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Side-by-side financial comparison of JFrog Ltd (FROG) and Ranpak Holdings Corp. (PACK). Click either name above to swap in a different company.
JFrog Ltd is the larger business by last-quarter revenue ($145.3M vs $93.7M, roughly 1.6× Ranpak Holdings Corp.). On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs 2.3%). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs 13.7%).
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.
Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry, along with automation solutions. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Kansas City, Missouri; the Netherlands; Czech Republic; Shanghai and Singapore. The paper packaging material can be used for multiple applications like wrapping, cushioning, void fill and cold chain p...
FROG vs PACK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $145.3M | $93.7M |
| Net Profit | $-15.2M | — |
| Gross Margin | 77.9% | 39.0% |
| Operating Margin | -14.7% | -1.0% |
| Net Margin | -10.5% | — |
| Revenue YoY | 25.2% | 2.3% |
| Net Profit YoY | 34.4% | — |
| EPS (diluted) | $-0.13 | $-0.11 |
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 | $93.7M | ||
| Q3 25 | $136.9M | $83.6M | ||
| Q2 25 | $127.2M | $77.8M | ||
| Q1 25 | $122.4M | $77.6M | ||
| Q4 24 | $116.1M | $91.6M | ||
| Q3 24 | $109.1M | $78.6M | ||
| Q2 24 | $103.0M | $72.8M | ||
| Q1 24 | $100.3M | $72.5M |
| Q4 25 | $-15.2M | — | ||
| Q3 25 | $-16.4M | $-10.4M | ||
| Q2 25 | $-21.7M | $-7.5M | ||
| Q1 25 | $-18.5M | $-10.9M | ||
| Q4 24 | $-23.2M | — | ||
| Q3 24 | $-22.9M | $-8.1M | ||
| Q2 24 | $-14.3M | $5.5M | ||
| Q1 24 | $-8.8M | $-8.1M |
| Q4 25 | 77.9% | 39.0% | ||
| Q3 25 | 77.4% | 41.1% | ||
| Q2 25 | 76.3% | 37.1% | ||
| Q1 25 | 75.3% | 39.8% | ||
| Q4 24 | 75.4% | 45.2% | ||
| Q3 24 | 75.0% | 43.8% | ||
| Q2 24 | 78.8% | 43.5% | ||
| Q1 24 | 79.5% | 44.6% |
| Q4 25 | -14.7% | -1.0% | ||
| Q3 25 | -15.8% | -6.8% | ||
| Q2 25 | -20.4% | -12.5% | ||
| Q1 25 | -18.8% | -10.3% | ||
| Q4 24 | -21.9% | 1.5% | ||
| Q3 24 | -27.4% | -5.3% | ||
| Q2 24 | -18.6% | -7.1% | ||
| Q1 24 | -16.6% | -6.6% |
| Q4 25 | -10.5% | — | ||
| Q3 25 | -12.0% | -12.4% | ||
| Q2 25 | -17.0% | -9.6% | ||
| Q1 25 | -15.1% | -14.0% | ||
| Q4 24 | -20.0% | — | ||
| Q3 24 | -21.0% | -10.3% | ||
| Q2 24 | -13.9% | 7.6% | ||
| Q1 24 | -8.8% | -11.2% |
| Q4 25 | $-0.13 | $-0.11 | ||
| Q3 25 | $-0.14 | $-0.12 | ||
| Q2 25 | $-0.19 | $-0.09 | ||
| Q1 25 | $-0.16 | $-0.13 | ||
| Q4 24 | $-0.21 | $-0.13 | ||
| Q3 24 | $-0.21 | $-0.10 | ||
| Q2 24 | $-0.13 | $0.07 | ||
| Q1 24 | $-0.08 | $-0.10 |
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 | $63.0M |
| Total DebtLower is stronger | — | $401.9M |
| Stockholders' EquityBook value | $887.4M | $534.9M |
| Total Assets | $1.3B | $1.1B |
| Debt / EquityLower = less leverage | — | 0.75× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $704.4M | $63.0M | ||
| Q3 25 | $651.1M | $49.9M | ||
| Q2 25 | $611.7M | $49.2M | ||
| Q1 25 | $563.5M | $65.5M | ||
| Q4 24 | $522.0M | $76.1M | ||
| Q3 24 | $467.8M | $69.5M | ||
| Q2 24 | $591.3M | $65.1M | ||
| Q1 24 | $579.6M | $55.1M |
| Q4 25 | — | $401.9M | ||
| Q3 25 | — | $403.1M | ||
| Q2 25 | — | $403.1M | ||
| Q1 25 | — | $405.2M | ||
| Q4 24 | — | $406.4M | ||
| Q3 24 | — | $403.2M | ||
| Q2 24 | — | $396.1M | ||
| Q1 24 | — | $396.7M |
| Q4 25 | $887.4M | $534.9M | ||
| Q3 25 | $859.4M | $537.8M | ||
| Q2 25 | $826.5M | $539.0M | ||
| Q1 25 | $800.0M | $544.1M | ||
| Q4 24 | $773.5M | $548.1M | ||
| Q3 24 | $756.2M | $564.3M | ||
| Q2 24 | $721.4M | $566.2M | ||
| Q1 24 | $707.8M | $560.0M |
| Q4 25 | $1.3B | $1.1B | ||
| Q3 25 | $1.3B | $1.1B | ||
| Q2 25 | $1.2B | $1.1B | ||
| Q1 25 | $1.2B | $1.1B | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.0B | $1.1B | ||
| Q1 24 | $997.1M | $1.1B |
| Q4 25 | — | 0.75× | ||
| Q3 25 | — | 0.75× | ||
| Q2 25 | — | 0.75× | ||
| Q1 25 | — | 0.74× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.71× | ||
| Q2 24 | — | 0.70× | ||
| Q1 24 | — | 0.71× |
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 | $19.5M |
| 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.
| Q4 25 | $50.7M | $19.5M | ||
| Q3 25 | $30.2M | $8.5M | ||
| Q2 25 | $36.1M | $-3.6M | ||
| Q1 25 | $28.8M | $-1.3M | ||
| Q4 24 | $49.1M | $6.5M | ||
| Q3 24 | $27.6M | $10.1M | ||
| Q2 24 | $16.7M | $19.6M | ||
| Q1 24 | $17.5M | $5.2M |
| 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 | — |
| 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% | — |
| 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% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.56× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FROG
Segment breakdown not available.
PACK
| Other | $47.9M | 51% |
| Europe And Asia Segment | $45.8M | 49% |
