Freshworks (FRSH) Operating Expenses (2020 - 2026)
Freshworks' (FRSH) quarterly Operating Expenses came in at $195.2 million in Q2 2026, up 7.15% year-over-year from $182.2 million in Q2 2025, and down 3.36% quarter-over-quarter from $202.0 million in Q1 2026.
Analysis
Freshworks (FRSH) Operating Expenses (2020 - 2026) Analysis & Trends
Freshworks has disclosed Operating Expenses across 7 years of filings, most recently posting $195.2 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 7.15% year-over-year to $195.2 million; the TTM figure through Jun 2026 stood at $737.7 million (down 0.79% YoY), while the FY2025 annual figure was $699.5 million, down 6.2% from the prior year.
- Operating Expenses came in at $195.2 million for Q2 2026 at Freshworks, down from $202.0 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.
- Average Operating Expenses over 5 years is $174.5 million, with a median of $172.3 million recorded in 2023.
- The largest YoY upside for Operating Expenses was 116.55% in 2022 against a maximum downside of 24.12% in 2022.
- Over 5 years, Operating Expenses stood at $168.6 million in 2022, then increased by 2.68% to $173.1 million in 2023, then advanced by 9.1% to $188.9 million in 2024, then declined by 20.15% to $150.8 million in 2025, then climbed by 29.43% to $195.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $195.2 million in Q2 2026, $202.0 million in Q1 2026, and $150.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Salesforce | 213.40 Bn | 201.99 Bn | 8.70 Bn | 6.37 Bn |
| 2 | Hubspot | 12.30 Bn | 10.96 Bn | 750.86 Mn | 707.54 Mn |
| 3 | Freshworks | 3.35 Bn | 2.68 Bn | 201.28 Mn | 195.22 Mn |
| 4 | Intapp | 3.19 Bn | 3.03 Bn | 118.37 Mn | 122.59 Mn |
| 5 | Blackbaud | 2.14 Bn | 1.30 Bn | 178.16 Mn | 116.15 Mn |
| 6 | Sprinklr | 1.40 Bn | 1.17 Bn | 139.19 Mn | 129.23 Mn |
| 7 | ZoomInfo Technologies | 1.21 Bn | 1.05 Bn | 256.80 Mn | 878.80 Mn |
| 8 | Thryv Holdings | 92.39 Mn | 83.25 Mn | 94.56 Mn | 95.70 Mn |
| 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 | 195.22 Mn |
| 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 |