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| Date | Value |
|---|---|
| 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% |