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Side-by-side financial comparison of JFrog Ltd (FROG) and INDEPENDENCE REALTY TRUST, INC. (IRT). Click either name above to swap in a different company.
INDEPENDENCE REALTY TRUST, INC. is the larger business by last-quarter revenue ($165.3M vs $145.3M, roughly 1.1× JFrog Ltd). On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs 2.5%). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs 2.2%).
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.
Brandywine Realty Trust is a Philadelphia-based real estate investment trust (REIT) that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas.
FROG vs IRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $145.3M | $165.3M |
| Net Profit | $-15.2M | — |
| Gross Margin | 77.9% | — |
| Operating Margin | -14.7% | — |
| Net Margin | -10.5% | — |
| Revenue YoY | 25.2% | 2.5% |
| Net Profit YoY | 34.4% | — |
| EPS (diluted) | $-0.13 | $0.00 |
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 | — | $165.3M | ||
| Q4 25 | $145.3M | $167.1M | ||
| Q3 25 | $136.9M | $167.1M | ||
| Q2 25 | $127.2M | $162.2M | ||
| Q1 25 | $122.4M | $161.2M | ||
| Q4 24 | $116.1M | $161.0M | ||
| Q3 24 | $109.1M | $160.1M | ||
| Q2 24 | $103.0M | $158.4M |
| Q1 26 | — | — | ||
| Q4 25 | $-15.2M | $33.3M | ||
| Q3 25 | $-16.4M | $6.9M | ||
| Q2 25 | $-21.7M | $8.0M | ||
| Q1 25 | $-18.5M | $8.4M | ||
| Q4 24 | $-23.2M | $-1.0M | ||
| Q3 24 | $-22.9M | $12.4M | ||
| Q2 24 | $-14.3M | $10.4M |
| 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 | — | — | ||
| Q4 25 | -14.7% | — | ||
| Q3 25 | -15.8% | — | ||
| Q2 25 | -20.4% | — | ||
| Q1 25 | -18.8% | — | ||
| Q4 24 | -21.9% | — | ||
| Q3 24 | -27.4% | — | ||
| Q2 24 | -18.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | -10.5% | 19.9% | ||
| Q3 25 | -12.0% | 4.1% | ||
| Q2 25 | -17.0% | 5.0% | ||
| Q1 25 | -15.1% | 5.2% | ||
| Q4 24 | -20.0% | -0.6% | ||
| Q3 24 | -21.0% | 7.7% | ||
| Q2 24 | -13.9% | 6.5% |
| Q1 26 | — | $0.00 | ||
| Q4 25 | $-0.13 | $0.14 | ||
| Q3 25 | $-0.14 | $0.03 | ||
| Q2 25 | $-0.19 | $0.03 | ||
| Q1 25 | $-0.16 | $0.04 | ||
| Q4 24 | $-0.21 | $-0.01 | ||
| Q3 24 | $-0.21 | $0.05 | ||
| Q2 24 | $-0.13 | $0.05 |
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 | $23.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $887.4M | $3.4B |
| Total Assets | $1.3B | $6.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $23.3M | ||
| Q4 25 | $704.4M | $23.6M | ||
| Q3 25 | $651.1M | $23.3M | ||
| Q2 25 | $611.7M | $19.5M | ||
| Q1 25 | $563.5M | $29.1M | ||
| Q4 24 | $522.0M | $21.2M | ||
| Q3 24 | $467.8M | $17.6M | ||
| Q2 24 | $591.3M | $21.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $887.4M | $3.5B | ||
| Q3 25 | $859.4M | $3.5B | ||
| Q2 25 | $826.5M | $3.4B | ||
| Q1 25 | $800.0M | $3.5B | ||
| Q4 24 | $773.5M | $3.4B | ||
| Q3 24 | $756.2M | $3.4B | ||
| Q2 24 | $721.4M | $3.4B |
| Q1 26 | — | $6.1B | ||
| Q4 25 | $1.3B | $6.0B | ||
| Q3 25 | $1.3B | $6.1B | ||
| Q2 25 | $1.2B | $6.0B | ||
| Q1 25 | $1.2B | $6.0B | ||
| Q4 24 | $1.1B | $6.1B | ||
| Q3 24 | $1.1B | $5.9B | ||
| Q2 24 | $1.0B | $5.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.66× | ||
| Q3 25 | — | 0.66× | ||
| Q2 25 | — | 0.66× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | 0.68× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.66× |
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 | $50.7M | $282.1M | ||
| Q3 25 | $30.2M | $79.3M | ||
| Q2 25 | $36.1M | $82.2M | ||
| Q1 25 | $28.8M | $60.4M | ||
| Q4 24 | $49.1M | $259.8M | ||
| Q3 24 | $27.6M | $69.2M | ||
| Q2 24 | $16.7M | $83.0M |
| 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 | — | 8.48× | ||
| Q3 25 | — | 11.51× | ||
| Q2 25 | — | 10.22× | ||
| Q1 25 | — | 7.23× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 5.60× | ||
| Q2 24 | — | 8.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FROG
Segment breakdown not available.
IRT
| Rental and other property revenue | $165.2M | 100% |
| Other revenue | $109.0K | 0% |
