Freshworks (FRSH) Gross Margin (2020 - 2026)

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

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

Freshworks has reported Gross Margin for 7 years, with the latest figure at 84.83% in Q1 2026.

  • Quarterly Gross Margin rose 5.0% year-over-year to 84.83% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 84.97% (up 58.0% YoY) and the FY2025 annual result came in at 84.96%, up 69.0% from the prior year.
  • Gross Margin eased to 84.83% in Q1 2026 per FRSH's latest filing, from 85.56% in the prior quarter.
  • Over five years, Gross Margin peaked at 85.56% in Q4 2025 and troughed at 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.
  • The sharpest annual moves came in 2022 and 2026: Gross Margin surged 424 bps in 2022, then climbed 5 bps in 2026.
  • Over 5 years, Gross Margin stood at 81.11% in 2022, then advanced by 2 bps to 83.13% in 2023, then advanced by 2 bps to 84.86% in 2024, then rose by 1 bps to 85.56% in 2025, then slipped by 1 bps to 84.83% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 84.83%, 85.56%, and 84.68% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 73.08%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 47.67%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 76.92%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 44.93%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 70.68%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 66.61%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 45.88%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 89.20%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 84.61%
10 Freshworks 3.33 Bn 2.66 Bn 201.28 Mn 84.79%

Historic Data

Download Data
DateValue
Jun 30, 2026 84.79%
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%