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Side-by-side financial comparison of JFrog Ltd (FROG) and MATTHEWS INTERNATIONAL CORP (MATW). Click either name above to swap in a different company.

MATTHEWS INTERNATIONAL CORP is the larger business by last-quarter revenue ($284.8M vs $145.3M, roughly 2.0× JFrog Ltd). MATTHEWS INTERNATIONAL CORP runs the higher net margin — 15.3% vs -10.5%, a 25.8% gap on every dollar of revenue. On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs -29.1%). JFrog Ltd produced more free cash flow last quarter ($49.9M vs $-57.2M).

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.

Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.

FROG vs MATW — Head-to-Head

Bigger by revenue
MATW
MATW
2.0× larger
MATW
$284.8M
$145.3M
FROG
Growing faster (revenue YoY)
FROG
FROG
+54.3% gap
FROG
25.2%
-29.1%
MATW
Higher net margin
MATW
MATW
25.8% more per $
MATW
15.3%
-10.5%
FROG
More free cash flow
FROG
FROG
$107.1M more FCF
FROG
$49.9M
$-57.2M
MATW

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FROG
FROG
MATW
MATW
Revenue
$145.3M
$284.8M
Net Profit
$-15.2M
$43.6M
Gross Margin
77.9%
35.0%
Operating Margin
-14.7%
34.2%
Net Margin
-10.5%
15.3%
Revenue YoY
25.2%
-29.1%
Net Profit YoY
34.4%
1356.6%
EPS (diluted)
$-0.13
$1.39

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
MATW
MATW
Q4 25
$145.3M
$284.8M
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
MATW
MATW
Q4 25
$-15.2M
$43.6M
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
MATW
MATW
Q4 25
77.9%
35.0%
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
MATW
MATW
Q4 25
-14.7%
34.2%
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
MATW
MATW
Q4 25
-10.5%
15.3%
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
MATW
MATW
Q4 25
$-0.13
$1.39
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
MATW
MATW
Cash + ST InvestmentsLiquidity on hand
$704.4M
$31.4M
Total DebtLower is stronger
$529.8M
Stockholders' EquityBook value
$887.4M
$543.2M
Total Assets
$1.3B
$1.6B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FROG
FROG
MATW
MATW
Q4 25
$704.4M
$31.4M
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
Total Debt
FROG
FROG
MATW
MATW
Q4 25
$529.8M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FROG
FROG
MATW
MATW
Q4 25
$887.4M
$543.2M
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
MATW
MATW
Q4 25
$1.3B
$1.6B
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
Debt / Equity
FROG
FROG
MATW
MATW
Q4 25
0.98×
Q3 25
Q2 25
Q1 25
Q4 24
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
FROG
FROG
MATW
MATW
Operating Cash FlowLast quarter
$50.7M
$-52.0M
Free Cash FlowOCF − Capex
$49.9M
$-57.2M
FCF MarginFCF / Revenue
34.3%
-20.1%
Capex IntensityCapex / Revenue
0.6%
1.8%
Cash ConversionOCF / Net Profit
-1.19×
TTM Free Cash FlowTrailing 4 quarters
$142.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FROG
FROG
MATW
MATW
Q4 25
$50.7M
$-52.0M
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
MATW
MATW
Q4 25
$49.9M
$-57.2M
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
MATW
MATW
Q4 25
34.3%
-20.1%
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
MATW
MATW
Q4 25
0.6%
1.8%
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%
Cash Conversion
FROG
FROG
MATW
MATW
Q4 25
-1.19×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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