Freshworks (FRSH) Financial Statements & Analysis

Freshworks (FRSH) Income Statement

Freshworks reported revenue of $838.81M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 16.4% from $720.42M a year earlier. Net income was $183.72M, a net margin of 21.9%. Gross margin was 85.0% and operating margin 1.6%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $237.38M, up 16.0% from the same quarter a year earlier.

Freshworks Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Freshworks Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	838.81	720.42	596.43	498.00	371.02	249.66	172.38	126.43	118.66
Cost of Revenue	126.15	113.33	103.37	95.77	78.03	52.49	36.46	20.42	25.96
Gross Profit	712.66	607.09	493.06	402.23	292.99	197.17	135.92	106.01	92.70
Operating Expenses
Research & Development	163.21	164.59	137.76	135.54	120.41	69.21	38.56	0.00	0.00
Selling, General & Administrative	535.85	571.45	525.48	500.06	377.37	184.07	127.03	49.73	33.87
Operating Expenses	699.46	745.70	663.24	635.60	497.77	253.28	165.59	65.97	37.01
Operating Income	13.21	-138.61	-170.17	-233.37	-204.78	-56.11	-29.67	11.27	-14.27
Other Income/Expense
Interest Income	40.08	51.70	45.90	10.96	2.45	4.21	1.28	0.00	0.00
Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	5.21	5.08
Other Income/Expense	40.08	47.77	46.40	12.58	23.30	2.83	2.18	-5.46	-5.28
Income
Income Before Tax	53.28	-90.84	-123.77	-220.79	-181.48	-53.28	-27.49	5.81	-19.55
Income Tax Expense	-130.44	4.53	13.67	11.34	10.52	4.02	3.64	1.48	-19.54
Net Income	183.72	-95.37	-137.44	-232.13	-192.00	-57.29	-31.13	4.32	-0.01
Net Income - Continuous Operations	183.72	-95.37	-137.44	-232.13	-192.00	-57.29	-31.13	4.32	-0.01
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	32.06	-109.53	-163.13	-225.06	-168.19	-44.94	-23.41	18.26	-4.02
EBIT	13.61	-126.85	-170.17	-233.37	-204.78	-	-	-	-
Depreciation & Amortization	25.86	19.42	7.04	8.31	13.29	11.17	6.26	7.24	10.45
Earnings Per Share
Basic EPS	1.00	-	-	-1.00	-10.00	-6.00	-1.00	-	-
Diluted EPS	1.00	-	-	-1.00	-10.00	-6.00	-1.00	-	-
Basic Shares Outstanding	291.08	300.84	293.09	284.59	275.47	252.90	46.89	17.00	16.87
Diluted Shares Outstanding	293.77	300.84	293.09	284.59	275.47	252.90	46.91	17.00	16.87

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Freshworks Financial Statements

What was Freshworks's revenue in fiscal 2025?

Freshworks reported revenue of $838.81M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 16.4% from $720.42M a year earlier.

Is Freshworks profitable?

Yes. Freshworks earned net income of $183.72M in fiscal 2025, a net margin of 21.9%. In fiscal 2024 it lost $95.37M.

What is Freshworks's operating margin?

Freshworks's operating income was $13.21M on revenue of $838.81M in fiscal 2025, an operating margin of 1.6%, compared with -19.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition