Saturday 17 October 2026 Export FRSH’s income statement to Excel — free account

Freshworks Inc.

Freshworks Inc.’s revenue for fiscal 2025 (year ended December 2025) was $838.8 million, up 16.4% from fiscal 2024. In the quarter to June 2026, revenue grew 16.0%, EPS grew 269.5% and free cash flow fell 2.84%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

13.74 0.51 −3.58%

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Market cap: $3.7B
P/E: 21.1×
Fwd P/E: 151×
Dividend yield: —
F-score: 8/9
Altman Z: 1.65
Beneish M: −2.32
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 4.98

Total sells 1.57

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	2	—	—	—	1	—	—	—	—	—	—	—
Sell	1	2	1	—	1	—	—	1	3	—	1	1

Insider Ownership 28.67%

Capital & Financial Ratios $m

Market Cap 3,720.00

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 21.14

Fwd P/E 151.00

P/S ratio 4.13

P/B ratio 4.17

Past 5Y EPS Growth —

This Y EPS Growth 1.35%

Next Y EPS Growth 24.01%

Next Y revenue growth 15.04%

Next 5Y EPS Growth 14.17%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 17.28%

10-year low 10-year high

P/B against its own 10 years 65.43%

10-year low 10-year high

EV/Sales against its own 10 years 21.92%

10-year low 10-year high

EV/FCF against its own 10 years 25.83%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	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

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 $m

	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

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	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

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	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

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.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	23.19	10.51	12.22	10.81	10.51	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	53.36	26.81	24.98	23.93	19.77
People
People	Employees	—	—	—	—	4,300	4,600	5,400	4,900	4,400	4,500
	Revenue/emp, $m	—	—	—	0.00	0.06	0.08	0.09	0.12	0.16	0.19
Income, $m
Income, $m	Revenue	—	—	—	172	250	371	498	596	720	839
	Gross margin, %	—	—	—	78.85	78.97	78.97	80.77	82.67	84.27	84.96
	EBT	—	—	—	(27)	(53)	(181)	(221)	(124)	(91)	53
	EBT margin, %	—	—	—	(15.95)	(21.34)	(48.91)	(44.34)	(20.75)	(12.61)	6.35
	Net income	—	0	—	(31)	(57)	(192)	(232)	(137)	(95)	184
	Depreciation	—	—	—	10	20	28	28	20	32	51
Per share, $
Per share, $	Revenue	—	—	—	2.27	3.24	2.84	1.75	2.04	2.39	2.88
	Earnings	—	—	—	(0.41)	(0.74)	(21.73)	(0.82)	(0.47)	(0.32)	0.63
	Cash flow	—	—	—	(0.11)	0.42	0.09	(0.01)	0.29	0.53	0.83
	Capex	—	—	—	(0.19)	(0.14)	(0.06)	(0.04)	(0.03)	(0.05)	(0.07)
	Free cash flow	—	—	—	(0.30)	0.28	0.02	(0.05)	0.27	0.49	0.76
	Book value	—	—	—	2.79	2.58	9.48	3.70	3.66	3.78	3.55
	Shares, m	—	—	—	76	77	131	285	293	301	291
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	18.85
	P/S	—	—	—	12.00	12.00	9.25	8.47	10.85	6.75	4.25
	P/B	—	—	—	0.00	0.00	2.77	4.01	6.04	4.28	3.45
	EV/Sales	—	—	—	11.22	11.22	5.68	6.17	8.86	5.27	3.25
	EV/FCF	—	—	—	130.72	130.72	711.23	(210.00)	67.79	25.94	12.32
Cash, $m
Cash, $m	Operating cash flow	—	—	—	(8)	33	11	(3)	86	161	242
	Capex	—	—	—	(15)	(11)	(8)	(12)	(8)	(14)	(21)
	Free cash flow	—	—	—	(23)	22	3	(15)	78	146	221
Balance, $m
Balance, $m	Working capital	—	—	—	178	160	1,198	1,005	1,028	858	599
	Total debt	—	—	—	—	—	—	35	—	—	—
	Net debt	—	—	—	(223)	(238)	(1,324)	(1,147)	(1,188)	(1,070)	(844)
	Shareholders’ equity	—	—	—	212	198	1,238	1,052	1,072	1,138	1,033
Returns, %
Returns, %	ROA	—	—	—	(388.19)	(469.48)	(306.84)	(16.22)	(9.69)	(6.22)	11.43
	ROIC	—	—	—	0.00	0.00	0.00	0.00	0.00	(127.67)	4.37
	ROE	—	—	—	32.70	84.71	389.20	(20.27)	(12.94)	(8.63)	16.93

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
BILL BILL Holdings, Inc.	$4.0B	— (loss-making)	36.0×	+13.78% (above 0%: growing)	n/m	+40.99% (above 0%: growing)	81.66%	(7.85%)	Compare
FSLY Fastly, Inc.	$4.0B	— (loss-making)	— (loss-making)	+23.27% (above 0%: growing)	n/m	−68.79% (below 0%: shrinking)	63.25%	(7.87%)	Compare
MNDY monday.com Ltd.	$4.0B	37.8×	63.3×	+21.94% (above 0%: growing)	+166.67% (above 0%: growing)	−15.94% (below 0%: shrinking)	88.30%	(0.42%)	Compare
QTWO Q2 Holdings, Inc.	$3.9B	41.8×	28.5×	+12.61% (above 0%: growing)	+152.63% (above 0%: growing)	+22.28% (above 0%: growing)	59.25%	13.35%	Compare
SRAD Sportradar Group AG	$3.8B	130×	47.0×	+21.77% (above 0%: growing)	n/m	+10.16% (above 0%: growing)	85.63%	7.12%	Compare
FRSH Freshworks Inc.	$3.7B	21.1×	151×	+15.98% (above 0%: growing)	n/m	−2.84% (below 0%: shrinking)	84.79%	2.55%
BRZE Braze, Inc.	$3.5B	— (loss-making)	— (loss-making)	+26.16% (above 0%: growing)	n/m	+515.45% (above 0%: growing)	66.83%	(7.98%)	Compare
LIF Life360, Inc.	$3.4B	22.0×	32.6×	+37.77% (above 0%: growing)	−33.33% (below 0%: shrinking)	+115.99% (above 0%: growing)	79.83%	(0.04%)	Compare
BULL Webull Corporation	$3.4B	60.7×	—	+51.21% (above 0%: growing)	n/m	−454,633.33% (below 0%: shrinking)	77.70%	22.86%	Compare
Median of peers	$3.8B	41.8×	36.0×	+22.61%	+152.63%	+16.22%	78.77%	(0.23%)

All 237 Software Application stocks →

Freshworks Inc. (FRSH) key facts

Strength: Freshworks Inc.’s revenue for fiscal 2025 (year ended December 2025) was $838.8 million, up 16.4% from fiscal 2024.
Freshworks Inc. (FRSH) is a Software Application company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, FRSH traded at $13.74, a market capitalization of $3.7 billion.
Return on equity was 16.9% and debt-to-equity 0.00.
Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 1.65 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.