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Side-by-side financial comparison of JFrog Ltd (FROG) and Vital Farms, Inc. (VITL). Click either name above to swap in a different company.
Vital Farms, Inc. is the larger business by last-quarter revenue ($213.6M vs $145.3M, roughly 1.5× JFrog Ltd). Vital Farms, Inc. runs the higher net margin — 7.6% vs -10.5%, a 18.1% gap on every dollar of revenue. On growth, Vital Farms, Inc. posted the faster year-over-year revenue change (28.7% vs 25.2%). JFrog Ltd produced more free cash flow last quarter ($49.9M vs $-32.1M). Over the past eight quarters, JFrog Ltd's revenue compounded faster (20.4% CAGR vs 20.2%).
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.
Vital Tomosi Dairy Limited is a dairy processing company in Uganda. The company is a joint venture between Vital Capital Fund, "an impact investing fund primarily focused on Sub-Saharan Africa", and "Tomosi Dairy Farms, a Ugandan producer of dairy products".
FROG vs VITL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $145.3M | $213.6M |
| Net Profit | $-15.2M | $16.3M |
| Gross Margin | 77.9% | 35.8% |
| Operating Margin | -14.7% | 10.0% |
| Net Margin | -10.5% | 7.6% |
| Revenue YoY | 25.2% | 28.7% |
| Net Profit YoY | 34.4% | 54.3% |
| EPS (diluted) | $-0.13 | $0.35 |
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 | $213.6M | ||
| Q3 25 | $136.9M | $198.9M | ||
| Q2 25 | $127.2M | $184.8M | ||
| Q1 25 | $122.4M | $162.2M | ||
| Q4 24 | $116.1M | $166.0M | ||
| Q3 24 | $109.1M | $145.0M | ||
| Q2 24 | $103.0M | $147.4M | ||
| Q1 24 | $100.3M | $147.9M |
| Q4 25 | $-15.2M | $16.3M | ||
| Q3 25 | $-16.4M | $16.4M | ||
| Q2 25 | $-21.7M | $16.6M | ||
| Q1 25 | $-18.5M | $16.9M | ||
| Q4 24 | $-23.2M | $10.6M | ||
| Q3 24 | $-22.9M | $7.4M | ||
| Q2 24 | $-14.3M | $16.3M | ||
| Q1 24 | $-8.8M | $19.0M |
| Q4 25 | 77.9% | 35.8% | ||
| Q3 25 | 77.4% | 37.7% | ||
| Q2 25 | 76.3% | 38.9% | ||
| Q1 25 | 75.3% | 38.5% | ||
| Q4 24 | 75.4% | 36.1% | ||
| Q3 24 | 75.0% | 36.9% | ||
| Q2 24 | 78.8% | 39.1% | ||
| Q1 24 | 79.5% | 39.8% |
| Q4 25 | -14.7% | 10.0% | ||
| Q3 25 | -15.8% | 10.8% | ||
| Q2 25 | -20.4% | 12.9% | ||
| Q1 25 | -18.8% | 13.4% | ||
| Q4 24 | -21.9% | 7.8% | ||
| Q3 24 | -27.4% | 6.4% | ||
| Q2 24 | -18.6% | 11.6% | ||
| Q1 24 | -16.6% | 16.3% |
| Q4 25 | -10.5% | 7.6% | ||
| Q3 25 | -12.0% | 8.3% | ||
| Q2 25 | -17.0% | 9.0% | ||
| Q1 25 | -15.1% | 10.4% | ||
| Q4 24 | -20.0% | 6.4% | ||
| Q3 24 | -21.0% | 5.1% | ||
| Q2 24 | -13.9% | 11.1% | ||
| Q1 24 | -8.8% | 12.9% |
| Q4 25 | $-0.13 | $0.35 | ||
| Q3 25 | $-0.14 | $0.36 | ||
| Q2 25 | $-0.19 | $0.36 | ||
| Q1 25 | $-0.16 | $0.37 | ||
| Q4 24 | $-0.21 | $0.23 | ||
| Q3 24 | $-0.21 | $0.16 | ||
| Q2 24 | $-0.13 | $0.36 | ||
| Q1 24 | $-0.08 | $0.43 |
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 | $48.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $887.4M | $351.3M |
| Total Assets | $1.3B | $518.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $704.4M | $48.8M | ||
| Q3 25 | $651.1M | $93.8M | ||
| Q2 25 | $611.7M | $108.2M | ||
| Q1 25 | $563.5M | $156.3M | ||
| Q4 24 | $522.0M | $150.6M | ||
| Q3 24 | $467.8M | $149.5M | ||
| Q2 24 | $591.3M | $133.2M | ||
| Q1 24 | $579.6M | $113.8M |
| Q4 25 | $887.4M | $351.3M | ||
| Q3 25 | $859.4M | $331.2M | ||
| Q2 25 | $826.5M | $309.8M | ||
| Q1 25 | $800.0M | $288.9M | ||
| Q4 24 | $773.5M | $269.3M | ||
| Q3 24 | $756.2M | $253.4M | ||
| Q2 24 | $721.4M | $238.4M | ||
| Q1 24 | $707.8M | $213.3M |
| Q4 25 | $1.3B | $518.7M | ||
| Q3 25 | $1.3B | $481.5M | ||
| Q2 25 | $1.2B | $430.8M | ||
| Q1 25 | $1.2B | $376.9M | ||
| Q4 24 | $1.1B | $359.3M | ||
| Q3 24 | $1.1B | $344.7M | ||
| Q2 24 | $1.0B | $320.5M | ||
| Q1 24 | $997.1M | $300.2M |
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 | $5.8M |
| Free Cash FlowOCF − Capex | $49.9M | $-32.1M |
| FCF MarginFCF / Revenue | 34.3% | -15.1% |
| Capex IntensityCapex / Revenue | 0.6% | 17.8% |
| Cash ConversionOCF / Net Profit | — | 0.35× |
| TTM Free Cash FlowTrailing 4 quarters | $142.3M | $-48.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $50.7M | $5.8M | ||
| Q3 25 | $30.2M | $23.4M | ||
| Q2 25 | $36.1M | $-761.0K | ||
| Q1 25 | $28.8M | $5.3M | ||
| Q4 24 | $49.1M | $14.8M | ||
| Q3 24 | $27.6M | $10.0M | ||
| Q2 24 | $16.7M | $16.1M | ||
| Q1 24 | $17.5M | $23.9M |
| Q4 25 | $49.9M | $-32.1M | ||
| Q3 25 | $28.8M | $-10.6M | ||
| Q2 25 | $35.5M | $-7.6M | ||
| Q1 25 | $28.1M | $2.1M | ||
| Q4 24 | $48.5M | $-3.4M | ||
| Q3 24 | $26.7M | $6.4M | ||
| Q2 24 | $16.0M | $10.5M | ||
| Q1 24 | $16.6M | $22.6M |
| Q4 25 | 34.3% | -15.1% | ||
| Q3 25 | 21.0% | -5.3% | ||
| Q2 25 | 27.9% | -4.1% | ||
| Q1 25 | 23.0% | 1.3% | ||
| Q4 24 | 41.8% | -2.0% | ||
| Q3 24 | 24.5% | 4.4% | ||
| Q2 24 | 15.5% | 7.2% | ||
| Q1 24 | 16.6% | 15.3% |
| Q4 25 | 0.6% | 17.8% | ||
| Q3 25 | 1.0% | 17.1% | ||
| Q2 25 | 0.5% | 3.7% | ||
| Q1 25 | 0.5% | 1.9% | ||
| Q4 24 | 0.5% | 10.9% | ||
| Q3 24 | 0.9% | 2.5% | ||
| Q2 24 | 0.7% | 3.8% | ||
| Q1 24 | 0.8% | 0.9% |
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 1.43× | ||
| Q2 25 | — | -0.05× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 1.34× | ||
| Q2 24 | — | 0.99× | ||
| Q1 24 | — | 1.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FROG
Segment breakdown not available.
VITL
| Eggs And Egg Related Products | $205.8M | 96% |
| Butter And Butter Related Products | $7.7M | 4% |
