Freshworks (FRSH) Cost of Revenue (2020 - 2026)
Freshworks' (FRSH) quarterly Cost of Revenue came in at $36.1 million in Q2 2026, up 15.91% year-over-year from $31.1 million in Q2 2025, and up 4.06% quarter-over-quarter from $34.7 million in Q1 2026.
Analysis
Freshworks (FRSH) Cost of Revenue (2020 - 2026) Analysis & Trends
Freshworks has disclosed Cost of Revenue across 7 years of filings, most recently posting $36.1 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 15.91% year-over-year to $36.1 million; the TTM figure through Jun 2026 stood at $135.9 million (up 12.99% YoY), while the FY2025 annual figure was $126.1 million, up 11.31% from the prior year.
- Cost of Revenue came in at $36.1 million for Q2 2026 at Freshworks, up from $34.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $36.1 million in Q2 2026 to a low of $22.4 million in Q1 2022.
- Average Cost of Revenue over 5 years is $28.3 million, with a median of $27.6 million recorded in 2023.
- Year-over-year, Cost of Revenue soared 34.16% in 2022 and grew 2.59% in 2024.
- Over 5 years, Cost of Revenue stood at $25.2 million in 2022, then increased by 7.37% to $27.0 million in 2023, then grew by 9.07% to $29.5 million in 2024, then rose by 9.2% to $32.2 million in 2025, then advanced by 12.2% to $36.1 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $36.1 million in Q2 2026, $34.7 million in Q1 2026, and $32.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Salesforce | 213.40 Bn | 201.99 Bn | 8.70 Bn | 2.65 Bn |
| 2 | Hubspot | 12.30 Bn | 10.96 Bn | 750.86 Mn | 160.88 Mn |
| 3 | Freshworks | 3.35 Bn | 2.68 Bn | 201.28 Mn | 36.10 Mn |
| 4 | Intapp | 3.19 Bn | 3.03 Bn | 118.37 Mn | 34.16 Mn |
| 5 | Blackbaud | 2.14 Bn | 1.30 Bn | 178.16 Mn | 112.43 Mn |
| 6 | Sprinklr | 1.40 Bn | 1.17 Bn | 139.19 Mn | 74.55 Mn |
| 7 | ZoomInfo Technologies | 1.21 Bn | 1.05 Bn | 256.80 Mn | 46.80 Mn |
| 8 | Thryv Holdings | 92.39 Mn | 83.25 Mn | 94.56 Mn | 56.17 Mn |
| 9 | Helport AI | 24.20 Mn | 23.92 Mn | - | - |
| 10 | Youxin Technology | 3.56 Mn | -263,824.72 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.10 Mn |
| Mar 31, 2026 | 34.69 Mn |
| Dec 31, 2025 | 32.17 Mn |
| Sep 30, 2025 | 32.96 Mn |
| Jun 30, 2025 | 31.14 Mn |
| Mar 31, 2025 | 29.88 Mn |
| Dec 31, 2024 | 29.46 Mn |
| Sep 30, 2024 | 29.81 Mn |
| Jun 30, 2024 | 28.18 Mn |
| Mar 31, 2024 | 25.89 Mn |
| Dec 31, 2023 | 27.01 Mn |
| Sep 30, 2023 | 26.26 Mn |
| Jun 30, 2023 | 24.86 Mn |
| Mar 31, 2023 | 25.24 Mn |
| Dec 31, 2022 | 25.16 Mn |
| Sep 30, 2022 | 24.18 Mn |
| Jun 30, 2022 | 24.04 Mn |
| Mar 31, 2022 | 22.40 Mn |
| Dec 31, 2021 | 20.40 Mn |
| Sep 30, 2021 | 22.24 Mn |