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Side-by-side financial comparison of JFrog Ltd (FROG) and IMAX CORP (IMAX). Click either name above to swap in a different company.
JFrog Ltd is the larger business by last-quarter revenue ($145.3M vs $125.2M, roughly 1.2× IMAX CORP). IMAX CORP runs the higher net margin — 0.5% vs -10.5%, a 11.0% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 25.2%). JFrog Ltd produced more free cash flow last quarter ($49.9M vs $28.0M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 20.4%).
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.
IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.
FROG vs IMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $145.3M | $125.2M |
| Net Profit | $-15.2M | $637.0K |
| Gross Margin | 77.9% | 57.6% |
| Operating Margin | -14.7% | 19.3% |
| Net Margin | -10.5% | 0.5% |
| Revenue YoY | 25.2% | 35.1% |
| Net Profit YoY | 34.4% | -88.0% |
| EPS (diluted) | $-0.13 | $0.02 |
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 | $125.2M | ||
| Q3 25 | $136.9M | $106.7M | ||
| Q2 25 | $127.2M | $91.7M | ||
| Q1 25 | $122.4M | $86.7M | ||
| Q4 24 | $116.1M | $92.7M | ||
| Q3 24 | $109.1M | $91.5M | ||
| Q2 24 | $103.0M | $89.0M | ||
| Q1 24 | $100.3M | $79.1M |
| Q4 25 | $-15.2M | $637.0K | ||
| Q3 25 | $-16.4M | $20.7M | ||
| Q2 25 | $-21.7M | $11.3M | ||
| Q1 25 | $-18.5M | $2.3M | ||
| Q4 24 | $-23.2M | $5.3M | ||
| Q3 24 | $-22.9M | $13.9M | ||
| Q2 24 | $-14.3M | $3.6M | ||
| Q1 24 | $-8.8M | $3.3M |
| Q4 25 | 77.9% | 57.6% | ||
| Q3 25 | 77.4% | 63.1% | ||
| Q2 25 | 76.3% | 58.5% | ||
| Q1 25 | 75.3% | 61.4% | ||
| Q4 24 | 75.4% | 52.2% | ||
| Q3 24 | 75.0% | 55.8% | ||
| Q2 24 | 78.8% | 49.4% | ||
| Q1 24 | 79.5% | 59.3% |
| Q4 25 | -14.7% | 19.3% | ||
| Q3 25 | -15.8% | 27.2% | ||
| Q2 25 | -20.4% | 15.6% | ||
| Q1 25 | -18.8% | 19.3% | ||
| Q4 24 | -21.9% | 10.3% | ||
| Q3 24 | -27.4% | 21.2% | ||
| Q2 24 | -18.6% | 3.2% | ||
| Q1 24 | -16.6% | 15.3% |
| Q4 25 | -10.5% | 0.5% | ||
| Q3 25 | -12.0% | 19.4% | ||
| Q2 25 | -17.0% | 12.3% | ||
| Q1 25 | -15.1% | 2.7% | ||
| Q4 24 | -20.0% | 5.7% | ||
| Q3 24 | -21.0% | 15.2% | ||
| Q2 24 | -13.9% | 4.0% | ||
| Q1 24 | -8.8% | 4.1% |
| Q4 25 | $-0.13 | $0.02 | ||
| Q3 25 | $-0.14 | $0.37 | ||
| Q2 25 | $-0.19 | $0.20 | ||
| Q1 25 | $-0.16 | $0.04 | ||
| Q4 24 | $-0.21 | $0.09 | ||
| Q3 24 | $-0.21 | $0.26 | ||
| Q2 24 | $-0.13 | $0.07 | ||
| Q1 24 | $-0.08 | $0.06 |
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 | $151.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $887.4M | $337.9M |
| Total Assets | $1.3B | $894.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $704.4M | $151.2M | ||
| Q3 25 | $651.1M | $143.1M | ||
| Q2 25 | $611.7M | $109.3M | ||
| Q1 25 | $563.5M | $97.1M | ||
| Q4 24 | $522.0M | $100.6M | ||
| Q3 24 | $467.8M | $104.5M | ||
| Q2 24 | $591.3M | $91.6M | ||
| Q1 24 | $579.6M | $81.0M |
| Q4 25 | $887.4M | $337.9M | ||
| Q3 25 | $859.4M | $349.5M | ||
| Q2 25 | $826.5M | $320.4M | ||
| Q1 25 | $800.0M | $299.5M | ||
| Q4 24 | $773.5M | $299.5M | ||
| Q3 24 | $756.2M | $289.4M | ||
| Q2 24 | $721.4M | $267.2M | ||
| Q1 24 | $707.8M | $258.8M |
| Q4 25 | $1.3B | $894.0M | ||
| Q3 25 | $1.3B | $889.6M | ||
| Q2 25 | $1.2B | $868.6M | ||
| Q1 25 | $1.2B | $848.3M | ||
| Q4 24 | $1.1B | $830.4M | ||
| Q3 24 | $1.1B | $847.6M | ||
| Q2 24 | $1.0B | $827.4M | ||
| Q1 24 | $997.1M | $824.1M |
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 | $29.4M |
| Free Cash FlowOCF − Capex | $49.9M | $28.0M |
| FCF MarginFCF / Revenue | 34.3% | 22.3% |
| Capex IntensityCapex / Revenue | 0.6% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | $142.3M | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $50.7M | $29.4M | ||
| Q3 25 | $30.2M | $67.5M | ||
| Q2 25 | $36.1M | $23.2M | ||
| Q1 25 | $28.8M | $7.0M | ||
| Q4 24 | $49.1M | $11.5M | ||
| Q3 24 | $27.6M | $35.3M | ||
| Q2 24 | $16.7M | $35.0M | ||
| Q1 24 | $17.5M | $-11.0M |
| Q4 25 | $49.9M | $28.0M | ||
| Q3 25 | $28.8M | $64.8M | ||
| Q2 25 | $35.5M | $20.9M | ||
| Q1 25 | $28.1M | $5.3M | ||
| Q4 24 | $48.5M | $6.9M | ||
| Q3 24 | $26.7M | $34.2M | ||
| Q2 24 | $16.0M | $33.5M | ||
| Q1 24 | $16.6M | $-12.1M |
| Q4 25 | 34.3% | 22.3% | ||
| Q3 25 | 21.0% | 60.7% | ||
| Q2 25 | 27.9% | 22.8% | ||
| Q1 25 | 23.0% | 6.1% | ||
| Q4 24 | 41.8% | 7.4% | ||
| Q3 24 | 24.5% | 37.3% | ||
| Q2 24 | 15.5% | 37.6% | ||
| Q1 24 | 16.6% | -15.3% |
| Q4 25 | 0.6% | 1.1% | ||
| Q3 25 | 1.0% | 2.6% | ||
| Q2 25 | 0.5% | 2.6% | ||
| Q1 25 | 0.5% | 1.9% | ||
| Q4 24 | 0.5% | 5.0% | ||
| Q3 24 | 0.9% | 1.2% | ||
| Q2 24 | 0.7% | 1.8% | ||
| Q1 24 | 0.8% | 1.4% |
| Q4 25 | — | 46.11× | ||
| Q3 25 | — | 3.27× | ||
| Q2 25 | — | 2.06× | ||
| Q1 25 | — | 2.99× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | — | 2.54× | ||
| Q2 24 | — | 9.78× | ||
| Q1 24 | — | -3.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FROG
Segment breakdown not available.
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
