Freshworks (FRSH) Gross Margin (2020 - 2026)
Freshworks recorded quarterly Gross Margin of 84.83% in Q1 2026, down 0.85% quarter-over-quarter from 85.56% in Q4 2025, and up 5.0% year-over-year from 80.79% in Q1 2025.
Freshworks' Gross Margin history runs 7 years deep, the most recent figure standing at 84.83% for Q1 2026.
- In Q1 2026, Gross Margin rose 5.0% year-over-year to 84.83%; the TTM figure through Mar 2026 stood at 84.97% (up 58.0% YoY), while the FY2025 annual figure was 84.96%, up 69.0% from the prior year.
- Gross Margin came in at 84.83% for Q1 2026 at Freshworks, down 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 jumped 424 bps in 2022 and advanced 5 bps in 2026, its largest moves.
- Freshworks' Gross Margin stood at 81.11% in 2022, then gained by 2 bps to 83.13% in 2023, then gained by 2 bps to 84.86% in 2024, then increased by 1 bps to 85.56% in 2025, then decreased 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 | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | Freshworks | 2.57 Bn | 2.02 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% |
| Mar 31, 2021 | 79.29% |
| Dec 31, 2020 | 78.81% |
| Sep 30, 2020 | 80.11% |