Freshworks (FRSH) Gross Margin (2020 - 2026)
Freshworks' (FRSH) quarterly Gross Margin came in at 84.79% in Q2 2026, up 1.0% year-over-year from 83.95% in Q2 2025, and little changed quarter-over-quarter from 84.83% in Q1 2026.
Analysis
Freshworks (FRSH) Gross Margin (2020 - 2026) Analysis & Trends
Freshworks has disclosed Gross Margin across 7 years of filings, most recently posting 84.79% for Q2 2026.
- In Q2 2026, Gross Margin rose 1.0% year-over-year to 84.79%; the TTM figure through Jun 2026 stood at 84.96% (up 34.0% YoY), while the FY2025 annual figure was 84.96%, up 69.0% from the prior year.
- Gross Margin came in at 84.79% for Q2 2026 at Freshworks, roughly flat from 84.83% 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.
- Average Gross Margin over 5 years is 83.33%, with a median of 83.92% recorded in 2024.
- Year-over-year, Gross Margin jumped 424 bps in 2022 and increased 1 bps in 2026.
- Over 5 years, Gross Margin stood at 81.11% in 2022, then rose by 2 bps to 83.13% in 2023, then rose by 2 bps to 84.86% in 2024, then grew by 1 bps to 85.56% in 2025, then decreased by 1 bps to 84.79% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 84.79% in Q2 2026, 84.83% in Q1 2026, and 85.56% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Salesforce | 213.40 Bn | 201.99 Bn | 8.70 Bn | 76.65% |
| 2 | Hubspot | 12.30 Bn | 10.96 Bn | 750.86 Mn | 82.35% |
| 3 | Freshworks | 3.35 Bn | 2.68 Bn | 201.28 Mn | 84.79% |
| 4 | Intapp | 3.19 Bn | 3.03 Bn | 118.37 Mn | 77.60% |
| 5 | Blackbaud | 2.14 Bn | 1.30 Bn | 178.16 Mn | 61.31% |
| 6 | Sprinklr | 1.40 Bn | 1.17 Bn | 139.19 Mn | 65.12% |
| 7 | ZoomInfo Technologies | 1.21 Bn | 1.05 Bn | 256.80 Mn | 82.73% |
| 8 | Thryv Holdings | 92.39 Mn | 83.25 Mn | 94.56 Mn | 62.74% |
| 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 | 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% |