Freshworks (FRSH) Cost of Revenue (2020 - 2026)
Freshworks (FRSH) reported Cost of Revenue of $34.7 million for Q1 2026, up 16.1% on a YoY basis from $29.9 million in Q1 2025, and up 7.83% sequentially from $32.2 million in Q4 2025.
Freshworks (FRSH) Cost of Revenue (2020 - 2026) Analysis & Trends
Freshworks (FRSH) has 7 years of Cost of Revenue data on file, last reported at $34.7 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 16.1% year-over-year to $34.7 million; the trailing twelve-month figure through Mar 2026 stood at $131.0 million (up 11.62% YoY), and the FY2025 full-year result was $126.1 million, up 11.31% from the prior year.
- Cost of Revenue rose to $34.7 million in Q1 2026, from $32.2 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $34.7 million in Q1 2026 to a low of $22.4 million in Q1 2022.
- A 5-year average of $27.8 million and a median of $27.0 million in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue surged 34.16% in 2022 and climbed 2.59% in 2024, its largest moves.
- Tracing FRSH's Cost of Revenue over 5 years: stood at $25.2 million in 2022, then grew by 7.37% to $27.0 million in 2023, then climbed by 9.07% to $29.5 million in 2024, then increased by 9.2% to $32.2 million in 2025, then grew by 7.83% to $34.7 million in 2026.
- Business Quant data shows FRSH's Cost of Revenue at $34.7 million in Q1 2026, $32.2 million in Q4 2025, and $33.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | Freshworks | 3.05 Bn | 2.51 Bn | 193.95 Mn | 34.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.69 Mn |
| Mar 31, 2026 | 34.69 Mn |
| Dec 31, 2025 | 32.17 Mn |
| Dec 31, 2025 | 32.17 Mn |
| Sep 30, 2025 | 32.96 Mn |
| Sep 30, 2025 | 32.96 Mn |
| Jun 30, 2025 | 31.14 Mn |
| Jun 30, 2025 | 31.14 Mn |
| Mar 31, 2025 | 29.88 Mn |
| Mar 31, 2025 | 29.88 Mn |
| Dec 31, 2024 | 29.46 Mn |
| Dec 31, 2024 | 29.46 Mn |
| Sep 30, 2024 | 29.81 Mn |
| Sep 30, 2024 | 29.81 Mn |
| Jun 30, 2024 | 28.18 Mn |
| Jun 30, 2024 | 28.18 Mn |
| Mar 31, 2024 | 25.89 Mn |
| Mar 31, 2024 | 25.89 Mn |
| Dec 31, 2023 | 27.01 Mn |
| Dec 31, 2023 | 27.01 Mn |