Freshworks (FRSH) Tax Provisions (2020 - 2026)
Freshworks (FRSH) posted Tax Provisions of -$1.8 million for Q1 2026, up 98.75% sequentially from -$144.6 million in Q4 2025, and down 146.67% YoY from $3.9 million in Q1 2025.
Freshworks (FRSH) Tax Provisions (2020 - 2026) Analysis & Trends
Freshworks has reported Tax Provisions for 7 years, with the latest figure at -$1.8 million in Q1 2026.
- Quarterly Tax Provisions fell 146.67% year-over-year to -$1.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$136.1 million (down 3184.72% YoY) and the FY2025 annual result came in at -$130.4 million, down 2978.86% from the prior year.
- Tax Provisions advanced to -$1.8 million in Q1 2026 per FRSH's latest filing, from -$144.6 million in the prior quarter.
- Over five years, Tax Provisions peaked at $5.9 million in Q4 2024 and troughed at -$144.6 million in Q4 2025.
- A 5-year average of -$6.0 million and a median of $3.6 million in 2023 frame the typical range for Tax Provisions.
- The widest YoY moves for Tax Provisions: up 154.13% in 2025, down 2537.3% in 2025.
- Over 5 years, Tax Provisions stood at $4.8 million in 2022, then slumped by 43.1% to $2.8 million in 2023, then surged by 115.28% to $5.9 million in 2024, then plunged by 2537.3% to -$144.6 million in 2025, then jumped by 98.75% to -$1.8 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$1.8 million, -$144.6 million, and $4.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -1.86 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 273.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 614.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 840.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 140.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -1.09 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 279.20 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 526.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 983.00 Mn |
| 10 | Freshworks | 3.33 Bn | 2.66 Bn | 201.28 Mn | 7.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.03 Mn |
| Mar 31, 2026 | -1.80 Mn |
| Dec 31, 2025 | -144.56 Mn |
| Sep 30, 2025 | 4.63 Mn |
| Jun 30, 2025 | 5.63 Mn |
| Mar 31, 2025 | 3.86 Mn |
| Dec 31, 2024 | 5.93 Mn |
| Sep 30, 2024 | 5.02 Mn |
| Jun 30, 2024 | -10.40 Mn |
| Mar 31, 2024 | 4.00 Mn |
| Dec 31, 2023 | 2.76 Mn |
| Sep 30, 2023 | 3.29 Mn |
| Jun 30, 2023 | 3.60 Mn |
| Mar 31, 2023 | 4.04 Mn |
| Dec 31, 2022 | 4.84 Mn |
| Sep 30, 2022 | 1.80 Mn |
| Jun 30, 2022 | 2.20 Mn |
| Mar 31, 2022 | 2.50 Mn |
| Dec 31, 2021 | 18.22 Mn |
| Sep 30, 2021 | -9.90 Mn |