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Side-by-side financial comparison of JFrog Ltd (FROG) and Limbach Holdings, Inc. (LMB). Click either name above to swap in a different company.
Limbach Holdings, Inc. is the larger business by last-quarter revenue ($186.9M vs $145.3M, roughly 1.3× JFrog Ltd). Limbach Holdings, Inc. runs the higher net margin — 6.6% vs -10.5%, a 17.0% gap on every dollar of revenue. On growth, Limbach Holdings, Inc. posted the faster year-over-year revenue change (30.1% vs 25.2%). JFrog Ltd produced more free cash flow last quarter ($49.9M vs $27.9M). Over the past eight quarters, Limbach Holdings, Inc.'s revenue compounded faster (25.3% 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.
Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.
FROG vs LMB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $145.3M | $186.9M |
| Net Profit | $-15.2M | $12.3M |
| Gross Margin | 77.9% | 25.7% |
| Operating Margin | -14.7% | 9.4% |
| Net Margin | -10.5% | 6.6% |
| Revenue YoY | 25.2% | 30.1% |
| Net Profit YoY | 34.4% | 25.0% |
| EPS (diluted) | $-0.13 | $1.01 |
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 | $186.9M | ||
| Q3 25 | $136.9M | $184.6M | ||
| Q2 25 | $127.2M | $142.2M | ||
| Q1 25 | $122.4M | $133.1M | ||
| Q4 24 | $116.1M | $143.7M | ||
| Q3 24 | $109.1M | $133.9M | ||
| Q2 24 | $103.0M | $122.2M | ||
| Q1 24 | $100.3M | $119.0M |
| Q4 25 | $-15.2M | $12.3M | ||
| Q3 25 | $-16.4M | $8.8M | ||
| Q2 25 | $-21.7M | $7.8M | ||
| Q1 25 | $-18.5M | $10.2M | ||
| Q4 24 | $-23.2M | $9.8M | ||
| Q3 24 | $-22.9M | $7.5M | ||
| Q2 24 | $-14.3M | $6.0M | ||
| Q1 24 | $-8.8M | $7.6M |
| Q4 25 | 77.9% | 25.7% | ||
| Q3 25 | 77.4% | 24.2% | ||
| Q2 25 | 76.3% | 28.0% | ||
| Q1 25 | 75.3% | 27.6% | ||
| Q4 24 | 75.4% | 30.3% | ||
| Q3 24 | 75.0% | 27.0% | ||
| Q2 24 | 78.8% | 27.4% | ||
| Q1 24 | 79.5% | 26.1% |
| Q4 25 | -14.7% | 9.4% | ||
| Q3 25 | -15.8% | 7.2% | ||
| Q2 25 | -20.4% | 7.5% | ||
| Q1 25 | -18.8% | 5.9% | ||
| Q4 24 | -21.9% | 9.1% | ||
| Q3 24 | -27.4% | 8.1% | ||
| Q2 24 | -18.6% | 6.7% | ||
| Q1 24 | -16.6% | 5.5% |
| Q4 25 | -10.5% | 6.6% | ||
| Q3 25 | -12.0% | 4.8% | ||
| Q2 25 | -17.0% | 5.5% | ||
| Q1 25 | -15.1% | 7.7% | ||
| Q4 24 | -20.0% | 6.9% | ||
| Q3 24 | -21.0% | 5.6% | ||
| Q2 24 | -13.9% | 4.9% | ||
| Q1 24 | -8.8% | 6.4% |
| Q4 25 | $-0.13 | $1.01 | ||
| Q3 25 | $-0.14 | $0.73 | ||
| Q2 25 | $-0.19 | $0.64 | ||
| Q1 25 | $-0.16 | $0.85 | ||
| Q4 24 | $-0.21 | $0.81 | ||
| Q3 24 | $-0.21 | $0.62 | ||
| Q2 24 | $-0.13 | $0.50 | ||
| Q1 24 | $-0.08 | $0.64 |
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 | $11.3M |
| Total DebtLower is stronger | — | $30.5M |
| Stockholders' EquityBook value | $887.4M | $195.7M |
| Total Assets | $1.3B | $381.1M |
| Debt / EquityLower = less leverage | — | 0.16× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $704.4M | $11.3M | ||
| Q3 25 | $651.1M | $9.8M | ||
| Q2 25 | $611.7M | $38.9M | ||
| Q1 25 | $563.5M | $38.1M | ||
| Q4 24 | $522.0M | $44.9M | ||
| Q3 24 | $467.8M | $51.2M | ||
| Q2 24 | $591.3M | $59.5M | ||
| Q1 24 | $579.6M | $48.2M |
| Q4 25 | — | $30.5M | ||
| Q3 25 | — | $56.3M | ||
| Q2 25 | — | $28.4M | ||
| Q1 25 | — | $23.7M | ||
| Q4 24 | — | $23.6M | ||
| Q3 24 | — | $20.5M | ||
| Q2 24 | — | $19.7M | ||
| Q1 24 | — | $19.4M |
| Q4 25 | $887.4M | $195.7M | ||
| Q3 25 | $859.4M | $181.6M | ||
| Q2 25 | $826.5M | $170.5M | ||
| Q1 25 | $800.0M | $161.1M | ||
| Q4 24 | $773.5M | $153.5M | ||
| Q3 24 | $756.2M | $142.2M | ||
| Q2 24 | $721.4M | $133.0M | ||
| Q1 24 | $707.8M | $125.5M |
| Q4 25 | $1.3B | $381.1M | ||
| Q3 25 | $1.3B | $409.1M | ||
| Q2 25 | $1.2B | $343.0M | ||
| Q1 25 | $1.2B | $336.4M | ||
| Q4 24 | $1.1B | $352.1M | ||
| Q3 24 | $1.1B | $324.4M | ||
| Q2 24 | $1.0B | $303.9M | ||
| Q1 24 | $997.1M | $289.2M |
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | — | 0.15× | ||
| Q3 24 | — | 0.14× | ||
| Q2 24 | — | 0.15× | ||
| Q1 24 | — | 0.15× |
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 | $28.1M |
| Free Cash FlowOCF − Capex | $49.9M | $27.9M |
| FCF MarginFCF / Revenue | 34.3% | 14.9% |
| Capex IntensityCapex / Revenue | 0.6% | 0.1% |
| Cash ConversionOCF / Net Profit | — | 2.29× |
| TTM Free Cash FlowTrailing 4 quarters | $142.3M | $41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $50.7M | $28.1M | ||
| Q3 25 | $30.2M | $13.3M | ||
| Q2 25 | $36.1M | $2.0M | ||
| Q1 25 | $28.8M | $2.2M | ||
| Q4 24 | $49.1M | $19.3M | ||
| Q3 24 | $27.6M | $4.9M | ||
| Q2 24 | $16.7M | $16.5M | ||
| Q1 24 | $17.5M | $-3.9M |
| Q4 25 | $49.9M | $27.9M | ||
| Q3 25 | $28.8M | $12.8M | ||
| Q2 25 | $35.5M | $1.2M | ||
| Q1 25 | $28.1M | $11.0K | ||
| Q4 24 | $48.5M | $18.0M | ||
| Q3 24 | $26.7M | $4.6M | ||
| Q2 24 | $16.0M | $13.2M | ||
| Q1 24 | $16.6M | $-6.5M |
| Q4 25 | 34.3% | 14.9% | ||
| Q3 25 | 21.0% | 7.0% | ||
| Q2 25 | 27.9% | 0.8% | ||
| Q1 25 | 23.0% | 0.0% | ||
| Q4 24 | 41.8% | 12.5% | ||
| Q3 24 | 24.5% | 3.4% | ||
| Q2 24 | 15.5% | 10.8% | ||
| Q1 24 | 16.6% | -5.5% |
| Q4 25 | 0.6% | 0.1% | ||
| Q3 25 | 1.0% | 0.3% | ||
| Q2 25 | 0.5% | 0.6% | ||
| Q1 25 | 0.5% | 1.7% | ||
| Q4 24 | 0.5% | 0.9% | ||
| Q3 24 | 0.9% | 0.3% | ||
| Q2 24 | 0.7% | 2.7% | ||
| Q1 24 | 0.8% | 2.1% |
| Q4 25 | — | 2.29× | ||
| Q3 25 | — | 1.52× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.22× | ||
| Q4 24 | — | 1.96× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 2.77× | ||
| Q1 24 | — | -0.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FROG
Segment breakdown not available.
LMB
| Owner Direct Relationships Segment | $145.0M | 78% |
| General Contractor Construction Manager Relationships Segment | $41.9M | 22% |
