0.08
$-1.47

Balance Sheet & Financial Strength

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

Metric
FROG
FROG
HIPO
HIPO
Cash + ST InvestmentsLiquidity on hand
$704.4M
$218.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$887.4M
$436.1M
Total Assets
$1.3B
$1.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FROG
FROG
HIPO
HIPO
Q4 25
$704.4M
$218.3M
Q3 25
$651.1M
$247.7M
Q2 25
$611.7M
$198.9M
Q1 25
$563.5M
$140.9M
Q4 24
$522.0M
$197.6M
Q3 24
$467.8M
$191.2M
Q2 24
$591.3M
$175.9M
Q1 24
$579.6M
$223.4M
Stockholders' Equity
FROG
FROG
HIPO
HIPO
Q4 25
$887.4M
$436.1M
Q3 25
$859.4M
$421.5M
Q2 25
$826.5M
$332.5M
Q1 25
$800.0M
$322.8M
Q4 24
$773.5M
$362.1M
Q3 24
$756.2M
$326.4M
Q2 24
$721.4M
$322.6M
Q1 24
$707.8M
$351.2M
Total Assets
FROG
FROG
HIPO
HIPO
Q4 25
$1.3B
$1.9B
Q3 25
$1.3B
$1.9B
Q2 25
$1.2B
$1.7B
Q1 25
$1.2B
$1.5B
Q4 24
$1.1B
$1.5B
Q3 24
$1.1B
$1.5B
Q2 24
$1.0B
$1.5B
Q1 24
$997.1M
$1.5B

Cash Flow & Capital Efficiency

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

Metric
FROG
FROG
HIPO
HIPO
Operating Cash FlowLast quarter
$50.7M
$9.2M
Free Cash FlowOCF − Capex
$49.9M
$9.1M
FCF MarginFCF / Revenue
34.3%
7.6%
Capex IntensityCapex / Revenue
0.6%
0.1%
Cash ConversionOCF / Net Profit
1.53×
TTM Free Cash FlowTrailing 4 quarters
$142.3M
$14.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FROG
FROG
HIPO
HIPO
Q4 25
$50.7M
$9.2M
Q3 25
$30.2M
$16.9M
Q2 25
$36.1M
$24.7M
Q1 25
$28.8M
$-35.6M
Q4 24
$49.1M
$47.5M
Q3 24
$27.6M
$46.8M
Q2 24
$16.7M
$-10.6M
Q1 24
$17.5M
$17.7M
Free Cash Flow
FROG
FROG
HIPO
HIPO
Q4 25
$49.9M
$9.1M
Q3 25
$28.8M
$16.8M
Q2 25
$35.5M
$24.6M
Q1 25
$28.1M
$-35.7M
Q4 24
$48.5M
$47.2M
Q3 24
$26.7M
Q2 24
$16.0M
$-10.7M
Q1 24
$16.6M
$17.6M
FCF Margin
FROG
FROG
HIPO
HIPO
Q4 25
34.3%
7.6%
Q3 25
21.0%
13.9%
Q2 25
27.9%
21.0%
Q1 25
23.0%
-32.4%
Q4 24
41.8%
46.3%
Q3 24
24.5%
Q2 24
15.5%
-11.9%
Q1 24
16.6%
20.7%
Capex Intensity
FROG
FROG
HIPO
HIPO
Q4 25
0.6%
0.1%
Q3 25
1.0%
0.1%
Q2 25
0.5%
0.1%
Q1 25
0.5%
0.1%
Q4 24
0.5%
0.3%
Q3 24
0.9%
0.0%
Q2 24
0.7%
0.1%
Q1 24
0.8%
0.1%
Cash Conversion
FROG
FROG
HIPO
HIPO
Q4 25
1.53×
Q3 25
0.17×
Q2 25
19.00×
Q1 25
Q4 24
1.07×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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