Freshworks Inc.(FRSH)Earnings, Financials & Key Ratios

FRSH•NASDAQ

$10.38

16.5× P/E·Price updated Jul 7, 2026

SectorTechnology IndustryApplication Software Sub-IndustryCRM and customer engagement software

AboutFreshworks Inc., a software development company, provides modern software-as-a-service products worldwide. Freshworks Inc. was formerly known as Freshdesk Inc. and changed its name to Freshworks Inc. in June 2017. The company was incorporated in 2010 and is headquartered in San Mateo, California.Show more

Revenue$839M+16.4%
EBITDA$71M+159.7%
Net Income$184M+292.6%
EPS (Diluted)0.63+296.9%
Gross Margin84.96%+0.8%
EBITDA Margin8.48%+151.3%
Operating Margin1.62%+108.4%
Net Margin21.9%+265.5%
ROE16.93%+296.2%

FRSH Price & Volume

Freshworks Inc. (FRSH) stock price & volume — 10-year historical chart

Loading chart...

Decelerating Growth Masks Persistent Operating Margin Challenges

Investment Thesis • Updated 2026Q1

VerdictNeutral

Growth:Decelerating

Profitability:Strained

Financial:Healthy

Cash Flow:Improving

Primary Risk:AI-driven seat pricing erosion

Key Thesis Takeaways

Freshworks demonstrates a scalable cloud-native model with consistent 85% gross margins, yet the company struggles to translate this into sustained operating profitability, as evidenced by a -3.5% operating margin in 2026Q1.
Investors should remain cautious regarding the quality of earnings, which appear heavily influenced by non-operating interest income rather than core operational improvements.
Furthermore, the persistent reliance on stock-based compensation, exceeding $40 million per quarter, continues to dilute shareholder value and complicates the assessment of true organic growth.

Verdict Logic

while the company maintains a robust cash balance of $548.2 million, the lack of consistent operating leverage and the reliance on non-operating income to drive net profitability suggest significant execution risks.

FRSH Growth Metrics

Freshworks Inc. (FRSH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years21.44%

5 Years27.43%

3 Years18.98%

TTM15.92%

Profit CAGR

10 Years43.65%

5 Years-

3 Years-

TTM345.7%

EPS CAGR

10 Years8.07%

5 Years-

3 Years-

TTM358.42%

Return on Capital

10 Years-10.96%

5 Years-14.68%

3 Years-8.64%

Last Year1.18%

FRSH Recent Earnings

Freshworks Inc. (FRSH) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 11/12 qtrs (92%)●Beat Revenue 9/12 qtrs (75%)

Q2 2026Latest

May 5, 2026

Metric

Actual

Est

EPS

$0.11+0.0%

$0.11

Rev

$229M+2.2%

$224M

Q1 2026

Feb 10, 2026

Metric

Actual

Est

EPS

$0.14+27.3%

$0.11

Rev

$223M+1.8%

$219M

Q4 2025

Nov 5, 2025

Metric

Actual

Est

EPS

$0.16+23.1%

$0.13

Rev

$215M-1.7%

$219M

Q3 2025

Jul 29, 2025

Metric

Actual

Est

EPS

$0.18+50.0%

$0.12

Rev

$205M-2.0%

$209M

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	May 5, 2026	$0.11vs $0.11+0.0%	$229Mvs $224M+2.2%
Q1 2026	Feb 10, 2026	$0.14vs $0.11+27.3%	$223Mvs $219M+1.8%
Q4 2025	Nov 5, 2025	$0.16vs $0.13+23.1%	$215Mvs $219M-1.7%
Q3 2025	Jul 29, 2025	$0.18vs $0.12+50.0%	$205Mvs $209M-2.0%

Based on last 12 quarters of dataView full earnings history →

Latest FRSH News

Recent stock market news and headlines for Freshworks Inc. (FRSH)

GlobeNewsWire·Jun 30, 2026

Vanquis Selects Freshworks to Modernize Service Management as Gateway Transformation Nears Completion

LONDON, June 30, 2026 (GLOBE NEWSWIRE) -- Freshworks (NASDAQ: FRSH) today announced that Vanquis , a leading UK specialist bank, has selected Freshservice as its AI-powered service operations platform to support the next phase of its digital transformation. The selection is a key milestone in Vanquis' broader Gateway programme, the bank's flagship technology modernization initiative designed to create a simpler, more scalable and digital-first organization.

Zacks Investment Research·Jun 29, 2026

Freshworks (FRSH) Soars 7.4%: Is Further Upside Left in the Stock?

Freshworks (FRSH) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Peers Comparison

Key metrics vs top competitors for Freshworks Inc. (FRSH)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
FRSHFreshworks Inc.Current	$10.38	$2.87B	16.48	16.43%	21.9%	16.93%	—
HUBSHubSpot, Inc.	$205.23	$10.51B	238.63	19.17%	3.04%	5.02%	—
CRMSalesforce, Inc.	$169.52	$138.84B	21.73	9.58%	18.73%	14.95%	—
DDOGDatadog, Inc.	$256.81	$91.41B	856.03	27.68%	3.69%	3.78%	—
BILLBill.com Holdings, Inc.	$40.68	$4.05B	176.87	13.36%	0.01%	0%	—
NOWServiceNow, Inc.	$110.73	$114.73B	66.31	20.88%	12.59%	14.98%	—

Compare FRSH vs Peers

Freshworks Inc. (FRSH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HUBS

Most directly comparable listed peer for FRSH.

Scale Benchmark

vs GOOGL

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

Peer Set

Compare Top 5

vs HUBS, CRM, DDOG, BILL

FRSH SEC Filings & Documents

Freshworks Inc. (FRSH) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

May 5, 2026·SEC

Material company update

Mar 5, 2026·SEC

Material company update

Feb 26, 2026·SEC

10-K Annual Reports

FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 20, 2025·SEC

10-Q Quarterly Reports

FY 2026

May 5, 2026·SEC

FY 2025

Nov 5, 2025·SEC

FY 2025

Jul 29, 2025·SEC

Get notified when FRSH posts new earnings or crosses analyst targets

Free. No account needed. Unsubscribe any time.

FRSH Frequently Asked Questions

Freshworks Inc. (FRSH) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is Freshworks Inc.'s revenue?

Freshworks Inc. (FRSH) reported $871.2M in revenue for fiscal year 2025. This represents a 794% increase from $97.4M in 2014.

How fast is Freshworks Inc. growing?

Freshworks Inc. (FRSH) grew revenue by 16.4% over the past year. This is strong growth.

Is FRSH profitable?

Yes, Freshworks Inc. (FRSH) is profitable, generating $180.2M in net income for fiscal year 2025 (21.9% net margin).

Dividend & Returns

What is FRSH's return on equity?

Freshworks Inc. (FRSH) has a return on equity (ROE) of 16.9%. This is reasonable for most industries.

What is Freshworks Inc.'s free cash flow?

Freshworks Inc. (FRSH) generated $254.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in FRSH back in 2014?

Total return calculator · dividends reinvested · 12+ years of data

See returns →

Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

May 5, 2026

$0.11vs $0.11+0.0%

$229Mvs $224M+2.2%

Q1 2026

Feb 10, 2026

$0.14vs $0.11+27.3%

$223Mvs $219M+1.8%

Q4 2025

Nov 5, 2025

$0.16vs $0.13+23.1%

$215Mvs $219M-1.7%

Q3 2025

Jul 29, 2025

$0.18vs $0.12+50.0%

$205Mvs $209M-2.0%

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

FRSHFreshworks Inc.Current

$10.38

$2.87B

16.48

16.43%

21.9%

16.93%

—

HUBSHubSpot, Inc.

$205.23

$10.51B

238.63

19.17%

3.04%

5.02%

—

CRMSalesforce, Inc.

$169.52

$138.84B

21.73

9.58%

18.73%

14.95%

—

DDOGDatadog, Inc.

$256.81

$91.41B

856.03

27.68%

3.69%

3.78%

—

BILLBill.com Holdings, Inc.

$40.68

$4.05B

176.87

13.36%

0.01%

—

NOWServiceNow, Inc.

$110.73

$114.73B

66.31

20.88%

12.59%

14.98%

—