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