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Side-by-side financial comparison of JFrog Ltd (FROG) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.
BRC Group Holdings, Inc. is the larger business by last-quarter revenue ($188.3M vs $145.3M, roughly 1.3× JFrog Ltd). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs -10.5%, a 58.4% gap on every dollar of revenue. On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs -21.9%). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs -15.4%).
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.
FROG vs RILY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $145.3M | $188.3M |
| Net Profit | $-15.2M | $90.3M |
| Gross Margin | 77.9% | 79.5% |
| Operating Margin | -14.7% | 32.3% |
| Net Margin | -10.5% | 47.9% |
| Revenue YoY | 25.2% | -21.9% |
| Net Profit YoY | 34.4% | 1710.8% |
| EPS (diluted) | $-0.13 | $2.78 |
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 | $188.3M | ||
| Q3 25 | $136.9M | $215.3M | ||
| Q2 25 | $127.2M | $188.2M | ||
| Q1 25 | $122.4M | $197.2M | ||
| Q4 24 | $116.1M | $241.0M | ||
| Q3 24 | $109.1M | $225.5M | ||
| Q2 24 | $103.0M | $256.0M | ||
| Q1 24 | $100.3M | $263.4M |
| Q4 25 | $-15.2M | $90.3M | ||
| Q3 25 | $-16.4M | $91.1M | ||
| Q2 25 | $-21.7M | $139.5M | ||
| Q1 25 | $-18.5M | $-10.0M | ||
| Q4 24 | $-23.2M | $-5.6M | ||
| Q3 24 | $-22.9M | $-284.4M | ||
| Q2 24 | $-14.3M | $-433.6M | ||
| Q1 24 | $-8.8M | $-49.2M |
| Q4 25 | 77.9% | 79.5% | ||
| Q3 25 | 77.4% | 83.7% | ||
| Q2 25 | 76.3% | 81.3% | ||
| Q1 25 | 75.3% | 81.4% | ||
| Q4 24 | 75.4% | 79.8% | ||
| Q3 24 | 75.0% | 82.1% | ||
| Q2 24 | 78.8% | 84.5% | ||
| Q1 24 | 79.5% | 85.3% |
| Q4 25 | -14.7% | 32.3% | ||
| Q3 25 | -15.8% | 30.4% | ||
| Q2 25 | -20.4% | 5.7% | ||
| Q1 25 | -18.8% | -31.2% | ||
| Q4 24 | -21.9% | -69.2% | ||
| Q3 24 | -27.4% | -36.4% | ||
| Q2 24 | -18.6% | -90.8% | ||
| Q1 24 | -16.6% | -6.1% |
| Q4 25 | -10.5% | 47.9% | ||
| Q3 25 | -12.0% | 42.3% | ||
| Q2 25 | -17.0% | 74.1% | ||
| Q1 25 | -15.1% | -5.1% | ||
| Q4 24 | -20.0% | -2.3% | ||
| Q3 24 | -21.0% | -126.1% | ||
| Q2 24 | -13.9% | -169.4% | ||
| Q1 24 | -8.8% | -18.7% |
| Q4 25 | $-0.13 | $2.78 | ||
| Q3 25 | $-0.14 | $2.91 | ||
| Q2 25 | $-0.19 | $4.50 | ||
| Q1 25 | $-0.16 | $-0.39 | ||
| Q4 24 | $-0.21 | $-0.01 | ||
| Q3 24 | $-0.21 | $-9.39 | ||
| Q2 24 | $-0.13 | $-14.35 | ||
| Q1 24 | $-0.08 | $-1.71 |
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 | $226.6M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $887.4M | $-171.5M |
| Total Assets | $1.3B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $704.4M | $226.6M | ||
| Q3 25 | $651.1M | $184.2M | ||
| Q2 25 | $611.7M | $267.4M | ||
| Q1 25 | $563.5M | $138.3M | ||
| Q4 24 | $522.0M | $146.9M | ||
| Q3 24 | $467.8M | $159.2M | ||
| Q2 24 | $591.3M | $236.9M | ||
| Q1 24 | $579.6M | $190.7M |
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $887.4M | $-171.5M | ||
| Q3 25 | $859.4M | $-260.5M | ||
| Q2 25 | $826.5M | $-351.7M | ||
| Q1 25 | $800.0M | $-496.8M | ||
| Q4 24 | $773.5M | $-488.2M | ||
| Q3 24 | $756.2M | $-497.6M | ||
| Q2 24 | $721.4M | $-218.3M | ||
| Q1 24 | $707.8M | $228.4M |
| Q4 25 | $1.3B | $1.7B | ||
| Q3 25 | $1.3B | $1.7B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $1.1B | $2.2B | ||
| Q2 24 | $1.0B | $3.2B | ||
| Q1 24 | $997.1M | $5.0B |
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 | $26.2M |
| Free Cash FlowOCF − Capex | $49.9M | — |
| FCF MarginFCF / Revenue | 34.3% | — |
| Capex IntensityCapex / Revenue | 0.6% | — |
| Cash ConversionOCF / Net Profit | — | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $142.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $50.7M | $26.2M | ||
| Q3 25 | $30.2M | $-60.6M | ||
| Q2 25 | $36.1M | $-25.6M | ||
| Q1 25 | $28.8M | $184.0K | ||
| Q4 24 | $49.1M | $-2.7M | ||
| Q3 24 | $27.6M | $19.5M | ||
| Q2 24 | $16.7M | $111.5M | ||
| Q1 24 | $17.5M | $135.4M |
| 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 | — | 0.29× | ||
| Q3 25 | — | -0.66× | ||
| Q2 25 | — | -0.18× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FROG
Segment breakdown not available.
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
