Growth Metrics

Freshworks (FRSH) Research & Development (2020 - 2026)

Freshworks recorded quarterly Research & Development of $49.3 million in Q1 2026, up 17.84% quarter-over-quarter from $41.8 million in Q4 2025, and up 23.15% year-over-year from $40.0 million in Q1 2025.

Freshworks' Research & Development history runs 7 years deep, the most recent figure standing at $49.3 million for Q1 2026.

  • In Q1 2026, Research & Development rose 23.15% year-over-year to $49.3 million; the TTM figure through Mar 2026 stood at $172.5 million (up 1.51% YoY), while the FY2025 annual figure was $163.2 million, down 0.84% from the prior year.
  • Research & Development came in at $49.3 million for Q1 2026 at Freshworks, up from $41.8 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $49.3 million in Q1 2026 to a low of $30.7 million in Q1 2022.
  • A 5-year average of $38.3 million and a median of $35.9 million in 2022 frame the typical range for Research & Development.
  • On a YoY basis, Research & Development climbed as much as 99.53% in 2022 and fell as far as 37.16% in 2022.
  • Freshworks' Research & Development stood at $34.7 million in 2022, then gained by 3.39% to $35.8 million in 2023, then rose by 14.49% to $41.0 million in 2024, then grew by 1.89% to $41.8 million in 2025, then increased by 17.84% to $49.3 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $49.3 million, $41.8 million, and $41.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -1.99 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 1.62 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 951.00 Mn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 437.00 Mn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 823.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 508.44 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 1.11 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 253.90 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 840.00 Mn
10 Freshworks 2.57 Bn 2.02 Bn 193.95 Mn 49.26 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 49.26 Mn
Dec 31, 2025 41.80 Mn
Sep 30, 2025 41.46 Mn
Jun 30, 2025 39.94 Mn
Mar 31, 2025 40.00 Mn
Dec 31, 2024 41.03 Mn
Sep 30, 2024 47.89 Mn
Jun 30, 2024 40.99 Mn
Mar 31, 2024 34.68 Mn
Dec 31, 2023 35.83 Mn
Sep 30, 2023 34.89 Mn
Jun 30, 2023 34.18 Mn
Mar 31, 2023 32.86 Mn
Dec 31, 2022 34.66 Mn
Sep 30, 2022 35.87 Mn
Jun 30, 2022 34.30 Mn
Mar 31, 2022 30.72 Mn
Dec 31, 2021 29.03 Mn
Sep 30, 2021 57.09 Mn
Jun 30, 2021 18.90 Mn
Mar 31, 2021 15.40 Mn
Dec 31, 2020 16.15 Mn
Sep 30, 2020 13.25 Mn