Freshworks Inc. (FRSH) quarterly income statement — complete revenue, gross profit & net income history
Freshworks Inc. (FRSH) annual income statement — 12-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 245.43M | 237.38M | 228.63M | 222.74M | 215.12M | 204.68M | 196.27M | 194.57M | 186.57M | 174.13M | 165.14M | 160.11M | 153.55M | 145.08M | 137.69M | 133.17M | 128.76M | 121.43M | 114.64M | 105.48M |
| Revenue Growth % | 14.09% | 15.98% | 16.49% | 14.48% | 15.3% | 17.54% | 18.85% | 21.52% | 21.51% | 20.03% | 19.94% | 20.23% | 19.25% | 19.47% | 20.11% | 26.25% | 33.27% | 37.46% | 42.25% | 44.49% |
| Cost of Goods Sold | 35.99M | 36.1M | 34.69M | 32.17M | 32.95M | 31.14M | 29.88M | 29.46M | 29.81M | 28.18M | 25.89M | 27.01M | 26.26M | 24.86M | 25.24M | 25.16M | 24.18M | 24.04M | 22.39M | 20.4M |
| COGS % of Revenue | 14.67% | 15.21% | 15.17% | 14.44% | 15.32% | 15.22% | 15.22% | 15.14% | 15.98% | 16.18% | 15.68% | 16.87% | 17.1% | 17.14% | 18.33% | 18.89% | 18.78% | 19.8% | 19.54% | 19.34% |
| Gross Profit | 209.44M | 201.28M | 193.94M | 190.57M | 182.16M | 173.54M | 166.4M | 165.11M | 156.77M | 145.96M | 139.25M | 133.1M | 127.29M | 120.22M | 112.46M | 108.01M | 104.58M | 97.39M | 92.24M | 85.08M |
| Gross Margin % | 85.33% | 84.79% | 84.83% | 85.56% | 84.68% | 84.78% | 84.78% | 84.86% | 84.02% | 83.82% | 84.32% | 83.13% | 82.9% | 82.86% | 81.67% | 81.11% | 81.22% | 80.2% | 80.46% | 80.66% |
| Gross Profit Growth % | 14.97% | 15.99% | 16.56% | 15.42% | 16.2% | 18.9% | 19.49% | 24.05% | 23.16% | 21.41% | 23.83% | 23.23% | 21.71% | 23.44% | 21.91% | 26.95% | 40.61% | 39.85% | 44.37% | 47.89% |
| Operating Expenses | 181.21M | 195.22M | 202M | 151.49M | 189.62M | 182.19M | 176.81M | 188.9M | 195.63M | 189.74M | 171.42M | 173.14M | 166.02M | 163.51M | 160.56M | 168.62M | 162.87M | 164.74M | 139.37M | 141.46M |
| OpEx % of Revenue | 73.84% | 82.24% | 88.35% | 68.01% | 88.15% | 89.01% | 90.08% | 97.09% | 104.85% | 108.97% | 103.8% | 108.14% | 108.12% | 112.7% | 116.61% | 126.62% | 126.49% | 135.67% | 121.57% | 134.11% |
| Selling, General & Admin | 136.72M | 144.37M | 152.74M | 109.69M | 148.16M | 142.25M | 136.41M | 138.21M | 147.75M | 148.75M | 136.74M | 137.31M | 131.14M | 129.33M | 127.71M | 133.96M | 127M | 130.44M | 108.65M | 112.43M |
| SG&A % of Revenue | 55.7% | 60.82% | 66.81% | 49.25% | 68.87% | 69.5% | 69.5% | 71.03% | 79.19% | 85.42% | 82.8% | 85.76% | 85.4% | 89.14% | 92.75% | 100.6% | 98.63% | 107.42% | 94.78% | 106.59% |
| Research & Development | 44.72M | 43.81M | 49.26M | 41.8M | 41.46M | 39.94M | 40M | 41.03M | 47.88M | 40.99M | 34.68M | 35.83M | 34.88M | 34.18M | 32.86M | 34.66M | 35.87M | 34.3M | 30.72M | 29.03M |
| R&D % of Revenue | 18.22% | 18.46% | 21.55% | 18.77% | 19.27% | 19.52% | 20.38% | 21.09% | 25.67% | 23.54% | 21% | 22.38% | 22.72% | 23.56% | 23.86% | 26.03% | 27.86% | 28.24% | 26.8% | 27.52% |
| Other Operating Expenses | -218K | 1000K | 0 | 0 | 0 | 0 | 405K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 28.22M | 6.06M | -8.06M | 39.73M | -7.46M | -8.66M | -10.42M | -23.79M | -38.86M | -43.79M | -32.17M | -40.04M | -38.73M | -43.29M | -48.11M | -60.61M | -58.29M | -67.35M | -47.12M | -56.38M |
| Operating Margin % | 11.5% | 2.55% | -3.53% | 17.84% | -3.47% | -4.23% | -5.31% | -12.23% | -20.83% | -25.15% | -19.48% | -25.01% | -25.23% | -29.84% | -34.94% | -45.51% | -45.27% | -55.46% | -41.11% | -53.45% |
| Operating Income Growth % | 478.48% | 170.01% | 22.62% | 267.01% | 80.81% | 80.23% | 67.62% | 40.58% | -0.33% | -1.15% | 33.13% | 33.93% | 33.55% | 35.73% | -2.09% | -7.51% | 58.44% | -946% | -2647.76% | -1564.45% |
| EBITDA | 37.17M | 14.32M | -197K | 46.35M | -853K | -2.38M | -4.06M | -17.43M | -32.52M | -40.04M | -29.2M | -36.99M | -35.75M | -40.29M | -44.99M | -57.68M | -55.49M | -64.55M | -44.15M | -52.87M |
| EBITDA Margin % | 15.14% | 6.03% | -0.09% | 20.81% | -0.4% | -1.16% | -2.07% | -8.96% | -17.43% | -22.99% | -17.68% | -23.11% | -23.28% | -27.77% | -32.68% | -43.31% | -43.1% | -53.15% | -38.51% | -50.13% |
| EBITDA Growth % | 4457.09% | 703.07% | 95.14% | 365.91% | 97.38% | 94.07% | 86.11% | 52.89% | 9.02% | 0.61% | 35.1% | 35.86% | 35.58% | 37.58% | -1.91% | -9.09% | 59.46% | -1903.29% | -3071.13% | -12110.85% |
| D&A (Non-Cash Add-back) | 8.94M | 8.26M | 7.86M | 6.61M | 6.6M | 6.28M | 6.36M | 6.36M | 6.34M | 3.75M | 2.97M | 3.05M | 2.98M | 3M | 3.11M | 2.93M | 2.79M | 2.81M | 2.97M | 3.5M |
| EBIT | 32.55M | 1.86M | -6.63M | 46.89M | -52K | 3.89M | -10.01M | -14.13M | -24.93M | -30.54M | -19.37M | -40.04M | -38.73M | -43.29M | -48.11M | -60.61M | -58.29M | -67.35M | -47.12M | -56.38M |
| Net Interest Income | 0 | 0 | 7.02M | 7.16M | 8.78M | 10.15M | 11.29M | 11.63M | 12.39M | 13.78M | 13.91M | 13.13M | 12.24M | 11.25M | 9.27M | 7.25M | 4.61M | 2.11M | 806K | 572K |
| Interest Income | 0 | 0 | 7.02M | 7.16M | 8.78M | 10.15M | 11.29M | 11.63M | 12.39M | 13.78M | 13.91M | 13.13M | 12.24M | 11.25M | 9.27M | 7.25M | 4.61M | 2.11M | 806K | 572K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 4.32M | 4.2M | 1.43M | 7.16M | 7.41M | 12.55M | 12.97M | 7.8M | 13.93M | 13.25M | 12.79M | 14.71M | 10.99M | 11.22M | 9.48M | 9.97M | 2.25M | -242K | 602K | -125K |
| Pretax Income | 32.55M | 10.26M | -6.63M | 46.89M | -52K | 3.89M | 2.55M | -15.99M | -24.93M | -30.54M | -19.37M | -25.33M | -27.74M | -32.07M | -38.63M | -50.63M | -56.04M | -67.59M | -46.52M | -56.5M |
| Pretax Margin % | 13.26% | 4.32% | -2.9% | 21.05% | -0.02% | 1.9% | 1.3% | -8.22% | -13.36% | -17.54% | -11.73% | -15.82% | -18.07% | -22.11% | -28.05% | -38.02% | -43.52% | -55.66% | -40.58% | -53.56% |
| Income Tax | 14.25M | 7.03M | -1.82M | -144.56M | 4.63M | 5.63M | 3.86M | 5.91M | 5.02M | -10.36M | 3.95M | 2.75M | 3.29M | 3.58M | 4.04M | 4.84M | 1.8M | 2.16M | 2.54M | 18.24M |
| Effective Tax Rate % | 43.79% | 68.44% | 27.49% | -308.29% | -8900% | 144.69% | 151.08% | -36.96% | -20.15% | 33.91% | -20.41% | -10.88% | -11.86% | -11.18% | -10.45% | -9.56% | -3.22% | -3.19% | -5.45% | -32.28% |
| Net Income | 18.3M | 3.24M | -4.81M | 191.45M | -4.68M | -1.74M | -1.3M | -21.9M | -29.96M | -20.18M | -23.32M | -28.08M | -31.03M | -35.66M | -42.66M | -55.48M | -57.84M | -69.75M | -49.06M | -74.74M |
| Net Margin % | 7.45% | 1.36% | -2.1% | 85.95% | -2.18% | -0.85% | -0.66% | -11.26% | -16.06% | -11.59% | -14.12% | -17.54% | -20.21% | -24.58% | -30.99% | -41.66% | -44.92% | -57.44% | -42.8% | -70.85% |
| Net Income Growth % | 490.94% | 286.26% | -268.87% | 974.18% | 84.38% | 91.38% | 94.41% | 22.01% | 3.46% | 43.4% | 45.33% | 49.38% | 46.35% | 48.88% | 13.04% | 25.77% | 46.15% | -838.93% | -1931.43% | -4768.79% |
| Net Income (Continuing) | 18.3M | 3.24M | -4.81M | 191.45M | -4.68M | -1.74M | -1.3M | -21.9M | -29.96M | -20.18M | -23.32M | -28.08M | -31.03M | -35.66M | -42.66M | -55.48M | -57.84M | -69.75M | -49.06M | -74.74M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.07 | 0.01 | -0.02 | 0.67 | -0.02 | -0.01 | -0.00 | -0.07 | -0.10 | -0.07 | -0.08 | -0.09 | -0.11 | -0.12 | -0.15 | -0.19 | -0.20 | -0.24 | -0.18 | -0.28 |
| EPS Growth % | 526.83% | - | - | 1029.26% | 83.47% | 91.23% | 94.51% | 24.03% | 9.82% | 43.92% | 47.8% | 50.05% | 45% | 50% | 16.67% | 32.14% | 48.72% | -809.09% | - | - |
| EPS (Basic) | 0.07 | 0.01 | -0.02 | 0.68 | -0.02 | -0.01 | -0.00 | -0.07 | -0.10 | -0.07 | -0.08 | -0.09 | -0.11 | -0.12 | -0.15 | -0.19 | -0.20 | -0.24 | -0.18 | -0.28 |
| Diluted Shares Outstanding | 266.4M | 272.99M | 283.34M | 283.91M | 286.16M | 294.44M | 301.28M | 303.56M | 302.1M | 299.81M | 297.87M | 296M | 294.15M | 292M | 290.13M | 288.46M | 286.7M | 284.76M | 278.19M | 269.5M |
| Basic Shares Outstanding | 261.94M | 271.95M | 283.34M | 282.76M | 286.16M | 294.44M | 301.28M | 303.56M | 302.1M | 299.81M | 297.87M | 296M | 294.15M | 292M | 290.13M | 288.46M | 286.7M | 284.76M | 278.19M | 269.5M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |