JFrog Q3 2026 earnings beat and cloud growth spark 30% stock surge
JFrog reported third‑quarter 2026 revenue of $179.17 million, up 31% year‑over‑year, and adjusted EPS of $0.32, beating consensus by $0.09. Cloud revenue jumped 60% to $101.5 million, representing 57% of total revenue. The company forecast Q4 revenue of $184 million, roughly 9% above analyst estimates, and posted an operating margin of 22.7%. The results sent the shares up about 30% to $97.28.
Why it matters
The earnings beat and raised guidance highlight strong demand for JFrog’s cloud services, prompting a sharp stock rally and higher analyst price targets (e.g., Guggenheim to $125, Truist to $120). Investors may reassess valuation given the accelerated growth and improved profitability.
Key facts
- 1Revenue was $179.17 million, up 31% YoY. tradingview.com
- 2Adjusted EPS was $0.32, beating consensus by $0.09. seekingalpha.com
- 3Cloud revenue was $101.5 million, up 60% YoY and 57% of total revenue. ibtimes.com.au
- 4Q4 revenue guidance midpoint is $184 million, 9.3% above analyst estimates. ibtimes.com.au
- 5Operating margin for the quarter was 22.7%. ibtimes.com.au
- 6Shares rose 30.37% to $97.28, valuing the company at about $11.6 billion. ibtimes.com.au
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.