Growth Metrics

Freshworks (FRSH) Operating Expenses (2020 - 2026)

Freshworks recorded quarterly Operating Expenses of $202.0 million in Q1 2026, up 33.92% quarter-over-quarter from $150.8 million in Q4 2025, and up 14.25% year-over-year from $176.8 million in Q1 2025.

Freshworks' Operating Expenses history runs 7 years deep, the most recent figure standing at $202.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 14.25% year-over-year to $202.0 million; the TTM figure through Mar 2026 stood at $724.7 million (down 3.52% YoY), while the FY2025 annual figure was $699.5 million, down 6.2% from the prior year.
  • Operating Expenses came in at $202.0 million for Q1 2026 at Freshworks, up from $150.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $202.0 million in Q1 2026 to a low of $139.4 million in Q1 2022.
  • A 5-year average of $173.3 million and a median of $171.4 million in 2024 frame the typical range for Operating Expenses.
  • On a YoY basis, Operating Expenses climbed as much as 116.55% in 2022 and fell as far as 24.12% in 2022.
  • Freshworks' Operating Expenses stood at $168.6 million in 2022, then rose by 2.68% to $173.1 million in 2023, then climbed by 9.1% to $188.9 million in 2024, then fell by 20.15% to $150.8 million in 2025, then jumped by 33.92% to $202.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $202.0 million, $150.8 million, and $189.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -7.98 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 6.82 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 11.28 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 1.16 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 2.33 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 1.04 Bn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 3.32 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 4.23 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 4.54 Bn
10 Freshworks 2.57 Bn 2.02 Bn 193.95 Mn 202.01 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 202.01 Mn
Dec 31, 2025 150.84 Mn
Sep 30, 2025 189.62 Mn
Jun 30, 2025 182.19 Mn
Mar 31, 2025 176.81 Mn
Dec 31, 2024 188.90 Mn
Sep 30, 2024 195.63 Mn
Jun 30, 2024 189.74 Mn
Mar 31, 2024 171.42 Mn
Dec 31, 2023 173.14 Mn
Sep 30, 2023 166.02 Mn
Jun 30, 2023 163.51 Mn
Mar 31, 2023 160.56 Mn
Dec 31, 2022 168.62 Mn
Sep 30, 2022 162.87 Mn
Jun 30, 2022 164.74 Mn
Mar 31, 2022 139.37 Mn
Dec 31, 2021 141.46 Mn
Sep 30, 2021 214.63 Mn
Jun 30, 2021 76.08 Mn
Mar 31, 2021 65.61 Mn
Dec 31, 2020 60.92 Mn
Sep 30, 2020 52.97 Mn