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
DateValue
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