JFrog reported strong first-quarter 2025 results, exceeding expectations, with significant growth in revenue, driven by cloud adoption and platform expansion, and improved non-GAAP profitability, while maintaining a cautious outlook amidst macroeconomic uncertainty.
Total subscription revenue for Q1 2025 was $122.4 million, a 22% increase year-over-year.
Non-GAAP net income for Q1 2025 was $23.3 million, resulting in non-GAAP diluted EPS of $0.20.
GAAP net loss for Q1 2025 was $18.5 million, or a net loss per share of $0.16.
Free cash flow for Q1 2025 was $28.1 million.
The report mentions maintaining a prudent outlook given ongoing macroeconomic uncertainty but expresses confidence in the strategy and opportunities for future scaling. Specific forward guidance figures were not provided in this excerpt.
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