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Side-by-side financial comparison of JFrog Ltd (FROG) and MOVADO GROUP INC (MOV). Click either name above to swap in a different company.
MOVADO GROUP INC is the larger business by last-quarter revenue ($186.1M vs $145.3M, roughly 1.3× JFrog Ltd). MOVADO GROUP INC runs the higher net margin — 5.1% vs -10.5%, a 15.6% gap on every dollar of revenue. On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs 1.9%). JFrog Ltd produced more free cash flow last quarter ($49.9M vs $11.6M). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs 2.9%).
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.
Movado is a luxury American watch brand originally founded in 1881 in Switzerland. Movado means "movement" in Esperanto. The watches are known for their signature metallic dot at 12 o'clock and minimalist style; the company is best known for its Museum Watch.
FROG vs MOV — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $145.3M | $186.1M |
| Net Profit | $-15.2M | $9.6M |
| Gross Margin | 77.9% | 54.3% |
| Operating Margin | -14.7% | 6.3% |
| Net Margin | -10.5% | 5.1% |
| Revenue YoY | 25.2% | 1.9% |
| Net Profit YoY | 34.4% | 89.8% |
| EPS (diluted) | $-0.13 | $0.42 |
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 | $186.1M | ||
| Q3 25 | $136.9M | $161.8M | ||
| Q2 25 | $127.2M | $131.8M | ||
| Q1 25 | $122.4M | $181.5M | ||
| Q4 24 | $116.1M | $180.5M | ||
| Q3 24 | $109.1M | $157.0M | ||
| Q2 24 | $103.0M | $134.4M | ||
| Q1 24 | $100.3M | $175.8M |
| Q4 25 | $-15.2M | $9.6M | ||
| Q3 25 | $-16.4M | $3.0M | ||
| Q2 25 | $-21.7M | $1.4M | ||
| Q1 25 | $-18.5M | $8.1M | ||
| Q4 24 | $-23.2M | $4.8M | ||
| Q3 24 | $-22.9M | $3.5M | ||
| Q2 24 | $-14.3M | $2.0M | ||
| Q1 24 | $-8.8M | $9.8M |
| Q4 25 | 77.9% | 54.3% | ||
| Q3 25 | 77.4% | 54.1% | ||
| Q2 25 | 76.3% | 54.1% | ||
| Q1 25 | 75.3% | 54.2% | ||
| Q4 24 | 75.4% | 53.5% | ||
| Q3 24 | 75.0% | 54.3% | ||
| Q2 24 | 78.8% | 54.3% | ||
| Q1 24 | 79.5% | 53.5% |
| Q4 25 | -14.7% | 6.3% | ||
| Q3 25 | -15.8% | 2.5% | ||
| Q2 25 | -20.4% | 0.2% | ||
| Q1 25 | -18.8% | 5.1% | ||
| Q4 24 | -21.9% | 3.3% | ||
| Q3 24 | -27.4% | 1.7% | ||
| Q2 24 | -18.6% | 1.6% | ||
| Q1 24 | -16.6% | 6.1% |
| Q4 25 | -10.5% | 5.1% | ||
| Q3 25 | -12.0% | 1.8% | ||
| Q2 25 | -17.0% | 1.1% | ||
| Q1 25 | -15.1% | 4.4% | ||
| Q4 24 | -20.0% | 2.7% | ||
| Q3 24 | -21.0% | 2.2% | ||
| Q2 24 | -13.9% | 1.5% | ||
| Q1 24 | -8.8% | 5.6% |
| Q4 25 | $-0.13 | $0.42 | ||
| Q3 25 | $-0.14 | $0.13 | ||
| Q2 25 | $-0.19 | $0.06 | ||
| Q1 25 | $-0.16 | $0.36 | ||
| Q4 24 | $-0.21 | $0.21 | ||
| Q3 24 | $-0.21 | $0.15 | ||
| Q2 24 | $-0.13 | $0.09 | ||
| Q1 24 | $-0.08 | $0.44 |
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 | $183.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $887.4M | $497.5M |
| Total Assets | $1.3B | $751.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $704.4M | $183.9M | ||
| Q3 25 | $651.1M | $180.5M | ||
| Q2 25 | $611.7M | $203.1M | ||
| Q1 25 | $563.5M | $208.5M | ||
| Q4 24 | $522.0M | $181.5M | ||
| Q3 24 | $467.8M | $198.3M | ||
| Q2 24 | $591.3M | $225.4M | ||
| Q1 24 | $579.6M | $262.1M |
| Q4 25 | $887.4M | $497.5M | ||
| Q3 25 | $859.4M | $489.9M | ||
| Q2 25 | $826.5M | $493.2M | ||
| Q1 25 | $800.0M | $481.3M | ||
| Q4 24 | $773.5M | $491.3M | ||
| Q3 24 | $756.2M | $492.0M | ||
| Q2 24 | $721.4M | $489.6M | ||
| Q1 24 | $707.8M | $505.9M |
| Q4 25 | $1.3B | $751.9M | ||
| Q3 25 | $1.3B | $748.7M | ||
| Q2 25 | $1.2B | $747.2M | ||
| Q1 25 | $1.2B | $729.2M | ||
| Q4 24 | $1.1B | $747.2M | ||
| Q3 24 | $1.1B | $742.5M | ||
| Q2 24 | $1.0B | $736.0M | ||
| Q1 24 | $997.1M | $756.5M |
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 | $12.3M |
| Free Cash FlowOCF − Capex | $49.9M | $11.6M |
| FCF MarginFCF / Revenue | 34.3% | 6.2% |
| Capex IntensityCapex / Revenue | 0.6% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 1.28× |
| TTM Free Cash FlowTrailing 4 quarters | $142.3M | $35.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $50.7M | $12.3M | ||
| Q3 25 | $30.2M | $-3.8M | ||
| Q2 25 | $36.1M | $-7.2M | ||
| Q1 25 | $28.8M | $39.1M | ||
| Q4 24 | $49.1M | $-4.7M | ||
| Q3 24 | $27.6M | $-17.8M | ||
| Q2 24 | $16.7M | $-18.1M | ||
| Q1 24 | $17.5M | $69.4M |
| Q4 25 | $49.9M | $11.6M | ||
| Q3 25 | $28.8M | $-5.1M | ||
| Q2 25 | $35.5M | $-8.7M | ||
| Q1 25 | $28.1M | $37.5M | ||
| Q4 24 | $48.5M | $-7.2M | ||
| Q3 24 | $26.7M | $-20.1M | ||
| Q2 24 | $16.0M | $-19.7M | ||
| Q1 24 | $16.6M | $67.8M |
| Q4 25 | 34.3% | 6.2% | ||
| Q3 25 | 21.0% | -3.1% | ||
| Q2 25 | 27.9% | -6.6% | ||
| Q1 25 | 23.0% | 20.7% | ||
| Q4 24 | 41.8% | -4.0% | ||
| Q3 24 | 24.5% | -12.8% | ||
| Q2 24 | 15.5% | -14.7% | ||
| Q1 24 | 16.6% | 38.6% |
| Q4 25 | 0.6% | 0.4% | ||
| Q3 25 | 1.0% | 0.8% | ||
| Q2 25 | 0.5% | 1.2% | ||
| Q1 25 | 0.5% | 0.9% | ||
| Q4 24 | 0.5% | 1.4% | ||
| Q3 24 | 0.9% | 1.5% | ||
| Q2 24 | 0.7% | 1.2% | ||
| Q1 24 | 0.8% | 0.9% |
| Q4 25 | — | 1.28× | ||
| Q3 25 | — | -1.27× | ||
| Q2 25 | — | -5.08× | ||
| Q1 25 | — | 4.86× | ||
| Q4 24 | — | -0.98× | ||
| Q3 24 | — | -5.14× | ||
| Q2 24 | — | -8.97× | ||
| Q1 24 | — | 7.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FROG
Segment breakdown not available.
MOV
| Other | $81.4M | 44% |
| Owned Brands Category | $46.0M | 25% |
| Sales Channel Directly To Consumer | $35.3M | 19% |
| Company Stores | $23.4M | 13% |
