← Freshworks Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $172.4m |
$249.7m
+44.83%
|
$371.0m
+48.61%
|
$498.0m
+34.22%
|
$596.4m
+19.77%
|
$720.4m
+20.79%
|
$838.8m
+16.43%
|
$903.9m
+7.76%
|
|
| Cost of revenue | $36.5m |
$52.5m
+43.96%
|
$78.0m
+48.65%
|
$95.8m
+22.74%
|
$103.4m
+7.93%
|
$113.3m
+9.64%
|
$126.1m
+11.31%
|
$135.9m
+7.74%
|
|
| Gross profit | $135.9m |
$197.2m
+45.07%
|
$293.0m
+48.60%
|
$402.2m
+37.28%
|
$493.1m
+22.58%
|
$607.1m
+23.13%
|
$712.7m
+17.39%
|
$768.0m
+7.76%
|
|
| Research and development | $38.6m | $69.2m | $120.4m | $135.5m | $137.8m | $164.6m | $163.2m | $176.3m | |
| Sales and marketing | $111.1m | $133.3m | $260.3m | $343.2m | $357.8m | $390.8m | $394.8m | — | |
| General and administrative | $15.9m | $50.8m | $117.0m | $156.8m | $167.7m | $180.6m | $141.1m | $125.2m | |
| Restructuring charges | — | — | — | $0 | $0 | $9.7m | $405k | — | |
| Total operating expenses | $165.6m | $253.3m | $497.8m | $635.6m | $663.2m | $745.7m | $699.5m | $730.6m | |
| Interest and other income, net | $2.2m | $2.8m | $23.3m | $12.6m | $46.4m | $47.8m | $40.1m | — | |
| Income (loss) before income taxes | ($27.5m) | ($53.3m) | ($181.5m) | ($220.8m) | ($123.8m) | ($90.8m) | $53.3m | — | |
| Total provision for income taxes | $3.6m | $4.0m | $10.5m | $11.3m | $13.7m | $4.5m | ($130.4m) | — | |
| Net income (loss) | ($31.1m) |
($57.3m)
-84.08%
|
($192.0m)
-235.10%
|
($232.1m)
-20.91%
|
($137.4m)
+40.79%
|
($95.4m)
+30.61%
|
$183.7m
+292.65%
|
$185.2m
+0.80%
|
|
| Net income (loss) per share - basic (in dollars per share) | ($8) | ($21) | ($22) | ($1) | ($0) | ($0) | $1 | $185.2m | |
| Basic (in shares) | $76.0m | $76.9m | $130.7m | $284.6m | $293.1m | $300.8m | $291.1m | $281.0m | |
| Diluted (in shares) | $76.0m | $76.9m | $130.7m | $284.6m | $293.1m | $300.8m | $293.8m | $283.7m | |
| Income (loss) from operations | ($29.7m) |
($56.1m)
-89.12%
|
($204.8m)
-264.95%
|
($233.4m)
-13.96%
|
($170.2m)
+27.08%
|
($138.6m)
+18.55%
|
$13.2m
+109.53%
|
$37.3m
+182.54%
|