vs
Side-by-side financial comparison of JFrog Ltd (FROG) and HEARTLAND EXPRESS INC (HTLD). Click either name above to swap in a different company.
HEARTLAND EXPRESS INC is the larger business by last-quarter revenue ($179.4M vs $145.3M, roughly 1.2× JFrog Ltd). JFrog Ltd runs the higher net margin — -10.5% vs -10.8%, a 0.4% gap on every dollar of revenue. On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs -26.1%). JFrog Ltd produced more free cash flow last quarter ($49.9M vs $-44.2M). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs -18.5%).
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.
Heartland Express is an American trucking company headquartered in North Liberty, Iowa. The company offers truckload shipping services across the United States.
FROG vs HTLD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $145.3M | $179.4M |
| Net Profit | $-15.2M | $-19.4M |
| Gross Margin | 77.9% | — |
| Operating Margin | -14.7% | -12.7% |
| Net Margin | -10.5% | -10.8% |
| Revenue YoY | 25.2% | -26.1% |
| Net Profit YoY | 34.4% | -949.2% |
| EPS (diluted) | $-0.13 | $-0.24 |
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 | $145.3M | $179.4M | ||
| Q3 25 | $136.9M | $196.5M | ||
| Q2 25 | $127.2M | $210.4M | ||
| Q1 25 | $122.4M | $219.4M | ||
| Q4 24 | $116.1M | $242.6M | ||
| Q3 24 | $109.1M | $259.9M | ||
| Q2 24 | $103.0M | $274.8M | ||
| Q1 24 | $100.3M | $270.3M |
| Q4 25 | $-15.2M | $-19.4M | ||
| Q3 25 | $-16.4M | $-8.3M | ||
| Q2 25 | $-21.7M | $-10.9M | ||
| Q1 25 | $-18.5M | $-13.9M | ||
| Q4 24 | $-23.2M | $-1.9M | ||
| Q3 24 | $-22.9M | $-9.3M | ||
| Q2 24 | $-14.3M | $-3.5M | ||
| Q1 24 | $-8.8M | $-15.1M |
| 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 | -14.7% | -12.7% | ||
| Q3 25 | -15.8% | -3.7% | ||
| Q2 25 | -20.4% | -5.9% | ||
| Q1 25 | -18.8% | -6.8% | ||
| Q4 24 | -21.9% | 0.4% | ||
| Q3 24 | -27.4% | -2.7% | ||
| Q2 24 | -18.6% | 0.1% | ||
| Q1 24 | -16.6% | -5.3% |
| Q4 25 | -10.5% | -10.8% | ||
| Q3 25 | -12.0% | -4.2% | ||
| Q2 25 | -17.0% | -5.2% | ||
| Q1 25 | -15.1% | -6.3% | ||
| Q4 24 | -20.0% | -0.8% | ||
| Q3 24 | -21.0% | -3.6% | ||
| Q2 24 | -13.9% | -1.3% | ||
| Q1 24 | -8.8% | -5.6% |
| Q4 25 | $-0.13 | $-0.24 | ||
| Q3 25 | $-0.14 | $-0.11 | ||
| Q2 25 | $-0.19 | $-0.14 | ||
| Q1 25 | $-0.16 | $-0.18 | ||
| Q4 24 | $-0.21 | $-0.03 | ||
| Q3 24 | $-0.21 | $-0.12 | ||
| Q2 24 | $-0.13 | $-0.04 | ||
| Q1 24 | $-0.08 | $-0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $704.4M | $18.5M |
| Total DebtLower is stronger | — | $154.1M |
| Stockholders' EquityBook value | $887.4M | $755.3M |
| Total Assets | $1.3B | $1.2B |
| Debt / EquityLower = less leverage | — | 0.20× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $704.4M | $18.5M | ||
| Q3 25 | $651.1M | $32.7M | ||
| Q2 25 | $611.7M | $22.9M | ||
| Q1 25 | $563.5M | $23.9M | ||
| Q4 24 | $522.0M | $12.8M | ||
| Q3 24 | $467.8M | $30.7M | ||
| Q2 24 | $591.3M | $23.9M | ||
| Q1 24 | $579.6M | $23.8M |
| Q4 25 | — | $154.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $187.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $887.4M | $755.3M | ||
| Q3 25 | $859.4M | $775.6M | ||
| Q2 25 | $826.5M | $786.7M | ||
| Q1 25 | $800.0M | $807.7M | ||
| Q4 24 | $773.5M | $822.6M | ||
| Q3 24 | $756.2M | $825.7M | ||
| Q2 24 | $721.4M | $836.8M | ||
| Q1 24 | $707.8M | $848.8M |
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.3B | $1.3B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.1B | $1.4B | ||
| Q2 24 | $1.0B | $1.4B | ||
| Q1 24 | $997.1M | $1.5B |
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.23× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $14.9M |
| Free Cash FlowOCF − Capex | $49.9M | $-44.2M |
| FCF MarginFCF / Revenue | 34.3% | -24.6% |
| Capex IntensityCapex / Revenue | 0.6% | 33.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $142.3M | $-66.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $50.7M | $14.9M | ||
| Q3 25 | $30.2M | $27.5M | ||
| Q2 25 | $36.1M | $21.0M | ||
| Q1 25 | $28.8M | $25.8M | ||
| Q4 24 | $49.1M | $37.8M | ||
| Q3 24 | $27.6M | $35.6M | ||
| Q2 24 | $16.7M | $40.0M | ||
| Q1 24 | $17.5M | $31.0M |
| Q4 25 | $49.9M | $-44.2M | ||
| Q3 25 | $28.8M | $-12.2M | ||
| Q2 25 | $35.5M | $-12.8M | ||
| Q1 25 | $28.1M | $2.3M | ||
| Q4 24 | $48.5M | $-45.5M | ||
| Q3 24 | $26.7M | $24.6M | ||
| Q2 24 | $16.0M | $29.4M | ||
| Q1 24 | $16.6M | $26.3M |
| Q4 25 | 34.3% | -24.6% | ||
| Q3 25 | 21.0% | -6.2% | ||
| Q2 25 | 27.9% | -6.1% | ||
| Q1 25 | 23.0% | 1.0% | ||
| Q4 24 | 41.8% | -18.8% | ||
| Q3 24 | 24.5% | 9.5% | ||
| Q2 24 | 15.5% | 10.7% | ||
| Q1 24 | 16.6% | 9.7% |
| Q4 25 | 0.6% | 33.0% | ||
| Q3 25 | 1.0% | 20.2% | ||
| Q2 25 | 0.5% | 16.1% | ||
| Q1 25 | 0.5% | 10.7% | ||
| Q4 24 | 0.5% | 34.3% | ||
| Q3 24 | 0.9% | 4.2% | ||
| Q2 24 | 0.7% | 3.8% | ||
| Q1 24 | 0.8% | 1.7% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
