Freshworks (FRSH) FCF Margin (2020 - 2026)
Freshworks recorded quarterly FCF Margin of 26.52% in Q1 2026, down 1.71% quarter-over-quarter from 26.98% in Q4 2025, and down 296.0% year-over-year from 13.53% in Q1 2025.
Freshworks' FCF Margin history runs 7 years deep, the most recent figure standing at 26.52% for Q1 2026.
- In Q1 2026, FCF Margin fell 296.0% year-over-year to 26.52%; the TTM figure through Mar 2026 stood at 27.49% (up 488.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 15.96% and a median of 20.18% in 2024 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin plunged 845 bps in 2022 and soared 1932 bps in 2023, its largest moves.
- Freshworks' FCF Margin stood at 4.0% in 2022, then surged by 429 bps to 21.16% in 2023, then fell by 13 bps to 18.38% in 2024, then soared by 47 bps to 26.98% in 2025, then fell by 2 bps to 26.52% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 26.52%, 26.98%, and 28.67% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 36.77% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 47.52% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 15.02% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 41.64% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 20.82% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 45.65% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 36.83% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 61.18% |
| 10 | Freshworks | 2.57 Bn | 2.02 Bn | 193.95 Mn | 26.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | 8.46% |
| Dec 31, 2020 | 17.43% |