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Side-by-side financial comparison of JFrog Ltd (FROG) and DOUGLAS DYNAMICS, INC (PLOW). Click either name above to swap in a different company.

DOUGLAS DYNAMICS, INC is the larger business by last-quarter revenue ($184.5M vs $145.3M, roughly 1.3× JFrog Ltd). DOUGLAS DYNAMICS, INC runs the higher net margin — 7.0% vs -10.5%, a 17.4% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs 25.2%). DOUGLAS DYNAMICS, INC produced more free cash flow last quarter ($92.8M vs $49.9M). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% 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.

General Dynamics Corporation (GD) is an American industrial and technology company based in Reston, Virginia. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S. federal government...

FROG vs PLOW — Head-to-Head

Bigger by revenue
PLOW
PLOW
1.3× larger
PLOW
$184.5M
$145.3M
FROG
Growing faster (revenue YoY)
PLOW
PLOW
+3.4% gap
PLOW
28.6%
25.2%
FROG
Higher net margin
PLOW
PLOW
17.4% more per $
PLOW
7.0%
-10.5%
FROG
More free cash flow
PLOW
PLOW
$43.0M more FCF
PLOW
$92.8M
$49.9M
FROG
Faster 2-yr revenue CAGR
PLOW
PLOW
Annualised
PLOW
38.9%
20.4%
FROG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FROG
FROG
PLOW
PLOW
Revenue
$145.3M
$184.5M
Net Profit
$-15.2M
$12.8M
Gross Margin
77.9%
26.1%
Operating Margin
-14.7%
10.5%
Net Margin
-10.5%
7.0%
Revenue YoY
25.2%
28.6%
Net Profit YoY
34.4%
62.3%
EPS (diluted)
$-0.13
$0.54

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
PLOW
PLOW
Q4 25
$145.3M
$184.5M
Q3 25
$136.9M
$162.1M
Q2 25
$127.2M
$194.3M
Q1 25
$122.4M
$115.1M
Q4 24
$116.1M
$143.5M
Q3 24
$109.1M
$129.4M
Q2 24
$103.0M
$199.9M
Q1 24
$100.3M
$95.7M
Net Profit
FROG
FROG
PLOW
PLOW
Q4 25
$-15.2M
$12.8M
Q3 25
$-16.4M
$8.0M
Q2 25
$-21.7M
$26.0M
Q1 25
$-18.5M
$148.0K
Q4 24
$-23.2M
$7.9M
Q3 24
$-22.9M
$32.3M
Q2 24
$-14.3M
$24.3M
Q1 24
$-8.8M
$-8.4M
Gross Margin
FROG
FROG
PLOW
PLOW
Q4 25
77.9%
26.1%
Q3 25
77.4%
23.5%
Q2 25
76.3%
31.0%
Q1 25
75.3%
24.5%
Q4 24
75.4%
24.9%
Q3 24
75.0%
23.9%
Q2 24
78.8%
30.7%
Q1 24
79.5%
19.8%
Operating Margin
FROG
FROG
PLOW
PLOW
Q4 25
-14.7%
10.5%
Q3 25
-15.8%
8.7%
Q2 25
-20.4%
19.0%
Q1 25
-18.8%
2.8%
Q4 24
-21.9%
9.0%
Q3 24
-27.4%
35.4%
Q2 24
-18.6%
18.2%
Q1 24
-16.6%
-6.7%
Net Margin
FROG
FROG
PLOW
PLOW
Q4 25
-10.5%
7.0%
Q3 25
-12.0%
4.9%
Q2 25
-17.0%
13.4%
Q1 25
-15.1%
0.1%
Q4 24
-20.0%
5.5%
Q3 24
-21.0%
24.9%
Q2 24
-13.9%
12.2%
Q1 24
-8.8%
-8.7%
EPS (diluted)
FROG
FROG
PLOW
PLOW
Q4 25
$-0.13
$0.54
Q3 25
$-0.14
$0.33
Q2 25
$-0.19
$1.09
Q1 25
$-0.16
$0.00
Q4 24
$-0.21
$0.35
Q3 24
$-0.21
$1.36
Q2 24
$-0.13
$1.02
Q1 24
$-0.08
$-0.37

Balance Sheet & Financial Strength

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

Metric
FROG
FROG
PLOW
PLOW
Cash + ST InvestmentsLiquidity on hand
$704.4M
Total DebtLower is stronger
$144.0M
Stockholders' EquityBook value
$887.4M
$281.4M
Total Assets
$1.3B
$626.7M
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FROG
FROG
PLOW
PLOW
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
Total Debt
FROG
FROG
PLOW
PLOW
Q4 25
$144.0M
Q3 25
Q2 25
Q1 25
Q4 24
$147.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FROG
FROG
PLOW
PLOW
Q4 25
$887.4M
$281.4M
Q3 25
$859.4M
$275.3M
Q2 25
$826.5M
$273.3M
Q1 25
$800.0M
$258.9M
Q4 24
$773.5M
$264.2M
Q3 24
$756.2M
$260.8M
Q2 24
$721.4M
$236.7M
Q1 24
$707.8M
$217.2M
Total Assets
FROG
FROG
PLOW
PLOW
Q4 25
$1.3B
$626.7M
Q3 25
$1.3B
$694.9M
Q2 25
$1.2B
$671.5M
Q1 25
$1.2B
$621.0M
Q4 24
$1.1B
$590.0M
Q3 24
$1.1B
$665.6M
Q2 24
$1.0B
$617.0M
Q1 24
$997.1M
$577.1M
Debt / Equity
FROG
FROG
PLOW
PLOW
Q4 25
0.51×
Q3 25
Q2 25
Q1 25
Q4 24
0.56×
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
PLOW
PLOW
Operating Cash FlowLast quarter
$50.7M
$95.9M
Free Cash FlowOCF − Capex
$49.9M
$92.8M
FCF MarginFCF / Revenue
34.3%
50.3%
Capex IntensityCapex / Revenue
0.6%
1.7%
Cash ConversionOCF / Net Profit
7.47×
TTM Free Cash FlowTrailing 4 quarters
$142.3M
$63.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FROG
FROG
PLOW
PLOW
Q4 25
$50.7M
$95.9M
Q3 25
$30.2M
$-8.5M
Q2 25
$36.1M
$-11.4M
Q1 25
$28.8M
$-1.3M
Q4 24
$49.1M
$74.4M
Q3 24
$27.6M
$-14.2M
Q2 24
$16.7M
$2.5M
Q1 24
$17.5M
$-21.6M
Free Cash Flow
FROG
FROG
PLOW
PLOW
Q4 25
$49.9M
$92.8M
Q3 25
$28.8M
$-11.4M
Q2 25
$35.5M
$-14.3M
Q1 25
$28.1M
$-3.5M
Q4 24
$48.5M
$70.2M
Q3 24
$26.7M
$-15.2M
Q2 24
$16.0M
$836.0K
Q1 24
$16.6M
$-22.4M
FCF Margin
FROG
FROG
PLOW
PLOW
Q4 25
34.3%
50.3%
Q3 25
21.0%
-7.1%
Q2 25
27.9%
-7.4%
Q1 25
23.0%
-3.0%
Q4 24
41.8%
48.9%
Q3 24
24.5%
-11.8%
Q2 24
15.5%
0.4%
Q1 24
16.6%
-23.4%
Capex Intensity
FROG
FROG
PLOW
PLOW
Q4 25
0.6%
1.7%
Q3 25
1.0%
1.8%
Q2 25
0.5%
1.5%
Q1 25
0.5%
1.9%
Q4 24
0.5%
2.9%
Q3 24
0.9%
0.8%
Q2 24
0.7%
0.8%
Q1 24
0.8%
0.8%
Cash Conversion
FROG
FROG
PLOW
PLOW
Q4 25
7.47×
Q3 25
-1.07×
Q2 25
-0.44×
Q1 25
-9.03×
Q4 24
9.41×
Q3 24
-0.44×
Q2 24
0.10×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FROG
FROG

Segment breakdown not available.

PLOW
PLOW

Work Truck Solutions$101.5M55%
Transferred At Point In Time$83.1M45%

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