Freshworks (FRSH) FCF Margin (2020 - 2026)

Freshworks' (FRSH) quarterly FCF Margin came in at 26.52% in Q1 2026, down 296.0% year-on-year from 13.53% in Q1 2025, and down 1.71% quarter-over-quarter from 26.98% in Q4 2025.

Freshworks (FRSH) FCF Margin (2020 - 2026) Analysis & Trends

Freshworks has disclosed FCF Margin across 7 years of filings, most recently posting 26.52% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 26.52%, down 296.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.49% (up 488.0% YoY), and the FY2025 annual result was 28.22%, up 719.0% from the prior year.
  • FCF Margin came in at 26.52% for Q1 2026 at Freshworks, down from 26.98% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 29.48% in Q1 2025 to a low of 7.3% in Q2 2022.
  • The 5-year median for FCF Margin is 20.18% (2024), against an average of 15.96%.
  • Across the five-year window, FCF Margin sank 845 bps in 2022 and surged 1932 bps in 2023, its largest moves.
  • Freshworks' FCF Margin stood at 4.0% in 2022, then jumped by 429 bps to 21.16% in 2023, then declined by 13 bps to 18.38% in 2024, then surged by 47 bps to 26.98% in 2025, then declined by 2 bps to 26.52% in 2026.
  • The last three FCF Margin figures came in at 26.52% (Q1 2026), 26.98% (Q4 2025), and 28.67% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 36.77%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 17.31%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 15.02%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 58.89%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 20.82%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 41.64%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 36.83%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 31.84%
10 Freshworks 2.69 Bn 2.14 Bn 193.95 Mn 26.52%

Historic Data

Download Data
DateValue
Mar 31, 2026 26.52%
Dec 31, 2025 26.98%
Sep 30, 2025 28.67%
Jun 30, 2025 27.86%
Mar 31, 2025 29.48%
Dec 31, 2024 18.38%
Sep 30, 2024 22.06%
Jun 30, 2024 20.18%
Mar 31, 2024 23.87%
Dec 31, 2023 21.16%
Sep 30, 2023 14.55%
Jun 30, 2023 11.56%
Mar 31, 2023 8.08%
Dec 31, 2022 4.00%
Sep 30, 2022 -4.76%
Jun 30, 2022 -7.30%
Mar 31, 2022 0.01%
Dec 31, 2021 5.07%
Sep 30, 2021 -3.43%
Jun 30, 2021 -1.07%