Freshworks Inc.
FRSH· Nasdaq· Services-Prepackaged Software
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 28.2%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +27.4%
We record prices for the companies we cover; FRSH is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 293.8M
- Revenue
- $838.8M
- Free cash flow
- $236.7M
- Owner earnings
- $89.9M
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- 85.0%
- Operating
- 1.6%
- Net
- 21.9%
- Free cash flow
- 28.2%
- Owner earnings
- 10.7%
- Stock pay
- 17.5%
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- 17.8%
- ROE, 5 yr avg
- -8.2%
Growth (CAGR)
- Revenue, 3 yr
- 19.0%
- Revenue, 5 yr
- 27.4%
- Revenue, 6 yr
- 30.2%
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- –
- Diluted EPS, 6 yr
- –
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- 53.1%
- Free cash flow, 6 yr
- –
Financial health · FY2025
- Cash and investments
- $781.4M
- Total debt
- –
- Net cash
- –
- Debt/Equity
- –
- Debt/FCF
- –
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 30.7%
Financials: ten years from the 10-Ks
Revenue
$838.8M
+30.2% a year over 6 years
FY2019FY2025
Margins
Gross85.0%Operating1.6%Net21.9%
FY2025
FY2019FY2025
Free cash flow and owner earnings
Free cash flow$236.7MOwner earnings$89.9M
FY2025
FY2019FY2025
Diluted shares
293.8M
+286.4% over 6 years, net dilution
FY2019FY2025
Every figure, year by year
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| The business | |||||||
| Revenue | $172.4M | $249.7M | $371.0M | $498.0M | $596.4M | $720.4M | $838.8M |
| Revenue growth | – | 44.8% | 48.6% | 34.2% | 19.8% | 20.8% | 16.4% |
| Gross margin | 78.8% | 79.0% | 79.0% | 80.8% | 82.7% | 84.3% | 85.0% |
| Operating margin | -17.2% | -22.5% | -55.2% | -46.9% | -28.5% | -19.2% | 1.6% |
| Net income | -$31.1M | -$57.3M | -$192.0M | -$232.1M | -$137.4M | -$95.4M | $183.7M |
| Net margin | -18.1% | -22.9% | -51.7% | -46.6% | -23.0% | -13.2% | 21.9% |
| Diluted EPS | $-8.21 | $-21.03 | $-21.73 | $-0.82 | $-0.47 | $-0.32 | $0.63 |
| Return on invested capital? | – | – | – | – | – | – | – |
| Cash | |||||||
| Operating cash flow | -$8.2M | $32.5M | $11.5M | -$2.5M | $86.2M | $160.6M | $242.4M |
| Capital expenditure | $11.5M | $4.4M | $5.6M | $7.1M | $2.1M | $9.2M | $5.7M |
| Free cash flow | -$19.7M | $28.1M | $5.9M | -$9.7M | $84.1M | $151.5M | $236.7M |
| Stock-based compensation | $273.0K | $43.3M | $173.4M | $207.7M | $210.7M | $216.7M | $146.8M |
| Owner earnings? | -$19.9M | -$15.1M | -$167.5M | -$217.3M | -$126.6M | -$65.2M | $89.9M |
| Free cash flow per share | $-0.26 | $0.37 | $0.05 | $-0.03 | $0.29 | $0.50 | $0.81 |
| Capital allocation | |||||||
| Dividends paid | – | – | – | – | – | – | – |
| Share repurchases | – | – | – | $0 | $0 | $13.7M | $386.3M |
| Diluted shares | 76.0M | 76.9M | 130.7M | 284.6M | 293.1M | 300.8M | 293.8M |
| Share count change? | – | 1.2% | 69.8% | 117.8% | 3.0% | 2.6% | -2.4% |
| Balance sheet | |||||||
| Cash and equivalents | $75.0M | $95.4M | $747.9M | $304.1M | $488.1M | $620.3M | $569.8M |
| Short-term investments | – | $142.7M | $575.7M | $843.4M | $699.5M | $449.8M | $211.6M |
| Total debt | – | – | – | – | – | – | – |
| Net debt | – | – | – | – | – | – | – |
| Shareholders' equity | -$1.1B | -$2.7B | $1.2B | $1.1B | $1.1B | $1.1B | $1.0B |
Latest filings
| 2026-08-04 | 10-Q | Quarterly report |
| 2026-08-04 | 8-K | Earnings release |
| 2026-05-05 | 10-Q | Quarterly report |
| 2026-05-05 | 8-K | Earnings release |
| 2026-04-09 | DEF 14A | Proxy statement |
| 2026-02-26 | 10-K | Annual report |
| 2026-02-10 | 8-K | Earnings release |
| 2025-11-05 | 10-Q | Quarterly report |
| 2025-11-05 | 8-K | Earnings release |
| 2025-07-29 | 10-Q | Quarterly report |
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