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

JFrog Ltd is the larger business by last-quarter revenue ($145.3M vs $88.0M, roughly 1.7× Honest Company, Inc.). JFrog Ltd runs the higher net margin — -10.5% vs -26.8%, a 16.3% gap on every dollar of revenue. On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs -11.8%). JFrog Ltd produced more free cash flow last quarter ($49.9M vs $18.1M). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs 1.0%).

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.

The Honest Company, Inc. is an American digital-first consumer goods company, based in Los Angeles and founded by actress Jessica Alba, Christopher Gavigan, and Brian Lee. The company had $319 million in 2021 sales, and was valued at roughly $550 million as of February 2022. Carla Vernón, Chief Executive Officer, is one of the first Afro-Latina CEOs of a U.S. publicly traded company. The Honest Company has raised multiple rounds of venture capital, and went public via an initial public offeri...

FROG vs HNST — Head-to-Head

Bigger by revenue
FROG
FROG
1.7× larger
FROG
$145.3M
$88.0M
HNST
Growing faster (revenue YoY)
FROG
FROG
+37.0% gap
FROG
25.2%
-11.8%
HNST
Higher net margin
FROG
FROG
16.3% more per $
FROG
-10.5%
-26.8%
HNST
More free cash flow
FROG
FROG
$31.8M more FCF
FROG
$49.9M
$18.1M
HNST
Faster 2-yr revenue CAGR
FROG
FROG
Annualised
FROG
20.4%
1.0%
HNST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FROG
FROG
HNST
HNST
Revenue
$145.3M
$88.0M
Net Profit
$-15.2M
$-23.6M
Gross Margin
77.9%
15.7%
Operating Margin
-14.7%
-27.5%
Net Margin
-10.5%
-26.8%
Revenue YoY
25.2%
-11.8%
Net Profit YoY
34.4%
-2813.2%
EPS (diluted)
$-0.13
$-0.21

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
HNST
HNST
Q4 25
$145.3M
$88.0M
Q3 25
$136.9M
$92.6M
Q2 25
$127.2M
$93.5M
Q1 25
$122.4M
$97.3M
Q4 24
$116.1M
$99.8M
Q3 24
$109.1M
$99.2M
Q2 24
$103.0M
$93.0M
Q1 24
$100.3M
$86.2M
Net Profit
FROG
FROG
HNST
HNST
Q4 25
$-15.2M
$-23.6M
Q3 25
$-16.4M
$758.0K
Q2 25
$-21.7M
$3.9M
Q1 25
$-18.5M
$3.3M
Q4 24
$-23.2M
$-809.0K
Q3 24
$-22.9M
$165.0K
Q2 24
$-14.3M
$-4.1M
Q1 24
$-8.8M
$-1.4M
Gross Margin
FROG
FROG
HNST
HNST
Q4 25
77.9%
15.7%
Q3 25
77.4%
37.3%
Q2 25
76.3%
40.4%
Q1 25
75.3%
38.7%
Q4 24
75.4%
38.8%
Q3 24
75.0%
38.7%
Q2 24
78.8%
38.3%
Q1 24
79.5%
37.0%
Operating Margin
FROG
FROG
HNST
HNST
Q4 25
-14.7%
-27.5%
Q3 25
-15.8%
0.3%
Q2 25
-20.4%
3.1%
Q1 25
-18.8%
2.6%
Q4 24
-21.9%
-1.0%
Q3 24
-27.4%
0.1%
Q2 24
-18.6%
-4.3%
Q1 24
-16.6%
-1.5%
Net Margin
FROG
FROG
HNST
HNST
Q4 25
-10.5%
-26.8%
Q3 25
-12.0%
0.8%
Q2 25
-17.0%
4.1%
Q1 25
-15.1%
3.3%
Q4 24
-20.0%
-0.8%
Q3 24
-21.0%
0.2%
Q2 24
-13.9%
-4.4%
Q1 24
-8.8%
-1.6%
EPS (diluted)
FROG
FROG
HNST
HNST
Q4 25
$-0.13
$-0.21
Q3 25
$-0.14
$0.01
Q2 25
$-0.19
$0.03
Q1 25
$-0.16
$0.03
Q4 24
$-0.21
$-0.01
Q3 24
$-0.21
$0.00
Q2 24
$-0.13
$-0.04
Q1 24
$-0.08
$-0.01

Balance Sheet & Financial Strength

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

Metric
FROG
FROG
HNST
HNST
Cash + ST InvestmentsLiquidity on hand
$704.4M
$89.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$887.4M
$169.7M
Total Assets
$1.3B
$225.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FROG
FROG
HNST
HNST
Q4 25
$704.4M
$89.6M
Q3 25
$651.1M
$71.5M
Q2 25
$611.7M
$72.1M
Q1 25
$563.5M
$72.8M
Q4 24
$522.0M
$75.4M
Q3 24
$467.8M
$53.4M
Q2 24
$591.3M
$36.6M
Q1 24
$579.6M
$33.6M
Stockholders' Equity
FROG
FROG
HNST
HNST
Q4 25
$887.4M
$169.7M
Q3 25
$859.4M
$190.2M
Q2 25
$826.5M
$187.0M
Q1 25
$800.0M
$180.4M
Q4 24
$773.5M
$174.3M
Q3 24
$756.2M
$133.9M
Q2 24
$721.4M
$129.7M
Q1 24
$707.8M
$124.8M
Total Assets
FROG
FROG
HNST
HNST
Q4 25
$1.3B
$225.4M
Q3 25
$1.3B
$241.5M
Q2 25
$1.2B
$249.0M
Q1 25
$1.2B
$265.3M
Q4 24
$1.1B
$247.4M
Q3 24
$1.1B
$209.2M
Q2 24
$1.0B
$200.2M
Q1 24
$997.1M
$198.1M

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
HNST
HNST
Operating Cash FlowLast quarter
$50.7M
$19.3M
Free Cash FlowOCF − Capex
$49.9M
$18.1M
FCF MarginFCF / Revenue
34.3%
20.5%
Capex IntensityCapex / Revenue
0.6%
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$142.3M
$13.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FROG
FROG
HNST
HNST
Q4 25
$50.7M
$19.3M
Q3 25
$30.2M
$-504.0K
Q2 25
$36.1M
$-745.0K
Q1 25
$28.8M
$-2.9M
Q4 24
$49.1M
$-16.8M
Q3 24
$27.6M
$15.1M
Q2 24
$16.7M
$2.9M
Q1 24
$17.5M
$336.0K
Free Cash Flow
FROG
FROG
HNST
HNST
Q4 25
$49.9M
$18.1M
Q3 25
$28.8M
$-624.0K
Q2 25
$35.5M
$-826.0K
Q1 25
$28.1M
$-3.0M
Q4 24
$48.5M
$-17.2M
Q3 24
$26.7M
$15.0M
Q2 24
$16.0M
$2.9M
Q1 24
$16.6M
$260.0K
FCF Margin
FROG
FROG
HNST
HNST
Q4 25
34.3%
20.5%
Q3 25
21.0%
-0.7%
Q2 25
27.9%
-0.9%
Q1 25
23.0%
-3.1%
Q4 24
41.8%
-17.2%
Q3 24
24.5%
15.1%
Q2 24
15.5%
3.1%
Q1 24
16.6%
0.3%
Capex Intensity
FROG
FROG
HNST
HNST
Q4 25
0.6%
1.4%
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%
0.1%
Q2 24
0.7%
0.0%
Q1 24
0.8%
0.1%
Cash Conversion
FROG
FROG
HNST
HNST
Q4 25
Q3 25
-0.66×
Q2 25
-0.19×
Q1 25
-0.90×
Q4 24
Q3 24
91.42×
Q2 24
Q1 24

Financial Flow Comparison

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

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