Freshworks FRSH
Public, NASDAQ, reports in USD. Founded 2010.
Theme: Cloud.
Operations Management.
2025-08-01 — Follow closely, legacy SaaS helpdesk. Xls-files? Old app
Financials millions, USD
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 839m USD | 16.4 % | 85.0 % | 19.5 % | 14m USD | 1.6 % | 184m USD | 0.63 | 18.1 | |
| 2024 | 720m USD | 20.9 % | 84.3 % | 22.8 % | -129m USD | -17.9 % | -95m USD | -0.32 | 3.0 | |
| 2023 | 596m USD | 19.7 % | 82.7 % | 23.2 % | -170m USD | -28.5 % | -137m USD | -0.47 | -8.8 | |
| 2022 | 498m USD | – | 80.8 % | 27.2 % | -233m USD | -46.9 % | -232m USD | -0.82 | – | |
| 2026-Q2 | 237m USD | 16.0 % | 84.8 % | 18.5 % | 13m USD | 5.5 % | 3.2m USD | 0.01 | 21.5 | |
| 2026-Q1 | 229m USD | – | 84.8 % | 21.5 % | -8.1m USD | -3.5 % | -4.8m USD | -0.02 | – | |
| 2025-Q4 | 223m USD | – | 85.6 % | 18.8 % | 40m USD | 17.8 % | 191m USD | 0.67 | – | |
| 2025-Q3 | 215m USD | – | 84.7 % | 19.3 % | -7.5m USD | -3.5 % | -4.7m USD | -0.02 | – | |
| 2025-Q2 | 205m USD | – | 84.8 % | 19.5 % | -8.7m USD | -4.2 % | -1.7m USD | -0.01 | – |
Sources
- 2025: yfinance
- 2024: yfinance
- 2023: 2025_10-K_Summary_2026-07-10.xlsx
- 2022: 2025_10-K_Summary_2026-07-10.xlsx
- 2026-Q2: yfinance
- 2026-Q1: yfinance
- 2025-Q4: yfinance
- 2025-Q3: yfinance
- 2025-Q2: yfinance
Latest quarter 2026-Q2, ended 2026-06-30, vs 2025-Q2
| 2026-Q2 | 2025-Q2 | change | |
|---|---|---|---|
| Revenue | 237m USD | 205m USD | +33m (+16 %) |
| Op. margin | 5.5 % | -4.2 % | +9.7 pts |
| FCF | 52m USD | 54m USD | -1.5m (-3 %) |
| Op. income | 13m USD | ||
| Net income | 3.2m USD | ||
| EPS (diluted) | 0.01 |
Cash flow millions, USD
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | 242m USD | 21m USD | 221m USD | 26.3 % | 131.9 % | – | – | – | 12m USD |
| 2024 | 161m USD | 15m USD | 146m USD | 20.3 % | – | – | – | – | 132m USD |
| 2023 | 86m USD | 8.3m USD | 78m USD | 13.1 % | – | – | – | – | 184m USD |
| 2022 | -2.5m USD | 12m USD | -15m USD | -3.0 % | – | – | – | – | -444m USD |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 12.80 USD | 2026-09-15 | |
|---|---|---|---|
| Market cap | 3.3bn USD | 2026-09-15 | |
| 52w high | 13.99 USD | 2026-09-15 | |
| 52w low | 6.79 USD | 2026-09-15 | |
| Off 52w high % | -8.5 % | ||
| P/S | 4.0 | ||
| Lifetime CAGR | -1.1 % |
Notes
- 2025-08-01 opinion Follow closely, legacy SaaS helpdesk. Xls-files? Old app