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Side-by-side financial comparison of JFrog Ltd (FROG) and TRIMAS CORP (TRS). Click either name above to swap in a different company.

TRIMAS CORP is the larger business by last-quarter revenue ($256.5M vs $145.3M, roughly 1.8× JFrog Ltd). TRIMAS CORP runs the higher net margin — 31.9% vs -10.5%, a 42.3% gap on every dollar of revenue. On growth, JFrog Ltd posted the faster year-over-year revenue change (25.2% vs 3.8%). JFrog Ltd produced more free cash flow last quarter ($49.9M vs $36.8M). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs 3.3%).

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.

Trimas Corp is a diversified industrial manufacturing enterprise that designs, produces and distributes a wide portfolio of engineered products, including specialized fasteners, aerospace components, custom packaging solutions, and consumer & industrial hardware. It primarily serves aerospace, automotive, construction, consumer goods and industrial sectors, with core operations across North America and selected global markets.

FROG vs TRS — Head-to-Head

Bigger by revenue
TRS
TRS
1.8× larger
TRS
$256.5M
$145.3M
FROG
Growing faster (revenue YoY)
FROG
FROG
+21.3% gap
FROG
25.2%
3.8%
TRS
Higher net margin
TRS
TRS
42.3% more per $
TRS
31.9%
-10.5%
FROG
More free cash flow
FROG
FROG
$13.0M more FCF
FROG
$49.9M
$36.8M
TRS
Faster 2-yr revenue CAGR
FROG
FROG
Annualised
FROG
20.4%
3.3%
TRS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FROG
FROG
TRS
TRS
Revenue
$145.3M
$256.5M
Net Profit
$-15.2M
$81.7M
Gross Margin
77.9%
12.8%
Operating Margin
-14.7%
5.7%
Net Margin
-10.5%
31.9%
Revenue YoY
25.2%
3.8%
Net Profit YoY
34.4%
236.9%
EPS (diluted)
$-0.13
$2.03

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
TRS
TRS
Q1 26
$256.5M
Q4 25
$145.3M
$-140.0M
Q3 25
$136.9M
$269.3M
Q2 25
$127.2M
$274.8M
Q1 25
$122.4M
$241.7M
Q4 24
$116.1M
$-66.2M
Q3 24
$109.1M
$229.4M
Q2 24
$103.0M
$240.5M
Net Profit
FROG
FROG
TRS
TRS
Q1 26
$81.7M
Q4 25
$-15.2M
$81.7M
Q3 25
$-16.4M
$9.3M
Q2 25
$-21.7M
$16.7M
Q1 25
$-18.5M
$12.4M
Q4 24
$-23.2M
$5.6M
Q3 24
$-22.9M
$2.5M
Q2 24
$-14.3M
$10.9M
Gross Margin
FROG
FROG
TRS
TRS
Q1 26
12.8%
Q4 25
77.9%
Q3 25
77.4%
12.8%
Q2 25
76.3%
13.8%
Q1 25
75.3%
13.6%
Q4 24
75.4%
Q3 24
75.0%
15.4%
Q2 24
78.8%
14.4%
Operating Margin
FROG
FROG
TRS
TRS
Q1 26
5.7%
Q4 25
-14.7%
Q3 25
-15.8%
6.2%
Q2 25
-20.4%
9.9%
Q1 25
-18.8%
9.0%
Q4 24
-21.9%
Q3 24
-27.4%
3.6%
Q2 24
-18.6%
7.4%
Net Margin
FROG
FROG
TRS
TRS
Q1 26
31.9%
Q4 25
-10.5%
-58.4%
Q3 25
-12.0%
3.5%
Q2 25
-17.0%
6.1%
Q1 25
-15.1%
5.1%
Q4 24
-20.0%
-8.5%
Q3 24
-21.0%
1.1%
Q2 24
-13.9%
4.5%
EPS (diluted)
FROG
FROG
TRS
TRS
Q1 26
$2.03
Q4 25
$-0.13
$2.01
Q3 25
$-0.14
$0.23
Q2 25
$-0.19
$0.41
Q1 25
$-0.16
$0.30
Q4 24
$-0.21
$0.14
Q3 24
$-0.21
$0.06
Q2 24
$-0.13
$0.27

Balance Sheet & Financial Strength

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

Metric
FROG
FROG
TRS
TRS
Cash + ST InvestmentsLiquidity on hand
$704.4M
$30.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$887.4M
$705.6M
Total Assets
$1.3B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FROG
FROG
TRS
TRS
Q1 26
$30.0M
Q4 25
$704.4M
$30.0M
Q3 25
$651.1M
$33.6M
Q2 25
$611.7M
$30.3M
Q1 25
$563.5M
$32.7M
Q4 24
$522.0M
$23.1M
Q3 24
$467.8M
$26.9M
Q2 24
$591.3M
$35.0M
Total Debt
FROG
FROG
TRS
TRS
Q1 26
Q4 25
$469.2M
Q3 25
$407.1M
Q2 25
$424.5M
Q1 25
$434.2M
Q4 24
$398.1M
Q3 24
$409.9M
Q2 24
$427.4M
Stockholders' Equity
FROG
FROG
TRS
TRS
Q1 26
$705.6M
Q4 25
$887.4M
$705.6M
Q3 25
$859.4M
$725.0M
Q2 25
$826.5M
$715.3M
Q1 25
$800.0M
$686.6M
Q4 24
$773.5M
$667.3M
Q3 24
$756.2M
$682.8M
Q2 24
$721.4M
$675.9M
Total Assets
FROG
FROG
TRS
TRS
Q1 26
$1.5B
Q4 25
$1.3B
$1.5B
Q3 25
$1.3B
$1.4B
Q2 25
$1.2B
$1.4B
Q1 25
$1.2B
$1.4B
Q4 24
$1.1B
$1.3B
Q3 24
$1.1B
$1.4B
Q2 24
$1.0B
$1.4B
Debt / Equity
FROG
FROG
TRS
TRS
Q1 26
Q4 25
0.66×
Q3 25
0.56×
Q2 25
0.59×
Q1 25
0.63×
Q4 24
0.60×
Q3 24
0.60×
Q2 24
0.63×

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
TRS
TRS
Operating Cash FlowLast quarter
$50.7M
$117.5M
Free Cash FlowOCF − Capex
$49.9M
$36.8M
FCF MarginFCF / Revenue
34.3%
14.4%
Capex IntensityCapex / Revenue
0.6%
18.9%
Cash ConversionOCF / Net Profit
1.44×
TTM Free Cash FlowTrailing 4 quarters
$142.3M
$109.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FROG
FROG
TRS
TRS
Q1 26
$117.5M
Q4 25
$50.7M
$41.5M
Q3 25
$30.2M
$36.5M
Q2 25
$36.1M
$30.3M
Q1 25
$28.8M
$9.2M
Q4 24
$49.1M
$27.1M
Q3 24
$27.6M
$22.0M
Q2 24
$16.7M
$18.4M
Free Cash Flow
FROG
FROG
TRS
TRS
Q1 26
$36.8M
Q4 25
$49.9M
$36.8M
Q3 25
$28.8M
$22.8M
Q2 25
$35.5M
$13.2M
Q1 25
$28.1M
$-3.8M
Q4 24
$48.5M
$12.1M
Q3 24
$26.7M
$10.2M
Q2 24
$16.0M
$7.5M
FCF Margin
FROG
FROG
TRS
TRS
Q1 26
14.4%
Q4 25
34.3%
-26.3%
Q3 25
21.0%
8.5%
Q2 25
27.9%
4.8%
Q1 25
23.0%
-1.6%
Q4 24
41.8%
-18.3%
Q3 24
24.5%
4.4%
Q2 24
15.5%
3.1%
Capex Intensity
FROG
FROG
TRS
TRS
Q1 26
18.9%
Q4 25
0.6%
-3.4%
Q3 25
1.0%
5.1%
Q2 25
0.5%
6.2%
Q1 25
0.5%
5.4%
Q4 24
0.5%
-22.6%
Q3 24
0.9%
5.2%
Q2 24
0.7%
4.5%
Cash Conversion
FROG
FROG
TRS
TRS
Q1 26
1.44×
Q4 25
0.51×
Q3 25
3.92×
Q2 25
1.81×
Q1 25
0.74×
Q4 24
4.80×
Q3 24
8.71×
Q2 24
1.68×

Financial Flow Comparison

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

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