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

UNITIL CORP is the larger business by last-quarter revenue ($161.5M vs $145.3M, roughly 1.1× JFrog Ltd). UNITIL CORP runs the higher net margin — 11.8% vs -10.5%, a 22.2% gap on every dollar of revenue. On growth, UNITIL CORP posted the faster year-over-year revenue change (26.7% vs 25.2%). JFrog Ltd produced more free cash flow last quarter ($49.9M vs $-36.3M). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs -4.9%).

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.

Unitil Corporation is an interstate electricity and natural gas utility company that provides services for New Hampshire, Massachusetts and Maine. Its earliest predecessor company, the Portland Gas Light Company, was founded in Maine in 1849. The current company was set up in 1984 and is based in New Hampshire. With a market cap of 686.51M, it provides electric services to about 102,400 customers and natural gas to over 75,900 customers. The service territory of Unitil includes business distr...

FROG vs UTL — Head-to-Head

Bigger by revenue
UTL
UTL
1.1× larger
UTL
$161.5M
$145.3M
FROG
Growing faster (revenue YoY)
UTL
UTL
+1.5% gap
UTL
26.7%
25.2%
FROG
Higher net margin
UTL
UTL
22.2% more per $
UTL
11.8%
-10.5%
FROG
More free cash flow
FROG
FROG
$86.2M more FCF
FROG
$49.9M
$-36.3M
UTL
Faster 2-yr revenue CAGR
FROG
FROG
Annualised
FROG
20.4%
-4.9%
UTL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FROG
FROG
UTL
UTL
Revenue
$145.3M
$161.5M
Net Profit
$-15.2M
$19.0M
Gross Margin
77.9%
Operating Margin
-14.7%
21.5%
Net Margin
-10.5%
11.8%
Revenue YoY
25.2%
26.7%
Net Profit YoY
34.4%
21.8%
EPS (diluted)
$-0.13
$1.05

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
UTL
UTL
Q4 25
$145.3M
$161.5M
Q3 25
$136.9M
$101.1M
Q2 25
$127.2M
$102.6M
Q1 25
$122.4M
$170.8M
Q4 24
$116.1M
$127.5M
Q3 24
$109.1M
$92.9M
Q2 24
$103.0M
$95.7M
Q1 24
$100.3M
$178.7M
Net Profit
FROG
FROG
UTL
UTL
Q4 25
$-15.2M
$19.0M
Q3 25
$-16.4M
$-300.0K
Q2 25
$-21.7M
$4.0M
Q1 25
$-18.5M
$27.5M
Q4 24
$-23.2M
$15.6M
Q3 24
$-22.9M
$0
Q2 24
$-14.3M
$4.3M
Q1 24
$-8.8M
$27.2M
Gross Margin
FROG
FROG
UTL
UTL
Q4 25
77.9%
Q3 25
77.4%
Q2 25
76.3%
Q1 25
75.3%
Q4 24
75.4%
Q3 24
75.0%
Q2 24
78.8%
Q1 24
79.5%
Operating Margin
FROG
FROG
UTL
UTL
Q4 25
-14.7%
21.5%
Q3 25
-15.8%
6.9%
Q2 25
-20.4%
13.0%
Q1 25
-18.8%
27.0%
Q4 24
-21.9%
22.1%
Q3 24
-27.4%
6.2%
Q2 24
-18.6%
13.0%
Q1 24
-16.6%
24.7%
Net Margin
FROG
FROG
UTL
UTL
Q4 25
-10.5%
11.8%
Q3 25
-12.0%
-0.3%
Q2 25
-17.0%
3.9%
Q1 25
-15.1%
16.1%
Q4 24
-20.0%
12.2%
Q3 24
-21.0%
Q2 24
-13.9%
4.5%
Q1 24
-8.8%
15.2%
EPS (diluted)
FROG
FROG
UTL
UTL
Q4 25
$-0.13
$1.05
Q3 25
$-0.14
$-0.02
Q2 25
$-0.19
$0.25
Q1 25
$-0.16
$1.69
Q4 24
$-0.21
$0.97
Q3 24
$-0.21
$0.00
Q2 24
$-0.13
$0.27
Q1 24
$-0.08
$1.69

Balance Sheet & Financial Strength

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

Metric
FROG
FROG
UTL
UTL
Cash + ST InvestmentsLiquidity on hand
$704.4M
$15.6M
Total DebtLower is stronger
$670.5M
Stockholders' EquityBook value
$887.4M
$609.6M
Total Assets
$1.3B
$2.1B
Debt / EquityLower = less leverage
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FROG
FROG
UTL
UTL
Q4 25
$704.4M
$15.6M
Q3 25
$651.1M
$14.6M
Q2 25
$611.7M
$8.5M
Q1 25
$563.5M
$10.2M
Q4 24
$522.0M
$6.3M
Q3 24
$467.8M
$6.3M
Q2 24
$591.3M
$2.8M
Q1 24
$579.6M
$6.3M
Total Debt
FROG
FROG
UTL
UTL
Q4 25
$670.5M
Q3 25
$670.5M
Q2 25
$640.7M
Q1 25
$642.1M
Q4 24
$643.3M
Q3 24
$643.3M
Q2 24
$511.3M
Q1 24
$512.8M
Stockholders' Equity
FROG
FROG
UTL
UTL
Q4 25
$887.4M
$609.6M
Q3 25
$859.4M
$597.2M
Q2 25
$826.5M
$532.8M
Q1 25
$800.0M
$534.1M
Q4 24
$773.5M
$512.5M
Q3 24
$756.2M
$502.4M
Q2 24
$721.4M
$508.8M
Q1 24
$707.8M
$510.8M
Total Assets
FROG
FROG
UTL
UTL
Q4 25
$1.3B
$2.1B
Q3 25
$1.3B
$1.9B
Q2 25
$1.2B
$1.9B
Q1 25
$1.2B
$1.9B
Q4 24
$1.1B
$1.8B
Q3 24
$1.1B
$1.7B
Q2 24
$1.0B
$1.7B
Q1 24
$997.1M
$1.7B
Debt / Equity
FROG
FROG
UTL
UTL
Q4 25
1.10×
Q3 25
1.12×
Q2 25
1.20×
Q1 25
1.20×
Q4 24
1.26×
Q3 24
1.28×
Q2 24
1.00×
Q1 24
1.00×

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
UTL
UTL
Operating Cash FlowLast quarter
$50.7M
$21.4M
Free Cash FlowOCF − Capex
$49.9M
$-36.3M
FCF MarginFCF / Revenue
34.3%
-22.5%
Capex IntensityCapex / Revenue
0.6%
35.7%
Cash ConversionOCF / Net Profit
1.13×
TTM Free Cash FlowTrailing 4 quarters
$142.3M
$-53.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FROG
FROG
UTL
UTL
Q4 25
$50.7M
$21.4M
Q3 25
$30.2M
$15.6M
Q2 25
$36.1M
$42.2M
Q1 25
$28.8M
$52.1M
Q4 24
$49.1M
$23.3M
Q3 24
$27.6M
$26.1M
Q2 24
$16.7M
$49.9M
Q1 24
$17.5M
$26.6M
Free Cash Flow
FROG
FROG
UTL
UTL
Q4 25
$49.9M
$-36.3M
Q3 25
$28.8M
$-39.0M
Q2 25
$35.5M
$2.0M
Q1 25
$28.1M
$19.5M
Q4 24
$48.5M
$-32.3M
Q3 24
$26.7M
$-31.3M
Q2 24
$16.0M
$13.2M
Q1 24
$16.6M
$6.4M
FCF Margin
FROG
FROG
UTL
UTL
Q4 25
34.3%
-22.5%
Q3 25
21.0%
-38.6%
Q2 25
27.9%
1.9%
Q1 25
23.0%
11.4%
Q4 24
41.8%
-25.3%
Q3 24
24.5%
-33.7%
Q2 24
15.5%
13.8%
Q1 24
16.6%
3.6%
Capex Intensity
FROG
FROG
UTL
UTL
Q4 25
0.6%
35.7%
Q3 25
1.0%
54.0%
Q2 25
0.5%
39.2%
Q1 25
0.5%
19.1%
Q4 24
0.5%
43.6%
Q3 24
0.9%
61.8%
Q2 24
0.7%
38.3%
Q1 24
0.8%
11.3%
Cash Conversion
FROG
FROG
UTL
UTL
Q4 25
1.13×
Q3 25
Q2 25
10.55×
Q1 25
1.89×
Q4 24
1.49×
Q3 24
Q2 24
11.60×
Q1 24
0.98×

Financial Flow Comparison

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

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