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
DateValue
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