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FRSHFreshworks Inc.
$12.87$3.6B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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FRSH logo

Freshworks Inc.

FRSH
NASDAQ · Application Software
$12.87
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$3.56B
P/E20.4x
52W High$13.99
Volume6.23M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Margin Inflection and Buybacks Offset Decelerating Growth

Freshworks is transitioning from a high-growth, loss-making SaaS vendor to a cash-generative, modestly profitable enterprise software company. Revenue growth has decelerated to 16.0% in 2026Q2, but gross margins remain stable at 84.8%, and operating leverage i...

GrowthDecelerating
ProfitabilityModerate
ValuationAttractive
TechnicalsStrong
Explore valuation models
MARKET ACTION

FRSH price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

11/12 Beats

EPS beat 11 of last 12 quarters

02

Valuation risk

-47% Peers

P/E is 47% below peer median

03

Market leadership

RS 83 · Leader

High momentum (Outperforming 83% of market)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Nov 4

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
FRSH+10.95%
S&P 500 (^GSPC)+12.39%
1-Year Return
FRSH+0.31%
S&P 500 (^GSPC)+15.77%
3-Year Return
FRSH-33.69%
S&P 500 (^GSPC)+82.00%
5-Year Return
FRSH-72.93%
S&P 500 (^GSPC)+77.56%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
20.4x
Forward P/EExpansion
19.2x
EV/EBITDA0th %ile
42.6x
FCF YieldCash Flow
6.9%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
20.4x
19.4x
100th· High
EV/EBITDA
42.6x
43.2x
0th· Low
Price/FCF
14.5x
33.3x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$5.81-54.9%
Base (Fair)$8.12-33.7%
Bull$8.17-36.5%
$5.81 Bear$8.12 Base$8.17 Bull
Current Market Price: $12.87
Trades at a 58.5% premium to Base DCF ($8.12)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$839M+16.4% YoY
Net income
$184M+292.6% YoY
Free cash flow
$245M+68.0% YoY
Operating margin
1.6%+20.9 pts YoY
ROIC (TTM)1.9%
Avg ROIC 5Y-
ROE (TTM)16.9%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate11/12 (92%)
Revenue Beat Rate9/12 (75%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 4, 2026
$0.17+30.4%
vs $0.13
$237M+1.6%
vs $234M
Q2 2026
May 5, 2026
$0.11+0.0%
vs $0.11
$229M+2.2%
vs $224M
Q1 2026
Feb 10, 2026
$0.14+27.3%
vs $0.11
$223M+1.8%
vs $219M
Q4 2025
Nov 5, 2025
$0.16+23.1%
vs $0.13
$215M-1.7%
vs $219M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Seeking Alpha·Sep 16, 2026
Freshworks: GAAP Profitability Is The Next Catalyst For This Undervalued SaaS Stock

Freshworks Inc. has rebounded strongly post-SaaSpocalypse, delivering sustained revenue growth and improving profitability. FRSH achieved GAAP profitability in Q2, driven by headcount reduction, lower SBC, and operating leverage, positioning it for a potential valuation rerating. AI adoption is accelerating, with over 7,000 customers and high attach rates, especially in larger enterprise deals; upstream growth outpaces overall revenue.

GlobeNewsWire·Sep 3, 2026
Freshworks Announces Inducement Grant under Listing Rule 5635(C)(4) of the Nasdaq Stock Market

SAN MATEO, Calif., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Freshworks Inc. (Nasdaq: FRSH), the AI-powered, unified service operations platform, announced today that it granted to Ryan Manning, Freshworks' recently appointed Chief Product and Technology Officer, a restricted stock unit award covering 1,162,790 shares of Freshworks' Class A common stock under its 2022 Inducement Plan. The award was granted as an inducement material to Mr. Manning becoming a new employee of Freshworks in accordance with The Nasdaq Stock Market Listing Rule 5635(c)(4).

MarketBeat·Aug 14, 2026
Freshworks Conference: CFO Bets on AI, Enterprise Simplicity to Drive Growth

Freshworks NASDAQ: FRSH CFO Tyler Sloat said the company is positioning its employee experience, or EX, portfolio around enterprise-grade technology designed to avoid the complexity typically associated with larger software platforms.

GlobeNewsWire·Aug 6, 2026
Freshworks Achieves FedRAMP® "In Process" Designation for Freshservice, Advancing AI-Powered Service Operations for the Public Sector

SAN MATEO, Calif., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) today announced that Freshservice, its AI-powered unified service operations platform, has achieved FedRAMP® ‘In-Process' status for Class C (Moderate) certification, signaling significant progress toward full authorization for U.S. federal government agencies. This designation marks a key milestone in Freshworks' plan to deliver modern service management software to federal agencies, and Freshservice is now listed on the FedRAMP Marketplace. Freshworks has engaged Coalfire, a leading provider of FedRAMP compliance assessments, to guide the authorization process.

Filtered for Freshworks Inc.More Headlines
04

Compare before deciding

Benchmark FRSH against direct peers instead of judging its metrics in isolation.

Peers Comparison

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

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FRSH logoFRSHFreshworks Inc.Current
$12.87$3.56B20.4316.43%21.9%16.93%—
HUBS logoHUBSHubSpot, Inc.
$226.03$11.58B262.8319.17%4.26%7.75%—
CRM logoCRMSalesforce, Inc.
$237.58$194.58B30.469.58%21.99%20.15%—
DDOG logoDDOGDatadog, Inc.
$251.49$89.52B838.3027.68%4.48%4.57%—
BILL logoBILLBill.com Holdings, Inc.
$45.92$4.57B-417.4513.03%-0.68%-0.3%—
NOW logoNOWServiceNow, Inc.
$140.78$145.55B84.3020.88%11.34%13.77%—

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

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

FRSH SEC Filings & Documents

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

8-K Announcements

6
Material company update

Aug 4, 2026·SEC

Material company update

Jul 28, 2026·SEC

Material company update

May 29, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 20, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 4, 2026·SEC

FY 2026

May 5, 2026·SEC

FY 2025

Nov 5, 2025·SEC

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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 $903.9M in revenue for fiscal year 2025. This represents a 828% 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 $185.2M 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 $249.7M 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 →