Freshworks
FRSH
13.60
-0.16
-1.16%
Freshworks
US · FRSH
#2408 by market cap
Listed 2021
13.60
-0.16
-1.16%
Live - 5344 symbols - heartbeat 156s ago
· 2026-10-08 08:27
Pre-market
13.59
-0.07%
After-hours
13.40
-1.47%
Overnight
13.54
-0.44%
- Market cap
- 3.55B
- P/E (TTM)i
- 21.59
- P/Bi
- 3.96
- EPSi
- 0.63
- Div yieldi
- 0.00%
- 52W posi
- 90%
Reader sentiment
Are you bullish or bearish on FRSH?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.63, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 7 years
Latest year +16.43% YoY
Margins
- Gross margin
- 84.96%
- Operating margin
- 1.62%
- Net margin
- 21.90%
Key ratios & quality
- Altman Z-Scorei
- 1.63
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 172.38M | 249.66M | 371.02M | 498.00M | 596.43M | 720.42M | 838.81M |
| Gross profit | 135.92M | 197.17M | 292.99M | 402.23M | 493.06M | 607.09M | 712.66M |
| Selling & admin expenses | 127.03M | 184.07M | 377.37M | 500.06M | 525.48M | 571.45M | 535.85M |
| Research & development | 38.56M | 69.21M | 120.41M | 135.54M | 137.76M | 164.59M | 163.21M |
| Operating profit | -29.67M | -56.11M | -204.78M | -233.37M | -170.17M | -128.95M | 13.61M |
| Pretax profit | -27.49M | -53.28M | -181.48M | -220.79M | -123.77M | -90.84M | 53.28M |
| Tax | 3.64M | 4.02M | 10.52M | 11.34M | 13.67M | 4.53M | -130.44M |
| Net profit | -31.13M | -57.29M | -192.00M | -232.13M | -137.44M | -95.37M | 183.72M |
| Basic EPS | -2 | -6 | -22 | -1 | 0 | 0 | 1 |
| Diluted EPS | -2.47 | -6.40 | -21.73 | -0.82 | -0.47 | -0.32 | 0.63 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 196.27M | 204.68M | 215.12M | 222.74M | 228.63M | 237.38M |
| Gross profit | 166.40M | 173.54M | 182.16M | 190.57M | 193.95M | 201.28M |
| Selling & admin expenses | 136.41M | 142.25M | 148.16M | 109.03M | 152.74M | 144.37M |
| Research & development | 40.00M | 39.94M | 41.46M | 41.80M | 49.26M | 43.82M |
| Operating profit | -10.01M | -8.66M | -7.46M | 39.73M | -8.06M | 13.09M |
| Pretax profit | 2.55M | 3.89M | -52.00K | 46.89M | -6.63M | 10.26M |
| Tax | 3.86M | 5.63M | 4.63M | -144.56M | -1.82M | 7.03M |
| Net profit | -1.30M | -1.74M | -4.68M | 191.45M | -4.81M | 3.24M |
| Basic EPS | 0 | 0 | 0 | 1 | 0 | 0 |
| Diluted EPS | 0.00 | -0.01 | -0.02 | 0.67 | -0.02 | 0.01 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Total current assets | 276.50M | 312.40M | 1.42B | 1.28B | 1.36B | 1.27B | 1.10B |
| Cash & ST investments | 222.86M | 238.12M | 1.32B | 1.15B | 1.19B | 1.07B | 781.37M |
| Inventory | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 321.77M | 367.42M | 1.48B | 1.38B | 1.46B | 1.61B | 1.60B |
| Total current liabilities | 98.38M | 152.24M | 223.35M | 271.69M | 327.21M | 407.72M | 498.03M |
| Short-term debt | -- | -- | -- | 6.78M | 2.70M | 8.07M | 9.22M |
| Long-term debt | -- | -- | -- | -- | -- | -- | -- |
| Total liabilities | 1,444,489,000.00 | 3,064,165,000.00 | 244,773,000.00 | 328,398,000.00 | 384,510,000.00 | 473,963,000.00 | 570,062,000.00 |
| Total equity | -1.12B | -2.70B | 1.24B | 1.05B | 1.07B | 1.14B | 1.03B |
| Retained earnings | -1.12B | -2.70B | -3.27B | -3.50B | -3.64B | -3.74B | -3.55B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.20B | 1.14B | 1.02B | 1.10B | 1.01B | 901.91M |
| Cash & ST investments | 995.32M | 926.20M | 813.24M | 781.37M | 779.24M | 664.11M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 1.54B | 1.48B | 1.37B | 1.60B | 1.61B | 1.49B |
| Total current liabilities | 413.50M | 432.62M | 450.62M | 498.03M | 520.05M | 532.66M |
| Short-term debt | 9.26M | 9.21M | 8.25M | 9.22M | 9.39M | 9.03M |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 479,350,000.00 | 496,184,000.00 | 520,473,000.00 | 570,062,000.00 | 586,181,000.00 | 594,525,000.00 |
| Total equity | 1.06B | 984.64M | 851.49M | 1.03B | 1.02B | 895.94M |
| Retained earnings | -3.74B | -3.74B | -3.74B | -3.55B | -3.56B | -3.55B |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -8.16M | 32.53M | 11.46M | -2.53M | 86.18M | 160.65M | 242.37M |
| Depreciation & amortization | 6.26M | 11.17M | 13.29M | 11.50M | 12.14M | 19.42M | 25.86M |
| Free cash flow | -22.99M | 21.77M | 2.34M | -14.77M | 77.84M | 145.98M | 220.88M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 0 | 0 | 1.07B | 0 | 0 | -13.69M | -386.31M |
| Ending cash balance | 79.14M | 98.33M | 747.86M | 304.16M | 488.22M | 620.41M | 632.25M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 57.97M | 58.59M | 63.47M | 62.33M | 62.39M | 58.52M |
| Depreciation & amortization | 6.36M | 6.28M | 6.60M | 6.61M | 7.86M | 8.26M |
| Free cash flow | 53.91M | 53.54M | 57.21M | 56.23M | 55.11M | 52.01M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -113.61M | -113.59M | -159.11M | 0 | -48.37M | -159.04M |
| Ending cash balance | 594.34M | 486.07M | 421.04M | 632.25M | 549.33M | 495.82M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -- | -20.27 | -12.94 | -8.63 | 16.93 |
| ROA %i | -194.09 | -43.32 | -306.84 | -16.22 | -9.69 | -6.22 | 11.43 |
| ROIC %i | -- | -- | -- | -20.66 | -15.87 | -11.96 | 13.64 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -17.21 | -22.48 | -55.19 | -46.86 | -28.53 | -17.90 | 1.62 |
| FCF / sales %i | -- | 8.72 | 0.63 | -- | 13.05 | 20.26 | 26.33 |
| Current ratioi | 2.81 | 2.05 | 6.36 | 4.70 | 4.14 | 3.10 | 2.20 |
| Quick ratioi | 2.51 | 1.79 | 6.16 | 4.48 | 3.93 | 2.93 | 1.87 |
| Debt / assetsi | -- | -- | 0.00 | 2.53 | 2.02 | 2.38 | 2.65 |
| LT debt / equityi | -- | -- | -- | 2.68 | 2.50 | 2.66 | 3.22 |
| Interest coveragei | -- | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | 42.42 | 33.68 | 24.76 | 18.98 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | 52.92 | 296.44 | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -6.86 | -5.23 | -2.98 | 16.93 | 17.32 | 19.70 |
| ROA %i | -4.88 | -3.63 | -2.01 | 11.43 | 11.45 | 12.47 |
| ROIC %i | -10.16 | -8.38 | -6.09 | 13.64 | 14.81 | 17.14 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -14.21 | -9.16 | -4.97 | 1.62 | 1.79 | 4.13 |
| FCF / sales %i | 21.45 | 23.26 | 24.55 | 26.33 | 25.49 | 24.40 |
| Current ratioi | 2.89 | 2.63 | 2.27 | 2.20 | 1.94 | 1.69 |
| Quick ratioi | 2.68 | 2.41 | 2.07 | 1.87 | 1.74 | 1.51 |
| Debt / assetsi | 2.59 | 2.43 | 2.89 | 2.65 | 2.42 | 2.32 |
| LT debt / equityi | 2.88 | 2.72 | 3.69 | 3.22 | 2.88 | 2.85 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Subscription services, software licenses and maintenance is the largest reported line at 98.83% of revenue, across 2 reported segments.
- The next-largest line, Professional services, is a distant second at 1.17% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Subscription services, software licenses and maintenance98.83%
Professional services1.17%
Quote time 2026-10-08 08:27:35 · For reference only, not investment advice and not tailored to your situation.