Jfrog Ltd

JFrog defines free cash flow as Net cash provided by (used in) operating activities, minus capital expenditures.

SEC original ↗Jfrog Ltd — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Additionally, JFrog’s management believes that the non-GAAP financial measure, free cash flow, is meaningful to investors because management reviews cash flows generated from operations after taking into consideration capital expenditures due to the fact that these expenditures are considered to be a necessary component of ongoing operations.

SEC original ↗Jfrog Ltd — Earnings release (8-K exhibit)EX-99Aug 7, 2025

, Iran, and Hezbollah, and the regional conflict in the Middle East, on our business, results of operations and financial condition; our ability to successfully defend litigation brought against us; 1 Table of Contents our ability to attract and retain qualified employees and key personnel; the sufficiency of our cash and cash equivalents to meet our liquidity needs; our expectations regarding the amount, timing, and manner of any repurchases of our ordinary shares; the future trading prices of our ordinary shares; and our ability to maintain or increase our net dollar retention rate.

SEC original ↗Jfrog Ltd — 10-Q Quarterly report10-QAug 7, 2026

Significant items subject to such estimates and assumptions include, but are not limited to, the allocation of transaction price among various performance obligations, the estimated benefit period of deferred contract acquisition costs, the allowance for credit losses, the fair value of acquired intangible assets and goodwill, the useful lives of acquired intangible assets and property and equipment, the incremental borrowing rate for operating leases, and the valuation of deferred tax assets and uncertain tax positions.

SEC original ↗Jfrog Ltd — 10-Q Quarterly report10-QAug 7, 2026

The Company classifies its restricted deposits, certificates of deposit, commercial paper, corporate debt securities, municipal securities, government and agency debt, and derivative financial instruments within Level 2 because they are valued using inputs other than quoted prices which are directly or indirectly observable in the market, including readily-available pricing sources for the identical underlying security which may not be actively traded.

SEC original ↗Jfrog Ltd — 10-Q Quarterly report10-QAug 7, 2026

Shareholders Equity and Equity Incentive Plans Share Repurchases In February 2026, the Board of Directors approved a share repurchase program authorizing the repurchase of up to $ 300.0 million of the Company s ordinary shares.

SEC original ↗Jfrog Ltd — 10-Q Quarterly report10-QAug 7, 2026

“With a unified focus on DevOps, Security, and MLOps, JFrog has positioned itself as a system of record for all software packages, and a leader in the fast-growing AI ecosystem as a gold-standard model registry,” said Shlomi Ben Haim, CEO and Co-founder of JFrog.

SEC original ↗Jfrog Ltd — Earnings release (8-K exhibit)EX-99Aug 7, 2025

We remain focused on disciplined operations, while driving high-quality, sustainable growth across the business.

SEC original ↗Jfrog Ltd — Earnings release (8-K exhibit)EX-99Aug 7, 2025

In some cases, you can identify forward-looking statements because they contain words such as may, will, should, expect, plan, anticipate, could, intend, target, project, contemplate, believe, estimate, predict, potential, or continue or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans, or intentions.

SEC original ↗Jfrog Ltd — 10-Q Quarterly report10-QAug 7, 2026

For certain large or strategic customers, the Company has agreed to indemnify, defend and hold harmless the indemnified party for certain additional matters including but not limited to non-compliance with certain representations and warranties made by the Company.

SEC original ↗Jfrog Ltd — 10-Q Quarterly report10-QAug 7, 2026

We have designed our subscription structure and go-to-market strategy to align our growth with the success of our customers.

SEC original ↗Jfrog Ltd — 10-Q Quarterly report10-QAug 7, 2026

“Our Q2 results reflect continued strong execution amid a period of ongoing uncertainty.

SEC original ↗Jfrog Ltd — Earnings release (8-K exhibit)EX-99Aug 7, 2025

These forward-looking statements are based on JFrog’s current assumptions, expectations and beliefs and are subject to substantial risks, uncertainties, assumptions and changes in circumstances that may cause JFrog’s actual results, performance or achievements to differ materially from those expressed or implied in any forward-looking statement.

SEC original ↗Jfrog Ltd — Earnings release (8-K exhibit)EX-99Aug 7, 2025

A reconciliation of 3 non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, reconciling items that may be incurred in the future such as share-based compensation, the effect of which may be significant.

SEC original ↗Jfrog Ltd — Earnings release (8-K exhibit)EX-99Aug 7, 2025

Legal Proceedings 37 Item 1A.

SEC original ↗Jfrog Ltd — 10-Q Quarterly report10-QAug 7, 2026

Exhibits 73 Signatures 74 Table of Contents NOTE REGARDING FORWA RD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the Securities Act ), and Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act ), which statements involve substantial risks and uncertainties that could cause actual results to differ materially from those predicted.

SEC original ↗Jfrog Ltd — 10-Q Quarterly report10-QAug 7, 2026

corporations; our ability to maintain an effective system of disclosure controls and internal control over financial reporting, and to produce timely and accurate financial statements or comply with applicable regulations; our expectations about the impact of global economic disruptions resulting from natural disasters, public health epidemics, protests or riots, and geopolitical tensions, such as the imposition of tariffs and other non-tariff trade barriers, or war, such as the war involving Israel, the U.

SEC original ↗Jfrog Ltd — 10-Q Quarterly report10-QAug 7, 2026