Freshworks (FRSH) Gross Margin (2020 - 2026)
Freshworks (FRSH) recorded Gross Margin of 84.79% in Q2 2026, up 0.01 percentage points from 84.78% a year earlier but down 0.03 percentage points from the prior quarter.
Freshworks (FRSH) Gross Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Freshworks' Gross Margin came in at 84.96% as of Jun 30, 2026, up 0.34 percentage points year-over-year; for FY2025, it came in at 84.96%, up 0.69 percentage points from FY2024.
- Annual Gross Margin has increased for four straight years, with a five-year change of +5.99 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 84.27% in FY2024 (+1.60 pp), 82.67% in FY2023 (+1.90 pp), 80.77% in FY2022 (+1.80 pp) and 78.97% in FY2021 (-0.01 pp).
- Quarterly Gross Margin has ranged from 76.98% in Q3 2021 to 85.56% in Q4 2025 over the past five years.
- On a year-over-year basis, Gross Margin has increased for 19 consecutive quarters, with an average year-over-year change of +0.71 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 4.24 percentage points in Q3 2022, against a drop of 3.13 percentage points in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 84.83% (Q1 2026), 85.56% (Q4 2025) and 84.68% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 84.66% |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | - |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 73.17% |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 76.65% |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 70.68% |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 45.88% |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 79.10% |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 66.64% |
| 10 | Freshworks | 3.29 Bn | 255.06 Mn | 201.28 Mn | 84.79% |
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% |
Freshworks Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FRSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FRSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FRSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();