Description

JFrog’s Enterprise Powerhouse: Million-Dollar Customers Jump 59% As Platform Adoption Deepens!

JFrog, a company specialized in enterprise software supply chain solutions, reported second quarter 2026 revenues of $163.8 million, marking 29% year-over-year growth and surpassing the high end of guidance across all key metrics. The company demonstrated significant momentum in its cloud business, which grew 53% year-over-year to $87.5 million and now represents over half of total revenues, an increase from 45% a year ago. This growth was driven by higher secure binary consumption and customer adoption tied to accelerating AI-driven software development, resulting in increased volumes of binaries managed on JFrog’s platform. On-premises revenues also grew by 9%, reflecting ongoing engagement with existing customers amid a transition toward cloud and hybrid solutions. JFrog highlighted that customers with annual spend over $1 million increased substantially to 97 from 61 the previous year, a 59% rise, reinforcing strong enterprise traction.