Freshworks (FRSH) Gross Margin (2020 - 2026)

Freshworks (FRSH) reported Gross Margin of 84.83% for Q1 2026, up 5.0% on a YoY basis from 80.79% in Q1 2025, and down 0.85% sequentially from 85.56% in Q4 2025.

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

Freshworks (FRSH) has 7 years of Gross Margin data on file, last reported at 84.83% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 5.0% year-over-year to 84.83%; the trailing twelve-month figure through Mar 2026 stood at 84.97% (up 58.0% YoY), and the FY2025 full-year result was 84.96%, up 69.0% from the prior year.
  • Gross Margin eased to 84.83% in Q1 2026, from 85.56% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 85.56% in Q4 2025 to a low of 80.2% in Q2 2022.
  • A 5-year average of 83.25% and a median of 83.82% in 2024 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin soared 424 bps in 2022 and gained 5 bps in 2026, its largest moves.
  • Tracing FRSH's Gross Margin over 5 years: stood at 81.11% in 2022, then increased by 2 bps to 83.13% in 2023, then increased by 2 bps to 84.86% in 2024, then climbed by 1 bps to 85.56% in 2025, then fell by 1 bps to 84.83% in 2026.
  • Business Quant data shows FRSH's Gross Margin at 84.83% in Q1 2026, 85.56% in Q4 2025, and 84.68% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 72.98%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 48.77%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 45.03%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 76.92%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 70.68%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 48.28%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 66.61%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 95.85%
10 Freshworks 2.77 Bn 2.22 Bn 193.95 Mn 84.83%

Historic Data

Download Data
DateValue
Mar 31, 2026 84.83%
Dec 31, 2025 85.56%
Sep 30, 2025 84.68%
Jun 30, 2025 84.78%
Mar 31, 2025 84.78%
Dec 31, 2024 84.86%
Sep 30, 2024 84.02%
Jun 30, 2024 83.82%
Mar 31, 2024 84.32%
Dec 31, 2023 83.13%
Sep 30, 2023 82.90%
Jun 30, 2023 82.86%
Mar 31, 2023 81.67%
Dec 31, 2022 81.11%
Sep 30, 2022 81.22%
Jun 30, 2022 80.20%
Mar 31, 2022 80.46%
Dec 31, 2021 80.66%
Sep 30, 2021 76.98%
Jun 30, 2021 78.83%