Freshworks Inc. FRSH

12.54 (0.27) (2.11%) as of 25 Sep
Market cap
$3.3B
P/E
19.3×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 4.98
Total sells 1.54
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — 2 — — — 1 — — — — — —
Sell 1 1 2 1 — 1 — — 1 3 — 1
Insider Ownership 28.59%

Capital & Financial Ratios

Market Cap 3,340.00
Revenue 903.87
Net Income 185.20
Free Cash Flow 220.68
Net Debt (665.26)
Current Ratio 1.69
Debt/Equity 0.00
P/E ratio 19.29
P/S ratio 3.77
P/B ratio 3.81
Past 5Y EPS Growth 32.10%
This Y EPS Growth 1.35%
Next Y EPS Growth 24.01%
Next 5Y EPS Growth 14.17%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 1,188 1,070 844 665
Receivables 97 123 151 138
Inventory — — — —
Other — — — —
1,356 1,265 1,097 902
2023 2024 2025 Q'26
Payables 3 2 12 27
ST’ Debt — — — —
Other — — — —
327 408 498 533
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 27.43% 18.98%
Cash Flow — 49.43% 0.00%
Earnings — 0.00% 0.00%
Book Value — 39.09% (0.61%)

Revenue

Mar Jun Sep Dec Year
’26 229 237 — — —
’25 196 205 215 223 839
’24 165 174 187 195 720
’23 138 145 154 160 596
’22 115 121 129 133 498
’21 81 88 97 105 371
’20 — 56 66 73 250
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 62 59 — — —
’25 58 59 63 62 242
’24 41 36 42 41 161
’23 12 20 24 31 86
’22 1 (7) (4) 7 (3)
’21 8 1 (2) 5 11
’20 — 6 13 13 33
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 55 52 — — —
’25 54 54 57 56 221
’24 39 33 40 35 146
’23 9 18 22 29 78
’22 (1) (10) (7) 4 (15)
’21 5 (1) (4) 3 3
’20 — 0 10 12 22
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.02) 0.01 — — —
’25 0.00 (0.01) (0.02) 0.67 0.63
’24 (0.08) (0.07) (0.10) (0.07) (0.32)
’23 (0.15) (0.12) (0.11) (0.09) (0.47)
’22 (0.18) (0.24) (0.20) (0.19) (0.82)
’21 (0.01) (0.10) (24.72) (0.28) (21.73)
’20 — (0.37) 0.02 (5.14) (0.74)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 23.19 10.51 12.22 10.81 10.51

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 53.36 26.81 24.98 23.93 19.77
High Price
— — — — 4,300 4,600 5,400 4,900 4,400 4,500
Employees
— — — 0 0 0 0 0 0 0
Revenue/Emp
— — — 172 250 371 498 596 720 839
Revenue
— — — 78.85% 78.97% 78.97% 80.77% 82.67% 84.27% 84.96%
Gross Margin
— — — (27) (53) (181) (221) (124) (91) 53
EBT
— — — (15.95%) (21.34%) (48.91%) (44.34%) (20.75%) (12.61%) 6.35%
EBT Margin
— 0 — (31) (57) (192) (232) (137) (95) 184
Net Income
— — — 10 20 28 28 20 32 51
Depreciation
— — — 2.27 3.24 2.84 1.75 2.04 2.39 2.88
Revenue/Sh
— — — (0.41) (0.74) (21.73) (0.82) (0.47) (0.32) 0.63
Earnings/Sh
— — — (0.11) 0.42 0.09 (0.01) 0.29 0.53 0.83
Cash Flow/Sh
— — — (0.19) (0.14) (0.06) (0.04) (0.03) (0.05) (0.07)
Capex/Sh
— — — (0.30) 0.28 0.02 (0.05) 0.27 0.49 0.76
Free CF/Sh
— — — 2.79 2.58 9.48 3.70 3.66 3.78 3.55
Book Value/Sh
— — — 76 77 131 285 293 301 291
Shares
— — — 0.00 0.00 0.00 0.00 0.00 0.00 18.85
PE Ratio
— — — 12.00 12.00 9.25 8.47 10.85 6.75 4.25
PS Ratio
— — — 0.00 0.00 2.77 4.01 6.04 4.28 3.45
PB Ratio
— — — 11.22 11.22 5.68 6.17 8.86 5.27 3.25
EV/Sales
— — — 130.72 130.72 711.23 (210.00) 67.79 25.94 12.32
EV/FCF
— — — (8) 33 11 (3) 86 161 242
Op' Cash Flow
— — — (15) (11) (8) (12) (8) (14) (21)
Capex
— — — (23) 22 3 (15) 78 146 221
FCF
— — — 178 160 1,198 1,005 1,028 858 599
Working Cap'
— — — — — — 35 — — —
Total Debt
— — — (223) (238) (1,324) (1,147) (1,188) (1,070) (844)
Net Debt
— — — 212 198 1,238 1,052 1,072 1,138 1,033
Sh' Equity
— — — (388.19%) (469.48%) (306.84%) (16.22%) (9.69%) (6.22%) 11.43%
ROA
— — — 0.00% 0.00% 0.00% 0.00% 0.00% (127.67%) 4.37%
ROIC
— — — 32.70% 84.71% 389.20% (20.27%) (12.94%) (8.63%) 16.93%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Freshworks Inc. peers in Software Application

All 237 Software Application stocks →

Freshworks Inc. (FRSH) key facts

  • Freshworks Inc. (FRSH) is a Software Application company in the Technology sector, listed on Nasdaq.
  • Freshworks Inc.’s revenue for fiscal 2025 (year ended December 2025) was $838.8 million, up 16.4% from fiscal 2024.
  • As of September 25, 2026, FRSH traded at $12.54, a market capitalization of $3.3 billion.
  • Return on equity was 16.9% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Freshworks Inc. (FRSH) Latest News

News by impact score

Fine-tune

28 Aug

3

Freshworks Inc. (FRSH) reported Q2 2026 billed revenue of $13.6 million, a 23% year-over-year increase. Quarterly revenue growth report offers moderate insight into financial performance without signaling major strategic changes.

13 Aug

4

Freshworks CFO bets on AI and enterprise simplicity to drive growth during conference. CFO's AI and simplicity strategy signals major push affecting Freshworks competitive stance and growth prospects.

12 Aug

3

Freshworks has turned profitable but Wall Street remains skeptical about the durability of earnings and growth outlook. Profitability milestone at Freshworks faces ongoing Wall Street skepticism that may moderate near-term stock gains.

3

Freshworks held its Q2 earnings call, during which analysts posed five key questions on performance, strategy and outlook. Analyst questions during the earnings call highlight operational and growth concerns that may moderately shape near-term investor sentiment and strategy adjustments.

11 Aug

3 transcript

Freshworks Inc. held its Q2 2026 earnings call, covering quarterly financial results, operational updates, and forward-looking guidance. Earnings calls deliver financial metrics and guidance that can shift near-term stock sentiment and valuation without guaranteeing major strategic shifts.

6 Aug

3

Freshworks achieves FedRAMP "In Process" designation for Freshservice, advancing AI-powered service operations for the public sector. FedRAMP in-process status positions Freshservice for potential public sector contracts but remains preliminary without full authorization.

5 Aug

4

Freshworks raised its 2026 outlook on AI demand and turned GAAP profitable, lifting shares 7.7%. Raising 2026 outlook on AI demand plus GAAP profitability marks a major positive shift in financial trajectory and growth prospects.

4 transcript

Freshworks Inc (FRSH) highlighted AI monetization strategies and EX growth during its Q2 2026 earnings call as key drivers. AI monetization and EX growth represent major strategic initiatives that can significantly boost revenue and competitive positioning.

3

Freshworks Inc. Q2 earnings call highlighted EX growth and progress in AI monetization. Q2 earnings highlight EX growth and AI monetization with moderate effects on trajectory.

3

Freshworks Inc. (FRSH) appoints Ryan Manning to unify product and technology operations. Executive appointment to unify product and technology may moderately influence operational efficiency and innovation trajectory.

4 Aug

4

Freshworks Inc. reported record results for the second quarter of 2026. Record quarterly results signal strong financial performance likely to boost investor confidence and stock value.

3

Freshworks Q2 earnings call highlighted revenue growth, ARR expansion, customer additions and positive forward guidance on operations and market strategy. Quarterly earnings data and guidance can move near-term sentiment and valuation but rarely reset long-term competitive position.

3

Freshworks Inc. (FRSH) surpassed Q2 earnings and revenue estimates. Quarterly earnings beat provides moderate short-term boost to stock sentiment without shifting long-term trajectory.

3

Freshworks exceeded Q2 CY2026 earnings expectations. Quarterly earnings beat provides moderate positive signal for near-term financial performance and sentiment.

3 Aug

3

Freshworks (FRSH) is scheduled to report earnings tomorrow. Earnings release directly shapes near-term stock movement and sentiment around Freshworks financial results.

31 Jul

3

Freshworks Inc. prepares to report Q2 earnings with focus on expected revenue, subscription growth, and profitability metrics. Q2 earnings release may shift near-term stock price and sentiment based on reported results.

29 Jul

3

Freshworks Inc. (FRSH) named a Leader in the 2026 Gartner Magic Quadrant for IT Service Management Platforms. Leader placement in Gartner Magic Quadrant improves Freshworks credibility and competitive standing in IT service management.

15 Jul

3

TEAM's service collections have exceeded $1 billion, raising questions on whether growth will accelerate for Freshworks Inc. (FRSH). Reaching $1 billion in collections points to possible acceleration in company growth and market positioning.

18 Jun

3

Freshworks reported Q1 earnings. The release has triggered analysis weighing whether investors should buy, sell or hold FRSH shares based on the results and outlook. Q1 earnings and subsequent buy/sell/hold discussion can shift near-term sentiment and trading around Freshworks but are unlikely to alter long-term trajectory.

13 Jun

4

Freshworks shifts to cash-generative SaaS model under new CEO, prompting updated stock valuation analysis. CEO-led move to cash-generative SaaS represents major strategic change with potential to alter financial trajectory and investor sentiment.

2 Jun

4

Freshworks launches AI Agent Studio, testing valuation gap and growth hopes for FRSH. AI Agent Studio launch marks major product innovation likely to shift competitive positioning and investor views.

1 Jun

4

Freshworks Inc. (FRSH) launches AI Agent Studio for Freshservice. AI Agent Studio launch marks major product innovation strengthening Freshservice competitiveness and growth outlook.

26 May

3

Freshworks Inc. (FRSH) receives Strong Buy rating upgrade from analysts, pointing to improved stock outlook and potential positive performance. Analyst upgrade to Strong Buy can moderately lift short-term investor sentiment and share price without altering company fundamentals.

17 May

4

Freshworks advances AI-driven employee experience tools as Freshservice gains momentum during company conference. AI enhancements and Freshservice acceleration represent major product innovation likely to shift competitive positioning and investor views.

4

Freshworks pivots strategy to EX growth and raises 2028 revenue target above $1.3B. Raising 2028 revenue target above $1.3B signals major strategic shift likely to alter long-term trajectory and investor outlook.

16 May

3

Freshworks launches Freddy Studio to advance AI tools but the move spotlights ongoing gaps between its valuation and growth metrics. AI product launch signals incremental innovation yet valuation scrutiny limits broader trajectory shifts.

15 May

4

Freshworks Inc. (FRSH) released a crucial platform update, driving a 6.4% stock climb. Crucial platform update signals major product advancement likely to shift competitive positioning and investor sentiment.

14 May

4

Freshworks unveils AI Agent Studio in Freshservice to unlock service transformation that drives compounding business growth. Unveiling AI Agent Studio in Freshservice marks a significant product launch enhancing AI-driven service management and competitive positioning.

3

Freshworks Q1 earnings call featured five insightful analyst questions probing SaaS metrics, customer expansion, AI integrations, competitive pressures, and macroeconomic resilience amid strong revenue growth. Analyst questions spotlight operational challenges and growth drivers with moderate potential to sway investor sentiment and near-term stock performance.

13 May

3

Freshworks (FRSH) is well positioned for a potential stock surge due to strong fundamentals, growth prospects, and market tailwinds. Bullish positioning highlights moderate potential to boost investor sentiment and near-term performance without transformative changes.

stockrow.com/FRSH · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com