Freshworks (FRSH) FCF Margin (2020 - 2026)
Freshworks' FCF Margin was 22.53% in Q2 2026, down 5.91 percentage points from 28.44% a year earlier and down 3.05 percentage points from the prior quarter.
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Analysis
Freshworks (FRSH) FCF Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Freshworks' FCF Margin was 25.86% through Jun 30, 2026, up 1.25 percentage points year-over-year; for FY2025, it came in at 28.22%, up 7.19 percentage points from FY2024.
- FCF Margin has now increased for three consecutive years, with a five-year change of +16.94 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 21.03% in FY2024 (+6.92 pp), 14.10% in FY2023 (+16.04 pp), -1.94% in FY2022 (-3.53 pp) and 1.59% in FY2021 (-9.69 pp).
- The Q2 2026 figure marks the lowest quarterly FCF Margin since Q4 2024.
- Compared with a year earlier, FCF Margin was higher in six of the last eight quarters, with an average year-over-year change of +3.26 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q2 2023 (a gain of 20.74 percentage points); the worst was Q4 2021 (a drop of 14.27 percentage points).
- Per Business Quant data, FRSH's FCF Margin in the three quarters before Q2 2026 was 25.58% (Q1 2026), 26.98% (Q4 2025) and 28.67% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 62.08% |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | -27.89% |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 33.09% |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 9.68% |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 11.86% |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 24.76% |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 29.95% |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | -4.83% |
| 10 | Freshworks | 3.29 Bn | 255.06 Mn | 201.28 Mn | 22.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.53% |
| Mar 31, 2026 | 25.58% |
| Dec 31, 2025 | 26.98% |
| Sep 30, 2025 | 28.67% |
| Jun 30, 2025 | 28.44% |
| Mar 31, 2025 | 28.88% |
| Dec 31, 2024 | 18.65% |
| Sep 30, 2024 | 22.12% |
| Jun 30, 2024 | 19.54% |
| Mar 31, 2024 | 24.15% |
| Dec 31, 2023 | 18.60% |
| Sep 30, 2023 | 15.39% |
| Jun 30, 2023 | 13.49% |
| Mar 31, 2023 | 8.08% |
| 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% |
API Access
Freshworks FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=FRSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "FRSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=FRSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();