Freshworks (FRSH) Net Margin (2020 - 2026)
Freshworks recorded quarterly Net Margin of 2.1% in Q1 2026, down 102.45% quarter-over-quarter from 85.95% in Q4 2025, and down 144.0% year-over-year from 4.78% in Q1 2025.
Freshworks' Net Margin history runs 7 years deep, the most recent figure standing at 2.1% for Q1 2026.
- In Q1 2026, Net Margin fell 144.0% year-over-year to 2.1%; the TTM figure through Mar 2026 stood at 20.69% (up 3044.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 14.88% and a median of 16.06% in 2024 frame the typical range for Net Margin.
- On a YoY basis, Net Margin climbed as much as 241047 bps in 2022 and fell as far as 30799 bps in 2022.
- Freshworks' Net Margin stood at 41.66% in 2022, then soared by 58 bps to 17.55% in 2023, then surged by 36 bps to 11.27% in 2024, then soared by 863 bps to 85.95% in 2025, then tumbled by 102 bps to 2.1% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 2.1%, 85.95%, and 2.18% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 20.22% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 17.47% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -18.33% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.44% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 22.77% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 29.52% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 22.90% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 35.80% |
| 10 | Freshworks | 2.57 Bn | 2.02 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% |
| Mar 31, 2021 | 265.20% |
| Dec 31, 2020 | -1,630.85% |
| Sep 30, 2020 | -404.87% |