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弗雷斯特研究公司（FORR）与JFrog Ltd（FROG）财务数据对比。点击上方公司名可切换其他公司
JFrog Ltd的季度营收约是弗雷斯特研究公司的1.4倍（$145.3M vs $101.1M），JFrog Ltd净利率更高（-10.5% vs -33.5%，领先23.1%），JFrog Ltd同比增速更快（25.2% vs -6.5%），JFrog Ltd自由现金流更多（$49.9M vs $-4.3M），过去两年JFrog Ltd的营收复合增速更高（20.4% vs 0.5%）
福雷斯特研究公司是一家全球领先的研究咨询机构，主营业务涵盖行业研究、管理咨询与行业峰会举办，客户群体包括全球大型企业、科技公司与消费领域领军企业，公司总部位于美国马萨诸塞州剑桥市。
JFrog Ltd是全球知名的DevOps技术服务商，面向科技、金融、零售、制造等多个行业客户，提供全链路软件发布、制品管理与安全解决方案，助力企业简化云、本地及混合部署环境下的应用开发与交付流程。
FORR vs FROG — 直观对比
营收规模更大
FROG
是对方的1.4倍
$101.1M
营收增速更快
FROG
高出31.6%
-6.5%
净利率更高
FROG
高出23.1%
-33.5%
自由现金流更多
FROG
多$54.1M
$-4.3M
两年增速更快
FROG
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $101.1M | $145.3M |
| 净利润 | $-33.9M | $-15.2M |
| 毛利率 | 56.7% | 77.9% |
| 营业利润率 | -36.6% | -14.7% |
| 净利率 | -33.5% | -10.5% |
| 营收同比 | -6.5% | 25.2% |
| 净利润同比 | -7941.4% | 34.4% |
| 每股收益（稀释后） | $-1.75 | $-0.13 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FORRFROG
| Q4 25 | $101.1M | $145.3M | ||
| Q3 25 | $94.3M | $136.9M | ||
| Q2 25 | $111.7M | $127.2M | ||
| Q1 25 | $89.9M | $122.4M | ||
| Q4 24 | $108.0M | $116.1M | ||
| Q3 24 | $102.5M | $109.1M | ||
| Q2 24 | $121.8M | $103.0M | ||
| Q1 24 | $100.1M | $100.3M |
净利润FORRFROG
| Q4 25 | $-33.9M | $-15.2M | ||
| Q3 25 | $-2.1M | $-16.4M | ||
| Q2 25 | $3.9M | $-21.7M | ||
| Q1 25 | $-87.3M | $-18.5M | ||
| Q4 24 | $432.0K | $-23.2M | ||
| Q3 24 | $-5.8M | $-22.9M | ||
| Q2 24 | $6.3M | $-14.3M | ||
| Q1 24 | $-6.7M | $-8.8M |
毛利率FORRFROG
| Q4 25 | 56.7% | 77.9% | ||
| Q3 25 | 60.0% | 77.4% | ||
| Q2 25 | 55.5% | 76.3% | ||
| Q1 25 | 55.9% | 75.3% | ||
| Q4 24 | 58.8% | 75.4% | ||
| Q3 24 | 60.5% | 75.0% | ||
| Q2 24 | 57.3% | 78.8% | ||
| Q1 24 | 54.9% | 79.5% |
营业利润率FORRFROG
| Q4 25 | -36.6% | -14.7% | ||
| Q3 25 | 4.7% | -15.8% | ||
| Q2 25 | 6.2% | -20.4% | ||
| Q1 25 | -97.5% | -18.8% | ||
| Q4 24 | -0.5% | -21.9% | ||
| Q3 24 | -0.7% | -27.4% | ||
| Q2 24 | 9.3% | -18.6% | ||
| Q1 24 | -9.3% | -16.6% |
净利率FORRFROG
| Q4 25 | -33.5% | -10.5% | ||
| Q3 25 | -2.3% | -12.0% | ||
| Q2 25 | 3.5% | -17.0% | ||
| Q1 25 | -97.1% | -15.1% | ||
| Q4 24 | 0.4% | -20.0% | ||
| Q3 24 | -5.7% | -21.0% | ||
| Q2 24 | 5.2% | -13.9% | ||
| Q1 24 | -6.7% | -8.8% |
每股收益（稀释后）FORRFROG
| Q4 25 | $-1.75 | $-0.13 | ||
| Q3 25 | $-0.11 | $-0.14 | ||
| Q2 25 | $0.20 | $-0.19 | ||
| Q1 25 | $-4.62 | $-0.16 | ||
| Q4 24 | $0.02 | $-0.21 | ||
| Q3 24 | $-0.30 | $-0.21 | ||
| Q2 24 | $0.33 | $-0.13 | ||
| Q1 24 | $-0.35 | $-0.08 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $63.3M | $704.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $126.5M | $887.4M |
| 总资产 | $404.0M | $1.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FORRFROG
| Q4 25 | $63.3M | $704.4M | ||
| Q3 25 | $65.1M | $651.1M | ||
| Q2 25 | $67.8M | $611.7M | ||
| Q1 25 | $75.6M | $563.5M | ||
| Q4 24 | $56.1M | $522.0M | ||
| Q3 24 | $62.8M | $467.8M | ||
| Q2 24 | $58.9M | $591.3M | ||
| Q1 24 | $61.4M | $579.6M |
股东权益FORRFROG
| Q4 25 | $126.5M | $887.4M | ||
| Q3 25 | $157.7M | $859.4M | ||
| Q2 25 | $159.5M | $826.5M | ||
| Q1 25 | $147.4M | $800.0M | ||
| Q4 24 | $229.5M | $773.5M | ||
| Q3 24 | $234.3M | $756.2M | ||
| Q2 24 | $237.1M | $721.4M | ||
| Q1 24 | $230.9M | $707.8M |
总资产FORRFROG
| Q4 25 | $404.0M | $1.3B | ||
| Q3 25 | $414.2M | $1.3B | ||
| Q2 25 | $436.0M | $1.2B | ||
| Q1 25 | $439.8M | $1.2B | ||
| Q4 24 | $503.9M | $1.1B | ||
| Q3 24 | $505.3M | $1.1B | ||
| Q2 24 | $524.2M | $1.0B | ||
| Q1 24 | $555.7M | $997.1M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-3.2M | $50.7M |
| 自由现金流经营现金流 - 资本支出 | $-4.3M | $49.9M |
| 自由现金流率自由现金流/营收 | -4.2% | 34.3% |
| 资本支出强度资本支出/营收 | 1.1% | 0.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $18.1M | $142.3M |
8季度趋势，按日历期对齐
经营现金流FORRFROG
| Q4 25 | $-3.2M | $50.7M | ||
| Q3 25 | $1.2M | $30.2M | ||
| Q2 25 | $-3.6M | $36.1M | ||
| Q1 25 | $26.7M | $28.8M | ||
| Q4 24 | $-1.8M | $49.1M | ||
| Q3 24 | $264.0K | $27.6M | ||
| Q2 24 | $-2.9M | $16.7M | ||
| Q1 24 | $611.0K | $17.5M |
自由现金流FORRFROG
| Q4 25 | $-4.3M | $49.9M | ||
| Q3 25 | $524.0K | $28.8M | ||
| Q2 25 | $-4.2M | $35.5M | ||
| Q1 25 | $26.1M | $28.1M | ||
| Q4 24 | $-2.5M | $48.5M | ||
| Q3 24 | $-223.0K | $26.7M | ||
| Q2 24 | $-3.7M | $16.0M | ||
| Q1 24 | $-815.0K | $16.6M |
自由现金流率FORRFROG
| Q4 25 | -4.2% | 34.3% | ||
| Q3 25 | 0.6% | 21.0% | ||
| Q2 25 | -3.8% | 27.9% | ||
| Q1 25 | 29.0% | 23.0% | ||
| Q4 24 | -2.3% | 41.8% | ||
| Q3 24 | -0.2% | 24.5% | ||
| Q2 24 | -3.1% | 15.5% | ||
| Q1 24 | -0.8% | 16.6% |
资本支出强度FORRFROG
| Q4 25 | 1.1% | 0.6% | ||
| Q3 25 | 0.7% | 1.0% | ||
| Q2 25 | 0.5% | 0.5% | ||
| Q1 25 | 0.7% | 0.5% | ||
| Q4 24 | 0.6% | 0.5% | ||
| Q3 24 | 0.5% | 0.9% | ||
| Q2 24 | 0.7% | 0.7% | ||
| Q1 24 | 1.4% | 0.8% |
现金转化率FORRFROG
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.93× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -4.24× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.46× | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
FROG
暂无分部数据
