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Side-by-side financial comparison of JFrog Ltd (FROG) and TREX CO INC (TREX). Click either name above to swap in a different company.
TREX CO INC is the larger business by last-quarter revenue ($343.4M vs $145.3M, roughly 2.4× JFrog Ltd). TREX CO INC runs the higher net margin — 17.9% vs -10.5%, a 28.3% gap on every dollar of revenue. On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs 1.0%). JFrog Ltd produced more free cash flow last quarter ($49.9M vs $-143.4M). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs -4.5%).
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.
Trex Company, Inc. is a manufacturer of wood-alternative composite decking, residential railing, and other outdoor items made from recycled materials. Its headquarters is in Winchester, Virginia.
FROG vs TREX — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $145.3M | $343.4M |
| Net Profit | $-15.2M | $61.4M |
| Gross Margin | 77.9% | 40.5% |
| Operating Margin | -14.7% | 24.3% |
| Net Margin | -10.5% | 17.9% |
| Revenue YoY | 25.2% | 1.0% |
| Net Profit YoY | 34.4% | 1.6% |
| EPS (diluted) | $-0.13 | $0.58 |
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.
| Q1 26 | — | $343.4M | ||
| Q4 25 | $145.3M | $161.1M | ||
| Q3 25 | $136.9M | $285.3M | ||
| Q2 25 | $127.2M | $387.8M | ||
| Q1 25 | $122.4M | $340.0M | ||
| Q4 24 | $116.1M | $167.6M | ||
| Q3 24 | $109.1M | $233.7M | ||
| Q2 24 | $103.0M | $376.5M |
| Q1 26 | — | $61.4M | ||
| Q4 25 | $-15.2M | $2.3M | ||
| Q3 25 | $-16.4M | $51.8M | ||
| Q2 25 | $-21.7M | $75.9M | ||
| Q1 25 | $-18.5M | $60.4M | ||
| Q4 24 | $-23.2M | $9.8M | ||
| Q3 24 | $-22.9M | $40.6M | ||
| Q2 24 | $-14.3M | $87.0M |
| Q1 26 | — | 40.5% | ||
| Q4 25 | 77.9% | 30.2% | ||
| Q3 25 | 77.4% | 40.5% | ||
| Q2 25 | 76.3% | 40.8% | ||
| Q1 25 | 75.3% | 40.5% | ||
| Q4 24 | 75.4% | 32.7% | ||
| Q3 24 | 75.0% | 39.9% | ||
| Q2 24 | 78.8% | 44.7% |
| Q1 26 | — | 24.3% | ||
| Q4 25 | -14.7% | 2.2% | ||
| Q3 25 | -15.8% | 24.7% | ||
| Q2 25 | -20.4% | 26.4% | ||
| Q1 25 | -18.8% | 24.0% | ||
| Q4 24 | -21.9% | 9.2% | ||
| Q3 24 | -27.4% | 23.2% | ||
| Q2 24 | -18.6% | 31.1% |
| Q1 26 | — | 17.9% | ||
| Q4 25 | -10.5% | 1.4% | ||
| Q3 25 | -12.0% | 18.1% | ||
| Q2 25 | -17.0% | 19.6% | ||
| Q1 25 | -15.1% | 17.8% | ||
| Q4 24 | -20.0% | 5.8% | ||
| Q3 24 | -21.0% | 17.4% | ||
| Q2 24 | -13.9% | 23.1% |
| Q1 26 | — | $0.58 | ||
| Q4 25 | $-0.13 | $0.03 | ||
| Q3 25 | $-0.14 | $0.48 | ||
| Q2 25 | $-0.19 | $0.71 | ||
| Q1 25 | $-0.16 | $0.56 | ||
| Q4 24 | $-0.21 | $0.10 | ||
| Q3 24 | $-0.21 | $0.37 | ||
| Q2 24 | $-0.13 | $0.80 |
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 | $4.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $887.4M | $995.8M |
| Total Assets | $1.3B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $4.5M | ||
| Q4 25 | $704.4M | $3.8M | ||
| Q3 25 | $651.1M | $11.4M | ||
| Q2 25 | $611.7M | $5.5M | ||
| Q1 25 | $563.5M | $5.0M | ||
| Q4 24 | $522.0M | $1.3M | ||
| Q3 24 | $467.8M | $12.8M | ||
| Q2 24 | $591.3M | $1.2M |
| Q1 26 | — | $995.8M | ||
| Q4 25 | $887.4M | $1.0B | ||
| Q3 25 | $859.4M | $1.0B | ||
| Q2 25 | $826.5M | $989.3M | ||
| Q1 25 | $800.0M | $910.1M | ||
| Q4 24 | $773.5M | $850.1M | ||
| Q3 24 | $756.2M | $887.9M | ||
| Q2 24 | $721.4M | $894.9M |
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.3B | $1.5B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.2B | $1.6B | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.1B | $1.3B | ||
| Q2 24 | $1.0B | $1.3B |
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 | $-118.4M |
| Free Cash FlowOCF − Capex | $49.9M | $-143.4M |
| FCF MarginFCF / Revenue | 34.3% | -41.8% |
| Capex IntensityCapex / Revenue | 0.6% | — |
| Cash ConversionOCF / Net Profit | — | -1.93× |
| TTM Free Cash FlowTrailing 4 quarters | $142.3M | $224.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $-118.4M | ||
| Q4 25 | $50.7M | $65.5M | ||
| Q3 25 | $30.2M | $196.9M | ||
| Q2 25 | $36.1M | $249.8M | ||
| Q1 25 | $28.8M | $-154.0M | ||
| Q4 24 | $49.1M | $-8.5M | ||
| Q3 24 | $27.6M | $132.8M | ||
| Q2 24 | $16.7M | $193.7M |
| Q1 26 | — | $-143.4M | ||
| Q4 25 | $49.9M | $22.1M | ||
| Q3 25 | $28.8M | $142.9M | ||
| Q2 25 | $35.5M | $203.0M | ||
| Q1 25 | $28.1M | $-233.5M | ||
| Q4 24 | $48.5M | $-89.3M | ||
| Q3 24 | $26.7M | $54.5M | ||
| Q2 24 | $16.0M | $158.2M |
| Q1 26 | — | -41.8% | ||
| Q4 25 | 34.3% | 13.7% | ||
| Q3 25 | 21.0% | 50.1% | ||
| Q2 25 | 27.9% | 52.3% | ||
| Q1 25 | 23.0% | -68.7% | ||
| Q4 24 | 41.8% | -53.3% | ||
| Q3 24 | 24.5% | 23.3% | ||
| Q2 24 | 15.5% | 42.0% |
| Q1 26 | — | — | ||
| Q4 25 | 0.6% | 26.9% | ||
| Q3 25 | 1.0% | 18.9% | ||
| Q2 25 | 0.5% | 12.1% | ||
| Q1 25 | 0.5% | 23.4% | ||
| Q4 24 | 0.5% | 48.2% | ||
| Q3 24 | 0.9% | 33.5% | ||
| Q2 24 | 0.7% | 9.4% |
| Q1 26 | — | -1.93× | ||
| Q4 25 | — | 28.45× | ||
| Q3 25 | — | 3.80× | ||
| Q2 25 | — | 3.29× | ||
| Q1 25 | — | -2.55× | ||
| Q4 24 | — | -0.87× | ||
| Q3 24 | — | 3.27× | ||
| Q2 24 | — | 2.23× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
