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| Date | Value |
|---|---|
| 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% |