Freshworks (FRSH) Net Margin (2020 - 2026)
Freshworks' (FRSH) quarterly Net Margin came in at 2.1% in Q1 2026, down 144.0% year-on-year from 4.78% in Q1 2025, and down 102.45% quarter-over-quarter from 85.95% in Q4 2025.
Freshworks (FRSH) Net Margin (2020 - 2026) Analysis & Trends
Freshworks has disclosed Net Margin across 7 years of filings, most recently posting 2.1% for Q1 2026.
- Net Margin for Q1 2026 came in at 2.1%, down 144.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.69% (up 3044.0% YoY), and the FY2025 annual result was 21.9%, up 3514.0% from the prior year.
- Net Margin came in at 2.1% for Q1 2026 at Freshworks, down from 85.95% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 85.95% in Q4 2025 to a low of 57.44% in Q2 2022.
- The 5-year median for Net Margin is 16.06% (2024), against an average of 14.88%.
- Peak annual rise in Net Margin reached 241047 bps in 2022, while the deepest fall reached 30799 bps in 2022.
- Freshworks' Net Margin stood at 41.66% in 2022, then surged by 58 bps to 17.55% in 2023, then jumped by 36 bps to 11.27% in 2024, then surged by 863 bps to 85.95% in 2025, then plunged by 102 bps to 2.1% in 2026.
- The last three Net Margin figures came in at 2.1% (Q1 2026), 85.95% (Q4 2025), and 2.18% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -18.33% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 18.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 22.77% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 12.44% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 22.90% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 25.87% |
| 10 | Freshworks | 2.69 Bn | 2.14 Bn | 193.95 Mn | -2.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.10% |
| Dec 31, 2025 | 85.95% |
| Sep 30, 2025 | -2.18% |
| Jun 30, 2025 | -0.85% |
| Mar 31, 2025 | -0.66% |
| Dec 31, 2024 | -11.27% |
| Sep 30, 2024 | -16.06% |
| Jun 30, 2024 | -11.57% |
| Mar 31, 2024 | -14.15% |
| Dec 31, 2023 | -17.55% |
| Sep 30, 2023 | -20.21% |
| Jun 30, 2023 | -24.58% |
| Mar 31, 2023 | -30.99% |
| Dec 31, 2022 | -41.66% |
| Sep 30, 2022 | -44.92% |
| Jun 30, 2022 | -57.44% |
| Mar 31, 2022 | -42.80% |
| Dec 31, 2021 | -70.85% |
| Sep 30, 2021 | -2,455.39% |
| Jun 30, 2021 | -685.28% |