vs

Side-by-side financial comparison of JFrog Ltd (FROG) and 9F Inc. (JFU). Click either name above to swap in a different company.

JFrog Ltd is the larger business by last-quarter revenue ($145.3M vs $81.4M, roughly 1.8× 9F Inc.). JFrog Ltd runs the higher net margin — -10.5% vs -105.9%, a 95.4% gap on every dollar of revenue. JFrog Ltd produced more free cash flow last quarter ($49.9M vs $2.7M).

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.

9F Inc. is a leading digital financial technology platform based in China, offering consumer finance, wealth management, and insurance brokerage services primarily to retail and small business customers across domestic markets. It leverages big data and artificial intelligence to deliver tailored, accessible financial solutions that meet diverse user needs across multiple fintech segments.

FROG vs JFU — Head-to-Head

Bigger by revenue
FROG
FROG
1.8× larger
FROG
$145.3M
$81.4M
JFU
Higher net margin
FROG
FROG
95.4% more per $
FROG
-10.5%
-105.9%
JFU
More free cash flow
FROG
FROG
$47.2M more FCF
FROG
$49.9M
$2.7M
JFU

Income Statement — Q4 FY2025 vs Q4 FY2022

Metric
FROG
FROG
JFU
JFU
Revenue
$145.3M
$81.4M
Net Profit
$-15.2M
$-86.2M
Gross Margin
77.9%
19.3%
Operating Margin
-14.7%
-26.8%
Net Margin
-10.5%
-105.9%
Revenue YoY
25.2%
Net Profit YoY
34.4%
EPS (diluted)
$-0.13

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
JFU
JFU
Q4 25
$145.3M
Q3 25
$136.9M
Q2 25
$127.2M
Q1 25
$122.4M
Q4 24
$116.1M
Q3 24
$109.1M
Q2 24
$103.0M
Q1 24
$100.3M
Net Profit
FROG
FROG
JFU
JFU
Q4 25
$-15.2M
Q3 25
$-16.4M
Q2 25
$-21.7M
Q1 25
$-18.5M
Q4 24
$-23.2M
Q3 24
$-22.9M
Q2 24
$-14.3M
Q1 24
$-8.8M
Gross Margin
FROG
FROG
JFU
JFU
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
JFU
JFU
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 24
-16.6%
Net Margin
FROG
FROG
JFU
JFU
Q4 25
-10.5%
Q3 25
-12.0%
Q2 25
-17.0%
Q1 25
-15.1%
Q4 24
-20.0%
Q3 24
-21.0%
Q2 24
-13.9%
Q1 24
-8.8%
EPS (diluted)
FROG
FROG
JFU
JFU
Q4 25
$-0.13
Q3 25
$-0.14
Q2 25
$-0.19
Q1 25
$-0.16
Q4 24
$-0.21
Q3 24
$-0.21
Q2 24
$-0.13
Q1 24
$-0.08

Balance Sheet & Financial Strength

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

Metric
FROG
FROG
JFU
JFU
Cash + ST InvestmentsLiquidity on hand
$704.4M
$335.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$887.4M
$530.1M
Total Assets
$1.3B
$625.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FROG
FROG
JFU
JFU
Q4 25
$704.4M
Q3 25
$651.1M
Q2 25
$611.7M
Q1 25
$563.5M
Q4 24
$522.0M
Q3 24
$467.8M
Q2 24
$591.3M
Q1 24
$579.6M
Stockholders' Equity
FROG
FROG
JFU
JFU
Q4 25
$887.4M
Q3 25
$859.4M
Q2 25
$826.5M
Q1 25
$800.0M
Q4 24
$773.5M
Q3 24
$756.2M
Q2 24
$721.4M
Q1 24
$707.8M
Total Assets
FROG
FROG
JFU
JFU
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.0B
Q1 24
$997.1M

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
JFU
JFU
Operating Cash FlowLast quarter
$50.7M
$9.2M
Free Cash FlowOCF − Capex
$49.9M
$2.7M
FCF MarginFCF / Revenue
34.3%
3.3%
Capex IntensityCapex / Revenue
0.6%
8.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$142.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FROG
FROG
JFU
JFU
Q4 25
$50.7M
Q3 25
$30.2M
Q2 25
$36.1M
Q1 25
$28.8M
Q4 24
$49.1M
Q3 24
$27.6M
Q2 24
$16.7M
Q1 24
$17.5M
Free Cash Flow
FROG
FROG
JFU
JFU
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 24
$16.6M
FCF Margin
FROG
FROG
JFU
JFU
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 24
16.6%
Capex Intensity
FROG
FROG
JFU
JFU
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 24
0.8%

Financial Flow Comparison

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

Related Comparisons