Freshworks (FRSH) Other Working Capital Changes (2020 - 2026)
Freshworks (FRSH) reported Other Working Capital Changes of -$2.3 million for Q2 2026, compared with $7.37 million a year earlier.
Freshworks (FRSH) Other Working Capital Changes (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Freshworks' Other Working Capital Changes came in at $48.76 million, down 19.1% year-over-year; for FY2025, it was $61.18 million, up 11.6% from FY2024.
- Other Working Capital Changes has a five-year compound annual growth rate of 10.9% (FY2020 to FY2025).
- By year, Other Working Capital Changes came in at $54.81 million in FY2024 (-9.8%), $60.77 million in FY2023 (+33.7%), $45.45 million in FY2022 (-18.8%) and $55.99 million in FY2021 (+53.6%).
- The Q2 2026 figure ranks as the lowest quarterly Other Working Capital Changes in data going back to Q4 2020.
- Year over year, Other Working Capital Changes gained in three of the last seven quarters, with growth averaging 1.1%.
- The high point for year-over-year Other Working Capital Changes in five years was Q2 2023 (growth of 64.7%); the low point was Q3 2025 (a decline of 83.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $12.56 million (Q1 2026), $36.87 million (Q4 2025) and $1.62 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 484.14 Bn | 453.09 Bn | 1.64 Bn |
| 2 | Oracle | 382.29 Bn | 254.42 Bn | - |
| 3 | Sap Se | 271.18 Bn | 198.96 Bn | 8.40 Bn |
| 4 | Salesforce | 198.30 Bn | 154.17 Bn | 8.70 Bn |
| 5 | ServiceNow | 157.86 Bn | 136.32 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 118.67 Bn | 100.80 Bn | 2.51 Bn |
| 7 | Intuit | 92.65 Bn | 72.00 Bn | 3.44 Bn |
| 8 | Relx | 71.64 Bn | 70.74 Bn | - |
| 9 | Strategy | 54.13 Bn | 47.12 Bn | 81.55 Mn |
| 10 | Freshworks | 4.04 Bn | 999.16 Mn | 201.28 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.01 Mn |
| Mar 31, 2026 | -25.44 Mn |
| Dec 31, 2025 | 26.83 Mn |
| Sep 30, 2025 | 2.29 Mn |
| Jun 30, 2025 | -11.54 Mn |
| Mar 31, 2025 | -16.88 Mn |
| Dec 31, 2024 | 21.95 Mn |
| Sep 30, 2024 | 1.49 Mn |
| Jun 30, 2024 | -1.82 Mn |
| Mar 31, 2024 | -6.99 Mn |
| Dec 31, 2023 | 13.02 Mn |
| Sep 30, 2023 | -4.02 Mn |
| Jun 30, 2023 | 3.88 Mn |
| Mar 31, 2023 | 608,000.00 |
| Dec 31, 2022 | 8.93 Mn |
| Sep 30, 2022 | -5.83 Mn |
| Jun 30, 2022 | -404,000.00 |
| Mar 31, 2022 | -2.74 Mn |
| Dec 31, 2021 | 18.71 Mn |
| Sep 30, 2021 | -6.33 Mn |
Freshworks Other Working Capital Changes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=FRSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "ticker": "FRSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-working-capital-changes&ticker=FRSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();