Freshworks (FRSH) Net Margin (2020 - 2026)
Freshworks' (FRSH) quarterly Net Margin came in at 1.36% in Q2 2026, up 221.0% year-over-year from 0.43% in Q2 2025, and up 164.86% quarter-over-quarter from 2.1% in Q1 2026.
Analysis
Freshworks (FRSH) Net Margin (2020 - 2026) Analysis & Trends
Freshworks has disclosed Net Margin across 7 years of filings, most recently posting 1.36% for Q2 2026.
- In Q2 2026, Net Margin rose 221.0% year-over-year to 1.36%; the TTM figure through Jun 2026 stood at 20.49% (up 2752.0% YoY), while the FY2025 annual figure was 21.9%, up 3514.0% from the prior year.
- Net Margin came in at 1.36% for Q2 2026 at Freshworks, up from 2.1% 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.
- Average Net Margin over 5 years is 13.98%, with a median of 15.1% recorded in 2024.
- The largest YoY upside for Net Margin was 241047 bps in 2022 against a maximum downside of 30799 bps in 2022.
- Over 5 years, Net Margin stood at 41.66% in 2022, then surged by 58 bps to 17.54% in 2023, then soared by 36 bps to 11.27% in 2024, then surged by 863 bps to 85.95% in 2025, then slumped by 98 bps to 1.36% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 1.36% in Q2 2026, 2.1% in Q1 2026, and 85.95% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Salesforce | 213.40 Bn | 201.99 Bn | 8.70 Bn | 31.08% |
| 2 | Hubspot | 12.30 Bn | 10.96 Bn | 750.86 Mn | 4.75% |
| 3 | Freshworks | 3.35 Bn | 2.68 Bn | 201.28 Mn | 1.36% |
| 4 | Intapp | 3.19 Bn | 3.03 Bn | 118.37 Mn | -3.62% |
| 5 | Blackbaud | 2.14 Bn | 1.30 Bn | 178.16 Mn | 12.17% |
| 6 | Sprinklr | 1.40 Bn | 1.17 Bn | 139.19 Mn | 3.33% |
| 7 | ZoomInfo Technologies | 1.21 Bn | 1.05 Bn | 256.80 Mn | -207.38% |
| 8 | Thryv Holdings | 92.39 Mn | 83.25 Mn | 94.56 Mn | -11.05% |
| 9 | Helport AI | 24.20 Mn | 23.92 Mn | - | - |
| 10 | Youxin Technology | 3.56 Mn | -263,824.72 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.36% |
| Mar 31, 2026 | -2.10% |
| Dec 31, 2025 | 85.95% |
| Sep 30, 2025 | -2.18% |
| Jun 30, 2025 | -0.85% |
| Mar 31, 2025 | -0.69% |
| 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 | -20.22% |
| 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% |