Growth & profitability
- Revenue has grown 27.4% per year over the past 5 years.
- Operating margin has expanded, at 1.6% in the latest year.
- Free cash flow has grown 53.1% per year over the past 5 years.
FRSH Financials Freshworks Inc.
7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $839M | $184M | 85.0% | 1.6% | $237M | — | $570M |
| 2024 | $720M | -$95M | 84.3% | -19.2% | $151M | — | $620M |
| 2023 | $596M | -$137M | 82.7% | -28.5% | $84M | — | $488M |
| 2022 | $498M | -$232M | 80.8% | -46.9% | -$10M | — | $304M |
| 2021 | $371M | -$192M | 79.0% | -55.2% | $6M | — | $748M |
| 2020 | $250M | -$57M | 79.0% | -22.5% | $28M | — | $95M |
| 2019 | $172M | -$31M | 78.8% | -17.2% | -$20M | — | $75M |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $229M | -$5M | 84.8% | -3.5% | $58M | — | $548M |
| Dec '25 | $223M | $191M | 85.6% | 17.8% | $60M | — | $570M |
| Sep '25 | $215M | -$5M | 84.7% | -3.5% | $62M | — | $421M |
| Jun '25 | $205M | -$2M | 84.8% | -4.2% | $58M | — | $486M |
| Mar '25 | $196M | -$1M | 84.8% | -5.3% | $57M | — | $594M |
| Dec '24 | $195M | -$22M | 84.9% | -12.2% | $36M | — | $620M |
| Sep '24 | $187M | -$30M | 84.0% | -20.8% | $41M | — | $391M |
| Jun '24 | $174M | -$20M | 83.8% | -25.1% | $34M | — | $310M |
| Mar '24 | $165M | -$23M | 84.3% | -19.5% | $40M | — | $468M |
| Dec '23 | $160M | -$28M | 83.1% | -25.0% | $30M | — | $488M |
| Sep '23 | $154M | -$31M | 82.9% | -25.2% | $24M | — | $458M |
| Jun '23 | $145M | -$36M | 82.9% | -29.8% | $20M | — | $356M |
| Mar '23 | $138M | -$43M | 81.7% | -34.9% | $11M | — | $344M |
| Dec '22 | $133M | -$55M | 81.1% | -45.5% | $5M | — | $304M |
| Sep '22 | $129M | -$58M | 81.2% | -45.3% | -$6M | — | $432M |
| Jun '22 | $121M | -$70M | 80.2% | -55.5% | -$9M | — | $590M |
| Mar '22 | $115M | -$49M | 80.5% | -41.1% | -$42000 | — | $603M |
| Dec '21 | $105M | -$75M | 80.7% | -53.4% | $3M | — | $748M |
| Sep '21 | $97M | -$107M | 77.0% | -145.2% | -$3M | — | $1.2B |
| Jun '21 | $88M | -$7M | 78.8% | -7.3% | $86000 | — | $105M |
Valuation over time
How the market has priced FRSH against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 18.9× (Dec '25) to 14.1× (Jun '26).
- The price-to-sales ratio has fallen from 8.7× (Mar '23) to 3.1× (Jun '26).
P/E
P/S
Frequently asked questions
Is FRSH growing its revenue and profit?
Over the past 5 years, Freshworks Inc.'s revenue has grown 27.4% per year. These are computed facts, not advice.
How much debt does FRSH have?
As of FY2025, Freshworks Inc. reported — of total debt against $570M of cash.
What is FRSH's profit margin?
In FY2025, gross margin was 85.0%, operating margin 1.6%, and net margin 21.9%.
What is FRSH's P/E ratio?
As of Jun '26, Freshworks Inc. traded at a price-to-earnings ratio of about 14.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.