JFrog Ltd. announced its financial results for the first quarter ended March 31, 2025, reporting total revenues of $122.4 million. This figure represents a 22% increase year-over-year and surpassed market expectations.
The company's non-GAAP profit for the quarter was $0.20 per share, exceeding analysts' consensus estimates by 21.5%. Cloud revenue continued its strong trajectory, growing 42% year-over-year, and the number of customers with over $1 million in annual recurring revenue increased by 35% from the previous year.
JFrog also provided positive guidance for the second quarter of 2025, with revenue expected around $122.5 million at the midpoint, which is 1.2% above analysts' estimates. Furthermore, the company's full-year sales, adjusted operating income, and EPS guidance all topped analysts' expectations, signaling continued confidence in its growth trajectory.
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