FROG vs. QNT: JFrog vs. Quantinuum Stock Comparison
How do JFrog (FROG) and Quantinuum (QNT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
JFrog (FROG) and Quantinuum (QNT) both fall under the Software & Services industry group, but FROG is classified in Software while QNT is classified in IT Services.
JFrog (FROG) has traded publicly since September 16, 2020, giving it several years of listed trading history, while Quantinuum (QNT) only listed on June 4, 2026 and has a limited public-market record.
| Profile Item | FROG | QNT |
|---|---|---|
| Name | JFrog Ltd. | Quantinuum Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | IT Services |
| GICS Sub-Industry | Systems Software | IT Consulting & Other Services |
| Market Capitalization | 12.45 billion USD | 10.13 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | September 16, 2020 | June 4, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FROG | QNT |
|---|---|---|
| Total Return (1Y) | 77.72% | -- |
| Total Return (3Y, Annualized) | 60.36% | -- |
| Total Return (5Y, Annualized) | 22.50% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Quantinuum (QNT) reports a negative beta of -2.69, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. JFrog (FROG) has a non-negative beta of 1.26.
| Metric | FROG | QNT |
|---|---|---|
| Volatility (1Y, Annualized) | 80.78% | 105.28% |
| Beta (5Y) | 1.26 | -2.69 |
| Max Drawdown (5Y) | -56.17% | -64.15% |
| Avg. Volume (3M) | 1.95M | 2.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Both FROG and QNT need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | FROG | QNT |
|---|---|---|
| Sharpe Ratio (1Y) | 0.91 | -- |
| Sortino Ratio (1Y) | 1.48 | -- |
Profitability
ROE (TTM)
Quantinuum (QNT) has no ROE value reported for this period; JFrog (FROG) reports a negative figure of -2.26%, which needs context because negative ROE can reflect losses or negative shareholders’ equity.
FROG
Software & Services industry group
-2.26%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- FROG
- -2.26%
- Q1
- -9.59%
- Min
- -50.52%
QNT
Software & Services industry group
--
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
- QNT
- --
Net Margin (TTM)
JFrog (FROG) reports a negative net margin of -3.28%, usually indicating a net loss over the period. Meanwhile Quantinuum (QNT) reports 0.00%, ranking against industry peers normally.
FROG
Software & Services industry group
-3.28%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- FROG
- -3.28%
- Q1
- -5.42%
- Min
- -33.17%
QNT
Software & Services industry group
0.00%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- QNT
- 0.00%
- Q1
- -5.42%
- Min
- -33.17%
Operating Margin (TTM)
Both JFrog (FROG) at -0.27% and Quantinuum (QNT) at -6,939.56% report negative operating margin values, usually indicating operating losses over the period.
FROG
Software & Services industry group
-0.27%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- FROG
- -0.27%
- Q1
- -2.13%
- Min
- -30.45%
QNT
Software & Services industry group
-6,939.56%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
- QNT
- -6,939.56%
Profitability Metrics
| Metric | FROG | QNT |
|---|---|---|
| ROE (TTM) | -2.26% | -- |
| ROA (TTM) | -1.85% | -- |
| Net Margin (TTM) | -3.28% | 0.00% |
| Operating Margin (TTM) | -0.27% | -6,939.56% |
| Gross Margin (TTM) | 78.44% | 41.31% |
Growth
Revenue Growth
Quantinuum (QNT) at 34.61% sits in the top revenue growth quartile, while JFrog (FROG) at 24.12% is closer to the peer norm — faster top-line expansion for QNT.
EPS Growth
Neither JFrog (FROG) nor Quantinuum (QNT) reports a EPS growth value for this period, so a direct comparison isn't possible.
Growth Metrics
| Metric | FROG | QNT |
|---|---|---|
| Revenue Growth (YoY) | 24.12% | 34.61% |
| Revenue Growth (3Y CAGR) | 23.84% | -- |
| EPS Growth (YoY) | -- | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
JFrog (FROG) at 2.15 keeps current ratio within its industry’s typical mid-range, while Quantinuum (QNT) at 15.49 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
FROG
Software & Services industry group
2.15
- Max
- 5.11
- Q3
- 2.77
- FROG
- 2.15
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
QNT
Software & Services industry group
15.49
- QNT
- 15.49
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Quantinuum (QNT) at 0.01 keeps leverage in the lower industry quartile, while JFrog (FROG) at 0.11 runs a more typical debt-to-equity mix.
FROG
Software & Services industry group
0.11
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- FROG
- 0.11
- Q1
- 0.07
- Min
- 0.00
QNT
Software & Services industry group
0.01
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- QNT
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | FROG | QNT |
|---|---|---|
| Current Ratio (MRQ) | 2.15 | 15.49 |
| Debt / Equity (MRQ) | 0.11 | 0.01 |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Neither JFrog (FROG) nor Quantinuum (QNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
FROG
Software & Services industry group
0.00%
- FROG
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
QNT
Software & Services industry group
0.00%
- QNT
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither JFrog (FROG) nor Quantinuum (QNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
FROG
Software & Services industry group
0.00%
- FROG
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
QNT
Software & Services industry group
0.00%
- QNT
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FROG | QNT |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Neither JFrog (FROG) nor Quantinuum (QNT) reports a P/E ratio value for this period, so a direct comparison isn’t possible.
FROG
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- FROG
- --
QNT
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- QNT
- --
P/S Ratio (TTM)
Investors are paying well above the peer range per dollar of sales for both JFrog (FROG) at 19.39 and Quantinuum (QNT) at 441.11 — each P/S ratio clears its industry’s benchmark range.
FROG
Software & Services industry group
19.39
- FROG
- 19.39
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
QNT
Software & Services industry group
441.11
- QNT
- 441.11
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Both look rich against book: JFrog (FROG) at 12.37 sits in the upper P/B ratio quartile, and Quantinuum (QNT) at 64.89 prices even higher, above its industry range.
FROG
Software & Services industry group
12.37
- Max
- 16.63
- FROG
- 12.37
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
QNT
Software & Services industry group
64.89
- QNT
- 64.89
- Max
- 16.63
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | FROG | QNT |
|---|---|---|
| P/E Ratio (TTM) | -- | -- |
| P/S Ratio (TTM) | 19.39 | 441.11 |
| P/B Ratio (MRQ) | 12.37 | 64.89 |
| Free Cash Flow Yield (TTM) | 1.85% | -- |