vs
Side-by-side financial comparison of JFrog Ltd (FROG) and Tecnoglass Inc. (TGLS). Click either name above to swap in a different company.
Tecnoglass Inc. is the larger business by last-quarter revenue ($245.3M vs $145.3M, roughly 1.7× JFrog Ltd). Tecnoglass Inc. runs the higher net margin — 10.6% vs -10.5%, a 21.1% gap on every dollar of revenue. On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs 2.4%). JFrog Ltd produced more free cash flow last quarter ($49.9M vs $11.4M). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs 12.8%).
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.
Tecnoglass Inc. is a leading manufacturer of high-performance architectural glass, aluminum windows, doors, and associated building components. It primarily caters to residential and commercial construction sectors across North America and Latin America, offering custom, energy-efficient solutions for new construction and renovation projects.
FROG vs TGLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $145.3M | $245.3M |
| Net Profit | $-15.2M | $26.1M |
| Gross Margin | 77.9% | 40.0% |
| Operating Margin | -14.7% | 18.3% |
| Net Margin | -10.5% | 10.6% |
| Revenue YoY | 25.2% | 2.4% |
| Net Profit YoY | 34.4% | -44.5% |
| EPS (diluted) | $-0.13 | $0.57 |
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 | $245.3M | ||
| Q3 25 | $136.9M | $260.5M | ||
| Q2 25 | $127.2M | $255.5M | ||
| Q1 25 | $122.4M | $222.3M | ||
| Q4 24 | $116.1M | $239.6M | ||
| Q3 24 | $109.1M | $238.3M | ||
| Q2 24 | $103.0M | $219.7M | ||
| Q1 24 | $100.3M | $192.6M |
| Q4 25 | $-15.2M | $26.1M | ||
| Q3 25 | $-16.4M | $47.2M | ||
| Q2 25 | $-21.7M | $44.1M | ||
| Q1 25 | $-18.5M | $42.2M | ||
| Q4 24 | $-23.2M | $47.0M | ||
| Q3 24 | $-22.9M | $49.5M | ||
| Q2 24 | $-14.3M | $35.0M | ||
| Q1 24 | $-8.8M | $29.7M |
| Q4 25 | 77.9% | 40.0% | ||
| Q3 25 | 77.4% | 42.7% | ||
| Q2 25 | 76.3% | 44.7% | ||
| Q1 25 | 75.3% | 43.9% | ||
| Q4 24 | 75.4% | 44.5% | ||
| Q3 24 | 75.0% | 45.8% | ||
| Q2 24 | 78.8% | 40.8% | ||
| Q1 24 | 79.5% | 38.8% |
| Q4 25 | -14.7% | 18.3% | ||
| Q3 25 | -15.8% | 25.1% | ||
| Q2 25 | -20.4% | 24.0% | ||
| Q1 25 | -18.8% | 26.7% | ||
| Q4 24 | -21.9% | 28.0% | ||
| Q3 24 | -27.4% | 28.4% | ||
| Q2 24 | -18.6% | 23.3% | ||
| Q1 24 | -16.6% | 21.3% |
| Q4 25 | -10.5% | 10.6% | ||
| Q3 25 | -12.0% | 18.1% | ||
| Q2 25 | -17.0% | 17.3% | ||
| Q1 25 | -15.1% | 19.0% | ||
| Q4 24 | -20.0% | 19.6% | ||
| Q3 24 | -21.0% | 20.8% | ||
| Q2 24 | -13.9% | 15.9% | ||
| Q1 24 | -8.8% | 15.4% |
| Q4 25 | $-0.13 | $0.57 | ||
| Q3 25 | $-0.14 | $1.01 | ||
| Q2 25 | $-0.19 | $0.94 | ||
| Q1 25 | $-0.16 | $0.90 | ||
| Q4 24 | $-0.21 | $1.00 | ||
| Q3 24 | $-0.21 | $1.05 | ||
| Q2 24 | $-0.13 | $0.75 | ||
| Q1 24 | $-0.08 | $0.63 |
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 | $104.1M |
| Total DebtLower is stronger | — | $174.4M |
| Stockholders' EquityBook value | $887.4M | $713.1M |
| Total Assets | $1.3B | $1.3B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $704.4M | $104.1M | ||
| Q3 25 | $651.1M | $127.1M | ||
| Q2 25 | $611.7M | $140.9M | ||
| Q1 25 | $563.5M | $160.2M | ||
| Q4 24 | $522.0M | $137.5M | ||
| Q3 24 | $467.8M | $124.8M | ||
| Q2 24 | $591.3M | $129.5M | ||
| Q1 24 | $579.6M | $138.8M |
| Q4 25 | — | $174.4M | ||
| Q3 25 | — | $114.7M | ||
| Q2 25 | — | $110.6M | ||
| Q1 25 | — | $110.6M | ||
| Q4 24 | — | $111.1M | ||
| Q3 24 | — | $126.8M | ||
| Q2 24 | — | $144.7M | ||
| Q1 24 | — | $160.9M |
| Q4 25 | $887.4M | $713.1M | ||
| Q3 25 | $859.4M | $764.0M | ||
| Q2 25 | $826.5M | $736.0M | ||
| Q1 25 | $800.0M | $685.1M | ||
| Q4 24 | $773.5M | $631.2M | ||
| Q3 24 | $756.2M | $613.3M | ||
| Q2 24 | $721.4M | $574.8M | ||
| Q1 24 | $707.8M | $573.6M |
| Q4 25 | $1.3B | $1.3B | ||
| Q3 25 | $1.3B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.2B | $1.1B | ||
| Q4 24 | $1.1B | $1.0B | ||
| Q3 24 | $1.1B | $996.3M | ||
| Q2 24 | $1.0B | $942.5M | ||
| Q1 24 | $997.1M | $981.6M |
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.16× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.25× | ||
| Q1 24 | — | 0.28× |
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 | $31.0M |
| Free Cash FlowOCF − Capex | $49.9M | $11.4M |
| FCF MarginFCF / Revenue | 34.3% | 4.7% |
| Capex IntensityCapex / Revenue | 0.6% | 8.0% |
| Cash ConversionOCF / Net Profit | — | 1.19× |
| TTM Free Cash FlowTrailing 4 quarters | $142.3M | $34.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $50.7M | $31.0M | ||
| Q3 25 | $30.2M | $40.0M | ||
| Q2 25 | $36.1M | $17.9M | ||
| Q1 25 | $28.8M | $46.9M | ||
| Q4 24 | $49.1M | $61.1M | ||
| Q3 24 | $27.6M | $41.5M | ||
| Q2 24 | $16.7M | $34.5M | ||
| Q1 24 | $17.5M | $33.4M |
| Q4 25 | $49.9M | $11.4M | ||
| Q3 25 | $28.8M | $21.2M | ||
| Q2 25 | $35.5M | $-14.7M | ||
| Q1 25 | $28.1M | $16.5M | ||
| Q4 24 | $48.5M | $35.4M | ||
| Q3 24 | $26.7M | $17.8M | ||
| Q2 24 | $16.0M | $14.2M | ||
| Q1 24 | $16.6M | $23.6M |
| Q4 25 | 34.3% | 4.7% | ||
| Q3 25 | 21.0% | 8.2% | ||
| Q2 25 | 27.9% | -5.7% | ||
| Q1 25 | 23.0% | 7.4% | ||
| Q4 24 | 41.8% | 14.8% | ||
| Q3 24 | 24.5% | 7.5% | ||
| Q2 24 | 15.5% | 6.5% | ||
| Q1 24 | 16.6% | 12.2% |
| Q4 25 | 0.6% | 8.0% | ||
| Q3 25 | 1.0% | 7.2% | ||
| Q2 25 | 0.5% | 12.7% | ||
| Q1 25 | 0.5% | 13.7% | ||
| Q4 24 | 0.5% | 10.7% | ||
| Q3 24 | 0.9% | 9.9% | ||
| Q2 24 | 0.7% | 9.2% | ||
| Q1 24 | 0.8% | 5.1% |
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 0.85× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | — | 1.11× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 0.84× | ||
| Q2 24 | — | 0.98× | ||
| Q1 24 | — | 1.13× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FROG
Segment breakdown not available.
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
