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| 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% |