Freshworks (FRSH) FCF Margin (2020 - 2026)
Freshworks' (FRSH) quarterly FCF Margin came in at 22.53% in Q2 2026, down 381.0% year-over-year from 8.02% in Q2 2025, and down 11.93% quarter-over-quarter from 25.58% in Q1 2026.
Analysis
Freshworks (FRSH) FCF Margin (2020 - 2026) Analysis & Trends
Freshworks has disclosed FCF Margin across 7 years of filings, most recently posting 22.53% for Q2 2026.
- In Q2 2026, FCF Margin fell 381.0% year-over-year to 22.53%; the TTM figure through Jun 2026 stood at 25.38% (up 151.0% YoY), while the FY2025 annual figure was 27.01%, up 599.0% from the prior year.
- FCF Margin came in at 22.53% for Q2 2026 at Freshworks, down from 25.58% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 28.12% in Q1 2025 to a low of 7.25% in Q2 2022.
- Average FCF Margin over 5 years is 15.85%, with a median of 19.23% recorded in 2024.
- Year-over-year, FCF Margin slumped 735 bps in 2022 and soared 1994 bps in 2023.
- Over 5 years, FCF Margin stood at 4.0% in 2022, then surged by 363 bps to 18.53% in 2023, then increased by 1 bps to 18.65% in 2024, then jumped by 41 bps to 26.25% in 2025, then declined by 14 bps to 22.53% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 22.53% in Q2 2026, 25.58% in Q1 2026, and 26.25% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Salesforce | 213.40 Bn | 201.99 Bn | 8.70 Bn | 9.68% |
| 2 | Hubspot | 12.30 Bn | 10.96 Bn | 750.86 Mn | 20.05% |
| 3 | Freshworks | 3.35 Bn | 2.68 Bn | 201.28 Mn | 22.53% |
| 4 | Intapp | 3.19 Bn | 3.03 Bn | 118.37 Mn | 29.10% |
| 5 | Blackbaud | 2.14 Bn | 1.30 Bn | 178.16 Mn | 26.75% |
| 6 | Sprinklr | 1.40 Bn | 1.17 Bn | 139.19 Mn | 6.31% |
| 7 | ZoomInfo Technologies | 1.21 Bn | 1.05 Bn | 256.80 Mn | 22.45% |
| 8 | Thryv Holdings | 92.39 Mn | 83.25 Mn | 94.56 Mn | 11.07% |
| 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 | 22.53% |
| Mar 31, 2026 | 25.58% |
| Dec 31, 2025 | 26.25% |
| Sep 30, 2025 | 27.43% |
| Jun 30, 2025 | 26.34% |
| Mar 31, 2025 | 28.12% |
| Dec 31, 2024 | 18.65% |
| Sep 30, 2024 | 22.12% |
| Jun 30, 2024 | 19.81% |
| Mar 31, 2024 | 23.87% |
| Dec 31, 2023 | 18.53% |
| Sep 30, 2023 | 14.55% |
| Jun 30, 2023 | 12.69% |
| Mar 31, 2023 | 6.88% |
| Dec 31, 2022 | 4.00% |
| Sep 30, 2022 | -4.76% |
| Jun 30, 2022 | -7.25% |
| Mar 31, 2022 | -0.04% |
| Dec 31, 2021 | 3.16% |
| Sep 30, 2021 | -3.43% |