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Side-by-side financial comparison of JFrog Ltd (FROG) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
JFrog Ltd is the larger business by last-quarter revenue ($145.3M vs $124.7M, roughly 1.2× SMITH & WESSON BRANDS, INC.). SMITH & WESSON BRANDS, INC. runs the higher net margin — 1.5% vs -10.5%, a 12.0% gap on every dollar of revenue. On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs -3.9%). JFrog Ltd produced more free cash flow last quarter ($49.9M vs $16.3M). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs -4.8%).
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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
FROG vs SWBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $145.3M | $124.7M |
| Net Profit | $-15.2M | $1.9M |
| Gross Margin | 77.9% | 24.3% |
| Operating Margin | -14.7% | 3.3% |
| Net Margin | -10.5% | 1.5% |
| Revenue YoY | 25.2% | -3.9% |
| Net Profit YoY | 34.4% | -53.6% |
| EPS (diluted) | $-0.13 | $0.04 |
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 | $124.7M | ||
| Q3 25 | $136.9M | $85.1M | ||
| Q2 25 | $127.2M | $140.8M | ||
| Q1 25 | $122.4M | $115.9M | ||
| Q4 24 | $116.1M | $129.7M | ||
| Q3 24 | $109.1M | $88.3M | ||
| Q2 24 | $103.0M | $159.1M | ||
| Q1 24 | $100.3M | $137.5M |
| Q4 25 | $-15.2M | $1.9M | ||
| Q3 25 | $-16.4M | $-3.4M | ||
| Q2 25 | $-21.7M | $8.6M | ||
| Q1 25 | $-18.5M | $2.1M | ||
| Q4 24 | $-23.2M | $4.5M | ||
| Q3 24 | $-22.9M | $-1.9M | ||
| Q2 24 | $-14.3M | $27.9M | ||
| Q1 24 | $-8.8M | $7.9M |
| Q4 25 | 77.9% | 24.3% | ||
| Q3 25 | 77.4% | 25.9% | ||
| Q2 25 | 76.3% | 28.8% | ||
| Q1 25 | 75.3% | 24.1% | ||
| Q4 24 | 75.4% | 26.6% | ||
| Q3 24 | 75.0% | 27.4% | ||
| Q2 24 | 78.8% | 35.5% | ||
| Q1 24 | 79.5% | 28.7% |
| Q4 25 | -14.7% | 3.3% | ||
| Q3 25 | -15.8% | -3.5% | ||
| Q2 25 | -20.4% | 9.3% | ||
| Q1 25 | -18.8% | 4.1% | ||
| Q4 24 | -21.9% | 5.8% | ||
| Q3 24 | -27.4% | -1.7% | ||
| Q2 24 | -18.6% | 17.4% | ||
| Q1 24 | -16.6% | 8.2% |
| Q4 25 | -10.5% | 1.5% | ||
| Q3 25 | -12.0% | -4.0% | ||
| Q2 25 | -17.0% | 6.1% | ||
| Q1 25 | -15.1% | 1.8% | ||
| Q4 24 | -20.0% | 3.5% | ||
| Q3 24 | -21.0% | -2.1% | ||
| Q2 24 | -13.9% | 17.5% | ||
| Q1 24 | -8.8% | 5.7% |
| Q4 25 | $-0.13 | $0.04 | ||
| Q3 25 | $-0.14 | $-0.08 | ||
| Q2 25 | $-0.19 | $0.19 | ||
| Q1 25 | $-0.16 | $0.05 | ||
| Q4 24 | $-0.21 | $0.10 | ||
| Q3 24 | $-0.21 | $-0.04 | ||
| Q2 24 | $-0.13 | $0.60 | ||
| Q1 24 | $-0.08 | $0.17 |
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 | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $887.4M | $363.2M |
| Total Assets | $1.3B | $548.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $704.4M | $22.4M | ||
| Q3 25 | $651.1M | $18.0M | ||
| Q2 25 | $611.7M | $25.2M | ||
| Q1 25 | $563.5M | $26.7M | ||
| Q4 24 | $522.0M | $39.1M | ||
| Q3 24 | $467.8M | $35.5M | ||
| Q2 24 | $591.3M | $60.8M | ||
| Q1 24 | $579.6M | $47.4M |
| Q4 25 | $887.4M | $363.2M | ||
| Q3 25 | $859.4M | $364.4M | ||
| Q2 25 | $826.5M | $372.5M | ||
| Q1 25 | $800.0M | $366.9M | ||
| Q4 24 | $773.5M | $371.5M | ||
| Q3 24 | $756.2M | $380.0M | ||
| Q2 24 | $721.4M | $399.9M | ||
| Q1 24 | $707.8M | $376.4M |
| Q4 25 | $1.3B | $548.6M | ||
| Q3 25 | $1.3B | $554.6M | ||
| Q2 25 | $1.2B | $559.6M | ||
| Q1 25 | $1.2B | $578.9M | ||
| Q4 24 | $1.1B | $587.4M | ||
| Q3 24 | $1.1B | $571.3M | ||
| Q2 24 | $1.0B | $577.4M | ||
| Q1 24 | $997.1M | $570.6M |
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 | $27.3M |
| Free Cash FlowOCF − Capex | $49.9M | $16.3M |
| FCF MarginFCF / Revenue | 34.3% | 13.1% |
| Capex IntensityCapex / Revenue | 0.6% | 8.8% |
| Cash ConversionOCF / Net Profit | — | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | $142.3M | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $50.7M | $27.3M | ||
| Q3 25 | $30.2M | $-8.1M | ||
| Q2 25 | $36.1M | $40.8M | ||
| Q1 25 | $28.8M | $-9.8M | ||
| Q4 24 | $49.1M | $-7.4M | ||
| Q3 24 | $27.6M | $-30.8M | ||
| Q2 24 | $16.7M | $43.7M | ||
| Q1 24 | $17.5M | $25.2M |
| Q4 25 | $49.9M | $16.3M | ||
| Q3 25 | $28.8M | $-12.4M | ||
| Q2 25 | $35.5M | $33.5M | ||
| Q1 25 | $28.1M | $-16.1M | ||
| Q4 24 | $48.5M | $-10.7M | ||
| Q3 24 | $26.7M | $-35.5M | ||
| Q2 24 | $16.0M | $38.2M | ||
| Q1 24 | $16.6M | $7.0M |
| Q4 25 | 34.3% | 13.1% | ||
| Q3 25 | 21.0% | -14.6% | ||
| Q2 25 | 27.9% | 23.8% | ||
| Q1 25 | 23.0% | -13.9% | ||
| Q4 24 | 41.8% | -8.3% | ||
| Q3 24 | 24.5% | -40.2% | ||
| Q2 24 | 15.5% | 24.0% | ||
| Q1 24 | 16.6% | 5.1% |
| Q4 25 | 0.6% | 8.8% | ||
| Q3 25 | 1.0% | 5.0% | ||
| Q2 25 | 0.5% | 5.2% | ||
| Q1 25 | 0.5% | 5.4% | ||
| Q4 24 | 0.5% | 2.5% | ||
| Q3 24 | 0.9% | 5.3% | ||
| Q2 24 | 0.7% | 3.5% | ||
| Q1 24 | 0.8% | 13.2% |
| Q4 25 | — | 14.22× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 4.73× | ||
| Q1 25 | — | -4.68× | ||
| Q4 24 | — | -1.63× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.57× | ||
| Q1 24 | — | 3.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
