Freshworks (FRSH) Net Margin (2020 - 2026)

Freshworks (FRSH) posted Net Margin of 2.11% for Q1 2026, down 102.46% sequentially from 85.95% in Q4 2025, and down 145.0% YoY from 4.7% in Q1 2025.

Freshworks (FRSH) Net Margin (2020 - 2026) Analysis & Trends

Freshworks has reported Net Margin for 7 years, with the latest figure at 2.11% in Q1 2026.

  • Quarterly Net Margin fell 145.0% year-over-year to 2.11% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 20.68% (up 3044.0% YoY) and the FY2025 annual result came in at 21.9%, up 3514.0% from the prior year.
  • Net Margin retreated to 2.11% in Q1 2026 per FRSH's latest filing, from 85.95% in the prior quarter.
  • Over five years, Net Margin peaked at 85.95% in Q4 2025 and troughed at 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.
  • The widest YoY moves for Net Margin: up 241047 bps in 2022, down 12903 bps in 2022.
  • Over 5 years, Net Margin stood at 41.66% in 2022, then jumped by 58 bps to 17.54% in 2023, then surged by 36 bps to 11.27% in 2024, then jumped by 863 bps to 85.95% in 2025, then tumbled by 102 bps to 2.11% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 2.11%, 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 255.48 Bn 234.41 Bn 16.51 Bn 21.16%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 41.92%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 18.93%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 17.17%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 7.47%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -21.25%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 17.88%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 25.87%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 35.80%
10 Freshworks 3.33 Bn 2.66 Bn 201.28 Mn 1.36%

Historic Data

Download Data
DateValue
Jun 30, 2026 1.36%
Mar 31, 2026 -2.11%
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 -17.54%
Sep 30, 2023 -20.21%
Jun 30, 2023 -24.59%
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%