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BFRGBullfrog AI Holdings, Inc. Common Stock
$0.69$9M
Overview & Verdict
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BFRG logoBullfrog AI Holdings, Inc. Common Stock(BFRG)Earnings, Financials & Key Ratios

BFRG•NASDAQ
$0.69
Price updated Jul 7, 2026
SectorHealthcareIndustryHealthcare ITSub-IndustryLife Sciences and Precision Medicine Software
AboutBullFrog AI Holdings, Inc., through its subsidiaries, operates as a digital biopharmaceutical company that focuses on artificial intelligence and machine learning (AI/ML) driven analysis of data sets in medicine and healthcare in the United States. It offers bfLEAP, an AI/ML platform for the analysis of preclinical and/or clinical data. The company also has licensing agreements with George Washington University for rights to use siRNA targeting Beta2-spectrin in the treatment of human diseases, including hepatocellular carcinoma, obesity, non-alcoholic fatty liver disease, and non-alcoholic steatohepatitis; and Johns Hopkins University for the use of a formulation of Mebendazole for the treatment of human cancer or neoplastic disease. BullFrog AI Holdings, Inc. was founded in 2017 and is based in Gaithersburg, Maryland.Show more
  • Revenue$117K
  • EBITDA-$7M+8.9%
  • Net Income-$6M+7.1%
  • EPS (Diluted)-0.63+25.9%
  • Gross Margin17.29%
  • EBITDA Margin-5650.91%
  • Operating Margin-5652.38%
  • Net Margin-5569.61%
  • ROE-0%+100.0%

BFRG Price & Volume

Bullfrog AI Holdings, Inc. Common Stock (BFRG) stock price & volume — 10-year historical chart

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Persistent Operating Losses Challenge Future Capital Viability

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Rapid Cash Runway Depletion

Key Thesis Takeaways

  • Bullfrog AI Holdings faces a precarious fundamental outlook characterized by sporadic revenue generation and a reliance on equity-based funding to sustain its $1.5 million average quarterly operating expense burden.
  • While the company has successfully reduced its total debt to $0 as of 2026Q1, the lack of a repeatable commercial model for its bfLEAP platform suggests significant execution risk.
  • Investors should monitor the company's $5.1 million cash position closely, as the current trajectory of negative free cash flow may necessitate further dilutive capital raises to support ongoing research and development.

Verdict Logic

the company's inability to generate consistent revenue, coupled with a -45.4% ROE as of 2026Q1, suggests that the current business model is not yet self-sustaining.

BFRG Growth Metrics

Bullfrog AI Holdings, Inc. Common Stock (BFRG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years126.81%
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM14.54%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM34.52%

Return on Capital

10 Years-132.87%
5 Years-132.87%
3 Years-132.87%
Last Year-0%

Latest BFRG News

Recent stock market news and headlines for Bullfrog AI Holdings, Inc. Common Stock (BFRG)

TheNewswire·Jun 24, 2026
Water Tower Research Publishes Initiation of Coverage Report on BullFrog AI Holdings, Inc., "Helping Big Pharma Look Before It Leaps in Drug Discovery"

June 24, 2026, ST. PETERSBURG, FL – Water Tower Research (www.watertowerresearch.com) has published an Initiation of Coverage Report on BullFrog AI Holdings, Inc. (NASDAQ: BFRG) titled, “Helping Big Pharma Look Before It Leaps in Drug Discovery”. The report can be accessed here. BullFrog AI Holdings, Inc. (NASDAQ: BFRG) is a Gaithersburg, Maryland-based AI company that is focused on the pharmaceutical R&D market. BullFrog uses AI to increase the success rate of drug development while reducing the time and investment it requires. The company commercializes a proprietary, end-to-end AI and ML platform that prepares biomedical data, identifies the biological drivers of disease, and supports development decisions. The platform targets a core inefficiency in drug development: bringing a new drug to market typically takes 10-15 years and $1-2 billion, and even then, roughly half of the drugs that reach Phase 3 still fail, often because developers picked the wrong target or could not identify which patients a drug actually helps.

Peers Comparison

Key metrics vs top competitors for Bullfrog AI Holdings, Inc. Common Stock (BFRG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BFRG logoBFRGBullfrog AI Holdings, Inc. Common StockCurrent
$0.69$8.96M-1.10—-5569.61%-0%—
RXRX logoRXRXRecursion Pharmaceuticals, Inc.
$3.84$1.72B-2.6726.92%-844.46%-54.32%—
ABSI logoABSIAbsci Corporation
$11.33$1.77B-13.49-38.24%-6450.76%-63.58%—
AIXI logoAIXIXiao-I Corporation
$1.89$999.33K-0.01-82.47%-140.37%——
INVA logoINVAInnoviva, Inc.
$22.25$1.64B6.7418.52%118.91%47.59%—
SDGR logoSDGRSchrödinger, Inc.
$16.49$1.23B-11.7023.29%-40.6%-30.85%—

Compare BFRG vs Peers

Bullfrog AI Holdings, Inc. Common Stock (BFRG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs RXRX

Most directly comparable listed peer for BFRG.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare BFRG against a more recognizable public peer.

Peer Set

Compare Top 5

vs RXRX, ABSI, AIXI, INVA

BFRG SEC Filings & Documents

Bullfrog AI Holdings, Inc. Common Stock (BFRG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 22, 2026·SEC

Material company update

Apr 21, 2026·SEC

Material company update

Apr 13, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 19, 2026·SEC

FY 2025

Mar 14, 2025·SEC

FY 2024

Mar 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 14, 2026·SEC

FY 2025

Nov 14, 2025·SEC

FY 2025

Aug 13, 2025·SEC

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BFRG Frequently Asked Questions

Bullfrog AI Holdings, Inc. Common Stock (BFRG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Bullfrog AI Holdings, Inc. Common Stock's revenue?

Bullfrog AI Holdings, Inc. Common Stock (BFRG) reported $0.1M in revenue for fiscal year 2025.

Is BFRG profitable?

Bullfrog AI Holdings, Inc. Common Stock (BFRG) reported a net loss of $6.1M for fiscal year 2025.

Dividend & Returns
What is BFRG's return on equity?

Bullfrog AI Holdings, Inc. Common Stock (BFRG) has a return on equity (ROE) of -0.0%. Negative ROE indicates the company is unprofitable.

What is Bullfrog AI Holdings, Inc. Common Stock's free cash flow?

Bullfrog AI Holdings, Inc. Common Stock (BFRG) had negative free cash flow of $5.4M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in BFRG back in 2020?

Total return calculator · dividends reinvested · 6+ years of data

See returns →