Freshworks (FRSH) Operating Expenses (2020 - 2026)
Freshworks (FRSH) posted Operating Expenses of $202.0 million for Q1 2026, up 33.92% sequentially from $150.8 million in Q4 2025, and up 14.25% YoY from $176.8 million in Q1 2025.
Freshworks (FRSH) Operating Expenses (2020 - 2026) Analysis & Trends
Freshworks has reported Operating Expenses for 7 years, with the latest figure at $202.0 million in Q1 2026.
- Quarterly Operating Expenses rose 14.25% year-over-year to $202.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $724.7 million (down 3.52% YoY) and the FY2025 annual result came in at $699.5 million, down 6.2% from the prior year.
- Operating Expenses improved to $202.0 million in Q1 2026 per FRSH's latest filing, from $150.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $202.0 million in Q1 2026 and troughed at $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.
- The widest YoY moves for Operating Expenses: up 116.55% in 2022, down 24.12% in 2022.
- Over 5 years, Operating Expenses stood at $168.6 million in 2022, then gained by 2.68% to $173.1 million in 2023, then grew by 9.1% to $188.9 million in 2024, then retreated by 20.15% to $150.8 million in 2025, then surged 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Freshworks | 3.33 Bn | 2.66 Bn | 201.28 Mn | 195.22 Mn |
Historic Data
Download 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 |